Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Magnesium Citrate Supplement Market by Type (Softgels, Tablets), By Application (Retailer, Online Shopping, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Magnesium Citrate Supplement Market by Type (Softgels, Tablets), By Application (Retailer, Online Shopping, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 368781 4200 Pharma & Healthcare 377 188 Pages 4.8 (47)
                                          

Market Overview:


The global magnesium citrate supplement market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the rising awareness about the benefits of magnesium citrate supplements among consumers and an increase in product launches by key players in the market. Based on type, softgels are expected to account for a larger share of the global magnesium citrate supplement market during the forecast period. This can be attributed to their ease of use and convenience as compared to tablets. By application, online shopping is projected to witness higher growth during the forecast period owing to increasing penetration of internet and growing demand for convenience among consumers. Regionally, North America is estimated to account for a major share of the global magnesium citrate supplement market in 2018 followed by Europe and Asia Pacific respectively.


Global Magnesium Citrate Supplement Industry Outlook


Product Definition:


A magnesium citrate supplement is a type of mineral supplement that contains magnesium and citric acid. Magnesium is a mineral that is essential for human health, and citric acid is a compound found in citrus fruits that helps to improve absorption of minerals. Magnesium citrate supplements are often used to treat constipation, as the magnesium can help to soften stool and the citric acid can help increase bowel motility. Magnesium Citrate Supplements are also used as an electrolyte replenisher for athletes and those who engage in strenuous physical activity.


Softgels:


Magnesium citrate is a salt that is formed by the reaction of citric acid and magnesium sulfate. The product has an odor similar to that of fresh lemons. It is usually sold in softgels, which are gelatin-coated capsules containing approximately 200 mg of the compound along with 100 mg of dicalcium phosphate.


Tablets:


Tablets are small solid packages that are used to provide single-dose drug formulations. They can be made from a wide range of materials such as plastic, glass, and aluminum. Tablets have the advantage of being easy to swallow; they also help in avoiding any potential negative side effects due to the large volume consumed per dose.


Application Insights:


The retailer application segment led the global magnesium citrate supplement market in 2017. Magnesium plays a key role in maintaining bone and muscle health, which is likely to drive its demand from this application. Furthermore, retailers are likely to be the major end-users of these supplements as they provide excellent returns on investment for retailers due to high product sales. The online shopping segment is anticipated to witness significant growth over the forecast period owing to increasing consumer preference for buying products through online stores rather than physical shops. This trend will positively influence industry growth over the next eight years.


Magnesium citrate tablets are used for treating magnesium deficiency as it helps absorb dietary calcium and maintain bone mineral density by strengthening bones and teeth1; however, there isn¢â‚¬â„¢t enough scientific evidence supporting its effectiveness in treating osteoporosis or any other medical condition related with magnesium deficiency2-4.


Regional Analysis:


North America was the largest market for magnesium citrate supplements, accounting for a share of more than 30.0% in 2017. The region is expected to maintain its dominance over the forecast period as well Magnesium citrate products are widely available in this region and consumers have a high awareness about these products, which is one of the key factors responsible for maintaining the dominance of this region.


Asia Pacific is anticipated to be one of the fastest-growing regions with a CAGR exceeding 6.5% from 2018 to 2030 owing to increasing health consciousness among people and rising disposable income especially in developing countries such as China.


Growth Factors:


  • Increasing awareness about the health benefits of magnesium citrate supplements among consumers.
  • Rising demand for natural and organic supplements.
  • Growing popularity of magnesium citrate supplements as a weight loss aid.
  • increasing incidence of magnesium deficiency in the population worldwide

Scope Of The Report

Report Attributes

Report Details

Report Title

Magnesium Citrate Supplement Market Research Report

By Type

Softgels, Tablets

By Application

Retailer, Online Shopping, Others

By Companies

Nature Made, Holland&Barrett, Solgar, Simply Supplements, LES Labs, NusaPure, NutriCology, Natures Aid, Zenith Nutrition, Life Extension, Now Foods, Rootcology, Vitacost, Swanson Health

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

188

Number of Tables & Figures

132

Customization Available

Yes, the report can be customized as per your need.


Global Magnesium Citrate Supplement Market Report Segments:

The global Magnesium Citrate Supplement market is segmented on the basis of:

Types

Softgels, Tablets

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Retailer, Online Shopping, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Nature Made
  2. Holland&Barrett
  3. Solgar
  4. Simply Supplements
  5. LES Labs
  6. NusaPure
  7. NutriCology
  8. Natures Aid
  9. Zenith Nutrition
  10. Life Extension
  11. Now Foods
  12. Rootcology
  13. Vitacost
  14. Swanson Health

Global Magnesium Citrate Supplement Market Overview


Highlights of The Magnesium Citrate Supplement Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Softgels
    2. Tablets
  1. By Application:

    1. Retailer
    2. Online Shopping
    3. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Magnesium Citrate Supplement Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Magnesium Citrate Supplement Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Magnesium citrate is a dietary supplement that contains magnesium. Magnesium is important for maintaining healthy bones and muscles, as well as nerve function.

Some of the key players operating in the magnesium citrate supplement market are Nature Made, Holland&Barrett, Solgar, Simply Supplements, LES Labs, NusaPure, NutriCology, Natures Aid, Zenith Nutrition, Life Extension, Now Foods, Rootcology, Vitacost, Swanson Health.

The magnesium citrate supplement market is expected to grow at a compound annual growth rate of 5.8%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Magnesium Citrate Supplement Market Overview    4.1 Introduction       4.1.1 Market Taxonomy       4.1.2 Market Definition       4.1.3 Macro-Economic Factors Impacting the Market Growth    4.2 Magnesium Citrate Supplement Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Magnesium Citrate Supplement Market - Supply Chain Analysis       4.3.1 List of Key Suppliers       4.3.2 List of Key Distributors       4.3.3 List of Key Consumers    4.4 Key Forces Shaping the Magnesium Citrate Supplement Market       4.4.1 Bargaining Power of Suppliers       4.4.2 Bargaining Power of Buyers       4.4.3 Threat of Substitution       4.4.4 Threat of New Entrants       4.4.5 Competitive Rivalry    4.5 Global Magnesium Citrate Supplement Market Size & Forecast, 2020-2028       4.5.1 Magnesium Citrate Supplement Market Size and Y-o-Y Growth       4.5.2 Magnesium Citrate Supplement Market Absolute $ Opportunity

Chapter 5 Global  Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2  Market Size Forecast by Type
      5.2.1 Softgels
      5.2.2 Tablets
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global  Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2  Market Size Forecast by Applications
      6.2.1 Retailer
      6.2.2 Online Shopping
      6.2.3 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Magnesium Citrate Supplement Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Magnesium Citrate Supplement Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America  Analysis and Forecast
   9.1 Introduction
   9.2 North America  Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America  Market Size Forecast by Type
      9.6.1 Softgels
      9.6.2 Tablets
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America  Market Size Forecast by Applications
      9.10.1 Retailer
      9.10.2 Online Shopping
      9.10.3 Others
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe  Analysis and Forecast
   10.1 Introduction
   10.2 Europe  Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe  Market Size Forecast by Type
      10.6.1 Softgels
      10.6.2 Tablets
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe  Market Size Forecast by Applications
      10.10.1 Retailer
      10.10.2 Online Shopping
      10.10.3 Others
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific  Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific  Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific  Market Size Forecast by Type
      11.6.1 Softgels
      11.6.2 Tablets
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific  Market Size Forecast by Applications
      11.10.1 Retailer
      11.10.2 Online Shopping
      11.10.3 Others
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America  Analysis and Forecast
   12.1 Introduction
   12.2 Latin America  Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America  Market Size Forecast by Type
      12.6.1 Softgels
      12.6.2 Tablets
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America  Market Size Forecast by Applications
      12.10.1 Retailer
      12.10.2 Online Shopping
      12.10.3 Others
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA)  Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA)  Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA)  Market Size Forecast by Type
      13.6.1 Softgels
      13.6.2 Tablets
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA)  Market Size Forecast by Applications
      13.10.1 Retailer
      13.10.2 Online Shopping
      13.10.3 Others
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Magnesium Citrate Supplement Market: Competitive Dashboard
   14.2 Global Magnesium Citrate Supplement Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Nature Made
      14.3.2 Holland&Barrett
      14.3.3 Solgar
      14.3.4 Simply Supplements
      14.3.5 LES Labs
      14.3.6 NusaPure
      14.3.7 NutriCology
      14.3.8 Natures Aid
      14.3.9 Zenith Nutrition
      14.3.10 Life Extension
      14.3.11 Now Foods
      14.3.12 Rootcology
      14.3.13 Vitacost
      14.3.14 Swanson Health

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