The global magnesium acetate market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market can be attributed to the increasing demand for magnesium acetate in various industries such as pharmaceuticals, food and textiles industry. The increasing demand for magnesium acetate in these industries is due to its wide range of applications such as antacid, laxative and emulsifier which are used in various products such as medicines, food items and textiles respectively.
The global anhydrous magnesium acetate market is expected to grow at a CAGR of 4.6% during the forecast period, to reach USD 0.8 billion by 2030 from USD 0.7 billion in 2018 with North America being the largest regional segment followed by Europe and Asia Pacific respectively with a share of 34% each in 2018 followed by Latin America with a share of 27%.
Some Of The Growth Factors Of This Market:
- The increasing demand for magnesium acetate in pharmaceuticals is attributed to its use as an antacid and laxative agent, which are used in treating various gastrointestinal disorders such as constipation and diarrhea.
- Magnesium acetate has been found effective in reducing pain associated with osteoarthritis and rheumatoid arthritis, which has led to increased demand for it from patients suffering from these conditions worldwide . This factor will also contribute significantly towards driving the growth of this market over the forecast period.
Industry Growth Insights published a new data on “Magnesium Acetate Market”. The research report is titled “Magnesium Acetate Market research by Types (Anhydrous Magnesium Acetate, Hydrous Magnesium Acetate), By Applications (Pharmaceutical Industry, Food Industry, Textiles Industry, Transportation Industry, Others), By Players/Companies Merck KGaA, Niacet Corporation, VASA PharmaChem, Celtic Chemicals, Hefei TNJ Chemical Industry, American Elements, Shanxi Zhaoyi Chemical Co. Ltd., Yuanfu Chemical, Wuxi Yangshan Biochemical, Weifang Yuze Chemical, Lehmann&Voss&Co., Ava Chemicals, UMAI Chemical”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Magnesium Acetate Market Research Report
By Type
Anhydrous Magnesium Acetate, Hydrous Magnesium Acetate
By Application
Pharmaceutical Industry, Food Industry, Textiles Industry, Transportation Industry, Others
By Companies
Merck KGaA, Niacet Corporation, VASA PharmaChem, Celtic Chemicals, Hefei TNJ Chemical Industry, American Elements, Shanxi Zhaoyi Chemical Co. Ltd., Yuanfu Chemical, Wuxi Yangshan Biochemical, Weifang Yuze Chemical, Lehmann&Voss&Co., Ava Chemicals, UMAI Chemical
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Magnesium Acetate Market Report Segments:
The global Magnesium Acetate market is segmented on the basis of:
Types
Anhydrous Magnesium Acetate, Hydrous Magnesium Acetate
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
Pharmaceutical Industry, Food Industry, Textiles Industry, Transportation Industry, 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:
- Merck KGaA
- Niacet Corporation
- VASA PharmaChem
- Celtic Chemicals
- Hefei TNJ Chemical Industry
- American Elements
- Shanxi Zhaoyi Chemical Co. Ltd.
- Yuanfu Chemical
- Wuxi Yangshan Biochemical
- Weifang Yuze Chemical
- Lehmann&Voss&Co.
- Ava Chemicals
- UMAI Chemical
Highlights of The Magnesium Acetate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Anhydrous Magnesium Acetate
- Hydrous Magnesium Acetate
- By Application:
- Pharmaceutical Industry
- Food Industry
- Textiles Industry
- Transportation Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Magnesium Acetate 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
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Magnesium acetate is a white, crystalline powder that is used as an antacid and to treat magnesium deficiency.
Some of the key players operating in the magnesium acetate market are Merck KGaA, Niacet Corporation, VASA PharmaChem, Celtic Chemicals, Hefei TNJ Chemical Industry, American Elements, Shanxi Zhaoyi Chemical Co. Ltd., Yuanfu Chemical, Wuxi Yangshan Biochemical, Weifang Yuze Chemical, Lehmann&Voss&Co., Ava Chemicals, UMAI Chemical.
The magnesium acetate market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Magnesium Acetate Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Magnesium Acetate Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Magnesium Acetate Market - Supply Chain
4.5. Global Magnesium Acetate Market Forecast
4.5.1. Magnesium Acetate Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Magnesium Acetate Market Size (000 Units) and Y-o-Y Growth
4.5.3. Magnesium Acetate Market Absolute $ Opportunity
5. Global Magnesium Acetate Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Magnesium Acetate Market Size and Volume Forecast by Type
5.3.1. Anhydrous Magnesium Acetate
5.3.2. Hydrous Magnesium Acetate
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Magnesium Acetate Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Magnesium Acetate Market Size and Volume Forecast by Application
6.3.1. Pharmaceutical Industry
6.3.2. Food Industry
6.3.3. Textiles Industry
6.3.4. Transportation Industry
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Magnesium Acetate Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Magnesium Acetate Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Magnesium Acetate Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Magnesium Acetate Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Magnesium Acetate Demand Share Forecast, 2019-2026
9. North America Magnesium Acetate Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Magnesium Acetate Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Magnesium Acetate Market Size and Volume Forecast by Application
9.4.1. Pharmaceutical Industry
9.4.2. Food Industry
9.4.3. Textiles Industry
9.4.4. Transportation Industry
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Magnesium Acetate Market Size and Volume Forecast by Type
9.7.1. Anhydrous Magnesium Acetate
9.7.2. Hydrous Magnesium Acetate
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Magnesium Acetate Demand Share Forecast, 2019-2026
10. Latin America Magnesium Acetate Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Magnesium Acetate Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Magnesium Acetate Market Size and Volume Forecast by Application
10.4.1. Pharmaceutical Industry
10.4.2. Food Industry
10.4.3. Textiles Industry
10.4.4. Transportation Industry
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Magnesium Acetate Market Size and Volume Forecast by Type
10.7.1. Anhydrous Magnesium Acetate
10.7.2. Hydrous Magnesium Acetate
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Magnesium Acetate Demand Share Forecast, 2019-2026
11. Europe Magnesium Acetate Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Magnesium Acetate Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Magnesium Acetate Market Size and Volume Forecast by Application
11.4.1. Pharmaceutical Industry
11.4.2. Food Industry
11.4.3. Textiles Industry
11.4.4. Transportation Industry
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Magnesium Acetate Market Size and Volume Forecast by Type
11.7.1. Anhydrous Magnesium Acetate
11.7.2. Hydrous Magnesium Acetate
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y GrowthProjections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Magnesium Acetate Demand Share, 2019-2026
12. Asia Pacific Magnesium Acetate Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Magnesium Acetate Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Magnesium Acetate Market Size and Volume Forecast by Application
12.4.1. Pharmaceutical Industry
12.4.2. Food Industry
12.4.3. Textiles Industry
12.4.4. Transportation Industry
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Magnesium Acetate Market Size and Volume Forecast by Type
12.7.1. Anhydrous Magnesium Acetate
12.7.2. Hydrous Magnesium Acetate
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Magnesium Acetate Demand Share, 2019-2026
13. Middle East & Africa Magnesium Acetate Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Magnesium Acetate Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Magnesium Acetate Market Size and Volume Forecast by Application
13.4.1. Pharmaceutical Industry
13.4.2. Food Industry
13.4.3. Textiles Industry
13.4.4. Transportation Industry
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Magnesium Acetate Market Size and Volume Forecast by Type
13.7.1. Anhydrous Magnesium Acetate
13.7.2. Hydrous Magnesium Acetate
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Magnesium Acetate Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Magnesium Acetate Market: Market Share Analysis
14.2. Magnesium Acetate Distributors and Customers
14.3. Magnesium Acetate Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Merck KGaA
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Niacet Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. VASA PharmaChem
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Celtic Chemicals
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hefei TNJ Chemical Industry
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. American Elements
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Shanxi Zhaoyi Chemical Co. Ltd.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Yuanfu Chemical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Wuxi Yangshan Biochemical
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Weifang Yuze Chemical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Lehmann&Voss&Co.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Ava Chemicals
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. UMAI Chemical
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
