Global Epsom Salt Market Size By Form (Granules, Powder, Crystal), By Application (Food & Beverages, Agriculture, Personal Care), By Geographic Scope And Forecast
Report ID: 275770|No. of Pages: 202
Global Epsom Salt Market Size By Form (Granules, Powder, Crystal), By Application (Food & Beverages, Agriculture, Personal Care), By Geographic Scope And Forecast
Epsom Salt Market Size And Forecast
Epsom Salt Market size was valued at USD 3.53 Billion in 2023 and is projected to reach USD 4.7 Billion by 2030, growing at a CAGR of 4.4% during the forecasted period 2024 to 2030.
The increased consumer health awareness throughout the world is predicted to drive demand for Epsom salts, which are used to treat a variety of diseases. Everyone wants to get rid of constipation because it has become such a frequent ailment. As a result, Epsom salts makers should market the product to constipation sufferers since it functions as a laxative to ease occasional constipation. Furthermore, new firms entering the market should concentrate on hydrous Epsom salts, as demand for hydrous Epsom salts in pharmaceutical grade to create medications for liver detoxification is likely to increase. Given the aforementioned factors, the Epsom salts market is likely to increase positively throughout the forecast period.
Global Epsom Salt Market Drivers
The market drivers for the Epsom Salt Market can be influenced by various factors. These may include:
- Health & Wellness Trends: One major factor driving this trend is rising knowledge of the therapeutic benefits of Epsom salts for stress alleviation, muscular relaxation, and skincare. The demand for products containing Epsom salts is increasing as people become more health conscious and look for natural solutions.
- Growing Need in Agriculture: Epsom salt, sometimes called magnesium sulphate chemically, is used as a fertiliser in agriculture to improve crop quality and output. Epsom salt is becoming more and more popular in agriculture due to the world’s growing need for food and the requirement for sustainable farming methods.
- The exfoliating and skin-soothing qualities of epsom salt make it a popular ingredient in bath salts, scrubs, and other skincare products in the beauty and personal care industry. The demand for Epsom salt in the beauty and personal care sector is influenced by the industry’s growth, which is being driven by factors such as shifting customer tastes and lifestyle trends.
- Growth in the Sports and Fitness Sector: After strenuous workouts, athletes and fitness enthusiasts frequently take Epsom salt baths to relieve discomfort and relax their muscles. Products like Epsom salt that promote post-exercise recovery are in high demand as the global sports and fitness sector grows.
- Growth of Spa and Wellness Tourism: For restorative purposes and relaxation, spas and wellness centres are now offering Epsom salt treatments. The demand for Epsom salt in this market is fueled by the growth of wellness tourism, which is being pushed by a growing number of people looking for stress-relieving and revitalising experiences.
- Product Innovation and Marketing: In response to changing consumer demands and tastes, companies are constantly launching new formulations and products based on Epsom salts. Effective marketing techniques that emphasise Epsom salt’s advantages and adaptability propel market expansion even further.
- Availability and Cost of Raw Materials: The price and manufacture of Epsom salt products can be affected by the cost and availability of raw materials, especially magnesium sulphate. Market dynamics may be impacted by variables including shifts in the pricing of raw materials and interruptions in the supply chain.
- Regulatory Environment and Standards: Market participants must conform to quality and safety regulations, as well as regulatory standards and certifications. The market for Epsom salts may be impacted by modifications to laws governing environmental standards, production procedures, and product labelling.
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Global Epsom Salt Market Restraints
Several factors can act as restraints or challenges for the Epsom Salt Market. These may include:
- Limited Knowledge: Despite all of its advantages, customers may not be fully aware of all the applications and advantages of Epsom salt, which could impede the product’s growth in the market.
- Availability of substitutes: There are substitute goods on the market that provide comparable advantages, including magnesium supplements or different kinds of bath salts. The market expansion for Epsom salts may be constrained by the availability of these alternatives.
- Regulations: The growth of the Epsom salt market may be impacted by regulations and rules pertaining to the usage of the product in particular applications or concentrations. For producers, adhering to rules can occasionally be expensive and time-consuming.
- Price fluctuations: A number of variables, including shifts in the price of raw materials, shipping costs, and exchange rates, can affect the price of magnesium sulphate, the main ingredient in Epsom salt. These variations may have an effect on market demand as well as the cost of Epsom salt products.
- Competition from Natural cures: Alternative therapies and natural cures for ailments including muscular soreness, stress alleviation, and skincare pose a threat to epsom salt. The market demand for Epsom salt may be impacted if consumers choose these substitutes over it.
- Environmental Concerns: The source and production of Epsom salt may give rise to some environmental concerns. These may include the effects of magnesium mining on water bodies and packaging waste. Consumer preferences and purchase decisions may be influenced by these issues.
- Distribution Challenges: Reaching target markets and consumers requires effective distribution methods. Distribution issues, such restricted availability in some areas or ineffective supply chains, may make it more difficult for Epsom salt products to grow their market share.
Global Epsom Salt Market: Segmentation Analysis
The Global Epsom Salt Market is segmented based on Form, Application, and Geography.
Epsom Salt Market, By Form
- Granules
- Powder
- Crystal
Based on Form, the market is further segmented into Granules, Powder and Crystal. Epsom salt is a kind of magnesium sulphate. The word is frequently used to describe the colorless or white crystals formed when Epsom salts are combined with an acid such as hydrochloric acid. They are normally 0.02 inch in diameter and are available at hardware stores with other pool supplies. The most typical application for these tiny particles is foot soaking while bathing. Epsom salts are primarily utilized as an electrolyte to balance physiological fluids and minerals, as well as a healing agent. Bath salts or just Epsom salts are other names for Epsom salts.
Epsom Salt Market, By Application
- Food & Beverages
- Agriculture
- Personal Care
- Pharmaceuticals
- Others
Based on Application, the market is further segmented into Food & Beverages, Agriculture, Personal Care, Pharmaceuticals and Others. Agriculture is one of Epsom salts most essential applications. Farmers frequently use this chemical to boost plant growth and agricultural harvests. The treatment also aids plant mineral absorption, hence increasing nutritious value. Traditionally, Epsom salts are sprinkled on planting beds or directly on seeds before they are planted (as a fertilizer). Epsom salt is one of the most widely used food additives on the planet. It aids in the enhancement of the flavour, viscosity, and texture of processed goods such as bread, dairy products, sweets, jams, and so on.
Epsom Salt Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the World
Based on regional analysis, the Global Epsom Salt Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. During the projected period, the Asia-Pacific market is likely to lead the worldwide epsom salt market. The increase is linked to increased epsom salt demand from end-use sectors such as personal care, home care, pharmaceutical, and agricultural. In addition, the growing usage of Epsom salt in spas and salons is likely to enhance the market throughout the forecast period. During the forecast period, the North American market is predicted to develop at the fastest CAGR in the worldwide Epsom salt market. The growing number of health and beauty-conscious customers, increased consumer knowledge of Epsom salt’s therapeutic advantages, and expansion in the personal care industry are likely to boost the market for Epsom salt in North America. Furthermore, important industry participants such as San Francisco Salt Company, SaltWorks, Inc., and Baymag Inc. are providing different types of Epsom salts, which will grow the North American market even more.
Key Players
The “Global Epsom Salt Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are MACCO Organiques, The Chemical Company, Jost Chemical Co., SaltWorks, Inc., K+S KALI GmbH, Esentiel, SAN FRANCISCO SALT COMPANY, Nutritional Supplement Manufacturers, Inc., Tomita Pharmaceutical Co., Ltd., S D Fine-Chem Limited, Giles Chemical, Westlab Ltd., Cargill, Incorporated, Morton Salt, Inc., Nature’s Way Products, LLC, EPSOM SALT COUNCIL, Dr. Teal’s. amongst others are a few major companies operating in the Epsom Salt Market. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD | 2020-2030 |
| BASE YEAR | 2023 |
| FORECAST PERIOD | 2024-2030 |
| HISTORICAL PERIOD | 2020-2022 |
| UNIT | Value (USD Billion) |
| KEY COMPANIES PROFILED | MACCO Organiques, The Chemical Company, Jost Chemical Co., SaltWorks, Inc., K+S KALI GmbH, Esentiel, SAN FRANCISCO SALT COMPANY, Nutritional Supplement Manufacturers, Inc., & Others |
| SEGMENTS COVERED | Form, Application, and Geography. |
| CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope. |
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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
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• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
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TABLE OF CONTENT
1 INTRODUCTION OF GLOBAL EPSOM SALT MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL EPSOM SALT MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 GLOBAL EPSOM SALT MARKET, BY FORM
5.1 Overview
5.2 Granules
5.3 Powder
5.4 Crystal
6 GLOBAL EPSOM SALT MARKET, BY APPLICATION
6.1 Overview
6.2 Food & Beverages
6.3 Agriculture
6.4 Personal Care
6.5 Pharmaceuticals
6.6 Others
7 GLOBAL EPSOM SALT MARKET, BY GEOGRAPHY
7.1 Overview
7.2 North America
7.2.1 U.S.
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 U.K.
7.3.3 France
7.3.4 Rest of Europe
7.4 Asia Pacific
7.4.1 China
7.4.2 Japan
7.4.3 India
7.4.4 Rest of Asia Pacific
7.5 Rest of the World
7.5.1 Latin America
7.5.2 Middle East and Africa
8 GLOBAL EPSOM SALT MARKET COMPETITIVE LANDSCAPE
8.1 Overview
8.2 Company Market Ranking
8.3 Key Development Strategies
9 COMPANY PROFILES
9.1 MACCO Organiques
9.1.1 Overview
9.1.2 Financial Performance
9.1.3 Product Outlook
9.1.4 Key Developments
9.2 The Chemical Company
9.2.1 Overview
9.2.2 Financial Performance
9.2.3 Product Outlook
9.2.4 Key Developments
9.3 Jost Chemical Co.
9.3.1 Overview
9.3.2 Financial Performance
9.3.3 Product Outlook
9.3.4 Key Developments
9.4 SaltWorks, Inc.
9.4.1 Overview
9.4.2 Financial Performance
9.4.3 Product Outlook
9.4.4 Key Developments
9.5 K+S KALI GmbH
9.5.1 Overview
9.5.2 Financial Performance
9.5.3 Product Outlook
9.5.4 Key Developments
9.6 Esentiel
9.6.1 Overview
9.6.2 Financial Performance
9.6.3 Product Outlook
9.6.4 Key Development
9.7 SAN FRANCISCO SALT COMPANY
9.7.1 Overview
9.7.2 Financial Performance
9.7.3 Product Outlook
9.7.4 Key Developments
9.8 Nutritional Supplement Manufacturers, Inc.
9.8.1 Overview
9.8.2 Financial Performance
9.8.3 Product Outlook
9.8.4 Key Development
9.9 Tomita Pharmaceutical Co., Ltd.
9.9.1 Overview
9.9.2 Financial Performance
9.9.3 Product Outlook
9.10 S D Fine-Chem Limited
9.10.1 Overview
9.10.2 Financial Performance
9.10.3 Product Outlook
9.10.4 Key Development
10 KEY DEVELOPMENTS
10.1 Product Launches/Developments
10.2 Mergers and Acquisitions
10.3 Business Expansions
10.4 Partnerships and Collaborations
11 Appendix
11.1 Related Research
Report Research Methodology
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Data Collection Matrix
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Econometrics and data visualization model
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Industry Analysis Matrix
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