North America Epsom Salt Market Research Report - Forecast to 2025
Published Date | 2019 June 4
According to Blueweave consulting, the Epsom salt market is anticipated to touch X.XX millions by 2025 with a CAGR of X.XX% over the forecast period. Epsom salt is actually magnesium sulphate, a mineral compound of magnesium and sulphate with a chemical name MgSO4. Epsom salt is utilized in wide range of application such as gardening, agriculture process, healthcare, home remedies, cosmetics and others.
Epsom salt is also utilized as a fertilizer in varied set of applications such as agriculture fields, livestock breeding, forestry and soilless culture with its major use in rubber tree, oil palm, tobacco plant, orange and tangerine plant & grasslands. It helps the plant to grow healthier and provide plant nutrient solutions.
Magnesium helps in regulating enzyme activity and monitoring body functions ranging from muscle control and electrical impulses to energy production and the removal of harmful toxins.
Though, sulphate plays a crucial role in biological processes like formation of proteins in joints, development of brain tissue, cleansing drugs & environmental impurities, and aids in cascading the digestive enzymes released from the pancreas. Usage of Epsom salt is considered as lucrative measures to lessen the risk of acute and chronic health problems.
In 2018, crystal form segment holds the maximum market share of over XX% and likely to touch USD X.XX Million by 2025. The bath bomb is expected to register a considerable growth rate of X.XX% during the forecast period
Based on the application, the personal care & home care leads the market and projected to reach USD XX.XX Million by 2025 and will grow at a CAGR of X%. Furthermore Food additives & pharmaceutical application is assessed to be the fastest growing application at a highest CAGR of X.XX% during the forecast period.
On the basis of distribution channel, the market is bifurcated into store based which includes drug stores & specialty pharmacies, supermarket/hyper market, convenience stores, others and non-store based. Among them, Store based stores dominate the Epsom salt market and projected to grow at a CAGR of X.XX% over the forecast period. Furthermore, non-store based distribution channel is experiencing a high growth at a CAGR during the forecast period.
The leading market players in the North American epsom salt market primarily are K+S KALI GMBH (Germany), Baymag Inc. (Canada), Bathclin (Japan), PDC Brands (U.S.), CVS Pharmacy (U.S.), San Francisco Salt Company (U.S.), Morton Salt Company, Saltworks, Inc.
· To analyze and forecast market size of the global Epsom Salt market in terms of value.
· To examine the careful market segmentation and forecast the market size, in terms value, on the basis of region by segmenting Epsom Salt market into five regions, namely, North America, Europe, Asia Pacific, Middle East and their leading countries.
· To outline, categorized and forecast the global Epsom Salt market on the basis of Form, Application, and Distribution Channel.
· To examine competitive developments like technological advancement, services, and regulative framework within the Global Epsom Salt Market.
· To highlight the impact analysis of the factors, affecting the market dynamics such as drivers, restraints, opportunities, and challenges.
· To strategically profile the key players and comprehensively analyze their market shares along with detailing the competitive landscape for market leaders.
· Epsom salt manufacturers
· Food service industries
· Raw material suppliers
· Retailers and wholesalers
· Traders, importers and exporters
Regional and Country Analysis of Epsom Salt Market Development and Demand Forecast to 2025 Market
The reports also cover country level analysis:
· Rest of Europe
Asia – Pacific
· Saudi Arabia
· Rest of MEA
· Rest of Latin America