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Magnesium Citrate Market to make a new high by reaching USD 10 Mn by 2028

Magnesium citrate is a magnesium preparation in salt form with citric acid. It’s often used in nutrition supplement, food & beverage industry and pharmaceutical industry.

Due to the COVID-19 pandemic, the global Magnesium Citrate market size is estimated to be worth US$ 7 million in 2022 and is forecast to a readjusted size of US$ 10 million by 2028 with a CAGR of 4.9% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Anhydrous Type accounting for % of the Magnesium Citrate global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Nutrient Supplement segment is altered to an % CAGR throughout this forecast period.

Currently, there are many suppliers all over the world, such as Jungbunzlauer, Global Calcium, Gadot Biochemical Industries, Sucroal, Dr. Paul Lohmann, Penglai Marine, Dongtai Food Ingredients, Xiyang Chemical and Hengheng Fine Chemical etc. Market concentration in this industry is high, and total sales share of those 10 suppliers is 92%. During all those manufacturers, Jungbunzlauer and Gadot Biochemical Industries are top two suppliers.

Global major consumption regions are distributed in North America, Europe, Asia Pacific, South America, Middle East and Africa. North America is the largest consumption share of 38%. Europe consumption is the second largest consumption region.

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

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The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type

  • Anhydrous Type
  • Nonahydrate Type
  • Other

Segment by Application

  • Nutrient Supplement
  • Food & Beverage Industry
  • Pharmaceutical Industry
  • Others

By Company

  • Jungbunzlauer
  • Global Calcium
  • Gadot Biochemical Industries
  • Sucroal
  • Paul Lohmann
  • Penglai Marine
  • Dongtai Food Ingredients
  • Yunbo Chemical
  • Xiyang Chemical
  • Hengheng Fine Chemical

Production by Region

  • North America
  • Europe
  • China

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)


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Mr. Shirish Gupta

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