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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.
Magnesium citrate is an important magnesium supplements. The main benefit of magnesium citrate over other forms of magnesium is that it is more easily absorbed by the body. Major applications of magnesium citrate are nutrient supplement, food & beverage industry and pharmaceutical industry etc. In 2016, amount of nutrient supplement consumed magnesium citrate is about 3439 MT. Food & beverage consumed about 1237 MT in 2016.
Magnesium citrate is usually classified into anhydrous type, nonahydrate type and others. Anhydrous type magnesium citrate is also used as a saline laxative but is also used as a food additive and dietary supplement. Nonahydrate type magnesium citrate is another common used magnesium citrate. In 2016, global anhydrous type magnesium citrate consumption is about 3131 MT, while consumption of nonahydrate type magnesium citrate is 2276 MT.
In the future, we predict that global consumption will continue to increase, with the improvement of people’s awareness of health. By 2023, global consumption will increase to 7825 MT, with an average increase rate of 4.93% from 2018 to 2023.
Market Analysis and Insights: Global Magnesium Citrate Market
The global Magnesium Citrate market was valued at US$ 46 in 2020 and will reach US$ 57 million by the end of 2027, growing at a CAGR of 3.6% during 2022-2027.
Global Magnesium Citrate Scope and Market Size
The global Magnesium Citrate market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Magnesium Citrate market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Anhydrous Type
Nonahydrate Type
Other
Segment by Application
Nutrient Supplement
Food & Beverage Industry
Pharmaceutical Industry
Others
The Magnesium Citrate market is analysed and market size information is provided by regions (countries). Segment by Application, the Magnesium Citrate market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Jungbunzlauer
Global Calcium
Gadot Biochemical Industries
Sucroal
Dr. Paul Lohmann
Penglai Marine
Dongtai Food Ingredients
Yunbo Chemical
Xiyang Chemical
Hengheng Fine Chemical
Magnesium citrate is an important magnesium supplements. The main benefit of magnesium citrate over other forms of magnesium is that it is more easily absorbed by the body. Major applications of magnesium citrate are nutrient supplement, food & beverage industry and pharmaceutical industry etc. In 2016, amount of nutrient supplement consumed magnesium citrate is about 3439 MT. Food & beverage consumed about 1237 MT in 2016.
Magnesium citrate is usually classified into anhydrous type, nonahydrate type and others. Anhydrous type magnesium citrate is also used as a saline laxative but is also used as a food additive and dietary supplement. Nonahydrate type magnesium citrate is another common used magnesium citrate. In 2016, global anhydrous type magnesium citrate consumption is about 3131 MT, while consumption of nonahydrate type magnesium citrate is 2276 MT.
In the future, we predict that global consumption will continue to increase, with the improvement of people’s awareness of health. By 2023, global consumption will increase to 7825 MT, with an average increase rate of 4.93% from 2018 to 2023.
Market Analysis and Insights: Global Magnesium Citrate Market
The global Magnesium Citrate market was valued at US$ 46 in 2020 and will reach US$ 57 million by the end of 2027, growing at a CAGR of 3.6% during 2022-2027.
Global Magnesium Citrate Scope and Market Size
The global Magnesium Citrate market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Magnesium Citrate market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Anhydrous Type
Nonahydrate Type
Other
Segment by Application
Nutrient Supplement
Food & Beverage Industry
Pharmaceutical Industry
Others
The Magnesium Citrate market is analysed and market size information is provided by regions (countries). Segment by Application, the Magnesium Citrate market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Jungbunzlauer
Global Calcium
Gadot Biochemical Industries
Sucroal
Dr. Paul Lohmann
Penglai Marine
Dongtai Food Ingredients
Yunbo Chemical
Xiyang Chemical
Hengheng Fine Chemical
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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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