Market Overview
Market Research Future (MRFR) studied the Global Epsom Salt Market Analysis 2020 across the review period between 2019 and 2024. By 2024, the Epsom Salt Market Analysis can surge at 5.1% CAGR. The Epsom Salt Market Analysis is expected to touch USD 4.5 Bn by 2024. COVID 19 assessment for the Epsom Salt Market Analysis is offered with the report. The large-scale utility of Epsom salt can support expansion of the market. Its increase in application across agriculture and beauty products to treat skin inflammations and localized infections can favor the market rise through the course of the study.
Home care, food & beverage processing, livestock farming, and manufacturing of pharmaceutical products are cash-rich end-users of epsom salt that can contribute to the rise of the market through the forecast period. The increase in cognizance about medicinal benefits of Epsom Salt Market Analysis, such as strengthen bones, relieve stress, improves nervous system, exfoliates skin and clogged pores, helps getting a sound sleep, removes dandruff, helps combat acne, relieve constipation, and detoxes the liver can boosting traction for epsom salt that can catalyse the market.
Key Players
STENDERS (Latvia), Giles Chemical (US), Kneipp GmbH (Germany), Dadakarides Salt SA (Greece), Shiseido Company Limited (Japan), L'Occitane International SA (Switzerland), Kao Corporation (Japan), Unilever PLC (UK), Parfums De Coeur, Ltd (US), Bathclin Corporation (Japan), CVS Pharmacy (US), San Francisco Salt Company (US), K+ S Kali Gmbh (Germany), Baymag Inc. (Canada), and SaltWorks, Inc. (US) are some reputed players that are operating in the global Epsom Salt Market Analysis that are recognized by MRFR.
Market Segmentation:
The segment study of the global market is done by application, and form. The form-based segments of the global Epsom Salt Market Analysis are granules, form, powder, and crystal. The application based segments of the global market are agriculture, food & beverages, pharmaceuticals, and personal care among others.
The rise in consumer health awareness across the globe can boost the need for Epsom salts that offer promising healing benefit for various ailments can support the market rise. Constipation is a common problem that can get ridded of using Epsom salts. Thus, its manufacturers are advertising the product to targeting constipation patients to sell it as a laxative agent, creating the growth scopes. This can support expansion of the market through the review period. The introduction of new players in the market that focus on sales of hydrous Epsom salts that is in high demand can also favor the market rise. The increase in utility of pharmaceutical grade epsom salt for liver detoxification can also favor the market. In addition, surge in need for technical grade Epsom salts for gardening and agriculture solutions can also promote the market.
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Regional Analysis
In Asia Pacific, the Epsom Salt Market Analysis can thrive in the foreseeable future. The regional expansion of the market can be attributed to high demand for Epsom salt by its end-consumers, such as home care, personal care, agriculture, and pharmaceutical. The rise in application of Epsom salt in salon and spa can promote APAC Epsom Salt Market Analysis through the assessment period.
In North America, the market can rise at the highest CAGR in the analysis period. Causes, such as surge in health and beauty consciousness among populace, rise in awareness about medicinal effects, and increase in use of Epsom salt as personal care solutions can drive the regional market. In addition, SaltWorks, Inc., San Francisco Salt Company, and Baymag Inc. are some reputed suppliers of Epsom salt that offer varieties of solutions, thus can fuel North America market.
NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.