Market Research Future

World Epsom Salt Market Overview, Top Key Players, Segments Analysis and Growth Drivers by Forecast to 2027

Global Epsom Salt Market Segmentation- by Form Type (Granules, Powder, Crystal, Bath Bombs), by Application (Agriculture, Food Additives & Pharmaceutical), Distribution Channel (Store Based, Non-Store Based) and Region - Forecast to 2027

 

Pune, India -- (SBWIRE) -- 12/20/2017 -- Market Overview:
Epsom salt is a mineral compound of magnesium and sulfate. Epsom salt is composed of tiny and colorless crystals. Epsom salts is best recognized as an element of bath salts and Epsom salts offer numerous a wide range of application. Epsom salt is a material which can be used at multiple areas such as gardening, agriculture process, healthcare, home remedies, cosmetics and others.

Magnesium and sulphate are two major component of Epsom salt and considered as healing minerals. Magnesium helps in regulating the enzyme activity and performs a significant role in orchestrating many bodily functions ranging from muscle control and electrical impulses to energy production and the removal of harmful toxins. However, sulphate plays a vital role in biological processes such as formation of proteins in joints, formation of brain tissue, detoxifying drugs & environmental contaminants, and helps in cascading the digestive enzymes released from the pancreas. Use of Epsom salt is considered as cost-effective measures to mitigate the risk of acute and chronic health problems.

The surge in Epsom salt sales globally is attributed to the functional diversity across various application spectrum such as agriculture, personal care & home care products, food processing, medicine and others. A diverse set of applications of Epsom salt clearly reflect the buying behavior of consumers across the globe, who are buying Epsom salt in large quantities. In agriculture, Epsom salt is effective in increasing seed germination, enhancing uptake of other nutrients, and enhancing growth and overall health of crops.

Major Key Players:
This report includes a study of strategies used in the market, mergers and acquisitions in Epsom salt, multiple product launch by Epsom salt market players. It further includes product portfolios and developments of leading major players which includes

- Parfums De Coeur, Ltd (U.S.)
- CVS Pharmacy (U.S.)
- San Francisco Salt Company (U.S.)
- SaltWorks, Inc(U.S.)
- Bathclin (Japan)
- Baymag Inc. (Canada)
- K+ S Kali Gmbh (Germany)

The Global Epsom Salt market is mainly occupied by some key manufacturers. The competitive environment in this market is expected to increase with an increase in product portfolio from current key players. Most of the companies operating in this market are focusing on expanding its operations across the geographies, augmenting its capabilities and investing in research and development to offer products with better functionality.

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Region Analysis
Epsom salt market is segmented into Europe, North America, Asia Pacific and Rest of the World. Among this Asia Pacific has the major market share followed by Europe. Europe is projected to grow at the CAGR of 4.23% during the forecast period. However, Rest of the world is estimated to grow at a maximum CAGR of 4.95% during the forecast period. Latin America and Middle East region is projected to be one of the attractive destination among the Epsom salt manufacturers owing to the massive growth of cosmetic & personal care industry in that particular area. Moreover, the rising disposable income is also considered to be one of the significant reason of the growth of Epsom salt in that particular region. 

Among the form type, crystal segment is anticipated to retain its dominance throughout the forecast period and estimated to account 31.50% by the end of 2027. Bath bombs segment is also projected to grow at a highest CAGR during the forecast period 2016-2027 by registering 5.07%. In terms of application, personal care & home care segment is projected to dominate the Global Epsom salt market, and it is estimated to retain its dominance throughout the forecast period. However, food additives & pharmaceutical segment is projected to grow at a substantial CAGR of 4.77% during the forecast period.

Table of Contents:

1 Report Prologue

2 Introduction

3 Research Methodology

4 Premium Insights

5 Market Dynamics

6 Mega Trends

7   Market Factor Analysis

8 Market Analysis

Continued…..

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List of Tables:

TABLE 1 Forecast Real GDP Growth (PER ANNUM)

TABLE 2 Pestle Analysis: CHINA

TABLE 3 Pestle Analysis: GERMANY

TABLE 4 Pestle Analysis: INDIA

TABLE 5 Pestle Analysis: CANADA

TABLE 6 Pestle Analysis: U.S.

TABLE 7 North America Epsom Salt Market, (2010-2016) Value USD Million

Continued…..