Magnesium Citrate Market to Grow at 3.6% of CAGR and will Reach 47 Million US$ by 2024 | Forecast Report
Apr 3, 2019
Global Magnesium Citrate Market 2019 Industry Research Report provides important statistics, analytical and comparative data to give a complete understanding of the market Size, Share, Growth, Rising Trends, Sales Revenue, Sales Volume, Price, Cost Structure and Cost Market Magnesium Citrate analysis 2024.
April 3, 2019 /MarketersMedia/ —
Magnesium Citrate Market studies 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 used medicinally as a saline laxative and to completely empty the bowel prior to a major surgery or colonoscopy.
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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.
Global Magnesium Citrate Market is spread across 121 pages, profiling 10 top companies and supported with tables and figures.
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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.
The worldwide market for Magnesium Citrate is expected to grow at a CAGR of roughly 3.6% over the next five years, will reach 47 million US$ in 2024, from 40 million US$ in 2019, according to a new study.
This report focuses on the Magnesium Citrate in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Magnesium Citrate Industry Segment by Manufacturers:
• Jungbunzlauer
• Global Calcium
• Gadot Biochemical Industries
• Sucroal
• Dr. Paul Lohmann
• Penglai Marine
• Dongtai Food Ingredients
• Yunbo Chemical
• Xiyang Chemical
• Hengheng Fine Chemical
Market Segment by Type covers:
• Anhydrous Type
• Nonahydrate Type
• Other
Market Segment by Applications can be divided into:
• Nutrient Supplement
• Food & Beverage Industry
• Pharmaceutical Industry
• Others
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There are 15 Chapters to deeply display the Global Magnesium Citrate Market.
Chapter 1: Describe Magnesium Citrate Introduction, product scope, market overview, market opportunities, market risk, and market driving force.
Chapter 2: Analyze the top manufacturers of Magnesium Citrate, with sales, revenue, and price of Magnesium Citrate, in 2015 and 2017.
Chapter 3: Display the competitive situation among the top manufacturers, with sales, revenue and market share in 2015 and 2017.
Chapter 4: Show the global market by regions, with sales, revenue and market share of Magnesium Citrate, for each region, from 2011 to 2017.
Chapter 5, 6, 7, 8 and 9: Analyze and talked about the key regions, with sales, revenue and market share by key countries in these regions.
Chapter 10 and 11: Show the market by type and application, with sales market share and growth rate by type, application, from 2011 to 2017.
Chapter 12: In Chapter Eleven Magnesium Citrate market forecast, by regions, type and application, with sales and revenue, from 2017 to 2024.
Chapter 13, 14 and 15: Describe Magnesium Citrate sales channel, distributors, traders, dealers, appendix and data source.
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