According to a new study by Fact.MR, a market research and competitive intelligence provider, the global Epsom Salt market stands at US$ 4.53 billion in 2023. Worldwide demand for epsom salt is forecasted to reach a market value of US$ 7.7 billion by the end of 2033, increasing at a CAGR of 5.4% over the decade.

Epsom salt, commonly known as bath salt, is a polyatomic ionic substance produced through the combination of magnesium carbonate and sulfuric acid. On the dissolution of magnesium carbonate in sulfuric acid, a reaction takes place resulting in the formation of magnesium sulfate heptahydrate, which is widely recognized as pure epsom salt. This compound consists of magnesium sulfate molecules with an attachment of seven water molecules.

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Key Takeaways from Market Study:

• The global Epsom salt market is valued at US$ 4.53 billion in 2023.
• Worldwide demand for Epsom salt is projected to rise at a CAGR of 5.4% over the forecast period (2023 to 2033).
• The market is expected to reach US$ 7.7 billion by the end of 2033.
• Demand for Epsom salt in Europe is predicted to increase at a CAGR of 4.4% over the projected period.
• Over the decade, sales of Epsom salt in China are predicted to advance at 7.5% CAGR.

“The Epsom salt market is expected to grow steadily due to increasing demand for natural and holistic products. Extensive use of Epsom salt in the agriculture, personal care, food & beverage, and pharmaceutical industries is contributing to its increasing sales,” says a Fact.MR analyst.

Driving Factors:

The Beneficial Influence of Epsom Salt on Stress Reduction, General Well-being, and Agricultural Growth Advancing Sales:

Epsom salt boasts a versatile range of applications, both internally and externally, demonstrating its value in the realms of health and agriculture. Internally, it functions as a mild laxative to alleviate constipation and liver purification. Externally, it serves as a potent stress reducer, supports bone health, enhances cardiovascular and neurological well-being, purifies the skin, combats acne, controls oily hair, and eliminates dandruff.

Immersing oneself in an Epsom salt bath elevates magnesium levels within the body, thereby regulating enzyme activity, optimizing muscle and nerve function, reducing inflammation, eliminating toxins, and sustaining a healthy cardiovascular and circulatory system.

Surging Demand for Technical-Grade Epsom Salt in Agriculture and Horticulture:

Epsom salt has found widespread use as a fertilizer across various agricultural applications, encompassing rubber trees, oil palms, tobacco plants, citrus crops, meadows, livestock husbandry, forestry, and soilless cultivation. Its pivotal role in fostering robust plant growth, rectifying magnesium deficiencies in the soil, and supplying essential nutrients to plants results in heightened growth, development, and increased yields. Consequently, there is a projected surge in the demand for technical-grade Epsom salt in the agricultural and horticultural sectors.

The increasing global awareness of consumer health is anticipated to propel the demand for micronized Epsom salt, which is harnessed in the treatment of various health conditions.

Competitive landscape:

The global Epsom Salt Market is fairly fragmented, with several important players competing at both the global and regional levels. Development of products and partnership agreements are being pursued by key players to extend their product ranges and achieve a strong foothold in the global market. The market is competitive, with the presence of established players and potential new entrants. Intense competition among manufacturers and suppliers can affect market share, pricing, and profit margins.

• B.Braun Medical Inc., which specializes in infusion therapies and the treatment of pain, launched a line of ready-to-use injectable medication products containing magnesium sulfate in December 2021. To assure a consistent supply of this critical medicine for preventing and managing seizures associated with preeclampsia and eclampsia, the business decided to produce these products in Irvine, California.

Key Companies Profiled:

• Dadakarides Salt SA
• SaltWorks, Inc.
• Giles Chemical
• Unilever PLC
• Kao Corporation
• CVS Pharmacy
• Baymag Inc.
• STANDERS
• Bataclan Corporation

Key Segments of Epsom Salt Industry Research:

·         By Form :

• Powder
• Granules
• Crystals

·         By Grade :

• FCC Grade
• Pharmaceutical Grade
• Technical Grade

·         By Application :

• Food & Beverages
• Agriculture
• Personal Care
• Pharmaceuticals

·         By Distribution Channel :

• Store-based Retailing
• Supermarkets
• Pharmaceutical & Drug Stores
• Specialty Stores

·         By Region :

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

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Questionnaire answered in the Market outlook Report of Epsom Salt include:

• What is the key strategy deployed by large players to maximize Epsom Salt Market growth?
• What are the main challenges faced by players in the Epsom Salt market Demand?
• With the advent of technological advancement, how will the Epsom Salt market landscape change over the forecast period?
• What does player bring to the table which is unique as a strategy, and is easy to emulate for new investors in the Epsom Salt market size?

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