Magnesium Supplements Market
Magnesium Supplements Market Global Industry Assessment & Forecast
#
Pages:
160
2021
Nov - 2021
VMR-2021-0439
Segments Covered
By
Product Type Tablet, Capsule, Others
-
By
Application On-line, Special Store, Pharmacy, Supermarket, Others
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
10123 Million |
 Revenue 2028:
|
19016.36 Million |
 Revenue CAGR
(2021 - 2028): |
8.2 |
Fastest Growing Region (2022 -
2028)
|
Europe |
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Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
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- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
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Product Type Analysis: Preview
On the basis of Product Type, the market is segmented into Tablet, Capsule, Others. Capsule held the highest share in the global Magnesium Supplements market and is projected to witness the same trend during the forecast period.
Application Analysis: Preview
Based on Application, the market is segmented into On-line, Special Store, Pharmacy, Supermarket, Others. On-line accounted for the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.
Analysis: Preview
Based on , the market is segmented into . dominates the global Magnesium Supplements market and is expected to continue the same trend from 2021 to 2028.
Global Magnesium Supplements Market: Product Type Segment Analysis
-
- Tablet
- Capsule
- Others
Global Magnesium Supplements Market: Application Segment Analysis
-
- On-line
- Special Store
- Pharmacy
- Supermarket
- Others
FAQ
Frequently Asked Question
What is the global demand for Magnesium Supplements in terms of revenue?
-
The global Magnesium Supplements valued at 10123 Million in 2020 and is expected to reach 19016.36 Million in 2028 growing at a CAGR of 8.2%.
Which are the prominent players in the market?
-
The prominent players in the market are Natural Vitality, Jigsaw Health, Balchem (Albion Minerals), Now Foods, Balchem / Albion Minerals, Magceutics, Fortitech, Sundown Naturals, Jungbunzlauer, Life Extension, Magceutics Inc..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 8.2% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Magnesium Supplements include
- The increasing awareness of health benefits of the magnesium supplements as well as growth in the clinical research activities are anticipated to augment the growth of the global magnesium supplements market over the forecast period.
- The technologies for improving productivity and formulations of the supplements is projected to further augment the growth of the market over the forecast period.
Which region accounted for the largest share in the market?
-
Europe was the leading regional segment of the Magnesium Supplements in 2020.
