Magnesium Citrate Market
Magnesium Citrate Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Magnesium Citrate Market Size and Growth
The Magnesium Citrate market is experiencing steady growth, driven by increased demand in dietary supplements and pharmaceuticals. As of 2023, the market size is estimated to reach approximately USD 1.2 billion, with a CAGR of around 6% projected over the next five years, reflecting rising health awareness among consumers.
Companies Covered
(Covid 19 Impact Covered)
◍ Jungbunzlauer
◍ Global Calcium
◍ Gadot Biochemical Industries
◍ Sucroal
◍ Dr. Paul Lohmann
◍ Penglai Marine
◍ Dongtai Food Ingredients
◍ Yunbo Chemical
◍ Xiyang Chemical
◍ Hengheng Fine Chemical
The Magnesium Citrate Market features key players like Jungbunzlauer, Global Calcium, and Gadot Biochemical, each driving growth through innovative applications in food, pharmaceuticals, and dietary supplements. They enhance product offerings, optimize supply chains, and expand distribution, contributing to market expansion. Revenue figures for select companies showcase financial performance.
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Market Segmentation
By Application
Nutrient Supplement
Food & Beverage Industry ◍ Pharmaceutical Industry
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By Product
Anhydrous Type
Nonahydrate Type
Market Growth
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$ X Billion USD
