DUBAI, U.A.E, Sept. 10, 2020
DUBAI, U.A.E, Sept. 10, 2020 /PRNewswire/ -- According to a new market study by Future Market Insights (FMI), the global magnesium sulphate market is forecasted to witness healthy growth in terms of value between 2019 and 2029.
The report attributes the growth of the market to the growing adoption of magnesium sulphate as a nutrient supplement, firming agent, flavor enhancer, and processing aid across pharmaceutical, food, and agriculture sectors. Along similar lines, the nutraceutical sector is expected to emerge as a substantial end-use sector in the years to come.
Owing to rising health consciousness among consumers worldwide, the sales of nutraceuticals are sprouting year-on-year, thereby necessitating higher production volume. On this premise, magnesium sulphate is gaining remarkable traction in the production of nutraceuticals due to its nutritional composition that offers numerous health benefits.
Consumption of magnesium aids in regulating nerve and muscle function, blood pressure, sugar levels, and creation of bone, protein and DNA. Moreover, deficiency of magnesium leads to several chronic conditions including tremors and muscle spans. On the back of these facets, magnesium is finding significant adoption in the nutraceutical industry, which will continue to drive sales.
Download a Sample Report with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-12415
"Market players are directing their efforts towards emerging economies such as India, Brazil, and China, owing to the concentration of agricultural production coupled with the presence of a flourishing pharmaceutical industry", remarks FMI analyst.
Magnesium Sulphate Market - Key Takeaways
Magnesium Sulphate Market - Key Trends
Magnesium Sulphate Market - Regional Analysis
For any Queries Linked with the Report, Ask an Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-12415
Magnesium Sulphate Market - Competitive Landscape
Some of the key players operating in the market include K+S Aktiengesellschaft, PQ Corporation, Zibo Jinxing Chemical Co. Ltd., Giles Chemical, Rech Chemical Co., Mag Products India Private Limited, Mani Agro Chemical Pvt. Ltd., PERSIA PAYA MADAN, ZIBO JINXING CHEMICAL CO LTD., and Laizhou Guangcheng Chemical Co. Market players are focusing on upscaling their functional capacities through partnerships. On these lines, in 2019, three organizations namely K+S, MFS Africa, and Akorion entered into a tripartite agreement to promote breakthroughs in agriculture technology.
Magnesium Sulphate Market - Taxonomy
Contact Sales for Further Assistance in Purchasing this Report@ https://www.futuremarketinsights.com/checkout/12415
Get Valuable Insights into the Magnesium Sulphate Market
Future Market Insights, in its new offering, provides an unbiased analysis of the global magnesium sulphate market, presenting historical demand data and forecast statistics for the period from 2020-2030. The study divulges compelling insights on the magnesium sulphate market, allowing readers to glean qualitative and quantitative information which will enable them to make informed market decisions in the upcoming forecast period.
Explore Extensive Coverage on FMI's Chemicals & Materials Landscape
Precipitated Barium Sulphate Market: The precipitated barium sulphate market is anticipated to surpass an impressive revenue threshold by the end of the forecast period ranging from 2020 to 2030, concludes FMI's recently published research report on the market.
Reactive Diluents Market: FMI's compelling study on the reactive diluents market sheds light on the prominent dynamics influencing the growth trajectory for the upcoming forecast period 2020-2030 through detailed segmental and regional analyses.
Hydroxyapatite Market: The hydroxyapatite market report offers a 360-degree analysis, bringing to the fore insights that can help stakeholders identify key challenges and opportunities across the upcoming decade's growth trajectory.
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Mr. Abhishek Budholiya
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: email@example.com
For Media Enquiries: firstname.lastname@example.org
Press Release Source: https://www.futuremarketinsights.com/press-release/magnesium-sulphate-market