The Global Mineral Salt Ingredients Market Growth Accelerated By Expanding Application In Personal Care Industry

 
Mineral Salt Ingredients Market

Mineral salt ingredients are extensively used in personal care products such as bath and shower products, hair care products, skin care creams owing to their hydrating, exfoliating and cleansing properties. Mineral salts help maintain moisture balance and protect the skin against damage caused by environmental stressors.

The global Mineral Salt Ingredients Market is estimated to be valued at US$ 10.56 Bn in 2023 and is expected to exhibit a CAGR of 5.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.


The growth of the mineral salt ingredients market is majorly driven by the expanding application of mineral salts in the personal care industry. Mineral salts find widespread application in personal care products such as bath and shower gels, face masks, shampoos, and moisturizing creams owing to their hydrating and cleansing properties. Dead sea salt and Epsom salt are commonly used mineral ingredients in various personal care products due to their ability to gently exfoliate and cleanse the skin. The rising demand for naturally derived and multifunctional ingredients from personal care product manufacturers is expected to support the market growth over the forecast period.

Segment Analysis
The global mineral salt ingredients market is segmented by type into minerals and mineral salts. Among these, the minerals sub-segment dominates the market and accounts for the largest share. Minerals play an important role in different end-use industries such as food and beverages, pharmaceuticals, etc. They are an essential source of various micronutrients that help maintain the proper functioning of the human body. Some key minerals include calcium, potassium, sodium, phosphorus, and magnesium which see widespread application across industries. This high demand for minerals from different sectors has been aiding the growth of this sub-segment.


Key Takeaways

The Global Mineral Salt Ingredients Market Size is estimated to be valued at US$ 10.56 billion in 2023 and is expected to exhibit a CAGR of 5.2% over the forecast period 2023-2030.

Regional analysis
Asia Pacific region dominates the global mineral salt ingredients market and is expected to witness the fastest growth over the forecast period. Factors such as increasing demand from the food and beverages industry accompanied by rising health-consciousness among consumers are supporting market growth in this region. Additionally, the presence of developing economies such as China and India offering production and consumption potential is further propelling the market.

Key players
Key players operating in the mineral salt ingredients market are Corbion, Minerals Technologies Inc., Compass Minerals International Inc., Albion Laboratories, Inc., Paul Lohmann GmbH KG, K+S Aktiengesellschaft, Gadot Biochemical Industries Ltd., Arla Foods amba, DuPont, Jungbunzlauer Suisse AG, SEPPIC, and Koninklijke DSM N.V. Corbion dominates the global market and is focused on enhancing its product portfolio to meet evolving end-user demands.

 

Get more insights on this topic:

https://www.marketwebjournal.com/mineral-salt-ingredients-market-size-market-share-analysis/

 

Comments

Post a Comment

Popular posts from this blog

Cellulose Films is the largest segment driving the growth of Cellulose Plastics Market

Image
  Cellulose Plastics Market The global Cellulose Plastics Market is estimated to be valued at US$ 819.69 Mn or Million in 2023 and is expected to exhibit a CAGR of 4.9% over the forecast period 2023 to 2030 , as highlighted in a new report published by Coherent Market Insights. Market Overview: Cellulose plastics are bioplastics made from cellulose, one of the most abundant organic polymer on Earth. They are produced from plant materials like wood and agricultural residues. Cellulose plastics offer advantages like biodegradability, recyclability and sustainability. They are widely used in agriculture films, food packaging and textiles. Market key trends: One of the key trend in the cellulose plastics market is growing demand for biodegradable and sustainable packaging solutions. Rising environmental concerns regarding widespread use of conventional plastics is driving the demand for eco-friendly cellulose plastics. Strict government regulations prohibiting use of single use plast
Read more

Electronic Warfare Market Poised to Witness High Growth Owing to Increasing Usage of EW Systems Across Military and Defense Sectors

Image
Electronic Warfare Market Electronic warfare (EW) systems are used for detecting, deceiving or damaging enemy’s communication and radar systems. It involves deliberate emission or suppression of electromagnetic energy to maintain information dominance. EW systems find wide applications across military, including land, sea, air and space operations for counteracting threats from armed forces of other nations. The need for situational awareness and gaining tactical advantage over opponents has catalyzed demand from armed forces globally. The global electronic warfare market is estimated to be valued at US$ 18.45 Bn in 2024 and is expected to exhibit a CAGR of 5.7% over the forecast period 2024 to 2031.  Key players operating in the electronic warfare market are BAE Systems plc, Elbit Systems Ltd., General Dynamics Corporation, Israel Aerospace Industries Ltd., L3Harris Technologies Inc., Leonardo SpA, Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Technologies Corpor
Read more

Eyewear Market Is Estimated To Witness High Growth Owing To the Growing Demand for Prescription Eyewear

Image
  Eyewear Market The global Eyewear Market is estimated to be valued at US$ 273.4 billion in 2018 and is expected to exhibit a CAGR of 6.0% over the forecast period 2023-2030 , as highlighted in a new report published by Coherent Market Insights. Market Overview: The Eyewear Market includes products such as prescription glasses, contact lenses, and sunglasses. These products offer vision correction and protection from harmful ultraviolet (UV) rays. The increasing prevalence of eye disorders and the growing awareness about the importance of eye health are driving the demand for eyewear products. Furthermore, the rising use of digital devices and exposure to blue light is also contributing to the need for prescription eyewear to reduce eye strain and prevent vision problems. Market Key Trends: One key trend in the Eyewear Market is the increasing demand for fashionable and luxury eyewear. Consumers are not only seeking vision correction but also looking for eyewear that complements
Read more