South Korea Food Grade Epsom Salt Market was valued at USD 0.1 Billion in 2022 and is projected to reach USD 0.18 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
The South Korea Food Grade Epsom Salt market has been experiencing a steady rise in demand due to the increasing popularity of health and wellness products. With its wide range of applications, from agricultural use to personal care products, the market has become a significant player in the country’s growing wellness industry. Food grade Epsom salt is highly sought after for its purity and suitability for consumption or external use in various products, from supplements to bath salts. This demand stems from both the increasing consumer awareness of the product's benefits and the adoption of Epsom salt by diverse industries.
One of the main drivers of the Food Grade Epsom Salt market in South Korea is the growing trend in the health and beauty sector. As more people are becoming aware of the therapeutic properties of magnesium, a key component in Epsom salt, the market has seen increased usage in wellness treatments. This includes its application in detoxifying baths, skin care products, and as a supplement for magnesium deficiency. With the surge in wellness trends, South Korea has seen an expansion of personal care brands incorporating food grade Epsom salt into their product lines, offering consumers a natural alternative for their health needs.
In addition to the health and beauty industry, agriculture has also played a vital role in the growth of this market. Epsom salt is used as a natural fertilizer, especially for crops requiring high magnesium content for better growth. Farmers in South Korea have embraced its use to improve soil quality, leading to better crop yields and enhanced plant health. The demand from the agricultural industry is expected to increase as sustainable farming practices gain popularity, which further drives the South Korea Food Grade Epsom Salt market forward.
The demand for food grade Epsom salt also extends to the food industry, where it is utilized as a food additive in various processed foods. The use of Epsom salt in food products is a growing trend, with manufacturers looking for ways to improve product texture and flavor. The versatility of food grade Epsom salt, coupled with its growing reputation as a health supplement, makes it a valuable ingredient for the food and beverage sector in South Korea.
Industries in South Korea are also placing higher demands on the quality and purity of food grade Epsom salt. With stricter regulations on food safety and product standards, there is a growing need for manufacturers to source high-quality, contaminant-free Epsom salt. This has pushed suppliers to meet more rigorous testing and certification standards, ensuring the product's safety for consumption and use in other industry applications.
As South Korea continues to embrace a more health-conscious culture, the demand for Food Grade Epsom Salt is expected to grow across multiple sectors, including personal care, agriculture, and food processing. The market's expansion is driven not only by increased awareness and adoption of wellness trends but also by the evolving needs of various industries that recognize the numerous benefits of this versatile product.
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Giles
PQ Corporation
Aldeon
UMAI CHEMICAL
Mani Agro Chem
Gee Gee Kay
Haifa
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Sinomagchem
Laiyu Chemical
Laizhou Kangxin
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Food Grade Epsom Salt Market
Food Grade Epsom Salt Flakes
Food Grade Epsom Salt Granules
Food Grade Epsom Salt Powder
Food Industry
Pharmaceutical Industry
Cosmetic & Personal Care Industry
Agriculture & Horticulture
Manufacturers
Retailers
Consumers
Online Retail
Supermarkets/Hypermarkets
Specialty Stores
Direct Sales
Powdered Form
Crystal Form
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Food Grade Epsom Salt Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Food Grade Epsom Salt Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Food Grade Epsom Salt Market, By Type
6. South Korea Food Grade Epsom Salt Market, By Application
7. South Korea Food Grade Epsom Salt Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Food Grade Epsom Salt Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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