North America Epsom Salt Market Scenario:
North America Epsom salt market is estimated to grow at the CAGR of 4.39% during the forecast period of 2017 -2027. Epsom salt is used as a component in the cosmetic & personal care products which in turn accelerates the sales of Epsom salt during the forecast period. The growing population, along with strong demand for high quality food, has resulted in increased pressure on farmers to enhance the quality of their agricultural products. Epsom salt is a major component in the fertilizers. So, these factors are anticipated to boost the sales of Epsom salt during the forecast period.
Epsom salt is a mineral compound of magnesium and sulfate. Epsom salt is composed of tiny and colorless crystals. Epsom salts is best recognized as an element of bath salts and Epsom salts offers wide range of application. Epsom salt is a material which can be used at multiple areas such as gardening, agriculture process, healthcare, home remedies, cosmetics and others.
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These all multiple uses have made the Epsom salt market to acquire the highest growth. Now a days the use of Epsom salt in agriculture and in for gardening purpose has increased and hence the demand from the agriculture segment has increased in recent years.
Due to various natural calamities such as forest fire, drought and other due to which the agricultural land is degrading, and thus output from agricultural lands are not up to the mark. However, Epsom salt can play a very important role to increase the per hectare production. So thus, creating a huge opportunity for key players.
The North America Epsom Salt Market is segmented into U.S., Canada, and Mexico. U.S. is estimated to account maximum market proportion over the forecast period of 2017 -2027. Due to the increasing growth of pharmaceutical and food industry, the demand for Epsom salt has increased in U.S.
Also, U.S. is key exporter of fertilizer which can make a positive impact on the consumption of Epsom salt during the forecast period. However, Canada is estimated to register maximum CAGR of 5.04% during the forecast period.
This report includes a study of strategies used in the market, mergers and acquisitions, multiple product launch by Epsom salt market players. It further includes product portfolios and developments of leading major players which includes
- Bathclin (Japan)
- Parfums De Coeur, Ltd (U.S.)
- CVS Pharmacy (U.S.)
- San Francisco Salt Company (U.S.)
- SaltWorks, Inc. (U.S.)
- Morton Salt Company (U.S.)
- Baymag Inc. (Canada)
The market players have increased their level of investment in research to identify right formulation and to improve product formulations in order to capture maximum share and create brand recognition in Epsom salt market. Key players are also investing in new product development such as personal care products, cosmetics and others. The North America Epsom salt market is segmented based on form type, application, distribution channel and country of Epsom salt.
Epsom salt market has been segmented based on form such as granules, powder, crystal and bath bombs.
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Some Important Table of Contents
1 Executive Summary
2 Market Introduction
2.2 Scope of The Study
2.2.1 Research Objectives
2.3 Markets Structure
3 Research Methodology
3.1 Research Application
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
3.5 Market Size Estimation
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