Epsom Salt Industry Global Insights and Research Reports to 2024
Epsom salt is regarded as organic fertilizer which is added to the soil or applied to the plants as a foliar spray. Epsom salt (Magnesium sulphate) is used as a fertilizer in diverse set of applications including agriculture fields, livestock breeding, forestry and soilless culture with its major use in rubber tree, oil palm, tobacco plant, orange and tangerine plant & grasslands. It promotes the healthier growth of plants, relieve magnesium deficiency in soil found during intensive cropping and offer plant nutrient solutions. This will stimulate the demand of Epsom salt in agriculture sector to stimulate and promote plant growth, development and productivity.
The Global Epsom Salt Industry is mainly occupied by some key manufacturers. The competitive environment in this Industry is expected to increase with an increase in product portfolio from current key players. Most of the companies operating in this Industry are focusing on expanding its operations across the geographies, augmenting its capabilities and investing in research and development to offer products with better functionality.
Competitive Analysis-
This report includes a study of strategies used in the Industry, mergers and acquisitions in Epsom salt, multiple product launch by Epsom salt Industry 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.)
- Baymag Inc. (Canada)
- K+ S Kali Gmbh (Germany)
Access Report Details @ https://www.Industryresearchfuture.com/reports/epsom-salt-Industry-2979
Industry Forecast
Magnesium and sulphate are two major component of Epsom salt and considered as healing minerals. Magnesium helps in regulating the enzyme activity and performs a significant role in orchestrating many bodily functions ranging from muscle control and electrical impulses to energy production and the removal of harmful toxins. However, sulphate plays a vital role in biological processes such as formation of proteins in joints, formation of brain tissue, detoxifying drugs & environmental contaminants, and helps in cascading the digestive enzymes released from the pancreas. Use of Epsom salt is considered as cost-effective measures to mitigate the risk of acute and chronic health problems.
These factors will play a key role in the growth of Epsom salt Industry at the CAGR of 4.53% during 2017-2027.
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