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Magnesium Stearate Market: By Type, By Application, By End User and Region Forecast 2021-2032
Magnesium Stearate Market: By Type, By Application, By End User and Region Forecast 2021-2032
Report ID:38070
Published Date:Sep 2025
No of Pages:210
Format:
Magnesium Stearate Market size was valued at US$ 1,709.8 million in 2025 and is expected to reach US$ 2,470.7 million by 2032, growing at a significant CAGR of 5.4% from 2026-2032. Increasing use in the production of dietary botanical dietary supplements, growing use of magnesium stearate as fillers & binders and lubricants, augmented investment from key market participants, growing health consciousness among people across the world together with increasing disposable income and high demand for magnesium stearate in baby products and pharmaceuticals are some key factors fueling the market growth. However, factors such as fluctuating raw material prices and varying government regulations in various countries are restricting the market growth. Chemical characteristics of the substance include insolubility, softness, and low toxicity.
Multiple end-use sectors' increasing demand for magnesium stearate is spurring market expansion. For example, it is widely utilised in the pharmaceutical sector to create dietary supplements, powders, and capsules. It has uses in a variety of food products, including baked goods and confections, among others.The report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global magnesium stearate market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).
Study Period
2026-2032Base Year
2025CAGR
5.4%Largest Market
EuropeFastest Growing Market
Asia-Pacific
Magnesium stearate is a fine white power that sticks to skin and is greasy to the touch. Magnesium stearate is commonly added to many baby product and pharmaceuticals. Stearate salts are used mainly in the formulation of makeup products such as eyeliner, eyeshadow, mascara, lipsticks, blushers, face powders and foundations. They are also used in fragrances, deodorants, and hair and skin care products. Magnesium stearate is widely used in the production of dietary supplement and pharmaceutical tablets, capsules and powders. In medications and vitamins, its primary purpose is to act as a lubricant. Magnesium stearate increases the time it takes for tablets and capsules to dissolve due to the film it forms on capsule or tablet ingredients. Magnesium stearate coats a good portion of the molecules in a tablet or capsule, requiring digestive enzymes to break down the magnesium stearate coating before being able to access the nutrients it envelops.
Asia Pacific accounted for larger revenue share in global magnesium stearate market with a CAGR of XX% and is expected to grow over the forecast years. The growth in this region is due to flourishing pharmaceutical industry, demand for generic drugs and growth of medical industry. China is the major contributor for the growth of the market in the region. In addition, Europe held substantial market share during estimated period as the region is experiencing growth in pharmaceutical industry.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2026-2032 |
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Market CAGR |
5.4% |
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By Type |
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By Application |
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By End User |
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By Region |
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The magnesium stearate market size was valued at US$ 1,709.8 million in 2025 and is expected to reach US$ 2,470.7 million by 2032, growing at a significant CAGR of 5.4% from 2026-2032.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
Content Updated Date: Feb 2026
| 1.Executive Summary |
| 2.Global Magnesium Stearate Market Introduction |
| 2.1.Global Magnesium Stearate Market - Taxonomy |
| 2.2.Global Magnesium Stearate Market - Definitions |
| 2.2.1.Type |
| 2.2.2.Application |
| 2.2.3.End User |
| 2.2.4.Region |
| 3.Global Magnesium Stearate Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Magnesium Stearate Market Analysis, 2021 - 2025 and Forecast 2026- 2032 |
| 4.1. Market Analysis, 2021 - 2025 and Forecast, 2026- 2032, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Magnesium Stearate Market By Type , 2021 - 2025 and Forecast 2026- 2032 (Sales Value USD Million) |
| 5.1. Cosmetics Grade Magnesium Stearate |
| 5.1.1. Market Analysis, 2021 - 2025 and Forecast, 2026- 2032, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Food Grade Magnesium Stearate |
| 5.2.1. Market Analysis, 2021 - 2025 and Forecast, 2026- 2032, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Pharmaceutical Grade Magnesium Stearate |
| 5.3.1. Market Analysis, 2021 - 2025 and Forecast, 2026- 2032, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6.Global Magnesium Stearate Market By Application, 2021 - 2025 and Forecast 2026- 2032 (Sales Value USD Million) |
| 6.1. Food additive |
| 6.1.1. Market Analysis, 2021 - 2025 and Forecast, 2026- 2032, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Powder & tablet lubricant |
| 6.2.1. Market Analysis, 2021 - 2025 and Forecast, 2026- 2032, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Binders & Fillers |
| 6.3.1. Market Analysis, 2021 - 2025 and Forecast, 2026- 2032, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 7.Global Magnesium Stearate Market By End User, 2021 - 2025 and Forecast 2026- 2032 (Sales Value USD Million) |
| 7.1. Plastic industry |
| 7.1.1. Market Analysis, 2021 - 2025 and Forecast, 2026- 2032, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Personal care industry |
| 7.2.1. Market Analysis, 2021 - 2025 and Forecast, 2026- 2032, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Food manufacturers |
| 7.3.1. Market Analysis, 2021 - 2025 and Forecast, 2026- 2032, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Paint industry |
| 7.4.1. Market Analysis, 2021 - 2025 and Forecast, 2026- 2032, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Pharmaceutical manufacturers |
| 7.5.1. Market Analysis, 2021 - 2025 and Forecast, 2026- 2032, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.Global Magnesium Stearate Market By Region, 2021 - 2025 and Forecast 2026- 2032 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2021 - 2025 and Forecast, 2026- 2032, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2021 - 2025 and Forecast, 2026- 2032, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2021 - 2025 and Forecast, 2026- 2032, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2021 - 2025 and Forecast, 2026- 2032, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2021 - 2025 and Forecast, 2026- 2032, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America Magnesium Stearate Market ,2021 - 2025 and Forecast 2026- 2032 (Sales Value USD Million) |
| 9.1. Type Analysis 2021 - 2025 and Forecast 2026- 2032 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Cosmetics Grade Magnesium Stearate |
| 9.1.2.Food Grade Magnesium Stearate |
| 9.1.3.Pharmaceutical Grade Magnesium Stearate |
| 9.2. Application Analysis 2021 - 2025 and Forecast 2026- 2032 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Food additive |
| 9.2.2.Powder & tablet lubricant |
| 9.2.3.Binders & Fillers |
| 9.3. End User Analysis 2021 - 2025 and Forecast 2026- 2032 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Plastic industry |
| 9.3.2.Personal care industry |
| 9.3.3.Food manufacturers |
| 9.3.4.Paint industry |
| 9.3.5.Pharmaceutical manufacturers |
| 9.4. Country Analysis 2021 - 2025 and Forecast 2026- 2032 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe Magnesium Stearate Market ,2021 - 2025 and Forecast 2026- 2032 (Sales Value USD Million) |
| 10.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Cosmetics Grade Magnesium Stearate |
| 10.1.2.Food Grade Magnesium Stearate |
| 10.1.3.Pharmaceutical Grade Magnesium Stearate |
| 10.2. Application Analysis 2021 - 2025 and Forecast 2026- 2032 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Food additive |
| 10.2.2.Powder & tablet lubricant |
| 10.2.3.Binders & Fillers |
| 10.3. End User Analysis 2021 - 2025 and Forecast 2026- 2032 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Plastic industry |
| 10.3.2.Personal care industry |
| 10.3.3.Food manufacturers |
| 10.3.4.Paint industry |
| 10.3.5.Pharmaceutical manufacturers |
| 10.4. Country Analysis 2021 - 2025 and Forecast 2026- 2032 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 11.Asia Pacific (APAC) Magnesium Stearate Market ,2021 - 2025 and Forecast 2026- 2032 (Sales Value USD Million) |
| 11.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Cosmetics Grade Magnesium Stearate |
| 11.1.2.Food Grade Magnesium Stearate |
| 11.1.3.Pharmaceutical Grade Magnesium Stearate |
| 11.2. Application Analysis 2021 - 2025 and Forecast 2026- 2032 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Food additive |
| 11.2.2.Powder & tablet lubricant |
| 11.2.3.Binders & Fillers |
| 11.3. End User Analysis 2021 - 2025 and Forecast 2026- 2032 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Plastic industry |
| 11.3.2.Personal care industry |
| 11.3.3.Food manufacturers |
| 11.3.4.Paint industry |
| 11.3.5.Pharmaceutical manufacturers |
| 11.4. Country Analysis 2021 - 2025 and Forecast 2026- 2032 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) Magnesium Stearate Market ,2021 - 2025 and Forecast 2026- 2032 (Sales Value USD Million) |
| 12.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Cosmetics Grade Magnesium Stearate |
| 12.1.2.Food Grade Magnesium Stearate |
| 12.1.3.Pharmaceutical Grade Magnesium Stearate |
| 12.2. Application Analysis 2021 - 2025 and Forecast 2026- 2032 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Food additive |
| 12.2.2.Powder & tablet lubricant |
| 12.2.3.Binders & Fillers |
| 12.3. End User Analysis 2021 - 2025 and Forecast 2026- 2032 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Plastic industry |
| 12.3.2.Personal care industry |
| 12.3.3.Food manufacturers |
| 12.3.4.Paint industry |
| 12.3.5.Pharmaceutical manufacturers |
| 12.4. Country Analysis 2021 - 2025 and Forecast 2026- 2032 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Magnesium Stearate Market ,2021 - 2025 and Forecast 2026- 2032 (Sales Value USD Million) |
| 13.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Cosmetics Grade Magnesium Stearate |
| 13.1.2.Food Grade Magnesium Stearate |
| 13.1.3.Pharmaceutical Grade Magnesium Stearate |
| 13.2. Application Analysis 2021 - 2025 and Forecast 2026- 2032 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Food additive |
| 13.2.2.Powder & tablet lubricant |
| 13.2.3.Binders & Fillers |
| 13.3. End User Analysis 2021 - 2025 and Forecast 2026- 2032 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Plastic industry |
| 13.3.2.Personal care industry |
| 13.3.3.Food manufacturers |
| 13.3.4.Paint industry |
| 13.3.5.Pharmaceutical manufacturers |
| 13.4. Country Analysis 2021 - 2025 and Forecast 2026- 2032 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Baerlocher GmbH |
| 14.2.2.FACI SPA |
| 14.2.3.James M. Brown Ltd. |
| 14.2.4.Kirsch Pharma GmbH |
| 14.2.5.NB Entrepreneurs |
| 14.2.6.Nimbasia |
| 14.2.7.Norac Additives, LLC |
| 14.2.8.Parchem Fine & Specialty Chemicals |
| 14.2.9.PT Halim Sakti Pratama |
| 14.2.10.Valtris Specialty Chemicals |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.