- Cosmetics Grade Magnesium Stearate
- Food Grade Magnesium Stearate
- Pharmaceutical Grade Magnesium Stearate
Magnesium Stearate Market size was valued at USD 1,460.2 million in 2022 and is poised to grow at a CAGR of 5.4% from 2023-2029. 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).
Global Magnesium Stearate Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
5.4%
Largest Market
Europe
Fastest Growing Market
Asia-Pacific
Magnesium Stearate Market Dynamics
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 got significant share
Magnesium Stearate Market Regional Analysis
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
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
- The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Global Magnesium Stearate Market Segmentation
By Type
By Application
- Food additive
- Powder & tablet lubricant
- Binders & Fillers
By End User
- Plastic industry
- Personal care industry
- Food manufacturers
- Paint industry
- Pharmaceutical manufacturers
Frequently Asked Questions
2022 is the base year and 2029 is the forecast year.
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.
Table of Content
- Executive Summary
- Global Magnesium Stearates Market Introduction
- Global Magnesium Stearates Market Taxonomy
- Global Magnesium Stearates Market Definitions
- Type
- Application
- End User
- Global Magnesium Stearates Market Dynamics
- Drivers
- Restraints
- Opportunities/Unmet Needs of the Market
- Trends
- Global Magnesium Stearates Market Dynamic Factors - Impact Analysis
- Global Magnesium Stearates Market Competition Landscape
- Global Magnesium Stearates Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn),
- Year-over-Year (Y-o-Y) Growth Analysis (%)
- Market Opportunity Analysis
- Global Magnesium Stearates Market, By Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn),
- Cosmetics Grade Magnesium Stearate
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn),
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Food Grade Magnesium Stearate
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn),
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Pharmaceutical Grade Magnesium Stearate
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn),
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Cosmetics Grade Magnesium Stearate
- Global Magnesium Stearates Market Forecast, By Application, 2018 - 2022 and Forecast, 2023 - 2029
- Food additive
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn),
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Powder & tablet lubricant
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn),
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Binders & Fillers
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn),
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Food additive
- Global Magnesium Stearates Market Forecast, By End User, 2018 - 2022 and Forecast, 2023 - 2029
- Plastic industry
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn),
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Personal care industry
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn),
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Food manufacturers
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn),
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Paint industry
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn),
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Pharmaceutical manufacturers
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn),
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Plastic industry
8. Global Magnesium Stearates Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn),
-
- North America
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn),
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Europe
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn),
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Asia-Pacific
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn),
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Latin America
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn),
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Middle East and Africa
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn),
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Global Magnesium Stearates Market - Opportunity Analysis Index, By Type, Application, End User and Region, 2023 - 2029
- North America
- North America Magnesium Stearates Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn),
- Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Cosmetics Grade Magnesium Stearate
- Food Grade Magnesium Stearate
- Pharmaceutical Grade Magnesium Stearate
- Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Food additive
- Powder & tablet lubricant
- Binders & Fillers
- End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Plastic industry
- Personal care industry
- Food manufacturers
- Paint industry
- Pharmaceutical manufacturers
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- US.
- Canada
- North America Magnesium Stearates Market - Opportunity Analysis Index, By Type, Application, End User and Country, 2023 - 2029
- North America Magnesium Stearates Market Dynamics Trends
- Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Europe Magnesium Stearates Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn),
- Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Cosmetics Grade Magnesium Stearate
- Food Grade Magnesium Stearate
- Pharmaceutical Grade Magnesium Stearate
- Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Food additive
- Powder & tablet lubricant
- Binders & Fillers
- End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Plastic industry
- Personal care industry
- Food manufacturers
- Paint industry
- Pharmaceutical manufacturers
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- Germany
- UK
- France
- Spain
- Italy
- Russia
- Poland
- Rest of Europe
- Europe Magnesium Stearates Market - Opportunity Analysis Index, By Type, Application, End User and Country, 2023 - 2029
- Europe Magnesium Stearates Market Dynamics Trends
- Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Asia-Pacific Magnesium Stearates Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn),
- Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Cosmetics Grade Magnesium Stearate
- Food Grade Magnesium Stearate
- Pharmaceutical Grade Magnesium Stearate
- Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Food additive
- Powder & tablet lubricant
- Binders & Fillers
- End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Plastic industry
- Personal care industry
- Food manufacturers
- Paint industry
- Pharmaceutical manufacturers
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- Japan
- China
- India
- ASEAN
- Australia & New Zealand
- Rest of Asia-Pacific
- Asia-Pacific Magnesium Stearates Market - Opportunity Analysis Index, By Type, Application, End User and Country, 2023 - 2029
- Asia-Pacific Magnesium Stearates Market Dynamics Trends
- Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Latin America Magnesium Stearates Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn),
- Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Cosmetics Grade Magnesium Stearate
- Food Grade Magnesium Stearate
- Pharmaceutical Grade Magnesium Stearate
- Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Food additive
- Powder & tablet lubricant
- Binders & Fillers
- End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Plastic industry
- Personal care industry
- Food manufacturers
- Paint industry
- Pharmaceutical manufacturers
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Latin America Magnesium Stearates Market - Opportunity Analysis Index, By Type, Application, End User and Country, 2023 - 2029
- Latin America Magnesium Stearates Market Dynamics Trends
- Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Middle East and Africa Magnesium Stearates Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn),
- Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Cosmetics Grade Magnesium Stearate
- Food Grade Magnesium Stearate
- Pharmaceutical Grade Magnesium Stearate
- Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Food additive
- Powder & tablet lubricant
- Binders & Fillers
- End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Plastic industry
- Personal care industry
- Food manufacturers
- Paint industry
- Pharmaceutical manufacturers
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- Gulf Cooperation Council (GCC) Countries
- Israel
- South Africa
- Rest of MEA
- MEA Magnesium Stearates Market - Opportunity Analysis Index, By Type, Application, End User and Country, 2023 - 2029
- MEA Magnesium Stearates Market Dynamics Trends
- Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Competition Landscape
- Strategic Dashboard of Top Market Players
- Company Profiles (Introduction, Financial Analysis, Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
- Baerlocher GmbH
- FACI SPA
- James M. Brown Ltd.
- Kirsch Pharma GmbH
- NB Entrepreneurs
- Nimbasia
- Norac Additives, LLC
- Parchem Fine & Specialty Chemicals
- PT Halim Sakti Pratama
- Valtris Specialty Chemicals
- Research Methodology
- Key Assumptions and Acronyms
- Baerlocher GmbH
- FACI SPA
- James M. Brown Ltd.
- Kirsch Pharma GmbH
- NB Entrepreneurs
- Nimbasia
- Norac Additives, LLC
- Parchem Fine & Specialty Chemicals
- PT Halim Sakti Pratama
- Valtris Specialty Chemicals