U.S. Magnesium Stearate Market Size, Share & Trends Analysis Report By Application, By Form (Pharmaceutical, Nutraceutical), And Segment Forecasts, 2022 - 2030
This report can be delivered to the clients within 3 Business Days
U.S. Magnesium Stearate Market Growth & Trends
The U.S magnesium stearate market size is estimated to reach USD 288.31 million by 2030 according to a new report by Grand View Research, Inc. The market is projected to register a CAGR of 4.0% from 2022 to 2030. Growth can be attributed to the increasing demand for the product as a lubricant in pharmaceutical tableting. Also, the rising preference for convenience food and hectic work & life schedules across the country are driving the demand for packaged food. This is predicted to fuel the growth food & beverage industry thereby leading to increased demand for magnesium stearate in the near future.
Magnesium stearate plays a vital role as a lubricant in the manufacturing of pharmaceuticals and nutraceuticals in solid dosage forms. It is a widely used water-insoluble lubricant to reduce friction between manufacturing equipment and organic solids in various pharmaceutical manufacturing processes namely roller compaction, blending, capsule filling, and tablet manufacturing.
The masses in the U.S. are opting for dietary supplements based on the recommendations from health professionals. As the part of the population in the U.S. that is considered baby boomers has aged, manufacturers of dietary supplements are shifting their focus toward offering products to other age groups.
Increasing demand for magnesium stearate from the pharmaceutical sector to manufacture tablets has led to increased competition in the market. To sustain in the competitive environment, manufacturers are engaged in adopting several strategic initiatives including introducing new products and broadening geographical reach.
U.S. Magnesium Stearate Market Report Highlights
U.S. Magnesium Stearate Market Growth & Trends
The U.S magnesium stearate market size is estimated to reach USD 288.31 million by 2030 according to a new report by Grand View Research, Inc. The market is projected to register a CAGR of 4.0% from 2022 to 2030. Growth can be attributed to the increasing demand for the product as a lubricant in pharmaceutical tableting. Also, the rising preference for convenience food and hectic work & life schedules across the country are driving the demand for packaged food. This is predicted to fuel the growth food & beverage industry thereby leading to increased demand for magnesium stearate in the near future.
Magnesium stearate plays a vital role as a lubricant in the manufacturing of pharmaceuticals and nutraceuticals in solid dosage forms. It is a widely used water-insoluble lubricant to reduce friction between manufacturing equipment and organic solids in various pharmaceutical manufacturing processes namely roller compaction, blending, capsule filling, and tablet manufacturing.
The masses in the U.S. are opting for dietary supplements based on the recommendations from health professionals. As the part of the population in the U.S. that is considered baby boomers has aged, manufacturers of dietary supplements are shifting their focus toward offering products to other age groups.
Increasing demand for magnesium stearate from the pharmaceutical sector to manufacture tablets has led to increased competition in the market. To sustain in the competitive environment, manufacturers are engaged in adopting several strategic initiatives including introducing new products and broadening geographical reach.
U.S. Magnesium Stearate Market Report Highlights
- In 2021, pharmaceuticals emerged as the dominant application segment by contributing around 40% of revenue share. This is attributed to the increasing demand for solid dosage forms including capsules and tablets
- The nutraceuticals application segment is anticipated to grow at a CAGR of 3.8% in terms of revenue by 2030, owing to the growing demand for dietary supplements due to the rising consumer inclination towards preventive health care
- The powder form of nutraceuticals was the dominating sub-segment accounting for a revenue share of more than 70% in 2021 due to its high efficacy in improving the flowability of blends and reducing interparticle friction
- The granular form of pharmaceuticals is projected to grow at a CAGR of 4.0% over the predicted years owing to its free-flowing properties
CHAPTER 1 METHODOLOGY AND SCOPE
1.1 Market Segmentation & Scope
1.2 Market Definitions
1.3 Information Procurement
1.3.1 Information Analysis
1.3.2 Market Formulation & Data Visualization
1.3.3 Data Validation & Publishing
1.4 Research Scope And Assumptions
1.4.1 List To Data Sources
CHAPTER 2 EXECUTIVE SUMMARY
2.1 Market Outlook
2.2 Segmental Outlook
2.3 Competitive Insights
CHAPTER 3 MARKET VARIABLES, TRENDS & SCOPE
3.1 Market Lineage Outlook
3.1.1 Global Magnesium Stearate Market Outlook
3.2 Penetration & Growth Prospect Mapping, 2018 - 2030
3.3 Industry Value Chain Analysis
3.3.1 Raw Material Trend Analysis
3.3.2 Manufacturing Trend Analysis
3.3.3 Substitute Products Analysis
3.3.3.1 Advantages Of Substitutes Over Magnesium Stearate
3.3.3.2 List Of End-Users Using Substitute Products
3.3.3.3 List Of Potential End-Users Using Substitute Products
3.3.3.4 Futuristic Growth Opportunities
3.4 Regulatory Framework
3.5 Price Trend Analysis, 2018 - 2030
3.5.1 Factors Influencing Prices
3.6 Impact Of COVID-19 Pandemic
3.7 Market Dynamics
3.7.1 Market Driver Analysis
3.7.1.1 Growing Pharmaceutical And Nutraceutical Industries In The U.S
3.7.2 Market Restraint Analysis
3.7.2.1 Increasing Raw Material Prices
3.7.3 Market Opportunity Analysis
3.7.4 Industry Challenges Analysis
CHAPTER 4 U.S. MAGNESIUM STEARATE MARKET: APPLICATION BY FORM ESTIMATES & TREND ANALYSIS
4.1 Application By Form Movement Analysis & Market Share, 2021 & 2030 (Tons) (USD Thousand)
4.2 U.S. Magnesium Stearate Market Size, Forecasts, And Trend Analysis, By Application By Form, 2018 - 2030 (Tons) (USD Thousand)
4.2.1 Pharmaceutical
4.2.2 Nutraceutical
4.2.3 Others
CHAPTER 5 U.S. MAGNESIUM STEARATE MARKET - COMPETITIVE ANALYSIS
5.1 Recent Development & Impact Analysis, By Key Market Participants
5.2 Competitive Environment
5.3 Company Market Positioning
5.4 Vendor Landscape
5.4.1 List Of Raw Material Suppliers
5.4.2 List Of Manufacturers
5.4.3 List Of Distributors And Channel Partners
5.4.4 List Of Potential End-Users
5.5 Strategic Framework
CHAPTER 6 COMPANY PROFILES
6.1 Mallinckrodt Pharmaceuticals
6.1.1 Company Overview
6.1.2 Financial Performance
6.1.3 Product Benchmarking
6.2 PMC Biogenix, Inc.
6.2.1 Company Overview
6.2.2 Financial Performance
6.2.3 Product Benchmarking
6.3 Barentz
6.3.1 Company Overview
6.3.2 Financial Performance
6.3.3 Product Benchmarking
6.4 DPL-US
6.4.1 Company Overview
6.4.2 Financial Performance
6.4.3 Product Benchmarking
6.5 Acme Hardesty
6.5.1 Company Overview
6.5.2 Financial Performance
6.5.3 Product Benchmarking
6.5.4 Strategic Initiatives
6.6 Valtris Specialty Chemicals
6.6.1 Company Overview
6.6.2 Financial Performance
6.6.3 Product Benchmarking
6.6.4 Strategic Initiatives
6.7 AIE Pharmaceuticals, Inc.
6.7.1 Company Overview
6.7.2 Financial Performance
6.7.3 Product Benchmarking
6.8 Norac Additives LLC
6.8.1 Company Overview
6.8.2 Financial Performance
6.8.3 Product Benchmarking
6.9 Faci S.p.A
6.9.1 Company Overview
6.9.2 Financial Performance
6.9.3 Product Benchmarking
6.9.4 Strategic Initiatives
6.10 Spectrum Chemical Mfg. Corp.
6.10.1 Company Overview
6.10.2 Financial Performance
6.10.3 Product Benchmarking
6.11 James M. Brown Ltd.
6.11.1 Company Profile
6.11.2 Financial Performance
6.11.3 Product Benchmarking
6.12 Parchem Fine & Specialty Chemicals
6.12.1 Company Overview
6.12.2 Financial Performance
6.12.3 Product Benchmarking
1.1 Market Segmentation & Scope
1.2 Market Definitions
1.3 Information Procurement
1.3.1 Information Analysis
1.3.2 Market Formulation & Data Visualization
1.3.3 Data Validation & Publishing
1.4 Research Scope And Assumptions
1.4.1 List To Data Sources
CHAPTER 2 EXECUTIVE SUMMARY
2.1 Market Outlook
2.2 Segmental Outlook
2.3 Competitive Insights
CHAPTER 3 MARKET VARIABLES, TRENDS & SCOPE
3.1 Market Lineage Outlook
3.1.1 Global Magnesium Stearate Market Outlook
3.2 Penetration & Growth Prospect Mapping, 2018 - 2030
3.3 Industry Value Chain Analysis
3.3.1 Raw Material Trend Analysis
3.3.2 Manufacturing Trend Analysis
3.3.3 Substitute Products Analysis
3.3.3.1 Advantages Of Substitutes Over Magnesium Stearate
3.3.3.2 List Of End-Users Using Substitute Products
3.3.3.3 List Of Potential End-Users Using Substitute Products
3.3.3.4 Futuristic Growth Opportunities
3.4 Regulatory Framework
3.5 Price Trend Analysis, 2018 - 2030
3.5.1 Factors Influencing Prices
3.6 Impact Of COVID-19 Pandemic
3.7 Market Dynamics
3.7.1 Market Driver Analysis
3.7.1.1 Growing Pharmaceutical And Nutraceutical Industries In The U.S
3.7.2 Market Restraint Analysis
3.7.2.1 Increasing Raw Material Prices
3.7.3 Market Opportunity Analysis
3.7.4 Industry Challenges Analysis
CHAPTER 4 U.S. MAGNESIUM STEARATE MARKET: APPLICATION BY FORM ESTIMATES & TREND ANALYSIS
4.1 Application By Form Movement Analysis & Market Share, 2021 & 2030 (Tons) (USD Thousand)
4.2 U.S. Magnesium Stearate Market Size, Forecasts, And Trend Analysis, By Application By Form, 2018 - 2030 (Tons) (USD Thousand)
4.2.1 Pharmaceutical
4.2.2 Nutraceutical
4.2.3 Others
CHAPTER 5 U.S. MAGNESIUM STEARATE MARKET - COMPETITIVE ANALYSIS
5.1 Recent Development & Impact Analysis, By Key Market Participants
5.2 Competitive Environment
5.3 Company Market Positioning
5.4 Vendor Landscape
5.4.1 List Of Raw Material Suppliers
5.4.2 List Of Manufacturers
5.4.3 List Of Distributors And Channel Partners
5.4.4 List Of Potential End-Users
5.5 Strategic Framework
CHAPTER 6 COMPANY PROFILES
6.1 Mallinckrodt Pharmaceuticals
6.1.1 Company Overview
6.1.2 Financial Performance
6.1.3 Product Benchmarking
6.2 PMC Biogenix, Inc.
6.2.1 Company Overview
6.2.2 Financial Performance
6.2.3 Product Benchmarking
6.3 Barentz
6.3.1 Company Overview
6.3.2 Financial Performance
6.3.3 Product Benchmarking
6.4 DPL-US
6.4.1 Company Overview
6.4.2 Financial Performance
6.4.3 Product Benchmarking
6.5 Acme Hardesty
6.5.1 Company Overview
6.5.2 Financial Performance
6.5.3 Product Benchmarking
6.5.4 Strategic Initiatives
6.6 Valtris Specialty Chemicals
6.6.1 Company Overview
6.6.2 Financial Performance
6.6.3 Product Benchmarking
6.6.4 Strategic Initiatives
6.7 AIE Pharmaceuticals, Inc.
6.7.1 Company Overview
6.7.2 Financial Performance
6.7.3 Product Benchmarking
6.8 Norac Additives LLC
6.8.1 Company Overview
6.8.2 Financial Performance
6.8.3 Product Benchmarking
6.9 Faci S.p.A
6.9.1 Company Overview
6.9.2 Financial Performance
6.9.3 Product Benchmarking
6.9.4 Strategic Initiatives
6.10 Spectrum Chemical Mfg. Corp.
6.10.1 Company Overview
6.10.2 Financial Performance
6.10.3 Product Benchmarking
6.11 James M. Brown Ltd.
6.11.1 Company Profile
6.11.2 Financial Performance
6.11.3 Product Benchmarking
6.12 Parchem Fine & Specialty Chemicals
6.12.1 Company Overview
6.12.2 Financial Performance
6.12.3 Product Benchmarking
LIST OF TABLES
Table 1 List of End-Users using Substitute Products
Table 2 List of Potential End-Users using Substitute Products
Table 3 U.S. Magnesium Stearate Market Size, Forecasts, and Trend Analysis, By Application, 2018 - 2030 (Tons)
Table 4 U.S. Magnesium Stearate Market Size, Forecasts, and Trend Analysis, By Application, 2018 - 2030 (USD Thousand)
Table 5 U.S. Magnesium Stearate Market Size, Forecasts, and Trend Analysis, By Application, In Pharmaceutical, 2018 - 2030 (Tons)
Table 6 U.S. Magnesium Stearate Market Size, Forecasts, and Trend Analysis, By Application, In Pharmaceutical, 2018 - 2030 (USD Thousand)
Table 7 U.S. Magnesium Stearate Market Size, Forecasts, and Trend Analysis, By Application, In Nutraceutical, 2018 - 2030 (Tons)
Table 8 U.S. Magnesium Stearate Market Size, Forecasts, and Trend Analysis, By Application, In Nutraceutical, 2018 - 2030 (USD Thousand)
Table 9 List of Raw Material Suppliers
Table 10 List of Manufacturers
Table 11 List of Distributors and Channel Partners
Table 12 List of Potential End-Users
Table 1 List of End-Users using Substitute Products
Table 2 List of Potential End-Users using Substitute Products
Table 3 U.S. Magnesium Stearate Market Size, Forecasts, and Trend Analysis, By Application, 2018 - 2030 (Tons)
Table 4 U.S. Magnesium Stearate Market Size, Forecasts, and Trend Analysis, By Application, 2018 - 2030 (USD Thousand)
Table 5 U.S. Magnesium Stearate Market Size, Forecasts, and Trend Analysis, By Application, In Pharmaceutical, 2018 - 2030 (Tons)
Table 6 U.S. Magnesium Stearate Market Size, Forecasts, and Trend Analysis, By Application, In Pharmaceutical, 2018 - 2030 (USD Thousand)
Table 7 U.S. Magnesium Stearate Market Size, Forecasts, and Trend Analysis, By Application, In Nutraceutical, 2018 - 2030 (Tons)
Table 8 U.S. Magnesium Stearate Market Size, Forecasts, and Trend Analysis, By Application, In Nutraceutical, 2018 - 2030 (USD Thousand)
Table 9 List of Raw Material Suppliers
Table 10 List of Manufacturers
Table 11 List of Distributors and Channel Partners
Table 12 List of Potential End-Users
LIST OF FIGURES
Fig. 1 U.S. Magnesium Stearate Market Segmentation
Fig. 2 Information Procurement
Fig. 3 Data Analysis Models
Fig. 4 Market Formulation And Validation
Fig. 5 Data Validating & Publishing
Fig. 6 Market Snapshot
Fig. 7 U.S. Magnesium Stearate Market, Segmental Outlook, 2021 (USD Thousand)
Fig. 8 U.S. Magnesium Stearate Market Volume and Revenue, (2018 - 2030) (Tons) (USD Million)
Fig. 9 U.S. Magnesium Stearate Market Value Chain Analysis
Fig. 10 U.S. Magnesium Stearate Prices, 2018 - 2030 (USD/Kg)
Fig. 11 U.S. Magnesium Stearate - Market Dynamics
Fig. 12 U.S. Magnesium Stearate Market Driver Impact
Fig. 13 U.S. Dietary Supplements Market, 2017 - 2021 (USD Billion)
Fig. 14 U.S. Magnesium Stearate Market Restraint Impact
Fig. 15 North America Stearic Acid Prices, March-21 to March-22 (USD/Ton)
Fig. 16 U.S. Magnesium Stearate Market Revenue Share, By Application By Form, 2021 & 2030 (%)
Fig. 17 Company Market Position
Fig. 18 Strategic Framework
Fig. 1 U.S. Magnesium Stearate Market Segmentation
Fig. 2 Information Procurement
Fig. 3 Data Analysis Models
Fig. 4 Market Formulation And Validation
Fig. 5 Data Validating & Publishing
Fig. 6 Market Snapshot
Fig. 7 U.S. Magnesium Stearate Market, Segmental Outlook, 2021 (USD Thousand)
Fig. 8 U.S. Magnesium Stearate Market Volume and Revenue, (2018 - 2030) (Tons) (USD Million)
Fig. 9 U.S. Magnesium Stearate Market Value Chain Analysis
Fig. 10 U.S. Magnesium Stearate Prices, 2018 - 2030 (USD/Kg)
Fig. 11 U.S. Magnesium Stearate - Market Dynamics
Fig. 12 U.S. Magnesium Stearate Market Driver Impact
Fig. 13 U.S. Dietary Supplements Market, 2017 - 2021 (USD Billion)
Fig. 14 U.S. Magnesium Stearate Market Restraint Impact
Fig. 15 North America Stearic Acid Prices, March-21 to March-22 (USD/Ton)
Fig. 16 U.S. Magnesium Stearate Market Revenue Share, By Application By Form, 2021 & 2030 (%)
Fig. 17 Company Market Position
Fig. 18 Strategic Framework