Pharmaceutical Grade Magnesium Hydroxide Market Opportunities, Challenges, Forecast And Strategies To 2031 | SPI Pharma, Konoshima Chemical, Kyowa Chemical

LOS ANGELES, United States: The report is a brilliant presentation of a highly detailed, comprehensive, and accurate research study on the global Pharmaceutical Grade Magnesium Hydroxide market. The research study explores some of the important aspects of the global Pharmaceutical Grade Magnesium Hydroxide market and shows how different factors such as price, competition, market dynamics, regional expansion, gross margin, and consumption are impacting market growth. The report includes deep analysis of the competitive landscape and exhaustive company profiling of leading companies operating in the global Pharmaceutical Grade Magnesium Hydroxide market. It provides accurate facts and figures related to the global Pharmaceutical Grade Magnesium Hydroxide market, such as market value, volume, production, revenue, market share, and CAGR.

The global market for Pharmaceutical Grade Magnesium Hydroxide was estimated to be worth US$ 177 million in 2024 and is forecast to a readjusted size of US$ 278 million by 2031 with a CAGR of 6.5% during the forecast period 2025-2031.

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Pharmaceutical grade magnesium hydroxide is most widely used in oral suspension products like ""Milk of Magnesia,"" a common over-the-counter remedy for indigestion, heartburn, acid reflux, and constipation. The compound works by neutralizing excess stomach acid and by drawing water into the intestines to stimulate bowel movement. It may also be used in chewable tablets or powders, alone or in combination with other gastrointestinal agents like aluminum hydroxide or simethicone. Aside from digestive applications, magnesium hydroxide also sees use in dermatological creams and lotions as a mild astringent or neutralizer, and occasionally in veterinary medicine. Increasingly, it is also being explored as a safe magnesium supplement source in nutritional products, especially for individuals with dietary magnesium deficiencies.

From a market perspective, the pharmaceutical grade magnesium hydroxide segment represents a specialized and regulated niche within the broader magnesium compounds market. Demand is largely driven by the global growth in gastrointestinal disorders, aging populations, rising health awareness, and the increasing consumption of over-the-counter (OTC) medicines. Gastrointestinal conditions such as dyspepsia, constipation, and acid reflux are prevalent across both developed and emerging economies, often exacerbated by poor diet, sedentary lifestyles, and stress. As a result, consumer reliance on safe, non-prescription remedies like antacids and laxatives continues to grow. Magnesium hydroxide, due to its dual action and gentle effect on the gastrointestinal tract, remains a trusted and widely used solution.

On the supply side, pharmaceutical-grade magnesium hydroxide must be produced under Good Manufacturing Practice (GMP) conditions, with rigorous quality control and traceability. This requirement raises the barrier to entry and limits the number of qualified manufacturers. Leading suppliers include SPI Pharma, Kyowa Chemical Industry, Lehmann&Voss, and Ube Industries, among others, who provide standardized grades for both human and veterinary use. These suppliers often invest in dedicated production lines, cleanroom facilities, and regulatory compliance systems to serve the pharmaceutical sector reliably. With increasing regulatory oversight and global harmonization of pharmaceutical standards, manufacturers are under pressure to ensure consistent quality, reduce impurity levels, and provide full documentation for audits and registration.

The report includes company profiling of almost all important players of the global Pharmaceutical Grade Magnesium Hydroxide market. The company profiling section offers valuable analysis on strengths and weaknesses, business developments, recent advancements, mergers and acquisitions, expansion plans, global footprint, market presence, and product portfolios of leading market players. This information can be used by players and other market participants to maximize their profitability and streamline their business strategies. Our competitive analysis also includes key information to help new entrants to identify market entry barriers and measure the level of competitiveness in the global Pharmaceutical Grade Magnesium Hydroxide market.

Details of Pharmaceutical Grade Magnesium Hydroxide Market Segmentation: -

Segment by Key Manufacturers:

SPI Pharma
Konoshima Chemical
Kyowa Chemical
Tomita Pharmaceutical
ICL-IP
Dr. Paul Lohmann GmbH
NikoMag
Martin Marietta

Segment by Type

Chemical Synthesis Method
Physical Method

Segment by Application

Mineral Supplements
Antacids
Digestive Aids
Others

The regional analysis section of the report allows players to concentrate on high-growth regions and countries that could help them to expand their presence in the global Pharmaceutical Grade Magnesium Hydroxide market. Apart from extending their footprint in the global Pharmaceutical Grade Magnesium Hydroxide market, the regional analysis helps players to increase their sales while having a better understanding of customer behavior in specific regions and countries. The report provides CAGR, revenue, production, consumption, and other important statistics and figures related to the global as well as regional markets. It shows how different type, application, and regional segments are progressing in the global Pharmaceutical Grade Magnesium Hydroxide market in terms of growth.

Report Objectives

One of the main objectives behind compiling this detailed research study is to forecast, describe, and define key aspects of the global Pharmaceutical Grade Magnesium Hydroxide market on the basis of both value and volume. Besides segmental analysis, we have provided technology analysis to inform you about latest and future technologies that will be introduced in the global Pharmaceutical Grade Magnesium Hydroxide market. We keep you ahead of the competition by closely examining microeconomic and macroeconomic factors related to the overall market, future prospects, and individual growth trends. The report includes competitive benchmarking of market leaders and analysis of key opportunities for stakeholders, players, and other market participants.

What to expect in our report?

(1) A complete section of the Pharmaceutical Grade Magnesium Hydroxide market report is dedicated for market dynamics, which include influence factors, market drivers, challenges, opportunities, and trends.

(2) Another broad section of the research study is reserved for regional analysis of the global Pharmaceutical Grade Magnesium Hydroxide market where important regions and countries are assessed for their growth potential, consumption, market share, and other vital factors indicating their market growth.

(3) Players can use the competitive analysis provided in the report to build new strategies or fine-tune their existing ones to rise above market challenges and increase their share of the global Pharmaceutical Grade Magnesium Hydroxide market.

(4) The report also discusses competitive situation and trends and sheds light on company expansions and merger and acquisition taking place in the global Pharmaceutical Grade Magnesium Hydroxide market. Moreover, it brings to light the market concentration rate and market shares of top three and five players.

(5) Readers are provided with findings and conclusion of the research study provided in the Pharmaceutical Grade Magnesium Hydroxide Market report.

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Table of Content

1 Market Overview
1.1 Pharmaceutical Grade Magnesium Hydroxide Product Introduction
1.2 Global Pharmaceutical Grade Magnesium Hydroxide Market Size Forecast
1.2.1 Global Pharmaceutical Grade Magnesium Hydroxide Sales Value (2020-2031)
1.2.2 Global Pharmaceutical Grade Magnesium Hydroxide Sales Volume (2020-2031)
1.2.3 Global Pharmaceutical Grade Magnesium Hydroxide Sales Price (2020-2031)
1.3 Pharmaceutical Grade Magnesium Hydroxide Market Trends & Drivers
1.3.1 Pharmaceutical Grade Magnesium Hydroxide Industry Trends
1.3.2 Pharmaceutical Grade Magnesium Hydroxide Market Drivers & Opportunity
1.3.3 Pharmaceutical Grade Magnesium Hydroxide Market Challenges
1.3.4 Pharmaceutical Grade Magnesium Hydroxide Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Pharmaceutical Grade Magnesium Hydroxide Players Revenue Ranking (2024)
2.2 Global Pharmaceutical Grade Magnesium Hydroxide Revenue by Company (2020-2025)
2.3 Global Pharmaceutical Grade Magnesium Hydroxide Players Sales Volume Ranking (2024)
2.4 Global Pharmaceutical Grade Magnesium Hydroxide Sales Volume by Company Players (2020-2025)
2.5 Global Pharmaceutical Grade Magnesium Hydroxide Average Price by Company (2020-2025)
2.6 Key Manufacturers Pharmaceutical Grade Magnesium Hydroxide Manufacturing Base and Headquarters
2.7 Key Manufacturers Pharmaceutical Grade Magnesium Hydroxide Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Pharmaceutical Grade Magnesium Hydroxide
2.9 Pharmaceutical Grade Magnesium Hydroxide Market Competitive Analysis
2.9.1 Pharmaceutical Grade Magnesium Hydroxide Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Pharmaceutical Grade Magnesium Hydroxide Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Pharmaceutical Grade Magnesium Hydroxide as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Chemical Synthesis Method
3.1.2 Physical Method
3.2 Global Pharmaceutical Grade Magnesium Hydroxide Sales Value by Type
3.2.1 Global Pharmaceutical Grade Magnesium Hydroxide Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Pharmaceutical Grade Magnesium Hydroxide Sales Value, by Type (2020-2031)
3.2.3 Global Pharmaceutical Grade Magnesium Hydroxide Sales Value, by Type (%) (2020-2031)
3.3 Global Pharmaceutical Grade Magnesium Hydroxide Sales Volume by Type
3.3.1 Global Pharmaceutical Grade Magnesium Hydroxide Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Pharmaceutical Grade Magnesium Hydroxide Sales Volume, by Type (2020-2031)
3.3.3 Global Pharmaceutical Grade Magnesium Hydroxide Sales Volume, by Type (%) (2020-2031)
3.4 Global Pharmaceutical Grade Magnesium Hydroxide Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Mineral Supplements
4.1.2 Antacids
4.1.3 Digestive Aids
4.1.4 Others
4.2 Global Pharmaceutical Grade Magnesium Hydroxide Sales Value by Application
4.2.1 Global Pharmaceutical Grade Magnesium Hydroxide Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Pharmaceutical Grade Magnesium Hydroxide Sales Value, by Application (2020-2031)
4.2.3 Global Pharmaceutical Grade Magnesium Hydroxide Sales Value, by Application (%) (2020-2031)
4.3 Global Pharmaceutical Grade Magnesium Hydroxide Sales Volume by Application
4.3.1 Global Pharmaceutical Grade Magnesium Hydroxide Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Pharmaceutical Grade Magnesium Hydroxide Sales Volume, by Application (2020-2031)
4.3.3 Global Pharmaceutical Grade Magnesium Hydroxide Sales Volume, by Application (%) (2020-2031)
4.4 Global Pharmaceutical Grade Magnesium Hydroxide Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Pharmaceutical Grade Magnesium Hydroxide Sales Value by Region
5.1.1 Global Pharmaceutical Grade Magnesium Hydroxide Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Pharmaceutical Grade Magnesium Hydroxide Sales Value by Region (2020-2025)
5.1.3 Global Pharmaceutical Grade Magnesium Hydroxide Sales Value by Region (2026-2031)
5.1.4 Global Pharmaceutical Grade Magnesium Hydroxide Sales Value by Region (%), (2020-2031)
5.2 Global Pharmaceutical Grade Magnesium Hydroxide Sales Volume by Region
5.2.1 Global Pharmaceutical Grade Magnesium Hydroxide Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Pharmaceutical Grade Magnesium Hydroxide Sales Volume by Region (2020-2025)
5.2.3 Global Pharmaceutical Grade Magnesium Hydroxide Sales Volume by Region (2026-2031)
5.2.4 Global Pharmaceutical Grade Magnesium Hydroxide Sales Volume by Region (%), (2020-2031)
5.3 Global Pharmaceutical Grade Magnesium Hydroxide Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Pharmaceutical Grade Magnesium Hydroxide Sales Value, 2020-2031
5.4.2 North America Pharmaceutical Grade Magnesium Hydroxide Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Pharmaceutical Grade Magnesium Hydroxide Sales Value, 2020-2031
5.5.2 Europe Pharmaceutical Grade Magnesium Hydroxide Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Pharmaceutical Grade Magnesium Hydroxide Sales Value, 2020-2031
5.6.2 Asia Pacific Pharmaceutical Grade Magnesium Hydroxide Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Pharmaceutical Grade Magnesium Hydroxide Sales Value, 2020-2031
5.7.2 South America Pharmaceutical Grade Magnesium Hydroxide Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Pharmaceutical Grade Magnesium Hydroxide Sales Value, 2020-2031
5.8.2 Middle East & Africa Pharmaceutical Grade Magnesium Hydroxide Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Pharmaceutical Grade Magnesium Hydroxide Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Pharmaceutical Grade Magnesium Hydroxide Sales Value and Sales Volume
6.2.1 Key Countries/Regions Pharmaceutical Grade Magnesium Hydroxide Sales Value, 2020-2031
6.2.2 Key Countries/Regions Pharmaceutical Grade Magnesium Hydroxide Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Pharmaceutical Grade Magnesium Hydroxide Sales Value, 2020-2031
6.3.2 United States Pharmaceutical Grade Magnesium Hydroxide Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Pharmaceutical Grade Magnesium Hydroxide Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Pharmaceutical Grade Magnesium Hydroxide Sales Value, 2020-2031
6.4.2 Europe Pharmaceutical Grade Magnesium Hydroxide Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Pharmaceutical Grade Magnesium Hydroxide Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Pharmaceutical Grade Magnesium Hydroxide Sales Value, 2020-2031
6.5.2 China Pharmaceutical Grade Magnesium Hydroxide Sales Value by Type (%), 2024 VS 2031
6.5.3 China Pharmaceutical Grade Magnesium Hydroxide Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Pharmaceutical Grade Magnesium Hydroxide Sales Value, 2020-2031
6.6.2 Japan Pharmaceutical Grade Magnesium Hydroxide Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Pharmaceutical Grade Magnesium Hydroxide Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Pharmaceutical Grade Magnesium Hydroxide Sales Value, 2020-2031
6.7.2 South Korea Pharmaceutical Grade Magnesium Hydroxide Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Pharmaceutical Grade Magnesium Hydroxide Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Pharmaceutical Grade Magnesium Hydroxide Sales Value, 2020-2031
6.8.2 Southeast Asia Pharmaceutical Grade Magnesium Hydroxide Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Pharmaceutical Grade Magnesium Hydroxide Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Pharmaceutical Grade Magnesium Hydroxide Sales Value, 2020-2031
6.9.2 India Pharmaceutical Grade Magnesium Hydroxide Sales Value by Type (%), 2024 VS 2031
6.9.3 India Pharmaceutical Grade Magnesium Hydroxide Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 SPI Pharma
7.1.1 SPI Pharma Company Information
7.1.2 SPI Pharma Introduction and Business Overview
7.1.3 SPI Pharma Pharmaceutical Grade Magnesium Hydroxide Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 SPI Pharma Pharmaceutical Grade Magnesium Hydroxide Product Offerings
7.1.5 SPI Pharma Recent Development
7.2 Konoshima Chemical
7.2.1 Konoshima Chemical Company Information
7.2.2 Konoshima Chemical Introduction and Business Overview
7.2.3 Konoshima Chemical Pharmaceutical Grade Magnesium Hydroxide Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Konoshima Chemical Pharmaceutical Grade Magnesium Hydroxide Product Offerings
7.2.5 Konoshima Chemical Recent Development
7.3 Kyowa Chemical
7.3.1 Kyowa Chemical Company Information
7.3.2 Kyowa Chemical Introduction and Business Overview
7.3.3 Kyowa Chemical Pharmaceutical Grade Magnesium Hydroxide Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Kyowa Chemical Pharmaceutical Grade Magnesium Hydroxide Product Offerings
7.3.5 Kyowa Chemical Recent Development
7.4 Tomita Pharmaceutical
7.4.1 Tomita Pharmaceutical Company Information
7.4.2 Tomita Pharmaceutical Introduction and Business Overview
7.4.3 Tomita Pharmaceutical Pharmaceutical Grade Magnesium Hydroxide Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Tomita Pharmaceutical Pharmaceutical Grade Magnesium Hydroxide Product Offerings
7.4.5 Tomita Pharmaceutical Recent Development
7.5 ICL-IP
7.5.1 ICL-IP Company Information
7.5.2 ICL-IP Introduction and Business Overview
7.5.3 ICL-IP Pharmaceutical Grade Magnesium Hydroxide Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 ICL-IP Pharmaceutical Grade Magnesium Hydroxide Product Offerings
7.5.5 ICL-IP Recent Development
7.6 Dr. Paul Lohmann GmbH
7.6.1 Dr. Paul Lohmann GmbH Company Information
7.6.2 Dr. Paul Lohmann GmbH Introduction and Business Overview
7.6.3 Dr. Paul Lohmann GmbH Pharmaceutical Grade Magnesium Hydroxide Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Dr. Paul Lohmann GmbH Pharmaceutical Grade Magnesium Hydroxide Product Offerings
7.6.5 Dr. Paul Lohmann GmbH Recent Development
7.7 NikoMag
7.7.1 NikoMag Company Information
7.7.2 NikoMag Introduction and Business Overview
7.7.3 NikoMag Pharmaceutical Grade Magnesium Hydroxide Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 NikoMag Pharmaceutical Grade Magnesium Hydroxide Product Offerings
7.7.5 NikoMag Recent Development
7.8 Martin Marietta
7.8.1 Martin Marietta Company Information
7.8.2 Martin Marietta Introduction and Business Overview
7.8.3 Martin Marietta Pharmaceutical Grade Magnesium Hydroxide Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Martin Marietta Pharmaceutical Grade Magnesium Hydroxide Product Offerings
7.8.5 Martin Marietta Recent Development
8 Industry Chain Analysis
8.1 Pharmaceutical Grade Magnesium Hydroxide Industrial Chain
8.2 Pharmaceutical Grade Magnesium Hydroxide Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Pharmaceutical Grade Magnesium Hydroxide Sales Model
8.5.2 Sales Channel
8.5.3 Pharmaceutical Grade Magnesium Hydroxide Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer

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