United States Magnesium Market to hit US$ 42.98 billion by 2032 | Top Companies 2025 - Dead Sea Magnesium Ltd., US Magnesium LLC, Gossan Resources

"Global Magnesium Market reached US$ 27.65 billion in 2024 and is expected to reach US$ 42.98 billion by 2032, growing with a CAGR of 5.67% during the forecast period 2025-2032." As per DataM intelligence research report

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United States

Recent Launches and Investments

✅ In July 2025, NOW Foods launched a high-absorption magnesium supplement targeting muscle relaxation, bone health, and cardiovascular support. The product is designed for daily use and improved bioavailability. It aims to meet growing demand in the functional mineral segment.

✅ In March 2025, Nature Made introduced a magnesium chelate formulation backed by clinical studies for better absorption. The launch is supported by $12 million in R&D funding. It caters to consumers seeking scientifically validated supplements.

Mergers and Acquisitions

✅ In August 2025, GNC acquired a boutique magnesium supplement brand to expand its functional mineral portfolio. The acquisition strengthens GNC's position in the U.S. wellness market. It enables faster innovation and distribution of specialty magnesium products.

✅ In May 2025, Herbalife Nutrition partnered with a U.S.-based mineral supplier to co-develop next-generation magnesium formulations. The collaboration targets improved absorption and taste. It focuses on functional dietary supplements for active consumers.

Japan

Recent Launches and Investments

✅ In August 2025, Asahi Group launched magnesium-fortified beverages targeting health-conscious Japanese consumers. The drinks support bone and cardiovascular health. They are designed for everyday consumption and enhanced absorption.

✅ In April 2025, Meiji introduced magnesium-enriched tablets and powders for muscle and nerve function support. The launch focuses on functional nutrition products. It addresses growing interest in mineral supplementation in Japan.
Mergers and Acquisitions

✅ In July 2025, House Foods partnered with a U.S. magnesium supplier to co-develop advanced magnesium supplements for Japan. The collaboration targets high-bioavailability formulations. It strengthens House Foods' portfolio in functional minerals.

✅ In June 2025, Morinaga acquired a domestic magnesium supplement company to expand its functional mineral offerings. The acquisition enhances its R&D capabilities. It also supports broader distribution in the Japanese market.

Magnesium Market: Drivers

The magnesium market is experiencing significant growth as consumers increasingly recognize its essential role in supporting bone health, muscle function, nerve function, and overall wellness. Rising awareness about nutrient deficiencies, stress management, and heart health is driving demand for magnesium supplements in forms such as tablets, capsules, powders, and functional beverages. Increasing interest in preventive healthcare and dietary supplementation is encouraging adoption across diverse age groups. Innovations in bioavailable and chelated forms are improving absorption, efficacy, and consumer appeal. With growing focus on holistic health, magnesium is becoming a critical component in the nutraceutical and functional supplement industry.

Technological advancements in formulation and delivery systems are enhancing the stability, bioavailability, and convenience of magnesium products. Expansion of e-commerce platforms, retail stores, and subscription models is increasing accessibility and consumer reach. Marketing campaigns highlighting muscle relaxation, stress support, and cardiovascular benefits are boosting awareness and adoption. Rising consumer preference for plant-based, clean-label, and high-quality supplements is driving product innovation and diversification. As global focus on preventive nutrition and overall wellness continues, the magnesium market is poised for sustained growth and long-term expansion.

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Magnesium Market: Major Players

Dead Sea Magnesium Ltd., US Magnesium LLC, Gossan Resources, Wenxi YinGuang Magnesium Industry (Group) Co. Ltd, Latrobe Magnesium, POSCO, RI.MA Group srl, Solikamsk Magnesium Works OAO, Shanxi Wenxi Hongfu Magnesium Co., Ltd. and Taiyuan Tongxiang Magnesium Co., Ltd.

Segment Covered in the Magnesium Market:

➥ By Product: Pure Magnesium, Magnesium Compounds, Magnesium Alloys, Others
➥ By Application: Die Casting, Aluminum Alloys, Titanium Reduction, Iron & Steel Making, Others
➥ By End-User: Automotive, Aerospace, Defense, Construction, Healthcare, Electronics, Others

Research Process:

Both primary and secondary data sources have been used in the 55 Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Most Frequently Asked Questions in the Magnesium Market Research Industry:

➠ Who leads the Magnesium industry and what's their competitive positioning regarding capacity, performance, and profitability?
➠ What growth opportunities and market challenges do Magnesium market vendors face?
➠ Which segments show the highest growth potential and market share distribution?
➠ What factors are driving or limiting Magnesium market growth?
➠ What are the dominant sales and distribution strategies in the Magnesium industry?

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Regional Analysis:

⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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✅ Consumer Behavior & Demand Analysis
✅ Import-Export Data Monitoring
✅ Live Market & Pricing Trends

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