According to Future Market Insights (FMI), the dead sea mineral market is forecast to total US$ 1,480.3 million in 2024 and US$ 3,276.1 million by 2034. Global dead sea mineral demand will probably increase at a CAGR of 8.3% during the forecast period.
Dead Sea minerals’ documented health benefits are driving their use in pharmaceuticals and skincare, boosting market demand. This report goes beyond trends to analyze market drivers, challenges, and opportunities. It empowers strategic decisions with investment analysis and insightful frameworks. Download the exclusive summary to deep dive into market insights.
Rising demand for Dead Sea minerals can be attributed to several reasons. Firstly, these minerals are well known for their unique and beneficial qualities. They offer numerous health benefits, thereby making them popular ingredients in pharmaceuticals and skin care products.
Growing interest in natural alternatives like dead sea minerals is encouraging their adoption across several industries. As consumers become more and more interested in natural ingredient-based personal care and wellness products, sales of dead sea minerals will rise significantly through 2034.
The utility of Dead Sea minerals’ applications is leading to an increase in their popularity. These minerals are frequently used in the personal care and cosmetics industry, where they are added to a range of goods like creams, lotions, bath salts, and soaps.
Consumers looking for visible results have become interested in the proven efficacy of dead sea minerals in enhancing skin health, combating aging signs, and providing overall wellness. As a result, more people are incorporating dead sea mineral-based products into their skincare and self-care routines.
Emerging markets are creating significant growth opportunities for companies. The potential for growth of dead sea minerals in developing markets is significantly influenced by the growing understanding of the advantages of their use.
Customers in developing markets are actively looking for natural alternatives in their daily lives as they become more health conscious. dead sea minerals like magnesium, calcium, and potassium are regarded as a source of holistic well-being and beauty enhancement.
Products like skin care creams, bath salts, and therapeutic goods that contain dead sea minerals are becoming more and more popular as consumer awareness increases. This will continue to provide impetus for market expansion.
Key Takeaways from the Report:
- The global dead sea mineral market is forecast to attain a valuation of US$ 3,276.10 million by 2034.
- Based on end-use, the personal care & cosmetics segment holds a prominent market share.
- India is set to record a CAGR of 12.1% from 2024 to 2034.
- The United States remains the front-runner in dead sea mineral usage, holding a value share of around 32.5% in 2024.
- China is poised to witness a positive growth trajectory, with sales rising at 10.8% CAGR through 2034.
Who is Winning?
Leading dead sea mineral companies listed in the report include Aroma dead sea, Aquamineralspa, AVANI Supreme Inc., SabonNYC., Lush Retail Ltd., Austria, Seacretspa, DAOR COSMETICS LTD, Ein Gedi Cosmetics & Pharma Ltd., KCD Cosmetics, AQUA THERAPY, H&B, KAWAR dead sea, and dead sea Premier Cosmetics Laboratories LTD.
Both national and international players influence the competitive environment in the market. Major companies are utilizing mergers and acquisitions and introducing new products as central strategies to stay competitive. Through acquisitions and mergers, companies have enhanced product quality and broadened their product distribution networks.
Recent Developments:
- In 2020, Alma K skincare brand introduced a new dead sea Minerals product range, which includes facial cleansing gel, stimulating body scrub, hydrate range, and dead sea Minerals mud massage soap.
Get More Valuable Insights
Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global dead sea mineral market, presenting historical demand data (2019 to 2023) and forecast statistics for the period from 2024 to 2034.
The study incorporates compelling insights on the dead sea mineral industry based on source (dead sea salt, dead sea mud, and dead sea water), end use (personal care and cosmetics, pharmaceuticals, spa and wellness, others), and distribution channel (hypermarkets/supermarkets, convenience stores, drug stores and pharmacies, health and wellness stores, other retailers, online retailing) across various regions.
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