Singapore Magnesium Lactate Market Report and Forecast 2025-2034
Description
The Singapore magnesium lactate market is projected to grow at a CAGR of 6.70% between 2025 and 2034.
Singapore Magnesium Lactate Market Growth
The growth of the Singapore magnesium lactate market is led by food-grade magnesium lactate in the food and beverage industry.
Food-grade magnesium lactate is designed to be used in the food and beverage industry. It is used extensively as an additive for boosting magnesium content. It has a delicate flavour and dissolves well; therefore, it can be used in dairy products, baked goods, beverages, and dietary supplements, among others. Quality control measures are very stringent on this type of magnesium lactate, which must meet Singapore’s rigorous standards on food safety.
In July 2022, Crobion, a Dutch food and biochemicals company, opened its innovation centre in Singapore. The move was made to build a laboratory meant to facilitate micro-studies for spoilage and food safety. The laboratory was designed keeping in mind capabilities in food preservation in many categories such as sauces, meat, baked foods, refrigerated foods, beverages, and others.
The industrial-grade magnesium lactate is suitable only for non-food uses such as pharmaceutical manufacturing, the production of personal care products, and agrochemicals, among others. It is crucial for providing magnesium supplementations in cosmetics for its moisturizing capabilities, along with being used during water treatment processes and other industrial applications that require large quantities of this chemical compound.
Singapore Magnesium Lactate Market Segmentation
Singapore Magnesium Lactate Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Grade:
Food Grade
Industrial Grade
Pharmaceutical Grade
Market Breakup by Application:
Personal Care and Cosmetics
Pharmaceuticals
Food and Beverage
Agrochemicals
Others
Singapore Magnesium Lactate Market Share
Personal care and cosmetics lead growth in the Singapore magnesium lactate market since it is often utilized for its moisturising and skin-conditioning properties. It keeps the skin hydrated and improves its overall texture, thus making it a common ingredient in body lotions, moisturisers, serums, and masks.
Leading Companies in the Singapore Magnesium Lactate Market
Major market players are expanding their outreach through investments in sustainable practices and environmental responsibility along with a focus on health and wellness.
Jungbunzlauer Suisse AG
Corbion N.V.
Dr. Paul Lohmann GmbH & Co. KGaA
Fengchen Group Co.,Ltd.
Others
Singapore Magnesium Lactate Market Growth
The growth of the Singapore magnesium lactate market is led by food-grade magnesium lactate in the food and beverage industry.
Food-grade magnesium lactate is designed to be used in the food and beverage industry. It is used extensively as an additive for boosting magnesium content. It has a delicate flavour and dissolves well; therefore, it can be used in dairy products, baked goods, beverages, and dietary supplements, among others. Quality control measures are very stringent on this type of magnesium lactate, which must meet Singapore’s rigorous standards on food safety.
In July 2022, Crobion, a Dutch food and biochemicals company, opened its innovation centre in Singapore. The move was made to build a laboratory meant to facilitate micro-studies for spoilage and food safety. The laboratory was designed keeping in mind capabilities in food preservation in many categories such as sauces, meat, baked foods, refrigerated foods, beverages, and others.
The industrial-grade magnesium lactate is suitable only for non-food uses such as pharmaceutical manufacturing, the production of personal care products, and agrochemicals, among others. It is crucial for providing magnesium supplementations in cosmetics for its moisturizing capabilities, along with being used during water treatment processes and other industrial applications that require large quantities of this chemical compound.
Singapore Magnesium Lactate Market Segmentation
Singapore Magnesium Lactate Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Grade:
Food Grade
Industrial Grade
Pharmaceutical Grade
Market Breakup by Application:
Personal Care and Cosmetics
Pharmaceuticals
Food and Beverage
Agrochemicals
Others
Singapore Magnesium Lactate Market Share
Personal care and cosmetics lead growth in the Singapore magnesium lactate market since it is often utilized for its moisturising and skin-conditioning properties. It keeps the skin hydrated and improves its overall texture, thus making it a common ingredient in body lotions, moisturisers, serums, and masks.
Leading Companies in the Singapore Magnesium Lactate Market
Major market players are expanding their outreach through investments in sustainable practices and environmental responsibility along with a focus on health and wellness.
Jungbunzlauer Suisse AG
Corbion N.V.
Dr. Paul Lohmann GmbH & Co. KGaA
Fengchen Group Co.,Ltd.
Others
Table of Contents
102 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Asia Pacific Magnesium Lactate Market Overview
- 5.1 Key Industry Highlights
- 5.2 Asia Pacific Magnesium Lactate Historical Market (2018-2024)
- 5.3 Asia Pacific Magnesium Lactate Market Forecast (2025-2034)
- 6 Singapore Magnesium Lactate Market Overview
- 6.1 Key Industry Highlights
- 6.2 Singapore Magnesium Lactate Historical Market (2018-2024)
- 6.3 Singapore Magnesium Lactate Market Forecast (2025-2034)
- 7 Singapore Magnesium Lactate Market by Grade
- 7.1 Food Grade
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Industrial Grade
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 Pharmaceutical Grade
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 8 Singapore Magnesium Lactate Market by Application
- 8.1 Personal Care and Cosmetics
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Pharmaceuticals
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.3 Food and Beverage
- 8.3.1 Historical Trend (2018-2024)
- 8.3.2 Forecast Trend (2025-2034)
- 8.4 Agrochemicals
- 8.4.1 Historical Trend (2018-2024)
- 8.4.2 Forecast Trend (2025-2034)
- 8.5 Others
- 9 Market Dynamics
- 9.1 SWOT Analysis
- 9.1.1 Strengths
- 9.1.2 Weaknesses
- 9.1.3 Opportunities
- 9.1.4 Threats
- 9.2 Porter’s Five Forces Analysis
- 9.2.1 Supplier’s Power
- 9.2.2 Buyer’s Power
- 9.2.3 Threat of New Entrants
- 9.2.4 Degree of Rivalry
- 9.2.5 Threat of Substitutes
- 9.3 Key Indicators for Demand
- 9.4 Key Indicators for Price
- 10 Value Chain Analysis
- 11 Price Analysis
- 12 Competitive Landscape
- 12.1 Supplier Selection
- 12.2 Key Global Players
- 12.3 Key Regional Players
- 12.4 Key Player Strategies
- 12.5 Company Profiles
- 12.5.1 Jungbunzlauer Suisse AG
- 12.5.1.1 Company Overview
- 12.5.1.2 Product Portfolio
- 12.5.1.3 Demographic Reach and Achievements
- 12.5.1.4 Certifications
- 12.5.2 Corbion N.V.
- 12.5.2.1 Company Overview
- 12.5.2.2 Product Portfolio
- 12.5.2.3 Demographic Reach and Achievements
- 12.5.2.4 Certifications
- 12.5.3 Dr. Paul Lohmann GmbH & Co. KGaA
- 12.5.3.1 Company Overview
- 12.5.3.2 Product Portfolio
- 12.5.3.3 Demographic Reach and Achievements
- 12.5.3.4 Certifications
- 12.5.4 Fengchen Group Co.,Ltd.
- 12.5.4.1 Company Overview
- 12.5.4.2 Product Portfolio
- 12.5.4.3 Demographic Reach and Achievements
- 12.5.4.4 Certifications
- 12.5.5 Others
Pricing
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