Iodine is an essential nutrient for human health and is necessary for the production of thyroid hormones. It is found in a wide range of foods, including seaweed, fish, dairy products, and eggs. Iodine deficiency can lead to thyroid problems, such as goiter, hypothyroidism, and intellectual disability. Iodine is also used for a variety of industrial and medical purposes. The global iodine market is likely to register a CAGR of over 5.17% with an incremental growth of 13.6 thousand tons during the forecast period 2023-2029.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global iodine market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the source, form, application, and region. The global market for iodine can be segmented by source: underground brine, caliche ore, recycling, seaweeds. In 2022, the caliche ore segment made up the largest share of the iodine market. Iodine market is further segmented by form: inorganic salts and complexes, organic compounds, elementals and isotopes. The organic compounds segment was the largest contributor to the global iodine market in 2022. Based on application, the iodine market is segmented into: animal feeds, medical, biocides, optical polarizing films, fluorochemicals, nylon, others. The medical segment is estimated to account for the largest share of the global iodine market. On the basis of region, the iodine market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Europe held the largest share of the global iodine market in 2022 and is anticipated to hold its share during the forecast period.

Market Segmentation
By source: underground brine, caliche ore, recycling, seaweeds
By form: inorganic salts and complexes, organic compounds, elementals and isotopes
By application: animal feeds, medical, biocides, optical polarizing films, fluorochemicals, nylon, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The report also provides analysis of the key companies of the industry and their detailed company profiles including Cosayach, Deep Water Chemicals, Eskay Iodine Pvt. Ltd., Godo Shigen Co., Ltd., Iofina plc, Ise Chemicals Corporation, Itochu Chemical Frontier Corporation, K&O Energy Group Inc., Nippoh Chemicals Co., Ltd., Salvi Chemical Industries Ltd, Samrat Pharmachem Limited, SQM SA, Toho Earthtech Inc., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Scope of the Report
• To analyze and forecast the market size of the global iodine market.
• To classify and forecast the global iodine market based on source, form, application, region.
• To identify drivers and challenges for the global iodine market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global iodine market.
• To identify and analyze the profile of leading players operating in the global iodine market.

Why Choose This Report
• Gain a reliable outlook of the global iodine market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.