Potassium Iodide Market Report: Trends, Forecast and Competitive Analysis to 2030

Potassium Iodide Trends and Forecast

The future of the global potassium iodide market looks promising with opportunities in the pharmaceuticals, nutraceuticals, polymer, and food & feed additives markets. The global potassium iodide market is expected to reach an estimated $1.9 billion by 2030 with a CAGR of 6.3% from 2024 to 2030. The major drivers for this market are growing utilization of potassium iodide as a dietary supplement in both animal feed and human nutrition and increasing usage as a food and feed additive to address iodine deficiency.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Potassium Iodide by Segment

The study includes a forecast for the global potassium iodide by product type, application, and region.

Potassium Iodide Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

• Solid
• Liquid

Potassium Iodide Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Pharmaceuticals
• Nutraceuticals
• Polymer
• Food & Feed Additives
• Others

Potassium Iodide Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Potassium Iodide Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies potassium iodide companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the potassium iodide companies profiled in this report include-

• IodiTech
• Thermo Fisher Scientific
• Adani Pharmachem
• Nippoh Chemicals
• Samrat Pharmachem
• Zibo Wankang Pharmaceutical Chemical
• American Elements
• Deepwater Chemical
• Godo Shigen
• Lasa Supergenerics

Potassium Iodide Market Insights

Lucintel forecasts that solid product will remain larger segment over the forecast period.

Within this market, pharmaceuticals will remain the largest segment.

APAC is expected to witness the highest growth over the forecast period.

Features of the Global Potassium Iodide Market

Market Size Estimates: Potassium iodide market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Potassium iodide market size by product type, application, and region in terms of value ($B).

Regional Analysis: Potassium iodide market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different product types, applications, and regions for the potassium iodide market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the potassium iodide market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the potassium iodide market size?

Answer: The global potassium iodide market is expected to reach an estimated $1.9 billion by 2030.

Q2. What is the growth forecast for potassium iodide market?

Answer: The global potassium iodide market is expected to grow with a CAGR of 6.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the potassium iodide market?

Answer: The major drivers for this market are growing utilization of potassium iodide as a dietary supplement in both animal feed and human nutrition and increasing usage as a food and feed additive to address iodine deficiency.

Q4. What are the major segments for potassium iodide market?

Answer: The future of the potassium iodide market looks promising with opportunities in the pharmaceuticals, nutraceuticals, polymer, and food & feed additives markets.

Q5. Who are the key potassium iodide market companies?

Answer: Some of the key potassium iodide companies are as follows:

• IodiTech
• Thermo Fisher Scientific
• Adani Pharmachem
• Nippoh Chemicals
• Samrat Pharmachem
• Zibo Wankang Pharmaceutical Chemical
• American Elements
• Deepwater Chemical
• Godo Shigen
• Lasa Supergenerics

Q6. Which potassium iodide market segment will be the largest in future?

Answer: Lucintel forecasts that solid product will remain larger segment over the forecast period.

Q7. In potassium iodide market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness the highest growth over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the potassium iodide market by product type (solid and liquid), application (pharmaceuticals, nutraceuticals, polymer, food & feed additives, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?