Product Code: GVR-2-68038-565-6
Magnesium Stearate Market Summary
The global magnesium stearate market size was estimated at USD 611.7 million in 2024 and is projected to reach USD 968.1 million by 2033, growing at a CAGR of 5.1% from 2025 to 2033. The growth is driven by increasing pharmaceutical and nutraceutical production.
It is widely used in tablet and capsule formulations to ensure smooth flow and effective lubrication, while rising global healthcare spending and the expansion of generic drugs are boosting demand for high-purity, regulatory-compliant excipients. Magnesium stearate is witnessing strong adoption in personal care and cosmetics due to its ability to improve texture, stability, and blend uniformity in powders, creams, and lotions. Rising consumer awareness, urbanization, and disposable income in emerging markets are accelerating the application of skincare and beauty products.
With growing consumer and regulatory focus on sustainability, there is a significant opportunity for manufacturers to develop plant-based, biodegradable, and "clean-label" grades of magnesium stearate. Such innovations can cater to the expanding pharmaceutical, nutraceutical, and personal care segments seeking eco-friendly and non-GMO formulations.
Global Magnesium Stearate Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2033. For this study, Grand View Research has segmented the global magnesium stearate market report based on application and region
- Application Outlook (Revenue, USD Million; Volume, Kilotons, 2018 - 2033)
- Pharmaceuticals
- Lubricants
- Binders & fillers
- Personal care
- Food & beverages
- Others
- Regional Outlook (Revenue, USD Million; Volume, Kilotons, 2018 - 2033)
- North America
- Europe
- Germany
- UK
- Italy
- Spain
- France
- Asia Pacific
- China
- Japan
- South Korea
- India
- Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Magnesium Stearate Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Raw Material Outlook
- 3.2.2. Manufacturing Trends
- 3.2.3. Sales Channel Analysis
- 3.3. Price Trend Analysis, 2018-2033 (USD/KG)
- 3.3.1. Factor Influencing Prince Trends
- 3.4. Regulatory Framework
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Industry Challenges
- 3.5.4. Industry Opportunities
- 3.6. Industry Analysis Tools
- 3.6.1. Porter's Five Forces Analysis
- 3.6.2. Macro-Environmental Analysis
Chapter 4. Magnesium Stearate Market: Source Estimates & Trend Analysis
- 4.1. Application Movement Analysis & Market Share, 2024 & 2033
- 4.2. Pharmaceuticals
- 4.2.1. Magnesium Stearate Market Estimates & Forecast, In Pharmaceuticals, 2018 To 2033 (Kilotons) (USD Million)
- 4.2.2. Lubricants
- 4.2.2.1. Magnesium Stearate Market Estimates & Forecast, In Lubricants, 2018 To 2033 (Kilotons) (USD Million)
- 4.2.3. Binders & fillers
- 4.2.3.1. Magnesium Stearate Market Estimates & Forecast, In Binders & fillers, 2018 To 2033 (Kilotons) (USD Million)
- 4.3. Personal care
- 4.3.1. Magnesium Stearate Market Estimates & Forecast, In Personal care, 2018 To 2033 (Kilotons) (USD Million)
- 4.4. Food & beverages
- 4.4.1. Magnesium Stearate Market Estimates & Forecast, In Food & beverages, 2018 To 2033 (Kilotons) (USD Million)
- 4.5. Others
- 4.5.1. Magnesium Stearate Market Estimates & Forecast, In Others, 2018 To 2033 (Kilotons) (USD Million)
Chapter 5. Magnesium Stearate Market: Regional Estimates & Trend Analysis
- 5.1. Regional Movement Analysis & Market Share, 2024 & 2033
- 5.2. North America
- 5.2.1. North America Magnesium Stearate Estimates & Forecast, By Application, 2018 - 2033 (Kilotons) (USD Million)
- 5.2.2. U.S.
- 5.2.2.1. Key Country Dynamics
- 5.2.2.2. U.S. Magnesium Stearate Estimates & Forecast, By Application, 2018 - 2033 (Kilotons) (USD Million)
- 5.2.3. Canada
- 5.2.3.1. Key Country Dynamics
- 5.2.3.2. Canada Magnesium Stearate Estimates & Forecast, By Application, 2018 - 2033 (Kilotons) (USD Million)
- 5.2.4. Mexico
- 5.2.4.1. Key Country Dynamics
- 5.2.4.2. Mexico Magnesium Stearate Estimates & Forecast, By Application, 2018 - 2033 (Kilotons) (USD Million)
- 5.3. Europe
- 5.3.1. Europe Magnesium Stearate Estimates & Forecast, By Application, 2018 - 2033 (Kilotons) (USD Million)
- 5.3.2. Germany
- 5.3.2.1. Key Country Dynamics
- 5.3.2.2. Germany Magnesium Stearate Estimates & Forecast, By Application, 2018 - 2033 (Kilotons) (USD Million)
- 5.3.3. UK
- 5.3.3.1. Key Country Dynamics
- 5.3.3.2. UK Magnesium Stearate Estimates & Forecast, By Application, 2018 - 2033 (Kilotons) (USD Million)
- 5.3.4. France
- 5.3.4.1. Key Country Dynamics
- 5.3.4.2. France Magnesium Stearate Estimates & Forecast, By Application, 2018 - 2033 (Kilotons) (USD Million)
- 5.3.5. Italy
- 5.3.5.1. Key Country Dynamics
- 5.3.5.2. Italy Magnesium Stearate Estimates & Forecast, By Application, 2018 - 2033 (Kilotons) (USD Million)
- 5.3.6. Spain
- 5.3.6.1. Key Country Dynamics
- 5.3.6.2. Spain Magnesium Stearate Estimates & Forecast, By Application, 2018 - 2033 (Kilotons) (USD Million)
- 5.4. Asia Pacific
- 5.4.1. Asia Pacific Magnesium Stearate Estimates & Forecast, By Application, 2018 - 2033 (Kilotons) (USD Million)
- 5.4.2. China
- 5.4.2.1. Key Country Dynamics
- 5.4.2.2. China Magnesium Stearate Estimates & Forecast, By Application, 2018 - 2033 (Kilotons) (USD Million)
- 5.4.3. India
- 5.4.3.1. Key Country Dynamics
- 5.4.3.2. India Magnesium Stearate Estimates & Forecast, By Application, 2018 - 2033 (Kilotons) (USD Million)
- 5.4.4. Japan
- 5.4.4.1. Key Country Dynamics
- 5.4.4.2. Japan Magnesium Stearate Estimates & Forecast, By Application, 2018 - 2033 (Kilotons) (USD Million)
- 5.4.5. South Korea
- 5.4.5.1. Key Country Dynamics
- 5.4.5.2. South Korea Magnesium Stearate Estimates & Forecast, By Application, 2018 - 2033 (Kilotons) (USD Million)
- 5.5. Latin America
- 5.5.1. Latin America Magnesium Stearate Estimates & Forecast, By Application, 2018 - 2033 (Kilotons) (USD Million)
- 5.5.2. Brazil
- 5.5.2.1. Key Country Dynamics
- 5.5.2.2. Brazil Magnesium Stearate Estimates & Forecast, By Application, 2018 - 2033 (Kilotons) (USD Million)
- 5.5.3. Argentina
- 5.5.3.1. Key Country Dynamics
- 5.5.3.2. Argentina Magnesium Stearate Estimates & Forecast, By Application, 2018 - 2033 (Kilotons) (USD Million)
- 5.6. Middle East & Africa
- 5.6.1. Middle East & Africa Magnesium Stearate Estimates & Forecast, By Application, 2018 - 2033 (Kilotons) (USD Million)
- 5.6.2. Saudi Arabia
- 5.6.2.1. Key Country Dynamics
- 5.6.2.2. Saudi Arabia Magnesium Stearate Estimates & Forecast, By Application, 2018 - 2033 (Kilotons) (USD Million)
- 5.6.3. South Africa
- 5.6.3.1. Key Country Dynamics
- 5.6.3.2. South Africa Magnesium Stearate Estimates & Forecast, By Application, 2018 - 2033 (Kilotons) (USD Million)
Chapter 6. Magnesium Stearate Market - Competitive Landscape
- 6.1. Recent Developments & Impact Analysis, By Key Market Participants
- 6.2. Company Categorization
- 6.3. Company Market Share/Position Analysis, 2024
- 6.4. Company Heat Map Analysis
- 6.5. Strategy Mapping
- 6.6. Company Profiles
- 6.6.1. Baerlocher GmbH
- 6.6.1.1. Participant's Overview
- 6.6.1.2. Financial Performance
- 6.6.1.3. End Use Benchmarking
- 6.6.1.4. Recent Developments
- 6.6.2. Peter Greven GmbH & Co. KG
- 6.6.2.1. Participant's Overview
- 6.6.2.2. Financial Performance
- 6.6.2.3. End Use Benchmarking
- 6.6.2.4. Recent Developments
- 6.6.3. Valtris Specialty Chemicals
- 6.6.3.1. Participant's Overview
- 6.6.3.2. Financial Performance
- 6.6.3.3. End Use Benchmarking
- 6.6.3.4. Recent Developments
- 6.6.4. Nimbasia Stabilizers
- 6.6.4.1. Participant's Overview
- 6.6.4.2. Financial Performance
- 6.6.4.3. End Use Benchmarking
- 6.6.4.4. Recent Developments
- 6.6.5. James M. Brown Ltd.
- 6.6.5.1. Participant's Overview
- 6.6.5.2. Financial Performance
- 6.6.5.3. End Use Benchmarking
- 6.6.5.4. Recent Developments
- 6.6.6. Struktol Company of America, LLC
- 6.6.6.1. Participant's Overview
- 6.6.6.2. Financial Performance
- 6.6.6.3. End Use Benchmarking
- 6.6.6.4. Recent Developments
- 6.6.7. Sinwon Chemical Co., Ltd.
- 6.6.7.1. Participant's Overview
- 6.6.7.2. Financial Performance
- 6.6.7.3. End Use Benchmarking
- 6.6.7.4. Recent Developments
- 6.6.8. Hefei TNJ Chemical Industry Co. Ltd.
- 6.6.8.1. Participant's Overview
- 6.6.8.2. Financial Performance
- 6.6.8.3. End Use Benchmarking
- 6.6.8.4. Recent Developments
- 6.6.9. Tokyo Chemical Industry Co. Ltd.
- 6.6.9.1. Participant's Overview
- 6.6.9.2. Financial Performance
- 6.6.9.3. End Use Benchmarking
- 6.6.9.4. Recent Developments
- 6.6.10. FACI Corporate S.p.A.
- 6.6.10.1. Participant's Overview
- 6.6.10.2. Financial Performance
- 6.6.10.3. End Use Benchmarking
- 6.6.10.4. Recent Developments