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Methylsulfonylmethane Market By Application (Food & Beverage, Pharmaceutical & Dietary Supplements, Cosmetics & Personal Care, Animal Feed) - Growth, Future Prospects And Competitive Analysis, 2016 – 2024

Methylsulfonylmethane (MSM) is a form of organic sulfur that is found in many different fruits, vegetables, grains, and animals. Methylsulfonylmethane is a product of dimethyl sulfoxide (DMSO) and is also known as DMSO2, methyl sulfone, and dimethyl sulfone.

On the basis of application, the global methylsulfonylmethane (MSM) market is segmented into food & beverage, pharmaceuticals & dietary supplements, cosmetics & personal care, animal feed, and other industries (agriculture, urban waste handling, etc.).

Pharmaceuticals and dietary supplements accounted for more than 55% of the total MSM market volume in 2015. The aging population, rising bone and joint health concerns, and rising health awareness are the major factors driving the market growth.

The global methylsulfonylmethane market is segmented by geography into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America was identified as the largest market for methylsulfonylmethane in 2015. It contributed more than 40% to the total demand for methylsulfonylmethane in 2015.

The methylsulfonylmethane market in the Asia-Pacific zone is predicted to register the highest rate of growth during the projected period. This growth is majorly attributed to growing demand from the synthetic lubricant and polyethylene industries, particularly from economies such as Japan, China, and India.

Bergstrom Nutrition, Inc., Hubei Xingfa Chemicals Group Co., Ltd., Yueyang Xiangmao Medicines & Chemicals Co., Ltd., Makana Produktion und Vertrieb GmbH, Vita Flex Nutrition, ZhuZhou Hansen Chemical Co, Ltd., Panvo Organics Pvt. Ltd., Chaitanya Biologicals Pvt. Ltd, Tianjin Baofeng Chemical Co., Ltd and Hangzhou Dakang New Materials Co., Ltd. are few key manufacturers in methylsulfonylmethane market.

Purpose of the Report

The purpose of this strategic research study titled "Methylsulfonylmethane (MSM) Market: Growth, Future Prospects, and Competitive Analysis 2016–2023" is to offer industry investors, company executives, and other industry participants with in-depth insights to enable them to make informed strategic decisions related to the opportunities in the methylsulfonylmethane market.

Target Audience

  • Industry Investors
  • Methylsulfonylmethane Manufacturers
  • End User Industries

On the basis of its applications, the global methylsulfonylmethane market is categorized into the following segments:

  • Food & Beverage
  • Pharmaceutical and dietary supplements
  • Cosmetics & Personal Care
  • Animal Feed
  • Other Industries (Agriculture, Urban Waste Handling, etc.)

Methylsulfonylmethane is widely used in the pharmaceutical and dietary supplement industries as it functions as a pharmaceutically active agent that can be used safely and effectively for a variety of purposes. Methylsulfonylmethane is commonly used for osteoarthritis, but it also has benefits in alleviating gastrointestinal (G.I.) upset, musculoskeletal pain, and allergies; boosting the immune system; and fighting against microbial infections.

In 2015, pharmaceuticals and dietary supplements accounted for the largest share, over 55% of the total methylsulfonylmethane market by volume. The aging population, rising bone and joint health concerns, and rising health awareness are the major factors driving the market growth.

MSM is used in food and beverages to enhance fermentation efficiency and is associated with the production of wine, beer, cider, dairy products, biofuel, or any combination thereof. MSM demand is expected to grow over the next six years as a result of its associated benefits in cosmetics, personal care, and animal feed applications.

Based on geographical distribution, the global methylsulfonylmethane market is segmented into the following categories:

  • North America
  • U.S.
  • Canada
  • Europe
  • E.U. 7
  • CIS
  • Rest of Europe
  • Asia Pacific
  • Japan
  • China
  • India
  • Rest of Asia Pacific
  • Latin America
  • Brazil
  • Mexico
  • rest of Latin America
  • Middle East and Africa
  • GCC
  • Rest of the Middle East and Africa

The global methylsulfonylmethane market is segmented by geography into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa regions. In 2015, North America was the largest market owing to rising consumer awareness, sports injuries, and the higher preference given to supplements and medications. It contributed more than 30% to the total demand for methylsulfonylmethane in 2015.

However, growth is projected to be fastest in Asia Pacific regions owing to an increasing population, a rise in disposable income, and health care expenditure. Latin America and the Middle East and Africa regions are projected to witness below-average growth rates during the forecast period of 2016–2023. One of the major factors driving the growth of MSM is the growing demand for bone and joint ingredients.

According to estimates, in Europe, there are more than 15 million people who are suffering from joint pain. While in the U.S., there are more than 19 million people. In addition, according to the World Health Organization (WHO), osteoarthritis will become the fourth most common cause of disability globally due to the progressive aging of the population by 2020.

Frequently Asked Question:

The market for Methylsulfonylmethane Market is expected to reach USD$ 10 Bn in 2024.

The Methylsulfonylmethane Market is expected to see significant CAGR growth over the coming years, at 7%.

The report is forecasted from 2016 -2024.

The base year of this report is 2015.

Yueyang Xiangmao Medicines & Chemicals Co., Ltd., Makana Produktion und Vertrieb GmbH, Vita Flex Nutrition, ZhuZhou Hansen Chemical Co, Ltd., Panvo Organics Pvt.are of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Apr 2017
Category:  Chemicals
Report ID:   58398
Report Format:   PDF
Pages:   120
Rating:    4.7 (70)
Delivery Time: 24 Hours to 48 Hours   
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