# Magnesium Lactate Market is forecast to surpass USD 107.7 Million by 2032
The global [magnesium lactate market](https://www.factmr.com/report/1277/magnesium-lactate-market) is estimated at USD 48.3 Million in 2022 and is forecast to surpass USD 107.7 Million by 2032, growing at a CAGR of 8.3% from 2022 to 2032.
Key Players:
Corbion N.V.
American Elements
Jungbunzlauer Suisse AG
Dr. Paul Lohmann GmbH KG
ISALTIS
Magnesia GmbH
Jost Chemical Co.
PMP Fermentation Products, Inc.
K+S Akentiengesellschaft
Fengchen Group Co. Ltd.
Other Market Players
Global Magnesium Lactate Market by Category
By Grade, Global Magnesium Lactate Market is
segmented as:
Food Grade Magnesium Lactate
Pharmaceutical Grade Magnesium Lactate
Industrial Grade Magnesium Lactate
By Application, Global Magnesium Lactate Market is segmented as:
Food & Beverages
Pharmaceuticals
Agrochemicals
Personal Care & Cosmetics
Others
By Region, Global Magnesium Lactate Market is segmented as:
North America
Latin America
Europe
East Asia
South Asia & Oceania
MEA
Read More: https://www.factmr.com/report/1277/magnesium-lactate-market