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Based on product, the magnesium segment is expected to account significant revenue share of the food minerals market by 2032. The growth can be attributed to the crucial role of magnesium in regulating more than 300 enzymatic reactions, including transmission of nerve impulses, blood glucose regulation, synthesis of fatty acids & proteins, and metabolism of food. Of late, magnesium supplements have grown popular as they support muscle function, reduce muscle cramps while promoting the overall well-being. The growing popularity of magnesium-rich beverages is another important factor driving the industry growth.
North America food minerals market size is slated to record more than 5% CAGR from 2023 to 2032, due to the surge in awareness about the importance of balanced diets mainly in the U.S., Canada and Mexico. The growing burden of obesity mainly among the youth population has steered the higher focus on healthy lifestyles and weight management products to promote physical health and wellness. As per Northwest Family Clinics, 19.7% of youths aged between 2-19 years are obese. The increasing intake of foods and beverages fortified with natural essential minerals, including calcium, magnesium, and zinc will also drive the regional product uptake.