According to a recent report by Fact.MR, the Methylsulfonyl Methane (MSM) market was valued at USD 217.6 million in 2022 and is projected to grow at a CAGR of 5.5% from 2023 to 2033. By the end of 2033, the market is expected to reach USD 389 million. Demand for MSM in nutritional supplements is also anticipated to rise, with a projected CAGR of 5.3% during the same period.

In 2018, global sales of sports nutrition products were valued at approximately USD 16 billion, increasing to around USD 20 billion by 2020. This market is expected to grow at a CAGR of about 8% over the forecast period. The sports nutrition industry is experiencing significant growth, driven by increased participation in sports and fitness activities, as well as a shift in consumer preferences towards healthier lifestyles.

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MSM is utilized as a supplement in sports nutrition products due to its potential benefits for joint health and exercise recovery. The rising demand for sports nutrition products, including those featuring MSM, is fueling the expansion of the MSM market.

In 2019, global sales of nutritional supplements were valued at approximately USD 140 billion and are projected to reach USD 230 billion by 2027, growing at a CAGR of about 7.8%. As consumers become more health-conscious, they increasingly favor natural and organic products. MSM, a naturally occurring compound found in fruits, vegetables, and grains, is viewed as a natural ingredient. As consumer preferences shift towards natural and organic offerings, the demand for MSM derived from natural sources is expected to rise, further driving the growth of the MSM market.

Geographical Analysis:

With a market size of USD 85.08 million in 2022 and an anticipated increase to USD 89.03 million in 2023, North America holds a significant share of the industry. By 2033, the region is projected to reach a market value of USD 152.09 million.

According to the Canadian Health Food Association, retail sales of nutritional supplements and other natural health products in Canada were approximately USD 3.25 billion in 2019, up from USD 3.10 billion in 2018, reflecting a slight increase from the previous year. As consumers express growing concerns about the potential adverse effects of synthetic substances, there is an increasing interest in natural and organic products. The incorporation of MSM, a naturally occurring compound, into nutritional supplements is expected to drive market growth in the coming years.

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Competitive Analysis:

Key players in the market are Bergstrom Nutrition, Hubei Xingfa Chemicals Group Co., Ltd., Yueyang Xiangmao Medicines & Chemicals Co., Ltd., ZhuZhou Hansen Chemical Co Ltd., Makana Produktion und Vertrieb GmbH, Panvo Organics Pvt. Ltd., Chaitanya Agro Bio-tech Pvt.ltd., Tianjin Baofeng Chemical Co., Ltd, and Hangzhou Dakang New Materials Co., Ltd.        

A few of the recent developments in the Methylsulfonyl Methane Market are:

• In January 2020, OptiMSM, a subsidiary of the Bergstrom Nutrition company, acquired Vancouver-based Company Kaaylaa LLC, a producer of plant-based formulations for joint health and other applications.
• In September 2018, Bergstrom Nutrition, a leading manufacturer of MSM, was acquired by Merit Functional Foods Corporation.

Segmentation of the Methylsulfonyl Methane Market

• By Form:
• Solid
• Liquid
• By Mesh Size:
• 0-50
• 50-100
• 100-150
• 150-200
• Others
• By Application:
• Nutritional Supplement
• Solvent for PVC/PAN
• Film Deposition
• Lithium Battery Production
• By End-use Industry:
• Food & Beverage
• Pharmaceutical
• Personal Care & Cosmetic
• By Region:
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

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More Insights Available

Fact.MR, in its new offering, presents an unbiased analysis of the Methylsulfonyl Methane Market, presenting historical market data (2018-2022) and forecast statistics for the period from 2023 to 2033.

The study reveals extensive growth in Methylsulfonyl Methane Market by Form (Solid, Liquid), by Mesh Size (0-50, 50-100, 100-150, 150-200, Others), by Application (Nutritional Supplement, Solvent for PVC/PAN, Film Deposition, Lithium Battery Production) by End-use Industry (Food & Beverage, Pharmaceutical, Personal Care & Cosmetic) by Region (North America, Latin America, Europe, Asia- Pacific, Middle East and Africa) - 2023 to 2033.

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