Regional Analysis

Global Iodine Market: Regional Analysis

The global iodine market expansion was dominated by Europe. The rising demand has been a result of increased government spending on healthcare systems. Pharmaceuticals and X-ray contrast media are just two examples of the many uses for the product. Asia Pacific will experience the fastest growth during the forecast period. Growing consumer awareness of iodine deficiency combined with high demand from products used in animal feed, fluorochemicals, and optical polarizing films are driving the market expansion in the region.

Figure 1. Global Iodine Market Share (%), By Region, 2022

Regionally, Europe dominated the global iodine market in terms of revenue, in 2022, followed by Asia Pacific and North America, respectively.

Geographies covered:

North America: U.S. and Canada
Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Middle East and Africa: GCC, South Africa and Rest of Middle East and Africa