| Product Code: ETC4692787 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In the Canada iodine market, the import trend experienced a notable decline from 2023 to 2024, with a growth rate of -18.2%. However, the compound annual growth rate (CAGR) for the period 2020-2024 stood at a healthy 13.44%. This significant drop in import momentum in 2024 may be attributed to shifting demand dynamics or alterations in trade policies impacting market stability.
The iodine market in Canada is influenced by its applications in various industries, including pharmaceuticals, healthcare, and agriculture. Iodine is essential for thyroid health and is used in disinfectants, antiseptics, and contrast agents for medical imaging. The market benefits from increasing awareness of iodine deficiency and its implications, as well as the growth of the healthcare and agricultural sectors.
The Canadian iodine market is influenced by its applications in various industries including pharmaceuticals, disinfectants, and industrial processes. The increasing use of iodine in medical imaging and as a contrast agent, along with its role in the production of iodinated compounds and supplements, drives market growth. Additionally, the rising awareness of iodine`s health benefits and its use in water purification contribute to market expansion.
The Canada Iodine market faces challenges related to environmental and health concerns. The extraction and production of iodine can have adverse environmental impacts, leading to regulatory scrutiny and potential restrictions. Moreover, iodine deficiency and excess can both pose health risks, requiring careful balance and management in its application. The market also experiences fluctuations in iodine prices due to changes in global supply and demand, affecting stability.
The iodine market in Canada is regulated by Health Canada to ensure that iodine products meet safety and quality standards. This includes oversight on the use of iodine in pharmaceuticals and dietary supplements. Policies also involve monitoring iodine levels in food products and ensuring that they comply with health guidelines to prevent deficiencies and ensure public health safety.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Canada Iodine Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Iodine Market Revenues & Volume, 2021 & 2031F |
3.3 Canada Iodine Market - Industry Life Cycle |
3.4 Canada Iodine Market - Porter's Five Forces |
3.5 Canada Iodine Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Canada Iodine Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Canada Iodine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Canada Iodine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for iodine in various industries such as pharmaceuticals, biotechnology, and electronics |
4.2.2 Growing awareness about the importance of iodine in maintaining thyroid health |
4.2.3 Favorable government regulations supporting the use of iodine in different applications |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in iodine production |
4.3.2 Limited availability of iodine-rich sources leading to supply chain challenges |
4.3.3 Competition from iodine substitutes impacting market growth |
5 Canada Iodine Market Trends |
6 Canada Iodine Market Segmentations |
6.1 Canada Iodine Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Canada Iodine Market Revenues & Volume, By Caliche Ore, 2021-2031F |
6.1.3 Canada Iodine Market Revenues & Volume, By Underground Brines, 2021-2031F |
6.1.4 Canada Iodine Market Revenues & Volume, By Recycling, 2021-2031F |
6.1.5 Canada Iodine Market Revenues & Volume, By Seaweeds, 2021-2031F |
6.2 Canada Iodine Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Canada Iodine Market Revenues & Volume, By Organic Compounds, 2021-2031F |
6.2.3 Canada Iodine Market Revenues & Volume, By Inorganic Salts & Complexes, 2021-2031F |
6.2.4 Canada Iodine Market Revenues & Volume, By Elemental & Isotopes, 2021-2031F |
6.3 Canada Iodine Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Canada Iodine Market Revenues & Volume, By X-Ray Contrast Media, 2021-2031F |
6.3.3 Canada Iodine Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.4 Canada Iodine Market Revenues & Volume, By Optical Polarizing Films, 2021-2031F |
6.3.5 Canada Iodine Market Revenues & Volume, By Catalyst in Polymer Processing, 2021-2031F |
6.3.6 Canada Iodine Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.3.7 Canada Iodine Market Revenues & Volume, By Fluorochemicals, 2021-2031F |
6.3.8 Canada Iodine Market Revenues & Volume, By Others? , 2021-2031F |
6.3.9 Canada Iodine Market Revenues & Volume, By Others? , 2021-2031F |
7 Canada Iodine Market Import-Export Trade Statistics |
7.1 Canada Iodine Market Export to Major Countries |
7.2 Canada Iodine Market Imports from Major Countries |
8 Canada Iodine Market Key Performance Indicators |
8.1 Percentage of iodine used in pharmaceutical applications |
8.2 Number of new product innovations using iodine |
8.3 Growth in iodine consumption in emerging industries such as renewable energy sector |
9 Canada Iodine Market - Opportunity Assessment |
9.1 Canada Iodine Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Canada Iodine Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Canada Iodine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Canada Iodine Market - Competitive Landscape |
10.1 Canada Iodine Market Revenue Share, By Companies, 2024 |
10.2 Canada Iodine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |