| Product Code: ETC4724371 | 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 |
The import shipments of potassium iodide to New Zealand in 2024 saw significant growth, with top exporting countries including India, Brazil, USA, Germany, and China. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was a robust 9.02%, with a notable growth rate of 23.9% from 2023 to 2024. This signifies a strong demand for potassium iodide in New Zealand, highlighting potential opportunities for market expansion and strategic partnerships in the coming years.

In the Asia region, the Potassium iodide market in New Zealand is projected to expand at a stable growth rate of 2.75% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.

In New Zealand, the Potassium Iodide market is witnessing growth driven by its applications in healthcare, pharmaceuticals, and food processing. Potassium iodide, a source of iodine essential for thyroid function and human health, is utilized in pharmaceutical formulations, dietary supplements, and as a nutritional additive in food products. With an increasing emphasis on iodine deficiency prevention and public health initiatives, the demand for potassium iodide is on the rise. Market participants in New Zealand offer high-purity potassium iodide products, ensuring compliance with regulatory standards and meeting the needs of diverse end-users in the healthcare and food industries.
The potassium iodide market in New Zealand is driven by its critical applications in healthcare and the pharmaceutical industry. Potassium iodide is widely used in the formulation of medications for thyroid disorders, radiation emergencies, and nutritional supplements. The increasing prevalence of thyroid-related health issues and the rising awareness regarding iodine deficiency are driving market growth. Moreover, potassium iodide`s role as a radioprotective agent in nuclear medicine and emergency preparedness is further fueling demand. Additionally, government initiatives promoting public health and iodine supplementation programs are contributing to market expansion.
The Potassium Metabisulfite market faces challenges related to quality consistency, shelf-life stability, and regulatory compliance. Meeting food safety standards, addressing consumer preferences for natural preservatives, and optimizing production processes are essential for maintaining competitiveness in diverse applications such as food and beverage, pharmaceuticals, and water treatment.
The New Zealand government regulates the potassium iodide market to ensure its availability for pharmaceutical and industrial purposes while preventing misuse for illicit activities. The Ministry of Health oversees licensing and distribution to maintain a secure supply chain and prevent unauthorized access to potassium iodide.
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 New Zealand Potassium iodide Market Overview |
3.1 New Zealand Country Macro Economic Indicators |
3.2 New Zealand Potassium iodide Market Revenues & Volume, 2021 & 2031F |
3.3 New Zealand Potassium iodide Market - Industry Life Cycle |
3.4 New Zealand Potassium iodide Market - Porter's Five Forces |
3.5 New Zealand Potassium iodide Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 New Zealand Potassium iodide Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 New Zealand Potassium iodide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the importance of iodine in maintaining thyroid health |
4.2.2 Growing adoption of potassium iodide as a source of iodine in food fortification |
4.2.3 Rising demand for potassium iodide in pharmaceutical applications |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting the cost of production |
4.3.2 Stringent regulations and guidelines related to the use of potassium iodide in food and pharmaceuticals |
4.3.3 Competition from alternative sources of iodine in the market |
5 New Zealand Potassium iodide Market Trends |
6 New Zealand Potassium iodide Market Segmentations |
6.1 New Zealand Potassium iodide Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 New Zealand Potassium iodide Market Revenues & Volume, By Industrial Grade, 2021-2031F |
6.1.3 New Zealand Potassium iodide Market Revenues & Volume, By Non-industrial Grade, 2021-2031F |
6.2 New Zealand Potassium iodide Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 New Zealand Potassium iodide Market Revenues & Volume, By X-Ray Contrast Media, 2021-2031F |
6.2.3 New Zealand Potassium iodide Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.4 New Zealand Potassium iodide Market Revenues & Volume, By Nutrition, 2021-2031F |
6.2.5 New Zealand Potassium iodide Market Revenues & Volume, By Film Photography, 2021-2031F |
6.2.6 New Zealand Potassium iodide Market Revenues & Volume, By Others, 2021-2031F |
7 New Zealand Potassium iodide Market Import-Export Trade Statistics |
7.1 New Zealand Potassium iodide Market Export to Major Countries |
7.2 New Zealand Potassium iodide Market Imports from Major Countries |
8 New Zealand Potassium iodide Market Key Performance Indicators |
8.1 Number of new product developments or innovations using potassium iodide |
8.2 Consumer awareness levels regarding the benefits of potassium iodide |
8.3 Growth in the number of partnerships or collaborations within the industry and research institutions |
8.4 Rate of adoption of potassium iodide in new applications |
8.5 Percentage increase in the research and development investment in potassium iodide technologies |
9 New Zealand Potassium iodide Market - Opportunity Assessment |
9.1 New Zealand Potassium iodide Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 New Zealand Potassium iodide Market Opportunity Assessment, By Application, 2021 & 2031F |
10 New Zealand Potassium iodide Market - Competitive Landscape |
10.1 New Zealand Potassium iodide Market Revenue Share, By Companies, 2024 |
10.2 New Zealand Potassium iodide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |