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PUBLISHER: Grand View Research | PRODUCT CODE: 2152351

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PUBLISHER: Grand View Research | PRODUCT CODE: 2152351

Iodine Market Size, Share & Trends Analysis Report By Source (Caliche Ore, Underground Brines, Recycling, Seaweed), By End Use (Pharmaceuticals, Animal Feed, Medical Imaging, Chemicals), By Region, And Segment Forecasts, 2026 - 2033

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Description

Table of Contents

List of Tables

The global iodine market was valued at USD 3.9 billion in 2025 and is projected to grow from USD 4.1 billion in 2026 to USD 5.8 billion in 2033, at a CAGR of 5.3% from 2026 to 2033. The Europe dominated the market, accounting for a revenue share of 35.0% in 2025. Growth in the pharmaceutical industry and increased requirements for fortified animal feed have contributed to iodine demand.

Iodine is an important trace element that must be obtained from food or nutritional supplements. The body requires iodine to produce thyroxine and triiodothyronine, the thyroid hormones. This hormone assists in the formation of essential proteins and enzymes that help regulate metabolic activity. Iodine-based levothyroxine drugs are manufactured with iodine being the primary constituent. Hence, the product demand has been high in the country. Without adequate production of thyroid hormones, the thyroid gland does not function properly, leading to an underactive or overactive thyroid gland. This causes medical conditions, such as hypothyroidism and hyperthyroidism, that have various negative side effects in the body.

The increasing demand for non-interventional investigative medical equipment, such as X-rays and Computed Tomography (CT), is also a key driver. For medical imaging studies, such as CT scans, angiograms, myelograms, and arthrograms, iodine-containing contrast media are widely used to make hollow structures in the body.

Expansions in end-use segments within the value chain are anticipated to increase demand for iodine over the forecast period. For instance, in July 2025, OMRON Healthcare announced that it would begin manufacturing blood pressure monitors at its new Chennai, India, facility under its "Made in India" initiative, strengthening its local manufacturing capabilities and supply chain to expand access to home healthcare monitoring devices in the country.

Global Iodine Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2021 to 2033. For the purpose of this study, Grand View Research has segmented the global iodine market report based on source, end-use, and region:

  • Source Outlook (Volume, Tons; Revenue, USD Billion; 2021 - 2033)

Caliche Ore

Underground Brines

Recycling

Seaweed

  • End-use Outlook (Volume, Tons; Revenue, USD Billion; 2021 - 2033)

Pharmaceuticals

Animal Feed

Medical Imaging

Chemicals

Others

  • Region Outlook (Volume, Tons; Revenue, USD Billion; 2021 - 2033)

North America

    • U.S.

Europe

    • Germany
    • France
    • Italy

Asia Pacific

    • China
    • Japan
    • India
    • South Korea

Central & South America

    • Brazil

Middle East & Africa

    • Saudi Arabia
    • UAE
    • South Africa
Show more
Product Code: GVR-4-68040-151-8

Table of Contents

Chapter 1. Methodology and Scope

  • 1.1. Market Segmentation & Scope
  • 1.2. Market Definition
  • 1.3. Information Procurement
    • 1.3.1. Information Analysis
    • 1.3.2. Market Formulation & Data Visualization
    • 1.3.3. Data Validation & Publishing
  • 1.4. Research Scope and Assumptions
    • 1.4.1. List of Data Sources

Chapter 2. Executive Summary

  • 2.1. Market Snapshot
  • 2.2. Competitive Outlook
  • 2.3. Competitive Outlook

Chapter 3. Iodine Market Variables, Trends, and Scope

  • 3.1. Market Outlook
  • 3.2. Value Chain Analysis
  • 3.3. Manufacturing Trends
  • 3.4. Sales Channel Analysis
  • 3.5. Regulatory Framework
  • 3.6. Market Dynamics
    • 3.6.1. Market Driver Analysis
    • 3.6.2. Market Restraint Analysis
    • 3.6.3. Industry Challenges
  • 3.7. Porter's Five Forces Analysis
  • 3.8. PESTEL Analysis

Chapter 4. Iodine Market: Source Estimates & Trend Analysis

  • 4.1. Iodine Market: Source Movement Analysis, 2025 & 2033
  • 4.2. Caliche Ore
    • 4.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
  • 4.3. Underground Brines
    • 4.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
  • 4.4. Recycling
    • 4.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
  • 4.5. Seaweed
    • 4.5.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)

Chapter 5. Iodine Market: End-Use Estimates & Trend Analysis

  • 5.1. Iodine Market: End-Use Movement Analysis, 2025 & 2033
  • 5.2. Pharmaceuticals
    • 5.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
  • 5.3. Animal Feeds
    • 5.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
  • 5.4. Medical Imaging
    • 5.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
  • 5.5. Chemicals
    • 5.5.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
  • 5.6. Others
    • 5.6.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)

Chapter 6. Iodine Market: Regional Estimates & Trend Analysis

  • 6.1. Regional Analysis, 2025 & 2033
  • 6.2. North America
    • 6.2.1. North America iodine market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
    • 6.2.2. North America iodine market estimates and forecasts, by source, 2021 - 2033 (USD Million) (Kilotons)
    • 6.2.3. North America iodine market estimates and forecasts, by end-use, 2021 - 2033 (USD Million) (Kilotons)
    • 6.2.4. U.S.
      • 6.2.3.1 U.S. iodine market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
      • 6.2.3.1 U.S. iodine market estimates and forecasts, by source, 2021 - 2033 (USD Million) (Kilotons)
      • 6.2.3.1 U.S. iodine market estimates and forecasts, by end-use, 2021 - 2033 (USD Million) (Kilotons)
  • 6.3. Europe
    • 6.3.1. Europe iodine market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
    • 6.3.2. Europe iodine market estimates and forecasts, by source, 2021 - 2033 (USD Million) (Kilotons)
    • 6.3.3. Europe iodine market estimates and forecasts, by end-use, 2021 - 2033 (USD Million) (Kilotons)
    • 6.3.4. Germany
      • 6.3.3.1 Germany iodine market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
      • 6.3.3.1 Germany iodine market estimates and forecasts, by source, 2021 - 2033 (USD Million) (Kilotons)
      • 6.3.3.1 Germany iodine market estimates and forecasts, by end-use, 2021 - 2033 (USD Million) (Kilotons)
    • 6.3.5. France
      • 6.3.3.1 France iodine market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
      • 6.3.3.1 France iodine market estimates and forecasts, by source, 2021 - 2033 (USD Million) (Kilotons)
      • 6.3.3.1 France iodine market estimates and forecasts, by end-use, 2021 - 2033 (USD Million) (Kilotons)
    • 6.3.6. Italy
      • 6.3.3.1 Italy iodine market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
      • 6.3.3.1 Italy iodine market estimates and forecasts, by source, 2021 - 2033 (USD Million) (Kilotons)
      • 6.3.3.1 Italy iodine market estimates and forecasts, by end-use, 2021 - 2033 (USD Million) (Kilotons)
  • 6.4. Asia Pacific
    • 6.4.1. Asia Pacific iodine market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
    • 6.4.2. Asia Pacific iodine market estimates and forecasts, by source, 2021 - 2033 (USD Million) (Kilotons)
    • 6.4.3. Asia Pacific iodine market estimates and forecasts, by end-use, 2021 - 2033 (USD Million) (Kilotons)
    • 6.4.4. China
      • 6.4.3.1 China iodine market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
      • 6.4.3.1 China iodine market estimates and forecasts, by source, 2021 - 2033 (USD Million) (Kilotons)
      • 6.4.3.1 China iodine market estimates and forecasts, by end-use, 2021 - 2033 (USD Million) (Kilotons)
    • 6.4.5. Japan
      • 6.4.3.1 Japan iodine market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
      • 6.4.3.1 Japan iodine market estimates and forecasts, by source, 2021 - 2033 (USD Million) (Kilotons)
      • 6.4.3.1 Japan iodine market estimates and forecasts, by end-use, 2021 - 2033 (USD Million) (Kilotons)
    • 6.4.6. India
      • 6.4.3.1 India iodine market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
      • 6.4.3.1 India iodine market estimates and forecasts, by source, 2021 - 2033 (USD Million) (Kilotons)
      • 6.4.3.1 India iodine market estimates and forecasts, by end-use, 2021 - 2033 (USD Million) (Kilotons)
    • 6.4.7. South Korea
      • 6.4.3.1 South Korea iodine market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
      • 6.4.3.1 South Korea iodine market estimates and forecasts, by source, 2021 - 2033 (USD Million) (Kilotons)
      • 6.4.3.1 South Korea iodine market estimates and forecasts, by end-use, 2021 - 2033 (USD Million) (Kilotons)
  • 6.5. Central & South America
    • 6.5.1. Central & South America iodine market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
    • 6.5.2. Central & South America iodine market estimates and forecasts, by source, 2021 - 2033 (USD Million) (Kilotons)
    • 6.5.3. Central & South America iodine market estimates and forecasts, by end-use, 2021 - 2033 (USD Million) (Kilotons)
    • 6.5.4. Brazil
      • 6.5.3.1 Brazil iodine market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
      • 6.5.3.1 Brazil iodine market estimates and forecasts, by source, 2021 - 2033 (USD Million) (Kilotons)
      • 6.5.3.1 Brazil iodine market estimates and forecasts, by end-use, 2021 - 2033 (USD Million) (Kilotons)
  • 6.6. Middle East & Africa
    • 6.6.1. Middle East & Africa iodine market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
    • 6.6.2. Middle East & Africa iodine market estimates and forecasts, by source, 2021 - 2033 (USD Million) (Kilotons)
    • 6.6.3. Middle East & Africa iodine market estimates and forecasts, by end-use, 2021 - 2033 (USD Million) (Kilotons)
    • 6.6.4. Saudi Arabia
      • 6.6.3.1 Saudi Arabia iodine market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
      • 6.6.3.1 Saudi Arabia iodine market estimates and forecasts, by source, 2021 - 2033 (USD Million) (Kilotons)
      • 6.6.3.1 Saudi Arabia iodine market estimates and forecasts, by end-use, 2021 - 2033 (USD Million) (Kilotons)
    • 6.6.5. UAE
      • 6.6.3.1 UAE iodine market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
      • 6.6.3.1 UAE iodine market estimates and forecasts, by source, 2021 - 2033 (USD Million) (Kilotons)
      • 6.6.3.1 UAE iodine market estimates and forecasts, by end-use, 2021 - 2033 (USD Million) (Kilotons)
    • 6.6.6. South Africa
      • 6.6.3.1 South Africa iodine market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
      • 6.6.3.1 South Africa iodine market estimates and forecasts, by source, 2021 - 2033 (USD Million) (Kilotons)
      • 6.6.3.1 South Africa iodine market estimates and forecasts, by end-use, 2021 - 2033 (USD Million) (Kilotons)

Chapter 7. Iodine Market: Competitive Analysis

  • 7.1. Recent Developments & Impact Analysis, By Key Market Participants
  • 7.2. Company Ranking
  • 7.3. Heat Map Analysis
  • 7.4. Vendor Landscape
    • 7.4.1. List of raw material suppliers & distributors
    • 7.4.2. List of prospective end-users
  • 7.5. Strategic Framework
  • 7.6. Company Listings (Overview, Financials, Product Benchmarking)
    • 7.6.1. ACF Minera SA
    • 7.6.2. Cosayach
    • 7.6.3. Glide Chem Private Limited
    • 7.6.4. GODO SHIGEN Co. Ltd
    • 7.6.5. Iochem Corporation
    • 7.6.6. Iofina
    • 7.6.7. ISE Chemicals Corporation
    • 7.6.8. Itochu Chemical Frontier Corporation
    • 7.6.9. Kanto Natural Gas Development Co. Ltd
    • 7.6.10. NIPPOH CHEMICALS CO. LTD
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Product Code: GVR-4-68040-151-8

List of Tables

  • Table 1 Iodine Market Estimates and Forecast, 2021 - 2033 (USD Million) (Kilotons)
  • Table 2 Iodine Market Estimates and Forecast, By Source, 2021 - 2033 (USD Million) (Kilotons)
  • Table 3 Iodine Market Estimates and Forecast, By End-Use, 2021 - 2033 (USD Million) (Kilotons)
  • Table 4 North America Iodine Market Estimates and Forecast, 2021 - 2033 (USD Million) (Kilotons)
  • Table 5 North America Iodine Market Estimates and Forecast, By Source, 2021 - 2033 (USD Million) (Kilotons)
  • Table 6 North America Iodine Market Estimates and Forecast, By End-Use, 2021 - 2033 (USD Million) (Kilotons)
  • Table 7 U.S. Iodine Market Estimates and Forecast, 2021 - 2033 (USD Million) (Kilotons)
  • Table 8 U.S. Iodine Market Estimates and Forecast, By Source, 2021 - 2033 (USD Million) (Kilotons)
  • Table 9 U.S. Iodine Market Estimates and Forecast, By End-Use, 2021 - 2033 (USD Million) (Kilotons)
  • Table 10 Europe Iodine Market Estimates and Forecast, 2021 - 2033 (USD Million) (Kilotons)
  • Table 11 Europe Iodine Market Estimates and Forecast, By Source, 2021 - 2033 (USD Million) (Kilotons)
  • Table 12 Europe Iodine Market Estimates and Forecast, By End-Use, 2021 - 2033 (USD Million) (Kilotons)
  • Table 13 Germany Iodine Market Estimates and Forecast, 2021 - 2033 (USD Million) (Kilotons)
  • Table 14 Germany Iodine Market Estimates and Forecast, By Source, 2021 - 2033 (USD Million) (Kilotons)
  • Table 15 Germany Iodine Market Estimates and Forecast, By End-Use, 2021 - 2033 (USD Million) (Kilotons)
  • Table 16 France Iodine Market Estimates and Forecast, 2021 - 2033 (USD Million) (Kilotons)
  • Table 17 France Iodine Market Estimates and Forecast, By Source, 2021 - 2033 (USD Million) (Kilotons)
  • Table 18 France Iodine Market Estimates and Forecast, By End-Use, 2021 - 2033 (USD Million) (Kilotons)
  • Table 19 Italy Iodine Market Estimates and Forecast, 2021 - 2033 (USD Million) (Kilotons)
  • Table 20 Italy Iodine Market Estimates and Forecast, By Source, 2021 - 2033 (USD Million) (Kilotons)
  • Table 21 Italy Iodine Market Estimates and Forecast, By End-Use, 2021 - 2033 (USD Million) (Kilotons)
  • Table 22 Asia Pacific Iodine Market Estimates and Forecast, 2021 - 2033 (USD Million) (Kilotons)
  • Table 23 Asia Pacific Iodine Market Estimates and Forecast, By Source, 2021 - 2033 (USD Million) (Kilotons)
  • Table 24 Asia Pacific Iodine Market Estimates and Forecast, By End-Use, 2021 - 2033 (USD Million) (Kilotons)
  • Table 25 China Iodine Market Estimates and Forecast, 2021 - 2033 (USD Million) (Kilotons)
  • Table 26 China Iodine Market Estimates and Forecast, By Source, 2021 - 2033 (USD Million) (Kilotons)
  • Table 27 China Iodine Market Estimates and Forecast, By End-Use, 2021 - 2033 (USD Million) (Kilotons)
  • Table 28 India Iodine Market Estimates and Forecast, 2021 - 2033 (USD Million) (Kilotons)
  • Table 29 India Iodine Market Estimates and Forecast, By Source, 2021 - 2033 (USD Million) (Kilotons)
  • Table 30 India Iodine Market Estimates and Forecast, By End-Use, 2021 - 2033 (USD Million) (Kilotons)
  • Table 31 Japan Iodine Market Estimates and Forecast, 2021 - 2033 (USD Million) (Kilotons)
  • Table 32 Japan Iodine Market Estimates and Forecast, By Source, 2021 - 2033 (USD Million) (Kilotons)
  • Table 33 Japan Iodine Market Estimates and Forecast, By End-Use, 2021 - 2033 (USD Million) (Kilotons)
  • Table 34 South Korea Iodine Market Estimates and Forecast, 2021 - 2033 (USD Million) (Kilotons)
  • Table 35 South Korea Iodine Market Estimates and Forecast, By Source, 2021 - 2033 (USD Million) (Kilotons)
  • Table 36 South Korea Iodine Market Estimates and Forecast, By End-Use, 2021 - 2033 (USD Million) (Kilotons)
  • Table 37 Central & South America Iodine Market Estimates and Forecast, 2021 - 2033 (USD Million) (Kilotons)
  • Table 38 Central & South America Iodine Market Estimates and Forecast, By Source, 2021 - 2033 (USD Million) (Kilotons)
  • Table 39 Central & South America Iodine Market Estimates and Forecast, By End-Use, 2021 - 2033 (USD Million) (Kilotons)
  • Table 40 Brazil Iodine Market Estimates and Forecast, 2021 - 2033 (USD Million) (Kilotons)
  • Table 41 Brazil Iodine Market Estimates and Forecast, By Source, 2021 - 2033 (USD Million) (Kilotons)
  • Table 42 Brazil Iodine Market Estimates and Forecast, By End-Use, 2021 - 2033 (USD Million) (Kilotons)
  • Table 43 Middle East & Africa Iodine Market Estimates and Forecast, 2021 - 2033 (USD Million) (Kilotons)
  • Table 44 Middle East & Africa Iodine Market Estimates and Forecast, By Source, 2021 - 2033 (USD Million) (Kilotons)
  • Table 45 Middle East & Africa Iodine Market Estimates and Forecast, By End-Use, 2021 - 2033 (USD Million) (Kilotons)
  • Table 46 Saudi Arabia Iodine Market Estimates and Forecast, 2021 - 2033 (USD Million) (Kilotons)
  • Table 47 Saudi Arabia Iodine Market Estimates and Forecast, By Source, 2021 - 2033 (USD Million) (Kilotons)
  • Table 48 Saudi Arabia Iodine Market Estimates and Forecast, By End-Use, 2021 - 2033 (USD Million) (Kilotons)
  • Table 49 UAE Iodine Market Estimates and Forecast, 2021 - 2033 (USD Million) (Kilotons)
  • Table 50 UAE Iodine Market Estimates and Forecast, By Source, 2021 - 2033 (USD Million) (Kilotons)
  • Table 51 UAE Iodine Market Estimates and Forecast, By End-Use, 2021 - 2033 (USD Million) (Kilotons)
  • Table 52 South Africa Iodine Market Estimates and Forecast, 2021 - 2033 (USD Million) (Kilotons)
  • Table 53 South Africa Iodine Market Estimates and Forecast, By Source, 2021 - 2033 (USD Million) (Kilotons)
  • Table 54 South Africa Iodine Market Estimates and Forecast, By End-Use, 2021 - 2033 (USD Million) (Kilotons)
  • Table 55 List of raw material suppliers & distributors
  • Table 56 List of prominent end users

List of Figures

  • Fig. 1 Market segmentation
  • Fig. 2 Information procurement
  • Fig. 3 Data Analysis Models
  • Fig. 4 Market Formulation and Validation
  • Fig. 5 Data Validating & Publishing
  • Fig. 6 Market snapshot
  • Fig. 7 Segmental outlook - Source and End-Use
  • Fig. 8 Competitive Outlook
  • Fig. 9 Iodine market outlook, 2021 - 2033 (USD Million) (Kilotons)
  • Fig. 10 Value chain analysis
  • Fig. 11 Market dynamics
  • Fig. 12 Porter's Analysis
  • Fig. 13 PESTEL Analysis
  • Fig. 14 Iodine market, by source: Key takeaways
  • Fig. 15 Iodine market, by source: Market share, 2025 & 2033
  • Fig. 16 Iodine market, by end-use: Key takeaways
  • Fig. 17 Iodine market, by end-use: Market share, 2025 & 2033
  • Fig. 18 Iodine market: Regional analysis, 2025
  • Fig. 19 Iodine market, by region: Key takeaways
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