Aragonite Market Size

Aragonite Market size is poised to reach USD 2 Billion by the end of 2036, growing at a CAGR of 5% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of aragonite was USD 1.30 Billion. The reason behind the growth is impelled by the rising consumption for fertilizers. Aragonite, a calcium carbonate mineral found in seashells, is used as a secondary fertilizer to help the soil grow by supplying it with essential nutrients and improving its fertility and also aids in reducing the quantity of fertilizer required to produce high-quality crops. Global fertilizer usage increased from around 177 million metric tonnes in 2011/2012 to more than 191 million metric tonnes in 2022/2023.

The growing demand skin care products are believed to fuel the aragonite market growth. Aragonite is a grounding stone that provides empowerment and protection, making it a perfect element for skincare, haircare, cosmetics, exfoliants, and personal hygiene products as it helps increase skin's natural metabolism to minimize big pores, repair blemishes, tone and renew complexion, and lessen redness.