Iodine Market Outlook:
Iodine Market size was valued at USD 3.93 billion in 2025 and is likely to cross USD 7.8 billion by 2035, expanding at more than 7.1% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of iodine is assessed at USD 4.18 billion.
The iodine market is expanding due to the rising demand from major sectors, including health, agriculture, and chemical industries. The development of various medical diagnostic tools, especially X-ray contrast media with continuous advancements, also boosts the market growth. Another key factor driving demand higher is better infrastructure for healthcare in most emerging markets of Asia and Africa, supplemented by governmental initiatives to bridge nutritional gaps.
Governments worldwide have increased their regulations related to iodine deficiency and its supplementation. Recently, the European Food Safety Authority increased the regulatory pressure in relation to the supplementation of iodine in animal feed. Furthermore, the United Nations Food and Agriculture Organization (FAO) supported salt iodization legislation in the fight against iodine deficiency. Consequently, due to strict limits set by the Food and Drug Administration (FDA) to the levels of iodine in both foods and supplements, iodine intake among the population is considered to be within safe and controlled limits. As a result, these factors combined are anticipated to generate demand for iodine during the forecast period.
