The global colloidal silver market is expected to reach a valuation of USD 603.7 million by 2023. It is anticipated to accelerate at a CAGR of 9.4% from 2023 to 2033. Colloidal silver sales are likely to account for a part of the demand in the global food market, which is projected to be valued at USD 1,484.7 million in 2033.
Colloidal silver has long been used in the culinary and pharmaceutical industries. It is currently gaining high popularity in the nutrition industry such as dietary supplements and animal feed. Increasing health issues linked to dietary deficiencies have led to surging need for colloidal silver tailored to specific demand and dietary requirements worldwide.
The global colloidal silver industry is set to witness a steady growth rate over the next ten years. Historical trends show that the market was driven by rising demand from millennials and increasing investment in research & development activities.
Advanced technologies are increasingly being adopted, which has given current market players significant room to expand. Government and multinational companies are investing in research and development for producing a diverse range of products. They are also processing clean-label and certified products to attract a large client base.
Tiny silver particles that float in a liquid make up colloidal silver. This precious metal is widely used in jewelry, silverware, and dental fillings. Products containing colloidal silver are widely advertised as nutritional supplements to be taken orally. There are skin-care versions of these goods as well.
Colloidal silver product manufacturers generally make claims that their solutions are miracle cures. Few individuals consider these products can enhance one's immune system and help in the battle against viruses and bacteria. They also assert that these products can be used to treat HIV/AIDS, shingles, herpes, prostatitis, cancer, and eye problems.
Scientists are investigating colloidal silver as a treatment for antibiotic-resistant bacteria. Others are concerned that it may cause bacteria to become resistant and will harm the environment. As a result, it is not the least dangerous way to protect or improve one’s health.
| Attributes | Key Insights |
|---|---|
| Colloidal Silver Market Estimated Size (2023E) | USD 603.7 million |
| Projected Market Valuation (2033F) | USD 1,484.7 million |
| Value-based CAGR (2023 to 2033) | 9.4% |
| Collective Value Share: Top 3 Countries | 20% to 25% |
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Future Market Insights projects the global market for colloidal silver to remain lucrative, exhibiting growth at 9.4% CAGR between 2023 and 2033. It witnessed a moderate growth rate at a CAGR of 5.4% between 2018 and 2022.
Key manufacturers operating in the global market are set to readjust their strategies as new advancements have taken place. A wide range of innovative and novel features are expected to be incorporated by them in their products.
Over the past five years, these companies have been manufacturing modern and innovative products such as soft colloidal silver with advanced technologies to increase their demand.
The colloidal silver market is a relatively new and rapidly evolving industry. Over the past decade, there has been exponential growth in the production, sales, and use of colloidal silver products. Research and development activities are on the rise and hence people are becoming aware of its potential use.
In terms of its historical performance, the colloidal silver market has seen strong sales figures over recent years due to its increasing popularity as a natural remedy for various allergies. Consumers have become increasingly aware of numerous health benefits that can be gained from these products.
It is expected to lead to an increased demand for these products in both local and global markets. Increasing awareness has also resulted in more companies entering this market with research & development efforts. They are mainly focusing on discovering new applications of colloidal silver that could potentially revolutionize healthcare worldwide.
Incorporation of Colloidal Silver Liquid in Health Supplements to Boost Demand
Use of colloidal silver has been increasing in both pharmaceutical and food industries worldwide. Awareness is being raised about the potential health benefits of this type of silver. People are becoming increasingly interested in incorporating this mineral into their daily diets and health regimens.
Studies have shown that taking colloidal silver can boost the immune system by killing off harmful bacteria and viruses. It can also reduce inflammation and promote healing. Colloidal silver fosters excellent health and growth of cognitive capacities.
Manufacturers of health supplements containing colloidal silver assert that their goods can boost the immune system and aid the human body’s natural healing process. Consequently, it is anticipated that the market will be stimulated with rising demand for premium health supplements.
Principal Consultant
| Market Statistics | Details |
|---|---|
| Jan to Jun (H1), 2021 (A) | 8.7% |
| Jul to Dec (H2), 2021 (A) | 8.6% |
| Jan to Jun (H1),2022 Projected (P) | 9.1% |
| Jan to Jun (H1),2022 Outlook (O) | 9.0% |
| Jul to Dec (H2), 2022 Projected (P) | 9.2% |
| Jul to Dec (H2), 2022 Outlook (O) | 9.5% |
| Jan to Jun (H1), 2023 Projected (P) | 9.6% |
| Region | North America |
|---|---|
| Country | USA |
| CAGR | 8.6% |
| BPS Analysis | 207 |
| Market Value (2033) | USD 372.8 million |
| Region | Europe |
|---|---|
| Country | United Kingdom |
| CAGR | 8.9% |
| BPS Analysis | 214 |
| Market Value (2033) | USD 49.6 million |
| Region | Asia Pacific |
|---|---|
| Country | China |
| CAGR | 11.0% |
| BPS Analysis | 918 |
| Market Value (2033) | USD 223.9 million |
| Region | Asia Pacific |
|---|---|
| Country | India |
| CAGR | 11.9% |
| BPS Analysis | 160 |
| Market Value (2033) | USD 145.2 million |
| Region | Asia Pacific |
|---|---|
| Country | Japan |
| CAGR | 5.1% |
| BPS Analysis | -914 |
| Market Value (2033) | USD 54.7 million |
Increasing Use of Colloidal Silver Gel for Producing Silver Sulfadiazine in the USA will Aid Sales
The USA is considered to be a lucrative market for colloidal silver. The country is expected to register a significant CAGR of 8.6% during the assessment period. Widespread applications across the healthcare, textile, and dietary supplements industries would support market growth.
However, stringent regulations imposed to curb misuse have proven to be a key challenge to the country’s growth. In March 2020, for instance the USA Food and Drug Administration (FDA) warned several companies to stop selling silver-laced products to cure coronavirus. This order was issued in collaboration with the Federal Trade Commission.
Colloidal silver solutions are extensively used across the USA for producing silver sulfadiazine (SSD). It is a topical antibiotic used in partial and full-thickness burns to prevent bacterial infection. By 2033, the USA market is expected to reach a valuation of USD 372.8 million.
Surging Use of Colloidal Silver Spray in Germany to Treat Burns will Augment Demand
The market for colloidal silver in Germany is expected to surge at a CAGR of 7.3% between 2023 and 2033. Germany is currently considered to be the most prominent producer of colloidal silver in Europe.
Since its introduction to the commercial market in the early 20th century, Germany has been producing large amounts of colloidal silver for both local consumption and export. The country’s production is largely driven by demand from medical, electronics, food processing, and water purification industries. Colloidal silver is widely used in Germany as an alternative treatment for burns and skin infections.
Rising Prevalence of Cold and Flu in India to Bolster Use of Colloidal Silver Solutions
The colloidal silver market in India is expected to escalate at a CAGR of 11.9% in the next ten years. Colloidal silver, a prominent ingredient in food & beverage products, has seen increased demand across India.
As a result of this growth, it is creating numerous opportunities for businesses to capitalize on the demand. People in the country are turning towards healthy eating options and looking for nutrient-rich ingredients.
Hence, colloidal silver has become the perfect solution for fulfilling these needs. It is filling up shelves with its high antioxidant content that can help boost immunity during cold and flu seasons. It can also prevent digestion issues.
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Demand for Powdered Colloidal Silver to Skyrocket with Increasing Use in Consumer Goods
In terms of form, the powder segment is expected to register a significant CAGR of 9.2% from 2023 to 2033. It is expected to remain dominant over the forecast period, says Future Market Insights. Colloidal silver in powder form has become one of the most often used nanoparticles in consumer goods due to its antibacterial and antimicrobial properties.
It is composed of tiny silver nanoparticles, which are quickly gaining acceptance for several novel industrial applications. A liquid is the most often used commercial form of colloidal silver. These products are typically sold as oral dietary supplements.
To expand their business worldwide, top international players are concentrating on new developments, product design, and product installation. Key firms are eager to commit to mergers, partnerships, and business acquisitions to increase their market presence.
Through creative marketing and technological advancements, these businesses hope to ensure their advantage in the market.
For instance
In 2021, Thermo Fisher Scientific consolidated its product portfolio brands, namely, Maybridge, Alfa Aesar, and Acros Organics for transitioning into an individual brand called Thermo Scientific. The company wants to simplify purchasing experience for its customers with this consolidation.
| Attribute | Details |
|---|---|
| Estimated Market Size (2023) | USD 603.7 million |
| Projected Market Valuation (2033) | USD 1,484.7 million |
| Value-based CAGR (2023 to 2033) | 9.4% |
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | Value (USD million) and Volume (MT) |
| Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia; and the Middle East & Africa |
| Key Countries Covered | USA, Canada, Brazil, Mexico, Germany, United Kingdom, France, Italy, Spain, Nordic, Russia, Poland, China, India, Thailand, Indonesia, Australia and New Zealand, Japan, Gulf Cooperation Council countries, North Africa, South Africa, and others. |
| Key Segments Covered | Form, Particle size, End Use, Regions |
| Key Companies Profiled | Alfa Aesar (Thermo Fisher Scientific); American Elements; Laboratories Argenol; Trace Minerals Research Ltd. (North America); NANO IRON s.r.o.; Nano Labs; Reinste Nano Ventures Pvt. Ltd.; Sigma-Aldrich (Merck KgaA); Strem Chemicals, Inc.; US Research Nanomaterials, Inc. |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Drivers Restraints Opportunity Trends Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
The growing pharmaceuticals sector is driving the United States market.
Powder foam holds high revenue potential.
The United States, Germany, and India are estimated to dominate the global market.
The market is forecast to register a CAGR of 9.4% through 2033.
The market registered a CAGR of 5.4% from 2018 to 2022.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Form 5.1. Powder 5.2. Liquid 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Particle Size 6.1. 5 to 10nm 6.2. 11 to 20nm 6.3. 21 to 50nm 6.4. 101 to 200nm 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use 7.1. Healthcare 7.2. Dietary Supplements 7.3. Food and Beverages 7.4. Cosmetics 7.5. Electronics 7.6. Textile 7.7. Water Treatment 7.8. Paint and Coating 7.9. Other Industries 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. North America 8.2. Latin America 8.3. Europe 8.4. East Asia 8.5. South Asia 8.6. Oceania 8.7. Middle East and Africa 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 16. Key Countries Market Analysis 17. Market Structure Analysis 18. Competition Analysis 18.1. Alfa Aesar (Thermo Fisher Scientific) 18.2. American Elements 18.3. Laboratories Argenol 18.4. nanoComposix 18.5. NANO IRON s.r.o. 18.6. Nano Labs 18.7. Reinste Nano Ventures Pvt. Ltd. 18.8. Sigma-Aldrich (Merck KgaA) 18.9. Strem Chemicals, Inc. 18.10. USA Research Nanomaterials, Inc. 19. Assumptions & Acronyms Used 20. Research Methodology
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Colloidal Silver Market
