United States Iodine Market Size, Share, and COVID-19 Impact Analysis, By Source (Seaweeds, Caliche Ore, Recycling, and Underground Brine), By Form (Organic Compounds, Elementals & Isotopes, and Inorganic Salts & Complexes), By Application (Nylon, Biocides, Animal Feed, Optical Polarizing Films, X-Ray Contrast Media, and Fluorochemicals), and US Iodine Market Insights, Industry Trend, Forecasts to 2035

USA Iodine Market Insights Forecasts to 2035

• The United States Iodine Market Size is Expected to grow at a CAGR of around 3.11% from 2025 to 2035
• The USA Iodine Market Size is expected to hold a significant share by 2035

According to a research report published by Spherical Insights & Consulting, the US Iodine Market Size is anticipated to hold a significant share by 2035, growing at a CAGR of 3.11% from 2025 to 2035. The market growth is attributed to the increasing awareness about healthy lifestyles and the increasing demand for iodine-based X-ray media in hospitals and research centers.

Market Overview

The demand for iodine from the healthcare, electronics, and agricultural industries drives the production, distribution, and use of this chemical element in medical imaging, medicinal products, nutrition, and industrial applications. This particular field is known as the US iodine market. A mineral called iodine, which is present in some foods, is essential for pregnancy, bone and brain development, and metabolism. Especially for pregnant women and newborns, it is vital. Some foods naturally contain iodine, and iodized salt also contains iodine. Iodized salt, fish, eggs, and dairy products are good sources of iodine in recommended amounts. Soups in cans, processed foods, and specialty salts are typically not iodized. Iodine is a volatile, crystalline material that has an acrid taste, a distinctive smell, and a purple glittering appearance. The thyroid gland contains over 80% of this vital component for humans. Food consumption and atmospheric iodine inhalation are the two main sources of iodine. Thyroid hormones are created in the thyroid by adding iodine to the amino acid thyroxine residue on thyroglobulin. Iodide ions are released when the hormones are broken down in the liver and target cells. The thyroid may repurpose the liberated iodide, or the kidneys may eliminate it into the urine. In epidemiological research on goitre and iodine deficiency disorders, urinary iodine excretion is frequently used as a reliable indicator of iodine availability in a population. The market is driven by growing applications in agriculture and food processing, rising pharmaceutical demand due to increased health consciousness, and government programs encouraging domestic production to lessen reliance on imports.

Report Coverage

This research report categorizes the market for the US iodine market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the US iodine market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the US iodine market.

Driving Factors

Public health campaigns and education about the benefits of iodized salt in diets are driving demand for the product, and the use of AI technologies in healthcare processes is transforming clinical efficiency, developing resource management, and enhancing revenue integrity for healthcare providers. Powered by artificial intelligence platforms, streamline utilization management, automate workflows, and improve revenue integrity for healthcare providers, which in turn increases demand in healthcare technology applications and the iodine market share. Iodine's therapeutic potential in treating thyroid-related disorders, as well as its role in targeting specific cells, are driving the iodine market in the US.

Restraining Factors

The health concerns, environmental regulations, supply chain challenges, and toxicity issues. Excessive iodine intake can lead to thyroid disorders, raising concerns among consumers and regulatory bodies. Environmental policies limit production and increase compliance costs may hinder the growth of the market.

Market Segmentation

The USA iodine market share is classified into source, form, and application.

• The caliche ore segment held the largest share of 58.01% in 2024 and is expected to grow at a significant CAGR during the forecast period.

The US iodine market is segmented by source into seaweeds, caliche ore, recycling, and underground brine. Among these, the caliche ore segment held the largest share of 58.01% in 2024 and is expected to grow at a significant CAGR during the forecast period. The sector growth is attributed to the high-water solubility, durability, and good source of iodine.

• The organic compounds segment accounted for the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The US iodine market is segmented by form into organic compounds, elementals & isotopes, and inorganic salts & complexes. Among these, the organic compounds segment accounted for the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is driven by the extensive usage of iodine in chemical synthesis, disinfectants, and in pharmaceutical industry.

• The x-ray contrast media segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The US iodine market is segmented by application into nylon, biocides, animal feed, optical polarizing films, x-ray contrast media, and fluorochemicals. Among these, the x-ray contrast media segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. The segment growth is ascribed to the increasing cases of chronic diseases, rising need for medical imaging systems, and the improved clarity of the images.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the US iodine market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Deepwater Chemicals Inc.
• Iochem Corporation
• Kiva Holding Inc.
• Woodward Iodine Corporation
• Iofina
• Others

Recent Developments:

• In January 2025, GE HealthCare invested USD 138 Million to expand its Carrigtohill, Cork, Ireland, contrast media fill and finish manufacturing site. The new facility will enable 25 million more patient doses per year of contrast media by the end of 2027, addressing global demand for injectable diagnostic imaging agents used in X-Ray, CT, and Interventional procedures. The demand for iodine-based contrast media is expected to double in the next decade due to ageing populations and chronic disorders.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at the United States, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the US iodine market based on the below-mentioned segments:

US Iodine Market, By Source

• Seaweeds
• Caliche Ore
• Recycling
• Underground Brine

US Iodine Market, By Form

• Organic Compounds
• Elementals & Isotopes
• Inorganic Salts & Complexes

US Iodine Market, By Application

• Nylon
• Biocides
• Animal Feed
• Optical Polarizing Films
• X-Ray Contrast Media
• Fluorochemicals