Global Glycinates Market, By Type (Magnesium Glycinate, Zinc Glycinate, Calcium Glycinate, Copper Glycinate, Manganese Glycinate, Sodium Glycinate, Others), Form (Dry, Liquid), Application (Pharmaceuticals/Nutraceuticals, Food Additives, Feed Additives, Personal Care Products, Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
The glycinates market is expected to witness market growth at a rate of 7.00% in the forecast period of 2022 to 2029. Data Bridge Market Research report on glycinates market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the demand for the product for various applications globally is escalating the growth of glycinates market.
Glycinates, also called glycine chelates, refer to the type of element compounds that are highly available, electrically uncharged, and stable. The element is a fine granulate, dust free compound that is easily soluble with water. These are known to possess foaming properties and excellent compatibility with skin. The element has an accurate composition.
The increase in demand for nutritive food products across the globe acts as one of the major factors driving the growth of glycinates market. The companies focusing on developing and selling of manganese glycinate that can cure the deficiency among consumers, and increase in awareness about precision nutrition techniques accelerate the market growth. The increase in mineral deficiency among people due to unbalanced lifestyle and high demand from supplements and preventive healthcare products sectors further influence the market. Additionally, rapid urbanization, change in consumer lifestyle, growing population, rise in the disposable income and growth of feed and personal care industries positively affect the glycinates market. Furthermore, improvement in the production process and development of improved products extends profitable opportunities to the market players in the forecast period of 2022 to 2029.
On the other hand, high cost associated with the research and development activities and fluctuations in raw material prices are expected to obstruct the market growth. Lack of awareness in developing and underdeveloped countries is projected to challenge the glycinates market in the forecast period of 2022 to 2029.
This glycinates market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on glycinates market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Glycinates Market Scope and Market Size
The glycinates market is segmented on the basis of type, form, and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the glycinates market is segmented into magnesium glycinate, zinc glycinate, calcium glycinate, copper glycinate, manganese glycinate, sodium glycinate, and others.
- On the basis of form, the glycinates market is segmented into dry, and liquid.
On the basis of application, the glycinates market is segmented into pharmaceuticals/nutraceuticals, food additives, feed additives, personal care products, and others.
Glycinates Market Country Level Analysis
The glycinates market is analysed and market size, volume information is provided by country, type, form, and application as referenced above.
The countries covered in the glycinates market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the glycinates market because of the high demand for glycinates from the feed production industry within the region. Asia-Pacific is expected to witness fastest growth during the forecast period of 2022 to 2029 due to the increase in demand for food additives in the region.
The country section of the dried fruit snacks market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Glycinates Market Share Analysis
The glycinates market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to glycinates market.
Some of the major players operating in the glycinates market report are AJINOMOTO CO.,INC., Albion Laboratories, Inc., Aliphos (Ecophos Group), BASF SE, Clariant AG, Dunstan Nutrition, H. Wilhelm Schaumann GmbH, Novotech Nutraceuticals, Inc., Shijiazhuang Donghua Jinlong chemical co.,ltd, and Solvay S.A., among others.