Glycinates Market: Industry Analysis and Forecast (2021-2027) by Type, Application, Form and Region

Glycinates Market size was valued at US$ 0.89 Bn. in 2021 and the total revenue is expected to grow at 6.45% through 2021 to 2027, reaching nearly US$ 1.3 Bn.

Glycinates Market Overview:

The Glycinates Market is expected to grow significantly during the forecast period. The market is segmented on the basis of type, application, form and region. On the basis of type, the Glycinates market is further sub-segmented into Magnesium glycinate, Calcium glycinate, Zinc glycinate, Iron glycinate, Copper glycinate, Manganese glycinate and Sodium glycinate. On the basis of application, the glycinates market is segmented into animal feed, pharmaceutical/nutraceutical, food & beverage and cosmetics & personal care. On the basis of form, the market is segmented into dry and liquid types. Geographically the Glycinates market is segmented into North America, Europe, Asia-Pacific and other regions that comprise rest of the world. Glycinates Market To know about the Research Methodology:- Request Free Sample Report

Glycinates Market Dynamics:

Glycinates market is projected to grow during the forecast period owing to the plethora of applications it can be used in for. Glycinates Market size was valued at US$ 0.89 Bn. in 2021 and the total revenue is expected to grow at 6.45% through 2021 to 2027, reaching nearly US$ 1.3 Bn. Glycinate is employed in a variety of ways, it is used as an animal feed addition to improve feed yield and quality, resulting in better animal health and performance. Rising government initiatives to provide financial assistance to livestock producers are expected to enhance the glycinates market. One of the other key reasons for the glycinate markets to grow is the increased awareness towards health and fitness. Glycinates are in high demand because to the increased need for nutritious food items around the world. Factors such as rising mineral deficiency among the population, particularly in emerging countries such as Brazil, rising demand for chelated minerals in food additives, and rising limits on the use of antibiotics in livestock feed are also driving the industry. Glycinates are also used as dietary supplements to boost the immune system and strengthen bones. The demand for healthy and natural food additives in the pharmaceuticals and nutraceuticals industries, as well as increased consumer awareness of skincare products containing natural chemicals like magnesium glycinate, are driving the market expansion of glycinates market. The need for nutritional supplements has increased since the outbreak of the COVID-19 pandemic. Supplements that improve overall health and immunity are in high demand, owing to shifts in consumer behaviour and purchasing patterns. Liquid form of glycinates is in high demand from cosmetics and skincare manufacturers because of the ability to easily mix and blend in the additives and binding agents of personal care and cosmetic products such as shampoo, shower gel, moisturiser, lotion and hand wash. All these factors are contributing heavily to the high demand of glycinates and driving the glycinate market upwards. One of the disadvantages of liquid form of glycinates is the high risk of spillage due to which extreme care is required in order to transport glycinates which increases the cost of transportation of the manufacturer and supplier both. The major restraining factor of the glycinates market growth is the high cost of research and development that is incurred to develop new formulations and compounds that deters the organisations to innovate and diversify.

Glycinates Market Segment Analysis:

The market is segmented on the basis of type, application, form and region. On the basis of type, the Glycinates market is further sub-segmented into Magnesium glycinate, Calcium glycinate, Zinc glycinate, Iron glycinate, Copper glycinate, Manganese glycinate and Sodium glycinate. Amongst the glycinates type magnesium glycinate segments is projected to hold major market share of xx% by 2027. This is due to the ability of magnesium glycinate to detoxify body. It increases bio-absorbability and has multiple uses in dietary supplements. On the basis of application, the glycinates market is further sub-segmented into animal feed, pharmaceutical/nutraceutical, food & beverage and cosmetics & personal care. Amongst the market segments by application the animal feed segment is projected to hold major market share of xx% by 2027. This is due to the ability of glycinates to increase the quality of meat which is of prime importance in poultry sector. The glycinates used for animal feeding also increase the volume of dairy produce which is one of the biggest driving factors of the glycinates market. Glycinates Market 1 On the basis of form, the glycinates market is segmented into dry and liquid types. The dry segment has various benefits like low cost and relative ease of transportation as compared to the liquid form. However, the liquid form is projected to hold major market share during the forecast period due to its usage in cosmetics and personal care industry. The liquid form can mix and blend with the binding agents in cosmetic products easily. Liquid glycinates are also utilised in food and beverages to improve the final texture. This is one of the major driving factors of the overall glycinate market. Glycinates Market 2

Glycinates Market Regional Insights:

Geographically, the glycinates market is segmented into North America, Europe, Asia-Pacific and other regions that comprises rest of the world. North America market segment hold the largest market share of xx% by 2027 and is projected to grow at CAGR of xx% during the forecast period as well due to the fact that it is the largest market for animal feed. The animal feed products require glycinates in large volumes and hence drive the market share of the region upwards. Europe and Asia-Pacific markets are also projected to experience significant growth owing to the large demand for personal care and cosmetic products as the disposable incomes of the constituent countries rise. The increasing demand for dietary supplements is also one of the major factors of significant growth in the glycinates market regionally. The objective of the report is to present a comprehensive analysis of the Glycinates market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Glycinates market dynamics, structure by analyzing the market segments and project the Glycinates market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Glycinates market make the report investor’s guide.

Glycinates Market Scope: Inquire before buying

Global Glycinates Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2027
Historical Data: 2017 to 2021 Market Size in 2021: US $ 0.89 Bn.
Forecast Period 2022 to 2027 CAGR: 6.45 % Market Size in 2027: US $ 1.3 Bn.
Segments Covered: by Type • Magnesium glycinate • Calcium glycinate • Zinc glycinate • Iron glycinate • Copper glycinate • Manganese glycinate • Sodium glycinate
by Application • Animal feed • Pharmaceutical/nutraceutical • Food & beverage • Cosmetics & personal care
by Form • Dry • Liquid

Glycinates Market, by Region

• North America • Europe • Asia Pacific • Other Regions

Glycinates Market Key Players

• BASF (Germany) • Solvay (Belgium) • Ajinomoto (Japan) • Clariant (Switzerland) • Albion Laboratories (US) • Aditya Chemicals (India) • Pancosma SA (Switzerland) • Dunstan nutrition (New Zealand) • Innospec (US) • Pharmavit (Netherlands) • Jost Chemical Co. (US) • Galaxy Surfactants (India) • Schaumann (Germany) • Shijiazhuang Donghua Jinlong Chemical (China) • Aliphos (Belgium)

Frequently Asked Questions:

1. What is the forecast period considered for the Glycinates market report? Ans. The forecast period for the Glycinates market is 2021-2027. 2. Which key factors are hindering the growth of the Glycinates market? Ans. The key factor hindering the growth of Glycinates market is the high cost of research and development associated with glycinates. 3. What is the compound annual growth rate (CAGR) of the Glycinates market for the forecast period? Ans. The compound annual growth rate (CAGR) of the Glycinates market for the forecast period is 6.45% 4. What are the key factors driving the growth of the Glycinates market? Ans. The key factors driving the growth of Glycinates market is the growing demand for nutritive food products and chelated minerals in food additives. 5. Which are the worldwide major key players covered for the Glycinates market report? Ans. Some of the worldwide key players in the Glycinates market are BASF (Germany), Solvay (Belgium), Ajinomoto (Japan), Clariant (Switzerland), Albion Laboratories (US), Aditya Chemicals (India) and Pancosma SA (Switzerland).
1. Glycinates Market: Research Methodology 2. Glycinates Market: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Glycinates Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Glycinates Market: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • Other Regions 3.12. COVID-19 Impact 4. Glycinates Market Segmentation 4.1. Glycinates Market, by Type (2021-2027) • Magnesium glycinate • Calcium glycinate • Zinc glycinate • Iron glycinate • Copper glycinate • Manganese glycinate • Sodium glycinate 4.2. Glycinates Market, by Application (2021-2027) • Animal feed • Pharmaceutical/nutraceutical • Food & beverage • Cosmetics & personal care 4.3. Glycinates Market, by Form (2021-2027) • Dry • Liquid 5. North America Glycinates Market (2021-2027) 5.1. North America Glycinates Market, by Type (2021-2027) • Magnesium glycinate • Calcium glycinate • Zinc glycinate • Iron glycinate • Copper glycinate • Manganese glycinate • Sodium glycinate 5.2. North America Glycinates Market, by Application (2021-2027) • Analog Video Surveillance • Animal feed • Pharmaceutical/nutraceutical • Food & beverage • Cosmetics & personal care 5.3. North America Glycinates Market, by Form (2021-2027) • Dry • Liquid 5.4. North America Glycinates Market, by Country (2021-2027) • US • Canada • Mexico 6. European Glycinates Market (2021-2027) 6.1. European Glycinates Market, by Type (2021-2027) 6.2. European Glycinates Market, by Application (2021-2027) 6.3. European Glycinates Market, by Form (2021-2027) 6.4. European Glycinates Market, by Country (2021-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Glycinates Market (2021-2027) 7.1. Asia Pacific Glycinates Market, by Type (2021-2027) 7.2. Asia Pacific Glycinates Market, by Application (2021-2027) 7.3. Asia Pacific Glycinates Market, by Form (2021-2027) 7.4. Asia Pacific Glycinates Market, by Country (2021-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Other Regions Glycinates Market (2021-2027) 8.1. Other Regions Glycinates Market, by Type (2021-2027) 8.2. Other Regions Glycinates Market, by Application (2021-2027) 8.3. Other Regions Glycinates Market, by Form (2021-2027) 8.4. Other Regions Glycinates Market, by Country (2021-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A • Brazil • Argentina • Rest Of South America 9. Company Profile: Key players 9.1. BASF (Germany) 9.1.1. Overview 9.1.2. Financial Overview 9.1.3. Presence 9.1.4. Capacity Portfolio 9.1.5. Business Strategy 9.1.6. Recent Developments 9.2. Solvay (Belgium) 9.3. Ajinomoto (Japan) 9.4. Clariant (Switzerland) 9.5. Albion Laboratories (US) 9.6. Aditya Chemicals (India) 9.7. Pancosma SA (Switzerland) 9.8. Dunstan nutrition (New Zealand) 9.9. Innospec (US) 9.10. Pharmavit (Netherlands) 9.11. Jost Chemical Co. (US) 9.12. Galaxy Surfactants (India) 9.13. Schaumann (Germany) 9.14. Shijiazhuang Donghua Jinlong Chemical (China) 9.15. Aliphos (Belgium)

About This Report

Report ID 145925
Category Food & Beverages
Published Date May 2022
Updated Date
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