Glycinates Market by Form, Type, Application

List of Tables

[185 Pages Report] The Glycinates Market size was estimated at USD 1.53 billion in 2023 and expected to reach USD 1.62 billion in 2024, at a CAGR 5.58% to reach USD 2.25 billion by 2030.

Glycinates, commonly known as glycine chelates, are produced through a chelation process that involves the bonding of glycine, an amino acid, with metal ions. The glycinates market comprises the production and sale of glycinates, a chelated mineral often used as an additive in nutritional and pharmaceutical applications. Rising health consciousness among consumers, the increasing demand for mineral-enriched dietary supplements, and the growing application of glycinates in the animal feed sector foster market growth. Fluctuating raw material prices, availability of substitute products, and adverse effects associated with glycinates can limit market development. Innovations in new glycinate-based formulations will likely present new possibilities for market expansion. In addition, emerging applications of glycinate-looping processes for biogas upgrading are expected to create growth opportunities in the market.

KEY MARKET STATISTICS
Base Year [2023]	USD 1.53 billion
Estimated Year [2024]	USD 1.62 billion
Forecast Year [2030]	USD 2.25 billion
CAGR (%)	5.58%

Form: Expanding usage of dry glycinates as it provides stability in various environmental conditions

Dry glycinates are the solid form of glycinates, which are commonly used in the pharmaceutical, personal care, and nutritional sectors. They are preferred when the longevity of the shelf life is vital and when precise dosing is required. The dry form is also favored when stability is a concern, as it is less prone to degradation than liquid forms. Liquid glycinates are aqueous solutions or suspensions that are primarily utilized for their ease of integration into liquid-based formulations such as beverages and liquid supplements. This form is often chosen for applications where rapid absorption is desirable or when there are solubility challenges with the dry form.

Type: Increasing demand for magnesium glycinate due to its renowned in muscle relaxation and stress reduction

Calcium glycinate is a popular chelated mineral supplement used primarily for enhancing calcium uptake and supporting bone health. Its high bioavailability compared to traditional calcium supplements, including calcium carbonate, makes it a preferred choice for individuals with low stomach acid or those seeking more efficient absorption. Copper glycinate is used as a dietary supplement and feed additive, providing an essential trace element needed for enzymatic processes and the maintenance of immune system health. Copper glycinate is essential for individuals dealing with copper deficiencies and for enhancing animal feed nutritional quality. Magnesium glycinate is renowned for its roles in muscle relaxation, stress reduction, and improving sleep quality, owing to its excellent absorption rates and gentle effect on the stomach. Manganese glycinate is utilized as a nutritional component both in human and animal diets, assisting in various metabolic processes and the formation of connective tissue. Primarily used in the personal care industry, sodium glycinate acts as a skin conditioning agent and buffering agent in various skincare products. Sodium glycinate is utilized by cosmetic formulators for products targeting sensitive skin due to its mild nature and skin-soothing properties. Zinc glycinate is chosen for its pivotal role in supporting the immune system, skin health, and protein synthesis. Its excellent bioavailability makes it a favorable zinc supplement form.

Application: Growing potential of glycinates in personal care products as an alternative to harsher chemicals

Glycinates as feed additives are primarily utilized for their high bioavailability as mineral supplements in animal nutrition. These chelated compounds improve the mineral status of animals, leading to enhanced growth, productivity, and overall health. Common types include magnesium, zinc, copper, and manganese glycinate. With the need-based preference focusing on improving livestock quality and yield, glycinates are preferred over non-chelated minerals due to their better absorption rates and lower environmental impact. The demand is particularly high in poultry and swine applications, where glycinates are used to foster quicker growth and bone development. In the food industry, glycinates are used as additives to fortify foods and beverages with essential minerals. The bioavailability of glycinates enhances the nutritional profile of products, including dairy, cereals, and infant formula. Consumers' increasing preference for functional foods drives the need for glycinates as a food additive. They are considered safe and are favored for maintaining the taste and stability of the food products. Glycinates find significant applications in personal care products due to their skin-friendly properties. They are used in formulations for soaps, shampoos, and skincare products to offer a mild and gentle cleansing effect and to stabilize foam. In the pharmaceutical & nutraceutical industry, glycinates are used as a key component in dietary supplements to enhance mineral delivery and support overall health and wellness.

Regional Insights

The United States is among the major consumers of glycinates due to its advanced agricultural technology and substantial feed industry, which extensively uses glycinates as additives. The presence of leading personal care and pharmaceutical companies also contributes to significant glycinates demand for improved product formulations. Across South America, the prominent livestock population and large agriculture sector provide considerable opportunities for the use of glycinates. The Asia-Pacific (APAC) is witnessing rapid growth in the glycinates market, with China and India being the major contributors. The expansion is attributed to rising meat consumption, growing health consciousness, and the burgeoning personal care industry in the region. Additionally, the region's large agricultural sector provides ample opportunities for glycinate application in enhancing crop yields and soil health. European countries have stringent regulations regarding feed additives and personal care ingredients, which has led to the adoption of high-quality glycinates. The presence of well-established healthcare systems and growing consumer awareness about health and nutrition aid the European market's expansion. The Middle Eastern and African markets are still developing, with the potential influenced by economic diversification efforts and the increasing availability of personal care products.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Glycinates Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Glycinates Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Glycinates Market, highlighting leading vendors and their innovative profiles. These include A B Enterprises, Aditya Chemicals, Ajinomoto Co., Inc., Balchem Inc., BASF SE, Chaitanya Biologicals Pvt. Ltd, Clariant AG, Colonial Chemical Inc., Galaxy Surfactants Limited, Innospec, JH Biotech Inc., Jost Chemical Co., Novotech Nutraceuticals, Inc., Pat Impex Private Limited, PHARMAVIT ApS, Shijiazhuang Donghua Jinlong Chemical Industry Co., Ltd., Sino Lion USA, Solvay S.A., Suchem Industries, Surface Chemical Industry Co. Ltd., and UNO VETCHEM.

Market Segmentation & Coverage

This research report categorizes the Glycinates Market to forecast the revenues and analyze trends in each of the following sub-markets:

Form
- Dry
- Liquid

Type
- Calcium Glycinate
- Copper Glycinate
- Magnesium Glycinate
- Manganese Glycinate
- Sodium Glycinate
- Zinc Glycinate

Application
- Feed Additives
- Food Additives
- Personal Care Products
- Pharmaceuticals & Nutraceuticals

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Glycinates Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Glycinates Market?

3. What are the technology trends and regulatory frameworks in the Glycinates Market?

4. What is the market share of the leading vendors in the Glycinates Market?

5. Which modes and strategic moves are suitable for entering the Glycinates Market?

Product Code: MRR-43539E5D2BD6

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Rising health consciousness among consumers and the increasing demand for mineral-enriched dietary supplements
  - 5.1.1.2. Growing application of glycinates in the animal feed sector
- 5.1.2. Restraints
  - 5.1.2.1. Fluctuating raw material prices
- 5.1.3. Opportunities
  - 5.1.3.1. Innovations in new glycinate-based formulations
  - 5.1.3.2. Emerging applications of glycinate-looping processes for biogas upgrading
- 5.1.4. Challenges
  - 5.1.4.1. Availability of substitute products and adverse effects associated with glycinates
5.2. Market Segmentation Analysis
- 5.2.1. Form: Expanding usage of dry glycinates as it provides stability in various environmental conditions
- 5.2.2. Type: Increasing demand for magnesium glycinate due to its renowned in muscle relaxation and stress reduction
- 5.2.3. Application: Growing potential of glycinates in personal care products as an alternative to harsher chemicals
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Glycinates Market, by Form

6.1. Introduction
6.2. Dry
6.3. Liquid

7. Glycinates Market, by Type

7.1. Introduction
7.2. Calcium Glycinate
7.3. Copper Glycinate
7.4. Magnesium Glycinate
7.5. Manganese Glycinate
7.6. Sodium Glycinate
7.7. Zinc Glycinate

8. Glycinates Market, by Application

8.1. Introduction
8.2. Feed Additives
8.3. Food Additives
8.4. Personal Care Products
8.5. Pharmaceuticals & Nutraceuticals

9. Americas Glycinates Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Glycinates Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Glycinates Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
- 12.3.1. Trace Minerals to Debut Seven New Products at Natural Products Expo East
- 12.3.2. Planet Organic Launches Own-Brand Supplements Line
12.4. Strategy Analysis & Recommendation

13. Competitive Portfolio

13.1. Key Company Profiles
13.2. Key Product Portfolio