Glycinates Market 2022-2028

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Title:Global Glycinates Market Size, Share & Trends Analysis Report, By Type (Magnesium Glycinate, Calcium Glycinate, Zinc Glycinate, Iron Glycinate, Copper Glycinate, Manganese Glycinate, and Sodium Glycinate), By Application (Animal Feed, Pharmaceutical/Nutraceutical, Food & Beverage, and Cosmetics & Personal Care), By Form (Dry and Liquid), Forecast Period (2022-2028).

The global glycinates market is expected to grow at a CAGR of 6.5% during the forecast period. The increasing consumption of dietary supplements owing to the rising incidence of mineral deficiency is one of the major factors propelling the demand for glycinates. Glycinates are also used as dietary supplements to improve the immune system and overall health and strengthen the bones in old age. According to the Centers for Disease Control and Prevention (CDC), iron is a leading cause of anemia which is defined as low hemoglobin concentration. Around 2.5 million maternal mortalities happen across the globe, and anemia affects 40% of children younger than 5 years of age and 30% of pregnant women across the globe. Iron glycinates have been significantly used in food products to fortify food and beverages and increase their overall nutritional value. Therefore, the rising incidences of iron deficiency are contributing to the growth of the market.

The global glycinates market is segmented based on type, application, and form. Based on the type, the market is segmented into magnesium glycinate, calcium glycinate, zinc glycinate, iron glycinate, copper glycinate, manganese glycinate, and sodium glycinate. Based on the application, the market is segmented into animal feed, pharmaceutical/nutraceutical, food & beverage, and cosmetics & personal care. Based on form, the market is segmented into dry and liquid. The above-mentioned segments can be customized as per the requirements. Based on the form, the liquid glycinates segment is anticipated to hold a significant share in the market as liquid glycinates are easy to mix and blend with different ingredients and therefore, they are highly used in cosmetics and personal care products such as shampoo, shower gel, and hand wash. Thus, the rising demand for glycinate-based products increases the demand for liquid-based glycinates.

The global glycinates market is further segmented based on geography including North America (the US and Canada), Europe (UK, Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa and Latin America). The market can be analyzed for a particular region or country level as per the requirement. Asia-Pacific is anticipated to hold a considerable share in the global glycinates market during the forecast period, owing to the increasing livestock production, which in turn, is increasing the demand for glycinates in the region. According to the Observatory of Economic Complexity (OEC), in 2020 China exported $156 million in eggs, making it the 9th largest exporter of eggs in the world. This shows the increasing demand for quality eggs which is expected to boost the demand for glycinate for poultry feed in the region.

The major companies serving the global glycinates market include Ajinomoto Co., Inc., Clariant International Ltd., Solvay SA, BASF SE, and Novotech Nutraceuticals, Inc. The market players are contributing to the market growth by the adoption of various strategies including mergers and acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in January 2022, OHMG Brands Ltd. Launched a magnesium-enriched water drink, which contains three forms of magnesium for various health benefits such as tiredness and fatigue, anxiety and depression, also for asthma, high blood pressure, and muscle cramps.

Research Methodology

The market study of the global glycinates market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to break down the market into various segments, and derive the total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include:

Financial reports of companies involved in the market.

Whitepapers, research papers, and news blogs.

Company websites and their product catalog.

The report provides an in-depth analysis of the market size and the intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

Global Glycinates Market Research and Analysis by Type
Global Glycinates Market Research and Analysis by Application
Global Glycinates Market Research and Analysis by Form

The Report Covers:

Comprehensive research methodology of the global glycinates market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global glycinates market.
Insights about market determinants that are stimulating the global glycinates market.
Detailed and extensive market segments with the regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.

Product Code: OMR2026853

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
Recovery Scenario of Global Glycinates Market
1.1. Research Methods and Tools
1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. By Region

2. Market Overview and Insights

2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis
- 3.1.1. Ajinomoto Co., Inc.
  - 3.1.1.1. Overview
  - 3.1.1.2. Financial Analysis
  - 3.1.1.3. SWOT Analysis
  - 3.1.1.4. Recent Developments
- 3.1.2. Clariant International Ltd.
  - 3.1.2.1. Overview
  - 3.1.2.2. Financial Analysis
  - 3.1.2.3. SWOT Analysis
  - 3.1.2.4. Recent Developments
- 3.1.3. Solvay SA
  - 3.1.3.1. Overview
  - 3.1.3.2. Financial Analysis
  - 3.1.3.3. SWOT Analysis
  - 3.1.3.4. Recent Developments
- 3.1.4. BASF SE
  - 3.1.4.1. Overview
  - 3.1.4.2. Financial Analysis
  - 3.1.4.3. SWOT Analysis
  - 3.1.4.4. Recent Developments
- 3.1.5. Novotech Nutraceuticals, Inc.
  - 3.1.5.1. Overview
  - 3.1.5.2. Financial Analysis
  - 3.1.5.3. SWOT Analysis
  - 3.1.5.4. Recent Developments
3.2. Key Strategy Analysis

4. Market Segmentation

4.1. Global Glycinates Market by Type
- 4.1.1. Magnesium Glycinate
- 4.1.2. Calcium Glycinate
- 4.1.3. Zinc Glycinate
- 4.1.4. Iron Glycinate
- 4.1.5. Copper Glycinate
- 4.1.6. Manganese Glycinate
- 4.1.7. Sodium Glycinate
4.2. Global Glycinates Market by Application
- 4.2.1. Animal Feed
- 4.2.2. Pharmaceutical/Nutraceutical
- 4.2.3. Food & Beverage
- 4.2.4. Cosmetics & Personal Care
4.3. Global Glycinates Market by Form
- 4.3.1. Dry
- 4.3.2. Liquid

5. Regional Analysis

5.1. North America
- 5.1.1. United States
- 5.1.2. Canada
5.2. Europe
- 5.2.1. UK
- 5.2.2. Germany
- 5.2.3. Italy
- 5.2.4. Spain
- 5.2.5. France
- 5.2.6. Rest of Europe
5.3. Asia-Pacific
- 5.3.1. China
- 5.3.2. India
- 5.3.3. Japan
- 5.3.4. South Korea
- 5.3.5. Rest of Asia-Pacific
5.4. Rest of the World

6. Company Profiles

6.1. Aditya Chemicals Pvt Ltd.
6.2. Albion Laboratories Ltd.
6.3. Aliphos Belgium SA
6.4. Dunstan Nutrition Ltd.
6.5. Galaxy Surfactants Ltd.
6.6. Innospec Inc.
6.7. Pancosma SA
6.8. Schaumann GmbH & Co. KG.
6.9. Shijiazhuang Donghua Jinlong Chemical Co Ltd.