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Global Glycinates Market Size, Share and Industry Analysis Report by Type (Magnesium Glycinate, Calcium Glycinate, Zinc Glycinate, Iron Glycinate, Copper Glycinate, Manganese Glycinate, Sodium Glycinate), Application (Animal Feed, Pharmaceutical/Nutraceutical, Food & Beverage, Cosmetics & Personal Care) and Form (Dry, Liquid), Regional Outlook, Competitive Market Share & Forecast, 2021 – 2027

  • Report ID: GMI5192
  • Base Year: 2020
  • Report Format: PDF

Industry Overview

Global glycinates market size exceeded USD 945 million in 2020 and is estimated to grow at a CAGR of over 5.5% between 2021 and 2027. Increasing consumption of dietary supplements coupled with rising livestock farming should drive the demand for additives and accelerate market growth over the forecast period.
 

glycinates market outlook

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Glycinate is an alpha-amino-acid anion which is the conjugate base of glycine, occurring from deprotonation of the carboxyl group. It is used for various applications owing to its medicinal properties. It is used as an animal feed additive to enhance the yield & quality of feed which in turn ensures improved animal health & performance. Increasing initiatives of government to provide financial support to livestock breeders is anticipated to boost the glycinates market in the forecast period.
 

Rise in focus of companies on animal feed sector owing to increased opportunities in the meat and dairy industries is some of the major factors for the consumption of glycinates in animal feed. Furthermore, increasing inclusion of various ingredients in animal feed by manufacturers to fortify the products and improve the quality of meat and meat products has further raised the demand for glycinates in the foreseeable timeframe.
 

Glycinates are also used as dietary supplements to enhance the immune system as well as strengthen the bones in old age. The key factors propelling this market growth are boosting demand for healthy and natural food additives in the pharmaceuticals and nutraceuticals industry as well as increasing awareness among consumers about skincare products that contains natural ingredients such as magnesium glycinate.
 

Increasing cases of osteoporosis should stimulate the demand for calcium glycinate type

  glycinates market by calcium type

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The calcium glycinate type is anticipated to register highest CAGR of over 6% over the projected period and reach USD 205 million by 2027. Calcium helps to maintain & build a strong skeletal structure and plays a vital role in cell-signalling pathways as a messenger throughout the body.  Thus, calcium deficiency can cause many hazardous effects such hormone secretion, osteomalacia and blood coagulation. to the body.  Thus, increasing incidence of calcium deficiency should boost the demand for calcium tablets.
 

Calcium glycinate is used to treat and prevent osteoporosis owing to which it is witnessing high demand among elderly consumers as it strengthens bones & teeth and enhances the overall health. Calcium glycinate is also as cosmetic agents in many formulations for skin moistening. This factor is increasing its demand in cosmetics & personal care application and should propel the glycinates market share over the forecast period.
 

Rising spending on dietary supplements to avoid hefty healthcare expenses is increasing the demand for pharmaceutical/nutraceutical application

glycinates market by application

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Pharmaceutical/nutraceutical application segment surpassed USD 345 million in 2020 and is anticipated to register the highest CAGR of over 6% through 2027. Increasing healthcare costs is raising the demand for nutraceuticals to maintain a good health and immune system. Rising cases of deficiency such as iron deficiency and calcium deficiency are propelling its demand in the pharmaceutical sector.
 

Increasing awareness of basic dietary supplements coupled with its rising availability across the globe and increasing focus on health and changing lifestyle of consumers are playing a major role to boost the business growth. Rising per capita income and willingness of consumers to spend money on nutraceuticals to have a healthy life is further propelling the glycinates market growth in this segment.
 

After the outbreak of COVID-19 pandemic, the demand for dietary supplements has surged. Supplements boosting overall health and immunity has witnessed high demand coupled with change in consumer behavior and their buying patterns. Furthermore, dietary supplements are also playing a key role in post COVID-19 recovery which has resulted in high demand.
 

Increasing awareness and acceptance of glycinates in liquid personal care products is anticipated to propel the demand for liquid form

glycinates market by liquid form

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The global liquid glycinates market should surpass USD 355 million by 2027 with a CAGR of over 5.%. Liquid glycinates are easy to mix and blend with different ingredients owing to this they are highly used in cosmetics & personal care products such as shower gel, shampoo, and hand wash. Thus, rising demand for glycinate based moisturisers and lotions is forecasted to increase the demand for liquid glycinates.
 

Liquid glycinates are also used in food & beverages to improve the texture of the final product. However, liquid glycinates have shorter shelf life compared to dry form and have a high risk of spilling while transporting owing to which extra care needs to be taken, which may increase the expenses for the manufacturers.
 

Growth in processed meat industry coupled with increasing dietary supplement consumption will boost the market growth in North America

  glycinates market by region

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North America glycinates market is poised to surpass USD 420 million by 2027 owing to the increasing investments in research and development for product innovations in the industrial livestock business. Presence of various food chains and fast service restaurants has led to upsurge in meat and meat products consumption in this region. Thus, rising demand for high quality meat products to meet increasing canned & frozen food consumption is projected to favor the market growth.
 

Canada and the U.S. are the major bases for beef production in North America owing to high domestic meat consumption. Significant regulatory pressure regarding food safety as well as animal welfare should boost feed additives demand in the region. Poultry is one of the major livestock sectors consuming animal feed in the region owing to rising poultry meat consumption for high protein intake. Thus, presence of large number of players coupled with strong support by government for livestock industry is estimated to propel the glycinates market expansion.
 

The U.S. holds the major market share in the region owing to high demand for animal feed along with growing dietary supplement consumption. Rising demand for functional food & beverages to boost the overall health among youngsters is further propelling the glycinates market value. Increasing household expenses on nutritional products post the COVID-19 outbreak is raising the demand for nutraceuticals in the region.
 

Strategic agreements & product launches to remain key business strategies among market players

The global glycinates industry is competitive and comprises players such as Solvay, BASF SE, Aditya Chemicals, Pancosma SA, Dunstan nutrition, Clariant, Innospec, Pharmavit, and Jost Chemical Co. The glycinates market competitiveness is estimated to increase over the forecast period as the key players are focusing on various strategies such as agreements and product innovation for various applications. Moreover, rising product awareness and acceptance among consumers is also expected to propel the market growth.
 

Global glycinates market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million, and Volume in Kilo Tons 2021 to 2027 for the following segments:

By Type

  • Magnesium glycinate
  • Calcium glycinate
  • Zinc glycinate
  • Iron glycinate
  • Copper glycinate
  • Manganese glycinate
  • Sodium glycinate
  • Others

By Application

  • Animal feed
  • Pharmaceutical/nutraceutical
  • Food & beverage
  • Cosmetics & personal care
  • Others

By Form

  • Dry
  • Liquid

The above information has been provided for the following countries:

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Spain
    • UK
    • Italy
    • Russia
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
    • Australia
    • Vietnam
  • Latin America
    • Brazil
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE

 

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

Global glycinates market is slated to surpass $1,360 million by 2027 and is expected to expand at a CAGR of 5.5% from 2021 to 2027 driven by the soaring consumption of dietary supplements and increasing livestock farming.

Calcium glycinates market value is set to record a CAGR of 6% through 2027 considering the growing product usage as cosmetic agents for skin moistening.

North America glycinates market share is slated to exceed USD 420 million by 2027 owing to rising investments in research and development for product innovations across the industrial livestock business.

Major companies across the glycinates market comprise Dunstan nutrition, BASF SE, Clariant, Jost Chemical Co., Pancosma SA, Solvay, Innospec, Aditya Chemicals, and others.?

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Premium Report Details

  • Published Date: Jan 2022
  • Companies covered: 11
  • Tables & Figures: 252
  • Countries covered: 20
  • Pages: 300

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