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Glycinates Market Size By Type (Magnesium Glycinate, Calcium Glycinate, Zinc Glycinate, Iron Glycinate, Copper Glycinate, Manganese Glycinate, Sodium Glycinate), By Application, Form & Global Forecast, 2023 - 2032

  • Report ID: GMI5192
  • Published Date: Feb 2023
  • Report Format: PDF

Glycinates Market Size

Glycinates Market size crossed USD 1 billion in 2022 and is anticipated to record over 6.5% CAGR from 2023 to 2032.
 

Glycinates Market

To understand key trends  

Surging consumption of dietary supplements, particularly across developed countries such as the U.S. and Canada is expected to spur the glycinates market demand. In recent years, the prevalence of mineral deficiencies has increased substantially due to the adoption of fast-paced lifestyles, excessive consumption of low-nutrition junk foods, and alcohol consumption. For instance, according to recent research, the increasing incidences of inflammatory bowel disease (IBD) showcase high susceptibility to zinc deficiency. Nearly 50% of newly diagnosed celiac disease cases are prone to zinc deficiency caused by mucosal inflammation and zinc malabsorption, emphasizing the need for supplements, such as zinc glycinates.
 

Additionally, the growing consumption of meat and meat products and the deployment of very strict food safety regulations pertaining to meat quality will positively affect the industry outlook. According to the Food & Agriculture Organization (FAO), global meat production is set to exceed 360 million tons in 2022, owing to increasing meat output estimated across China, Australia, Brazil, and Vietnam.
 

Glycinates Market Trends

The dearth of awareness regarding the benefits of consuming health supplements, and fortified food and beverages in developing and underdeveloped nations could restrain the glycinates market expansion. Moreover, several countries lack a robust healthcare infrastructure, compromising access to fortified and value-added food products. The populace across these economies is also facing affordability challenges, thus restricting the sales of dietary supplements. However, the rising number of initiatives aimed at boosting awareness and spreading information about the importance of nutrition and health will help overcome the current industry limitations.
 

Glycinates Market Analysis

Glycinates market Share, By Product

To understand key trends  

The glycinates market size from calcium glycinate segment is projected to expand at 7.5% CAGR through 2032. Calcium glycinate monohydrate is gaining significant momentum as it is increasingly used in the treatment of calcium deficiencies that can lead to osteoporosis. The rising prevalence of bone degenerative disorders and musculoskeletal diseases is also expected to accelerate the consumption of calcium glycinate products. For instance, according to the World Health Organization (WHO), musculoskeletal conditions affect more than 1.7 billion people worldwide and are a leading cause of disability. Additionally, calcium glycinate is emerging as a popular treatment for regulating blood pressure, muscle contractions, and patients with celiac disease.
 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of glycinates was reached USD 1 billion in 2022 and is anticipated to record over 6.5% CAGR from 2023-2032.
The calcium glycinate segment is projected to exhibit over 7.5% CAGR between 2023-2032, due to increasing consumption to limit musculoskeletal diseases.
The market size for glycinates in Asia Pacific is poised to reach USD 450 million by the end of 2032, driven by surging meat consumption in countries, such as China.
BASF, Solvay, Aditya Chemicals, Dunstan Nutrition, Pancosma SA, Clariant, Pharmavit, Innospec, UNO VETCHEM, PAT IMPEX Chemicals India are some of the leading producers and suppliers of glycinate.

Glycinates Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 11
  • Tables & Figures: 252
  • Countries covered: 20
  • Pages: 350
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