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Glycinates Market Trends

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

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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.

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.