Glycinates Market Analysis, Trend, Growth, Sales, Forecast 2023

Increasing demand for dietary supplements and nutritive food & feed is one of the major factors contributing to the growth of the global glycinates market. Additionally, the increasing demand for functional food & beverage and high-performance feed products has surged the demand for glycinates at a global level. Glycinates are serving as an important additive in most of the food, beverage, supplements, and animal feed products. Availability of glycinates in various forms has influenced the demand from various industries apart from food & feed industry.

The mounting growth rate in the population with nutrient deficiency of zinc, copper, manganese, magnesium, calcium, sodium, and other essential nutrients in the developing countries is causing an increased demand for functional foods & beverages product; this has uplifted the demand for glycinates in the foods & beverages industry.

Additionally, improvement in the production process and development of improved products from the major key players are supporting the growth of the global glycinates market during the forecast period, 2017-2023.

Nov 2017, BASF has arrived into a Distribution Agreement with Avitech Nutrition Pvt. Ltd., a leader in the field of animal nutrition in India, with expertise in feed additives, especially vitamin and mineral premixes, to extend its organically-bound trace elements (glycinates) product offering to feed producers in South Asia.

Application of magnesium glycinates in the dietary supplements industry is experiencing a higher growth rate.

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Ajinomoto Co., Inc. (Japan), Clariant AG (Switzerland), Solvay SA (Belgium), BASF SE (Germany), NovoTech Nutraceuticals Inc. (U.S.), Dunstan Nutrition Ltd. (New Zealand), Shijiazhuang Donghua Jinlong Chemical Co Ltd. (China), Schaumann GmbH & Co. KG. (Germany), Aliphos Belgium SA/NV (Belgium), and Albion Laboratories, Inc. (U.S.)

The global glycinates market is segmented into type, form, and application.
Based on the type, it is segmented into zinc, copper, manganese, magnesium, calcium, sodium, and others. Based on the form, it is segmented into liquid, powder, and others. Among all, the powder segment holds the major market share due to its wide range of product applicability including food, beverages, feed, supplements, and others. Based on the application, it is segmented into foods, beverages, nutraceuticals, animal feed, and others.

Browse the market data and information spread across 110 pages with 25 data tables and 15 figures of the report Glycinates Market Research Report- Forecast till 2023 in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/glycinates-market-5546
The global glycinates market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). North America is dominating the glycinates market followed by Europe. The U.S. in the North American region is experiencing a high demand for glycinates in animal feed and dietary supplement products.

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