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Global Glycinates Market Size, Share & Recession Impact Analysis, By Type (Magnesium Glycinate, Zinc Glycinate, Calcium Glycinate, Copper Glycinate, Manganese Glycinate and Sodium Glycinate), By Form (Dry and Liquid), By Application (Pharmaceuticals/Nutraceuticals, Food Additives, Feed Additives and Personal Care Products), and Regional Forecasts, 2023-2030

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The global glycinates market size was valued at USD 1.1 billion in 2022. The market is projected to grow from USD 1.1 billion in 2022 to USD 1.7 billion by 2030, exhibiting a CAGR of 6.20% during the forecast period.
 
One of the key reasons propelling the growth of the glycinates market is the rise in demand for nutritious food products around the world. Businesses specialising in the creation and distribution of manganese glycinate, which can treat consumer deficiencies and raise knowledge of precision nutrition practises, speed up market expansion. The market is also influenced by the rise in mineral deficiencies among people as a result of unbalanced lifestyles and increased demand from the supplement and preventive healthcare product sectors. Moreover, the market for glycinates is positively impacted by rapid urbanisation, changing consumer lifestyles, rising disposable income, expanding populations, and the feed and personal care industries.
 
RECESSION IMPACT

The specifics and extent of the economic crisis would determine how the glycinates market would be affected. Consumers may be less willing to spend money on nutritional supplements, cosmetics, and speciality foods during a recession. This can result in a decline in the demand for glycinate products across many industries. Furthermore, the availability of glycinate products could be impacted if the recession causes a severe halt in manufacturing and production. The production of glycinate products could need to be reduced, and manufacturers might need to postpone the introduction of new items.
 
DRIVING FACTORS

Increased Demand for Nutritional Supplements to Drive Market Growth

In recent years, the demand for nutritional supplements has increased, and glycinate products have become a common element in many supplements. Many people are attempting to preserve their health and well-being through a better lifestyle, which includes correct eating and exercise. As a result, there is more interest in using dietary supplements to make up for dietary deficiencies and promote general health. The world's population is also getting older, and many older persons may find it challenging to receive enough nutrients from their diets alone. Glycinates supplements that can support healthy ageing are in high demand as a result of this. Furthermore, consumers are becoming increasingly aware of the possible advantages of dietary supplements that contain particular nutrients as more research on the health benefits of those nutrients is conducted. For instance, studies on magnesium glycinate have revealed that it can help with anxiety reduction and sleep quality improvement, which has increased demand for magnesium glycinate supplements.
 
RESTRAINING FACTORS

Trace Element Supply Issues That Impede Market Growth

Glycinate contains a variety of trace elements, including zinc, magnesium, copper, and others. These trace elements have a significant supply risk because of their availability and complex components. The status of various trace elements, their capacity to form chemical bonds, their dosage, and other factors all affect how bioavailable a substance is. In some situations, it might be challenging for both animals and people to absorb these trace minerals following administration. Animals' intestinal intake capacity declines with age, and in humans, it declines with increased stress, which makes it difficult to absorb trace elements and restricts the usage of glycinate among consumers. The global glycinates market's revenue growth is anticipated to be constrained by these factors.
 
SEGMENTATION

By Type

Global Glycinates Market By type

Based on type, the glycinates market is segmented into magnesium glycinate, zinc glycinate, calcium glycinate, copper glycinate, manganese glycinate and sodium glycinate. The magnesium glycinate category dominated the market in 2022. Due to its relaxing qualities, magnesium glycinate is popular among people who work since it treats depression, insomnia, and anxiety. These tablets help treat a predisposition for low levels of magnesium in the blood. According to studies, there are magnesium deficits in about 50% of Americans. The fact that so many more people worldwide suffer from these inadequacies is anticipated to fuel the segment's sales growth.
 
By Form

Based on form, the glycinates market is segmented into dry and liquid. The dry category dominated the market in 2022. Glycinate in dry form has a number of advantages, such as ease of use and cheaper prices, which are increasing demand for this form in various health beverages and nutritional food supplements. Different solutions readily absorb glycinate in its dry state. Due to its increased shelf life, this form is also utilised in a variety of medicinal goods and food additives. Dry form is therefore anticipated to contribute to an increase in sales growth.
 
By Application

Based on application, the glycinates market is segmented into pharmaceuticals/nutraceuticals, food additives, feed additives and personal care products. The pharmaceuticals/nutraceuticals category dominated the market in 2022. The use of glycinates in pharmaceuticals is being supported by increased demand in the complementary and preventive healthcare sectors as well as growing concern for personal care. Furthermore, expanding mineral deficiency cases caused by an imbalanced lifestyle and increasing consumer interest in nutrition practises are encouraging consumption of glycinate-based health beverages, which is anticipated to fuel market revenue growth.
 
REGIONAL INSIGHTS

Global Glycinates Market By Region

North America is projected to hold the largest share of the glycinates market over the forecast period since the market there is the greatest for animal feed. Glycinates are required by animal feed products in significant quantities, which increases the region's market share. Due to the expanding meat and beef industries in the United States, the food additive industry is expanding. Furthermore, 50% of people report being sleep deprived and 94% of people reported experiencing stress at work, which is predicted to raise the need for glycinate in the market. On the other hand, the Asia Pacific glycinates market is anticipated to grow significantly as a result of expanding uses in the personal care industry. The need for excellent formulations and personal care portfolios will increase as a result of increased disposable incomes and consumers' increasing propensity for high-end cosmetic and beauty products, providing profitable opportunities for personal care makers.
 
LIST OF KEY COMPANIES PROFILED:
  • BASF (Germany)
  • Solvay (Belgium)
  • Ajinomoto (Japan)
  • Clariant (Switzerland)
  • Albion Laboratories (US)
  • Aditya Chemicals (India)
  • Pancosma SA (Switzerland)
  • Dunstan nutrition (New Zealand)
  • Innospec (US)
  • Pharmavit (Netherlands)
  • Jost Chemical Co. (US)
  • Galaxy Surfactants (India)
  • Schaumann (Germany)
  • Shijiazhuang Donghua Jinlong Chemical (China)
  • Aliphos (Belgium)
 
Recent Development:
  • In March 2022, Trio Nutrition has announced the release of Magximum, the world's first magnesium supplement, which contains Magnesium Glycinate, Vitamin D3, and MCT Oil Powder with Vitamin K2 for promoting deep sleep, pain relief, and stress relief. These products are attracting customers and expanding the market.
REPORT SCOPE AND SEGMENTATION
 
Attributes Details
Market Size in 2022 USD 1.1 Billion
Market Forecast in 2030 USD 1.7 Billion
Compound Annual Growth Rate 6.20 %
Unit Revenue (USD Million) and Volume (Kilo Tons)
Segmentation By Type, By Form, By Application and By Geography
By Type
  • Magnesium Glycinate
  • Zinc Glycinate
  • Calcium Glycinate
  • Copper Glycinate
  • Manganese Glycinate
  • Sodium Glycinate
By Form
  • Dry
  • Liquid
By Application
  • Wrap Less
  • Glass Fiber
  • Aramid Fiber
  • Carbon Fiber
  • Others
By Region
  • North America: U.S and Canada
  • Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe
  • APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific
  • Latin America: Brazil, Argentina, Chile
  • The Middle East And Africa: South Africa, GCC, Rest of MEA
Base Year 2022
Historical Year 2016-2021
Forecast Year 2023-2030
Chapter 1    Preface

    1.1    Report Scope and Description
        1.1.1    Study Purpose
        1.1.2    Target Audience
        1.1.3    USP and Key Offerings
    1.2    Key Benefits for Stakeholders
    1.3    Report Scope

Chapter 2    Report Summary

    2.1    Key Findings
        2.1.1    Top Investment Pockets
    2.2    Market Snapshot: Glycinates Market
    2.3    Glycinates Market, 2019 – 2030 (US$ Mn)

Chapter 3    COVID 19 Impact Analysis

    3.1    Impact Assessment of COVID-19 Pandemic, By Region
        3.1.1    North America: Impact of COVID-19 Pandemic
        3.1.2    Europe: Impact of COVID-19 Pandemic
        3.1.3    Asia pacific: Impact of COVID-19 Pandemic
        3.1.4    Latin America: Impact of COVID-19 Pandemic
        3.1.5    Middle-East and Africa: Impact of COVID-19 Pandemic
    3.2    Key Strategies Undertaken by Companies to Tackle COVID-19
    3.3    Quarterly Market Revenue by Region 2021 & 2023
    3.4    Pre COVID-19 Market Revenue, By Region, 2016-2019        (USD Million)
    3.5    Post COVID-19 Market Revenue, By Region, 2020-2030 (USD Million)
    3.6    Short Term Dynamics
    3.7    Long Term Dynamics

Chapter 4    Glycinates Market, By Type Segment Analysis

    4.1    Powder Compacting Pressers Market Overview, By Type Segment
        4.1.1    Glycinates Market Revenue Share, By Type, 2023 & 2030 (Value, %)
    4.2    Magnesium Glycinate
        4.2.1    Powder Compacting Pressers Share Forecast, By Region (USD Million)
        4.2.2    Comparative Revenue Analysis, By Country, 2021 & 2030
        4.2.3    Key Market Trends, Growth Factors, & Opportunities
    4.3    Zinc Glycinate
        4.3.1    Powder Compacting Pressers Share Forecast, By Region (USD Million)
        4.3.2    Comparative Revenue Analysis, By Country, 2021 & 2030
        4.3.3    Key Market Trends, Growth Factors, & Opportunities
    4.4    Calcium Glycinate
        4.4.1    Powder Compacting Pressers Share Forecast, By Region (USD Million)
        4.4.2    Comparative Revenue Analysis, By Country, 2021 & 2030
        4.4.3    Key Market Trends, Growth Factors, & Opportunities
    4.5    Copper Glycinate
        4.5.1    Powder Compacting Pressers Share Forecast, By Region (USD Million)
        4.5.2    Comparative Revenue Analysis, By Country, 2021 & 2030
        4.5.3    Key Market Trends, Growth Factors, & Opportunities
    4.6    Manganese Glycinate
        4.6.1    Powder Compacting Pressers Share Forecast, By Region (USD Million)
        4.6.2    Comparative Revenue Analysis, By Country, 2021 & 2030
        4.6.3    Key Market Trends, Growth Factors, & Opportunities
    4.7    Sodium Glycinate
        4.7.1    Powder Compacting Pressers Share Forecast, By Region (USD Million)
        4.7.2    Comparative Revenue Analysis, By Country, 2021 & 2030
        4.7.3    Key Market Trends, Growth Factors, & Opportunities
        
Chapter 5    Glycinates Market, By Form Segment Analysis

    5.1    Powder Compacting Pressers Market Overview, By Form Segment
        5.1.1    Glycinates Market Revenue Share, By Form, 2023 & 2030 (Value, %)
    5.2    Dry
        5.2.1    Powder Compacting Pressers Share Forecast, By Region (USD Million)
        5.2.2    Comparative Revenue Analysis, By Country, 2023 & 2030
        5.2.3    Key Market Trends, Growth Factors, & Opportunities
    5.3    Liquid
        5.3.1    Powder Compacting Pressers Share Forecast, By Region (USD Million)
        5.3.2    Comparative Revenue Analysis, By Country, 2023 & 2030
        5.3.3    Key Market Trends, Growth Factors, & Opportunities

Chapter 6    Glycinates Market, By Application Segment Analysis

    6.1    Powder Compacting Pressers Market Overview, By Application Segment
        6.1.1    Glycinates Market Value Share, By Application, 2021 & 2030 (Value, %)
    6.2    Wrap Less
        6.2.1    Powder Compacting Pressers Share Forecast, By Region (USD Million)
        6.2.2    Comparative Revenue Analysis, By Country, 2023 & 2030
        6.2.3    Key Market Trends, Growth Factors, & Opportunities
    6.3    Glass Fiber
        6.3.1    Powder Compacting Pressers Share Forecast, By Region (USD Million)
        6.3.2    Comparative Revenue Analysis, By Country, 2023 & 2030
        6.3.3    Key Market Trends, Growth Factors, & Opportunities
    6.4    Aramid Fiber
        6.4.1    Powder Compacting Pressers Share Forecast, By Region (USD Million)
        6.4.2    Comparative Revenue Analysis, By Country, 2023 & 2030
        6.4.3    Key Market Trends, Growth Factors, & Opportunities
    6.5    Carbon Fiber
        6.5.1    Powder Compacting Pressers Share Forecast, By Region (USD Million)
        6.5.2    Comparative Revenue Analysis, By Country, 2023 & 2030
        6.5.3    Key Market Trends, Growth Factors, & Opportunities
    6.6    Medical
        6.6.1    Powder Compacting Pressers Share Forecast, By Region (USD Million)
        6.6.2    Comparative Revenue Analysis, By Country, 2023 & 2030
        6.6.3    Key Market Trends, Growth Factors, & Opportunities
    6.7    Others
        6.7.1    Powder Compacting Pressers Share Forecast, By Region (USD Million)
        6.7.2    Comparative Revenue Analysis, By Country, 2023 & 2030
        6.7.3    Key Market Trends, Growth Factors, & Opportunities
        
Chapter 7    Powder Compacting Pressers Market – Regional Analysis, 2023 – 2030

    7.1    Powder Compacting Pressers market Overview, by Region Segment
        7.1.1    Glycinates market Revenue Share, By Region, 2023 & 2030
        7.1.2    Glycinates Market Revenue, By Region, 2017 – 2030 (US$ Mn)
        7.1.3    Glycinates market Revenue, By Type, 2017 – 2030 (US$ Mn)
        7.1.4    Glycinates market Revenue, By Form, 2017 – 2030 (US$ Mn)
        7.1.5    Glycinates Market Revenue, By Application, 2017 – 2030 (US$ Mn)
    7.2    North America
        7.2.1    North America Powder Compacting Pressers Market Revenue, By Country, 2019 – 2030 (US$ Mn)
        7.2.2    North America Powder Compacting Pressers Market Revenue, By Type, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.2.3    North America Powder Compacting Pressers Market Revenue, By Form, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.2.4    North America Powder Compacting Pressers Market Revenue, By Application, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.2.5    U.S. Powder Compacting Pressers Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.2.6    Canada Powder Compacting Pressers Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.2.7    Mexico Powder Compacting Pressers Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
    7.3    Europe
        7.3.1    Europe Powder Compacting Pressers Market Revenue, By Country, 2019 – 2030 (US$ Mn)
        7.3.2    Europe Powder Compacting Pressers Market Revenue, By Type, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.3.3    Europe Powder Compacting Pressers Market Revenue, By Form, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.3.4    Europe Powder Compacting Pressers Market Revenue, By Application, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.3.5    Germany Powder Compacting Pressers Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.3.6    France Powder Compacting Pressers Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.3.7    U.K. Powder Compacting Pressers Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.3.8    Italy Powder Compacting Pressers Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.3.9    Spain Powder Compacting Pressers Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.3.10    Rest of Europe Powder Compacting Pressers Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
    7.4    Asia Pacific
        7.4.1    Asia Pacific Powder Compacting Pressers Market Revenue, By Country, 2019 – 2030 (US$ Mn)
        7.4.2    Asia Pacific Powder Compacting Pressers Market Revenue, By Type, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.4.3    Asia Pacific Powder Compacting Pressers Market Revenue, By Form, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.4.4    Asia Pacific Powder Compacting Pressers Market Revenue, By Application, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.4.5    China Powder Compacting Pressers Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.4.6    Japan Powder Compacting Pressers Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.4.7    India Powder Compacting Pressers Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.4.8    South Korea Powder Compacting Pressers Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.4.9    South-East Asia Powder Compacting Pressers Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.4.10    Rest of Asia Pacific Powder Compacting Pressers Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
    7.5    Latin America
        7.5.1    Latin America Powder Compacting Pressers Market Revenue, By Country, 2019 – 2030 (US$ Mn)
        7.5.2    Latin America Powder Compacting Pressers Market Revenue, By Type, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.5.3    Latin America Powder Compacting Pressers Market Revenue, By Form, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.5.4    Latin America Powder Compacting Pressers Market Revenue, By Application, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.5.5    Brazil Powder Compacting Pressers Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.5.6    Argentina Powder Compacting Pressers Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.5.7    Rest of Latin America Powder Compacting Pressers Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
    7.6    The Middle-East and Africa
        7.6.1    The Middle-East and Africa Powder Compacting Pressers Market Revenue, By Country, 2019 – 2030 (US$ Mn)
        7.6.2    The Middle-East and Africa Powder Compacting Pressers Market Revenue, By Type, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.6.3    The Middle-East and Africa Powder Compacting Pressers Market Revenue, By Form, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.6.4    The Middle-East and Africa Powder Compacting Pressers Market Revenue, By Application, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.6.5    GCC Countries Powder Compacting Pressers Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.6.6    South Africa Powder Compacting Pressers Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.6.7    Rest of Middle-East Africa Powder Compacting Pressers Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)

Chapter 8    Powder Compacting Pressers Market – Industry Analysis

    8.1    Introduction
    8.2    Market Drivers
        8.2.1    Driving Factor 1 Analysis
        8.2.2    Driving Factor 2 Analysis
    8.3    Market Restraints
        8.3.1    Restraining Factor Analysis
    8.4    Market Opportunities
        8.4.1    Market Opportunity Analysis
    8.5    Porter’s Five Forces Analysis
    8.6    PEST Analysis
    8.7    Regulatory Landscape
    8.8    Technology Landscape
    8.9    Value Chain Analysis

Chapter 9    Competitive Landscape

    9.1    Company Market Share Analysis – 2023
        9.1.1    Glycinates market: Company Market Share, 2023
        9.1.2    Glycinates Market: Company Market Share, 2023
    9.2    Strategic Developments
        9.2.1    Acquisitions & Mergers
        9.2.2    New Product Launch
        9.2.3    Regional Expansion
    9.3    Company Strategic Developments – Heat Map Analysis

Chapter 10    Company Profiles

    10.1    BASF (Germany)
        10.1.1    Company Overview
        10.1.2    Key Executives
        10.1.3    Product Portfolio
        10.1.4    Financial Overview
        10.1.5    Operating Business Segments
        10.1.6    Business Segment Performance
        10.1.7    Recent Developments
    10.2    Solvay (Belgium)
    10.3    Ajinomoto (Japan)
    10.4    Clariant (Switzerland)
    10.5    Albion Laboratories (US)
    10.6    Aditya Chemicals (India)
    10.7    Pancosma SA (Switzerland)
    10.8    Dunstan nutrition (New Zealand)
    10.9    Innospec (US)
    10.10    Pharmavit (Netherlands)
    10.11    Jost Chemical Co. (US)
    10.12    Galaxy Surfactants (India)
    10.13    Schaumann (Germany)
    10.14    Shijiazhuang Donghua Jinlong Chemical (China)
    10.15    Aliphos (Belgium)
    
Chapter 11    Research Methodology

    11.1    Research Methodology
    11.2    Phase I – Secondary Research
    11.3    Phase II - Data Modeling
        11.3.1    Company Share Analysis Model
        11.3.2    Revenue Based Modeling
    11.4    Phase III – Primary Research
    11.5    Research Limitations
        11.5.1    Assumptions
No Methodology
No Available