Glycinates Market Size, share 2019, Trend, Global Analysis, Key Players Strategy and Forecast to 2023

11/mar/2019 15:19:27 Pradeep Z Contatta l'autore

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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.

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The major players in the glycinates market

  • 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)
  • 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. Among all, the magnesium glycinate segment is dominating the market.

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 product applicability including food, beverages, feed, supplements, and others.

Based on the application, it is segmented into foods, beverages, nutraceuticals, animal feed, and others. Among all, the feed segment is dominating the market.

The global glycinates market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). The North American region is dominating the glycinates market followed by Europe. Increased demand for feed & food additives in the developed countries such as the U.S., the U.K, Germany and France has uplifted the glycinates market. Furthermore, the major key players are continuously involved in R&D activities to come up with new & enhanced products for wide range applicability.

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Market Research Future published a half cooked research report on the global glycinates market, which is estimated to grow at a CAGR of 5.5% during the forecast period, 2017-2023.

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