The global glycinates market is projected to grow at a CAGR of 4.96% during the forecast period, reaching a total market size of US$1,230.945 million in 2025 from US$920.443 million in 2019.
Growing demand for supplements and cosmetics and personal care products is one of the major driving factors behind the growth of the glycinates market. While rising demand for chelated minerals in food additives is also escalating the use of glycinates as additives across food applications which, in turn, is positively impacting the overall global glycinates market growth. Moreover, growing restrictions on the use of antibiotics and increasing demand for glycinates as supplements in livestock feed will continue to bolster the glycinates market during the forecast period.
The glycinate market has been segmented on the basis of type, form, application, and geography. In the type segment, magnesium glycinate will hold a significant share due to increasing awareness regarding magnesium. In the application segment, pharmaceuticals along with feed additives will boost the glycinate market on account of the increasing application of glycinate in various medical and food products. Geographically, North America holds a significant market share due to a huge feed production market coupled with high demand for dietary supplements.
Rising demand for glycinates from the healthcare sector.
The continuous growth of the personal care industry.
High R&D costs.
The major players profiled in the glycinates market include BASF SE, Albion Laboratories Inc., Galaxy Surfactants Ltd., American elements, Stepan Company, Clariant, Novotech Nutrition, and SpecialChem among others.
|Market size value in 2019||US$920.443 million|
|Market size value in 2025||US$1,230.945 million|
|Growth Rate||CAGR of 4.96% from 2019 to 2025|
|Forecast Unit (Value)||USD Million|
|Segments covered||Type, Form, Application, And Geography|
|Regions covered||North America, South America, Europe, Middle East and Africa, Asia Pacific|
|Companies covered||BASF SE, Albion Laboratories Inc., Galaxy Surfactants Ltd., American elements, Stepan Company, Clariant, Novotech Nutrition, SpecialChem, Union Agricore Holding AG, Shijiazhuang Donghua Jinlong chemical co. ltd., Chaitanya Agro Biotech Pvt. Ltd.|
|Customization scope||Free report customization with purchase.|
The glycinates market has been analyzed through the following segments:
Frequently Asked Questions (FAQs)
Albion Laboratories Inc.
Galaxy Surfactants Ltd.
Union Agricore Holding AG
Shijiazhuang Donghua Jinlong chemical co. ltd.
Chaitanya Agro Biotech Pvt. Ltd.
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