The glycinates market is expected to grow at a CAGR of 5.53%, reaching a market size of US$1,548.498 million in 2029 from US$1,062.347 million in 2022.
Glycinates are chelated minerals created when the amino acid lysine is bound with various minerals, such as magnesium, zinc, copper, manganese, and others. These chelated minerals are widely used as dietary supplements or as additives in food and drink.
Moreover, glycinates have been gaining popularity due to more people knowing about their health advantages and their high absorbability compared to some minerals. This is one reason why glycinates are manufactured. They are absorbed more easily in our bodies, so there is an assumption that they can be employed more effectively than others. On the other hand, they are believed to be mild and do not cause irritation, hence suitable even for individuals having problems with their stomach lining.
The demand for glycinates in personal care and cosmetic products is growing, and it is one of the major factors driving the global glycinates market growth over the forecast period. An increased number of mineral deficiency cases, coupled with companies focusing on developing and selling manganese glycinate that can cure the deficiency among consumers, is also a factor for the market's growth. Various health benefits and effectiveness associated with the consumption of glycinates are expected to create demand for glycinates in the pharmaceutical and nutraceutical industries. This will also drive the market growth during the forecast period.
The solid form of glycinates, known as dry glycinates, is widely utilized in the personal care, nutritional, and pharmaceutical industries. They are favoured when accurate dosage and long shelf life are crucial. Because it degrades less easily than liquid forms, the dry form is also preferred when stability is an issue. Aqueous solutions or suspensions known as liquid glycinates are commonly used because they are simple to incorporate into liquid-based products like drinks and liquid supplements. This form is frequently used when there are issues with the dry form's solubility or when quick absorption is preferred.
The demand for functional foods and nutritional products has been driven by consumer awareness of the necessity of living healthily. Glycinates are preferred for chelated mineral supplements because they are milder and better absorbed. They also have even better absorption and bioavailability than other mineral forms. This means they are used more often in several industries, including food, medicine, and animal nutrition.
In farming and agricultural enterprises, they are also utilized to provide chickens and cattle with the essential nutrients they need to grow. Numerous varieties of glycinate are distinguished, such as copper, zinc, calcium, magnesium, and so forth. Due to its increased bioabsorbability and wide range of uses in dietary supplements, magnesium glycinate is an essential component of the body's detoxification processes. Further, due to its calming properties, it is well-liked by working people as a treatment for anxiety, insomnia, and depression. The tendency for low blood magnesium levels can be treated with these tablets. Nearly 50% of Americans suffer from magnesium deficiency, according to studies. The segment's revenue is anticipated to rise as the number of people with these deficits increases globally.
Glycinates are crucial for many medicinal applications. Because of their remarkable bioavailability and non-toxic properties, they are highly sought after as active ingredients in drugs. They are also a vital part of dietary supplements because they have an extraordinary ability to increase the absorption of important minerals. Moreover, pharmaceutical companies use glycinates as a strategy for enhancing product efficiency. They can thereby add glycinates to drug and dietary supplement formulations and thus boost drugs’ potency, attracting many customers. The market has grown immensely due to the increased demand for glycinates in the pharmaceutical industry, dramatically increasing global production and sales.
They are important in preparing innumerable cosmetic products for their amazing skin-friendliness and gentleness, which is often admired. These versatile compounds ordinarily act as emulsifiers, conditioners, and surfactants in typical personal care products. Moreover, skincare products incorporate them to enhance the skin’s health by providing essential nutrients and support while increasing the ability of the skin to absorb minerals. Commonly, glycinates have become very popular in the cosmetics industry because customers are becoming more knowledgeable regarding the constituents of cosmetic products, and their need for secure, natural alternatives has increased. This implies that the entrance of these chemicals into the product lines of numerous cosmetics companies has significantly escalated the need for glycinates in international market spheres. Companies in the cosmetics industry have found it beneficial to leverage the advantages of glycinates to adapt to evolving consumer habits. This is a deliberate strategy aimed at boosting the production and sales of glycinates, hence broadening its market at a global level and staying competitive amidst other companies.
Due to its substantial feed industry and advanced agricultural technology, which extensively uses glycinates as additives, the United States is one of the world's largest consumers of glycinates. The need for better product formulations has significantly increased due to the existence of well-known personal care and pharmaceutical companies. The market expansion is influenced by the continuing upsurge in the personal care industry, increased health awareness, and the increasing meat consumption in the area. In addition, due to the large agricultural sector of the region, there are numerous chances for using glycinate to increase plant productivity and maintain soil fertility.
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| Glycinates Market Size in 2024 | US$1,062.347 million |
| Glycinates Market Size in 2029 | US$1,548.498 million |
| Growth Rate | CAGR of 5.53% |
| Study Period | 2019 to 2029 |
| Historical Data | 2019 to 2022 |
| Base Year | 2024 |
| Forecast Period | 2024 – 2029 |
| Forecast Unit (Value) | USD Million |
| Segmentation |
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| Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| List of Major Companies in Glycinates Market |
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| Customization Scope | Free report customization with purchase |
The Glycinates Market is analyzed into the following segments: