Global Glycinates Market is Expected to Reach USD 1488.10 Million by 2025 | BWC Research

Press Release

Magnesium Glycinates are often used in health supplement products over other magnesium forms, as the body finds it easier to absorb this form. It is also one of the gentlest supplements, unlike other forms of magnesium. It does not cause as many side effects, such as an upset stomach or loose stools. This characteristic makes magnesium glycinates a good supplement for people recovering from bariatric surgery or anyone who might be at risk for magnesium levels which is stimulating the demand for magnesium glycinates over the forecast period.

According to BlueWeave Consulting report, the Global Glycinates Market was valued at USD 984.10 million in 2017 and is projected to expand at a CAGR of 5.15% from 2018 to 2025, by value, reaching around USD 1488.10 million by the end of the forecast period.

Access PDF Sample of this Research [email protected]     

Magnesium Glycinate has dominated the market and accounted for the highest market share of 30.26% of the total market in 2017, which is projected to reach over 33.83% by 2025 owing to its usage in pharmaceutical industry.. Magnesium glycinate is an essential nutrient which is easier to absorb and is among the gentlest supplement on the stomach.

The pharmaceutical application is expected to reach around USD 312.26 million by the end of 2025, which is driven by the factors like used in a heavy amount, for the production of various mineral enriched medicines and oral care products which drove the market. Growing concern towards healthcare products and mineral supplements is driving this segment.

North America is the largest market for Glycinate across the globe.

The demand for Glycinates in the region is expected to rise with a CAGR of 6.11% , in terms of value, generating revenue of around USD 633.04 million by 2025. China, dominates the region with a CAGR of 6.39% during 2018-2025, anticipated to expand owing to increasing demand for Glycinates in the emerging economies  like India and others due to its usage in livestock feed additives.

Global Glycinates Market: Competitive Dynamics  

Major industry players in global glycinates market are adopting different strategic initiatives such as mergers and acquisitions, partnerships, and collaborations for strategic expansion in the glycinates market. For instance, in November 2017, BASF SE entered into a partnership with Avitech Nutrition to expand organically-bound trace elements for animal feed manufacturers. Product contains high-quality glycinates by BASF which will enhance the nutritional value of feed additive, improving poultry vitality in South Asia. Most of the major vendors in the Global Glycinates Market are actively focused on enhancing their offerings to meet the ongoing demand.

Browse full list of Table of [email protected]

About BlueWeave Consulting & Research Pvt Ltd. (BWC)

BlueWeave Consulting provides a full scope of business intelligence solution for solving your toughest challenges. BWC is an emerging global expert & pioneer in the market research and provision of exclusive market INTEL. We optimize your decision making by equipping your industry with an accurate & better market research according to your industry demands through our professionally designed qualitative & quantitative research methods. Our trendy & efficient sample collection methods, integrated data solutions as well as methodologies certainly make us a better partner that you can rely on. With collective experience in the varied fields of retail, market research and reporting, we provide the business insight and business practices that would give the required impetus for your company’s growth.

Contact Us:

[email protected]

Global Contact: +1 866 658 6826