BlueWeave Consulting Global Glycinate Market Outlook by Size, Share, Em

Global Glycinate Market Outlook by Size, Share, Emerging Trends,
Growth Analysis, Top Manufacturers, Revenue and Consumption
2018-2024
Global Glycinates Market: Overview
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 2024, by value, reaching
around USD 1488.10 million by the end of the forecast period. According to the report, North America
was the largest contributor in terms of revenue to global glycinates market in 2017.
Growing demand from supplements & healthcare products is driving the global glycinates market.
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Magnesium glycinates are often used in health supplement products over other magnesium form, 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.
With the rising opportunities in meat & dairy sector, there has been a shift in the focus of manufacturers
towards animal feed. This is also anticipated to increase the consumption of glycinates in livestock
feed. Glycinates is used in farming and agriculture industries to feed chicken and cattle in order to
provide important nutrients for their growth. The government authorities are implementing strict
regulation in Europe and United States, which has banned the use of certain antibiotics as growth
promoters in animals. Thus, stringent regulations against antibiotics in livestock feed industry
will promote glycinates market by 2025.
Global Glycinates Market: Scope of the Report
The global market for glycinates is segmented by product, by application, and by region. The product is
further segmented into magnesium glycinates, zinc glycinates, calcium glycinates, copper glycinates,
manganese glycinates, iron glycinates, sodium glycinates, and others. The application further segmented
into pharmaceuticals, calcium glycinates, feed additives, personal care, and sodium glycinates. Thus, the
demands for glycinates products, like magnesium glycinates and zinc glycinates, will generate higher
revenue returns over the forecast period.