PUNE, India, December 15, 2017 /PRNewswire/ --
The report "Glycinates Market by Type
(Magnesium, Zinc, Calcium, Manganese, Copper, Sodium), Form (Dry
and Liquid), and Application (Pharmaceuticals/Nutraceuticals, Food
Additives, Feed Additives, Personal Care Products), and Region -
Global Forecast to 2022", published by MarketsandMarkets™, the
market is estimated to be valued at USD
927.2 Million in 2017, and is projected to reach a value of
USD 1,234.3 Million by 2022, at a
CAGR of 5.89% during the forecast period. The market is driven by
factors such as rising demand from supplement and preventive
healthcare products, increasing deficiency of minerals among people
(especially from developing countries such as Brazil), growing demand for chelated minerals
in food additives, and growing restrictions on the use of
antibiotics in livestock feed.
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Browse 89 market data Tables and 42 Figures
spread through 131 Pages and in-depth TOC
on "Glycinates Market - Global Forecast
to 2022"
https://www.marketsandmarkets.com/Market-Reports/glycinates-market-178454558.html
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The magnesium glycinate segment accounted for the
largest share of the Glycinates Market in 2016.
Based on type, the Glycinates Market has been segmented
into magnesium glycinate, zinc glycinate, calcium glycinate, copper
glycinate, manganese glycinate, and sodium glycinate. The magnesium
glycinate segment accounted for the largest share in 2016.
Magnesium plays a vital role in the bodys detoxification processes,
as magnesium glycinate increases bioabsorbability and has major
application in dietary supplements.
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The dry segment, by form, accounted for a larger share of the
Glycinates Market in 2016.
The dry segment accounted for a larger share of the global
Glycinates Market in 2016. They are the most popular forms of
glycinates preferred by the manufacturers, due to several benefits,
including lower costs, along with the convenience of its usage in a
wide range of applications such as food, feed, pharmaceutical, and
personal care.
The feed additive segment, by application, accounted for a
larger share of the Glycinates Market in 2016.
The feed additives segment accounted for a larger share of the
global Glycinates Market in 2016. Increase in focus among
manufacturers on animal feed, with increased opportunities in the
dairy and meat industries, is one of the key factors for the
consumption of glycinates in animal feed. Furthermore,
incorporation of various ingredients in animal feed by
manufacturers for improvement in the quality of meat has increased
the demand for glycinates, with glycine being the most widely used
chelate in the market for chelated feed minerals.
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The North America region
dominated the Glycinates Market in 2016.
In 2016, the North American region led the global market for
glycinates. Factors such as the presence of major players in the
US, high awareness about the food and dietary supplements, and a
significant demand for glycinates for the feed industry will drive
the Glycinates Market in North
America.
This report includes a study of marketing and development
strategies, along with the product portfolios of the leading
companies. It includes the profiles of leading companies such as
BASF (Germany), Solvay
(Belgium), Ajinomoto (Japan), Clariant (Switzerland), and Albion Laboratories
(US).
Other players include Shijiazhuang Donghua Jinlong Chemical
(China), Galaxy Surfactants
(India), Novotech Nutraceuticals
(US), Schaumann (Germany), Dunstan
Nutrition (New Zealand), Aliphos
(Belgium), Chaitanya Chemicals
(India), and Provit (Poland).
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