Global Glycinate Market Overview:
Glycinates are chemicals among good skin affinity and foaming properties. These minerals are equipped by means of amino acid and other high-class chemicals in order to certify the preeminent value of glycinates. Glycinates are used during farming and agriculture businesses to feed chicken and cattle in order to afford vital nutrients for their development.
As per latest study released by AMA Research, the Global Glycinate market is expected to see growth rate of 6.29%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Rising Need for Chelated Minerals in Food Additives
Market Growth Drivers:
Increasing Awareness About Precision Nutrition Techniques and Mineral Deficiency Among Consumers
Challenges:
Fluctuation in the Price of Raw Material and Lack of Awareness in Underdeveloped Countries
Restraints:
High Research & Development Costs
Opportunities:
Rising Demand for Glycinate in Developing Countries and Growth in Feed and Personal Care Industries
Competitive Landscape:
The global market is highly competitive and consists of a limited number of providers competing. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth.
Some of the key players profiled in the report are BASF (Germany), Solvay (Belgium), Ajinomoto (Japan), Clariant (Switzerland), Albion Laboratories (United States), Shijiazhuang Donghua Jinlong Chemical (China), Galaxy Surfactants (India), Novotech Nutraceuticals (United States), Schaumann (Germany) and Dunstan Nutrition (New Zealand). Additionally, following companies can also be profiled that are part of our coverage like Aliphos (Belgium), Chaitanya Chemicals (India) and Provit (Poland). Analyst at AMA Research see Global Vendors to retain maximum share of Global Glycinate market by 2030. Considering Market by Form, the sub-segment i.e. Dry will boost the Glycinate market.
Latest Market Insights:
On July 12, 2023, Ajinomoto Co., Inc. announced the acquisition of the amino acid business of Sweden-based Bio-Process Technology AB. This acquisition includes the company's glycine production facilities.
On September 12, 2023, Lonza announced the launch of its new line of high-purity glycine products for the pharmaceutical industry. These products were designed to meet the demanding quality requirements of pharmaceutical applications.
What Can be Explored with the Glycinate Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Glycinate Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Glycinate
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Glycinate market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Glycinate market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Raw material suppliers, Glycinate manufacturers/suppliers, importers, and exporters, Intermediary suppliers and ConsumersEnd-user industries.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.