Glycinates Market Outlook, & Region Forecast, 2023-2032 - PowerPoint PPT Presentation

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Glycinates Market Outlook, & Region Forecast, 2023-2032

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The glycinates market size from iron glycinate segment is anticipated to expand at 7% CAGR between 2023 and 2032. – PowerPoint PPT presentation

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Title: Glycinates Market Outlook, & Region Forecast, 2023-2032


1
Glycinates Market to Surpass USD 1.9 Bn by 2032
2
Overview of Glycinates Market
  • The glycinates market is estimated to reach USD
    1.9 billion by 2032, as reported in a research
    study by Global Market Insights Inc.
  • The increasing demand for fortified food and
    beverages, particularly across European countries
    is expected to have a positive impact on the
    glycinates market dynamics. The emergence of new
    health trends such as vegan diets, plant-based
    protein, and nutrient-rich foods is propelling
    the production of functional foods. The growing
    consumer awareness and preference for healthy
    dietary lifestyles are also promoting the
    consumption of value-added food products and
    supplements, offering lucrative scope for the
    manufacturers of glycinate products.
  • The glycinates market size from iron glycinate
    segment is predicted to grow at 7 CAGR
    through2023 to 2032. Iron glycinate is widely
    recommended to patients with gut issues or
    malabsorption disorders to improve iron
    absorption. It is also consumed as a dietary
    supplement to boost healthy red blood cells and
    prevent deficiencies such as anemia. Several
    developing and developed countries report a
    significant prevalence of anemia, particularly in
    young children, and pregnant women.

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  • The pharmaceutical/nutraceutical application
    segment is predicted to exceed USD 700 million by
    2032. Glycinates are widely used in the
    manufacturing of pharmaceutical and nutraceutical
    products. These compounds are primarily employed
    as chelating agents to enhance the absorption of
    minerals such as zinc and iron. Glycinates also
    find applications in medications, including
    antacids since they ensure a controlled release
    of active ingredients. The rising prevalence of
    chronic diseases and metabolic disorders is
    propelling the sales of pharmaceuticals, and
    dietary supplements with high amounts of
    bioactive compounds, thus promoting the
    nutraceutical application scope of glycinates
    market.
  • The dry form segment will worth over USD 1.4
    billion by 2032. The dry form of glycinates find
    uses in nutraceutical, pharmaceutical, and food
    beverage manufacturing as pH adjusters, flavor
    enhancers, and chelating agents. Glycinates are
    widely adopted to improve the shelf life of
    certain food products, playing a key role in food
    processing and preservation. Advancements in food
    processing technologies and the rapid adoption of
    fast-paced lifestyles have accelerated the
    consumption of ultra-processed food. For
    instance, according to data published in a
    National Institute of Health (NIH) study,
    ultra-processed foods accounted for a total daily
    energy intake of 17 to 56 across 28 countries
    in 2021.

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  • North America glycinates market is slated to
    depict over 7 CAGR from 2023 to 2032, as the
    region is home to a massive footprint of major
    pharmaceutical and food and beverage giants. The
    growing consumer awareness and inclination toward
    natural and clean-label ingredients along with
    the presence of supportive government regulations
    monitoring the safe use of food additives will
    complement the industry growth across North
    America. According to the 2021 FMCG Gurus USA
    Clean Labels Survey, more than 80 of consumers
    reported interest in products that are 100
    natural, whereas 67 reported a preference for
    minimally processed food products.
  • Notable participants in the Glycinates market
    include BASF, Aditya Chemicals, Solvay, Dunstan
    Nutrition, Clariant, Pancosma SA, Pharmavit, Jost
    Chemical Co., UNO VETCHEM, Innospec, PAT IMPEX
    Chemicals India.

5
Browse Full Research Report On Glycinates Market
_at_ https//bit.ly/3MzMKQ3 Request for a sample
of this research report _at_ https//bit.ly/3MUWben

6
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