Glycinates Market Future Prospects And Opportunities 20232

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Glycinates Market to Surpass USD 1.9 Bn by 2032
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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.

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