The Global Glycinates Market share in the foods & feed industry is intensifying by the growing demand for functional food & feed additives in the developed & developing countries. Glycinates are found to have wide application in food & feed, amongst which the application in the production of functional food & beverages is increasing at a higher rate. Increasing prevalence of deficiency diseases among the growing population is found to be a key factor responsible for the growth of glycinates market.
Segmentation Analysis
Based on the type, it is segmented into zinc, copper, manganese, magnesium, calcium, sodium, and others. Based on the form, it is segmented into liquid, powder, and others. Based on the application, it is segmented into foods, beverages, nutraceuticals, animal feed, and others.
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Global Key Players and Competition Analysis
The major players in the glycinates market
- Ajinomoto Co., Inc. (Japan)
- Clariant AG (Switzerland)
- Solvay SA (Belgium)
- BASF SE (Germany)
- NovoTech Nutraceuticals Inc. (U.S.)
- Dunstan Nutrition Ltd. (New Zealand)
Regional Analysis
The global glycinates market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). The North American region is dominating the glycinates market followed by Europe. Increased demand for feed & food additives in the developed countries such as the U.S., the U.K, Germany and France has uplifted the glycinates market. Furthermore, the major key players are continuously involved in R&D activities to come up with new & enhanced products for wide range applicability.
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