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Glycinates Market Future Prospects And Opportunities 2023-2032

Glycinates Market size crossed USD 1 billion in 2022 and is anticipated to record over 6.5% CAGR from 2023 to 2032.

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Glycinates Market Future Prospects And Opportunities 2023-2032

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  1. Glycinates Market to Surpass USD 1.9 Bn by 2032 Global Market Insights Inc.

  2. Overview of Glycinates Market • The glycinates marketis 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. Global Market Insights Inc.

  3. Continue… • 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. Global Market Insights Inc.

  4. Continue… • 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. Global Market Insights Inc.

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

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