According to the research report titled ‘Global Glycinates Market Size, Share and Industry Analysis Report by Type (Magnesium Glycinate, Calcium Glycinate, Zinc Glycinate, Iron Glycinate, Copper Glycinate, Manganese Glycinate, Sodium Glycinate), Application (Animal Feed, Pharmaceutical/Nutraceutical, Food & Beverage, Cosmetics & Personal Care) and Form (Dry, Liquid), Regional Outlook, Competitive Market Share & Forecast, 2021 – 2027’, available with MarketStudyReport, global glycinates market is anticipated to amass substantial return by the year 2027.

As per credible estimates, several health benefits of the product such as protection from oxidation, proper enzyme functionality, improved reproductive health, and effective immune system, as well as swelling demand for dietary supplements across the globe are the major growth inducing factors for global glycinates market.

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For the uninitiated, glycinates are vital component for animal nutrition. Among the most commonly used glycinates in animal feed are copper glycinate, zinc glycinate, manganese glycinate, and iron glycinate.

Moreover, rising consumption of poultry feed to meet growing consumer demand has stimulated industry trends in the recent years.

Based on application scope, the others sub-segment is likely to record a CAGR of 4.6% over the forecast period.

In terms of type, the sodium glycinate market share is anticipated to grow at a CAGR of 4.6% over the analysis period. Meanwhile, the copper glycinate segment is reckoned to register a CAGR of 5.1% over the projected timeframe and manganese glycinate segment will progress at 5% CAGR through 2027.

On the regional front, Europe market is expected to expand with an annual rate of 5.2% over the forecast period. Whereas Middle East & Africa industry is slated to accumulate substantial revenues by the end of 2027, growing at a CAGR of 4.4% throughout the analysis period.

The leading players affecting the global glycinates market dynamics are UNO Vetchem, Innospec Inc., Pat Impex, Jost Chemical Co., Pancosma SA, Pharmavit Europe B.V., Solvay Chemicals International SA, Dunstan Nutrition, BASF SE, Clariant AG, and Aditya Chemicals.