Glycinates Market by Type (Magnesium, Zinc, Calcium, Manganese, Copper, Sodium), Form (Dry and Liquid), and Application (Pharmaceuticals/Nutraceuticals, Food Additives, Feed Additives, Personal Care Products), and Region - Global Forecast to 2022
The glycinates market is projected to reach a value of USD 1,234.3 Million by 2022, at a CAGR of 5.89% during the forecast period.
The major restraining factor for the growth of the glycinates market is the high R&D costs associated with the new product development of chelated mineral glycinates.
Glycinates Market by Type (Magnesium, Zinc, Calcium, Manganese, Copper, Sodium), Form (Dry and Liquid), and Application (Pharmaceuticals/Nutraceuticals, Food Additives, Feed Additives, Personal Care Products), and Region - Global Forecast to 2022
The market is driven by factors such as increasing deficiency of minerals among the population, especially in developing countries such as Brazil, growing demand for chelated minerals in food additives.
The market is further driven by factors such as increasing deficiency of minerals among the population, especially in developing countries such as Brazil, growing demand for chelated minerals in food additives.