Market Overview:
The global magnesium glycinate market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for magnesium glycinate from various applications such as pharmaceuticals/nutraceuticals, food additives, feed additives, and personal care products. Additionally, the growing awareness about the benefits of magnesium glycinate is also contributing to the growth of this market.
Product Definition:
Magnesium glycinate is a mineral supplement that is used to treat magnesium deficiency. It is a form of magnesium that is bound to the amino acid glycine. Magnesium glycinate is absorbed and digested more easily than other forms of magnesium, and it does not cause stomach upset or diarrhea.
Dry:
Dry is a naturally occurring element found in the earth’s crust. It is also present in plants and animals. The human body contains very small amount of dry, usually less than 5% of total body content. It can be produced by evaporating water from organic compounds or minerals such as apatite, silica, and calcium carbonate etc.
Liquid:
Liquid is a water-soluble powder made up of amino acids, proteins and minerals. It has wide applications in the food & beverage industry as an emulsifier, thickening agent and nutritional supplement. Magnesium glycinate can be used for treating conditions such as rheumatoid arthritis by reducing inflammation in the body caused due to joint pain or stiffness. It also helps reduce bone density loss and improve muscle strength & function along with lowering blood sugar levels.
Application Insights:
Magnesium glycinate is used as a filler in the food additives industry. It is also used to enhance magnesium absorption from dietary sources and supplements. The product finds application in various pharmaceutical formulations including antacids, calcium channel blockers, diuretics, and anti-inflammatory drugs. In addition, it finds applications in cosmetics and toiletries products such as deodorants & antiperspirants among others.
The product has numerous applications across several industries owing to its ability to reduce the pH of water by creating anion gap which makes it suitable for industrial purposes such as cleaning agents or water softening processes among others where high purity is required. Liquid form of magnesium glycinate can be directly added into oil without any pre-treatment process while dry form requires additional processing like grinding before adding into oil phase followed by heating process for dissolution property improvement before use-up time duration (if any).
Regional Analysis:
North America dominated the global market in terms of revenue with a share of over 40.0% in 2017. This is attributed to the presence of major magnesium glycinate manufacturers such as Avantor Performance Materials Inc., and New Jersey Chemical Corp. The region will retain its position during the forecast years due to increasing R&D activities by key companies for developing new products and applications specific to North America market requirements.
Asia Pacific is expected to be one of the fastest-growing regions owing to rapidly expanding pharmaceutical, food & beverage, personal care product sectors in countries like China, India, South Korea, Japan etc.; which are major end users for magnesium glycinate based additives. Furthermore; growing awareness about health issues related Magnesium deficiency among consumers coupled with rising disposable income will drive regional growth over the next eight years (2018 - 2030).
Growth Factors:
- Increasing demand from the end-use industries such as automotive, construction, and electronics
- Growing awareness about the health benefits of magnesium glycinate among consumers
- Rising investment by manufacturers in research and development to develop new applications for magnesium glycinate
- Expansion of distribution channels by key players to reach a wider customer base
- Emerging economies offer potential growth opportunities for the magnesium glycinate market
Scope Of The Report
Report Attributes
Report Details
Report Title
Magnesium glycinate Market Research Report
By Type
Dry, Liquid
By Application
Pharmaceuticals/Nutraceuticals, Food Additives, Feed Additives, Personal Care Products
By Companies
BASF (Germany), Solvay (Belgium), Ajinomoto (Japan), Clariant (Switzerland), Albion Laboratories (US), Shijiazhuang Donghua Jinlong Chemical (China), Galaxy Surfactants (India), Novotech Nutraceuticals (US), Schaumann (Germany), Dunstan Nutrition (New Zealand), BASF (Germany), Chaitanya Chemicals (India), Provit (Poland)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global Magnesium glycinate Market Report Segments:
The global Magnesium glycinate market is segmented on the basis of:
Types
Dry, Liquid
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceuticals/Nutraceuticals, Food Additives, Feed Additives, Personal Care Products
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF (Germany)
- Solvay (Belgium)
- Ajinomoto (Japan)
- Clariant (Switzerland)
- Albion Laboratories (US)
- Shijiazhuang Donghua Jinlong Chemical (China)
- Galaxy Surfactants (India)
- Novotech Nutraceuticals (US)
- Schaumann (Germany)
- Dunstan Nutrition (New Zealand)
- BASF (Germany)
- Chaitanya Chemicals (India)
- Provit (Poland)
Highlights of The Magnesium glycinate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Dry
- Liquid
- By Application:
- Pharmaceuticals/Nutraceuticals
- Food Additives
- Feed Additives
- Personal Care Products
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Magnesium glycinate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Magnesium glycinate is a magnesium supplement that is derived from glycine. It has been shown to be an effective treatment for magnesium deficiency and may help improve symptoms such as muscle cramps, fatigue, and poor sleep.
Some of the key players operating in the magnesium glycinate market are BASF (Germany), Solvay (Belgium), Ajinomoto (Japan), Clariant (Switzerland), Albion Laboratories (US), Shijiazhuang Donghua Jinlong Chemical (China), Galaxy Surfactants (India), Novotech Nutraceuticals (US), Schaumann (Germany), Dunstan Nutrition (New Zealand), BASF (Germany), Chaitanya Chemicals (India), Provit (Poland).
The magnesium glycinate market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Magnesium glycinate Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Magnesium glycinate Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Magnesium glycinate Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Magnesium glycinate Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Magnesium glycinate Market Size & Forecast, 2020-2028 4.5.1 Magnesium glycinate Market Size and Y-o-Y Growth 4.5.2 Magnesium glycinate Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Dry
5.2.2 Liquid
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Pharmaceuticals/Nutraceuticals
6.2.2 Food Additives
6.2.3 Feed Additives
6.2.4 Personal Care Products
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Magnesium glycinate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Magnesium glycinate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Dry
9.6.2 Liquid
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Pharmaceuticals/Nutraceuticals
9.10.2 Food Additives
9.10.3 Feed Additives
9.10.4 Personal Care Products
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Dry
10.6.2 Liquid
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Pharmaceuticals/Nutraceuticals
10.10.2 Food Additives
10.10.3 Feed Additives
10.10.4 Personal Care Products
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Dry
11.6.2 Liquid
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Pharmaceuticals/Nutraceuticals
11.10.2 Food Additives
11.10.3 Feed Additives
11.10.4 Personal Care Products
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Dry
12.6.2 Liquid
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Pharmaceuticals/Nutraceuticals
12.10.2 Food Additives
12.10.3 Feed Additives
12.10.4 Personal Care Products
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Dry
13.6.2 Liquid
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Pharmaceuticals/Nutraceuticals
13.10.2 Food Additives
13.10.3 Feed Additives
13.10.4 Personal Care Products
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Magnesium glycinate Market: Competitive Dashboard
14.2 Global Magnesium glycinate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF (Germany)
14.3.2 Solvay (Belgium)
14.3.3 Ajinomoto (Japan)
14.3.4 Clariant (Switzerland)
14.3.5 Albion Laboratories (US)
14.3.6 Shijiazhuang Donghua Jinlong Chemical (China)
14.3.7 Galaxy Surfactants (India)
14.3.8 Novotech Nutraceuticals (US)
14.3.9 Schaumann (Germany)
14.3.10 Dunstan Nutrition (New Zealand)
14.3.11 BASF (Germany)
14.3.12 Chaitanya Chemicals (India)
14.3.13 Provit (Poland)