Press release
Glycinates Market - Segmented by Type, Form, Application, and Geography (2019 to 2024)
Growing demand for cosmetics and personal care products in both developed and developing economies are one of the major drivers of glycinates market. An increasing use of chelated minerals in food additives is also boosting the growth of glycinates market. An increasing number of restriction on the intake of antibiotics in animal feed is driving the use of glycinates as supplements in livestock feed, thus positively impacting the growth of glycinates market.
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Cosmetics and Personal Care Products segment holds significant market share
By application, Glycinates market is segmented into food additives, feed additives, pharmaceuticals, cosmetics, and personal care products, and nutraceuticals. Cosmetics and Personal Care Products segment accounted for a significant share of the global Glycinates market in 2018 owing to the high focus on personal grooming among both men and women. Growing demand for innovative cosmetics and personal care products will continue to propel the growth of glycinates market.
North America and Europe hold significant market share
Geographically, Glycinates market is segmented into North America, South America, Europe, Middle East and Africa, and Asia Pacific. Early adoption of new technologies and high investment in R&D contributes significantly to the growth of glycinates market. Presence of major market players in the North American countries also supports the growth of glycinates market in the region. High growth of cosmetic industry in Europe will continue to drive the growth of Europe Glycinates market during the projected period.
This report also includes a study of strategies and product portfolios of some of the leading companies in the Glycinates market. It consists of company profiles of the leading companies- BASF, SpecialChem, UL, Provit Sp.z.o.o., Albion Laboratories, Inc., American Elements, UNION AGRICOLE HOLDING AG, Shijiazhuang Donghua, Jinlong chemical co., Ltd, and Galaxy Surfactants Ltd.
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Knowledge Sourcing Intelligence (KSI) is a market research and consulting organization based out of India. KSI publishes research studies spanning across ten industry verticals. KSI has a team of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports per year centering on niche and latest technologies. We engage with key decision makers and stakeholders across the value chain to provide clients with a detailed analysis and bird’s-eye view of the market with whole market dynamics, statistical forecasts, competitive analysis, key trends, market drivers and challenges and strategic recommendations for making informed decisions. Our success lies in the effort of our analysts who strive to meet client expectations by delivering quality work within the stipulated deadlines.
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