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Zinc Glycinate Market Size, Share, and Industry Analysis by Form (Dry and Liquid), By Application (Pharmaceuticals & Nutraceuticals, Food Additives, Feed Additives, and Personal Care Products), and Regional Forecast till 2032

Region : Global | Report ID: FBI112212 | Status : Ongoing

 

KEY MARKET INSIGHTS

The global zinc glycinate market is experiencing significant growth, driven by increasing health consciousness and the rising demand for high-quality zinc supplements across various applications. The zinc glycinate market is a segment of the broader nutraceutical industry, focusing on the production and distribution of zinc glycinate, a chelated form of zinc known for its high bioavailability and absorption efficiency. This compound is increasingly favored for dietary supplements aimed at enhancing zinc intake due to its superior efficacy compared to other zinc salts.

Zinc Glycinate Market Drivers

Rising Demand for Zinc Supplements to Fuel the Market Growth

As consumers become more health-conscious, there is a notable shift toward dietary supplements that enhance overall well-being. The prevalence of zinc deficiency globally is also driving interest in effective supplementation options such as zinc glycinate. According to the National Library of Medicine report 2023, an estimated 17% of the global population, or approximately 1.1 billion people, are at risk of zinc (Zn) deficiency. This growing recognition is propelling the demand for zinc supplements, especially in the form of zinc glycinate, which is known for its superior bioavailability compared to other zinc forms.

Zinc Glycinate Market Restraints

Volatility in Raw Material Prices Coupled with High Production Costs to Hinder Market Growth

Fluctuations in the prices of raw materials used in the production of zinc glycinate can exacerbate production costs, making it difficult for manufacturers to maintain stable pricing and profitability. The manufacturing of zinc glycinate is associated with elevated production costs, which can lead to higher retail prices for consumers. This is particularly challenging in price-sensitive markets where consumers may opt for cheaper alternatives.

Zinc Glycinate Market Opportunities

Growing Agricultural Applications to Pave New Opportunities in the Market

Zinc glycinate is increasingly recognized for its agricultural applications, particularly as a micronutrient in animal feed and fertilizers. In livestock nutrition, zinc glycinate is beneficial for promoting growth and improving overall health. It plays a crucial role in collagen synthesis and keratin formation, positively affecting skin, wool, hair, and feathers in animals. Overall, incorporating zinc glycinate into animal feed enhances growth and health and supports sustainable agricultural practices by improving nutrient efficiency and reducing waste, opening up new opportunities in the market.

Segmentation

By Form

By Application

By Region

· Dry

· Liquid

· Pharmaceuticals & Nutraceuticals

· Food Additives

· Feed Additives

· Personal Care Products

· North America (U.S., Canada, and Mexico)

· Europe (Germany, France, Italy, the U.K., Spain, Russia, and the Rest of Europe)

· Asia Pacific (China, Japan, India, Australia, and the Rest of Asia Pacific)

· South America (Brazil, Argentina, and the Rest of South America)

· Middle East & Africa (UAE, South Africa, and Rest of the Middle East & Africa)

Key Insights

The report covers the following insights:

  • Overview of the Parent Market
  • Supply Chain Analysis
  • Regulatory Landscape
  • Recent Industry Development – New Product Launches, Mergers & Acquisitions, Investment, and Others
  • Qualitative Analysis Related to Covid-19

Analysis by Form

Based on form, the market is divided into dry and liquid.

The dry form of zinc glycinate is projected to hold the largest share of the global zinc glycinate market. This is due to its lower costs and convenient usage in a wide range of applications, including food, feed, pharmaceutical, and personal care products. Dry zinc glycinate is favored for its stability and ease of handling, making it an ideal choice for incorporation into capsules, tablets, and powdered blends. This form ensures precise dosage and is preferred in large-scale manufacturing where consistency and bulk production are key. Its stability at room temperature and minimal need for preservatives further contribute to its popularity in the nutraceutical and agricultural sectors.

The liquid segment of the zinc glycinate market is experiencing significant growth. Liquid glycinates are easy to incorporate into liquid-based products and are preferred when quick absorption is needed or when there are solubility issues with the dry form. They are also utilized in food and beverages to improve the final texture.

Analysis by Application

Based on application, the market is fragmented into pharmaceuticals & nutraceuticals, food additives, feed additives, and personal care products.

The pharmaceuticals & nutraceuticals segment accounts for the majority of the global market. This high bioavailability makes it particularly effective in dietary supplements aimed at improving overall health, boosting immune function, and preventing zinc deficiencies. As consumers increasingly seek effective health supplements, this characteristic drives demand in the nutraceutical market.

The personal care products segment is rapidly emerging as the fastest-growing channel in the zinc glycinate market. Zinc glycinate is valued for its skin-healing and anti-inflammatory properties, making it a popular ingredient in various topical formulations such as creams, lotions, and serums. It is particularly effective in treating skin conditions such as acne and irritation, which drives its demand in the cosmetics industry. Zinc glycinate can be easily incorporated into a wide range of personal care products, enhancing their effectiveness. Its ability to improve mineral absorption makes it suitable for formulations aimed at delivering essential nutrients to the skin, further boosting its popularity among cosmetic manufacturers.

Regional Analysis

Based on region, the market has been studied across North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

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North America dominates the global zinc glycinate market. North America has a well-established market for zinc glycinate, driven by significant demand in various sectors, including pharmaceuticals, nutraceuticals, and personal care products. The region's focus on health and wellness has led to increased consumption of dietary supplements and fortified foods that often contain zinc glycinate due to its high bioavailability and associated health benefits.

Asia Pacific is expected to exhibit significant growth in the global market. There is an increasing focus on health and wellness among consumers in countries such as China, India, and Japan. This trend is leading to a higher demand for dietary supplements that address zinc deficiencies. The growing middle class and rising disposable incomes in these countries are facilitating greater access to health supplements, including zinc glycinate.

Key Market Players

  • Ajinomoto Co., Inc. (Japan)
  • Clariant AG (Switzerland)
  • Solvay SA (Belgium)
  • BASF SE (Germany)
  • NovoTech Nutraceuticals Inc. (U.S.)
  • Dunstan Nutrition Ltd. (New Zealand)
  • Shijiazhuang DonghuaJinlong Chemical Co Ltd. (China)
  • Schaumann GmbH and Co. KG. (Germany)
  • Aliphos Belgium SA/NV (Belgium)
  • Albion Laboratories, Inc. (U.S.)

Key Industry Development

  • In January 2024, Richen Nutritional Technology Co., Ltd. inaugurated a new production line dedicated to amino acid chelates in its minerals workshop. This production line aims to enhance the company's capacity to produce chelated minerals, which are increasingly recognized for their benefits in nutritional health. The total output capability for amino acid chelates is projected to reach 500 tons annually, with Ferrous glycinate, calcium glycinate, magnesium glycinate, and zinc glycinate being the primary products.


  • Ongoing
  • 2024
  • 2019-2023
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