Global Magnesium glycinate market cagr 7.2%

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Magnesium glycinate Market

Magnesium glycinate Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Magnesium glycinate Market Size and Growth

The Magnesium glycinate market is experiencing robust growth, driven by increasing health awareness and a shift towards dietary supplements. As of 2023, the market size is estimated to reach approximately USD 500 million, with projections indicating continued expansion due to rising demand in wellness and nutritional sectors. Request Sample Report

Companies Covered (Covid 19 Impact Covered)

◍ BASF (Germany)

◍ Solvay (Belgium)

◍ Ajinomoto (Japan)

◍ Clariant (Switzerland)

◍ Albion Laboratories (US)

The Magnesium Glycinate market features key players like BASF, Solvay, Ajinomoto, and Clariant, who leverage innovative formulations and expand distribution networks, driving market growth. Companies like Albion and Novotech enhance product offerings. Sales revenues: BASF: €78 billion, Solvay: €10.3 billion, Ajinomoto: ¥1.1 trillion, Clariant: CHF 5.4 billion.

◍ Shijiazhuang Donghua Jinlong Chemical (China)

◍ Galaxy Surfactants (India)

◍ Novotech Nutraceuticals (US)

◍ Schaumann (Germany)

◍ Dunstan Nutrition (New Zealand)

◍ Aliphos (Belgium)

◍ Chaitanya Chemicals (India)

◍ Provit (Poland)

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Market Segmentation

By Application

Pharmaceuticals/Nutraceuticals

Food Additives ◍ Feed Additives

Personal Care Products

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By Product

Dry

Liquid

Market Growth

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$ X Billion USD

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