Global Magnesium Glycinate Market Growth 2023-2029

Global Magnesium Glycinate Market Growth 2023-2029

Magnesium glycinate is magnesium combined with glycine and is often used for magnesium supplement. Magnesium glycinate has been reported to have very good levels of absorption and is also one of the gentlest supplements on the stomach. Magnesium supplements can help treat migraines, anxiety, chronic pain, heart disease and diabetes.

LPI (LP Information)' newest research report, the “Magnesium Glycinate Industry Forecast” looks at past sales and reviews total world Magnesium Glycinate sales in 2022, providing a comprehensive analysis by region and market sector of projected Magnesium Glycinate sales for 2023 through 2029. With Magnesium Glycinate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Magnesium Glycinate industry.

This Insight Report provides a comprehensive analysis of the global Magnesium Glycinate landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Magnesium Glycinate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Magnesium Glycinate market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Magnesium Glycinate and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Magnesium Glycinate.

The global Magnesium Glycinate market size is projected to grow from US$ 4 million in 2022 to US$ 7 million in 2029; it is expected to grow at a CAGR of 7 from 2023 to 2029.

Global top two manufacturers of Magnesium Glycinate occupied for a share nearly 46%, key players are Novotech Nutraceuticals, Shijiazhuang Donghua Jinlong Chemical, etc. The global magnesium glycinate are mainly produced in America and China, they occupied for a share about 60%. North America is the largest market, has a share about 57%, followed by Asia-Pacific and Europe, with share 22% and 18%, separately.

This report presents a comprehensive overview, market shares, and growth opportunities of Magnesium Glycinate market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Pure Magnesium Glycinate
Magnesium Glycinate Complex

Segmentation by application
Dietary Supplement
Food
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Novotech Nutraceuticals
Shijiazhuang Donghua Jinlong Chemical
Hebei Granray Bioproducts
Hebei Liwellso Biotech
Shanpar Industries

Key Questions Addressed in this Report

What is the 10-year outlook for the global Magnesium Glycinate market?

What factors are driving Magnesium Glycinate market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Magnesium Glycinate market opportunities vary by end market size?

How does Magnesium Glycinate break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.