Market
Highlights:
Glycine is a nonessential amino acid that
is found in proteins. Glycine acts as a neurotransmitter that stimulates or
inhibits the function of the brain and nervous system. Glycine supplements are
widely consumed for improving sleep, enhancing memory, bone & joint health,
and increasing insulin sensitivity. The market is growing at a rapid pace due
to raising awareness about weight management and maintenance of a healthy
lifestyle, increasing incidences of diseases due to a sedentary lifestyle, and
a lack of balanced diet.
The global Glycine
Supplement Market Growth is expected to register a CAGR of 5.75% during the forecast period with a market
value of USD 62,152.83 thousand till 2025.
The increasing geriatric population,
growing incidences of diseases due to a sedentary lifestyle and a lack of
balanced diet, increasing awareness towards weight management, and maintenance
of a healthy lifestyle is anticipated to drive the market growth of the global
glycine supplement market. However, safety concerns of
glycine supplement and increasing regulatory pressures are expected to restrict the market growth.
Key Players:
·
HVMN Inc
·
Thorne
·
Source
Naturals
·
West-Coast
Pharmaceuticals Works Ltd
·
Pure
Encapsulation
·
Douglas
Laboratories
·
Best
Naturals
·
The
Nature's Bounty Co
·
Segment
Analysis:
·
The global glycine supplement market has been divided based on dosage form, application, and distribution channel.
·
The market, based on dosage form, has been segregated into solid and liquid.
Based on application,
the glycine supplement market has been divided into sleep problems, joint and bone
The global glycine supplement market, based on region,
has been divided into the Americas, Europe, Asia-Pacific, and the Middle East &
Africa. The Americas is likely to hold the largest share of the global glycine
supplement market during the assessment period. Increasing awareness towards
weight management and maintenance of a healthy lifestyle and well-established
players are likely to support the dominance of the Americas during the forecast
period. The Europe market established substantial growth in
the market due to the growing incidences of diseases
due to a sedentary lifestyle and a lack of balanced diet in this region.
Asia-Pacific is estimated to be the fastest-growing region in the global market
due to the increasing geriatric population and
increasing awareness towards weight management and maintenance, fueling the
growth of the glycine supplement market in the region. The glycine supplement market
in the Middle East & Africa is expected to witness gradual growth due to
the increasing awareness about glycine supplement.
NOTE : Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
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