BASF (Germany) and Albion Laboratories (US) are the Key Players in the Glycinates Market
The key players profiled in the glycinates market, which have a strong global presence, include BASF (Germany), Solvay (Belgium), Ajinomoto (Japan), Clariant (Switzerland), and Albion Laboratories (US). Other players include as Shijiazhuang Donghua Jinlong Chemical (China), Galaxy Surfactants (India), Novotech Nutraceuticals (US), Schaumann (Germany), Dunstan Nutrition (New Zealand), Aliphos (Belgium), Chaitanya Chemicals (India), and Provit (Poland).
The key market players adopted various growth strategies such as expansions, agreements & partnerships, and mergers & acquisitions to cater to the increasing demand for glycinates. Companies have been expanding their operations in various regions across the globe to establish themselves as leading players in the glycinates market.
The key players are focusing on strategic expansion to enhance their presence in the glycinates market. For instance, companies such as Ajinomoto and Clariant are focusing on expanding their glycinate manufacturing capacity, to strengthen their presence in the market. Some key companies also adopted strategies such as agreements and acquisitions to geographically expand their reach.
BASF, one of the global leaders in the glycinates market, offers glycinate products for the improvement of animal feed with applications in aquaculture, poultry, pigs, ruminants, and pet industries. The company invests in expansions for the development of new facilities to cater to its widespread customer base and focuses on establishing new facilities to stay ahead of its competitors. For instance, in 2016, BASF expanded its presence in animal nutrition application in the Asian market by relocating in Singapore to cater to the increased demand for meat, milk, and egg in this region. The company has further increased its presence in the glycinates market space through new product launches. For instance, in 2014, the company launched copper, iron, manganese, and zinc glycinates for the animal feed industry.
Albion Laboratories provides a wide range of mineral amino acid chelates such as calcium glycinate chelate, copper bisglycinate chelate, and manganese bisglycinate chelate products for various applications such as beverages, prepared foods, dairy products, confectioneries, and nutrition supplements. The company focuses on new product launches to strengthen its position in the mineral nutrition category. For instance, in 2015, Albion launched two products for its sports nutrition category, having extended applications in foods, and other beverages, capsules, and tablets.
Related Reports:
Glycinates Market by Type (Magnesium, Zinc, Calcium, Manganese, Copper, Sodium), Form (Dry and Liquid), and Application (Pharmaceuticals/Nutraceuticals, Food Additives, Feed Additives, Personal Care Products), and Region - Global Forecast to 2022
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