Aluminium Glycinate Market
Aluminium Glycinate Market
The market for Aluminium Glycinate was estimated at $323.40 million in 2024; it is anticipated to increase to $421 million by 2030, with projections indicating growth to around $524 million by 2035.
Global Aluminium Glycinate Market Outlook
Revenue, 2024 (US$M)
$323M
Forecast, 2034 (US$M)
$502M
CAGR, 2024 - 2034
4.5%
Market Key Insights
- The Aluminium Glycinate market is projected to grow from $323.4 million in 2024 to $502 million in 2034. This represents a CAGR of 4.5%, reflecting rising demand across Nutritional Supplements, Pharmaceutical Industry and Industrial Production.
- Anmol Chemicals, American Elements, Alfa Aesar (Thermo Fisher Scientific) are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Aluminium Glycinate market and are expected to observe the growth CAGR of 3.1% to 4.1% between 2024 and 2030.
- Emerging markets including Brazil, South Korea and Malaysia are expected to observe highest growth with CAGR ranging between 5.0% to 6.3%.
- Transition like Transition from Premium to Affordable Health Supplements is expected to add $24.2 million to the Aluminium Glycinate market growth by 2030
- The Aluminium Glycinate market is set to add $179 million between 2024 and 2034, with manufacturer targeting Nutraceuticals & Food Additives Application projected to gain a larger market share.
- With Increasing demand in nutraceutical industry, and Technological advancements in pharmaceuticals, Aluminium Glycinate market to expand 55% between 2024 and 2034.
Opportunities in the Aluminium Glycinate
Aluminum Glycinates innovative qualities have made it valuable in fields such as farming and agriculture by delivering vital nutrients to plants for better growth and development of crops in countries, like India and Brazil with flourishing agricultural sectors.
Growth Opportunities in North America and Asia-Pacific
North America Outlook
Asia-Pacific Outlook
Market Dynamics and Supply Chain
Driver: Increasing Demand in Nutraceutical Industry, and Expansion in Personal Care Products Industry
Restraint: Regulatory Compliance Constraints
Opportunity: Expanding Global Health Supplement Market and Flourishing Cosmetic Industry
Challenge: Raw Material Fluctuations
Supply Chain Landscape
Raw Material Procurement
Rio Tinto Alcan
Alcoa Corporation
Alloy Preparation
Novelis Inc
Aluminum Corporation of China
Primary Production
Norsk Hydro ASA
Emirates Global Aluminium
End User Industry
Nutrition Supplements
Personal Care Products
Raw Material Procurement
Rio Tinto Alcan
Alcoa Corporation
Alloy Preparation
Novelis Inc
Aluminum Corporation of China
Primary Production
Norsk Hydro ASA
Emirates Global Aluminium
End User Industry
Nutrition Supplements
Personal Care Products