Magnesium Glycinate Market
The market for Magnesium Glycinate was estimated at $1.4 billion in 2024; it is anticipated to increase to $2.1 billion by 2030, with projections indicating growth to around $2.9 billion by 2035.
Global Magnesium Glycinate Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Magnesium Glycinate industry revenue is expected to be around $1.5 billion in 2025 and expected to showcase growth with 6.7% CAGR between 2025 and 2034. The lasting importance of Magnesium Glycinate in the market can be credited to a variety of major factors driving its popularity. With its significant contribution to enhancing general health and well being foremost among them. This essential mineral plays a role in facilitating more than 300 biochemical reactions within the human body; thus highlighting its undeniable significance. Increasing awareness about health among individuals along with a growing demand, within the pharmaceutical industry and the backing of health organizations globally add further weight to its enduring market value.
Highlight a variety of aspects of Magnesium Glyciante as a highly absorbable form of magnesium that promotes optimal absorption and utilization within the body across various areas such as dietary supplements and pharmaceutical products among others. Aiding in managing issues like sleeplessness and stress while also addressing muscle spasms and similar concerns effectively. The current shift towards healthcare practices and the rise, in personalized nutrition have significantly boosted the popularity of this versatile nutrient. From addressing long term health conditions to meeting needs effectively Magnesium Glycolate provides strong remedies that contribute to its widespread use worldwide.
Market Key Insights
- The Magnesium Glycinate market is projected to grow from $1.4 billion in 2024 to $2.7 billion in 2034. This represents a CAGR of 6.7%, reflecting rising demand across Dietary Supplements, Nutraceuticals and Pharmaceuticals.
- Albion Laboratories Inc., Balchem Corporation, Jost Chemical Co. are among the leading players in this market, shaping its competitive landscape.
- U.S. and Canada are the top markets within the Magnesium Glycinate market and are expected to observe the growth CAGR of 4.4% to 6.4% between 2024 and 2030.
- Emerging markets including Brazil, Russia and India are expected to observe highest growth with CAGR ranging between 7.7% to 9.2%.
- Transition like Transition to Nutraceutical Industry has greater influence in United States and Canada market's value chain; and is expected to add $66 million of additional value to Magnesium Glycinate industry revenue by 2030.
- The Magnesium Glycinate market is set to add $1.3 billion between 2024 and 2034, with manufacturer targeting Pharmaceutical products & Food fortification End-User Application projected to gain a larger market share.
- With Increasing demand in nutraceutical industry, and Superlative absorption rate, Magnesium Glycinate market to expand 91% between 2024 and 2034.