Glycinates Market Synopsis:
Glycinates Market Size Was Valued at USD 1.18 Billion in 2023, and is Projected to Reach USD 1.78 Billion by 2032, Growing at a CAGR of 4.72% From 2024-2032.
Glycinates are state of metal of glycine of minerals chelate of amino acid chelating. These compounds are utilized to increase ability of minerals in different areas, such as food and drinks, animals’ feed, medicine, and beauty products. The glycinates are majorly used in the nutraceutical industries and more specifically as supplements of minerals for human and animals; with main thrust in enhancing assimilation and effectiveness of necessary minerals like zinc, magnesium, calcium, and copper. Importantly, glycinates are most effective in fields where boosting the effectiveness of minerals are necessary for health and productivity.
The market of glycinates took a great promotion particularly within the past few years due to the higher demand for bioavailable mineral products in numerous industries. The Glycinate form of chelated minerals is preferred because minerals complexed to glycine exhibit enhanced absorption than other mineral salts. This has made them a favorite in the food and drinking sector, particularly in the dietary supplement and functional food segments since they furnish the vital minerals in a creating that will be effortlessly soaked up by the body. Furthermore, it has been incorporated into the pharmaceutical industry since glycinates increase bioavailability of minerals employed for medical use.
Consumption of glycinates has increased in the animal feed sector mainly because they are well known to improve animal health and growth. Mineral supplements in glycinates acting as a carrier is beneficial for Livestock poultry & aquaculture helping in better nutrient, health immunity & productivity. This market’s development is, therefore, also fuelled by the growing understanding of the need for supplementary minerals in balancing human and animal diets. However, the market has challenges where the cost of production of glycinates is relatively high than the normal mineral supplements thus making the products to be expensive for regions of the Asian development. Nevertheless, the global glycinates market is projected to remain on an upward trend as more consumers and industries will realize the numerous health impacts of the glycinates.
Glycinates Market Trend Analysis:
Growing Preference for Chelated Minerals in Dietary Supplements
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The single largest trend in the glycinates market is that customers are increasingly tending to demand chelated minerals, especially in dietary supplements. Minerals are also vital nutrients essential in consumer’s daily diets, and with the rising concern about the bioavailability of minerals their consumption has boosted especially products with added minerals.
- Minerals in the chelate form are better absorbed than inorganic salts of sulphates and oxides for this reason; glycinates for example have gained popularity in nutrient supplements. Increasing consumer awareness towards natural and functional foods has seen many producers use glycinates as their preferred source of minerals in their products. This trend should continue to fuel growth in the market since more specialized glycinates formulations are going to be developed with special health benefits, for instance immunity booster, bone supplement, and cardiovascular health among others.
Expanding Applications in Animal Feed
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One promising trend in the glycinates market is to further use of these compounds in feeding of animals. The potentials of elements for improving quality of animal products like meat, eggs and milk are truly enormous and given that these products have increased demand worldwide, more efficient and effective means of supplying minerals has never been more needed. Therefore the glycinates are fortunately, a better option when it comes to the absorption and assimilation of minerals so crucial to effective animal health, growth, and production.
- With people’s affluence, especially in the developing world, shifting towards consuming more animal protein, the glycinates market in animal feed should receive a positive effect in the future as well. Moreover, with people paying more attention to eco-friendly farming systems as well as retaining animal well-being, glycinates provide a real solution for enhancing the nutritional value of animals’ feed without using a lot of minerals.
Glycinates Market Segment Analysis:
Glycinates Market is Segmented on the basis of type, application, form, and Region.
By Type, Magnesium Glycinate segment is expected to dominate the market during the forecast period
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By type the glycinates market can be divided into magnesium glycinate, calcium glycinate, zinc glycinate, and copper glycinate. Magnesium glycinate is a well absorbed form of magnesium that is frequently used in commercial magnesium products for dietary supplements with muscle function and relaxation. Calcium glycinate is preferred more because of its impact on the stomach, particularly it does not affect the stomach linings hence most preferred for those who have concerns in their bone masses, calcium levels when taken without feeling uncomfortable. Zinc glycinate and copper glycinate are used because these minerals, absorbed better than other forms of zinc and copper, support the immune system, the skin, and vitality.
- Other types of Glycinates are Iron glycinate, Manganese glycinate and Sodium glycinate. Iron glycinate is used since it is more bioavailability and has lesser GI side effects than conventional iron supplements among patients with iron deficiency. Manganese glycinate is used on the basis of its antioxidant activity and to promote bone and cartilage health and sodium glycinate though less frequently used may be employed based on specific applications. Every one of them has a significant function in meeting the needs of various mineral-deficient diseases and better health status, thus leading to the market of nutraceuticals, pharmaceuticals and animal feed.
By Application, Animal Feed segment expected to held the largest share
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The glycinates market is actively used in several major sectors, which contribute to its further consumption. In animal feed industry, glycinates are mainly applied in the performance improvement of absorption and biological availability of several critical animal minerals. In livestock, poultry, and aquaculture use, MCP has been received well because of its positive effects on mineral utilisation and gut health, which are invaluable in modern high performing animals. Pharmaceutical and nutraceutical industries are also the massive application where glycinates act as a mineral carrier in supplements, thus enhancing the uptake of magnesium, zinc and calcium. This is critical in replenishing deficiencies, enhancing immune system and bone, and overall health in ways especially useful for populations requiring increased minerals or with poor absorption capability.
- Moreover, the uses of glycinates have also been featured in functional foods and beverages, where they function as minerals delivery systems that improve nutritional profiles. Given the heightened interest in healthy foods and beverages, glycinates make a more appealing supplement to foods targeted at markets where health is a major concern. The additional segment of endorsing contribution towards market growth is cosmetics and personal care since glycinates and principally the zinc and copper glycinates find their application in skin care products because of their anti-inflammatory, free radical scavenging, and inherent healing capabilities. Such a broad variety of niches in vital industries drives the demand for glycinates and their growth across the international market.
Glycinates Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
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It is forecasted that North America region will continue dominant in the glycinates market in 2023 with the market share of over 40%. This dominance can be explained by the increased demand for the bioavailable mineral supplements in nutrition of human and animal in the United States and Canada. The well-entrenched pharmaceutical industry, the dietary supplements and the animal feed industries in the region is a major factor that is complementing the market growth of glycinates since they offer better bioavailability and effectivity.
- North America also has a good population that is aware of the healthy benefits associated with the consumption of natural and functional products. Moreover, leading participants operating in the region and constant flow of investments towards research development create a positive scope for the market. The North American market will continue to lead the market as awareness of the value of glycinates rises leading both to demand and advancements.
Active Key Players in the Glycinates Market:
- AkzoNobel N.V. (Netherlands)
- Albion Laboratories, Inc. (USA)
- BASF SE (Germany)
- Belovo International, Inc. (USA)
- Biofarma (Turkey)
- Cargill, Inc. (USA)
- Clariant AG (Switzerland)
- Dover Chemical Corporation (USA)
- Hunan Nutramax Inc. (China)
- Kemin Industries, Inc. (USA)
- Lanxess AG (Germany)
- Novus International, Inc. (USA)
- Phibro Animal Health Corporation (USA)
- Royal DSM N.V. (Netherlands)
- VITACOGNIA (USA)
- Other Active Players
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Glycinates Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
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Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 1.18 Billion |
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Forecast Period 2024-32 CAGR: |
4.72% |
Market Size in 2032: |
USD 1.78 Billion |
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Segments Covered: |
By Type |
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By Application |
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By Form |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Glycinates Market by Type
4.1 Glycinates Market Snapshot and Growth Engine
4.2 Glycinates Market Overview
4.3 Magnesium Glycinate
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Magnesium Glycinate: Geographic Segmentation Analysis
4.4 Calcium Glycinate
4.4.1 Introduction and Market Overview
4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.4.3 Key Market Trends, Growth Factors and Opportunities
4.4.4 Calcium Glycinate: Geographic Segmentation Analysis
4.5 Zinc Glycinate
4.5.1 Introduction and Market Overview
4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.5.3 Key Market Trends, Growth Factors and Opportunities
4.5.4 Zinc Glycinate: Geographic Segmentation Analysis
4.6 Copper Glycinate
4.6.1 Introduction and Market Overview
4.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.6.3 Key Market Trends, Growth Factors and Opportunities
4.6.4 Copper Glycinate: Geographic Segmentation Analysis
4.7 Iron Glycinate
4.7.1 Introduction and Market Overview
4.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.7.3 Key Market Trends, Growth Factors and Opportunities
4.7.4 Iron Glycinate: Geographic Segmentation Analysis
4.8 Manganese Glycinate
4.8.1 Introduction and Market Overview
4.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.8.3 Key Market Trends, Growth Factors and Opportunities
4.8.4 Manganese Glycinate: Geographic Segmentation Analysis
4.9 Sodium Glycinate
4.9.1 Introduction and Market Overview
4.9.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.9.3 Key Market Trends, Growth Factors and Opportunities
4.9.4 Sodium Glycinate: Geographic Segmentation Analysis
Chapter 5: Glycinates Market by Application
5.1 Glycinates Market Snapshot and Growth Engine
5.2 Glycinates Market Overview
5.3 Animal Feed
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Animal Feed: Geographic Segmentation Analysis
5.4 Pharmaceutical/Nutraceutical
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Pharmaceutical/Nutraceutical: Geographic Segmentation Analysis
5.5 Food & Beverage
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Food & Beverage: Geographic Segmentation Analysis
5.6 Cosmetics & Personal Care
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Cosmetics & Personal Care: Geographic Segmentation Analysis
Chapter 6: Glycinates Market by Form
6.1 Glycinates Market Snapshot and Growth Engine
6.2 Glycinates Market Overview
6.3 Dry
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Dry: Geographic Segmentation Analysis
6.4 Liquid
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Liquid: Geographic Segmentation Analysis
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Benchmarking
7.1.2 Glycinates Market Share by Manufacturer (2023)
7.1.3 Industry BCG Matrix
7.1.4 Heat Map Analysis
7.1.5 Mergers and Acquisitions
7.2 AKZONOBEL N.V. (NETHERLANDS)
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Role of the Company in the Market
7.2.5 Sustainability and Social Responsibility
7.2.6 Operating Business Segments
7.2.7 Product Portfolio
7.2.8 Business Performance
7.2.9 Key Strategic Moves and Recent Developments
7.2.10 SWOT Analysis
7.3 ALBION LABORATORIES INC. (USA)
7.4 BASF SE (GERMANY)
7.5 BELOVO INTERNATIONAL INC. (USA)
7.6 BIOFARMA (TURKEY)
7.7 CARGILL INC. (USA)
7.8 CLARIANT AG (SWITZERLAND)
7.9 DOVER CHEMICAL CORPORATION (USA)
7.10 HUNAN NUTRAMAX INC. (CHINA)
7.11 KEMIN INDUSTRIES INC. (USA)
7.12 LANXESS AG (GERMANY)
7.13 NOVUS INTERNATIONAL INC. (USA)
7.14 PHIBRO ANIMAL HEALTH CORPORATION (USA)
7.15 ROYAL DSM N.V. (NETHERLANDS)
7.16 VITACOGNIA (USA)
7.17 OTHER ACTIVE PLAYERS
Chapter 8: Global Glycinates Market By Region
8.1 Overview
8.2. North America Glycinates Market
8.2.1 Key Market Trends, Growth Factors and Opportunities
8.2.2 Top Key Companies
8.2.3 Historic and Forecasted Market Size by Segments
8.2.4 Historic and Forecasted Market Size By Type
8.2.4.1 Magnesium Glycinate
8.2.4.2 Calcium Glycinate
8.2.4.3 Zinc Glycinate
8.2.4.4 Copper Glycinate
8.2.4.5 Iron Glycinate
8.2.4.6 Manganese Glycinate
8.2.4.7 Sodium Glycinate
8.2.5 Historic and Forecasted Market Size By Application
8.2.5.1 Animal Feed
8.2.5.2 Pharmaceutical/Nutraceutical
8.2.5.3 Food & Beverage
8.2.5.4 Cosmetics & Personal Care
8.2.6 Historic and Forecasted Market Size By Form
8.2.6.1 Dry
8.2.6.2 Liquid
8.2.7 Historic and Forecast Market Size by Country
8.2.7.1 US
8.2.7.2 Canada
8.2.7.3 Mexico
8.3. Eastern Europe Glycinates Market
8.3.1 Key Market Trends, Growth Factors and Opportunities
8.3.2 Top Key Companies
8.3.3 Historic and Forecasted Market Size by Segments
8.3.4 Historic and Forecasted Market Size By Type
8.3.4.1 Magnesium Glycinate
8.3.4.2 Calcium Glycinate
8.3.4.3 Zinc Glycinate
8.3.4.4 Copper Glycinate
8.3.4.5 Iron Glycinate
8.3.4.6 Manganese Glycinate
8.3.4.7 Sodium Glycinate
8.3.5 Historic and Forecasted Market Size By Application
8.3.5.1 Animal Feed
8.3.5.2 Pharmaceutical/Nutraceutical
8.3.5.3 Food & Beverage
8.3.5.4 Cosmetics & Personal Care
8.3.6 Historic and Forecasted Market Size By Form
8.3.6.1 Dry
8.3.6.2 Liquid
8.3.7 Historic and Forecast Market Size by Country
8.3.7.1 Russia
8.3.7.2 Bulgaria
8.3.7.3 The Czech Republic
8.3.7.4 Hungary
8.3.7.5 Poland
8.3.7.6 Romania
8.3.7.7 Rest of Eastern Europe
8.4. Western Europe Glycinates Market
8.4.1 Key Market Trends, Growth Factors and Opportunities
8.4.2 Top Key Companies
8.4.3 Historic and Forecasted Market Size by Segments
8.4.4 Historic and Forecasted Market Size By Type
8.4.4.1 Magnesium Glycinate
8.4.4.2 Calcium Glycinate
8.4.4.3 Zinc Glycinate
8.4.4.4 Copper Glycinate
8.4.4.5 Iron Glycinate
8.4.4.6 Manganese Glycinate
8.4.4.7 Sodium Glycinate
8.4.5 Historic and Forecasted Market Size By Application
8.4.5.1 Animal Feed
8.4.5.2 Pharmaceutical/Nutraceutical
8.4.5.3 Food & Beverage
8.4.5.4 Cosmetics & Personal Care
8.4.6 Historic and Forecasted Market Size By Form
8.4.6.1 Dry
8.4.6.2 Liquid
8.4.7 Historic and Forecast Market Size by Country
8.4.7.1 Germany
8.4.7.2 UK
8.4.7.3 France
8.4.7.4 The Netherlands
8.4.7.5 Italy
8.4.7.6 Spain
8.4.7.7 Rest of Western Europe
8.5. Asia Pacific Glycinates Market
8.5.1 Key Market Trends, Growth Factors and Opportunities
8.5.2 Top Key Companies
8.5.3 Historic and Forecasted Market Size by Segments
8.5.4 Historic and Forecasted Market Size By Type
8.5.4.1 Magnesium Glycinate
8.5.4.2 Calcium Glycinate
8.5.4.3 Zinc Glycinate
8.5.4.4 Copper Glycinate
8.5.4.5 Iron Glycinate
8.5.4.6 Manganese Glycinate
8.5.4.7 Sodium Glycinate
8.5.5 Historic and Forecasted Market Size By Application
8.5.5.1 Animal Feed
8.5.5.2 Pharmaceutical/Nutraceutical
8.5.5.3 Food & Beverage
8.5.5.4 Cosmetics & Personal Care
8.5.6 Historic and Forecasted Market Size By Form
8.5.6.1 Dry
8.5.6.2 Liquid
8.5.7 Historic and Forecast Market Size by Country
8.5.7.1 China
8.5.7.2 India
8.5.7.3 Japan
8.5.7.4 South Korea
8.5.7.5 Malaysia
8.5.7.6 Thailand
8.5.7.7 Vietnam
8.5.7.8 The Philippines
8.5.7.9 Australia
8.5.7.10 New Zealand
8.5.7.11 Rest of APAC
8.6. Middle East & Africa Glycinates Market
8.6.1 Key Market Trends, Growth Factors and Opportunities
8.6.2 Top Key Companies
8.6.3 Historic and Forecasted Market Size by Segments
8.6.4 Historic and Forecasted Market Size By Type
8.6.4.1 Magnesium Glycinate
8.6.4.2 Calcium Glycinate
8.6.4.3 Zinc Glycinate
8.6.4.4 Copper Glycinate
8.6.4.5 Iron Glycinate
8.6.4.6 Manganese Glycinate
8.6.4.7 Sodium Glycinate
8.6.5 Historic and Forecasted Market Size By Application
8.6.5.1 Animal Feed
8.6.5.2 Pharmaceutical/Nutraceutical
8.6.5.3 Food & Beverage
8.6.5.4 Cosmetics & Personal Care
8.6.6 Historic and Forecasted Market Size By Form
8.6.6.1 Dry
8.6.6.2 Liquid
8.6.7 Historic and Forecast Market Size by Country
8.6.7.1 Turkiye
8.6.7.2 Bahrain
8.6.7.3 Kuwait
8.6.7.4 Saudi Arabia
8.6.7.5 Qatar
8.6.7.6 UAE
8.6.7.7 Israel
8.6.7.8 South Africa
8.7. South America Glycinates Market
8.7.1 Key Market Trends, Growth Factors and Opportunities
8.7.2 Top Key Companies
8.7.3 Historic and Forecasted Market Size by Segments
8.7.4 Historic and Forecasted Market Size By Type
8.7.4.1 Magnesium Glycinate
8.7.4.2 Calcium Glycinate
8.7.4.3 Zinc Glycinate
8.7.4.4 Copper Glycinate
8.7.4.5 Iron Glycinate
8.7.4.6 Manganese Glycinate
8.7.4.7 Sodium Glycinate
8.7.5 Historic and Forecasted Market Size By Application
8.7.5.1 Animal Feed
8.7.5.2 Pharmaceutical/Nutraceutical
8.7.5.3 Food & Beverage
8.7.5.4 Cosmetics & Personal Care
8.7.6 Historic and Forecasted Market Size By Form
8.7.6.1 Dry
8.7.6.2 Liquid
8.7.7 Historic and Forecast Market Size by Country
8.7.7.1 Brazil
8.7.7.2 Argentina
8.7.7.3 Rest of SA
Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies
Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research
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Glycinates Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
|
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 1.18 Billion |
|
Forecast Period 2024-32 CAGR: |
4.72% |
Market Size in 2032: |
USD 1.78 Billion |
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Segments Covered: |
By Type |
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By Application |
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By Form |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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