Glycine Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2028

Glycine Market was valued at USD 560.5 million in 2021 and is expected to grow at a CAGR of 4% between 2022 and 2028. Glycine is an organic compound and is known to be the smallest of the 20 amino acids found in proteins. L or d is the only amino acid that does not form optical rotation. It is a colorless, sweet-tasting crystalline solid. The growing market for global beef and veal production is a major factor in boosting the global glycine market. Glycine provides essential knowledge of protein, fiber, and energy in the form of livestock feed additives that result in increased yields and also cost savings resulting in additional protein and complementary additives.

Top Major Key Players

● Ajinomoto
● Yuki Gosei Kogyo
● Showa Denko KK
● GEO Specialty Chemicals
● Chattem Chemicals
● Paras Intermediates
● Evonik
● Avid Organics
● Kumar Industries
● Shijiazhuang Donghua Jinlong Chemical
● Hebei Donghua Jiheng Chemical
● Linxi Hongtai
● Hubei Xingfa Chemicals Group
● Zhenxing Chemical
● Newtrend Group
● Henan HDF Chemical

By Product type

● Glycine-Food Grade
● Glycine-Tech Grade
● Glycine-Pharma Grade

By Application

● Pesticide Industry
● Feed Industry
● Food Industry
● Pharmaceuticals Industry
● Other

 

Scope of the Report

The research study analyzes the global Glycine Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Glycine Market Report

1. What was the Glycine Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Glycine Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Glycine Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

The report covers the following objectives:
• Proliferation and maturation of trade in the global Glycine market.
• The market share of the global Glycine market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the global Glycine market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Glycine market.