Global Glycine Market Growth 2024-2030

Global Glycine Market Growth 2024-2030

Glycine is an organic compound and is known as the smallest of the 20 amino acids, which are found in proteins. It is the only amino acid that does not form an L or D optical rotation. It is a colorless, sweet-tasting crystalline solid.

The global Glycine market size is projected to grow from US$ 1327 million in 2024 to US$ 1626 million in 2030; it is expected to grow at a CAGR of 3.4% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Glycine Industry Forecast” looks at past sales and reviews total world Glycine sales in 2023, providing a comprehensive analysis by region and market sector of projected Glycine sales for 2024 through 2030. With Glycine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Glycine industry.

This Insight Report provides a comprehensive analysis of the global Glycine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Glycine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Glycine market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Glycine and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Glycine.

The major global manufacturers of glycine include Ajinomoto, Yuki Gosei Kogyo and Resonac. The top three manufacturers account for approximately 73% of the global share. Global production areas are mainly distributed in North America, China, Japan, India and Southeast Asia. China is the world's largest market, accounting for nearly 76% of the market share. In terms of product type, Glycine-Tech Grade is the largest segment, accounting for approximately 53% of the market share. In terms of application, the largest application is pesticides industry, with a share of approximately 50%.

This report presents a comprehensive overview, market shares, and growth opportunities of Glycine market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Glycine-Food Grade
Glycine-Tech Grade
Glycine-Pharma Grade

Segmentation by Application:
Pesticide Industry
Feed Industry
Food Industry
Pharmaceuticals Industry
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Ajinomoto
Yuki Gosei Kogyo
Resonac
GEO Specialty Chemicals
Chattem Chemicals
Evonik
Shijiazhuang Donghua Jinlong Chemical
Hebei Donghua Jiheng Chemical
Hubei Xingfa Chemicals Group
Paras Intermediates
Zhenxing Chemical
Newtrend Group
Avid Organics
Kumar Industries
Henan HDF Chemical

Key Questions Addressed in this Report

What is the 10-year outlook for the global Glycine market?

What factors are driving Glycine market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Glycine market opportunities vary by end market size?

How does Glycine break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.