[250 Pages Report] The sales in the global glycine market are anticipated to surpass a valuation of US$ 700 Mn by 2022, rising at a CAGR of around 4% to 5% during the forecast period 2022-2032. The demand for glycine is expected to reach US$ 1050 Mn by the end of 2032, in comparison to the US$ 660 Mn registered in the year 2021. North America is expected to account for nearly 1/3rd of glycine sales through 2032.
Report Attribute | Details |
---|---|
Glycine Market Base Year Value (2021) | US$ 660 Million |
Glycine Market Expected Value (2022) | US$ 700 Million |
Glycine Market Anticipated Value (2032) | US$ 1050 Million |
Glycine Market Projected Growth Rate (2022-2032) | 4% to 5% CAGR |
Glycine Estimated Sales Across North America Market (2022) | 33% |
Glycine, also referred to as gly, is the simplest amino acid having a single hydrogen atom and is available in large quantity naturally. It is colorless transparent solid with sweet sugared flavored which is water soluble amino acid. Glycine is considered as the building blocks of proteins and is used as amino acids to produce proteins in the human body.
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Due to the increasing consumption of meat and growing usage of products made using animal such as wool, leather, horn, and others, a significant rise in population of cattle such as sheep, goat, buffalo, and others is being witnessed across the globe.
For instance, as per a study by the Department of Animal Husbandry and Dairying, the population of sheep, goats, and cows reached 74.26 Mn, 148.88 Mn, and 145.91 Mn were registered across India respectively in the years 2019. As glycine is increasingly used as a nutritional supplement in the animal feed sector, owing to its ability to regulate all metabolic processes, growing population of cattle is expected to bolster the sales in the global market.
Also, the governments of several countries are emphasizing on undertaking a number of initiatives to increase the population and raise the breeding activities of cattle, which is further, estimated to augment the demand for glycine in the market.
There are numerous side effects associated with the use and consumption of glycine such as nausea, drowsiness, vomiting, stomach upset, and diarrhea. This is discouraging end users to use glycine in their products such as animal feeds, food & beverage products, dietary supplements, and others, which is in turn, hindering the growth in the global market.
In addition to this presence of alternatives such as arginine and other solubilizing agents, emulsifier, and sweeteners across cosmetics and food & beverage sectors is impeding the sales of glycine in the market.
North America is estimated to account for a significant share in the global glycine market between 2022 and 2032, states Future Market Insights.
Due to growing adoption of sundry lifestyles and changing eating habits, there is a swift rise in metabolic syndrome and sleep problems, resulting in fueling the demand for associated treatment and medications.
For instance, according to the American Sleep Association, approximately 50 to 70 million people across the U.S. have sleep disorders, out of which 25 Mn of the adults suffers from obstructive sleep apnea. As glycine is extensively used in the formulation of medication for the aforementioned diseases, growing burden of sleep problems is expected to accelerate the demand in the global market.
As per FMI, South Asia is projected to register growth at a rapid CAGR in the global glycine market during the forecast period 2022-2032,
Glycine is gaining huge popularity across the pharmaceutical industry owing to its antimicrobial properties. It is widely being employed in the treatment of numerous mental disorders, such as schizophrenia.
Furthermore, growing usage of glycine as additional therapeutics for protecting kidneys from side effects, caused post the consumption of specific drugs after the organ transplantation is favoring the sales. Hence, increasing number of organ transplantation procedures across the countries such as China, Japan, South Korea, and others is anticipated to augment the growth in the South Asia market.
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Some of the leading players in the glycine market are Ajinomoto, GEO Specialty Chemicals, Yuki Gosei Kogyo, Guangrong Chemical, Showa Denko KK, Chattem Chemicals, Evonik, Paras Intermediates Private Limited, Linxi Hongtai, Shijiazhuang Donghua Jinlong Chemical, Zhenxing Chemical, Hebei Donghua Jiheng Chemical, Hubei Xingfa Chemicals Group, and others.
Leading participants in the glycine market are focusing at adopting capacity expansion, collaboration, mergers & acquisitions strategies to gain edge in the highly competitive market.
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 4% to 5% from 2022 to 2032 |
Base Year for Estimation | 2021 |
Historical Data | 2015-2020 |
Forecast Period | 2022-2032 |
Quantitative Units | Revenue in USD Million and CAGR from 2022-2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered |
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Countries Covered |
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Key Companies Profiled |
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Customization | Available Upon Request |
FMI projects the demand for glycine market to expand at 4% to 5% value CAGR over the forecast period 2022-2032.
The glycine market is dominated by North America, and this trend is projected to continue for the assessment period.
Ajinomoto, GEO Specialty Chemicals, Yuki Gosei Kogyo, Guangrong Chemical, Showa Denko KK, Chattem Chemicals, Evonik, Paras Intermediates Private Limited, Linxi Hongtai, Shijiazhuang Donghua Jinlong Chemical, Zhenxing Chemical, Hebei Donghua Jiheng Chemical, Hubei Xingfa Chemicals Group, and others are some key glycine manufacturer.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Glycine Market Analysis 2017-2021 and Forecast, 2022-2032
4.1. Historical Market Size Value (US$ Mn) & Volume (MT) Analysis, 2017-2021
4.2. Current and Future Market Size Value (US$ Mn) & Volume (MT) Projections, 2022-2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Glycine Market Analysis 2017-2021 and Forecast 2022-2032, By Grade
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Mn) & Volume (MT) Analysis By Grade, 2017-2021
5.3. Current and Future Market Size Value (US$ Mn) & Volume (MT) Analysis and Forecast By Grade, 2022-2032
5.3.1. Food & Feed Grade
5.3.2. Technical Grade
5.3.3. Pharmaceutical Grade
5.4. Y-o-Y Growth Trend Analysis By Grade, 2017-2021
5.5. Absolute $ Opportunity Analysis By Grade, 2022-2032
Deep-dive segmentation will be available in the sample on request
6. Global Glycine Market Analysis 2017-2021 and Forecast 2022-2032, By End-Use
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Mn) & Volume (MT) Analysis By End-Use, 2017-2021
6.3. Current and Future Market Size Value (US$ Mn) & Volume (MT) Analysis and Forecast By End-Use, 2022-2032
6.3.1. Food
6.3.2. Pet Food
6.3.3. Animal Feed
6.3.4. Chemical
6.3.5. Pharmaceutical
6.3.6. Cosmetics and Personal Care
6.3.7. Nutraceutical
6.3.8. Other End-Uses
6.4. Y-o-Y Growth Trend Analysis By End-Use, 2017-2021
6.5. Absolute $ Opportunity Analysis By End-Use, 2022-2032
Deep-dive segmentation will be available in the sample on request
7. Global Glycine Market Analysis 2017-2021 and Forecast 2022-2032, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Mn) & Volume (MT) Analysis By Region, 2017-2021
7.3. Current Market Size Value (US$ Mn) & Volume (MT) Analysis and Forecast By Region, 2022-2032
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. East Asia
7.3.5. South Asia & Pacific
7.3.6. MEA
7.4. Market Attractiveness Analysis By Region
8. North America Glycine Market Analysis 2017-2021 and Forecast 2022-2032, By Country
8.1. Historical Market Size Value (US$ Mn) & Volume (MT) Trend Analysis By Market Taxonomy, 2017-2021
8.2. Market Size Value (US$ Mn) & Volume (MT) Forecast By Market Taxonomy, 2022-2032
8.2.1. By Country
8.2.1.1. U.S.
8.2.1.2. Canada
8.2.2. By Grade
8.2.3. By End-Use
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Grade
8.3.3. By End-Use
8.4. Key Takeaways
9. Latin America Glycine Market Analysis 2017-2021 and Forecast 2022-2032, By Country
9.1. Historical Market Size Value (US$ Mn) & Volume (MT) Trend Analysis By Market Taxonomy, 2017-2021
9.2. Market Size Value (US$ Mn) & Volume (MT) Forecast By Market Taxonomy, 2022-2032
9.2.1. By Country
9.2.1.1. Brazil
9.2.1.2. Mexico
9.2.1.3. Rest of Latin America
9.2.2. By Grade
9.2.3. By End-Use
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Grade
9.3.3. By End-Use
9.4. Key Takeaways
10. Europe Glycine Market Analysis 2017-2021 and Forecast 2022-2032, By Country
10.1. Historical Market Size Value (US$ Mn) & Volume (MT) Trend Analysis By Market Taxonomy, 2017-2021
10.2. Market Size Value (US$ Mn) & Volume (MT) Forecast By Market Taxonomy, 2022-2032
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. U.K.
10.2.1.3. France
10.2.1.4. Spain
10.2.1.5. Italy
10.2.1.6. Rest of Europe
10.2.2. By Grade
10.2.3. By End-Use
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Grade
10.3.3. By End-Use
10.4. Key Takeaways
11. East Asia Glycine Market Analysis 2017-2021 and Forecast 2022-2032, By Country
11.1. Historical Market Size Value (US$ Mn) & Volume (MT) Trend Analysis By Market Taxonomy, 2017-2021
11.2. Market Size Value (US$ Mn) & Volume (MT) Forecast By Market Taxonomy, 2022-2032
11.2.1. By Country
11.2.1.1. China
11.2.1.2. Japan
11.2.1.3. South Korea
11.2.2. By Grade
11.2.3. By End-Use
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Grade
11.3.3. By End-Use
11.4. Key Takeaways
12. South Asia & Pacific Glycine Market Analysis 2017-2021 and Forecast 2022-2032, By Country
12.1. Historical Market Size Value (US$ Mn) & Volume (MT) Trend Analysis By Market Taxonomy, 2017-2021
12.2. Market Size Value (US$ Mn) & Volume (MT) Forecast By Market Taxonomy, 2022-2032
12.2.1. By Country
12.2.1.1. India
12.2.1.2. Thailand
12.2.1.3. Indonesia
12.2.1.4. Malaysia
12.2.1.5. Singapore
12.2.1.6. Australia
12.2.1.7. New Zealand
12.2.1.8. Rest of South Asia & Pacific
12.2.2. By Grade
12.2.3. By End-Use
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Grade
12.3.3. By End-Use
12.4. Key Takeaways
13. MEA Glycine Market Analysis 2017-2021 and Forecast 2022-2032, By Country
13.1. Historical Market Size Value (US$ Mn) & Volume (MT) Trend Analysis By Market Taxonomy, 2017-2021
13.2. Market Size Value (US$ Mn) & Volume (MT) Forecast By Market Taxonomy, 2022-2032
13.2.1. By Country
13.2.1.1. GCC Countries
13.2.1.2. South Africa
13.2.1.3. Israel
13.2.1.4. Rest of MEA
13.2.2. By Grade
13.2.3. By End-Use
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Grade
13.3.3. By End-Use
13.4. Key Takeaways
14. Key Countries Glycine Market Analysis
14.1. U.S.
14.1.1. Pricing Analysis
14.1.2. Market Share Analysis, 2021
14.1.2.1. By Grade
14.1.2.2. By End-Use
14.2. Canada
14.2.1. Pricing Analysis
14.2.2. Market Share Analysis, 2021
14.2.2.1. By Grade
14.2.2.2. By End-Use
14.3. Brazil
14.3.1. Pricing Analysis
14.3.2. Market Share Analysis, 2021
14.3.2.1. By Grade
14.3.2.2. By End-Use
14.4. Mexico
14.4.1. Pricing Analysis
14.4.2. Market Share Analysis, 2021
14.4.2.1. By Grade
14.4.2.2. By End-Use
14.5. Germany
14.5.1. Pricing Analysis
14.5.2. Market Share Analysis, 2021
14.5.2.1. By Grade
14.5.2.2. By End-Use
14.6. U.K.
14.6.1. Pricing Analysis
14.6.2. Market Share Analysis, 2021
14.6.2.1. By Grade
14.6.2.2. By End-Use
14.7. France
14.7.1. Pricing Analysis
14.7.2. Market Share Analysis, 2021
14.7.2.1. By Grade
14.7.2.2. By End-Use
14.8. Spain
14.8.1. Pricing Analysis
14.8.2. Market Share Analysis, 2021
14.8.2.1. By Grade
14.8.2.2. By End-Use
14.9. Italy
14.9.1. Pricing Analysis
14.9.2. Market Share Analysis, 2021
14.9.2.1. By Grade
14.9.2.2. By End-Use
14.10. China
14.10.1. Pricing Analysis
14.10.2. Market Share Analysis, 2021
14.10.2.1. By Grade
14.10.2.2. By End-Use
14.11. Japan
14.11.1. Pricing Analysis
14.11.2. Market Share Analysis, 2021
14.11.2.1. By Grade
14.11.2.2. By End-Use
14.12. South Korea
14.12.1. Pricing Analysis
14.12.2. Market Share Analysis, 2021
14.12.2.1. By Grade
14.12.2.2. By End-Use
14.13. India
14.13.1. Pricing Analysis
14.13.2. Market Share Analysis, 2021
14.13.2.1. By Grade
14.13.2.2. By End-Use
14.14. Thailand
14.14.1. Pricing Analysis
14.14.2. Market Share Analysis, 2021
14.14.2.1. By Grade
14.14.2.2. By End-Use
14.15. Indonesia
14.15.1. Pricing Analysis
14.15.2. Market Share Analysis, 2021
14.15.2.1. By Grade
14.15.2.2. By End-Use
14.16. Malaysia
14.16.1. Pricing Analysis
14.16.2. Market Share Analysis, 2021
14.16.2.1. By Grade
14.16.2.2. By End-Use
14.17. Singapore
14.17.1. Pricing Analysis
14.17.2. Market Share Analysis, 2021
14.17.2.1. By Grade
14.17.2.2. By End-Use
14.18. Australia
14.18.1. Pricing Analysis
14.18.2. Market Share Analysis, 2021
14.18.2.1. By Grade
14.18.2.2. By End-Use
14.19. New Zealand
14.19.1. Pricing Analysis
14.19.2. Market Share Analysis, 2021
14.19.2.1. By Grade
14.19.2.2. By End-Use
14.20. GCC Countries
14.20.1. Pricing Analysis
14.20.2. Market Share Analysis, 2021
14.20.2.1. By Grade
14.20.2.2. By End-Use
14.21. South Africa
14.21.1. Pricing Analysis
14.21.2. Market Share Analysis, 2021
14.21.2.1. By Grade
14.21.2.2. By End-Use
14.22. Israel
14.22.1. Pricing Analysis
14.22.2. Market Share Analysis, 2021
14.22.2.1. By Grade
14.22.2.2. By End-Use
15. Market Structure Analysis
15.1. Competition Dashboard
15.2. Competition Benchmarking
15.3. Market Share Analysis of Top Players
15.3.1. By Regional
15.3.2. By Grade
15.3.3. By End-Use
16. Competition Analysis
16.1. Competition Deep Dive
16.1.1. Ajinomoto
16.1.1.1. Overview
16.1.1.2. Product Portfolio
16.1.1.3. Profitability by Market Segments
16.1.1.4. Sales Footprint
16.1.1.5. Strategy Overview
16.1.1.5.1. Marketing Strategy
16.1.1.5.2. Product Strategy
16.1.1.5.3. Channel Strategy
16.1.2. GEO Specialty Chemicals
16.1.2.1. Overview
16.1.2.2. Product Portfolio
16.1.2.3. Profitability by Market Segments
16.1.2.4. Sales Footprint
16.1.2.5. Strategy Overview
16.1.2.5.1. Marketing Strategy
16.1.2.5.2. Product Strategy
16.1.2.5.3. Channel Strategy
16.1.3. Yuki Gosei Kogyo
16.1.3.1. Overview
16.1.3.2. Product Portfolio
16.1.3.3. Profitability by Market Segments
16.1.3.4. Sales Footprint
16.1.3.5. Strategy Overview
16.1.3.5.1. Marketing Strategy
16.1.3.5.2. Product Strategy
16.1.3.5.3. Channel Strategy
16.1.4. Guangrong Chemical
16.1.4.1. Overview
16.1.4.2. Product Portfolio
16.1.4.3. Profitability by Market Segments
16.1.4.4. Sales Footprint
16.1.4.5. Strategy Overview
16.1.4.5.1. Marketing Strategy
16.1.4.5.2. Product Strategy
16.1.4.5.3. Channel Strategy
16.1.5. Showa Denko KK
16.1.5.1. Overview
16.1.5.2. Product Portfolio
16.1.5.3. Profitability by Market Segments
16.1.5.4. Sales Footprint
16.1.5.5. Strategy Overview
16.1.5.5.1. Marketing Strategy
16.1.5.5.2. Product Strategy
16.1.5.5.3. Channel Strategy
16.1.6. Chattem Chemicals
16.1.6.1. Overview
16.1.6.2. Product Portfolio
16.1.6.3. Profitability by Market Segments
16.1.6.4. Sales Footprint
16.1.6.5. Strategy Overview
16.1.6.5.1. Marketing Strategy
16.1.6.5.2. Product Strategy
16.1.6.5.3. Channel Strategy
16.1.7. Evonik
16.1.7.1. Overview
16.1.7.2. Product Portfolio
16.1.7.3. Profitability by Market Segments
16.1.7.4. Sales Footprint
16.1.7.5. Strategy Overview
16.1.7.5.1. Marketing Strategy
16.1.7.5.2. Product Strategy
16.1.7.5.3. Channel Strategy
16.1.8. Shijiazhuang Donghua Jinlong Chemical
16.1.8.1. Overview
16.1.8.2. Product Portfolio
16.1.8.3. Profitability by Market Segments
16.1.8.4. Sales Footprint
16.1.8.5. Strategy Overview
16.1.8.5.1. Marketing Strategy
16.1.8.5.2. Product Strategy
16.1.8.5.3. Channel Strategy
16.1.9. Zhenxing Chemical
16.1.9.1. Overview
16.1.9.2. Product Portfolio
16.1.9.3. Profitability by Market Segments
16.1.9.4. Sales Footprint
16.1.9.5. Strategy Overview
16.1.9.5.1. Marketing Strategy
16.1.9.5.2. Product Strategy
16.1.9.5.3. Channel Strategy
16.1.10. Hebei Donghua Jiheng Chemical
16.1.10.1. Overview
16.1.10.2. Product Portfolio
16.1.10.3. Profitability by Market Segments
16.1.10.4. Sales Footprint
16.1.10.5. Strategy Overview
16.1.10.5.1. Marketing Strategy
16.1.10.5.2. Product Strategy
16.1.10.5.3. Channel Strategy
16.1.11. Hubei Xingfa Chemicals Group
16.1.11.1. Overview
16.1.11.2. Product Portfolio
16.1.11.3. Profitability by Market Segments
16.1.11.4. Sales Footprint
16.1.11.5. Strategy Overview
16.1.11.5.1. Marketing Strategy
16.1.11.5.2. Product Strategy
16.1.11.5.3. Channel Strategy
16.1.12. Avid Organics
16.1.12.1. Overview
16.1.12.2. Product Portfolio
16.1.12.3. Profitability by Market Segments
16.1.12.4. Sales Footprint
16.1.12.5. Strategy Overview
16.1.12.5.1. Marketing Strategy
16.1.12.5.2. Product Strategy
16.1.12.5.3. Channel Strategy
16.1.13. Kumar Industries
16.1.13.1. Overview
16.1.13.2. Product Portfolio
16.1.13.3. Profitability by Market Segments
16.1.13.4. Sales Footprint
16.1.13.5. Strategy Overview
16.1.13.5.1. Marketing Strategy
16.1.13.5.2. Product Strategy
16.1.13.5.3. Channel Strategy
16.1.14. Zhenxing Chemical
16.1.14.1. Overview
16.1.14.2. Product Portfolio
16.1.14.3. Profitability by Market Segments
16.1.14.4. Sales Footprint
16.1.14.5. Strategy Overview
16.1.14.5.1. Marketing Strategy
16.1.14.5.2. Product Strategy
16.1.14.5.3. Channel Strategy
16.1.15. Henan HDF Chemica
16.1.15.1. Overview
16.1.15.2. Product Portfolio
16.1.15.3. Profitability by Market Segments
16.1.15.4. Sales Footprint
16.1.15.5. Strategy Overview
16.1.15.5.1. Marketing Strategy
16.1.15.5.2. Product Strategy
16.1.15.5.3. Channel Strategy
17. Assumptions & Acronyms Used
18. Research Methodology
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