Glycine market 2018 - Global Opportunity Analysis and Industry Forecast 2025
The global glycine market size that is presently
valued just over US$ xxx Mn, is anticipated to rise at a CAGR of xx%. Some of
the major factors predictable of driving the glycine market growth over the
forecast period (2018-2025) include growing demand for medicines in mental
disorders, strokes, benign prostatic hyperplasia as well as kidney treatment.
Moreover, glycine supports prevention of kidney from harmful effects of alcohol
and drugs. On the other hand, risks of deflating prices, imposition of additional
levies including antidumping duties and fluctuating in raw-material costs are
some factors restraining glycine market growth.
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The global glycine market has been segmented by
different grade, application and geography. Further grade segment of the market
is sub-divided to pharmaceutical grade, food grade and technical grade.
Likewise application segment of the global glycine market is sub-segmented to
cosmetics & personal care, food & beverages, chemical intermediate,
pharmaceuticals and others. Geographically, the market glycine is spanned
across several key regions, covering North America, Asia Pacific, Europe, Latin
America and Middle East & Africa.
In addition, Asia-Pacific is one of the fastest
growing glycine market because of the presence of dynamic as well as emerging
countries in the region like Japan, India, Singapore, China and South Korea.
Moreover, China and India are the lead with maximum glycine market share in the
region owing to increasing demand for the product in developing applications.
Moreover, North America is leading the market of glycine across the globe,
however since past few years regional market is witnessing sluggish development
because of the slow demand. Besides the regional market is led by the U.S owing
to the substantial demand for packaged food as well as meat products, with the
rising business of foods & beverages.
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Another significant market of in glycine is Europe,
however the region is expected to witness a restrained growth over the forecast
period because of slow growth of several end user industries as well as
economic slowdown. Further, Latin America is anticipated to record a
significant CAGR due to stimulating economy as well as high growth potential of
Brazil & Mexico. The Middle East & African region are also set to
develop at a significant CAGR on account of the enormous growth prospects from
key end-use industries for instance foods & beverages in the region.
The key players operating in the global glycine market
include Inc. (U.S.), Chattem Chemicals, GEO Specialty Chemicals Inc. (U.S.),
Triveni Chemicals (India), Evonik Industries AG (Germany), AMINO GmbH
(Germany), Advance Chemical Sales Corporation (India), Ajinomoto North America
Inc. (U.S.), among others.
Key segments of
global glycine market include:
·
Grade Segment
o Pharmaceutical grade
o Food grade
o Technical grade
·
Application Segment
o Cosmetics & personal care
o Food & beverages
o Chemical intermediate
o Pharmaceuticals
o Others.
·
Geographical Segment
o North America
o Asia Pacific
o Europe
o Latin America
o Middle East & Africa.
What to expect
from the upcoming report on ‘Global Glycine Market’:
- Analyzes about future prospects as well as global
glycine market trends market over the forecast period (2018-2025)
- Information regarding technological progressions as
well as innovations taking place in developing as well as developed economies
and also various macro & microeconomic factors that affect the growth of
the market.
- Supportive initiatives by government likely to
influence the market dynamics.
- Key drivers influencing market’s growth,
opportunities, restraints, sales channels and distributors.
- In-depth analysis of different market segmentations
including grade, application and geographical regions.
- Deep analysis about the competitive landscape of the
market and the initiatives by them to improve this market such as expansions,
growth strategies, agreements, new product launches and acquisitions in the
market
- Value Chain and Sales Channels Analysis
Who should buy
this report?
- Report is especially designed for Venture
capitalists, Investors, financial institutions, Analysts, Government
organizations, regulatory authorities, policymakers, researchers, strategy
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