Global Glycine Market Research Report 2020

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.
Glycine can be classified into three types: food grade glycine, tech grade glycine and pharmaceutical grade glycine. Food grade glycine is widely used in food and feed industry. Pharmaceutical grade glycine is used in pharmaceutical industry. Tech grade glycine is widely used in pesticide industry; it is a key raw material of glyphosate. Survey results showed that 68% of the glycine market is pesticide industry, 15% is food industry, only 2.7% is pharmaceutical industry, with the development of economy, these industries will need more glycine. So, glycine has a huge market potential in the future.

Market Analysis and Insights: Global Glycine Market
The global Glycine market is valued at 843.8 million US$ in 2020 is expected to reach 1091.3 million US$ by the end of 2026, growing at a CAGR of 3.7% during 2021-2026.
Global Glycine Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Market Segment Analysis
The research report includes specific segments by Type and by Application. Each type provides information about the production during the forecast period of 2015 to 2026. Application segment also provides consumption during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Glycine-Food Grade
Glycine-Tech Grade
Glycine-Pharma Grade

Segment by Application
Pesticide Industry
Feed Industry
Food Industry
Pharmaceuticals Industry
Other

Global Glycine Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Glycine market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Glycine Market:

Competitive Landscape

This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
The major players in the market include 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, etc.