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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 was valued at US$ 910 in 2020 and will reach US$ 1131.7 million by the end of 2027, growing at a CAGR of 3.7% during 2022-2027.
Global Glycine Scope and Market Size
The global Glycine market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Glycine market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Glycine-Food Grade
Glycine-Tech Grade
Glycine-Pharma Grade
Segment by Application
Pesticide Industry
Feed Industry
Food Industry
Pharmaceuticals Industry
Other
The Glycine market is analysed and market size information is provided by regions (countries). Segment by Application, the Glycine market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
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
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 was valued at US$ 910 in 2020 and will reach US$ 1131.7 million by the end of 2027, growing at a CAGR of 3.7% during 2022-2027.
Global Glycine Scope and Market Size
The global Glycine market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Glycine market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Glycine-Food Grade
Glycine-Tech Grade
Glycine-Pharma Grade
Segment by Application
Pesticide Industry
Feed Industry
Food Industry
Pharmaceuticals Industry
Other
The Glycine market is analysed and market size information is provided by regions (countries). Segment by Application, the Glycine market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
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
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