Glycine Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

Flourishing Meat Exports to Bolster Glycine Consumption: A Boon for Animal Feed Industry

In the dynamic landscape of global agriculture, the demand for glycine, a crucial nutritional supplement in animal feed, is on the rise. With the surge in meat consumption worldwide, particularly in livestock such as swine, broiler, and cattle, the need for animal feed additives is escalating. Glycine, renowned for its role in regulating metabolic processes, emerges as a vital component in meeting this demand.

Expanding Horizons: Lucrative Opportunity in the Pet Food Industry

Beyond traditional livestock applications, the pet food industry emerges as a promising avenue for glycine consumption. With a growing trend of pet humanization and increasing ownership of companion animals, the demand for high-quality pet food is skyrocketing. The United States, witnessing a notable increase in pet care spending, showcases a fertile ground for glycine integration into pet food formulations.

Agricultural Revolution: Glycine's Role in Farming Profitability

The intersection of glycine and glyphosate unveils a symbiotic relationship crucial for modern agriculture. Glycine serves as a feedstock for glyphosate production, a synthetic amino acid widely used in herbicides. The growing adoption of herbicide-tolerant and genetically-modified crops fuels the demand for glyphosate, consequently propelling the glycine market forward. Moreover, the emphasis on sustainable farming practices and crop protection solutions further amplifies the need for glycine in agricultural settings.

Pharmaceutical Prowess: Glycine's Versatility in Healthcare

In the realm of pharmaceuticals, glycine emerges as a versatile ingredient with multifaceted applications. From serving as a component in amino acid mixtures for oral and parenteral use to its role in stabilizing pharmaceutical formulations, glycine plays a pivotal role in modern healthcare. With its antimicrobial properties and potential as a drug absorption enhancer, the demand for glycine in the pharmaceutical sector is poised for robust growth.

Market Dynamics: Navigating Fragmentation and Collaboration

The global glycine market presents a landscape marked by fragmentation, characterized by the presence of both small-scale and international manufacturers. Despite this diversity, leading market players are consolidating their positions through strategic collaborations and global expansion initiatives. Notable examples include Ajinomoto Health & Nutrition North America, Inc.'s acquisition of Cambrooke Therapeutics, Inc., showcasing the industry's trend towards consolidation.

Analyst's Projections: A Promising Trajectory

Looking ahead, analysts forecast a promising trajectory for the global glycine market, with an estimated value of US$ 1050 Million by 2031. This growth is anticipated to be underpinned by significant contributions from Asia Pacific and North America. Moreover, the dominance of the food- and feed-grade segment is expected to persist, reflecting the diverse applications and increasing demand for glycine across various industries.

Competitive Analysis

Evonik Industries AG
Yuki Gosei Kogyo Co., Ltd.
BASF SE
Sumitomo Chemical Co., Ltd.
Cargill Incorporated
Hubei Xingfa Chemicals Group Co. Ltd.
Showa Denko KK
Ajinomoto Health & Nutrition North America, Inc.
CPS Performance Materials
Shijiazhuang Donghua Jinlong Chemical Co., Ltd.
Chattem Chemicals, Inc.
AMINO GmbH

Key Segments of Glycine Market

Fairfield Market Research's study on the glycine market is divided into four significant segments- grade, application, and region. This report offers comprehensive data and information about important market dynamics and growth parameters related to these categories.

By Grade

Tech Grade
Food & Feed Grade
Pharma Grade

By Application

Chemical
Food & Feed
Pharmaceutical
Others

By Region

North America
Latin America
Europe
Asia Pacific
Middle East & Africa (MEA)

1. Executive Summary

1.1. Global Glycine Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2024
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Global Glycine Market Outlook, 2018 - 2031

3.1. Global Glycine Market Outlook, by Grade, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 3.1.1. Key Highlights
  - 3.1.1.1. Food Grade
  - 3.1.1.2. Pharma Grade
  - 3.1.1.3. Technical Grade
3.2. Global Glycine Market Outlook, by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 3.2.1. Key Highlights
  - 3.2.1.1. Powder
  - 3.2.1.2. Granules
  - 3.2.1.3. Liquid
3.3. Global Glycine Market Outlook, by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 3.3.1. Key Highlights
  - 3.3.1.1. Food and Beverages
  - 3.3.1.2. Pharmaceuticals
  - 3.3.1.3. Personal Care and Cosmetics
  - 3.3.1.4. Animal Feed
  - 3.3.1.5. Chemical Intermediates
3.4. Global Glycine Market Outlook, by Region, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 3.4.1. Key Highlights
  - 3.4.1.1. North America
  - 3.4.1.2. Europe
  - 3.4.1.3. Asia Pacific
  - 3.4.1.4. Latin America
  - 3.4.1.5. Middle East & Africa

4. North America Glycine Market Outlook, 2018 - 2031

4.1. North America Glycine Market Outlook, by Grade, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Food Grade
  - 4.1.1.2. Pharma Grade
  - 4.1.1.3. Technical Grade
4.2. North America Glycine Market Outlook, by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Powder
  - 4.2.1.2. Granules
  - 4.2.1.3. Liquid
4.3. North America Glycine Market Outlook, by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. Food and Beverages
  - 4.3.1.2. Pharmaceuticals
  - 4.3.1.3. Personal Care and Cosmetics
  - 4.3.1.4. Animal Feed
  - 4.3.1.5. Chemical Intermediates
- 4.3.2. BPS Analysis/Market Attractiveness Analysis
4.4. North America Glycine Market Outlook, by Country, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 4.4.1. Key Highlights
  - 4.4.1.1. U.S. Glycine Market by Grade, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 4.4.1.2. U.S. Glycine Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 4.4.1.3. U.S. Glycine Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 4.4.1.4. Canada Glycine Market by Grade, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 4.4.1.5. Canada Glycine Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 4.4.1.6. Canada Glycine Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 4.4.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Glycine Market Outlook, 2018 - 2031

5.1. Europe Glycine Market Outlook, by Grade, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Food Grade
  - 5.1.1.2. Pharma Grade
  - 5.1.1.3. Technical Grade
5.2. Europe Glycine Market Outlook, by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Powder
  - 5.2.1.2. Granules
  - 5.2.1.3. Liquid
5.3. Europe Glycine Market Outlook, by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Food and Beverages
  - 5.3.1.2. Pharmaceuticals
  - 5.3.1.3. Personal Care and Cosmetics
  - 5.3.1.4. Animal Feed
  - 5.3.1.5. Chemical Intermediates
- 5.3.2. BPS Analysis/Market Attractiveness Analysis
5.4. Europe Glycine Market Outlook, by Country, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 5.4.1. Key Highlights
  - 5.4.1.1. Germany Glycine Market by Grade, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.2. Germany Glycine Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.3. Germany Glycine Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.4. U.K. Glycine Market by Grade, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.5. U.K. Glycine Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.6. U.K. Glycine Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.7. France Glycine Market by Grade, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.8. France Glycine Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.9. France Glycine Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.10. Italy Glycine Market by Grade, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.11. Italy Glycine Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.12. Italy Glycine Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.13. Turkey Glycine Market by Grade, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.14. Turkey Glycine Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.15. Turkey Glycine Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.16. Russia Glycine Market by Grade, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.17. Russia Glycine Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.18. Russia Glycine Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.19. Rest of Europe Glycine Market by Grade, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.20. Rest of Europe Glycine Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.21. Rest of Europe Glycine Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 5.4.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Glycine Market Outlook, 2018 - 2031

6.1. Asia Pacific Glycine Market Outlook, by Grade, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Food Grade
  - 6.1.1.2. Pharma Grade
  - 6.1.1.3. Technical Grade
6.2. Asia Pacific Glycine Market Outlook, by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Powder
  - 6.2.1.2. Granules
  - 6.2.1.3. Liquid
6.3. Asia Pacific Glycine Market Outlook, by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. Food and Beverages
  - 6.3.1.2. Pharmaceuticals
  - 6.3.1.3. Personal Care and Cosmetics
  - 6.3.1.4. Animal Feed
  - 6.3.1.5. Chemical Intermediates
- 6.3.2. BPS Analysis/Market Attractiveness Analysis
6.4. Asia Pacific Glycine Market Outlook, by Country, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 6.4.1. Key Highlights
  - 6.4.1.1. China Glycine Market by Grade, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.4.1.2. China Glycine Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.4.1.3. China Glycine Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.4.1.4. Japan Glycine Market by Grade, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.4.1.5. Japan Glycine Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.4.1.6. Japan Glycine Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.4.1.7. South Korea Glycine Market by Grade, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.4.1.8. South Korea Glycine Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.4.1.9. South Korea Glycine Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.4.1.10. India Glycine Market by Grade, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.4.1.11. India Glycine Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.4.1.12. India Glycine Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.4.1.13. Southeast Asia Glycine Market by Grade, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.4.1.14. Southeast Asia Glycine Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.4.1.15. Southeast Asia Glycine Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.4.1.16. Rest of Asia Pacific Glycine Market by Grade, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.4.1.17. Rest of Asia Pacific Glycine Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.4.1.18. Rest of Asia Pacific Glycine Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 6.4.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Glycine Market Outlook, 2018 - 2031

7.1. Latin America Glycine Market Outlook, by Grade, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Food Grade
  - 7.1.1.2. Pharma Grade
  - 7.1.1.3. Technical Grade
7.2. Latin America Glycine Market Outlook, by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
7.3. Latin America Glycine Market Outlook, by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Food and Beverages
  - 7.3.1.2. Pharmaceuticals
  - 7.3.1.3. Personal Care and Cosmetics
  - 7.3.1.4. Animal Feed
  - 7.3.1.5. Chemical Intermediates
- 7.3.2. BPS Analysis/Market Attractiveness Analysis
7.4. Latin America Glycine Market Outlook, by Country, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 7.4.1. Key Highlights
  - 7.4.1.1. Brazil Glycine Market by Grade, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 7.4.1.2. Brazil Glycine Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 7.4.1.3. Brazil Glycine Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 7.4.1.4. Mexico Glycine Market by Grade, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 7.4.1.5. Mexico Glycine Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 7.4.1.6. Mexico Glycine Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 7.4.1.7. Argentina Glycine Market by Grade, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 7.4.1.8. Argentina Glycine Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 7.4.1.9. Argentina Glycine Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 7.4.1.10. Rest of Latin America Glycine Market by Grade, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 7.4.1.11. Rest of Latin America Glycine Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 7.4.1.12. Rest of Latin America Glycine Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 7.4.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Glycine Market Outlook, 2018 - 2031

8.1. Middle East & Africa Glycine Market Outlook, by Grade, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Food Grade
  - 8.1.1.2. Pharma Grade
  - 8.1.1.3. Technical Grade
8.2. Middle East & Africa Glycine Market Outlook, by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Powder
  - 8.2.1.2. Granules
  - 8.2.1.3. Liquid
8.3. Middle East & Africa Glycine Market Outlook, by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. Food and Beverages
  - 8.3.1.2. Pharmaceuticals
  - 8.3.1.3. Personal Care and Cosmetics
  - 8.3.1.4. Animal Feed
  - 8.3.1.5. Chemical Intermediates
- 8.3.2. BPS Analysis/Market Attractiveness Analysis
8.4. Middle East & Africa Glycine Market Outlook, by Country, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 8.4.1. Key Highlights
  - 8.4.1.1. GCC Glycine Market by Grade, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 8.4.1.2. GCC Glycine Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 8.4.1.3. GCC Glycine Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 8.4.1.4. South Africa Glycine Market by Grade, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 8.4.1.5. South Africa Glycine Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 8.4.1.6. South Africa Glycine Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 8.4.1.7. Egypt Glycine Market by Grade, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 8.4.1.8. Egypt Glycine Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 8.4.1.9. Egypt Glycine Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 8.4.1.10. Rest of Middle East & Africa Glycine Market by Grade, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 8.4.1.11. Rest of Middle East & Africa Glycine Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 8.4.1.12. Rest of Middle East & Africa Glycine Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 8.4.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. By End Use vs by Form Heat map
9.2. Manufacturer vs by Form Heatmap
9.3. Company Market Share Analysis, 2023
9.4. Competitive Dashboard
9.5. Company Profiles
- 9.5.1. Evonik Industries AG
  - 9.5.1.1. Company Overview
  - 9.5.1.2. Product Portfolio
  - 9.5.1.3. Financial Overview
  - 9.5.1.4. Business Strategies and Development
- 9.5.2. Yuki Gosei Kogyo Co., Ltd.
  - 9.5.2.1. Company Overview
  - 9.5.2.2. Product Portfolio
  - 9.5.2.3. Financial Overview
  - 9.5.2.4. Business Strategies and Development
- 9.5.3. BASF SE
  - 9.5.3.1. Company Overview
  - 9.5.3.2. Product Portfolio
  - 9.5.3.3. Financial Overview
  - 9.5.3.4. Business Strategies and Development
- 9.5.4. Zibo Wangfei Seaweed Tech. Co., Ltd.
  - 9.5.4.1. Company Overview
  - 9.5.4.2. Product Portfolio
  - 9.5.4.3. Financial Overview
  - 9.5.4.4. Business Strategies and Development
- 9.5.5. Sumitomo Chemical Co., Ltd.
  - 9.5.5.1. Company Overview
  - 9.5.5.2. Product Portfolio
  - 9.5.5.3. Financial Overview
  - 9.5.5.4. Business Strategies and Development
- 9.5.6. Hubei Xingfa Chemicals Group Co. Ltd.
  - 9.5.6.1. Company Overview
  - 9.5.6.2. Product Portfolio
  - 9.5.6.3. Financial Overview
  - 9.5.6.4. Business Strategies and Development
- 9.5.7. Cargill Incorporated
  - 9.5.7.1. Company Overview
  - 9.5.7.2. Product Portfolio
  - 9.5.7.3. Financial Overview
  - 9.5.7.4. Business Strategies and Development
- 9.5.8. Showa Denko KK
  - 9.5.8.1. Company Overview
  - 9.5.8.2. Product Portfolio
  - 9.5.8.3. Financial Overview
  - 9.5.8.4. Business Strategies and Development
- 9.5.9. SNP Inc.
  - 9.5.9.1. Company Overview
  - 9.5.9.2. Product Portfolio
  - 9.5.9.3. Financial Overview
  - 9.5.9.4. Business Strategies and Development
- 9.5.10. Ajinomoto Health & Nutrition North America, Inc.
  - 9.5.10.1. Company Overview
  - 9.5.10.2. Product Portfolio
  - 9.5.10.3. Financial Overview
  - 9.5.10.4. Business Strategies and Development
- 9.5.11. CPS Performance Materials
  - 9.5.11.1. Company Overview
  - 9.5.11.2. Product Portfolio
  - 9.5.11.3. Financial Overview
  - 9.5.11.4. Business Strategies and Development

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations