The global Glycine market stood at approximately 70 thousand tonnes in 2023 and is anticipated to grow at a CAGR of 4.1% during the forecast period until 2034. Glycine, recognized as amino acetic acid, serves pivotal roles across various industries. There are mainly three grades of Glycine- Food Grade, Pharmaceutical Grade, and Feed Grade.
Its widespread application extends to pharmaceuticals, food additives, and spices. In pharmaceuticals, Glycine finds utility in amino acid preparations, acts as a chlortetracycline buffer, and serves as a raw material for synthesizing anti-Parkinson's drugs like L-dopa. It also plays a crucial role in biochemical processes, serving as an intermediate for ethyl imidazole production. The food industry utilizes Glycine for alcohol synthesis, brewing, meat processing, and soft drink formulation. As a food additive, it can function alone or in combination with other substances like sodium glutamate and citric acid. Beyond food, Glycine serves as a pH adjuster, plating solution component, and biochemical reagent across pharmaceutical, food, and feed additive sectors. Glycine finds application in the cosmetics industry, where it is prized by manufacturers for its ability to aid in the replenishment of creatine, thereby enhancing hair appearance. Within cosmetics and personal care formulations, amino acids primarily serve as hair conditioning agents and skin conditioning agents. Additionally, Glycine serves to mitigate static charge in hair, reinforcing it and imparting a smoother texture. Moreover, Glycine is utilized in the pharmaceutical and dietary supplement sectors for various purposes.
The Glycine market has been experiencing notable trends in recent years, driven by its diverse applications across industries. The Glycine market is experiencing notable trends driven by its diverse applications across various industries. One significant trend is the increasing demand for Glycine in the food and beverage sector, where it serves as a flavour enhancer, sweetener, and ingredient in various food products. Additionally, the pharmaceutical industry is utilizing Glycine in drug formulations due to its role as a stabilizer and excipient. Another emerging trend is the growing use of Glycine in the cosmetics and personal care industry, particularly in skincare products, thanks to its moisturizing and skin-conditioning properties. Moreover, Glycine is gaining traction in the animal feed industry, where it is used as a feed additive to improve animal health and performance. This trend is fuelled by the rising demand for high-quality animal protein and the need to optimize feed formulations for livestock. Furthermore, the Glycine market is witnessing increased research and development activities aimed at exploring new applications and potential health benefits of Glycine, such as its role in mental health and cognitive function. In summary, the Glycine market is expected to continue its upward trajectory, fuelled by its diverse applications and reach approximately 108 thousand tonnes in 2034.
Geographically, Asia Pacific is emerging as a key market for Glycine, driven by factors such as rapid industrialization, urbanization, and a growing population with changing dietary preferences. With increasing investments in food and beverage, pharmaceutical, and cosmetics industries, the Asia Pacific region is expected to significantly contribute to the growth of the Glycine market in the coming years. Overall, the Glycine market is projected to continue its upward trajectory, driven by its versatile applications and expanding end-user industries.
Based on the end-user industry, the global Glycine market is divided into Food & Beverage, Nutraceuticals, Pharmaceuticals, Cosmetics & Personal Care, Animal Feed, and Others. Among these, Food & Beverage is the dominating segment and held roughly 41% of the global Glycine market in 2023.
Major players in the Global Glycine market are Ajinomoto Inc., Zexing Group, Donghua Jinlong Chemical
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Objective of the Study:
• To assess the demand-supply scenario of Glycine which covers production, demand and supply of Glycine market in the globe.
• To analyse and forecast the market size of Glycine
• To classify and forecast Global Glycine market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Glycine market in the globe.
To extract data for Global Glycine market, primary research surveys were conducted with Glycine manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Global Glycine market over the coming years.
ChemAnalyst calculated Glycine demand across the globe by analyzing the volume of Glycine consumed by the end-user industries and the forecast is calculated based on the growth rate of end-use industries. ChemAnalyst sourced these values from industry experts and company representatives and externally validated them by analyzing the historical sales data of respective manufacturers to determine the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Glycine manufacturers and other stakeholders
• Organizations, forums and alliances related to Glycine distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Glycine manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Global Glycine market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2023
70 thousand tonnes
Market size Volume in 2034
108 thousand tonnes
Growth Rate
CAGR of 4.1% from 2024 to 2034
Base year
2023
Estimated year
2024
Historical Data
2015 – 2022
Forecast period
2025 – 2034
Quantitative units
Demand in thousand tonnes and CAGR from 2024 to 2034
Report coverage
Industry Market Size, Capacity by Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by Grade, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share, Manufacturing Process.
Segments covered
By End-Use: (Food & Beverage, Nutraceuticals, Pharmaceuticals, Cosmetics & Personal Care, Animal Feed, and Others)
By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope
North America, Europe, Asia Pacific, Middle East and Africa, and South America.
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Market Data & Insights
Table of Content
1. Industry Market Size
It is an essential metric for market analysis, as it provides insights into the overall size and growth potential of Glycine market in terms of value and volume.
2. Capacity By Company
On our online platform, you can stay up to date with essential manufacturers and their current and future operation capacity on a practically real-time basis for Glycine.
3. Capacity By Location
To better understand the regional supply of Glycine by analyzing its manufacturers' location-based capacity.
4. Plant Operating Efficiency
To determine what percentage manufacturers are operating their plants or how much capacity is being currently used.
5. Production By Company [Quarterly Update]
Study the historical annual production of Glycine by the leading players and forecast how it will grow in the coming years.
6. Demand by Grade
Learn about the various grades of Glycine- Food Grade,Pharmaceutical Grade, and Feed Grade, and their demands. It will allow you to choose which grade to concentrate on when designing your strategy.
7. Demand by End- Use [Quarterly Update]
Discover which end-user industry (Food & Beverage, Nutraceuticals, Pharmaceuticals, Cosmetics & Personal Care, Animal Feed, and Others) are creating a market and the forecast for the growth of the Glycine market.
8. Demand by Region
Analyzing the change in demand of Glycine in different regions, i.e., North America, Europe, Asia Pacific, Middle East and Africa, and South America, that can direct you in mapping the regional demand.
9. Demand by Sales Channel (Direct and Indirect)
Multiple channels are used to sell Glycine. Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.
10. Demand-Supply Gap
Determine the supply-demand gap to gain information about the trade surplus or deficiency of Glycine.
11. Company Share
Figure out what proportion of the market share of Glycine is currently held by leading players across the globe.
12. Manufacturing Process
Discover insights into the intricate manufacturing process of Glycine.
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of force majeure, affects the plant's operating rate for the given duration. Disruption tracker gives a clear insight
into the worldwide outages affecting the commodity of interest. With every shutdown, it also reflects the impact on
supply of the product in the market at a Global level.
What was the net market size of Glycine in terms of volume in 2023?
Ans:
The global market size of Glycine had reached approximately 70 thousand tonnes in 2023.
Q2.
Which industry is the leading end-user industry of Glycine?
Ans:
Nutraceuticals industry is the leading end-user industry of Glycine globally.
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Ans:
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