Glycine Market Booming Trends, Share, Growth & ForecastPosted by Priya on June 7th, 2018 Glycine also called Gly, is one of the simplest proteinogenic amino acids having a single hydrogen atom as a side chain. It is a colorless, sweet crystalline solid. This type of achiral amino acid can fit into both hydrophilic and hydrophobic environments due to its shorter side with only one hydrogen atom attached to it. Glycine is naturally available in abundance, which has been found to support healthy functioning of kidney and liver. Apart from that glycine serves a wide range of application such as an additive in animal feed and pet food as a sweetener/taste enhancer, or as a component of food supplements and also in protein drinks. Additionally, the product has successful penetration in the cosmetics and pharmaceuticals. Get Sample copy @ https://www.marketresearchfuture.com/sample_request/5207 Global top 10 Key Players The prominent players operating in the global glycine market are Chattem Chemicals, Inc. (U.S.), GEO Specialty Chemicals, Inc. (U.S.), Evonik Industries AG (Germany), Triveni Chemicals (India), Ajinomoto North America, Inc. (U.S.), AMINO GmbH (Germany), Advance Chemical Sales Corporation (India), among others. Intended Audience
Regional Analysis: The global glycine market is spanned across the five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. The Asia Pacific is the fastest growing market owing to the presence of dynamic and emerging economies in the region such as India, Japan, China, Singapore and South Korea. India and China are the major shareholders in this region on accounts of growing demand for glycine in emerging applications. North America is the largest market in the global glycine market, yet the growth of this regional market is witnessing stagnation since past few months due to the sluggish demand. The U.S is leading the market in this region, which is attributed to a huge demand for packaged food and meat products, along with the growing foods & beverages industry. Access completer Report @ https://www.marketresearchfuture.com/reports/glycine-market-5207 Europe is another significant region in the global glycine market. Major contributors to the regional market are U.K, France, Germany, and Switzerland. Yet, the region is anticipated to witness a moderate growth during the forecast period due to a sluggish growth of the end users and economic slowdown. Latin America is estimated to register a significant CAGR owing to reviving the economy and high growth potential of Brazil and Mexico. In the coming years, the Middle East & African region is set to grow at a considerable CAGR on account of the huge growth opportunities from the major end-use industries such as foods & beverages. Segmentation: The global glycine market is segmented into grade, application, and region.On the basis of the grade, the market is divided into food grade, pharmaceutical grade, and technical grade.Based on the application, the global glycine market is categorized into food & beverages, cosmetics & personal care, pharmaceuticals, chemical intermediate, and others.Regionally, the market is spanned across five key regions, including Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Like it? Share it! More by this author |