Glycine Market by Top Key Industry Players: Evonik Industries, Royal DSM, Cargill, ADM, Showa Denko KK, Ajinomoto Inc and Prinova U.S. LLC. Other prominent players include Yuki Gosei Kogyo Co., Ltd., Zexing Group, Guangrong Chemical and Donghua Jinlong C
Glycine Market size has its strong application outlook in pharmaceuticals, animal and human food along with personal care industry which will drive industry growth.
(EMAILWIRE.COM, August 07, 2018 ) North America glycine market is estimated to observe high growth in the forecast period. High livestock production accompanied by surging food demand will propel the U.S. glycine market size. Growing glyphosate industry driven by increasing adoption of genetically modified and herbicides tolerant crop are the major driving factors of the industry demand.
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Glycine Market size has its strong application outlook in pharmaceuticals, animal and human food along with personal care industry which will drive industry growth. Rising food demand coupled with growing population are the factors enhancing industry growth. Global meat consumption was 835.50 million tons in 2015 with a growth of over 2% from 2014. This growth is attributed to the changing food habits, standard of living and shifting consumer preference towards ready to eat food. Increasing consumption of food supplements and protein drinks has led to upsurge in global glycine market.
Rising agriculture sector growth will have a positive impact on industry in the forecast period. High product usage as a chemical feedstock in producing herbicides and crop disinfectants to kill weeds will fuel the product demand. Glycine is used as a defensive agent for maintaining pH value and in preventing damage to the samples.
Global pharmaceutical market is valued over USD 1,000 billion in 2015. Rising demand for medicines in strokes, mental disorders, benign prostatic hyperplasia and kidney treatment will drive the product development. It also supports prevention of kidney from ill effects of drugs and alcohol.
In grade segment, food grade segment will witness significant gains in the forecast period. Rapidly increasing population, growing food industry and rising agriculture sector will propel the industry growth. Tech food grade product improves the usefulness and delivery of nutrients. High application scope in metal plating, chemical synthesis, rubber foam sponge along with mineral complexing for optimal absorption in human or animal will support the business growth.
Pharma grade segment will observe notable gains in the forecasted timeframe. Increasing demand from pharmaceutical sector will supplement the product demand. Growing concerns pertaining to human diseases along with increasing population particularly in Asia Pacific will drive the demand in this segment.
Asia Pacific glycine market will witness significant growth. China glycine market has witnessed a healthy growth since 2007, owing to expanding glyphosate industry. Additionally, China’s meat consumption was over USD 250 billion in 2015 and it is anticipated to grow by 3% annually fueling the product demand.
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Emphasis on R&D initiatives to enhance product innovation and development along with expanding glycine market particularly in Latin America and Asia Pacific is estimated to drive the industry demand.
Global glycine market share is competitive with frequent mergers, acquisitions and alliances. The key industry players include Geo Specialty Chemicals, Dow Chemical, Evonik Industries, Royal DSM, Cargill, ADM, Showa Denko KK, Ajinomoto Inc and Prinova U.S. LLC. Other prominent players include Yuki Gosei Kogyo Co., Ltd., Zexing Group, Guangrong Chemical and Donghua Jinlong Chemical.
Market share calculation in this report is not done based on companies covered in it. The calculation of glycine market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Request for an in-depth table of contents for this report @ <||>rnhttps://www.gminsights.com/request-toc/upcoming/1300
Glycine Market size has its strong application outlook in pharmaceuticals, animal and human food along with personal care industry which will drive industry growth. Rising food demand coupled with growing population are the factors enhancing industry growth. Global meat consumption was 835.50 million tons in 2015 with a growth of over 2% from 2014. This growth is attributed to the changing food habits, standard of living and shifting consumer preference towards ready to eat food. Increasing consumption of food supplements and protein drinks has led to upsurge in global glycine market.
Rising agriculture sector growth will have a positive impact on industry in the forecast period. High product usage as a chemical feedstock in producing herbicides and crop disinfectants to kill weeds will fuel the product demand. Glycine is used as a defensive agent for maintaining pH value and in preventing damage to the samples.
Global pharmaceutical market is valued over USD 1,000 billion in 2015. Rising demand for medicines in strokes, mental disorders, benign prostatic hyperplasia and kidney treatment will drive the product development. It also supports prevention of kidney from ill effects of drugs and alcohol.
In grade segment, food grade segment will witness significant gains in the forecast period. Rapidly increasing population, growing food industry and rising agriculture sector will propel the industry growth. Tech food grade product improves the usefulness and delivery of nutrients. High application scope in metal plating, chemical synthesis, rubber foam sponge along with mineral complexing for optimal absorption in human or animal will support the business growth.
Pharma grade segment will observe notable gains in the forecasted timeframe. Increasing demand from pharmaceutical sector will supplement the product demand. Growing concerns pertaining to human diseases along with increasing population particularly in Asia Pacific will drive the demand in this segment.
Asia Pacific glycine market will witness significant growth. China glycine market has witnessed a healthy growth since 2007, owing to expanding glyphosate industry. Additionally, China’s meat consumption was over USD 250 billion in 2015 and it is anticipated to grow by 3% annually fueling the product demand.
Request for customization of this report @ <||>rnhttps://www.gminsights.com/roc/1300
Emphasis on R&D initiatives to enhance product innovation and development along with expanding glycine market particularly in Latin America and Asia Pacific is estimated to drive the industry demand.
Global glycine market share is competitive with frequent mergers, acquisitions and alliances. The key industry players include Geo Specialty Chemicals, Dow Chemical, Evonik Industries, Royal DSM, Cargill, ADM, Showa Denko KK, Ajinomoto Inc and Prinova U.S. LLC. Other prominent players include Yuki Gosei Kogyo Co., Ltd., Zexing Group, Guangrong Chemical and Donghua Jinlong Chemical.
Market share calculation in this report is not done based on companies covered in it. The calculation of glycine market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
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Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results