Press release
Glycine Market Analysis , Industry Analysis Report, Regional Outlook, Market Share & Forecast, 2017 – 2024
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.
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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.
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.
The Glycine Market Report Consists of,
1. Methodology and Scope
2. Executive Summary
3. Glycine Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2012 - 2023
3.3. Industry ecosystem analysis 3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter's analysis
3.10. Company market share, 2015
3.11. PESTEL analysis
3.14. Regional price trends
4. Glycine Product Insights
5. Glycine Application Insights
6. Glycine Regional Insights
7. Competitor Profiles
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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.
Volatility in raw material supply coupled with hostile weather conditions will influence the raw material price trends. Stringent environmental regulations pertaining to glycine consumption coupled with shifting manufacturer preference for economical raw materials may restrain the overall revenue growth.
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.
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Corporate Sales, USA
Global Market Insights, Inc.
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About Global Market Insights, Inc.
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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