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Glycine Market

Global Glycine Market Size, Share, Industry, Growth: By Grade: Food Grade, Pharmaceutical Grade, Technical Grade; By Application: Cosmetic and Personal Care, Pharmaceutical, Agrochemical, Food and Beverage, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032

Global Glycine Market Outlook

The global glycine market is projected to grow at a CAGR of 5.0% between 2024 and 2032, reaching a value of around USD 1135.89 million by 2032. The market growth can be attributed to the increasing demand for glycine in animal feeds.

 

Key Takeaways

  • The Asia Pacific region is expected to dominate the market over the forecast period.
  • The increasing use of copper glycinate in animal feed is one of the key market trends.
  • The pharmaceutical sector is expected to constitute a major portion of the global glycine market size.

 

Glycine is a proteinogenic amino acid with a hydrogen atom as its side chain. It appears as white crystals and acts as a nutraceutical, a micronutrient, a fundamental metabolite, and a neurotransmitter. It is also the most important and non-essential amino acid in humans, animals, and many mammals.

 

The strong foothold of market players offering glycine and the expansion of glycine production capacity to meet the demand from end-users are likely to augment the glycine industry over the forecast period. Increasing research activities conducted to use glycine as a supplement in patients with severe COVID-19 and high levels of proinflammatory cytokines owing to its cytoprotective effect are also supporting the development of the market.

 

glycine market

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Key Trends and Developments

The increasing demand for glycine in animal feed and as a flavour masking agent; its increasing use in the cosmetics industry; and the increasing demand for pharmaceutical-grade glycine are the major trends impacting the market growth.

 

Date Company Details
Mar. 4th 2024 Barrick Gold and Draslovka revolutionised the mining industry by introducing GlyCat technology for recovering gold, cobalt, copper, and other minerals from earth
Feb. 29th 2024 Draslovka a.s and Barrick Gold commenced the commercial use of its revolutionary GlyCat™ technology in Tanzania to reduce cyanide consumption by 80%
Oct. 31st 2023 Solgar introduced a new line of dietary supplements containing Urolithin A (UA), Glycine, and other nutrients. Solgar Cellular Nutrition, the new product line, has the potential to prevent cellular decline among ageing people
Jun. 2nd 2021 Intermag launched AMINO ULTRA®, a new range of glycine-based foliar fertilisers that replace chemical fertilisers in crop fields and help boost crop productivity

 

 

Trends Impact
Increasing demand for glycine as animal feed Glycine is added to animal fodder in the form of copper glycinate, which stimulates egg production and maintains skin health.
Increasing demand for flavour masking/enhancement Glycine is also used by manufacturers to reduce the bitter taste of active ingredients in products like mouthwash or toothpaste.
Increasing use in the cosmetics industry The rising utilisation of glycine in cosmetic products as hair conditioning and skin conditioning agents is also contributing to the global glycine market expansion.
Increasing demand for pharmaceutical grade glycine Glycine is increasingly used in medical formulations, dietary supplements, and drug manufacturing.

 

Global Glycine Market Trends

Barrick Gold, in collaboration with Draslovka, is pioneering the GlyCat process, a groundbreaking advancement in the mining industry aimed at enhancing the extraction of gold, cobalt, copper, and other valuable minerals. This innovative technology utilises glycine, a non-toxic, environmentally friendly reagent, as a catalyst in the leaching process. GlyCat technology not only promises to improve the efficiency and yield of mineral recovery but also significantly reduces the environmental impact associated with traditional extraction methods, marking a substantial step forward in sustainable mining practices.

 

The use of glycine in animal feed is significantly contributing to the growth of the global glycine market. Glycine plays a crucial role in enhancing the nutritional value of animal feed while promoting optimal growth and health in livestock and poultry. It aids in the synthesis of proteins, supports the immune system, and improves feed efficiency. As the demand for high-quality animal protein increases globally, the incorporation of glycine in feed formulations is driving the global glycine market growth.

 

glycine market by segments

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Global Glycine Market Segmentation

“Global Glycine Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

 

Market Breakup Categories
Grade Food Grade, Pharmaceutical Grade, Technical Grade
Application Cosmetic and Personal Care, Pharmaceutical, Agrochemical, Food and Beverage, Others
Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa

 

The pharmaceutical sector is expected to constitute a major portion of the global glycine market share.

The use of USP-grade glycine by pharmaceutical manufacturers for the gastric absorption of drugs like aspirin and to treat diarrhoea in humans and animals is expected to increase substantially over the forecast period. Glycine is also effective in treating metabolic disorders in patients with cardiovascular diseases, several inflammatory diseases, obesity, cancers, and diabetes, thereby propelling the global glycine market development.

 

In addition, glycine possesses the property to enhance the quality of sleep and neurological functions. The increasing incidences of organ transplantation have led to an increase in the number of patients seeking glycine therapy to prevent organ transplantation failure and improve graft function and health, propelling the market expansion.

 

glycine market by region

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Competitive Landscape

Major glycine market players are investing in the research to develop innovative technologies for manufacturing products from glycine.

 

Company Name Year Founded Headquarters Description
Evonik Industries AG 2007 Germany One of the world’s topmost companies engaged in manufacturing speciality chemicals.
Yuki Gosei Kogyo Co., Ltd. 1947 Japan It is involved in the production of food additives, pharmaceuticals, and industrial chemicals
GEO Specialty Chemicals 1993 United States Specialises in manufacturing and supplying high-quality and affordable speciality chemicals
Showa Denko kk 1939 Japan A leading chemical manufacturing company that also operates in other business segments, including petrochemicals and consumer electronics.

 

Global Glycine Market Regional Analysis

The global glycine market exhibits substantial regional diversity, with the Asia Pacific leading in terms of consumption and production. The region's dominance is attributed to its robust agricultural sector, extensive livestock farming, and rapidly growing pharmaceutical industry, particularly in countries like China and India. These nations have become major hubs for glycine manufacturing due to their lower production costs and increasing demand from various end-use industries, including food, pharmaceuticals, and cosmetics.

 

In North America and Europe, the glycine market growth is being driven by advanced pharmaceutical and biotechnological research and development, alongside stringent environmental regulations promoting the use of environmentally friendly and sustainable chemicals. The United States and European countries are focusing on high-purity glycine for pharmaceutical applications and innovative glycine-based products for industrial uses, reflecting their commitment to health, safety, and environmental sustainability. This focus on high-quality and specialised applications propels the demand for glycine in these regions, underlining the global market's regional nuances and growth dynamics.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Grade
  • Application
  • Region
Breakup by Grade
  • Food Grade
  • Pharmaceutical Grade
  • Technical Grade
Breakup by Application
  • Cosmetic and Personal Care
  • Pharmaceutical
  • Agrochemical
  • Food and Beverage
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Evonik Industries AG
  • Yuki Gosei Kogyo Co., Ltd.
  • GEO Specialty Chemicals (CPS Performance Materials)
  • Showa Denko KK
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface    
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Glycine Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Glycine Historical Market (2018-2023) 
    8.3    Global Glycine Market Forecast (2024-2032)
    8.4    Global Glycine Market by Grade
        8.4.1    Food Grade
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Pharmaceutical Grade
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Technical Grade
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
    8.5    Global Glycine Market by Application
        8.5.1    Cosmetic and Personal Care
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Pharmaceutical
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Agrochemical
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Food and Beverage
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Others    
    8.6    Global Glycine Market by Region
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032)
9    North America Glycine Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Glycine Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Glycine Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Glycine Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Glycine Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value  Chain Analysis
16    Price Analysis
17    Competitive Landscape

    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    Evonik Industries AG
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    Yuki Gosei Kogyo Co., Ltd.
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    GEO Specialty Chemicals (CPS Performance Materials)
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    Showa Denko KK
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    Others
18    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Glycine Market: Key Industry Highlights, 2018 and 2032
2.    Global Glycine Historical Market: Breakup by Grade (USD Million), 2018-2023
3.    Global Glycine Market Forecast: Breakup by Grade (USD Million), 2024-2032
4.    Global Glycine Historical Market: Breakup by Application (USD Million), 2018-2023
5.    Global Glycine Market Forecast: Breakup by Application (USD Million), 2024-2032
6.    Global Glycine Historical Market: Breakup by Region (USD Million), 2018-2023
7.    Global Glycine Market Forecast: Breakup by Region (USD Million), 2024-2032
8.    North America Glycine Historical Market: Breakup by Country (USD Million), 2018-2023
9.    North America Glycine Market Forecast: Breakup by Country (USD Million), 2024-2032
10.    Europe Glycine Historical Market: Breakup by Country (USD Million), 2018-2023
11.    Europe Glycine Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Asia Pacific Glycine Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Asia Pacific Glycine Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Latin America Glycine Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Latin America Glycine Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Middle East and Africa Glycine Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Middle East and Africa Glycine Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Global Glycine Market Structure

Key Questions Answered in the Report

The market is estimated to grow at a CAGR of 5.0% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of around USD 1135.89 million by 2032.

The market is being driven by increasing research and development in glycine products, increasing use in food and beverage sector, and increasing use in biotechnological solutions.

The key trends aiding the market expansion include the increasing demand for glycine in animal feed and as a flavour masking agent, its increasing use in the cosmetics industry, and the increasing demand for pharmaceutical grade glycine.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major grades of glycerine include food grade, pharmaceutical grade, and technical grade.

The major applications of glycerine include cosmetics and personal care, pharmaceutical, agrochemical, and food and beverage, among others.

The major players in the market are Evonik Industries AG, Yuki Gosei Kogyo Co., Ltd., GEO Specialty Chemicals (CPS Performance Materials), and Showa Denko KK, among others.

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