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Asia Pacific Food Grade Glycine  Market Research Report 2024-2030

Asia Pacific Food Grade Glycine Market Research Report 2024-2030

  • Published on : 24 October 2024
  • Pages :205
  • Report Code:SMR-8015626

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Report overview

The Asia Pacific Food Grade Glycine market size was valued at US$ 142.7 million in 2024 and is projected to reach US$ 189.6 million by 2030, at a CAGR of 4.9% during the forecast period 2024-2030.
Food grade glycine is an amino acid used as a flavor enhancer, preservative, and nutritional supplement in various food and beverage applications, meeting strict purity standards for human consumption.
The Asia Pacific food grade glycine market is experiencing moderate growth, driven by increasing demand for processed foods and dietary supplements. China leads with a 50% market share, followed by Japan at 20% and South Korea at 15%. In 2023, the food and beverage industry consumed 65% of total production, with nutritional supplements at 25% and pharmaceuticals at 10%. The market saw a 10% increase in demand for glycine as a natural sweetener in low-calorie products. Key players include Ajinomoto Co., Inc. (Japan) and Yuki Gosei Kogyo Co., Ltd. (Japan), holding a combined 55% market share in the region. The industry is investing in sustainable production methods, with a 12% increase in bio-based glycine research in 2023. Challenges include fluctuating raw material prices, leading to a 6% volatility in production costs. The trend towards clean label products has driven an 8% growth in glycine use as a natural preservative. The market is benefiting from the expanding sports nutrition sector, with a 15% rise in glycine demand for muscle recovery supplements.

Report Includes

This report is an essential reference for who looks for detailed information on Asia Pacific Food Grade Glycine . The report covers data on Asia Pacific markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Asia Pacific major vendors¡¯ information. In addition to the data part, the report also provides overview of Food Grade Glycine , including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.

This report aims to provide a comprehensive presentation of the Asia Pacific Food Grade Glycine , with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Food Grade Glycine . This report contains market size and forecasts of Food Grade Glycine in Asia Pacific, including the following market information:
We surveyed the Food Grade Glycine manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

by Country

•    China
•    India
•    Japan
•    South Korea
•    Australia
•    Thailand
•    Indonesia

by Products type:

•    Strecker
•    Hydantion
•    Biosynthesis

by Application:

•    Food Additives
•    Sweetener

key players include: (At least 8-10 companies included)

•    Ajinomoto Co., Inc.
•    Yuki Gosei Kogyo Co., Ltd.
•    Showa Denko K.K.
•    Kraiburg TPE
•    Nippon Shokubai Co., Ltd.
•    Sumitomo Chemical Co., Ltd.
•    Mitsubishi Chemical Corporation
•    Zhejiang Wolong Biochemical Co., Ltd.
•    Hebei Donghua Jiheng Chemical Co., Ltd.
•    Shijiazhuang Donghua Jinlong Chemical Co., Ltd.

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:
•    Key companies Food Grade Glycine revenues in Asia Pacific market, 2019-2024 (Estimated), ($ millions)
•    Key companies Food Grade Glycine revenues share in Asia Pacific market, 2023 (%)
•    Key companies Food Grade Glycine sales in Asia Pacific market, 2019-2024 (Estimated),
•    Key companies Food Grade Glycine sales share in Asia Pacific market, 2023 (%)

Key Points of this Report:
•    The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis
•    The report covers Asia Pacific and country-wise market of Food Grade Glycine
•    It describes present situation, historical background and future forecast
•    Comprehensive data showing Food Grade Glycine capacities, production, consumption, trade statistics, and prices in the recent years are provided
•    The report indicates a wealth of information on Food Grade Glycine manufacturers
•    Food Grade Glycine forecast for next five years, including market volumes and prices is also provided
•    Raw Material Supply and Downstream Consumer Information is also included
•    Any other user's requirements which is feasible for us

Reasons to Purchase this Report:
•    Analyzing the outlook of the market with the recent trends and SWOT analysis
•    Market dynamics scenario, along with growth opportunities of the market in the years to come
•    Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
•    Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
•    Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
•    Distribution Channel sales Analysis by Value
•    Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
•    Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
•    1-year analyst support, along with the data support in excel format.