The surge in demand for functional food, beverage, and animal feed products along with the development of the foods & feed industry in India and China has elevated the glycinates market in this region. Moreover, feed industry has a high demand for glycinates as they enhance the nutritional value of the feed, which in turn enhances the feed performance. Moreover, new entrants in this market are investing more in products research and development to come up with new and enhanced products as per the consumer’s demand. However, high processing cost and fluctuating prices of raw material are likely to hamper the market growth over the review period.
The Asia Pacific region is leading the glycinates market and is expected to have substantial growth over the forecast period, 2017-2023. High demand for glycinates in India, China, and Japan as an additive in the food & feed supplements in the Asia Pacific region has uplifted the glycinates market in this region. Moreover, increased demand for meat and meat products has increased the consumption of feed, which in turn has uplifted the demand for glycinates in feed products for high performance, creating opportunity for new entrants to introduce new products in this region.
However, high production cost and fluctuating prices of raw material are likely to hamper the market growth during the forecast period. Asia Pacific glycinates market is estimated to grow at a CAGR of 5.9% during the forecast period 2017-2023.
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This report includes a study of strategies such as mergers, acquisitions, and product launches by the major glycinates players. It further includes product portfolios and developments of leading players, which includes
- Ajinomoto Co., Inc. (Japan)
- Clariant AG (Switzerland)
- Solvay SA (Belgium)
- BASF SE (Germany)
- NovoTech Nutraceuticals Inc. (U.S.)
- Dunstan Nutrition Ltd. (New Zealand)
- Shijiazhuang Donghua Jinlong Chemical Co Ltd. (China)
- Schaumann GmbH & Co. KG. (Germany)
- Aliphos Belgium SA/NV (Belgium)
- Albion Laboratories, Inc. (U.S.)
The glycinates market is segmented on the basis of type, form, application, and region.
This market research report further provides insight into various levels of analysis such as industry analysis, market share analysis as well as leading market players and their profiles. This report also helps in studying target consumer segments by providing views on emerging and high-growth segments and market size. Together the market data comprise and discuss basic valuations on the competitive scenarios and strategies of the Asia Pacific glycinates market including high-growth regions, countries and their political, economic and technological environments. Furthermore, the project report also provides views of historical market values as well as pricing and cost analysis of the same.
