U.S. Glycine for Animal Nutrition Market to Reach USD 29.89 Million by 2023, Finds New Report

Global Animal Nutrition Market Reports

Glycine is an organic compound and is known as the smallest of the 20 amino acids which are found in proteins. It is the only amino acid that does not form an L or D optical rotation. It is a colorless, sweet-tasting crystalline solid.

Glycine for animal nutrition is mainly made into feed for poultry, livestock, and pet. Because the demand for meat is increasing, furtherly stimulating the poultry and livestock market in USA, glycine consumption is increasing. Raising pets is also a fashion in the USA, more and more people like to have pets, and the tendency also increases the glycine application in the pet industry.

In the USA, the sale volume increased to 7378 MT in 2016 from 6624 MT in 2012 with the CAGR of 2.73%. Due to the fluctuation of the price, the sale value has also fluctuated. The Middle Atlantic is the main consumption region followed by Southwest.

In the future, in the USA the glycine for animal nutrition market will continue to develop and the sale volume will be 8983 MT in 2023, the value will be 29.89 Million USD in 2023. Due to the demand in the future, the price will increase.

According to this study, over the next five years, the Glycine for Animal Nutrition market will register an xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Glycine for Animal Nutrition business, shared in Chapter 3.

ORDER THIS REPORT: Global Glycine for Animal Nutrition Market Growth 2019-2024

This report presents a comprehensive overview, market shares, and growth opportunities of Glycine for Animal Nutrition market by product type, application, key manufacturers and key regions and countries.

This study considers the Glycine for Animal Nutrition value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

Purity ≥99%
Purity 98.5% -99%

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

Poultry
Livestock
Pet
Other

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

Americas
APAC
Europe
Middle East & Africa
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

Ajinomoto
GEO Specialty Chemicals
Showa Denko KK
Chattem Chemicals
Paras Intermediates
Yuki Gosei Kogyo
FInOrIC
Shijiazhuang Donghua Jinlong Chemical
Hebei Donghua Jiheng Chemical
Zhenxing Chemical
Newtrend Group
Hengshui Haoye Chemical
Hebei Vision Additive
Lincheng Golden Sugar Food

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

To study and analyze the global Glycine for Animal Nutrition consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Glycine for Animal Nutrition market by identifying its various sub-segments.
Focuses on the key global Glycine for Animal Nutrition manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in next few years.
To analyze the Glycine for Animal Nutrition with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Glycine for Animal Nutrition submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Browse this report: https://www.marketresearchreports.com/lpi/global-glycine-animal-nutrition-market-growth-2019-2024

Browse more Additive and Supplement Reports: https://www.marketresearchreports.com/additives-supplements

Find out the Top Animal Nutrition Companies in World.

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