GLYCINE MARKET ANALYSIS

Regional Analysis

Market Outlook

On the basis of region, the global glycine market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. North America holds dominant position in the global glycine market, however, the region is witnessing stagnant growth since past few months due to the sluggish demand. High demand for packaged food and meat products makes the market in the U.S leading in this region.

Asia Pacific is the fastest growing region in the global glycine market, owing to the presence of emerging economies such as India, Japan, China, Singapore, and South Korea. Europe is expected to witness a moderate growth in the global glycine market during the forecast period, owing to sluggish growth of the end users and economic slowdown.