HomeBUSINESSThe Glycine Market: Drivers, Trends, and Forecasts Provided by Procurement Resource

The Glycine Market: Drivers, Trends, and Forecasts Provided by Procurement Resource

Glycine is a type of amino acid that is amphoteric in nature. It can form salts in both the bases and acids in aqueous solutions. It has only one hydrogen atom in the side chain and forms the smallest amino acid compound. It is a white crystalline solid compound that is soluble in water. However, it does not dissolve in organic chemical solvents like ethanol and ethers. The chemical compound has a sweet taste, and its melting and boiling point measures around 233° C and 240° C, respectively.

The commercial synthesis of Glycine is conducted by reacting chloroacetic acid with ammonia. The liver and the kidney naturally secrete it. It is primarily associated with food, pharmaceutical, and chemical industries.

Request for Real-Time Glycine Prices: https://procurementresource.com/resource-center/glycine-price-trends/pricerequest

The key importing countries that import Glycine are the United States, India, and China. On the other hand, the primary importing countries include India, China, and Russia.

Key Details About the Glycine Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Glycine price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Glycine Price chart, including India Glycine price, USA Glycine price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Glycine Price Trend:

Glycine is an organic chemical compound mainly comprised of amino acids and has a wide range of applications in various industrial domains, including pharmaceutical, chemical, and food manufacturing industries. It has great health benefits and contains essential antioxidants that help maintain a healthy heart and immune system. It is useful to treat building and strengthening muscles, repairing joints, and increasing memory and thinking skills.

Additionally, it is used as an emulsifier in various food manufacturing activities. The chemical compound acts as a sweetener, preservative, emollient, and solubilizing agent in commercial processes that manufacture or produce chemicals and food products such as meat, chicken, canned salmon, granola, and dairy products. It is also used as a nutritional supplement, buffering agent, and flavour enhancer in protein-rich food items.

Key Players:

  • Acros Organics
  • Ajinomoto Health & Nutrition North America, Inc
  • Newtrend Group
  • Henan HDF Chemical Company,Ltd

News & Recent Development

  • Date: May 31, 2023- A supplementary intake of GlyNAC, which is a combination of Glycine and cysteine, increases the glutathione levels in the body and reverses age-related cognitive declination, which has been observed in aged mice.

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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Company Name: Procurement Resource
Contact Person: Chris Byrd
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