Published Date: 2018-03-16
Glycine for animal nutrition is mainly made into feed for poultry, livestock and pet. Because the demand of meat is increasing, furtherly stimulating the poultry and livestock market in USA, glycine consumption is increasing. Raising pets is also a fashion in USA, more and more people like to have pets, and the tendency also increases the glycine application in pet industry.
In USA, the local producers are GEO Specialty Chemicals, Chattem Chemicals and FInOrIC. But these three companies can’t meet the market demand; USA has to import lots of products from other countries. Asian companies are main supplier such as Ajinomoto, Showa Denko KK, Paras Intermediates, Yuki Gosei Kogyo, Shijiazhuang Donghua Jinlong Chemical, Hebei Donghua Jiheng Chemical, Zhenxing Chemical. GEO Specialty Chemicals takes the biggest market share 28.02% in 2016.
In 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 was also fluctuated. The Middle Atlantic is the main consumption region followed by Southwest.
In future, in 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 future, the price will increase.
The United States Glycine for Animal Nutrition Market Report 2017 report released by QYResearch provides a basic overview of the Glycine for Animal Nutrition industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.
The report then focuses on major industry players in United States, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Glycine for Animal Nutrition industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.
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