The global glutamic acid market was valued US$ 12.38 Bn in 2019 and is expected to reach 18.11 Bn by 2027, at a CAGR of 8.45% during a forecast period. Industrial synthesis across the globe is covering 50% of global glutamic acid market share.
Global Glutamic Acid Market
Market Definition:
Glutamic acid is widely famous as crystalline amino acid having chemical formula C5H9NO4 which is widely obtain from protein, further act as a neurotransmitter and plays major role in nitrogen metabolism.
The report study has analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers, and disrupters in the report, and the same is reflected in our analysis.
Market Outlook:
Glutamic acid is one of the main proteins required by the human body which helps in protein synthesis in the body, hence majorly involved in muscle gain and recorded as chief amino acid form. Further, growing demand of glutamic acid in supplementary food manufacturing which helps to gain muscle mass and boost the body strength making this market famous amongst sports person, gym person, and others is a major influence likely to motivate the global glutamic acid market in the coming years. Additionally, huge demand for the supplementary food product in developed and developing region, huge consumption rate of milk together with glutamic acid in order to improve the taste is considered as another driving factor for the global glutamic acid demand market.
Intensification in consumption of dairy products is projected to boost the demand for glutamic acid in the coming years. As per the global agriculture information network, milk production in India during the forecasted period is expected to increase by ~ 6%. It is recorded that demand for glutamic acid in numerous end- user have increased due to development in pharmaceutical, pet food additive, and others are propelling the market growth. Pharmaceutical industry is also stimulating the market growth during the forecast period as glutamic acid is the most preferred amino acid for synthesis amongst other. Therapeutic applications comprise parenteral nutrition, hypertension neuroregulators and congenital metabolic diseases.
Growing trend towards consuming ready to eat product and processed foods have registered a major demand for the targeted material and expected to boost market growth during the forecast period. Also, glutamic acid is broadly accepted as food additives and similarly used as flavour in both ready-to-eat and processed foods. Upsurge in intake of meat foods expected to boost the progress of the glutamic acid market. Moreover, liking of natural food additives over artificial food flavors result in growing health concern amongst growing population showing dynamic impact to accelerate the demand for glutamic acid.
Conversely, presence of substitutes in market may hinder the market growth during the forecast period.
Glutamic Acid Market Segment analysis:
By type, food additives segment is projected to expand at a constant rate. The same segment is also composed to acquire a share of XX.4% by the end 2027. Rapid growth in food and beverages industry in developing economies in the Asia Pacific exceeding the demand for glutamic acid and the crucial application of glutamic acid is observed in prepacked food and dairy product. Producers of seasoning blends, snacks, condiments, soups, and instant noodles initiate broad application of glutamic acid to enrich the taste of mentioned food products that further helps to boost their nutritional content. Also, in dairy industry, glutamic acid is famous as preservative and enhance the self-life of the product as well as flavour promoter. Hence, the growth in demand for above mentioned application is expected to have a positive impact on the demand for Glutamic Acid in coming seven years.
Glutamic Acid Market Regional Analysis:
Regionally, Asia Pacific is expected to dominate the glutamic acid market and is expected to grow at a CAGR of XX % during the forecast period. Developing regions like India, China, and Japan are considered as the major contributors for the glutamic acid market growth in the Asia Pacific region. India, China, and Brazil are focusing mainly on improving their pharmaceutical infrastructure food manufacturing industry with developed technologies, further adoption of animal and pets in developing economies is boosting regional market demand and ultimately driving the glutamic acid market size by 2027. In 2019, market size was valued US$ XX Bn while in India market size was valued XX Bn and expected to increase by US$ X.38 Bn in the coming years. Furthermore, recent covid-19 pandemic outbreak will negatively hinder the market growth in the Asia Pacific region.
North America will also generate several incredible growth openings to the overall market in the coming years through escalating disposable income, booming animal food manufacturing industries, together with a large chain of major prominent players available in countries in this region. Additionally, cumulative merger and acquirement events amid international and local players to augment manufacture product portfolio is expected to be the key growth driver for the regional market.
The objective of the report is to present a comprehensive analysis of the Global Glutamic Acid Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Glutamic Acid Market dynamics, structure by analyzing the market segments and project the Global Glutamic Acid Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Glutamic Acid Market make the report investor’s guide.
Scope of Glutamic Acid Market
Global Glutamic Acid Market, By Type
• Animal and Pet Food
• Pharmaceutical
• Food Additives
Global Glutamic Acid Market, By Application
• Industrial Synthesis
• Biosynthesis
Global Glutamic Acid Market, By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
Key Players Operating the Glutamic Acid Market,
• Global Bio-chem Technology Group Company Limited
• Sichuan Tongsheng Amino Acid Co., Ltd
• Suzhou Yuanfang Chemical Co. Ltd
• Shaanxi Sciphar Hi-tech Industry Co., Ltd
• EPPEN Bioengineering Stock Co., Ltd
• Evonik Industries AG
• Kyowa Hakko Bio Co., Ltd
• Tokyo Chemical Industry Co., Ltd
• Sunrise Nutrachem Group
• Kyowa Hakko Bio Co., Ltd
• Tocris Bioscience Ltd
• Iris Biotech GmbH
• Ajinomoto Co., Inc
• Prinova U.S. LLC
• AnaSpec Inc
• Royal DSM
• Bachem AG
• Ningxia
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One of the major factors expected to drive the glutamic acid market over the forecast period is Growing processed food industry owing to its easy availability.
Other factors fueling the market growth is shifting preferences of people towards natural food additives because of rising health concerns.
On the other hand, one of the factor restraining market over the forecast spell is extreme intake of glutamic acid can result in headaches plus fatigue problems.Request a sample of this report @ https://www.adroitmarketresearch.com/contacts/request-sample/265 The global glutamic acid market has been segmented by different application and geography.
Additionally, animal feed business is likely to witness a noteworthy growth owing to the increasing meat consumption across the globe with augmenting demand for high-quality meat products.Geographical segmentation of global glutamic acid market segmented into several key regions covering Latin America, North America, Europe, Middle East & Africa (MEA) and Asia-Pacific.
Besides, in Europe, the growing health concerns and stringent government regulations about public health as well as feed additives are expected to impact the market significantly.The Key players operating in glutamic acid market across the globe include Ningxia EPPEN Bioengineering Stock Co. Ltd, Global Bio-chem Technology Group Company Bachem AG, Iris Biotech GmbH, Kyowa Hakko Bio Co. Ltd, Suzhou Yuanfang Chemical Co. Ltd., Sichuan Tongsheng Amino Acid Co. Ltd, Ajinomoto Co. Inc. ltd., Akzo Nobel N.V. & Evonik Industries AG.
Besides, in order to ensure product differentiation and expand a considerable glutamic acid market share prominent vendors are implementing several strategies as well as continuously developing innovative products.Browse the complete report @ https://www.adroitmarketresearch.com/industry-reports/glutamic-acid-market Key segments of the global glutamic acid market include:Application SegmentFood additivesAnimal & pet foodPharmaceuticalGeographical SegmentLatin AmericaNorth AmericaEuropeMiddle East & Africa (MEA)Asia-PacificWhat to expect from the upcoming report on ‘Global Glutamic Acid Market’:- Analyzes about future prospects as well as global glutamic acid market trends market over the forecast period (2018-2025)- Information regarding technological progressions as well as innovations taking place in developing as well as developed economies and also various macro & microeconomic factors that affect the growth of the market.- Supportive initiatives by government likely to influence the market dynamics.- Key drivers influencing market’s growth, opportunities, restraints, sales channels and distributors.- In-depth analysis of different market segmentations including application and geographical regions.- Deep analysis about the competitive landscape of the market and the initiatives by them to improve this market such as expansions, growth strategies, agreements, new product launches and acquisitions in the market- Value Chain and Sales Channels AnalysisWho should buy this report?- Report is especially designed for Venture capitalists, Investors, financial institutions, Analysts, Government organizations, regulatory authorities, policymakers, researchers, strategyPre-book the research study on Glutamic Acid and Get Flat 10% Discount @ https://www.adroitmarketresearch.com/researchreport/purchase/265 About Us:Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018.
Cocoyl Glutamic Acid market is segmented by region (country), players, by Type, and by Application.
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The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2015-2026.Segment by Type, the Cocoyl Glutamic Acid market is segmented into:SolidLiquidPasteDownload FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/58295/global-china-cocoyl-glutamic-acid-2026-490Segment by Application, the Cocoyl Glutamic Acid market is segmented into:IndustryPersonal CareRegional and Country-level Analysis:The Cocoyl Glutamic Acid market is analysed and market size information is provided by regions (countries).The key regions covered in the Cocoyl Glutamic Acid market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.The report includes country-wise and region-wise market size for the period 2015-2026.
It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.Competitive Landscape and Cocoyl Glutamic Acid Market Share AnalysisCocoyl Glutamic Acid market competitive landscape provides details and data information by players.
The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020.
