Global Glutamic Acid Market, By Product (Biosynthesis, Industrial Synthesis), Application (Food Additives, Pharmaceutical, and Animal & Pet Food), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Global glutamic acid market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a substantial CAGR of 6.45% in the above-mentioned forecast period.
Glutamic acid also called protein genic amino acid is an abundant source of amino acid present in most of the foods. It is present in the cereals, certain type of algae, meat and soy protein. It is mostly used in the processed food products for enhancing the flavours. Glutamic acid is involved in ammonia metabolism and serves as a neurotransmitter.
The rising application in processed food & animal feed industries is estimated to drive the market growth across the globe. Moreover, shifting trend toward use of processed food and growing consumer preference towards healthy food products is expected to heighten the overall demand for glutamic acid market over the forecast period. However, excessive intake of glutamic acid results in headaches and fatigue problems are projected to act as a restraint towards the growth of glutamic acid market whereas the risk of stroke mortality associated with high intake of glutamic acid might challenge the growth of the blueberry market.
Moreover, the changing preference towards natural food additives along with rising health concerns are expected to further generate new opportunities for the glutamic acid market in the forecast period of 2021 to 2028.
This glutamic acid market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on glutamic acid market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Glutamic Acid Market Scope and Market Size
The glutamic acid market is segmented on the basis of product and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product, the glutamic acid market has been segmented into biosynthesis and industrial synthesis.
- On the basis of application, the glutamic acid market has been segregated into food additives, pharmaceutical, and animal & pet food.
Glutamic Acid Market Country Level Analysis
Glutamic acid market is analyses and market size, volume information is provided by product and application as referenced above.
The countries covered in the glutamic acid market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America leads the glutamic acid market due to the sustained growth of the processed food industry. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 due to the rising demand for processed food and rowing demand for natural food additives.
The country section of the glutamic acid market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Glutamic Acid Market Share Analysis
Glutamic acid market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to glutamic acid market.
The major players covered in the glutamic acid report are Sichuan Tongsheng Amino acid Co., Ltd, avenit AG, Suzhou Yuanfang Chemical Co. Ltd., Luojiang Chenming Biological Products Co., Ajinomoto Health & Nutrition North America, Inc., IRIS BIOTECH GMBH, Global Bio-chem Technology Group Company Limited, Akzo Nobel N.V., KYOWA HAKKO BIO CO.LTD, Evonik Industries AG among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.