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Global Glutamic Acid Market Size study, By Application (Food & Beverages, Pharmaceuticals, Animal Feed, Others), and Regional Forecasts 2022-2028

September 2022 | 200 pages | ID: G26DCE55C633EN
Bizwit Research & Consulting LLP

US$ 4,950.00

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Global Glutamic Acid Market is valued approximately USD 10.27 Billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.60% over the forecast period 2022-2028.

The majority of foods include glutamic acid, also known as protein genic amino acid, which is a plentiful supply of amino acids. It can be found in beef, soy protein, some types of algae, and cereals. It is mostly utilised to improve flavours in processed food goods. Glutamic acid functions as a neurotransmitter and is involved in the metabolism of ammonia. In the near future, it is predicted that rising consumer demand for animal feed will be accompanied by an increase in the use of food enhancers and additives in the food and beverage sector. Thus, rising pharmaceutical industry is driving the growth for the market over the forecasted period. For instance, according to Statista, in 2018, the revenue of pharmaceutical industry was USD 1204.8 billion which has increased up to USD 1423.5 billion in 2021. It is predicted that the growing application in the processed food and animal feed sectors will propel market expansion globally. Over the course of the projection period, glutamic acid market demand is also anticipated to increase due to changing customer preferences for healthier food products and the use of processed food. Along with this, rising demand for healthy products is creating lucrative growth opportunity for the market over the forecasted period. However, excessive use of glutamic acid causes headaches and fatigue issues, which is expected to limit the market growth for glutamic acid, while the risk of stroke mortality linked to high consumption of glutamic acid may limit the market growth for blueberries.


The key regions considered for the global Glutamic Acid Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia-pacific is the leading region across the world in terms of market share owing to expansion of the end-use industries such as pharmaceutical, animal feed, cosmetics and personal care, and food and beverage, in the developing countries of the region. Whereas, North America is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the increasing pharmaceutical sector, the substance is used to make a variety of medications for the treatment of illnesses like epilepsy and brain disorders. The pharmaceutical industry in North America is anticipated to reach USD 633 billion by 2024, achieving a CAGR of 3.5% over the projected period, according to a report released by a U.K.-based pharmaceutical firm in 2020, would create lucrative growth prospects for the Glutamic Acid Market across the North America region.

Major market players included in this report are:
Ajinomoto Co., Inc.
Akzo Nobel N.V.
Evonik Industries AG
Sichuan Tongsheng Amino acid Co., Ltd.
KYOWA HAKKO BIO CO., LTD.
Ottokemi
Hefei TNJ Chemical Industry Co., Ltd.
Suzhou Yuanfang Chemical Co., Ltd.
Global Bio-chem Technology Group Company Limited
Ningxia Yipin Biological Technology Co., Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application
Food & Beverages
Pharmaceuticals
Animal Feed
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Glutamic Acid Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
  1.2.1. Global Glutamic Acid Market, by Region, 2020-2028 (USD Billion)
  1.2.2. Global Glutamic Acid Market, by Application, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL GLUTAMIC ACID MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL GLUTAMIC ACID MARKET DYNAMICS

3.1. Glutamic Acid Market Impact Analysis (2020-2028)
  3.1.1. Market Drivers
    3.1.1.1. Increasing pharmaceutical industry
    3.1.1.2. Rising consumer preference
  3.1.2. Market Challenges
    3.1.2.1. Hazardous effects of Glutamic Acid
  3.1.3. Market Opportunities
    3.1.3.1. Growing demand for healthy products

CHAPTER 4. GLOBAL GLUTAMIC ACID MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

  5.1.1. Assessment of the overall impact of COVID-19 on the industry
  5.1.2. Pre COVID-19 and post COVID-19 Market scenario

CHAPTER 6. GLOBAL GLUTAMIC ACID MARKET, BY APPLICATION

6.1. Market Snapshot
6.2. Global Glutamic Acid Market by Application, Performance - Potential Analysis
6.3. Global Glutamic Acid Market Estimates & Forecasts by Application 2018-2028 (USD Billion)
6.4. Glutamic Acid Market, Sub Segment Analysis
  6.4.1. Food & Beverages
  6.4.2. Pharmaceuticals
  6.4.3. Animal Feed
  6.4.4. Others

CHAPTER 7. GLOBAL GLUTAMIC ACID MARKET, REGIONAL ANALYSIS

7.1. Glutamic Acid Market, Regional Market Snapshot
7.2. North America Glutamic Acid Market
  7.2.1. U.S. Glutamic Acid Market
    7.2.1.1. Application estimates & forecasts, 2018-2028
  7.2.2. Canada Glutamic Acid Market
7.3. Europe Glutamic Acid Market Snapshot
  7.3.1. U.K. Glutamic Acid Market
  7.3.2. Germany Glutamic Acid Market
  7.3.3. France Glutamic Acid Market
  7.3.4. Spain Glutamic Acid Market
  7.3.5. Italy Glutamic Acid Market
  7.3.6. Rest of Europe Glutamic Acid Market
7.4. Asia-Pacific Glutamic Acid Market Snapshot
  7.4.1. China Glutamic Acid Market
  7.4.2. India Glutamic Acid Market
  7.4.3. Japan Glutamic Acid Market
  7.4.4. Australia Glutamic Acid Market
  7.4.5. South Korea Glutamic Acid Market
  7.4.6. Rest of Asia Pacific Glutamic Acid Market
7.5. Latin America Glutamic Acid Market Snapshot
  7.5.1. Brazil Glutamic Acid Market
  7.5.2. Mexico Glutamic Acid Market
7.6. Rest of The World Glutamic Acid Market

CHAPTER 8. COMPETITIVE INTELLIGENCE

8.1. Top Market Strategies
8.2. Company Profiles
  8.2.1. Ajinomoto Co., Inc.
    8.2.1.1. Key Information
    8.2.1.2. Overview
    8.2.1.3. Financial (Subject to Data Availability)
    8.2.1.4. Product Summary
    8.2.1.5. Recent Developments
  8.2.2. Akzo Nobel N.V.
  8.2.3. Evonik Industries AG
  8.2.4. Sichuan Tongsheng Amino acid Co., Ltd.
  8.2.5. KYOWA HAKKO BIO CO., LTD.
  8.2.6. Ottokemi
  8.2.7. Hefei TNJ Chemical Industry Co., Ltd.
  8.2.8. Suzhou Yuanfang Chemical Co., Ltd.
  8.2.9. Global Bio-chem Technology Group Company Limited
  8.2.10. Ningxia Yipin Biological Technology Co., Ltd.

CHAPTER 9. RESEARCH PROCESS

9.1. Research Process
  9.1.1. Data Mining
  9.1.2. Analysis
  9.1.3. Market Estimation
  9.1.4. Validation
  9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Glutamic Acid Market, report scope
TABLE 2. Global Glutamic Acid Market estimates & forecasts by Region 2018-2028 (USD Billion)
TABLE 3. Global Glutamic Acid Market estimates & forecasts by Application 2018-2028 (USD Billion)
TABLE 4. Global Glutamic Acid Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 5. Global Glutamic Acid Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 6. Global Glutamic Acid Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 7. Global Glutamic Acid Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 8. Global Glutamic Acid Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 9. Global Glutamic Acid Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 10. Global Glutamic Acid Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 11. Global Glutamic Acid Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 12. Global Glutamic Acid Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 13. Global Glutamic Acid Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 14. U.S. Glutamic Acid Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 15. U.S. Glutamic Acid Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 16. U.S. Glutamic Acid Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 17. Canada Glutamic Acid Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 18. Canada Glutamic Acid Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 19. Canada Glutamic Acid Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 20. UK Glutamic Acid Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 21. UK Glutamic Acid Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 22. UK Glutamic Acid Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 23. Germany Glutamic Acid Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 24. Germany Glutamic Acid Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 25. Germany Glutamic Acid Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 26. RoE Glutamic Acid Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 27. RoE Glutamic Acid Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 28. RoE Glutamic Acid Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 29. China Glutamic Acid Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 30. China Glutamic Acid Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 31. China Glutamic Acid Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 32. India Glutamic Acid Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 33. India Glutamic Acid Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 34. India Glutamic Acid Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 35. Japan Glutamic Acid Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 36. Japan Glutamic Acid Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 37. Japan Glutamic Acid Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 38. RoAPAC Glutamic Acid Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 39. RoAPAC Glutamic Acid Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 40. RoAPAC Glutamic Acid Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 41. Brazil Glutamic Acid Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 42. Brazil Glutamic Acid Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 43. Brazil Glutamic Acid Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 44. Mexico Glutamic Acid Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 45. Mexico Glutamic Acid Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 46. Mexico Glutamic Acid Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 47. RoLA Glutamic Acid Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 48. RoLA Glutamic Acid Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 49. RoLA Glutamic Acid Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 50. Row Glutamic Acid Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 51. Row Glutamic Acid Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 52. Row Glutamic Acid Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 53. List of secondary sources, used in the study of global Glutamic Acid Market
TABLE 54. List of primary sources, used in the study of global Glutamic Acid Market
TABLE 55. Years considered for the study
TABLE 56. Exchange rates considered

LIST OF FIGURES


List of figures
FIG 1. Global Glutamic Acid Market, research methodology
FIG 2. Global Glutamic Acid Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Glutamic Acid Market, key trends 2021
FIG 5. Global Glutamic Acid Market, growth prospects 2022-2028
FIG 6. Global Glutamic Acid Market, porters 5 force model
FIG 7. Global Glutamic Acid Market, pest analysis
FIG 8. Global Glutamic Acid Market, value chain analysis
FIG 9. Global Glutamic Acid Market by segment, 2018 & 2028 (USD Billion)
FIG 10. Global Glutamic Acid Market by segment, 2018 & 2028 (USD Billion)
FIG 11. Global Glutamic Acid Market by segment, 2018 & 2028 (USD Billion)
FIG 12. Global Glutamic Acid Market by segment, 2018 & 2028 (USD Billion)
FIG 13. Global Glutamic Acid Market by segment, 2018 & 2028 (USD Billion)
FIG 14. Global Glutamic Acid Market, regional snapshot 2018 & 2028
FIG 15. North America Glutamic Acid Market 2018 & 2028 (USD Billion)
FIG 16. Europe Glutamic Acid Market 2018 & 2028 (USD Billion)
FIG 17. Asia pacific Market 2018 & 2028 (USD Billion)
FIG 18. Latin America Glutamic Acid Market 2018 & 2028 (USD Billion)
FIG 19. Global Glutamic Acid Market, company Market share analysis (2021)


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