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The glutamic acid market is forecasted to grow by USD 7.84 billion during 2024-2029, accelerating at a CAGR of 9.1% during the forecast period. The report on the glutamic acid market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for use in sports supplements, increasing health consciousness among people, and expanding application of glutamic acids in skincare products.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The glutamic acid market is segmented as below:
By Source
- Plant-based
- Animal-based
By End-user
- Food and beverages
- Pharmaceuticals
- Others
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
The report on the glutamic acid market covers the following areas:
- Glutamic Acid Market sizing
- Glutamic Acid Market forecast
- Glutamic Acid Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Source
9 Market Segmentation by End-user
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global glutamic acid market: Ajinomoto Co. Inc., Amino GmbH, Anhui Keynovo Biotech Co. Ltd., Evonik Industries AG, Fufeng Group, Global Bio chem Technology Group Co. Ltd., Hefei TNJ Chemical Industry Co. Ltd., Iris Biotech GmbH, Kyowa Hakko Bio Co. Ltd., Lanxess AG, Medinex Group, Ningxia Eppen Biotech Co. Ltd., Otto Chemie Pvt. Ltd., Sekisui Medical Co. Ltd., ShanDong look chemical Co. Ltd., Sichuan Tongsheng Amino acid Co. Ltd, Suzhou Yuanfang Chemical Co. Ltd., Tocris Bioscience, Tokyo Chemical Industry Co. Ltd., and Wuhan Amino Acid Bio Chemical Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing use of glutamic acid as animal feed additives."
According to the report, one of the major drivers for this market is the growing demand for use in sports supplements.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Ajinomoto Co. Inc.
- Amino GmbH
- Anhui Keynovo Biotech Co. Ltd.
- Evonik Industries AG
- Fufeng Group
- Global Bio chem Technology Group Co. Ltd.
- Hefei TNJ Chemical Industry Co. Ltd.
- Iris Biotech GmbH
- Kyowa Hakko Bio Co. Ltd.
- Lanxess AG
- Medinex Group
- Ningxia Eppen Biotech Co. Ltd.
- Otto Chemie Pvt. Ltd.
- Sekisui Medical Co. Ltd.
- ShanDong look chemical Co. Ltd.
- Sichuan Tongsheng Amino acid Co. Ltd
- Suzhou Yuanfang Chemical Co. Ltd.
- Tocris Bioscience
- Tokyo Chemical Industry Co. Ltd.
- Wuhan Amino Acid Bio Chemical Co. Ltd.
