GLUTAMIC ACID MARKET ANALYSIS

Glutamic acid is mainly used in a wide range of dietary supplements. It is an amino acid also named proteinogenic amino acid. It is a non-essential amino acid that is used to produce proteins. It also plays a vital role in the CNS (Central Nervous System). It acts as an excitatory neurotransmitter that maintains normal brain function. Moreover, glutamic acid is used for the regulation of sodium, calcium, and magnesium ions in the nerve cells. Glutamic acid is majorly found in soya protein, meats, cereals, and certain algae. Glutamic acid is produced in the human body and plays an important role in metabolism activities.

Market Dynamics

Rising demand for glutamic acid across the food & beverages industry

The use of glutamic acid in various applications such as food & beverages, animal feed, among others is likely to propel the global glutamic acid market growth. Glutamic acid is also used as a food enhancer and food additive across the packaged food industry. Thus, the booming demand for packaged food is one of the key factors driving the global glutamic acid industry. Also, consumer preference is shifting toward the consumption of natural food products which is expected to wintness significant demand for glutamic acid. These acids are also used in dairy products to boost the taste and shelf life. Thus, rising awareness among consumers about health concerns is projected to bolster glutamic acid in the food & beverages industry.

Growing initiatives taken by the glutamic acid market players

Glutamic acid is used for the treatment of childhood behavioral & personality problems, and hypoglycemia in diabetic patients. In addition, it helps to maintain nails, hair, and skin health. Furthermore, it is used to treat muscular dystrophy, epilepsy, mental retardation, and intellectual disorders. These acids are also used to detoxify ammonia from the human body and further support the immune system. Owing to these number of health benefits of glutamic acid, the market players expand their production plants and make investments in R & D developments. These are the major factors mainly ascribed to create ample opportunity throughout the glutamic acid industry players over the forecast timeline.

The negative impact on health is hampering the market growth

The excessive consumption of glutamic acid badly impacted human health. It causes muscle pain, headache, abdominal pain, and nausea. In addition, glutamic acid has some side effects such as swelling of throat, skin burning, tiredness, memory problems, allergic reaction, chest pain, and others. These are the major factors are restraining the glutamic acid industry.

Key features of the study:

• This report provides an in-depth analysis of the global glutamic acid market, market size (US$ Million & Tons), and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global glutamic acid market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study include IRIS BIOTECH GMBH, Ajinomoto Co., Inc., Akzo Nobel N.V., Evonik Industries AG, KYOWA HAKKO BIO CO., LTD., Sichuan Tongsheng Amino acid Co., Ltd, Ningxia Eppen Biotech Co., Ltd, Global Bio-chem Technology Group Company Limited., Otto Chemie Pvt. Ltd., and Hefei TNJ Chemical Industry Co., Ltd.
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgrade, market expansion, and marketing tactics
• The global glutamic acid market report caters to various stakeholders in this industry including investors, suppliers, caffeine manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global glutamic acid market

Detailed Segmentation:

• Global Glutamic Acid Market, By Application:
  • Food & Beverages
  • Cosmetics & Personal Care
  • Pharmaceuticals
  • Animal Feed
  • Others
• Global Glutamic Acid Market, By Region:
  • North America
    • By Country:
      • U.S.
      • Canada
  • Latin America
    • By Country:
      • Brazil
      • Argentina
      • Mexico
      • Rest of Latin America
  • Europe
    • By Country:
      • U.K.
      • Italy
      • France
      • Germany
      • Spain
      • Russia
      • Rest of Europe
  • Asia Pacific
    • By Country:
      • China
      • India
      • Japan
      • ASEAN
      • Australia
      • Rest of Asia Pacific
  • Middle East & Africa
    • By Sub-region:
      • Middle East
      • Africa
• Company Profiles
  • IRIS BIOTECH GMBH
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments
    • Future Plans
  • Ajinomoto Co., Inc.
  • Akzo Nobel N.V.
  • Evonik Industries AG
  • KYOWA HAKKO BIO CO.,LTD.
  • Sichuan Tongsheng Amino acid Co., Ltd
  • Ningxia Eppen Biotech Co., Ltd
  • Global Bio-chem Technology Group Company Limited.
  • Otto Chemie Pvt. Ltd.
  • Hefei TNJ Chemical Industry Co., Ltd.

*” marked represents similar segmentation in other categories in the respective section.