The global glutamic acid market size accounted for US$ 11.54 Bn in 2021 and is projected to reach around USD 22.5 Bn by 2030, growing at a CAGR of 7.7% from 2022 to 2030.
Report Summary
The global glutamic acid market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.
The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the glutamic acid market across the globe.
A comprehensive estimate on the glutamic acid market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of glutamic acid during the forecast period. Price point comparison by region with global average price is also considered in the study.
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Glutamic Acid Market Scope
Report Coverage | Details |
Market Size in 2022 | USD 12.43 Billion |
Market Size by 2030 | USD 22.5 Billion |
Growth Rate from 2022 to 2030 | CAGR of 7.7% |
Largest Market | Asia Pacific |
Fastest Growing Market | North America |
Base Year | 2021 |
Forecast Period | 2022 to 2030 |
Key Highlights:
Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized glutamic acid market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.
Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.
Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.
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Glutamic Acid Market Players
The report includes the profiles of key glutamic acid market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.
Major companies operating in this area
- 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.
Market Segmentation
By Application
- Food & Beverages
- Pharmaceuticals
- Animal Feed
- Others
Regional Segmentation
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
- Latin America (Brazil and Rest of Latin America)
- Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)
Research Methodology
Secondary Research
It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.
The secondary research sources referred in the process are as follows:
- Governmental bodies, and organizations creating economic policies
- National and international social welfare institutions
- Company websites, financial reports and SEC filings, broker and investor reports
- Related patent and regulatory databases
- Statistical databases and market reports
- Corporate Presentations, news, press release, and specification sheet of Manufacturers
Primary Research
Primary research includes face-to-face interviews, online surveys, and telephonic interviews.
- Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
- In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.
TABLE OF CONTENT
Glutamic Acid Market
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Glutamic Acid Market
5.1. COVID-19 Landscape: Glutamic Acid Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Glutamic Acid Market, By Application
8.1. Glutamic Acid Market, by Application Type, 2020-2027
8.1.1. Food & Beverages
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Pharmaceuticals
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Animal Feed
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.4. Others
8.1.4.1. Market Revenue and Forecast (2016-2027)
Chapter 9. Global Glutamic Acid Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue and Forecast, by Application (2016-2027)
9.1.2. U.S.
9.1.3. Rest of North America
9.1.3.1. Market Revenue and Forecast, by Application (2016-2027)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Application (2016-2027)
9.2.2. UK
9.2.2.1. Market Revenue and Forecast, by Application (2016-2027)
9.2.3. France
9.2.3.1. Market Revenue and Forecast, by Application (2016-2027)
9.2.4. Rest of Europe
9.2.4.1. Market Revenue and Forecast, by Application (2016-2027)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Application (2016-2027)
9.3.2. India
9.3.2.1. Market Revenue and Forecast, by Application (2016-2027)
9.3.3. China
9.3.3.1. Market Revenue and Forecast, by Application (2016-2027)
9.3.4. Japan
9.3.4.1. Market Revenue and Forecast, by Application (2016-2027)
9.3.5. Rest of APAC
9.3.5.1. Market Revenue and Forecast, by Application (2016-2027)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Application (2016-2027)
9.4.2. GCC
9.4.2.1. Market Revenue and Forecast, by Application (2016-2027)
9.4.3. North Africa
9.4.3.1. Market Revenue and Forecast, by Application (2016-2027)
9.4.4. South Africa
9.4.4.1. Market Revenue and Forecast, by Application (2016-2027)
9.4.5. Rest of MEA
9.4.5.1. Market Revenue and Forecast, by Application (2016-2027)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Application (2016-2027)
9.5.2. Brazil
9.5.2.1. Market Revenue and Forecast, by Application (2016-2027)
9.5.3. Rest of LATAM
9.5.3.1. Market Revenue and Forecast, by Application (2016-2027)
Chapter 10. Company Profiles
10.1. Ajinomoto Co., Inc.
10.1.1. Company Overview
10.1.2. Application Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. Akzo Nobel N.V.
10.2.1. Company Overview
10.2.2. Application Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. Evonik Industries AG
10.3.1. Company Overview
10.3.2. Application Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. Sichuan Tongsheng Amino acid Co., Ltd.
10.4.1. Company Overview
10.4.2. Application Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. KYOWA HAKKO BIO CO., LTD.
10.5.1. Company Overview
10.5.2. Application Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Ottokemi
10.6.1. Company Overview
10.6.2. Application Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. Hefei TNJ Chemical Industry Co., Ltd.
10.7.1. Company Overview
10.7.2. Application Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. Suzhou Yuanfang Chemical Co., Ltd.
10.8.1. Company Overview
10.8.2. Application Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. Global Bio-chem Technology Group Company Limited
10.9.1. Company Overview
10.9.2. Application Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. Ningxia Yipin Biological Technology Co., Ltd.
10.10.1. Company Overview
10.10.2. Application Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives
Chapter 11. Research Methodology
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
Chapter 12. Appendix
12.1. About Us
12.2. Glossary of Terms
Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.
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