Chemical and Material

Glutamic Acid Market Size Analysis 2022 To 2030

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.

Glutamic Acid Market Size 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 CoverageDetails
Market Size in 2022USD 12.43 Billion
Market Size by 2030USD 22.5 Billion
Growth Rate from 2022 to 2030CAGR of 7.7%
Largest MarketAsia Pacific
Fastest Growing MarketNorth America
Base Year2021
Forecast Period2022 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.

Also Read: Microgrid Market Size Analysis 2022 To 2030

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.
  • 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.


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        List of Suppliers        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        Market Revenue and Forecast (2016-2027)

8.1.2.    Pharmaceuticals        Market Revenue and Forecast (2016-2027)

8.1.3.    Animal Feed        Market Revenue and Forecast (2016-2027)

8.1.4.    Others        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        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        Market Revenue and Forecast, by Application (2016-2027)

9.2.3.    France        Market Revenue and Forecast, by Application (2016-2027)

9.2.4.    Rest of Europe        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        Market Revenue and Forecast, by Application (2016-2027)

9.3.3.    China        Market Revenue and Forecast, by Application (2016-2027)

9.3.4.    Japan        Market Revenue and Forecast, by Application (2016-2027)

9.3.5.    Rest of APAC        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        Market Revenue and Forecast, by Application (2016-2027)

9.4.3.    North Africa        Market Revenue and Forecast, by Application (2016-2027)

9.4.4.    South Africa        Market Revenue and Forecast, by Application (2016-2027)

9.4.5.    Rest of MEA        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        Market Revenue and Forecast, by Application (2016-2027)

9.5.3.    Rest of LATAM        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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