Market Overview:
The global glutamic acid and monosodium glutamate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for processed foods, rising awareness about the health benefits of glutamate, and growing pharmaceuticals industry. On the basis of type, chemical synthesis glutamic acid and monosodium glutamate are expected to dominate the global glutamic acid and monosodium glutamate market during the forecast period. This is due to their high purity levels as compared to biosynthesis products. However, biosynthesis products are gaining popularity due their environmental friendliness and lower production costs as compared to chemical synthesis products. On the basis of application, food industry is expected to account for a major share of the global glutamic acid and monosodium glutamate market during 2018-2030 owing its large consumer base across all regions studied in this research study.
Product Definition:
Glutamic acid (gloo-tuh-mik as-id) is an amino acid, one of the building blocks of protein. It is found in many high-protein foods, including meats, cheeses, and beans. Glutamic acid also occurs naturally in our bodies. Monosodium glutamate (MSG) is a form of glutamic acid that has been chemically altered to be used as a food additive. MSG is often added to Chinese food, canned soup, and other processed foods to enhance flavor.
Chemical Synthesis Glutamic Acid and Monosodium Glutamate:
Chemical synthesis glutamic acid and monosodium glutamate, it's usage and growth factor in glutamic acid and monosodium glutamate market? Monosodium glutamate (MSG) is a flavor enhancer used in food products such as salad dressings, soups, processed foods such as frozen meals, breads snacks. It is also used for animal feed and the pharmaceutical industry.
Biosynthesis Glutamic Acid and Monosodium Glutamate:
Biosynthesis glutamic acid and monosodium glutamate (MSG) market is expected to witness significant growth over the forecast period. The demand for biosynthesis glutamic acid and monosodium glutamate is driven by increasing consumption of food products such as processed meat, salad dressings, soups, bread & rolls, frozen prepared foods & meals in U.S., UK and other European countries due to changing consumer lifestyle coupled with rising disposable income levels.
Application Insights:
The global glutamic acid and monosodium glutamate market has been segmented into three applications namely food industry, pharmaceuticals, and animal feed. The food application dominated the overall market in terms of revenue as well as volume in 2017. This is attributed to the increasing consumption of MSG in various foods such as canned meat products, soups & sauces, dressings & sauces among others. Moreover, growing demand for flavored foods such as Chinese cuisine among other cuisines is expected to drive product demand over the forecast period.
Global glutamic acid.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to witness the fastest growth over the forecast period. The region’s growth can be attributed to rising product demand from various end-use industries, such as food & beverage, pharmaceuticals, and animal feed. China is one of the largest producers of sodium glutamate globally along with India. Increasing production capacities in these countries will further boost industry expansion over the coming years.
The European market for glutamic acid and monosodium glutamate was valued at USD X million in 2017 owing to high demand from several major sectors including food & beverages, pharmaceuticals, cosmetics & personal care products among others.
In North America also known as Glutamate Association Of America (GAA), represents manufacturers that manufacture both synthetic.
Growth Factors:
- Increasing demand for processed foods: The global population is growing at a rapid pace and so is the demand for processed foods. This will drive the growth of the glutamic acid and monosodium glutamate market as these ingredients are used in food processing to enhance flavor and taste.
- Rising awareness about health benefits of glutamate: There is a growing awareness among consumers about the health benefits of glutamate, which is driving its demand in various applications such as dietary supplements, infant formula, etc.
- Growing popularity of Asian cuisine: The popularity of Asian cuisine is increasing across the globe and this has led to an increase in the use of glutamic acid and monosodium glutamate as flavor enhancers in these cuisines.
- Technological advancements in food processing industry: The food processing industry is witnessing significant advancements due to which new products containing glutamic acid and monosodium glutamate are being launched in the market on a regular basis. This will boost the growth prospects of this market during forecast period 2017-2025 . 5) Rising disposable income levels: With rising disposable income levels, consumers are increasingly spending on premium quality processed foods that contain high levels of glutamic acid and monosodium glutamate for enhanced flavor experience
Scope Of The Report
Report Attributes
Report Details
Report Title
Glutamic Acid and Monosodium Glutamate Market Research Report
By Type
Chemical Synthesis Glutamic Acid and Monosodium Glutamate, Biosynthesis Glutamic Acid and Monosodium Glutamate
By Application
Food Industry, Pharmaceuticals, Animal Feed, Other
By Companies
Ajinomoto, Sunrise Nutrachem Group, Kyowa Hakko Bio, Royal DSM, Prinova U.S. LLC, Global Bio-chem Technology Group Company AnaSpec Inc., Tocris Bioscience Ltd, Tokyo Chemical Industry
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
136
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Glutamic Acid and Monosodium Glutamate Market Report Segments:
The global Glutamic Acid and Monosodium Glutamate market is segmented on the basis of:
Types
Chemical Synthesis Glutamic Acid and Monosodium Glutamate, Biosynthesis Glutamic Acid and Monosodium Glutamate
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food Industry, Pharmaceuticals, Animal Feed, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ajinomoto
- Sunrise Nutrachem Group
- Kyowa Hakko Bio
- Royal DSM
- Prinova U.S. LLC
- Global Bio-chem Technology Group Company AnaSpec Inc.
- Tocris Bioscience Ltd
- Tokyo Chemical Industry
Highlights of The Glutamic Acid and Monosodium Glutamate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Chemical Synthesis Glutamic Acid and Monosodium Glutamate
- Biosynthesis Glutamic Acid and Monosodium Glutamate
- By Application:
- Food Industry
- Pharmaceuticals
- Animal Feed
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Glutamic Acid and Monosodium Glutamate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Glutamic acid and monosodium glutamate are two types of amino acids. Glutamic acid is found in many foods, including meat, cheese, and eggs. Monosodium glutamate is used as a flavor enhancer in food products.
Some of the major companies in the glutamic acid and monosodium glutamate market are Ajinomoto, Sunrise Nutrachem Group, Kyowa Hakko Bio, Royal DSM, Prinova U.S. LLC, Global Bio-chem Technology Group Company AnaSpec Inc., Tocris Bioscience Ltd, Tokyo Chemical Industry.
The glutamic acid and monosodium glutamate market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Glutamic Acid and Monosodium Glutamate Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Glutamic Acid and Monosodium Glutamate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Glutamic Acid and Monosodium Glutamate Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Glutamic Acid and Monosodium Glutamate Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Glutamic Acid and Monosodium Glutamate Market Size & Forecast, 2020-2028
4.5.1 Glutamic Acid and Monosodium Glutamate Market Size and Y-o-Y Growth
4.5.2 Glutamic Acid and Monosodium Glutamate Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Chemical Synthesis Glutamic Acid and Monosodium Glutamate
5.2.2 Biosynthesis Glutamic Acid and Monosodium Glutamate
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food Industry
6.2.2 Pharmaceuticals
6.2.3 Animal Feed
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Glutamic Acid and Monosodium Glutamate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Glutamic Acid and Monosodium Glutamate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Chemical Synthesis Glutamic Acid and Monosodium Glutamate
9.6.2 Biosynthesis Glutamic Acid and Monosodium Glutamate
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food Industry
9.10.2 Pharmaceuticals
9.10.3 Animal Feed
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Chemical Synthesis Glutamic Acid and Monosodium Glutamate
10.6.2 Biosynthesis Glutamic Acid and Monosodium Glutamate
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food Industry
10.10.2 Pharmaceuticals
10.10.3 Animal Feed
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Chemical Synthesis Glutamic Acid and Monosodium Glutamate
11.6.2 Biosynthesis Glutamic Acid and Monosodium Glutamate
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food Industry
11.10.2 Pharmaceuticals
11.10.3 Animal Feed
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Chemical Synthesis Glutamic Acid and Monosodium Glutamate
12.6.2 Biosynthesis Glutamic Acid and Monosodium Glutamate
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food Industry
12.10.2 Pharmaceuticals
12.10.3 Animal Feed
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Chemical Synthesis Glutamic Acid and Monosodium Glutamate
13.6.2 Biosynthesis Glutamic Acid and Monosodium Glutamate
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food Industry
13.10.2 Pharmaceuticals
13.10.3 Animal Feed
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Glutamic Acid and Monosodium Glutamate Market: Competitive Dashboard
14.2 Global Glutamic Acid and Monosodium Glutamate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ajinomoto
14.3.2 Sunrise Nutrachem Group
14.3.3 Kyowa Hakko Bio
14.3.4 Royal DSM
14.3.5 Prinova U.S. LLC
14.3.6 Global Bio-chem Technology Group Company AnaSpec Inc.
14.3.7 Tocris Bioscience Ltd
14.3.8 Tokyo Chemical Industry
