Market Overview:
The global L-glutamic acid market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The food grade segment is expected to account for a major share of the global L-glutamic acid market during the forecast period. The growth of this segment can be attributed to the increasing demand for processed foods and rising awareness about the benefits of using food additives. The pharmaceutical grade segment is projected to grow at a higher CAGR than other segments during the forecast period, owing to its growing use in various applications such as drugs, dietary supplements, and personal care products. Asia Pacific is expected to be one of the fastest-growing regions in terms of revenue growth throughout the forecast period.
Product Definition:
L-Glutamic Acid is an amino acid that is important in the biosynthesis of proteins. It can also be used as a food additive to enhance flavor.
Food Grade:
Food grade is the highest quality available in L-glutamic acid market. It has a wide range of applications such as food & beverage, animal feed, pharmaceuticals and cosmetics industry. Food grade is used for manufacturing various products such as amino acids, vitamins, enzymes and cofactors which are widely used across various industries including food & beverages and chemical industry among others.
Pharmaceutical Grade:
Pharmaceutical grade is the highest quality available in L-glutamic acid market. It is a white crystalline powder and has no odor. It can be easily dissolved in water or alcohol and has a melting point of around 60 °C (140 °F). The product finds application as an excipient for various drugs used to treat diseases such as cancer, arthritis, etc.
Application Insights:
The food application segment led the global market in 2017 and is projected to expand at a revenue-based CAGR of XX% over the forecast period. L-glutamic acid is used as a food additive for manufacturing foods, such as salad dressings, soups, meat products, bread and rolls, cheese products among others.
Regional Analysis:
Asia Pacific was the largest market for global L-glutamic acid market and accounted for 39.8% of the total revenue in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand from pharmaceutical, food and feed industries coupled with rising disposable income of consumers in emerging economies including China, India, Thailand, Malaysia and Indonesia.
China is one of the major producers as well as consumers of L-glutamic acid globally due to presence of a large number of manufacturers in this country along with high consumption levels by domestic pharmaceutical industry for manufacturing drugs including antibiotics, anti-cancer drugs etc. Presence or development programs by key players such as Cargill Inc., Roquette (Implementation partner: Sinopec), Shanghai Zhenhua Chemical Corp Ltd., Fosun Pharma Co Ltd., Shandong Tianzhan Pharmaceutical Co Ltd are also driving regional growth positively over past few years.
Growth Factors:
- Increasing demand for L-glutamic acid in food and beverage industry as a flavor enhancer.
- Rising demand from pharmaceutical and nutraceutical industries for use in dietary supplements and medicines.
- Growing popularity of Japanese cuisine which uses glutamate as a flavor enhancer, is driving the growth of the global L-glutamic acid market.
- Increasing application of L-glutamic acid in animal feed to improve livestock health and productivity is also propelling the market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
L-Glutamic Acid Market Research Report
By Type
Food Grade, Pharmaceutical Grade, Industrial Grade
By Application
Food, Medicine, Feed, Others
By Companies
Ajinomoto, Kyowa Hakko Bio Co, Evonik, Hebei Huayang Biological Technology Co, Global Bio-chem Technology Group Company Limited, Acerblend Ingredients Co., Ltd, Emeishan City Dragon Biological Technology Co, Suzhou Organic Bio-Tech Co.,Ltd
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global L-Glutamic Acid Market Report Segments:
The global L-Glutamic Acid market is segmented on the basis of:
Types
Food Grade, Pharmaceutical Grade, Industrial Grade
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, Medicine, Feed, Others
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
- Kyowa Hakko Bio Co
- Evonik
- Hebei Huayang Biological Technology Co
- Global Bio-chem Technology Group Company Limited
- Acerblend Ingredients Co., Ltd
- Emeishan City Dragon Biological Technology Co
- Suzhou Organic Bio-Tech Co.,Ltd
Highlights of The L-Glutamic Acid 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:
- Food Grade
- Pharmaceutical Grade
- Industrial Grade
- By Application:
- Food
- Medicine
- Feed
- Others
- 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 L-Glutamic Acid 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
L-Glutamic acid is an amino acid that is found in many foods. It helps the body to create proteins and other molecules.
Some of the key players operating in the l-glutamic acid market are Ajinomoto, Kyowa Hakko Bio Co, Evonik, Hebei Huayang Biological Technology Co, Global Bio-chem Technology Group Company Limited, Acerblend Ingredients Co., Ltd, Emeishan City Dragon Biological Technology Co, Suzhou Organic Bio-Tech Co.,Ltd.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. L-Glutamic Acid Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. L-Glutamic Acid Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. L-Glutamic Acid Market - Supply Chain
4.5. Global L-Glutamic Acid Market Forecast
4.5.1. L-Glutamic Acid Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. L-Glutamic Acid Market Size (000 Units) and Y-o-Y Growth
4.5.3. L-Glutamic Acid Market Absolute $ Opportunity
5. Global L-Glutamic Acid Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. L-Glutamic Acid Market Size and Volume Forecast by Type
5.3.1. Food Grade
5.3.2. Pharmaceutical Grade
5.3.3. Industrial Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global L-Glutamic Acid Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. L-Glutamic Acid Market Size and Volume Forecast by Application
6.3.1. Food
6.3.2. Medicine
6.3.3. Feed
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global L-Glutamic Acid Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. L-Glutamic Acid Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global L-Glutamic Acid Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. L-Glutamic Acid Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global L-Glutamic Acid Demand Share Forecast, 2019-2026
9. North America L-Glutamic Acid Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America L-Glutamic Acid Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America L-Glutamic Acid Market Size and Volume Forecast by Application
9.4.1. Food
9.4.2. Medicine
9.4.3. Feed
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America L-Glutamic Acid Market Size and Volume Forecast by Type
9.7.1. Food Grade
9.7.2. Pharmaceutical Grade
9.7.3. Industrial Grade
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America L-Glutamic Acid Demand Share Forecast, 2019-2026
10. Latin America L-Glutamic Acid Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America L-Glutamic Acid Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America L-Glutamic Acid Market Size and Volume Forecast by Application
10.4.1. Food
10.4.2. Medicine
10.4.3. Feed
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America L-Glutamic Acid Market Size and Volume Forecast by Type
10.7.1. Food Grade
10.7.2. Pharmaceutical Grade
10.7.3. Industrial Grade
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America L-Glutamic Acid Demand Share Forecast, 2019-2026
11. Europe L-Glutamic Acid Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe L-Glutamic Acid Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe L-Glutamic Acid Market Size and Volume Forecast by Application
11.4.1. Food
11.4.2. Medicine
11.4.3. Feed
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe L-Glutamic Acid Market Size and Volume Forecast by Type
11.7.1. Food Grade
11.7.2. Pharmaceutical Grade
11.7.3. Industrial Grade
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Coutry
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe L-Glutamic Acid Demand Share, 2019-2026
12. Asia Pacific L-Glutamic Acid Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific L-Glutamic Acid Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific L-Glutamic Acid Market Size and Volume Forecast by Application
12.4.1. Food
12.4.2. Medicine
12.4.3. Feed
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific L-Glutamic Acid Market Size and Volume Forecast by Type
12.7.1. Food Grade
12.7.2. Pharmaceutical Grade
12.7.3. Industrial Grade
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific L-Glutamic Acid Demand Share, 2019-2026
13. Middle East & Africa L-Glutamic Acid Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa L-Glutamic Acid Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa L-Glutamic Acid Market Size and Volume Forecast by Application
13.4.1. Food
13.4.2. Medicine
13.4.3. Feed
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa L-Glutamic Acid Market Size and Volume Forecast by Type
13.7.1. Food Grade
13.7.2. Pharmaceutical Grade
13.7.3. Industrial Grade
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa L-Glutamic Acid Demand Share, 2019-2026
14. Competition Landscape
14.1. Global L-Glutamic Acid Market: Market Share Analysis
14.2. L-Glutamic Acid Distributors and Customers
14.3. L-Glutamic Acid Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ajinomoto
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Kyowa Hakko Bio Co
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Evonik
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hebei Huayang Biological Technology Co
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Global Bio-chem Technology Group Company Limited
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Acerblend Ingredients Co., Ltd
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Emeishan City Dragon Biological Technology Co
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Suzhou Organic Bio-Tech Co.,Ltd
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
