According to the research report, the global glutamicacid market size is expected to touch USD 22.5 Billion by 2030, from USD 11.54Billion in 2021, growing with a significant CAGR of 7.7% from 2022 to 2030.
The glutamic acid market report offers a
comprehensive study of the current state expected at the major drivers, market
strategies, and key vendors’ growth. The report presents energetic visions to
conclude and study the market size, market hopes, and competitive surroundings.
The research also focuses on the important achievements of the market, research
& development, and regional growth of the leading competitors operating in
the market. The current trends of the global glutamic acid market in
conjunction with the geographical landscape of this vertical have also been
included in this report.
The report offers intricate dynamics about
different aspects of the global glutamic acid market, which aids companies operating
in the market in making strategic development decisions. The study also
elaborates on significant changes that are highly anticipated to configure
growth of the global glutamic acid market during the forecast period. It also
includes a key indicator assessment that highlights growth prospects of this
market and estimates statistics related to growth of the market in terms of
value (US$ Mn) and volume (tons).
Sample
Link @ https://www.precedenceresearch.com/sample/2301
| 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 |
This study covers a detailed segmentation
of the global glutamic acid market, along with key information and a
competition outlook. The report mentions company profiles of players that are
currently dominating the global glutamic acid market, wherein various
developments, expansions, and winning strategies practiced and implemented by
leading players have been presented in detail.
Key Players
- 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
- Food & Beverages
- Pharmaceuticals
- Animal Feed
- Others
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa (MEA)
Research Methodology
The research methodology adopted by
analysts for compiling the global glutamic acid market report is based on
detailed primary as well as secondary research. With the help of in-depth
insights of the market-affiliated information that is obtained and legitimated
by market-admissible resources, analysts have offered riveting observations and
authentic forecasts for the global market.
During the primary research phase, analysts
interviewed market stakeholders, investors, brand managers, vice presidents,
and sales and marketing managers. Based on data obtained through interviews of
genuine resources, analysts have emphasized the changing scenario of the global
market.
For secondary research, analysts
scrutinized numerous annual report publications, white papers, market
association publications, and company websites to obtain the necessary
understanding of the global glutamic acid market.
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
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