According to the new research report published by Precedence Research, titled “Glutamic Acid Market (By Application: Food & Beverages, Pharmaceuticals, Animal Feed, Others) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2022-2030”, the global glutamic acid market size is expected to be worth around US$ 22.5 billion by 2030 and is poised to record a yearly growth rate of 7.7% from 2022 to 2030. The study investigates several elements and their consequences on the growth of the all-wheel drive market.
This report focuses on glutamic acid market volume and value at the global level, regional level and company level. From a global perspective, this report represents the overall glutamic acid market size by analysing historical data and future prospects. Regionally, this report focuses on several key regions: North America, Europe, the Middle East & Africa, Latin America, etc.
The research report includes specific segments by region (country), by company, by all segments. This study provides information about the growth and revenue during the historic and forecasted period of 2017 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
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The study also provides important advancements in organic and inorganic growth strategies in the worldwide glutamic acid market. A lot of corporations are prioritizing new launches, product approvals, and other business expansion techniques. In addition, the report offers profiles of glutamic acid market firms and market strategies. Furthermore, the research focuses on top industry participants, providing information such as company profiles, components and services offered, recent financial data, and key developments.
Scope of the Glutamic Acid Market
| 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 |
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Market Key Players
Company profiles have been included in the report, which include essentials such as product portfolio, key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting market status and predicting the competition level in the glutamic acid market.
Some of the prominent players in the glutamic acid market include:
- 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.
Glutamic Acid Market Segmentations
By Application
- Food & Beverages
- Pharmaceuticals
- Animal Feed
- Others
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa (MEA
Report Objectives
- To define, segment, and project the global market size for glutamic acid market
- To understand the structure of the market by identifying its various sub-segments
- To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
- To analyze the micro-markets, with respect to individual growth trends, future prospects, and their contributions to the total market
- To project the size of the market and its submarkets, in terms of value, with respect to global. (along with their respective key countries)
- To profile key players and comprehensively analyze their core competencies
- To understand the competitive landscape and identify major growth strategies adopted by players across the globe.
- To analyze the competitive developments such as expansions & investments, new product launches, mergers & acquisitions, joint ventures, and agreements
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
Why should you invest in this report?
If you are aiming to enter the global glutamic acid market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for glutamic acid are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
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