Glutamic Acid Market Analysis North America, APAC, Europe, South America, Middle East and Africa - US, China, Japan, Germany, UK - Size and Forecast 2024-2028

Published: Oct 2023 Pages: 163 SKU: IRTNTR74582

Glutamic Acid Market Size 2024-2028 

The glutamic acid market size is forecast to increase by USD 5.08 billion at a CAGR of 7.99% between 2023 and 2028. The market is witnessing growth due to several factors, including an increasing demand for use in sports supplements, a rising health consciousness among people, and the expanding application of glutamic acids in skincare products. These factors are driving changes in consumer behavior and preferences, leading to a greater demand for products and services that promote health and well-being. The increasing demand for use in sports supplements reflects a growing interest in fitness and athletic performance enhancement. Similarly, the rising health consciousness among people is driving the demand for products that offer health benefits. Additionally, the expanding application of glutamic acids in skincare products highlights their versatility and effectiveness in addressing various skin concerns.

What will be the Size of the Market During the Forecast Period?

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Market Segmentation

This market report extensively covers market segmentation by Source (plant-based and animal-based), End-user (food and beverages, pharmaceuticals, and others), and Geography (North America, APAC, Europe, South America, and Middle East and Africa).

By Source

The plant-based segment is estimated to witness significant growth during the forecast period. The global market, a crucial amino acid, experiences significant growth due to its sourcing from various plant-based ingredients such as Beets, Parsley, Cabbage, Wheat, Spinach, Wheatgrass, and Cereals. In the animal domain, it is derived from Poultry, Aquatic food products, Beans, Legumes, and Sugarcane molasses. 

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The plant-based segment was the largest segment and was valued at USD 7.16 billion in 2018The food and beverages industry utilizes this extensively in Soups, Canned vegetables, Instant noodles, Dairy goods, Energy drinks, Ready-to-drink beverages, Packaged foods, Bakery goods, Carbonated beverages, Sweets, and various savory dishes like Gees. Additionally, it is employed in the production of Animal feed, Cosmetics, Pharmaceuticals, and Personal care products. This is also derived from microbial fermentation using Coryneform bacteria and Blood plasma. Food sources include Pork, Fish, Chicken, Beef, Shrimp, Turkeys, and other meat products.

By End-user

The market is projected to experience substantial growth in the Food & Beverage sector due to the rising preference for protein-rich foods. The Market is projected to experience substantial growth in the Food & Beverage sector due to the rising preference for protein-rich foods. Proteins, a primary component of muscle, are essential for muscle movement and performance enhancement. This is a crucial amino acid that cannot be injected but must be obtained through diet. Protein sources include eggs, soy protein, meats, and geese. They function as a neurotransmitter, metabolism regulator, flavor enhancer, and detoxifying agent. It plays a vital role in plant growth and is used in the production of various food items, including packaged foods. Additionally, it aids in the production of other essential amino acids like L-tryptophan, L-threonine, and L-lysine. The market's growth is driven by the increasing demand for nutrient-rich foods due to health awareness. However, high consumption may lead to fatigue, headaches, and contribute to chronic respiratory diseases, cardiovascular diseases, and cancer. Livestock populations are also significant consumers.

By Region

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North America is estimated to contribute 32% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. 

The market in North America is experiencing significant growth due to the rising demand for protein-rich foods and increasing concerns regarding food safety. Parents are increasingly opting for plant-based protein sources, such as soy protein and eggs, for infants due to their nutritional value and the absence of artificial ingredients. This trend is particularly evident in the sales of organic baby food products. The protein-rich foods sector is also benefiting from the growing number of working women. The naturally occurring amino acid is used as a flavor enhancer, nutrient, and detoxifying agent in various industries, including food and beverage and livestock populations. It is also used as a metabolism booster and neurotransmitter in humans. Other amino acids, such as L-tryptophan, L-threonine, and L-lysine, are also used in the industry. 

The use of this extends beyond food applications. It is used in the production of animal feed additives, which is contributing to the market growth. However, concerns regarding the potential health risks associated with high consumption of glutamic acid, such as fatigue, headache, stroke mortality, and chronic respiratory diseases, are limiting its use in some applications. The packaged food industry is a significant consumer as a flavor enhancer and preservative. The use of this in the production of meat and meat products is also increasing due to its ability to improve texture and flavor. 

Market Dynamics and Customer Landscape

The market encompasses a wide range of food industries, including Beets, Parsley, Cabbage, Wheat, Spinach, Wheatgrass, Cereals, Poultry, Aquatic food products, Beans, Legumes, Soups, Canned vegetables, Instant noodles, Dairy goods, Energy drinks, Ready-to-drink beverages, and Packaged foods. Glutamic Acid, an essential Amino Acid, is naturally present in various food sources. However, it is also produced through fermentation using Coryneform bacteria, which is commonly found in Sugarcane molasses, Blood plasma, and Spinal fluid. Protein-rich foods such as Meats, Eggs, Soy protein, and Poultry are significant contributors to the market. The demand is driven by its role in enhancing the taste and umami flavor in various food products. Consumption of these is known to alleviate Fatigue, making it a popular ingredient in functional foods and dietary supplements.

Key Market Driver

The surge in demand for sports supplements propels market expansion. Glutamic acid, an essential amino acid, plays a crucial role in the food and beverages industry, particularly in the production of various foods and beverages. It is naturally found in several foods such as beets, parsley, cabbage, wheat, spinach, wheatgrass, cereals, poultry, aquatic food products, beans, legumes, soups, canned vegetables, instant noodles, dairy goods, energy drinks, ready-to-drink beverages, packaged foods, bakery goods, carbonated beverages, sweets, and gees. Glutamic acid is also used in the production of animal feed, cosmetics, and pharmaceuticals.

The demand is driven by its health benefits, which include faster recovery from fatigue, improved endurance, increased mental focus, and improved performance. These supplements are often taken before exercise to enhance these benefits. This is produced industrially through fermentation using Coryneform bacteria or extracted from blood plasma and spinal fluid. It is also derived from sugarcane molasses and other plant sources. Additionally, this is used as a flavor enhancer, particularly in savory foods, under the name monosodium glutamate (MSG). It is also used in the production of glucose and is a key component in the metabolism of various organisms, including animals and humans. Hence, the rising demand for these supplements will drive the growth of the global market during the forecast period.

Significant Market Trends

Increasing use of glutamic acid as animal feed additives is the primary trend shaping market growthGlutamic acid, a crucial amino acid, is integral to various biological processes in animals and humans. Sourced from natural resources like beets, parsley, cabbage, wheat, spinach, wheatgrass, and cereals, it is also produced through fermentation using Coryneform bacteria or derived from hydrolyzed proteins. In the food and beverages industry, it is extensively used in poultry feed, aquatic food products, beans, legumes, soups, canned vegetables, instant noodles, dairy goods, energy drinks, ready-to-drink beverages, packaged foods, bakery goods, carbonated beverages, sweets, and various other food items.

Additionally, it finds applications in cosmetics, pharmaceuticals, personal care products, and as a flavor enhancer in gees, pork, fish, chicken, beef, shrimp, and Turkey. Glutamic acid aids in energy production, muscle growth, and immune response. It also functions as a neurotransmitter and antioxidant. In animal feed, it enhances digestion, fertility, and overall health. Therefore, these factors will drive the growth of the global market during the forecast period.

Major Market Challenge

The increase in raw material prices is a challenge that affects market growth. The global market is a crucial amino acid, is experiencing significant challenges due to escalating raw material costs. Sources for extraction include beets, parsley, cabbage, wheat, spinach, wheatgrass, and various cereals. In the production of Glutamic Acid for the food and beverages industry, raw materials like essential oils, plant extracts, chemicals, syrups, and vitamins are essential. Raw materials are also required in the production for poultry, aquatic food products, beans, legumes, soups, canned vegetables, instant noodles, dairy goods, energy drinks, ready-to-drink beverages, packaged foods, bakery goods, carbonated beverages, sweets, and various gees.

Raw materials also find application in industries producing animal feed, cosmetics, pharmaceuticals, and personal care products. Raw materials for Glutamic Acid extraction include glucose from Coryneform bacteria, sugarcane molasses, blood plasma, and spinal fluid. The rising costs of raw material extraction, stringent regulations for wastewater treatment, and waste biomaterials are major restraints for the growth of the market. The increasing global population and the subsequent demand for food put immense pressure on the industry to procure raw materials. Hence, these factors will impede the growth of the global market during the forecast period.

Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

  • Kyowa Hakko Bio Co. Ltd.: The company offers glutamic acid such as L-glutamine, which is available in a white crystal or crystalline powder with an odourless and characteristic taste. 

The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

  • Ajinomoto Co. Inc.
  • Amino GmbH
  • Anhui Keynovo Biotech Co. Ltd.
  • Evonik Industries AG
  • Fufeng Group Ltd.
  • Global Bio chem Technology Group Co. Ltd.
  • Hefei TNJ Chemical Industry Co. Ltd.
  • Iris Biotech GmbH
  • Lanxess AG
  • Medinex Group
  • Ningxia Eppen Biotech Co. Ltd.
  • Otto Chemie Pvt. Ltd.
  • Sekisui Medical Co. Ltd.
  • ShanDong look chemical Co. Ltd.
  • Sichuan Tongsheng Amino acid Co. Ltd
  • Suzhou Yuanfang Chemical Co. Ltd.
  • Tocris Bioscience
  • Tokyo Chemical Industry Co. Ltd.
  • Wuhan Amino Acid Bio Chemical Co. Ltd.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD Billion" for the period 2024 to 2028, as well as historical data from 2018 to 2023 for the following segments.

  • Source Outlook 
    • Plant-based
    • Animal-based
  • End-user Outlook 
    • Food and beverages
    • Pharmaceuticals
    • Others
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile 
      • Brazil 
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview

The market is a significant sector in the global food and beverage industry. This essential amino acid is crucial for protein synthesis in humans and animals. The Acid, Amino, and Beans are primary sources of Glutamic Acid. The Cabbage, Carbonated, and Spinach are other natural sources. The market is driven by its extensive use in the Food industry as a flavor enhancer. The Food industry's demand is increasing due to its ability to improve the taste and palatability of various food products. Vegetables, such as Soybeans and Corn, are the primary sources of industrial-grade Glutamic Acid. The market is also driven by its use in the Pharmaceutical industry. This is used in the production of certain drugs, including some antibiotics and amino acid supplements.

Furthermore, the market in the Pharmaceutical industry is expected to grow due to the increasing demand for these drugs. The market is also influenced by the regulatory environment. The use of this as a food additive is regulated by various food safety agencies, including the FDA and the European Food Safety Authority. The regulatory environment can impact the market's growth by influencing consumer perception and demand for Glutamic Acid-containing products. In conclusion, the market is a dynamic and growing sector, driven by its extensive use in the Food and Pharmaceutical industries. The market's growth is influenced by various factors, including the availability of raw materials, regulatory environment, and consumer perception.

Market Scope

Report Coverage

Details

Page number

163

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 7.99%

Market growth 2024-2028

USD 5.08 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

7.17

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 32%

Key countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Ajinomoto Co. Inc., Amino GmbH, Anhui Keynovo Biotech Co. Ltd., Evonik Industries AG, Fufeng Group Ltd., Global Bio chem Technology Group Co. Ltd., Hefei TNJ Chemical Industry Co. Ltd., Iris Biotech GmbH, Kyowa Hakko Bio Co. Ltd., Lanxess AG, Medinex Group, Ningxia Eppen Biotech Co. Ltd., Otto Chemie Pvt. Ltd., Sekisui Medical Co. Ltd., ShanDong look chemical Co. Ltd., Sichuan Tongsheng Amino acid Co. Ltd, Suzhou Yuanfang Chemical Co. Ltd., Tocris Bioscience, Tokyo Chemical Industry Co. Ltd., and Wuhan Amino Acid Bio Chemical Co. Ltd.

Market dynamics

Parent market analysis, market growth and market forecasting, market inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for market forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting of the market between 2024 and 2028
  • Precise estimation of the size of the market size and its contribution to the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Source
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global glutamic acid market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global glutamic acid market 2018 - 2022 ($ million)
    • 4.2 Source Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Source Segment 2018 - 2022 ($ million)
    • 4.3 End-user Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – End-user Segment 2018 - 2022 ($ million)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Source

    • 6.1 Market segments
      • Exhibit 30: Chart on Source - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Source - Market share 2023-2028 (%)
    • 6.2 Comparison by Source
      • Exhibit 32: Chart on Comparison by Source
      • Exhibit 33: Data Table on Comparison by Source
    • 6.3 Plant-based - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Plant-based - Market size and forecast 2023-2028 ($ million)
      • Exhibit 35: Data Table on Plant-based - Market size and forecast 2023-2028 ($ million)
      • Exhibit 36: Chart on Plant-based - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Plant-based - Year-over-year growth 2023-2028 (%)
    • 6.4 Animal-based - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Animal-based - Market size and forecast 2023-2028 ($ million)
      • Exhibit 39: Data Table on Animal-based - Market size and forecast 2023-2028 ($ million)
      • Exhibit 40: Chart on Animal-based - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Animal-based - Year-over-year growth 2023-2028 (%)
    • 6.5 Market opportunity by Source
      • Exhibit 42: Market opportunity by Source ($ million)
      • Exhibit 43: Data Table on Market opportunity by Source ($ million)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 44: Chart on End-user - Market share 2023-2028 (%)
      • Exhibit 45: Data Table on End-user - Market share 2023-2028 (%)
    • 7.2 Comparison by End-user
      • Exhibit 46: Chart on Comparison by End-user
      • Exhibit 47: Data Table on Comparison by End-user
    • 7.3 Food and beverages - Market size and forecast 2023-2028
      • Exhibit 48: Chart on Food and beverages - Market size and forecast 2023-2028 ($ million)
      • Exhibit 49: Data Table on Food and beverages - Market size and forecast 2023-2028 ($ million)
      • Exhibit 50: Chart on Food and beverages - Year-over-year growth 2023-2028 (%)
      • Exhibit 51: Data Table on Food and beverages - Year-over-year growth 2023-2028 (%)
    • 7.4 Pharmaceuticals - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Pharmaceuticals - Market size and forecast 2023-2028 ($ million)
      • Exhibit 53: Data Table on Pharmaceuticals - Market size and forecast 2023-2028 ($ million)
      • Exhibit 54: Chart on Pharmaceuticals - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Pharmaceuticals - Year-over-year growth 2023-2028 (%)
    • 7.5 Others - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Others - Market size and forecast 2023-2028 ($ million)
      • Exhibit 57: Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Exhibit 58: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 7.6 Market opportunity by End-user
      • Exhibit 60: Market opportunity by End-user ($ million)
      • Exhibit 61: Data Table on Market opportunity by End-user ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 64: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2023-2028
      • Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.4 APAC - Market size and forecast 2023-2028
      • Exhibit 71: Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 72: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.5 Europe - Market size and forecast 2023-2028
      • Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Exhibit 91: Chart on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 92: Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 93: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 Japan - Market size and forecast 2023-2028
      • Exhibit 95: Chart on Japan - Market size and forecast 2023-2028 ($ million)
      • Exhibit 96: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Exhibit 97: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.11 Germany - Market size and forecast 2023-2028
      • Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.12 UK - Market size and forecast 2023-2028
      • Exhibit 103: Chart on UK - Market size and forecast 2023-2028 ($ million)
      • Exhibit 104: Data Table on UK - Market size and forecast 2023-2028 ($ million)
      • Exhibit 105: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 107: Market opportunity by geography ($ million)
      • Exhibit 108: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 109: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 12.3 Ajinomoto Co. Inc.
              • Exhibit 115: Ajinomoto Co. Inc. - Overview
              • Exhibit 116: Ajinomoto Co. Inc. - Business segments
              • Exhibit 117: Ajinomoto Co. Inc. - Key offerings
              • Exhibit 118: Ajinomoto Co. Inc. - Segment focus
            • 12.4 Amino GmbH
              • Exhibit 119: Amino GmbH - Overview
              • Exhibit 120: Amino GmbH - Product / Service
              • Exhibit 121: Amino GmbH - Key offerings
            • 12.5 Evonik Industries AG
              • Exhibit 122: Evonik Industries AG - Overview
              • Exhibit 123: Evonik Industries AG - Business segments
              • Exhibit 124: Evonik Industries AG - Key news
              • Exhibit 125: Evonik Industries AG - Key offerings
              • Exhibit 126: Evonik Industries AG - Segment focus
            • 12.6 Fufeng Group Ltd.
              • Exhibit 127: Fufeng Group Ltd. - Overview
              • Exhibit 128: Fufeng Group Ltd. - Business segments
              • Exhibit 129: Fufeng Group Ltd. - Key offerings
              • Exhibit 130: Fufeng Group Ltd. - Segment focus
            • 12.7 Global Bio chem Technology Group Co. Ltd.
              • Exhibit 131: Global Bio chem Technology Group Co. Ltd. - Overview
              • Exhibit 132: Global Bio chem Technology Group Co. Ltd. - Business segments
              • Exhibit 133: Global Bio chem Technology Group Co. Ltd. - Key offerings
              • Exhibit 134: Global Bio chem Technology Group Co. Ltd. - Segment focus
            • 12.8 Hefei TNJ Chemical Industry Co. Ltd.
              • Exhibit 135: Hefei TNJ Chemical Industry Co. Ltd. - Overview
              • Exhibit 136: Hefei TNJ Chemical Industry Co. Ltd. - Product / Service
              • Exhibit 137: Hefei TNJ Chemical Industry Co. Ltd. - Key offerings
            • 12.9 Iris Biotech GmbH
              • Exhibit 138: Iris Biotech GmbH - Overview
              • Exhibit 139: Iris Biotech GmbH - Product / Service
              • Exhibit 140: Iris Biotech GmbH - Key offerings
            • 12.10 Kyowa Hakko Bio Co. Ltd.
              • Exhibit 141: Kyowa Hakko Bio Co. Ltd. - Overview
              • Exhibit 142: Kyowa Hakko Bio Co. Ltd. - Product / Service
              • Exhibit 143: Kyowa Hakko Bio Co. Ltd. - Key offerings
            • 12.11 Lanxess AG
              • Exhibit 144: Lanxess AG - Overview
              • Exhibit 145: Lanxess AG - Business segments
              • Exhibit 146: Lanxess AG - Key offerings
              • Exhibit 147: Lanxess AG - Segment focus
            • 12.12 Medinex Group
              • Exhibit 148: Medinex Group - Overview
              • Exhibit 149: Medinex Group - Product / Service
              • Exhibit 150: Medinex Group - Key offerings
            • 12.13 Ningxia Eppen Biotech Co. Ltd.
              • Exhibit 151: Ningxia Eppen Biotech Co. Ltd. - Overview
              • Exhibit 152: Ningxia Eppen Biotech Co. Ltd. - Product / Service
              • Exhibit 153: Ningxia Eppen Biotech Co. Ltd. - Key offerings
            • 12.14 Otto Chemie Pvt. Ltd.
              • Exhibit 154: Otto Chemie Pvt. Ltd. - Overview
              • Exhibit 155: Otto Chemie Pvt. Ltd. - Product / Service
              • Exhibit 156: Otto Chemie Pvt. Ltd. - Key offerings
            • 12.15 Sekisui Medical Co. Ltd.
              • Exhibit 157: Sekisui Medical Co. Ltd. - Overview
              • Exhibit 158: Sekisui Medical Co. Ltd. - Product / Service
              • Exhibit 159: Sekisui Medical Co. Ltd. - Key offerings
            • 12.16 Sichuan Tongsheng Amino acid Co. Ltd
              • Exhibit 160: Sichuan Tongsheng Amino acid Co. Ltd - Overview
              • Exhibit 161: Sichuan Tongsheng Amino acid Co. Ltd - Product / Service
              • Exhibit 162: Sichuan Tongsheng Amino acid Co. Ltd - Key offerings
            • 12.17 Wuhan Amino Acid Bio Chemical Co. Ltd.
              • Exhibit 163: Wuhan Amino Acid Bio Chemical Co. Ltd. - Overview
              • Exhibit 164: Wuhan Amino Acid Bio Chemical Co. Ltd. - Product / Service
              • Exhibit 165: Wuhan Amino Acid Bio Chemical Co. Ltd. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 166: Inclusions checklist
                • Exhibit 167: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 168: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 169: Research methodology
                • Exhibit 170: Validation techniques employed for market sizing
                • Exhibit 171: Information sources
              • 13.5 List of abbreviations
                • Exhibit 172: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              glutamic acid market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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