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  • Published On : Jan 2023
  • Code : CMI5488
  • Industry : Green Chemicals
  • Pages : 120
  • Formats :

Glutamic acid is referred to as non-essential amino acid commonly found in all kinds of protein compounds. The primary resources for glutamic acid are beets, parsley, cabbage, wheat, spinach, wheatgrass, cereals, and others. It is also found in poultry and aquatic food products. Glutamic acid is used as a food enhancer to improve the flavors of food products. Also, beans and legumes are highly rich in proteins and contain ample amount of glutamic acids. It plays a vital role in the body's metabolism and further acts as a neurotransmitter that maintain brain function. In addition, it has a wide range of health benefits of glutamic acid across the pharmaceutical end-use industry.

Global glutamic acid market is expected to surpass US$ 17,368.5 Mn by the end of 2030 and exhibit a CAGR of 5.8% during the forecast period (2022 to 2030).

Drivers

Rising awareness about nutritious food

Consumer awareness regarding healthy food is driving the global glutamic acid industry growth. Glutamic acid is used as a food enhancer and it has several health benefits. Also, the general population prefer wholesome foods across the globe which further boosted the demand for glutamic acid. For instance, the sodium salt of glutamic acid named MSG is widely added to soups, canned vegetables, carbohydrate-based snacks, salad dressings, instant noodles, dairy goods, and others. Moreover, the rising consumption of energy drinks and processed and packaged food are the major factors to accelerate the global glutamic acid market growth.

Growing preference for ready-to-drink beverages

The increasing consumption of ready-to-drink beverages & packaged foods among developing economies such as China and India is likely to boost demand for glutamic acid. Moreover, growing preference for healthy eating habits and modifying lifestyle trends among consumers are driving the demand for glutamic acid. In addition, the demand for food products such as bakery goods, carbonated beverages, sweets, and others among the customers is projected to propel the market growth.

Market Restraints

Side effects associated with the excessive consumption of glutamic acid

The excessive consumption of glutamic acid negatively impacts normal health. This may cause swelling of the nose, irritation to the skin, headache, and nausea. Moreover, a high intake of glutamic acid causes allergic reactions, swelling of the throat, burning of the skin, and other health issues. These factors adversely affect the market for glutamic acid. However, the limited consumption of glutamic acid which is  preferred by the physician in supplement foods is likely to overcome the issues regarding negative side effects of glutamic acid.

Market Trends

Soaring demand for glutamic acid in the animal feed industry

The increasing consumption of poultry and aquatic products such as gees, pork, fish, chicken, beef, shrimp, turkeys, and others is projected to bolster the global glutamic acid market growth throughout the forecast timeline.

Figure 1. Global Glutamic Acid Market Revenue Share (%), By Region, 2021

Glutamic Acid  | Coherent Market Insights

Asia Pacific held the highest revenue share in 2021 and expected to witness substantial CAGR throughout the review period. The growing end-use industries such as food & beverages, animal feed, cosmetics, pharmaceuticals, personal care, among others are likely to propel the regional market growth. In the Asia Pacific region, China is a major leading animal feed producer due to its high population. Thailand and Vietnam are the main consumer industries for animal feed, owing to growing set-ups regarding cow farming.

On the other hand, North America accounted for the second-largest market share. Soaring demand for highly beneficial glutamic acid-based drug is projected to accelerate the growth of the glutamic acid market. Thes acids are widely used in pharmaceutical industry due to its health benefits. Glutamic acid is used to support prostate health, enhance athletic performance, boost the immune system, and for various benefits in digestive health. Thus, these are the main factors that result in the growing demand for glutamic acid throughout the region.

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Glutamic Acid Market Report Coverage

Report Coverage Details
Base Year: 2021 Market Size in 2021: US$ 10,430.2 Mn
Historical Data for: 2017-2020 Forecast Period: 2022 to 2030
Forecast Period 2022 to 2030 CAGR: 5.8% 2030 Value Projection: US$ 17,368.5 Mn
Geographies covered:
  • Regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa
Segments covered:
  • By Application: Food & Beverages, Cosmetics & Personal Care, Pharmaceuticals, Animal Feed, and Others
Companies covered:

IRIS BIOTECH GMBH, Ajinomoto Co., Inc., Akzo Nobel N.V., Evonik Industries AG, KYOWA HAKKO BIO CO., LTD., Sichuan Tongsheng Amino acid Co., Ltd, Ningxia Eppen Biotech Co., Ltd, Global Bio-chem Technology Group Company Limited., Otto Chemie Pvt. Ltd., and Hefei TNJ Chemical Industry Co., Ltd.

Growth Drivers:
  • Expanding the use of glutamic acid across the animal feed industry 
  • Increasing awareness about nutritious food products
Restraints & Challenges:
  • Side effects associated with the excessive consumption of glutamic acid

Figure 2. Global Glutamic Acid Market Revenue Share (%), By Application, 2021

Glutamic Acid  | Coherent Market Insights

By application, the global glutamic market is categorized into food & beverages, cosmetics & personal care, pharmaceuticals, animal feed, and others. Among the application, the food & beverages industry is accounted for the largest market share in 2021. Glutamic acid is used for enhancing the taste of food. This acid is a frequent component of processed meat, carbohydrate-based snacks, canned vegetables, and dairy products such as bread, ice cream, cheese, and others. Furthermore, glutamic acid is used for building protein blocks in the human body. Also, the rising preference for ready-to-eat food products is one of the key factors driving the segment growth.

Pharmaceuticals is projected to grow at a substantial CAGR over the assessment period. Glutamic acid serves as an anticancer and neurotransmitter drug used to cure cancer and mental health issues. This acid is also used for the treatment of epilepsy, muscular dystrophy, and nerve cell damage, among others throughout chemotherapy. Some government policies regarding production of glutamic acid is introduced across the pahrmacuetical sector which further likely to drive the global glutamic acid growth over the forecast period. On the other hand, the cosmetics & personal care segment is expected to show a significant CAGR throughout the following years. Glutamic acid is used in different kinds of personal & skin care products such as hair care products, anti-aging creams, acne lotions, bath products, eye cosmetics, and others.

Global Glutamic Acid Market - Impact of Coronavirus (Covid-19) Pandemic

The COVID-19 outbreak has had a significant impact on the global market for glutamic acid. The pandemic is expected to disrupt regular economic activity and daily life worldwide in 2020. During COVID-19, there was interruption in the supply chain of raw materials throughout the globe. In addition, food & beverages industry has been impacted badly throughout the COVID-19 due to strict lockdown which further affected on demand for global glutamic acid market.  

Key Players

Key players operating in the global glutamic acid market include IRIS BIOTECH GMBH, Ajinomoto Co., Inc., Akzo Nobel N.V., Evonik Industries AG, KYOWA HAKKO BIO CO.,LTD., Sichuan Tongsheng Amino acid Co., Ltd, Ningxia Eppen Biotech Co., Ltd, Global Bio-chem Technology Group Company Limited., Otto Chemie Pvt. Ltd., and Hefei TNJ Chemical Industry Co., Ltd.

Glutamic acid is mainly used in a wide range of dietary supplements. It is an amino acid also named proteinogenic amino acid. It is a non-essential amino acid that is used to produce proteins. It also plays a vital role in the CNS (Central Nervous System). It acts as an excitatory neurotransmitter that maintains normal brain function. Moreover, glutamic acid is used for the regulation of sodium, calcium, and magnesium ions in the nerve cells. Glutamic acid is majorly found in soya protein, meats, cereals, and certain algae. Glutamic acid is produced in the human body and plays an important role in metabolism activities.

Market Dynamics

Rising demand for glutamic acid across the food & beverages industry

The use of glutamic acid in various applications such as food & beverages, animal feed, among others is likely to propel the global glutamic acid market growth. Glutamic acid is also used as a food enhancer and food additive across the packaged food industry. Thus, the booming demand for packaged food is one of the key factors driving the global glutamic acid industry. Also, consumer preference is shifting toward the consumption of natural food products which is expected to wintness significant demand for glutamic acid. These acids are also used in dairy products to boost the taste and shelf life. Thus, rising awareness among consumers about health concerns is projected to bolster glutamic acid in the food & beverages industry.

Growing initiatives taken by the glutamic acid market players

Glutamic acid is used for the treatment of childhood behavioral & personality problems, and hypoglycemia in diabetic patients. In addition, it helps to maintain nails, hair, and skin health. Furthermore, it is used to treat muscular dystrophy, epilepsy, mental retardation, and intellectual disorders. These acids are also used to detoxify ammonia from the human body and further support the immune system. Owing to these number of health benefits of glutamic acid, the market players expand their production plants and make investments in R & D developments. These are the major factors mainly ascribed to create ample opportunity throughout the glutamic acid industry players over the forecast timeline.

The negative impact on health is hampering the market growth

The excessive consumption of glutamic acid badly impacted human health. It causes muscle pain, headache, abdominal pain, and nausea. In addition, glutamic acid has some side effects such as swelling of throat, skin burning, tiredness, memory problems, allergic reaction, chest pain, and others. These are the major factors are restraining the glutamic acid industry.

Key features of the study:

  • This report provides an in-depth analysis of the global glutamic acid market, market size (US$ Million & Tons), and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global glutamic acid market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include IRIS BIOTECH GMBH, Ajinomoto Co., Inc., Akzo Nobel N.V., Evonik Industries AG, KYOWA HAKKO BIO CO., LTD., Sichuan Tongsheng Amino acid Co., Ltd, Ningxia Eppen Biotech Co., Ltd, Global Bio-chem Technology Group Company Limited., Otto Chemie Pvt. Ltd., and Hefei TNJ Chemical Industry Co., Ltd.
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgrade, market expansion, and marketing tactics
  • The global glutamic acid market report caters to various stakeholders in this industry including investors, suppliers, caffeine manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global glutamic acid market

Detailed Segmentation:

  • Global Glutamic Acid Market, By Application:
    • Food & Beverages
    • Cosmetics & Personal Care
    • Pharmaceuticals
    • Animal Feed
    • Others
  • Global Glutamic Acid Market, By Region:
    • North America
      • By Country:
        • U.S.
        • Canada
    • Latin America
      • By Country:
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Europe
      • By Country:
        • U.K.
        • Italy
        • France
        • Germany
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Country:
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • Rest of Asia Pacific
    • Middle East & Africa
      • By Sub-region:
        • Middle East
        • Africa
  • Company Profiles
    • IRIS BIOTECH GMBH
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Ajinomoto Co., Inc.
    • Akzo Nobel N.V.
    • Evonik Industries AG
    • KYOWA HAKKO BIO CO.,LTD.
    • Sichuan Tongsheng Amino acid Co., Ltd
    • Ningxia Eppen Biotech Co., Ltd
    • Global Bio-chem Technology Group Company Limited.
    • Otto Chemie Pvt. Ltd.
    • Hefei TNJ Chemical Industry Co., Ltd.

*” marked represents similar segmentation in other categories in the respective section.

Frequently Asked Questions

Global glutamic acid market is expected to surpass US$ US$ 17,368.55 Mn by 2030 and exhibit a CAGR of 5.8% between 2022 and 2030.
Soaring demand for glutamic acid throughout the food & beverages industry is driving the market.
Increasing demand for glutamic acid across the animal feed end-use industry.
The excessive consumption of glutamic acid can badly impact human health and is likely to hamper the market.
Major players operating in the market include IRIS BIOTECH GMBH, Ajinomoto Co., Inc., Akzo Nobel N.V., Evonik Industries AG, KYOWA HAKKO BIO CO.,LTD., Sichuan Tongsheng Amino acid Co., Ltd, Ningxia Eppen Biotech Co., Ltd, Global Bio-chem Technology Group Company Limited., Otto Chemie Pvt. Ltd., and Hefei TNJ Chemical Industry Co., Ltd.
The market is estimated to be valued at US$ 10,430.2 Mn in terms of revenue in 2021.

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