One of the major factors expected to drive the glutamic acid market over the forecast period is Growing processed food industry owing to its easy availability. Other factors fueling the market growth is shifting preferences of people towards natural food additives because of rising health concerns. Moreover, glutamic acid is used to enhance taste as well as shelf life of dairy products, thus rising consumption of dairy products is further probable to propel market demand. On the other hand, one of the factor restraining market over the forecast spell is extreme intake of glutamic acid can result in headaches plus fatigue problems.
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The global glutamic acid market has been segmented by different application and geography. Further, application segment of the market is sub-divided into food additives, animal & pet food and pharmaceutical. Food additives division of application segment dominates the segment of the glutamic acid market and is anticipated to maintain the same over the forecast period. Furthermore, glutamic acid is expected to record a substantial growth due to rising application in processed food as well as animal feed business. Additionally, animal feed business is likely to witness a noteworthy growth owing to the increasing meat consumption across the globe with augmenting demand for high-quality meat products.
Geographical segmentation of global glutamic acid market segmented into several key regions covering Latin America, North America, Europe, Middle East & Africa (MEA) and Asia-Pacific. Amongst these key region North America is predictable of dominating the glutamic acid market over the forecast period because of the rising processed food industry in the US and Mexico. However, Asia-Pacific is anticipated to grow at a significant growth rate by the end of forecast spell. Besides, the demand for processed food in India and China is likely to impel the growth in this region. Besides, in Europe, the growing health concerns and stringent government regulations about public health as well as feed additives are expected to impact the market significantly.
The Key players operating in glutamic acid market across the globe include Ningxia EPPEN Bioengineering Stock Co. Ltd, Global Bio-chem Technology Group Company Bachem AG, Iris Biotech GmbH, Kyowa Hakko Bio Co. Ltd, Suzhou Yuanfang Chemical Co. Ltd., Sichuan Tongsheng Amino Acid Co. Ltd, Ajinomoto Co. Inc. ltd., Akzo Nobel N.V. & Evonik Industries AG. Besides, in order to ensure product differentiation and expand a considerable glutamic acid market share prominent vendors are implementing several strategies as well as continuously developing innovative products.
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Key segments of the global glutamic acid market include:
Application Segment
Food additives
Animal & pet food
Pharmaceutical
Geographical Segment
Latin America
North America
Europe
Middle East & Africa (MEA)
Asia-Pacific
What to expect from the upcoming report on ‘Global Glutamic Acid Market’:
- Analyzes about future prospects as well as global glutamic acid market trends market over the forecast period (2018-2025)
- Information regarding technological progressions as well as innovations taking place in developing as well as developed economies and also various macro & microeconomic factors that affect the growth of the market.
- Supportive initiatives by government likely to influence the market dynamics.
- Key drivers influencing market’s growth, opportunities, restraints, sales channels and distributors.
- In-depth analysis of different market segmentations including application and geographical regions.
- Deep analysis about the competitive landscape of the market and the initiatives by them to improve this market such as expansions, growth strategies, agreements, new product launches and acquisitions in the market
- Value Chain and Sales Channels Analysis
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Cocoyl Glutamic Acid market is segmented by region (country), players, by Type, and by Application.
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The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2015-2026.Segment by Type, the Cocoyl Glutamic Acid market is segmented into:SolidLiquidPasteDownload FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/58295/global-china-cocoyl-glutamic-acid-2026-490Segment by Application, the Cocoyl Glutamic Acid market is segmented into:IndustryPersonal CareRegional and Country-level Analysis:The Cocoyl Glutamic Acid market is analysed and market size information is provided by regions (countries).The key regions covered in the Cocoyl Glutamic Acid market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.The report includes country-wise and region-wise market size for the period 2015-2026.
It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.Competitive Landscape and Cocoyl Glutamic Acid Market Share AnalysisCocoyl Glutamic Acid market competitive landscape provides details and data information by players.
The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020.
The recent years have seen a constant growth of the global pharmaceutical industry, which is becoming a boon to many associated markets, and the glutamic acid market is leveraging the emerging opportunities offered by various pharmaceutical manufacturing units as the chemical is used as a pharmaceutical intermediate.
Furthermore, the food & beverages (F) industry is a consistent consumer of glutamic acid – a prevalently found amino acid used to induce flavor in food items such as meat, rye, fish, cheese, and eggs.
The growth of the dairy industry is also driving the glutamic acid demand.
These applications of the chemical are increasing the Glutamic Acid Market size, which was evaluated at $7.5 billion as of 2018.The prospects for the Glutamic Acid Market companies are poised to surge because of the increasing demand from the end-user industries, and the upcoming years will be witnessing a gamut of production capacity expansion projects in the market.
For instance, Ajinomoto Co., Inc. is planning to construct a new plant for glutamic-acid based surfactant, Amisoft.
The production capacity will increase by 60% to meet the catapulting global demand from the pharmaceutical and F industries.The report covers Glutamic Acid Market size by diabetes type and function, Glutamic Acid Market share by top 5 companies and also the market share by start-ups during the forecast period.View Full Table of Contents of Glutamic Acid Market:https://www.industryarc.com/Report/16015/glutamic-acid-market.htmlReport Price (Single User): US $3850The demand influx in the glutamic acid market can be further fathomed by the increasing trade in the parent industry worldwide.
