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Worldwide Glutamine (Gln) Market Growing by 2021-2026 with top companies: Ajinomoto, Daesang, Meihua, Fufeng

03-25-2021 02:11 PM CET | Energy & Environment

Press release from: Business Industry Reports

Glutamine (Gln)

Glutamine (Gln)

The global Glutamine (Gln) market size is projected to grow in the historic period resulted from economic growth in emerging markets, the rise in awareness of the benefits and developed nations towards Glutamine (Gln) costs and increasing production and growing capacity in Healthcare industry, and healthy growth of pharmaceutical and food & beverage industry in developing countries, are supporting the growth of the Glutamine (Gln) market.

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Glutamine is an α-amino acid that is used in the biosynthesis of proteins. Its side chain is similar to that of glutamic acid, except the carboxylic acid group is replaced by an amide. It is classified as a charge-neutral, polar amino acid. Nonessential amino acids like glutamine (GLN) can supply its amide nitrogen atoms in the biosynthesis of other amino acids, amino sugars, purine, pyrimidine. Glutamine Gln is taken up from the small intestinal lumen mainly via the sodium-amino acid cotransport system Ba

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Pandemic impact on the Global Glutamine (Gln) Market:

1 The Glutamine (Gln) industry experienced decline in sector during the COVID-19 pandemic. This is attributed to the sharp decrease in chemical, pharmaceutical, automotive, and industrial sectors.

2 Manufacturing companies has prolonged closure of all its operations at its workplaces and manufacturing areas, until reopening instructions received from the government authorities.

3 In addition, due to reduction in labours in light of social distancing norms amid the COVID-19 pandemic, the Glutamine (Gln) industry witnessed significant decrease in the production.

4 At the end of 2019, COVID-19 began to erupt in China, Due to the huge decrease of global economy; we forecast the growth rate of global economy will show a decrease of about 4%, due to this reason, Glutamine (Gln) market size in 2020 will be lower than in previous years.

Purchase this report online with 90 Pages, List of Tables & Figures and in-depth Table of Contents on “Global Glutamine (Gln) Market Report 2021” @ https://www.businessindustryreports.com/buy-now/281835/single .

Glutamine (Gln) Market Players:

Ajinomoto
Kyowa Hakko Kirin
Daesang
Meihua
Fufeng

Product Type Segmentation:

Pharmaceutical Grade
Nutraceutical Grade

Industry Segmentation:

Nutraceutical Use
Pharmaceutical Use

Segmentation by Regions:

The research report includes a detailed study of regions of North America, Europe, China and Japan. The report has been given after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, sales, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2021 to 2026.

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Top Industry News:

Ajinomoto Co., Inc. Plans to Sell Its Entire Equity Stake in a Feed-use Amino Acid Company in Europe on 26 February, 2021 -- Ajinomoto Co., Inc. resolved, at a meeting of its Board of Directors held today, that it envisages the sale of its entire equity stake in Ajinomoto Animal Nutrition Europe S.A.S. (“AANE”), which is a feed-use amino acid company wholly owned by Ajinomoto Co. subsidiary Ajinomoto Animal Nutrition Group, Inc. (“AANG”), to METabolic EXplorer S.A. (“METEX”), a company based in France with strengths in research and development in fermentation technologies. AANG entered into exclusive negotiations with METEX to discuss the proposal of sale of the shares of AANE and concluded a put-option agreement (the “Option Agreement”) under which METEX offers to AANG to buy all the shares of AANE for EUR 15 million (approximately JPY 1,890 million). Subject to the prior completion of the consultation procedures with the relevant staff representatives, such proposed transaction could be completed by around April 2021 at the earliest.

”In accordance with labor law in France, the consultation of the relevant staff representatives needs to be completed first. To that end, the consultation of AANE’s Social and Economic Committee on the proposed transaction was launched today and may to take up to three months.”

AANE has been involved in the feed-use amino acid business in Europe since 1974, manufacturing and selling feed-use lysine, feed-use tryptophan and other products. While European markets for meat and feed-use amino acids have been showing steady growth, Ajinomoto Co. has made transformation into a business structure that enables sustainable growth a key strategy of its FY2020-2025 Medium-Term Management Plan. As its roadmap for structural reform, it is planning to reshape its portfolio with a focus on higher efficiency and stronger growth potential by restructuring non-core businesses. Part of this initiative has been AANG’s implementation of an asset-light approach to bases outside Japan in the structural reform of its animal nutrition business for approximately the past 10 years. AANG initiates exclusive negotiations with METEX with the intention of completing its structural reform.

With the aim of becoming a “solution-providing group of companies for food and health issues,” the Ajinomoto Group will contribute to the production of sustainable food resources by conducting a specialty business based on its unique amino acid technologies and materials, and a customized feed solution (CFS) business that provides new value through its products and services, including customized solutions for each customer.

About us

BusinessindustryReports.com is digital database of comprehensive market reports for global industries. As a market research company, we take pride in equipping our clients with insights and data that holds the power to truly make a difference to their business. Our mission is singular and well-defined – we want to help our clients envisage their business environment so that they are able to make informed, strategic and therefore successful decisions for themselves.

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