Press release
Glutamic Acid Market Size, Share And Growth Analysis 2024 To 2033
Glutamic Acid Market
The Business Research Company presents an extensive market research report on the "Glutamic Acid Global Market Report 2024," furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the Glutamic Acid industry. This report on Glutamic Acid market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The glutamic acid market size has grown strongly in recent years. It will grow from $11.29 billion in 2023 to $12.37 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to food and beverage industry, pharmaceutical and healthcare sector, industrial applications, population growth, increased consumption of processed food.The glutamic acid market size is expected to see strong growth in the next few years. It will grow to $17.88 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%.
Request for Free Sample Of Glutamic Acid Market Report -
https://www.thebusinessresearchcompany.com/sample_request?id=6591&type=smp
Key Market Players:
AMINO GmbH, Evonik Industries AG, Fufeng Group, Hefei TNJ Chemical Industry Co Ltd., Kyowa Hakko Bio Co Ltd.
Market Drivers:
According to the Glutamic Acid Market Report 2024 by The Business Research Company, The rising demand for the food service industry is expected to propel the growth of the glutamic acid market going forward. The food service industry refers to a sector of the economy that involves preparing, distributing and selling food and beverages to consumers outside their homes. Glutamic acid, often in the form of monosodium glutamate (MSG), is widely used to improve taste in processed and convenience foods, meat and seafood products, and international cuisines. As consumers seek diverse, flavorful, and convenient food options, the demand for glutamic acid continues to rise. It's a cost-effective means of enhancing flavor, aligns with consumer preferences, and supports food innovation and product development.
More information about the Global Glutamic Acid Market Report -
https://www.thebusinessresearchcompany.com/report/glutamic-acid-global-market-report
Market segments for Glutamic Acid include:
1) By Product: Biosynthesis, Industrial Synthesis
2) By Source: Plant-Based, Animal Based
3) By Application: Pharmaceutical, Food Additives, Animal and Pet Food, Other Applications
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
Check Out The Glutamic Acid Market Report's Discount Options Here -
https://www.thebusinessresearchcompany.com/Discount?id=6591&type=discount
Browse More Reports:
Isothermal Nucleic Acid Amplification Technology (INAAT) Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/isothermal-nucleic-acid-amplification-technology-global-market-report
Ethyl Alcohol Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/ethyl-alcohol-global-market-report
Disinfectants Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/disinfectants-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Glutamic Acid Market Size, Share And Growth Analysis 2024 To 2033 here
News-ID: 3348726 • Views: …
More Releases from The Business research company
Emerging Innovations Set to Redefine the Sewer Rehabilitation Services Market La …
How Large Is the Sewer Rehabilitation Services Market Anticipated to Become by 2025?
The global market for sewer rehabilitation services has experienced robust expansion lately, projected to increase from a valuation of $42.38 billion in 2024 to $45.14 billion in the subsequent year, reflecting a compound annual growth rate (CAGR) of 6.5%. This historical upward trajectory is primarily fueled by several key factors: escalating levels of urbanization, the ever-aging condition of…
2025-2034 Sea Based C4ISR Market Outlook: Emerging Drivers, Growth Barriers, and …
What Market Size Will the Sea Based C4ISR Sector Reach by 2025?
The maritime C4ISR market experienced substantial expansion lately, projected to climb from a value of $3.0 billion in 2024 to $3.17 billion the following year, reflecting a compound annual growth rate of 5.7%. This upward trend observed over the historical period stems from several factors, including the intensification of naval modernization initiatives, escalating maritime security perils, augmentation in defense…
The Impact of Rapid Urbanization on the Ripening Culture Market: A Key Force Sha …
What Is the Forecasted Size of the Ripening Culture Market by 2025?
The market for ripening cultures has experienced substantial expansion lately, projected to increase from a valuation of $1.46 billion in 2024 to $1.57 billion a year later, demonstrating a consistent yearly growth rate (CAGR) of 7.7%. This upward trajectory during the past period stems from several key factors, including heightened demand for fermented dairy items, greater recognition of the…
Strong Demand Anticipated to Drive Recirculating Chillers Market Toward $2.76 Bi …
How Much Expansion Is Expected in the Recirculating Chillers Market by 2025?
The market encompassing recirculating chillers has seen swift expansion lately, projected to escalate from a value of $1.65 billion in 2024 to $1.83 billion by the ensuing year, reflecting an impressive compound annual growth rate (CAGR) of 11.2%. This upward trajectory during the historical timeframe stems from several factors, including the proliferation of automated systems in industrial procedures, escalating…
More Releases for Glutamic
Growing Trend Of Collaborations And Partnerships In The Glutamic Acid Market Tre …
How Are the key drivers contributing to the expansion of the glutamic acid market?
A surge in the demand for the food service industry is anticipated to stimulate the expansion of the glutamic acid market in the future. The food service industry is the economic segment involved in the preparation, distribution, and sale of food and beverages to consumers beyond their homes. Glutamic acid, primarily as monosodium glutamate (MSG), is widely…
Glutamic Acid Market Expecting Huge Demand in Upcoming Years
The latest study released on the Global Glutamic Acid Market by USD Analytics Market evaluates market size, trend, and forecast to 2032. The Glutamic Acid market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key Players…
Glutamic Acid Market To Reach $19,444 Million by 2030
The glutamic acid market was $ 10,496 million, and will advance at a growth rate of 7% in the coming years to reach about $19,444 million by 2030.
Glutamic acid is used for protein production. The increasing consumption of this kind of acid in the food and beverage sector as a food preservative and enhancer, together with the rising necessity for animal feed because of the augmented consumption of poultry products…
Rising Popularity of Convenience Food Boosts Glutamic Acid Demand
The glutamic acid industry contributes $10,496.0 million in 2021, and it is projected to generate $19,443.5 million in 2030, advancing at a rate of 7.1% from 2021 to 2030. Glutamic acid is an amino acid utilized for the production of proteins.
The glutamic acid is widely used in the food and beverage industry as an enhancer or additive. Besides this, it is also used in the animal feed, due to…
L-Glutamic Acid Market Size, Share, Development by 2024
Global Info Research offers a latest published report on L-Glutamic Acid Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global L-Glutamic Acid players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the L-Glutamic Acid with respect to individual growth…
Glutamic Acid Market : Competitive Dynamics & Global Outlook 2023
Occurrence of glutamic acid is quite common in almost every protein compound. It is found abundantly in cereals, meats, certain algae, and soy protein. Glutamic acid is also known as proteinogenic amino acid and its salts are known as glutamates. These are primarily used in food for enhancement of flavor. Glutamate is a non-essential amino acid, which is crucial for proper functioning of cells and for disposing excess nitrogen from…
