Press release
Global Glutamic Acid Market Analysis 2025-2030: Growth Drivers, Challenges, And Opportunities
Glutamic Acid Market Size
How Big Is the Glutamic Acid Market Size Expected to Be by 2034?
In the past few years, the glutamic acid market has experienced significant growth. The market, which was worth $12.29 billion in 2024, is predicted to increase to $13.42 billion in 2025, marking a compound annual growth rate (CAGR) of 9.2%. Factors such as the food and beverage industry, pharmaceutical and healthcare sectors, industrial applications, population growth, and the rise in consumption of processed food have contributed to the growth in the historic period.
Expectations are high for the glutamic acid market, with its size predicted to experience accelerated growth over the coming years. It is projected to reach $19.96 billion by 2029, registering a CAGR of 10.4%. Various factors contributing to this growth during the forecast period include a growing pharmaceutical industry, the use of sustainable and biodegradable plastics, a focus on clean-label food products, continuous research and development efforts, as well as the rise of biofuels and green chemistry. During the forecast period, plant-based glutamic acid, health and wellness supplements, innovative fermentation technologies, developing flavor enhancers, and tailored nutrition are expected to be trending.
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What Are the Emerging Segments Within the Glutamic Acid Market?
The glutamic acid market covered in this report is segmented -
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
Subsegments:
1) By Biosynthesis: Fermentation Process, Enzymatic Process
2) By Industrial Synthesis: Chemical Synthesis, Ammonium Hydrolysis Process
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What Long-Term Drivers Are Shaping Glutamic Acid Market Trends?
The surge in the need for the food service sector is projected to fuel the expansion of the glutamic acid market in the future. The food service sector is an economic branch that encompasses the preparation, distribution, and sales of food and drinks to customers outside their households. Glutamic acid, commonly in the monosodium glutamate (MSG) form, is extensively used to elevate flavor in manufactured and ready-to-eat meals, meat and seafood products, and international dishes. As customers search for varied, tasty, and easy-to-prepare food alternatives, the requirement for glutamic acid consistently escalates. It's an economical way to boost flavor, corresponds with consumer tastes, and encourages food advancement and product creation. For example, as highlighted in a July 2023 report released by the United States Department of Agriculture, a federal organization in the US, approximately $2.11 trillion worth of food was globally supplied by the food service and retail divisions in 2021, and $2.39 trillion in 2022, an increase of $0.28 trillion. Moreover, worldwide food service venues provided $1.16 trillion in 2021 and $1.34 trillion in 2022. Therefore, the escalating need for the food service sector will incentivize the growth of the glutamic acid market.
Who Are the Top Competitors in Key Glutamic Acid Market Segments?
Major companies operating in the glutamic acid market include AMINO GmbH, Evonik Industries AG, Fufeng Group, Hefei TNJ Chemical Industry Co Ltd., Kyowa Hakko Bio Co Ltd., Medinex Laboratories Pvt Ltd., Sichuan Tongsheng Amino acid Co Ltd, Wuhan Amino Acid Bio-Chemical Co Ltd., Global Bio-chem Technology Group Company Limited, Ningxia Yipin Biological Technology Co Ltd., Akzo Nobel N.V., Iris Biotech GmbH, Luojiang Chenming Biological Products Co Ltd., Ajinomoto Co Inc., Haihang Industry Co Ltd., Avenit AG, Suzhou Yuanfang Chemical Co Ltd., CJ CheilJedang Corp, Meihua Holdings Group Co Ltd., Ningxia Eppen Biotech Co Ltd., Shandong Linghua Monosodium Glutamate Incorporated Company, COFCO Biochemical, Cargill Incorporated, Ambuja Group, Roquette Frères
What Glutamic Acid Market Trends Are Gaining Traction Across Different Segments?
The increasing trend and popularity of partnerships and strategic collaborations are being witnessed in the glutamic acid market. Prominent companies in the glutamic acid market are establishing collaborations and partnerships in an effort to maintain their market presence. For example, in March 2023, agricultural chemical corporation Corteva Inc., and food corporation Bunge Limited, both based in the US, declared a partnership intending to produce better nutritious soybean meal for industry of animal feed, specifically for poultry, swine, and aqua feed. In this multi-year partnership, Corteva leverages its proficiency in germplasm, gene editing, and trait discovery to develop soybean varieties with higher protein content, optimized amino acids and lower anti-nutritional elements. Bunge is the exclusive processor of the oilseed and the trader for the high-value meal and oil. The aim of this collaboration is to decrease the reliance on synthetic additives in animal feed, reduce expenses, and lower carbon emissions. By the close of the decade, the companies intend to market these new soybean varieties.
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Which Regions Are Becoming Hubs for Glutamic Acid Market Innovation?
North America was the largest region in the glutamic acid market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the glutamic acid market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Glutamic Acid Market?
2. What is the CAGR expected in the Glutamic Acid Market?
3. What Are the Key Innovations Transforming the Glutamic Acid Industry?
4. Which Region Is Leading the Glutamic Acid Market?
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