Glutamic Acid Market: Overview
The alternative name for the glutamic acid is proteinogenic amino acid. It is generally used in several protein compounds. They are found in the cereals, certain type of algae, meat, and soy protein. It is used in the processed food products for improving the flavors. In the nervous system, the glutamates act as a neurotransmitter.
|Historic Years||2016 - 2020|
|Forecast Years||2021 - 2028|
|Segments Covered||By Product Type, By Application, and By End Use|
|Forecast Units||Value (USD Billion), and Volume (Units)|
|Quantitative Units||Revenue in USD million/billion and CAGR from 2021 to 2028|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World|
|Countries Covered||U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others|
|Number of Companies Covered||10 companies with scope for including additional 15 companies upon request|
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.|
|Customization Scope||Avail customized purchase options to meet your exact research needs.|
Glutamic Acid Market: Facts
A study made by the researchers have found that the patients with autoimmune cerebellar ataxia respond better to the treatments and have good outcomes if they are seropositive to glutamic acid decarboxylase 65 antibodies or neural plasma membrane protein and have a nonparaneoplastic form of the condition.
Glutamic Acid Market: Segmentation
The global market for the glutamic acid is fragmented into its application and geography. On the basis of the application, the global glutamic acid market is segregated into pharmaceutical, food additives, and animal & pet food. In the regional outlook, the market for the glutamic acid is diversified into North America, Asia Pacific, Western Europe, Eastern Europe, Latin America, and the Middle East and Africa.
Glutamic Acid Market: Growth Factors
In the coming years, the glutamic acid market will grow rapidly. The glutamic acid is used for making improvements in the personality disorder and is also used for treating the behavioral disorders in the children. There is an increased demand for the glutamic acid as it is widely used for the treatment of mental retardation, epilepsy, muscular dystrophy, ulcers, and hypoglycemic coma. Another factor that is boosting the growth of the market is the increasing inclination towards the food products that are obtained naturally coupled with the increasing health concerns. In the dairy products, the glutamic acids are used for increasing the shelf life and the flavor. The factor that will limit the growth of the market is the excessive intake of the product leads to fatigue and headaches.
Glutamic Acid Market: Regional Analysis
The market that will be leading the glutamic acid market is the North America and it will continue to retain its position in the coming years. The factor that is contributing to the growth of the market is the developing processed food industry in the countries such as Mexico and the U.S. In the future years, the market will experience a rapid growth in the Asia Pacific region owing to the growing demand for the processed food products especially in the developing regions such as China and India. Owing to the increasing health concerns and the implementation of the government regulations regarding the food additives and the public health impact the growth of the market in European regions.
Glutamic Acid Market: Competitive Players
The key market players that are involved in the glutamic acid market include EPPEN Bioengineering Stock Co., Ltd., Kyowa Hakko Bio Co., Ltd., Bachem AG, Iris Biotech GmbH., Ajinomoto Co., Inc., Evonik Industries AG, Global Bio-Chem Technology Group Company, Ningxia, Sichuan Tongsheng Amino Acid Co., Ltd., Suzhou Yuanfang Chemical Co. Ltd., and Akzo Nobel N.V.
Glutamic Acid Market: Regional Segment Analysis
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