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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 human body. Glutamate acts as a neurotransmitter in the nervous system. Glutamic acid is primarily used as flavor enhancer in the processed food industry. Sodium salt of glutamic acid, known as monosodium glutamate (MSG), is extensively used as food additive in the food industry. Glutamic acid is used in animal feeds for the growth of poultry. Furthermore, glutamic acid is used in milk products to enhance taste. In pharmaceutical industry glutamic acid is used for metabolic disorder and also used as neural drugs for nerve stimulant. The global glutamic acid market is anticipated to expand significantly in the near future owing to rising application of processed food coupled with growth in the animal feed industry. The animal feed industry is likely to experience significant growth owing to rising meat consumption, increase in population, high disposable income, and growing demand for superior quality of meat food. Increase in consumption of meat products would fuel the growth of the glutamic acid market. Processed foods and ready-to-eat foods are estimated to boost market growth during the forecast period. Glutamic acid is used for food additives and also for flavor enhancement in both processed as well as ready-to-eat foods. Increasing trend among consumers to opt for healthy and nutritional food is projected to fuel the demand for glutamic acid in the near future. Additionally, preference of natural food additives over synthetic food additives to eliminate health concerns would positively impact the demand for glutamic acid. Increase in consumption of dairy products is anticipated to boost the demand for glutamic acid.

Asia Pacific is projected to be the fastest growing market for glutamic acid in the next nine years. This can primarily be ascribed to rising demand for processed food in developing countries such as China and India. Increasing population coupled with rising purchasing power parity and growing demand for natural food additives is also likely to drive the glutamic acid market during the forecast period. However, North America, an established market, would be market leader due to the sustained growth of the processed food industry in the region. Europe is anticipated to play a vital role in the glutamic acid market due to strict government regulations, which support the market for natural food additives. Furthermore, consumption of processed and packaged food in North America and Europe is estimated to drive the demand for glutamic acid. The outlook for the glutamic acid market appears positive in other regions such as Latin America andthe Middle East, and Africa (MEA) due to its wide range of applications in food, poultry, and pharmaceutical industries.

Some of the major companies operating in the global glutamic acid market include Bachem AG, Sichuan Tongsheng Amino acid Co., Ltd, Ajinomoto Co., Inc., Suzhou Yuanfang Chemical Co. Ltd., Iris Biotech GmbH, Global Bio-chem Technology Group Company Limited, Akzo Nobel N.V., Kyowa Hakko Bio Co., Ltd., Evonik Industries AG, and Ningxia EPPEN Bioengineering Stock Co., Ltd. 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Glutamic Acid Market

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