Global Glutamic Acid Market Overview
The Glutamic Acid Market Size was estimated at 7.19 (USD Billion) in 2022. The Glutamic Acid Industry is expected to grow from 7.62(USD Billion) in 2023 to 12.89 (USD Billion) by 2032. The Glutamic Acid Market CAGR (growth rate) is expected to be around 6.02% during the forecast period (2024 - 2032).
Key Glutamic Acid Market Trends Highlighted
The Glutamic Acid market is likely to register significant growth in the coming years. Rising demand for glutamic acid in food and beverages, drives with the population growth as a crucial market factor, particularly in the Asia-Pacific region. Market growth is further anticipated with the increasing trend of plant-based diets and the surging use of glutamic acid for manufacturing plastic materials that are biodegradable. There is a further scope for the market by tapping the pharmaceutical industry and cosmetic industry where new uses of glutamic acid can be sought. Other recent developments within the market include the use of more environmentally friendly production methods and the creation of modern methods of glutamic acid synthesis.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Glutamic Acid Market Drivers
Â
Rising Demand for Glutamic Acid in the Food and Beverage Industry
Glutamic acid is one of the most commonly used amino acids in the food and beverage industry due to its flavor enhancing and acidulant properties. The application of glutamic acid is prevalent in the processing of food items including soups, sauces, snacks, and beverages. In addition, one of the main factors boosting market growth is the growing inclination towards processed and packaged foods across prominent, as well as emerging, markets. Furthermore, the increasing demand for low-sodium and reduced-sugar products with natural flavor enhancers is projected to boost the market’s expansion in the near future.
Expanding Applications of Glutamic Acid in the Pharmaceutical Industry
In the pharmaceutical industry, glutamic acid is becoming more and more widely used since it acts as a precursor for the production of a variety of drugs and intermediates. Glutamic acid is used in the production of antibiotics, anti-inflammatory drugs, and other pharmaceuticals. The demand for glutamic acid will increase because the need for generic drugs everywhere is increasing and new types of formulations are also constantly being developed.
Increasing Use of Glutamic Acid in Animal Feed
Glutamic acid is increasingly being used as a feed additive in the animal feed industry. It is added to animal feed to improve the nutritional value and palatability of the feed, thereby enhancing animal growth and productivity. The rising demand for animal-based protein, coupled with the growing adoption of intensive animal farming practices, is driving the growth of the glutamic acid market in the animal feed segment.
Â
Glutamic Acid Market Segment Insights:
Â
Glutamic Acid Market Type Insights
The increasing demand for glutamic acid in the food and beverage industry due to its functions as a flavor enhancer and acidulant are expected to drive the market growth. The market is divided into type like L-glutamic acid and DL-glutamic acid. L-glutamic acid is the naturally occurring form of glutamic acid, and DL-glutamic acid is the synthetic form. In the food and beverage industry, only L-glutamic acid is used; however, in the pharmaceutical industry, only DL-glutamic acid is applicable. The L-glutamic acid segment dominated the Glutamic Acid Market in 2023, accounting for over 70% of the market revenue.The segment’s leading position is attributed to the vast utility of L-glutamic acid. In the food and beverage industry, L-glutamic acid is mainly used in savory food products, sauces, and seasonings. In the processing of soups, snacks, and meat products, L-glutamic acid is also commonly added as a flavor enhancer. On the other hand, the DL-glutamic acid segment is expected to have a rapid growth rate during the forecast period. The growth is mainly attributed to the increasing use of DL-glutamic acid in the pharmaceutical industry. In the synthesis of different drugs, such as anticonvulsants, antipsychotics, and anti-infective drugs, DL-glutamic acid is used as a precursor.However, it is also used in the production of fertilizers and detergents.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Â
Glutamic Acid Market Grade Insights
The Glutamic Acid Market is segmented by Grade into Food Grade, Pharmaceutical Grade, and Feed Grade. Among these segments, the Food Grade segment held the largest market share of around 57% in 2023 and is expected to continue its dominance throughout the forecast period. The growth of the Food Grade segment can be attributed to the increasing demand for Glutamic Acid as a flavor enhancer in various food products. The Pharmaceutical Grade segment is expected to witness a significant growth rate during the forecast period due to the rising demand for Glutamic Acid in the pharmaceutical industry.The Feed Grade segment is also expected to grow at a steady pace due to the increasing demand for Glutamic Acid in animal feed.
Â
Glutamic Acid Market Application Insights
The application segment of the Glutamic Acid Market is categorized into flavor enhancer, nutritional supplement, pharmaceutical ingredient, and animal feed additive. The flavor enhancer segment holds the largest market share due to the increasing demand for processed foods and beverages. The nutritional supplement segment is projected to witness significant growth owing to the rising health consciousness among consumers. The pharmaceutical ingredient segment is expected to grow steadily as glutamic acid is used in the production of various drugs.The animal feed additive segment is also anticipated to grow due to the increasing demand for animal-based protein. In 2023, the Glutamic Acid Market for the application segment was valued at 7.62 billion USD and is projected to reach 12.89 billion USD by 2032, exhibiting a CAGR of 6.02%.
Â
Glutamic Acid Market End Use Industry Insights
The Glutamic Acid Market is segmented into various end-use industries, including Food Beverage, Pharmaceuticals, Agriculture, and Personal Care. Among these, the Food Beverage segment held the largest market share in 2023, driven by the increasing demand for glutamic acid as a flavor enhancer in food products. The Pharmaceuticals segment is projected to grow at the highest CAGR during the forecast period of 2024-2032, owing to the rising prevalence of neurological disorders and the increasing use of glutamic acid in drug formulations.The Agriculture segment accounts for a significant portion of the Glutamic Acid Market, with glutamic acid being used as a plant growth stimulant and fertilizer. The Personal Care segment is anticipated to witness steady growth over the coming years, driven by the increasing demand for glutamic acid in skincare and haircare products.
Â
Glutamic Acid Market Manufacturing Process Insights
Fermentation and chemical synthesis are the two primary manufacturing processes used in the glutamic acid market. Fermentation, the traditional method, involves cultivating microorganisms in a nutrient-rich medium to produce glutamic acid. This process is widely adopted due to its cost-effectiveness and sustainability. In 2023, the fermentation segment accounted for over 70% of the glutamic acid market revenue. Chemical synthesis, on the other hand, involves chemical reactions to produce glutamic acid. It offers higher yields but requires specialized equipment and expertise.As a result, chemical synthesis accounts for a smaller market share compared to fermentation. However, advancements in technology and increased demand for high-purity glutamic acid are expected to drive the growth of the chemical synthesis segment in the coming years.
Â
Glutamic Acid Market Regional Insights
The regional segmentation of the Glutamic Acid Market provides insights into the market's geographical distribution and performance. North America held the largest market share in 2023, accounting for approximately 35% of the revenue. This region's dominance can be attributed to the presence of major food and beverage companies, as well as the increasing demand for glutamate-based products in the region. Europe is another significant market, contributing around 30% to the revenue in 2023. The region's growth is driven by rising health consciousness and the growing popularity of glutamate-fortified food products.APAC is projected to witness the fastest growth during the forecast period, with a CAGR of 6.5% from 2024 to 2032. This growth is primarily attributed to the increasing population, rising disposable income, and changing dietary patterns in the region. South America and MEA are expected to contribute a smaller share of the market, but they are also projected to experience steady growth in the coming years. Overall, the Glutamic Acid Market is expected to grow steadily in the coming years, driven by increasing demand for glutamate-based products in various industries, including food and beverage, pharmaceuticals, and personal care.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Â
Glutamic Acid Market Key Players and Competitive Insights:
Major players in the Glutamic Acid Market are constantly focusing on research and development to launch innovative products. They are also adopting strategies such as mergers and acquisitions to expand their market presence and gain a competitive edge. The Glutamic Acid Market industry is characterized by the presence of a few leading players who hold a significant market share. These players are continuously investing in research and development to enhance their product portfolio and maintain their market position. Additionally, the industry is witnessing the entry of new players, especially from emerging economies, which is intensifying competition and driving down prices. Furthermore, the Glutamic Acid Market development is being driven by the increasing demand from various end-use industries such as food and beverage, pharmaceuticals, and animal feed, leading to a surge in production capacities and technological advancements.Ajinomoto is a leading Glutamic Acid Market player with a significant presence. The company has a strong focus on innovation and has developed a wide range of glutamic acid products, including food-grade, pharmaceutical-grade, and industrial-grade. Ajinomoto has a strong distribution network and a loyal customer base, which has contributed to its success in the market. The company is also actively involved in research and development to further expand its product portfolio and maintain its market position. It has recently invested in new production facilities and technologies to meet the growing demand for glutamic acid.Kyowa Hakko Kirin is another major Glutamic Acid Market player with a strong presence. The company focuses on the production of high-quality glutamic acid for use in various industries. Kyowa Hakko Kirin has a strong research and development team that is constantly working on developing new and innovative products. The company has a wide range of glutamic acid products, including food-grade, pharmaceutical-grade, and industrial-grade. Kyowa Hakko Kirin has a strong distribution network and a loyal customer base, which has contributed to its success in the market. It has recently expanded its production capacity to meet the growing demand for glutamic acid.
Key Companies in the Glutamic Acid Market Include:
-
Trobas Gelatin
-
Darling Ingredients
-
Archimica
-
PB Gelatins
-
Weishardt Group
-
Lapi Gelatine
-
Kyowa Hakko Kirin
-
CJ CheilJedang
-
Tessenderlo Group
-
Meihua Holdings Group
-
Ajinomoto
-
Nitta Gelatin
-
Gelita
-
Rousselot
-
Nippon Shokubai
Glutamic Acid Market Industry Developments
The glutamic acid market is projected to reach USD 12.89 billion by 2032, exhibiting a CAGR of 6.02% during the forecast period (2024-2032). Rising demand for glutamic acid as a flavor enhancer in the food and beverage industry is a key driver of market growth. Additionally, increasing use of glutamic acid in the production of pharmaceuticals, cosmetics, and animal feed is expected to contribute to market expansion. Recent news developments include the launch of new glutamic acid production facilities in Asia-Pacific to meet growing demand from the region's food and beverage sector. Furthermore, ongoing research and development efforts are focused on developing novel applications for glutamic acid, which is anticipated to create new growth opportunities in the market.
Glutamic Acid Market Segmentation Insights
Â
Glutamic Acid Market Type Outlook
-
L-Glutamic Acid
-
DL-Glutamic Acid
Â
Glutamic Acid Market Grade Outlook
-
Food Grade
-
Pharmaceutical Grade
-
Feed Grade
Â
Glutamic Acid Market Application Outlook
Â
Glutamic Acid Market End Use Industry Outlook
-
Food Beverage
-
Pharmaceuticals
-
Agriculture
-
Personal Care
Â
Glutamic Acid Market Manufacturing Process Outlook
-
Fermentation
-
Chemical Synthesis
Â
Glutamic Acid Market Regional Outlook
-
North America
-
Europe
-
South America
-
Asia Pacific
-
Middle East and Africa
|
Report Attribute/Metric
|
Details
|
|
Market Size 2022
|
7.19(USD Billion)
|
|
Market Size 2023
|
7.62(USD Billion)
|
|
Market Size 2032
|
12.89(USD Billion)
|
|
Compound Annual Growth Rate (CAGR)
|
6.02% (2024 - 2032)
|
|
Report Coverage
|
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
|
|
Base Year
|
2023
|
|
Market Forecast Period
|
2024 - 2032
|
|
Historical Data
|
2019 - 2023
|
|
Market Forecast Units
|
USD Billion
|
|
Key Companies Profiled
|
Trobas Gelatin, Darling Ingredients, Archimica, PB Gelatins, Weishardt Group, Lapi Gelatine, Kyowa Hakko Kirin, CJ CheilJedang, Tessenderlo Group, Meihua Holdings Group, Ajinomoto, Nitta Gelatin, Gelita, Rousselot, Nippon Shokubai
|
|
Segments Covered
|
Type, Grade, Application, End Use Industry, Manufacturing Process, Regional
|
|
Key Market Opportunities
|
Growing demand in the food industry Increasing applications in pharmaceuticals Rising popularity in personal care products Expanding use in agriculture Technological advancements in production processes
|
|
Key Market Dynamics
|
Growing health awareness increasing demand in food industry technological advancements rising disposable income expanding application in pharmaceutical industry
|
|
Countries Covered
|
North America, Europe, APAC, South America, MEA
|
Frequently Asked Questions (FAQ) :
The Glutamic Acid Market was valued at approximately USD 7.62 billion in 2023.
The Glutamic Acid Market is expected to grow at a CAGR of 6.02% from 2024-2032.
The Glutamic Acid Market is expected to reach USD 12.89 billion by 2032.
North America is expected to dominate the Glutamic Acid Market throughout the forecast period.
Glutamic Acid is primarily used as a flavor enhancer in food and beverages, as well as in the production of pharmaceuticals and animal feed.
Some of the key competitors in the Glutamic Acid Market include Ajinomoto, Kyowa Hakko Kirin, and Archer Daniels Midland.
The growth of the Glutamic Acid Market is driven by increasing demand for processed foods and beverages, as well as the expansion of the pharmaceutical industry.
The Glutamic Acid Market faces challenges such as stringent regulatory requirements and the availability of substitutes.
Opportunities for the Glutamic Acid Market include the growing demand for plant-based foods and the development of new applications in the pharmaceutical industry.
Key trends in the Glutamic Acid Market include the increasing use of natural and organic ingredients, as well as the adoption of sustainable production processes.
