The Glutamic Acid Market is segmented by Source (Plant-based and Animal-based), End-user (Food and beverages, Pharmaceuticals, and Others), and Geography (North America, APAC, Europe, South America, and Middle East and Africa). As per the Global Forecast research report 2024-2028 published by Technavio, the market size is estimated to grow by USD 5.08 billion, at a CAGR of 7.99% during the forecast period. There are several companies that are contributing to the market as per this report. Increasing use of glutamic acid as animal feed additives .
Glutamic acid, a naturally occurring non-essential amino acid, can be derived from various plant-origin ingredients. Notably, soy and wheat are commonly used to produce glutamic acid through the fermentation process. This results in the creation of fermented foods such as soy. Protein-rich plant-based sources, including quinoa, tofu, tempeh, lentils, nuts, and seeds, are essential for vegetarians and vegans to consume a diverse range of glutamic acids. The rise in consumer disposable income and improved living standards have led to a significant increase in demand for non-allergic, plant-based glutamic acid products, particularly for infants.
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The Glutamic Acid market in North America is experiencing significant growth due to increasing consumer concerns regarding food safety and the expansion of the animal feed additive industry. Parents are prioritizing plant-based protein products for their infants due to their nutritional benefits over artificial ingredients. This trend is particularly evident where the sale of organic baby food products containing plant protein has surged, driven by heightened food safety concerns. Additionally, the rise in the number of working women is contributing to the market's growth, as they seek convenient and nutritious options for their families.
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Glutamic acid is a naturally occurring non-essential amino acid that plays a crucial role in various physiological functions, including the regulation of muscle and nerve function, and the production of energy. It is found in a wide range of protein-rich foods, including meats, soy protein, eggs, and dairy goods. Glutamic acid is also synthesized by Coryneform bacteria during fermentation, which is used as a flavor enhancer in various food products. Fatigue and stress can lead to a decrease in glutamic acid levels in the body. To combat this, consumers are turning to glutamic acid supplements, found in packaged foods, ready-to-drink beverages, energy drinks, and even instant noodles, canned vegetables, soups, legumes, beans, aquatic food products, poultry, cereals, wheatgrass, spinach, wheat, cabbage, parsley, beets, and other plant-based foods. Glutamic acid is also used as a food additive in sugarcane molasses and blood plasma. Glutamic acid is essential for the production of spinal fluid and blood plasma, and it plays a significant role in the metabolism of glucose. It is an important component of amino acid supplements and is used in the production of pharmaceuticals and cosmetics. With its numerous health benefits, the demand for glutamic acid is expected to grow in the coming years.
According to Technavio, the global glutamic acid market is a segment of the larger commodity chemicals market, which encompasses businesses primarily engaged in the production of industrial and basic chemicals. This market category includes manufacturers of plastics, synthetic fibers, films, commodity-based paints and pigments, explosives, and petrochemicals. Notably, the market excludes chemical companies producing diversified chemicals, fertilizers and agricultural chemicals, industrial gases, and specialty chemicals. The global commodity chemicals market's expansion will be fueled by the growing demand for plastic packaging, as plastic remains the most widely used material in the packaging industry worldwide.
The Glutamic Acid Market is experiencing significant growth, fueled by the growing demand for use in sports supplements. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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