The Glutamic Acid Market is being driven by Growing demand for use in sports supplements
The Glutamic Acid Market is expected to grow at a CAGR of 9.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 7840.9 million. In the animal feed industry, various types of feeds are utilized for livestock, including hay, straw, silage, compressed and pelleted feeds, oils, mixed rations, sprouted grains, and legumes. Among these, food grains serve as the primary source. To enhance the nutritional value of animal feed, additives such as glutamic acid, fatty acids, vitamins, and minerals are incorporated. Glutamic acid, a crucial feed additive, plays a pivotal role in livestock growth and health. It contributes significantly to the biochemical and metabolic processes, as it is a major component of muscles and tissues. Glutamic acid supplementation in animal feed promotes antioxidative responses, facilitates fuel metabolism and digestion, signals cells, manages fertility, supports neurotransmission, regulates gene expression, and provides immune responses.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
203 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 9.1% |
Market growth 2025-2029 |
USD 7840.9 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
8.0 |
Key countries |
US, Canada, China, Japan, India, Germany, South Korea, UK, Italy, and France |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Glutamic acid, an essential amino acid, finds extensive applications in various food industries. It is commonly used in aquatic food products, canned vegetables, instant noodles, dairy goods, energy drinks, and ready-to-drink beverages. The production of glutamic acid is often sourced from Coryneform bacteria, sugarcane molasses, blood plasma, spinal fluid, and protein-rich foods like soy protein.
The Glutamic Acid market is a significant segment of the global specialty chemicals industry, which encompasses businesses specializing in high-value-added chemicals used in the production of various products, including fine chemicals, additives, advanced polymers, adhesives, sealants, specialty paints, pigments, and coatings. According to Technavio's market analysis, the specialty chemicals market's expansion will be fueled by the increasing demand for specialty adhesives and sealants in the manufacturing of aquatic food products, such as canned vegetables, and aquaculture applications. This trend is expected to continue, driving market growth throughout the forecast period.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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