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Showing posts with the label Glutamic Acid Market

Glutamic Acid Market: Trends, Applications, and Growth Opportunities for 2025 to 2030

  The global  glutamic acid market  size is expected to reach USD 20.46 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to grow at a CAGR of 8.6% from 2025 to 2030. Glutamic acid is widely used in dietary supplements owing to its ability to build protein building blocks and help to detoxify the body. The market is projected to witness significant growth over the forecast period owing to the increasing global demand for animal feed, coupled with the surging use of food additives and food enhancers in the industry.   The prices of glutamic acid vary as per grade. Strong demand for the product in the animal feed and food and beverage industries has increased the price of glutamic acid. Moreover, disturbance caused by the COVID-19 pandemic in the raw material supply chain is another factor behind the increasing prices of glutamic acid. In the year 2019, Evonik Industries AG has increased the prices of its glutamic aci...

Glutamic Acid Market expected to be valued at USD 17.16 Billion By 2028

  Glutamic Acid Industry Overview The global  glutamic acid market  size is expected to reach USD 17.16 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 7.6% from 2021 to 2028. Glutamic acid is widely used in dietary supplements owing to its ability to build protein building blocks and help to detoxify the body. The market is projected to witness significant growth over the forecast period owing to the increasing global demand for animal feed, coupled with the surging use of food additives and food enhancers in the industry.   Glutamic Acid Market Segmentation Grand View Research has segmented the glutamic acid market report on the basis of application and region:   Based on the Application Insights, the market is segmented into Food & Beverages, Pharmaceuticals, Animal Feed and Others The food and beverages application segment dominated the market with a revenue share of over 80....