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LAMEA Glutamic Acid Market Size, Share & Trends Analysis Report By End-use (Food Industry, Pharmaceutical, Cosmetic & Personal Care, and Others), By Country and Growth Forecast, 2023 - 2030

Published Date : 19-Jan-2024

Pages: 85

Formats: PDF

The Latin America, Middle East and Africa Glutamic Acid Market would witness market growth of 7.4% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 426.53 Kilo Tonnes, showcasing a growth of 6.9% (2023-2030).

Supply chain visibility and traceability have become critical considerations in the food and chemical industries. Technologies such as blockchain and advanced analytics are being employed to enhance transparency throughout its supply chain. This helps meet regulatory requirements and assures consumers of the quality and origin of glutamic acid-containing products. Consumer preferences for personalized nutrition and unique flavor experiences drive customization trends in the market. Manufacturers are exploring tailored solutions to create formulations catering to specific taste profiles and dietary preferences. Customized products are designed to meet the diverse needs of food manufacturers and consumers alike.

In addition, meeting regulatory standards and ensuring labeling transparency remain pivotal trends in the market. Stricter regulations related to food additives and labeling necessitate compliance and clear communication with consumers. Manufacturers are investing in research to address health concerns and educate consumers about the safety and benefits of the acid, fostering a more positive perception. Transparent communication with consumers is increasingly important. Manufacturers may adopt clear and concise labeling, providing information about the source and benefits of this acid to build trust and transparency.

As the population's purchasing power grows in South Africa, there is likely to be an increased demand for various food and beverage products. The UAE's food service sector is known for its diverse culinary offerings, with a mix of local, international, and fusion cuisines. This diversity could lead to a higher demand for flavor enhancers like glutamic acid to enhance the taste of different dishes. According to the United States Department of Agriculture data, UAE is the second largest food service sector within the Arab Gulf Cooperation Council (GCC) region after Saudi Arabia. In 2021, the value of the UAE hotel, restaurant, and institutional sector totaled $12.3 billion, almost a 17 percent increase from 2020. Thus, growing food industry in LAMEA will help in the growth of the regional market.

The Brazil market dominated the LAMEA Glutamic Acid Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $374.3 million by 2030. The Argentina market is showcasing a CAGR of 8% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 7.1% during (2023 - 2030).

Free Valuable Insights: The Worldwide Glutamic Acid Market is Projected to reach USD 16.3 Billion by 2030, at a CAGR of 5.1%

Based on End-use, the market is segmented into Food Industry, Pharmaceutical, Cosmetic & Personal Care, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

  • Ajinomoto Co., Inc.
  • Evonik Industries AG (RAG-Stiftung)
  • Wuhan Amino Acid Bio-Chemical Co., Ltd
  • Sichuan Tongsheng Amino acid Co., Ltd
  • Medinex
  • KYOWA HAKKO BIO CO.,LTD. (Kirin Holdings Company, Limited)
  • Hefei TNJ Chemical Industry Co.,Ltd.
  • Haihang Industry Co.,Ltd.
  • FUFENG GROUP
  • AMINO GmbH

LAMEA Glutamic Acid Market Report Segmentation

By End-use (Volume, Kilo Tonnes, USD Billion, 2019-2030)

  • Food Industry
  • Pharmaceutical
  • Cosmetic & Personal Care
  • Others

By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Glutamic Acid Market, by End-use
1.4.2 LAMEA Glutamic Acid Market, by Country
1.5 Methodology for the research

Chapter 2. Market At a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Opportunities
3.2.3 Market Restraints
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis

Chapter 4. LAMEA Glutamic Acid Market, By End-use
4.1 LAMEA Food Industry Market, By Country
4.2 LAMEA Pharmaceutical Market, By Country
4.3 LAMEA Cosmetic & Personal Care Market, By Country
4.4 LAMEA Others Market, By Country

Chapter 5. LAMEA Glutamic Acid Market, By Country
5.1 Brazil Glutamic Acid Market
5.1.1 Brazil Glutamic Acid Market, By End-use
5.2 Argentina Glutamic Acid Market
5.2.1 Argentina Glutamic Acid Market, By End-use
5.3 UAE Glutamic Acid Market
5.3.1 UAE Glutamic Acid Market, By End-use
5.4 Saudi Arabia Glutamic Acid Market
5.4.1 Saudi Arabia Glutamic Acid Market, By End-use
5.5 South Africa Glutamic Acid Market
5.5.1 South Africa Glutamic Acid Market, By End-use
5.6 Nigeria Glutamic Acid Market
5.6.1 Nigeria Glutamic Acid Market, By End-use
5.7 Rest of LAMEA Glutamic Acid Market
5.7.1 Rest of LAMEA Glutamic Acid Market, By End-use

Chapter 6. Company Profiles
6.1 Ajinomoto Co., Inc.
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental & Regional Analysis
6.1.4 Research & Development Expenses
6.1.5 SWOT Analysis
6.2 Evonik Industries AG (RAG-Stiftung)
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research & Development Expenses
6.2.5 SWOT Analysis
6.3 Wuhan Amino Acid Bio-Chemical Co., Ltd.
6.3.1 Company Overview
6.3.2 SWOT Analysis
6.4 Sichuan Tongsheng Amino acid Co., Ltd
6.4.1 Company Overview
6.4.2 SWOT Analysis
6.5 MEDINEX
6.5.1 Company Overview
6.6 KYOWA HAKKO BIO CO. LTD. (Kirin Holdings Company, Limited)
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Segmental and Regional Analysis
6.6.4 Research & Development Expenses
6.6.5 SWOT Analysis
6.7 Hefei TNJ Chemical Industry Co.,Ltd.
6.7.1 Company Overview
6.8 Haihang Industry Co.,Ltd. (Haihang Group)
6.8.1 Company Overview
6.9 Fufeng Group Limited
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Segmental and Regional Analysis
6.9.4 Research & Development Expenses
6.10. AMINO GmbH
6.10.1 Company Overview
TABLE 1 LAMEA Glutamic Acid Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Glutamic Acid Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Glutamic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 4 LAMEA Glutamic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 5 LAMEA Glutamic Acid Market, By End-use, 2019 - 2022, USD Million
TABLE 6 LAMEA Glutamic Acid Market, By End-use, 2023 - 2030, USD Million
TABLE 7 LAMEA Glutamic Acid Market, By End-use, 2019 - 2022, Kilo Tonnes
TABLE 8 LAMEA Glutamic Acid Market, By End-use, 2023 - 2030, Kilo Tonnes
TABLE 9 LAMEA Food Industry Market, By Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Food Industry Market, By Country, 2023 - 2030, USD Million
TABLE 11 LAMEA Food Industry Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 12 LAMEA Food Industry Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 13 LAMEA Pharmaceutical Market, By Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Pharmaceutical Market, By Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Pharmaceutical Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 16 LAMEA Pharmaceutical Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 17 LAMEA Cosmetic & Personal Care Market, By Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Cosmetic & Personal Care Market, By Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Cosmetic & Personal Care Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 20 LAMEA Cosmetic & Personal Care Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 21 LAMEA Others Market, By Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Others Market, By Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Others Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 24 LAMEA Others Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 25 LAMEA Glutamic Acid Market, By Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Glutamic Acid Market, By Country, 2023 - 2030, USD Million
TABLE 27 LAMEA Glutamic Acid Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 28 LAMEA Glutamic Acid Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 29 Brazil Glutamic Acid Market, 2019 - 2022, USD Million
TABLE 30 Brazil Glutamic Acid Market, 2023 - 2030, USD Million
TABLE 31 Brazil Glutamic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 32 Brazil Glutamic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 33 Brazil Glutamic Acid Market, By End-use, 2019 - 2022, USD Million
TABLE 34 Brazil Glutamic Acid Market, By End-use, 2023 - 2030, USD Million
TABLE 35 Brazil Glutamic Acid Market, By End-use, 2019 - 2022, Kilo Tonnes
TABLE 36 Brazil Glutamic Acid Market, By End-use, 2023 - 2030, Kilo Tonnes
TABLE 37 Argentina Glutamic Acid Market, 2019 - 2022, USD Million
TABLE 38 Argentina Glutamic Acid Market, 2023 - 2030, USD Million
TABLE 39 Argentina Glutamic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 40 Argentina Glutamic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 41 Argentina Glutamic Acid Market, By End-use, 2019 - 2022, USD Million
TABLE 42 Argentina Glutamic Acid Market, By End-use, 2023 - 2030, USD Million
TABLE 43 Argentina Glutamic Acid Market, By End-use, 2019 - 2022, Kilo Tonnes
TABLE 44 Argentina Glutamic Acid Market, By End-use, 2023 - 2030, Kilo Tonnes
TABLE 45 UAE Glutamic Acid Market, 2019 - 2022, USD Million
TABLE 46 UAE Glutamic Acid Market, 2023 - 2030, USD Million
TABLE 47 UAE Glutamic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 48 UAE Glutamic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 49 UAE Glutamic Acid Market, By End-use, 2019 - 2022, USD Million
TABLE 50 UAE Glutamic Acid Market, By End-use, 2023 - 2030, USD Million
TABLE 51 UAE Glutamic Acid Market, By End-use, 2019 - 2022, Kilo Tonnes
TABLE 52 UAE Glutamic Acid Market, By End-use, 2023 - 2030, Kilo Tonnes
TABLE 53 Saudi Arabia Glutamic Acid Market, 2019 - 2022, USD Million
TABLE 54 Saudi Arabia Glutamic Acid Market, 2023 - 2030, USD Million
TABLE 55 Saudi Arabia Glutamic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 56 Saudi Arabia Glutamic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 57 Saudi Arabia Glutamic Acid Market, By End-use, 2019 - 2022, USD Million
TABLE 58 Saudi Arabia Glutamic Acid Market, By End-use, 2023 - 2030, USD Million
TABLE 59 Saudi Arabia Glutamic Acid Market, By End-use, 2019 - 2022, Kilo Tonnes
TABLE 60 Saudi Arabia Glutamic Acid Market, By End-use, 2023 - 2030, Kilo Tonnes
TABLE 61 South Africa Glutamic Acid Market, 2019 - 2022, USD Million
TABLE 62 South Africa Glutamic Acid Market, 2023 - 2030, USD Million
TABLE 63 South Africa Glutamic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 64 South Africa Glutamic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 65 South Africa Glutamic Acid Market, By End-use, 2019 - 2022, USD Million
TABLE 66 South Africa Glutamic Acid Market, By End-use, 2023 - 2030, USD Million
TABLE 67 South Africa Glutamic Acid Market, By End-use, 2019 - 2022, Kilo Tonnes
TABLE 68 South Africa Glutamic Acid Market, By End-use, 2023 - 2030, Kilo Tonnes
TABLE 69 Nigeria Glutamic Acid Market, 2019 - 2022, USD Million
TABLE 70 Nigeria Glutamic Acid Market, 2023 - 2030, USD Million
TABLE 71 Nigeria Glutamic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 72 Nigeria Glutamic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 73 Nigeria Glutamic Acid Market, By End-use, 2019 - 2022, USD Million
TABLE 74 Nigeria Glutamic Acid Market, By End-use, 2023 - 2030, USD Million
TABLE 75 Nigeria Glutamic Acid Market, By End-use, 2019 - 2022, Kilo Tonnes
TABLE 76 Nigeria Glutamic Acid Market, By End-use, 2023 - 2030, Kilo Tonnes
TABLE 77 Rest of LAMEA Glutamic Acid Market, 2019 - 2022, USD Million
TABLE 78 Rest of LAMEA Glutamic Acid Market, 2023 - 2030, USD Million
TABLE 79 Rest of LAMEA Glutamic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 80 Rest of LAMEA Glutamic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 81 Rest of LAMEA Glutamic Acid Market, By End-use, 2019 - 2022, USD Million
TABLE 82 Rest of LAMEA Glutamic Acid Market, By End-use, 2023 - 2030, USD Million
TABLE 83 Rest of LAMEA Glutamic Acid Market, By End-use, 2019 - 2022, Kilo Tonnes
TABLE 84 Rest of LAMEA Glutamic Acid Market, By End-use, 2023 - 2030, Kilo Tonnes
TABLE 85 Key information – Ajinomoto Co., Inc.
TABLE 86 Key Information – Evonik Industries AG
TABLE 87 Key Information – Wuhan Amino Acid Bio-Chemical Co., Ltd.
TABLE 88 Key Information – Sichuan Tongsheng Amino acid Co., Ltd
TABLE 89 Key Information – Medinex
TABLE 90 Key Information – KYOWA HAKKO BIO CO. LTD.
TABLE 91 Key Information – Hefei TNJ Chemical Industry Co.,Ltd.
TABLE 92 Key Information – Haihang Industry Co.,Ltd.
TABLE 93 Key Information – Fufeng Group Limited
TABLE 94 Key Information – AMINO GmbH

List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Glutamic Acid Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Glutamic Acid Market
FIG 4 Porter’s Five Forces Analysis - Glutamic Acid Market
FIG 5 LAMEA Glutamic Acid Market share, By End-use, 2022
FIG 6 LAMEA Glutamic Acid Market share, By End-use, 2030
FIG 7 LAMEA Glutamic Acid Market, By End-use, 2019 - 2030, USD Million
FIG 8 LAMEA Glutamic Acid Market share, By Country, 2022
FIG 9 LAMEA Glutamic Acid Market share, By Country, 2030
FIG 10 LAMEA Glutamic Acid Market, By Country, 2019 - 2030, USD Million
FIG 11 SWOT Analysis: Ajinomoto Co. Inc.
FIG 12 SWOT Analysis: Evonik Industries AG
FIG 13 SWOT Analysis: Wuhan Amino Acid Bio-Chemical Co., Ltd.
FIG 14 SWOT Analysis: Sichuan Tongsheng Amino acid Co., Ltd
FIG 15 SWOT Analysis: KYOWA HAKKO BIO CO. LTD.

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