North America 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

Description

List of Tables

The North America Glutamic Acid Market would witness market growth of 4.5% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 1,101.15 Kilo Tonnes, showcasing a growth of 3.8% (2019-2022).

The clean label movement, characterized by a demand for transparency and natural ingredients, has influenced the market. Consumers increasingly scrutinize product labels, seeking formulations that align with clean label principles. In response, manufacturers are exploring clean-label alternatives and natural sources of umami to cater to consumer preferences. This trend has led to the development of glutamic acid-free or reduced formulations and the use of naturally occurring its sources like tomatoes and seaweed.

As a key contributor to umami, it is at the forefront of culinary innovations. Chefs and food scientists are experimenting with umami-rich ingredients to create fusion cuisines that transcend cultural boundaries. This trend is reflected in the development of new products, restaurant offerings, and culinary experiences that celebrate its savory and complex taste. Beyond its traditional role as a flavor enhancer, it is finding applications in functional foods. The integration of these acids into products designed to offer health benefits is gaining traction. This includes incorporating the acid in formulations promoting gut health, cognitive function, and overall well-being. As consumer awareness of the connection between nutrition and health grows, functional foods containing this acid are positioned for increased market adoption.

Numerous variables can impact the demand for cosmetics in Canada, such as shifting consumer preferences, industry developments, and trends. The United States has a culturally diverse population with various culinary preferences. It is an ingredient widely utilized in various cuisines, including Asian, American, and European, due to its reputation for augmenting savory flavors. As per the data provided by the report named Advance Monthly Sales for Retail and Food Services, September 2023, released by the U.S Census Bureau, preliminary estimates placed retail and culinary services sales in the United States at $704.9 billion. Comparing the July 2023 to September 2023 period to the corresponding period of the previous year revealed a 3.1 percent (±0.4 percent) increase in total sales. Therefore, North America's rising cosmetics and food industries will help expand the regional market.

The US market dominated the North America Glutamic Acid Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $3,327.8 million by 2030. The Canada market is experiencing a CAGR of 6.8% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 5.9% during (2023 - 2030).

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 U.S., Mexico, Canada, and Rest of North America.

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

North America 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)

US
Canada
Mexico
Rest of North America

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 North America Glutamic Acid Market, by End-use
- 1.4.2 North America 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. North America Glutamic Acid Market, By End-use

4.1 North America Food Industry Market, By Country
4.2 North America Pharmaceutical Market, By Country
4.3 North America Cosmetic & Personal Care Market, By Country
4.4 North America Others Market, By Country

Chapter 5. North America Glutamic Acid Market, By Country

5.1 US Glutamic Acid Market
- 5.1.1 US Glutamic Acid Market, By End-use
5.2 Canada Glutamic Acid Market
- 5.2.1 Canada Glutamic Acid Market, By End-use
5.3 Mexico Glutamic Acid Market
- 5.3.1 Mexico Glutamic Acid Market, By End-use
5.4 Rest of North America Glutamic Acid Market
- 5.4.1 Rest of North America 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

LIST OF TABLES

TABLE 1 North America Glutamic Acid Market, 2019 - 2022, USD Million
TABLE 2 North America Glutamic Acid Market, 2023 - 2030, USD Million
TABLE 3 North America Glutamic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 4 North America Glutamic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 5 North America Glutamic Acid Market, By End-use, 2019 - 2022, USD Million
TABLE 6 North America Glutamic Acid Market, By End-use, 2023 - 2030, USD Million
TABLE 7 North America Glutamic Acid Market, By End-use, 2019 - 2022, Kilo Tonnes
TABLE 8 North America Glutamic Acid Market, By End-use, 2023 - 2030, Kilo Tonnes
TABLE 9 North America Food Industry Market, By Country, 2019 - 2022, USD Million
TABLE 10 North America Food Industry Market, By Country, 2023 - 2030, USD Million
TABLE 11 North America Food Industry Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 12 North America Food Industry Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 13 North America Pharmaceutical Market, By Country, 2019 - 2022, USD Million
TABLE 14 North America Pharmaceutical Market, By Country, 2023 - 2030, USD Million
TABLE 15 North America Pharmaceutical Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 16 North America Pharmaceutical Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 17 North America Cosmetic & Personal Care Market, By Country, 2019 - 2022, USD Million
TABLE 18 North America Cosmetic & Personal Care Market, By Country, 2023 - 2030, USD Million
TABLE 19 North America Cosmetic & Personal Care Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 20 North America Cosmetic & Personal Care Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 21 North America Others Market, By Country, 2019 - 2022, USD Million
TABLE 22 North America Others Market, By Country, 2023 - 2030, USD Million
TABLE 23 North America Others Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 24 North America Others Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 25 North America Glutamic Acid Market, By Country, 2019 - 2022, USD Million
TABLE 26 North America Glutamic Acid Market, By Country, 2023 - 2030, USD Million
TABLE 27 North America Glutamic Acid Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 28 North America Glutamic Acid Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 29 US Glutamic Acid Market, 2019 - 2022, USD Million
TABLE 30 US Glutamic Acid Market, 2023 - 2030, USD Million
TABLE 31 US Glutamic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 32 US Glutamic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 33 US Glutamic Acid Market, By End-use, 2019 - 2022, USD Million
TABLE 34 US Glutamic Acid Market, By End-use, 2023 - 2030, USD Million
TABLE 35 US Glutamic Acid Market, By End-use, 2019 - 2022, Kilo Tonnes
TABLE 36 US Glutamic Acid Market, By End-use, 2023 - 2030, Kilo Tonnes
TABLE 37 Canada Glutamic Acid Market, 2019 - 2022, USD Million
TABLE 38 Canada Glutamic Acid Market, 2023 - 2030, USD Million
TABLE 39 Canada Glutamic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 40 Canada Glutamic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 41 Canada Glutamic Acid Market, By End-use, 2019 - 2022, USD Million
TABLE 42 Canada Glutamic Acid Market, By End-use, 2023 - 2030, USD Million
TABLE 43 Canada Glutamic Acid Market, By End-use, 2019 - 2022, Kilo Tonnes
TABLE 44 Canada Glutamic Acid Market, By End-use, 2023 - 2030, Kilo Tonnes
TABLE 45 Mexico Glutamic Acid Market, 2019 - 2022, USD Million
TABLE 46 Mexico Glutamic Acid Market, 2023 - 2030, USD Million
TABLE 47 Mexico Glutamic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 48 Mexico Glutamic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 49 Mexico Glutamic Acid Market, By End-use, 2019 - 2022, USD Million
TABLE 50 Mexico Glutamic Acid Market, By End-use, 2023 - 2030, USD Million
TABLE 51 Mexico Glutamic Acid Market, By End-use, 2019 - 2022, Kilo Tonnes
TABLE 52 Mexico Glutamic Acid Market, By End-use, 2023 - 2030, Kilo Tonnes
TABLE 53 Rest of North America Glutamic Acid Market, 2019 - 2022, USD Million
TABLE 54 Rest of North America Glutamic Acid Market, 2023 - 2030, USD Million
TABLE 55 Rest of North America Glutamic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 56 Rest of North America Glutamic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 57 Rest of North America Glutamic Acid Market, By End-use, 2019 - 2022, USD Million
TABLE 58 Rest of North America Glutamic Acid Market, By End-use, 2023 - 2030, USD Million
TABLE 59 Rest of North America Glutamic Acid Market, By End-use, 2019 - 2022, Kilo Tonnes
TABLE 60 Rest of North America Glutamic Acid Market, By End-use, 2023 - 2030, Kilo Tonnes
TABLE 61 Key information - Ajinomoto Co., Inc.
TABLE 62 Key Information - Evonik Industries AG
TABLE 63 Key Information - Wuhan Amino Acid Bio-Chemical Co., Ltd.
TABLE 64 Key Information - Sichuan Tongsheng Amino acid Co., Ltd
TABLE 65 Key Information - Medinex
TABLE 66 Key Information - KYOWA HAKKO BIO CO. LTD.
TABLE 67 Key Information - Hefei TNJ Chemical Industry Co.,Ltd.
TABLE 68 Key Information - Haihang Industry Co.,Ltd.
TABLE 69 Key Information - Fufeng Group Limited
TABLE 70 Key Information - AMINO GmbH

North America 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