Asia Pacific 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 Asia Pacific Glutamic Acid Market would witness market growth of 5.5% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 1,605.26 Kilo Tonnes, showcasing a growth of 4.6% (2019-2022).

The market stands at the intersection of the food and pharmaceutical industries, pivotal in enhancing flavors, nutrition, and various biochemical processes. As a non-essential amino acid, it is a fundamental building block for proteins, but its significance goes beyond basic nutrition. In addition, the versatility of it extends far beyond its role as a fundamental building block for proteins. It has found application in numerous sectors, such as pharmaceuticals, food, and industrial operations. The adoption of the acid is driven by its capacity to elevate sensory experiences, improve product formulations, and contribute to advancements in biochemical and pharmaceutical fields.

Moreover, in industrial settings, this catalyzes biochemical innovation. Its application in producing biochemicals, biofuels, and other industrial compounds demonstrates its versatility beyond food and pharmaceuticals. Biotechnological advancements, including genetically modified microorganisms and fermentation processes, have enhanced the efficiency and sustainability of this acid production for industrial applications. As industries explore more sustainable and eco-friendly practices, adopting glutamic acid as a biochemical precursor aligns with the push towards green technologies. As a key component in fermentation processes, it contributes to developing sustainable bioenergy solutions, offering an alternative to traditional fossil fuels.

South Korean cosmetic companies are known for innovating and using advanced technologies in product development. India has a rapidly growing pharmaceutical industry known for its generic drug manufacturing capabilities. As per the data released in 2023 by the India Brand Equity Foundation, it is expected that the Indian pharmaceuticals sector will attain a value of US$65 billion by 2024 and US$130 billion by 2030. The Indian pharmaceutical industry is estimated to be worth around $50 billion, of which more than $25 billion is derived from exports, according to government data. Therefore, the growing pharmaceutical and cosmetics sectors in the Asia Pacific will drive the demand for the acid in the region.

The China market dominated the Asia Pacific Glutamic Acid Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,731.3 million by 2030. The Japan market is registering a CAGR of 4.8% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 6.1% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

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

Asia Pacific 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)

China
Japan
India
South Korea
Singapore
Malaysia
Rest of Asia Pacific

Chapter 1. Market Scope & Methodology

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

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

Chapter 5. Asia Pacific Glutamic Acid Market, By Country

5.1 China Glutamic Acid Market
- 5.1.1 China Glutamic Acid Market, By End-use
5.2 Japan Glutamic Acid Market
- 5.2.1 Japan Glutamic Acid Market, By End-use
5.3 India Glutamic Acid Market
- 5.3.1 India Glutamic Acid Market, By End-use
5.4 South Korea Glutamic Acid Market
- 5.4.1 South Korea Glutamic Acid Market, By End-use
5.5 Singapore Glutamic Acid Market
- 5.5.1 Singapore Glutamic Acid Market, By End-use
5.6 Malaysia Glutamic Acid Market
- 5.6.1 Malaysia Glutamic Acid Market, By End-use
5.7 Rest of Asia Pacific Glutamic Acid Market
- 5.7.1 Rest of Asia Pacific 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 Asia Pacific Glutamic Acid Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Glutamic Acid Market, 2023 - 2030, USD Million
TABLE 3 Asia Pacific Glutamic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 4 Asia Pacific Glutamic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 5 Asia Pacific Glutamic Acid Market, By End-use, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Glutamic Acid Market, By End-use, 2023 - 2030, USD Million
TABLE 7 Asia Pacific Glutamic Acid Market, By End-use, 2019 - 2022, Kilo Tonnes
TABLE 8 Asia Pacific Glutamic Acid Market, By End-use, 2023 - 2030, Kilo Tonnes
TABLE 9 Asia Pacific Food Industry Market, By Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Food Industry Market, By Country, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Food Industry Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 12 Asia Pacific Food Industry Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 13 Asia Pacific Pharmaceutical Market, By Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Pharmaceutical Market, By Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Pharmaceutical Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 16 Asia Pacific Pharmaceutical Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 17 Asia Pacific Cosmetic & Personal Care Market, By Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Cosmetic & Personal Care Market, By Country, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Cosmetic & Personal Care Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 20 Asia Pacific Cosmetic & Personal Care Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 21 Asia Pacific Others Market, By Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Others Market, By Country, 2023 - 2030, USD Million
TABLE 23 Asia Pacific Others Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 24 Asia Pacific Others Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 25 Asia Pacific Glutamic Acid Market, By Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Glutamic Acid Market, By Country, 2023 - 2030, USD Million
TABLE 27 Asia Pacific Glutamic Acid Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 28 Asia Pacific Glutamic Acid Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 29 China Glutamic Acid Market, 2019 - 2022, USD Million
TABLE 30 China Glutamic Acid Market, 2023 - 2030, USD Million
TABLE 31 China Glutamic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 32 China Glutamic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 33 China Glutamic Acid Market, By End-use, 2019 - 2022, USD Million
TABLE 34 China Glutamic Acid Market, By End-use, 2023 - 2030, USD Million
TABLE 35 China Glutamic Acid Market, By End-use, 2019 - 2022, Kilo Tonnes
TABLE 36 China Glutamic Acid Market, By End-use, 2023 - 2030, Kilo Tonnes
TABLE 37 Japan Glutamic Acid Market, 2019 - 2022, USD Million
TABLE 38 Japan Glutamic Acid Market, 2023 - 2030, USD Million
TABLE 39 Japan Glutamic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 40 Japan Glutamic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 41 Japan Glutamic Acid Market, By End-use, 2019 - 2022, USD Million
TABLE 42 Japan Glutamic Acid Market, By End-use, 2023 - 2030, USD Million
TABLE 43 Japan Glutamic Acid Market, By End-use, 2019 - 2022, Kilo Tonnes
TABLE 44 Japan Glutamic Acid Market, By End-use, 2023 - 2030, Kilo Tonnes
TABLE 45 India Glutamic Acid Market, 2019 - 2022, USD Million
TABLE 46 India Glutamic Acid Market, 2023 - 2030, USD Million
TABLE 47 India Glutamic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 48 India Glutamic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 49 India Glutamic Acid Market, By End-use, 2019 - 2022, USD Million
TABLE 50 India Glutamic Acid Market, By End-use, 2023 - 2030, USD Million
TABLE 51 India Glutamic Acid Market, By End-use, 2019 - 2022, Kilo Tonnes
TABLE 52 India Glutamic Acid Market, By End-use, 2023 - 2030, Kilo Tonnes
TABLE 53 South Korea Glutamic Acid Market, 2019 - 2022, USD Million
TABLE 54 South Korea Glutamic Acid Market, 2023 - 2030, USD Million
TABLE 55 South Korea Glutamic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 56 South Korea Glutamic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 57 South Korea Glutamic Acid Market, By End-use, 2019 - 2022, USD Million
TABLE 58 South Korea Glutamic Acid Market, By End-use, 2023 - 2030, USD Million
TABLE 59 South Korea Glutamic Acid Market, By End-use, 2019 - 2022, Kilo Tonnes
TABLE 60 South Korea Glutamic Acid Market, By End-use, 2023 - 2030, Kilo Tonnes
TABLE 61 Singapore Glutamic Acid Market, 2019 - 2022, USD Million
TABLE 62 Singapore Glutamic Acid Market, 2023 - 2030, USD Million
TABLE 63 Singapore Glutamic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 64 Singapore Glutamic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 65 Singapore Glutamic Acid Market, By End-use, 2019 - 2022, USD Million
TABLE 66 Singapore Glutamic Acid Market, By End-use, 2023 - 2030, USD Million
TABLE 67 Singapore Glutamic Acid Market, By End-use, 2019 - 2022, Kilo Tonnes
TABLE 68 Singapore Glutamic Acid Market, By End-use, 2023 - 2030, Kilo Tonnes
TABLE 69 Malaysia Glutamic Acid Market, 2019 - 2022, USD Million
TABLE 70 Malaysia Glutamic Acid Market, 2023 - 2030, USD Million
TABLE 71 Malaysia Glutamic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 72 Malaysia Glutamic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 73 Malaysia Glutamic Acid Market, By End-use, 2019 - 2022, USD Million
TABLE 74 Malaysia Glutamic Acid Market, By End-use, 2023 - 2030, USD Million
TABLE 75 Malaysia Glutamic Acid Market, By End-use, 2019 - 2022, Kilo Tonnes
TABLE 76 Malaysia Glutamic Acid Market, By End-use, 2023 - 2030, Kilo Tonnes
TABLE 77 Rest of Asia Pacific Glutamic Acid Market, 2019 - 2022, USD Million
TABLE 78 Rest of Asia Pacific Glutamic Acid Market, 2023 - 2030, USD Million
TABLE 79 Rest of Asia Pacific Glutamic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 80 Rest of Asia Pacific Glutamic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 81 Rest of Asia Pacific Glutamic Acid Market, By End-use, 2019 - 2022, USD Million
TABLE 82 Rest of Asia Pacific Glutamic Acid Market, By End-use, 2023 - 2030, USD Million
TABLE 83 Rest of Asia Pacific Glutamic Acid Market, By End-use, 2019 - 2022, Kilo Tonnes
TABLE 84 Rest of Asia Pacific 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

Asia Pacific 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