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PUBLISHER: KBV Research | PRODUCT CODE: 1410312

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PUBLISHER: KBV Research | PRODUCT CODE: 1410312

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

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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).

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

Table of Contents

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

LIST OF TABLES

  • 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
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