Glutamic Acid Market Size, Analysis To 2020: Grand View Research, Inc.

Increasing application in animal feed and processed food industry is expected to drive the global glutamic acid market over the next six years. Growing demand for high quality meat is anticipated to have positive impact on animal feed market, which in turn likely to drive glutamic acid market over the forecast period. Increasing consumer awareness towards high nutrition foods is expected to boost the demand for glutamic acid in near future. Apart from providing nutrition, glutamic acid improves the taste of food when added. Shifting trend toward use of tasty and healthy food is further expected to complement the market growth over the foreseeable period. Increasing consumer preference toward usage of natural additives in food along with increasing health concern is expected to fuel the market growth over the next six years.

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Processed food industry has been experiencing significant growth over the recent past and the trend is expected to continue over the next six years owing to its easy making process and availability. This trend is expected to affect the global glutamic acid market positively. Glutamic acid is also used in dairy products to increase shelf life and enhance test. Increasing consumption of dairy products particularly in China and India is expected to drive the market in Asia Pacific.

North America was the key regional market in 2013 and is expected to be the leading market over the next six years. Growing processed food demand in Mexico and U.S. is likely to boost the demand for glutamic acid in the region. Increasing consumption of processed food coupled with growing demand for healthy food in nations such as China, India, and Japan is expected to augment the market growth in Asia Pacific region. European market for glutamic acid is expected to witness considerable growth owing to rising health concern among consumers and government norms regarding public health.

Glutamic acid is used to remove excess nitrogen from body and helps in correcting personality disorders. It is also helpful in treating mental retardation, ulcers, hypoglycemic coma, and muscular dystrophy. These advantageous factors are expected to open new opportunities for glutamic acid market in near future. Key global players operating in glutamic acid market include Changzhou Huatong Biochemical Co. Ltd., Sichuan Tongsheng Co. Ltd., Luojiang Chenming Biological Products Co., and Bachem AG.

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About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

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