Global Glutamic Acid Market Size, Share & Trends Analysis Forecast Report to 2030, Featuring Ajinomoto, Medinex, Haihang Industry, Fufeng Group, Amino & Evonik Industries [Yahoo! Finance]
AJINOMOTO CO UNSP/ADR (AJINY)
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Source: Yahoo! Finance
Industry, Pharmaceutical, Cosmetic & Personal Care, and Others), By Regional Outlook and Forecast, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering. The Global Glutamic Acid Market size is expected to reach $16.3 billion by 2030, rising at a market growth of 5.1% CAGR during the forecast period. In the year 2022, the market attained a volume of 4,235.04 Kilo Tonnes, experiencing a growth of 4.3% (2019-2022). The demand for processed and convenience foods has risen globally, and North America is no exception. Consequently, the North America region captured $3,296.32 million revenue in the market in 2022. It is widely used in the food and beverage industry as a flavor enhancer. As consumer preferences for flavorful and convenient food products increase, it could contribute to the demand for the acid. Thus, these factors will assist in the expansion of the segment. It is one of the key components responsible for the umami taste, often described as savory or m
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