Glutamine Market Revenue, Growth Factors, Trends, Key Companies, Forecast to 2028
The global Glutamine market was significantly large in 2020, and is expected to continue to register a rapidly inclining revenue CAGR between 2021 and 2028. Key factors responsible for driving market revenue growth are replacement of metallic parts with Glutamines in various industries, high demand for lightweight automobiles, and stringent emission regulations worldwide. Besides, Glutamine is being extensively used in electronic appliances, automotive, construction, packaging, and consumer goods industries.
Glutamine is an amino acid that occurs naturally in the body and serves as a building component for proteins. Amino acids are substances in the body that provide various health benefits such as being the building blocks for proteins and are present in two forms such as L-glutamine and D-glutamine. L-glutamine is the type present in various foods and chemically synthesized supplements. L-glutamine is the name given to it by certain supplements, while glutamine is the name given to it by others.
Human body generates L-glutamine on its own. It is, in fact, the most abundant amino acid in blood and other bodily fluids. Mammals, in particular, have established biochemical and metabolic mechanisms to regulate pathogen infection by boosting amino acid metabolism to assist immune responses.
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Key Market Factors: Revenue growth of the global Glutamine is significantly rising driven by various encouraging factors. Some of these factors, include relevance of glutamine as an energy source for intestinal and immunological cells cannot be overstated. Intestines constitute as the biggest component of immune system in the human body. This is due to billions of bacteria that reside in intestines and influence immune health, as well as many intestinal cells that have immunological activities that prevent dangerous microorganisms or poisons from spreading throughout the body from intestines. After serious injuries such as burns, high-glutamine meals or glutamine supplements are advised. Supplementing with glutamine aids in improving health, reducing infections, and shortens hospital stays following surgery. In severely sick patients, improved survival and lower medical expenditures due to consumption of such supplements leads to an incline in demand. In addition, supplementing with glutamine might help animals with bacterial or viral infections enhance their immunological function.
Key Companies in the market include:
- Ajinomoto Co.
- Kyowa Kirin Co., Ltd.
- Daesang Corp
- Fufeng Group.
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By Product Type Outlook (Revenue, USD Billion; 2018-2028)
- Pharmaceutical Grade
- Nutraceutical Grade
By End-Use Outlook (Revenue, USD Billion; 2018-2028)
- Nutraceutical Use
- Pharmaceutical Use
Middle East & Africa
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Some points on how the report benefits stakeholders:
- The reports include historical (2018–2020) and forecast (2021–2028) data points, revenues, and CAGR in table, figure, and chart formats, with detailed and qualitative, supporting written information for each.
- Revenue break-up is provided for each segment in these formats for global, regional, and for each country in the respective region for each year between 2018 and 2028.
- The report contains insights regarding growth drivers, restraints, opportunities, trends, company profiles, strategic developments, expansion details, product launches, and various other aspects related to the market.
- The report contains data and information on customers, competitors, vendors/distributors, and other players and in the global marketplace.
- Market research analysis is vital for all crucial business strategies and can aid in numerous ways and to provide a clearer understanding about strategies being deployed by competitors, product launches, competitive analysis, technological advancements and various other factors that enhance sales of a firm or perhaps provide insights to focus on merger and acquisition as a strategy or enter into strategic agreements or joint ventures etc.
- The report contains company profiles of the top companies operating in the market along with their respective revenue and operating segments, geographical reach, market footprint, headquarters, growth rates, recent developments, product /services, expansion strategies, investments in expansion, and more.
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The COVID-19 impact:
The growing COVID-19 pandemic has led to the weakening demand for coatings in electronics, automotive, construction, and white goods. The market has the capacity to bounce back, but it completely depends on the duration of the lockdown, and also the impact of the virus on the economy. Even though the overall demand of the market is falling, the demand for green coating is expected to rise in the coming years.
Key questions covered in the global Glutamine market report:
What is the expected market size of the global Glutamine market during the forecast period?
What factors are expected to hamper global Glutamine market growth over the forecast period?
What key factors are expected to drive global revenue growth between Forecast Period?
Which application segment is expected to dominate other application segments over the forecast period?
Which region is expected to dominate in terms of revenue during the forecast period?
What are the key outcomes of Porter’s Five Forces analysis and SWOT analysis?
Which leading players are operating in the global Glutamine market?
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