Global Glutamine (Gln) Market growing at a CAGR of 2.9% from 2023 to 2030
Category : Materials And Chemicals | Published Date : Aug 2023
Key Market Overview
Consegic Business Intelligence analyzes that the Glutamine (Gln) market is predicted to grow at a compound annual growth rate of 2.9% from 2023 to 2030 and is expected to reach USD 181.64 million in 2030 which was valued at USD 145.50 million in 2022.
The report highlights the increasing consumer focus on health and fitness, which is proliferating global market growth. Consegic Business Intelligence study also provides insights into the market's competitive landscape, market segmentation, regional outlook, and emerging technologies in the Glutamine (Gln) market.
Global Glutamine (Gln) Market By Overview
The Glutamine (Gln) market is bifurcated into type, product type, packaging type, application, and Distribution Channel. Based on type the market is segmented into l-glutamine and d-glutamine. In 2022, the l-glutamine segment dominate the overall glutamine (Gln) market. The product type segment is categorized into powder, pills, liquid, and capsules. In 2022, the powder segment accounted for the highest market share in the glutamine (Gln) market. Based on packaging type the market is segmented into plastic pouch, glass bottles, plastic jars, and others. In 2022, the plastic jar segment dominate in the overall Glutamine (Gln) market. The application segment is categorized into pharmaceuticals, nutraceuticals, dietary supplements, cosmetics & personal care, and others. In 2022, the dietary supplements segment accounted for the highest market share in the glutamine (Gln) market. Based on distribution channel the market is segmented into supermarket/hypermarket, pharmacy stores, online channels, specialty stores, and others. In 2022, the specialty stores segment dominate the overall glutamine (Gln) market.
Get Free SampleMarket Dynamics
Driver:
- Increasing consumer focus on health and fitness
- Wide application scope of glutamine in treating various diseases
Restraints:
- High concerns regarding long term health effects of glutamine.
Market Segmentation:
| Report Attributes | Report Details |
| By Type | L-Glutamine and D-Glutamine |
| Product Type | Powder, Pills, Liquid, and Capsules |
| By Packaging Type | Plastic Pouch, Glass Bottles, Plastic Jars and Others |
| By Application | Pharmaceuticals, Nutraceuticals, Dietary Supplements, Cosmetics & Personal Care, and Others |
| By Distribution Channel | Supermarket/Hypermarket, Pharmacy Stores, Online Channels, Specialty Stores, and Others |
| By Region | Asia-Pacific, Europe, North America, Latin America, Middle East & Africa |
Competitive Landscape :
The market is dominated by certain major companies such as Ajinomoto Co., AMINO GmbH, Daesang Corp, and Evonik Industries which have a strong market position in current market circumstances. These companies are continuously leveraging new technologies to develop innovative solutions that are more durable, ensure superior functioning, and others. Furthermore, the Glutamine (Gln) market is expected to witness substantial growth in the coming years due to the Significant growth in personal care and pharmaceutical industry projects in key regions such as North America, Asia Pacific, and others.
The market is characterized by intense competition, with companies focusing on expanding their product offerings and increasing their market share through mergers, acquisitions, and partnerships.
- Ajinomoto Co.
- AMINO GmbH
- Daesang Corp
- Evonik Industries
- Kyowa kirin Co., Ltd.
- NOW Health Group, Inc.
- Prinova Group LLC
- Optimum Nutrition Inc.
- Allmax Nutrition Inc.
- Nutritech
- Nutri Advanced Ltd.