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Glutamine Sales Set to Total USD 199 Million by 2034 Amid Growing Health and Wellness Awareness Globally | Future Market Insights, Inc.

Finanznachrichten News

The glutamine market is driven by growing health awareness and its perceived benefits for gut health, immunity, and muscle repair. This is leading to increased use in nutraceuticals, dietary supplements, and sports nutrition products. The market is expected to see significant growth in Asia, particularly China (4.2% CAGR), with growing demand from vegan consumers pushing the development of plant-based glutamine options.

NEWARK, Del., May 16, 2024 /PRNewswire/ -- The global glutamine market value is anticipated to total USD 140.2 million in 2024 and USD 199 million by 2034. Global demand for glutamine will likely increase at a CAGR of 3.6% during the forecast period.

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Sales remain particularly high for L-glutamine owing to its perceived health benefits. The target segment accounted for a revenue share of 63% in 2023 and is set to experience steady growth through 2034.

Download the Sample PDF report to explore key market insights and trends: https://www.futuremarketinsights.com/reports/sample/rep-gb-19618

Multiple factors are expected to fuel growth of the glutamine industry during the assessment period. These include growing health consciousness, surge in chronic disease prevalence, and high adoption of glutamine in food and beverage, pharmaceutical, and dietary supplement sectors.

With increasing health consciousness, people are becoming aware of the benefits of glutamine supplements. This, in turn, is anticipated to uplift demand for glutamine during the assessment period.

Glutamine plays a key role in enhancing gut health, immunity, and muscle repair. As a result, its usage in industries like nutraceuticals and dietary supplements is expected to grow significantly, leading to sales growth.

Another key factor propelling industry growth is the surging demand for sports nutrition products, including protein powders containing glutamine. Glutamine is gaining immense popularity among fitness enthusiasts and athletes for its role in immune function and muscle recovery.

Leading players are concentrating on strengthening their plant-based glutamine portfolio to meet growing demand from vegans. This will likely play a key role in further boosting growth of the glutamine sector during the assessment period.

Key Takeaways from Market Report:

  • The global market is forecast to reach USD 199 million by 2034, registering a 3.6% CAGR.
  • Based on type, L-glutamine segment is set to advance at a CAGR of 3.4% through 2034.
  • By form, the powder segment dominated the industry with a share of 58% in 2023.
  • China is predicted to record a CAGR of 4.2% between 2024 and 2034.
  • Sales in the United States are projected to total USD 35.4 million by 2034.

"Glutamine's growing fame for its potential health benefits like muscle recovery and gut health improvements is acting as a catalyst boosting market growth," says Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.).

Who is Winning?

Kyowa Hakko Bio Co. Ltd., Ajinomoto Co. Inc., Evonik Industries AG, Amino GmbH, and NutraBio Labs are a few key players listed in the report. Developing new formulations and delivery methods is becoming a key strategy for industry players globally.

Companies are also directing investments in research to back their claims of the health benefits of glutamine. Similarly, strategies like acquisitions, partnerships, mergers, and distribution agreements are becoming popular among players.

Industry Update:

  • In October 2023, NOW Foods, headquartered in the United States, partnered with FoodChain ID to improve the company's reputation as a market leader in supplement safety and quality.

Purchase now and gain full access to the Glutamine Industry report, featuring comprehensive Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives.

Want More Insights?

Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global glutamine market, presenting historical demand data (2019 to 2023) and forecast statistics for the period from 2024 to 2034.

The study incorporates compelling insights based on type (L-glutamine and D-glutamine), form (capsules & tablets, powder, and liquid), source (plant-based, animal-based, and fermentation-based), and application (dietary supplements, pharmaceuticals, sports nutrition, clinical nutrition, food and beverages, animal nutrition, and others) across various regions.

About the Food & Beverage Division at Future Market Insights (FMI)

FMI's Food & Beverage team offers comprehensive business intelligence services, with a vast array of reports and data points analyzed across 50+ countries over a decade. The team provides consulting services and end-to-end research, offering expert analysis, actionable insights, and strategic recommendations to clients worldwide. Contact them to explore how they can assist with your unique business intelligence needs.

About the Author:

Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.

She has exceptional analytical skills and often brings thought leadership to the table.

Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results. Another feather to her cap manifests in the form of process automation. She is vocal about bringing automation to the fore to bring a 360-degrees-round revolution in manufacturing sector

Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor's Degree in Electrical Engineering from Nagpur University, India.

Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.

Explore FMI's Extensive Coverage in the Food and Beverages Domain:

  • Protein Hydrolysate Ingredient Market by Milk and Plant Ingredients from 2024 to 2034. - Review and Request to Access the Sample Report.
  • Glutamic Acid Market Covering Sales Outlook, Up-to-date Key Trends, Market Size and Forecast, 2023-2033. - Review and Request to Access the Sample Report.
  • Milk Protein Hydrolysate Market by Category, Product, Technology & Region - Forecast 2022 - 2032. - Review and Request to Access the Sample Report
  • Protein Ingredient Market Forecast by Animal and Plant Sources for 2024 to 2034. - Review and Request to Access the Sample Report
  • Yogurt Powder Market Analysis by Regular and Low Fat Types through 2034. - Review and Request to Access the Sample Report

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading market intelligence and consulting service provider, serving clients in over 150 countries. FMI is headquartered in Dubai and has delivery centers in the UK, the U.S., and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact Us

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website:
https://www.futuremarketinsights.com
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Logo: https://mma.prnewswire.com/media/1197648/3531122/FMI_Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/glutamine-sales-set-to-total-usd-199-million-by-2034-amid-growing-health-and-wellness-awareness-globally--future-market-insights-inc-302147519.html

© 2024 PR Newswire
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