The global demand for Monosodium Glutamate Market is presumed to reach the market size of nearly USD 8.87 BN by 2028 from USD 5.58 BN in 2021 with a CAGR of 6.7% under the study period 2022 - 2028.
Monosodium Glutamate, popularly known as MSG, is the sodium salt formed with the combination of the glutamic white crystal and sodium. It is typically sodium salt of amino acid. Glutamic acid, in sodium glutamate, can be found naturally in human bodies and in many foods and dietary additives. It is used as a flavour enhancer. Furthermore, monosodium glutamate is a component widely utilized in several cuisines. Its commercial applications include adding it to broths, soups, canned and frozen vegetables, seasoning, and spice blends.
Market Dynamics
The reasons that propel the expansion of the MSG market are increasing consumer awareness, shifting consumer preferences, and increasing the demand for convenience meals. The application of monosodium glutamate as a flavour enhancer and as a food additive to prepare goods like sauces, cheeses, dairy and meat products, and baked goods is propelling the market growth of monosodium glutamate. Monosodium glutamate is also used to increase the shelf life of dairy products. The market expansion of monosodium glutamate is also being driven by demand for MSG in food processors and service industries and the commercial business in the production process of packed meals. MSG's market expansion, though, might be hampered by various health-related risks.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of monosodium glutamate. The growth and trends of monosodium glutamate industry provide a holistic approach to this study.
Market Segmentation
This section of the monosodium glutamate market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By End-User Industry
- Pharmaceutical Industry
- Food Processing Industry
- Cosmetics Industry
- Livestock Industry
By Application
- Preservatives
- Additives
- Acidity Regulators
- Flavor Enhancers
By Sales Channel
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Monosodium Glutamate market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Monosodium Glutamate Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the monosodium glutamate market include Ajinomoto, Kerry Group, Fufeng Group, Meihua Holdings Group, Sunrise Nutrachem Group, Vedan International (Holdings) Limited, Eppens.Cn, Global Bio-Chem Technology Group Company Limited, Glutamate Association, Tate & Lyle plc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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