This Monosodium Glutamate Msg market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Monosodium Glutamate Msg market.
Glutamate is a natural amino acid found in the human body and in foods which contain protein, such as fish, mushrooms, tomatoes, meats, nuts, seaweeds and most dairy products. Glutamate is manufactured by the fragmentation of corn or sugarcane, as well as by bacterial fragmentation. The product obtained is a white crystal, to which sodium is added to form monosodium glutamate, also known as MSG. The fermentation process is used for mass production with low cost. It is used as a food additiveand flavor enhancer for many dishes, such as baked goods, sauces, milk and meat products and cheeses.It is also used as an additive in dairy applications to increase the shelf life and taste of products.
Food processing industries are major end users for monosodium glutamate, using it for the manufacturing of convenient & functional food, snacks, seasonal blends, instant noodles and soups. MSG is also used in institutional food service providers and restaurants.It is available in the market under various trade names, such as accent, ajinomoto and third spice. It is classified by the European Union as a safe for use food additive and by the U.S. Food and Drug Administration as a GRAS (generally recognized as safe) food ingredient.Monosodium Glutamateis commonly used in fast foods. It doesn’t have its own distinct flavor but it helps intensify the natural flavor of the food and is described as ‘Umami’, the fifth basic taste after sweet, bitter, sour, and salty.
Market Growth Analysis
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
Monosodium Glutamate Market:Market Dynamics
The growing preference towards processed food and fast food, owing to hectic lifestyles is expected to remain a key driving factor for the global monosodium glutamate marketin the forecast period. The manufacturing of monosodium glutamate has shifted from the extraction method to the fermentation method, as this method can be used for large scale production while maintaining a low per-unit cost. Thus owing to an increase in the profit margin, which has largely impacted growth of the monosodium glutamate market. However, health concerns associated with the consumption of MSG, such as headache, sweating, chest pain, nausea, and skin rashamong consumers and its regulation by regional FDA (Food & Drug Administration) authorities are anticipated to be a restraint to the monosodium glutamate market.
Monosodium Glutamate Market: Regional Outlook
The global monosodium glutamate (MSG) market is fragmented within certain companies. Competition within these companies is on the basis of the price. China is a major consumer and producer of monosodium glutamate. After China, Japan is a major consumer for the monosodium glutamate market. Increasing demand for fast food in the Indian subcontinent and South East Asia has made Asia Pacific a major consumer segment of the monosodium glutamate market.Asia Pacific is followed by North America in terms of consumption, as the U.S. has substantial demand for monosodium glutamate owing to huge demand from the food manufacturing sectorand the increasing demand for Asian food. Europe has a significant demand for monosodium glutamate due to the growing food manufacturing sector in this region. The rest of the global market also showing a positive influence on the market growth of the monosodium glutamate market in the forecast period.
Monosodium Glutamate Market: Market Participants
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Monosodium Glutamate Market:Market Segmentation
- Segmentation of the monosodium glutamate market on the basis of end use industry:
- Food Processing Industry
- Medical/pharmaceutical industry
- Livestock Industry
- Cosmetic Industry
- Food Processing Industry
- Segmentation of the monosodium glutamate market on the basis of application:
- Flavor enhancers
- Acidity regulators
Examples of some of the market participants in the global monosodium glutamate market, identified across the value chain are:
- Fufeng Group
- Ajinomoto Co., Inc
- Sunrise Nutrachem Group
- Meihua Holdings Group
- Vedan International (Holdings) Limited
- Global Bio-Chem Technology Group Company Limited
The report covers exhaust analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint.