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Global Sodium Glutamate Market to Grow at a CAGR of 5% During 2021-2026, Aided by the Growing Demand for Processed Foods and Fast Foods

According to a new report by EMR titled, ‘Global Sodium Glutamate Market Report and Forecast 2021-2026’, the global market for sodium glutamate is expected to grow at a CAGR of 5% between 2021 and 2026.

Sodium glutamate or monosodium glutamate (MSG) is one of the most common naturally occurring amino acids. Glutamate acid naturally develops in human bodies in abundance and can also be found in many foods like meats, fish, eggs, and dairy products. MSG is added to food products as it imparts a savoury, umami taste, and is considered the purest form of umami. It uses glutamate, the same amino acid present in umami to activate the taste receptors. Sodium glutamate is prepared through the process of bacterial fermentation, wherein sodium is added in later stages. Sodium glutamate has been classified as GRAS (generally recognized as safe) by the U.S. FDA. The growth of the retail industry and the easy availability of processed food products through offline and online platforms like Walmart Inc (NYSE: WMT) and Amazon.com, Inc. (NASDAQ: AMZN) are expected to significantly contribute to the market growth over the forecast period.

Ajinomoto Co., Inc is one of the leading manufacturers of sodium glutamate globally with production facilities in Peru, Brazil, Japan, the U.S., China, and France, among others. The company produces original monosodium glutamate product under the trade name AJI-NO-MOTO®. The growing focus of the leading manufacturers on expanding their production facilities to emerging nations is expected to significantly contribute to the industry growth in the coming years.
 
Market Breakup by Application and Region:

  • Based on application, the industry can be divided into food processing, restaurants and institutional foodservice providers, and animal feed, among others. Among these, the food processing sector is subdivided into convenience foods, noodles and soups, meat products, and seasonings and dressings, among others.
  • Region-wise, the global market for sodium glutamate can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The global market for sodium glutamate is being driven by the growing demand for processed foods and fast foods.
  • The thriving food industry and expanding fast food chains are further propelling the industry growth.
  • The market is receiving a further impetus with the rising consumer disposable incomes and improving standards of living. 
  • The advancements in the food processing sector are further propelling the market growth.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for sodium glutamate for the periods (2016-2020) and (2021-2026).
  • The report also offers historical (2016-2020) and forecast (2021-2026) market information for the applications and major regions of sodium glutamate.
  • The report also gives the regional historical (2016-2020) and forecast (2021-2026) price trends of the product.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global sodium glutamate market are Ningxia Eppen Biotech Co., Ltd, COFCO Biochemical, Ajinomoto Co., Inc., Meihua Holdings Group Co., Ltd, and Cargill, Incorporated, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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