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Global Monosodium Glutamate Market: By Application: Noodles, Soup, and Broth, Meat Products, Seasonings and Dressings, Others; By End Use: Food Processing Industries, Food Service Sectors, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Monosodium Glutamate Market Outlook
The global monosodium glutamate market is expected to grow at a CAGR of 4% in the forecast period of 2023-2028.
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The Asia Pacific to Witness a Significant Growth Within the Global Market for Monosodium Glutamate
The Asia Pacific holds a prominent market share in the monosodium glutamate industry due to the increased utilisations of glutamate salts in the region, such as in meat and other high protein foods. Within the Asia Pacific, China is among the most prominent producers of monosodium glutamate, with the country exporting the product to Thailand, Vietnam, Nigeria, Indonesia, and South Africa, among other regions.
North America is a significant consumer of monosodium glutamate, especially the United States of America, due to the growing demand for the product from the food manufacturing sector and the increasing popularity of Asian food in the region. Europe, also represents a significant consumer market for monosodium glutamate, propelled by the growing food manufacturing sector in the region.
Monosodium Glutamate: Market Segmentation
Monosodium glutamate (MSG), which is an aminoalkanoic acid with the formula C5H8NO4Na, is a crucial chemical used to reinforce flavour of foods. MSG is commonly utilised in fast foods. It is tasteless by itself, but it is a flavour enhancer, that improves the taste of meat, fish, fowl, vegetables, and soup.
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On the basis of application, the market is divided into:
- Noodles, Soup, and Broth
- Meat Products
- Seasonings and Dressings
- Others
The market finds its end uses in the following sectors:
- Food Processing Industries
- Food Service Sectors
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rising Demand from the Food Processing Industry to Bolster the Global Monosodium Glutamate Industry
The monosodium glutamate industry is majorly being driven by the growing demand emanating from the food processing industry. The demand for processed food has gained huge importance since the past few years due to the changing lifestyles of individual, hectic work schedules, shift within the taste and preferences of consumers, and increasing purchasing power. These factors are driving the fast and processed food industry extensively, thus, further propelling the growth of the monosodium glutamate industry.
The manufacturing of MSG has largely shifted from the extraction method to the fermentation method, as this method is often used for giant scale production while maintaining a coffee per-unit cost. Thus, this rise within the margin of profit has significantly impacted the growth of the monosodium glutamate industry.
Key Industry Players in the Global Monosodium Glutamate Market
The report gives a detailed analysis of the following key players in the global monosodium glutamate market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Ajinomoto Co., Inc.
- Fufeng Group
- MeiHua Holdings Group Co
- Shandong Qilu Biotechnology Group
- Vedant Int’l
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Application, End Use, Region |
| Breakup by Application | Noodles, Soup, and Broth, Meat Products, Seasonings and Dressings, Others |
| Breakup by End Use | Food Processing Industries, Food Service Sectors, Others |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Ajinomoto Co., Inc., Fufeng Group, MeiHua Holdings Group Co, Shandong Qilu Biotechnology Group, Vedant Int’l, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Monosodium Glutamate Market Analysis
8.1 Key Industry Highlights
8.2 Global Monosodium Glutamate Historical Market (2018-2022)
8.3 Global Monosodium Glutamate Market Forecast (2023-2028)
8.4 Global Monosodium Glutamate Market by Application
8.4.1 Noodles, Soup, and Broth
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Meat Products
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Seasonings and Dressings
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Others
8.5 Global Monosodium Glutamate Market by End Use
8.5.1 Food Processing Industries
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Food Service Sectors
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Others
8.6 Global Monosodium Glutamate Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
9 North America Monosodium Glutamate Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Monosodium Glutamate Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Monosodium Glutamate Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Monosodium Glutamate Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Monosodium Glutamate Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Ajinomoto Co., Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Fufeng Group
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 MeiHua Holdings Group Co
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Shandong Qilu Biotechnology Group
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Vedan Int'l
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Monosodium Glutamate Market: Key Industry Highlights, 2018 and 2028
2. Global Monosodium Glutamate Historical Market: Breakup by Application (USD Billion), 2018-2022
3. Global Monosodium Glutamate Market Forecast: Breakup by Application (USD Billion), 2023-2028
4. Global Monosodium Glutamate Historical Market: Breakup by End-Use (USD Billion), 2018-2022
5. Global Monosodium Glutamate Market Forecast: Breakup by End-Use (USD Billion), 2023-2028
6. Global Monosodium Glutamate Historical Market: Breakup by Region (USD Billion), 2018-2022
7. Global Monosodium Glutamate Market Forecast: Breakup by Region (USD Billion), 2023-2028
8. North America Monosodium Glutamate Historical Market: Breakup by Country (USD Billion), 2018-2022
9. North America Monosodium Glutamate Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Europe Monosodium Glutamate Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Europe Monosodium Glutamate Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Asia Pacific Monosodium Glutamate Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Asia Pacific Monosodium Glutamate Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Latin America Monosodium Glutamate Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Latin America Monosodium Glutamate Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Middle East and Africa Monosodium Glutamate Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Middle East and Africa Monosodium Glutamate Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Global Monosodium Glutamate Market Structure
Key Questions Answered in the Report
The global monosodium glutamate market is projected to grow at a CAGR of 4% between 2023 and 2028.
The major drivers of the market include the hectic work schedules, shift within the taste and preferences of consumers, increasing purchasing power, rise within the margin of profit, increased utilisations of glutamate salts, and increasing popularity of Asian food.
The growing demand emanating from the food processing industry and the changing lifestyles of individuals are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major applications are noodles, soup, and broth, meat products, seasonings and dressings, among others.
The market finds its end-uses in the food processing industries and food service sectors, among others.
The major players in the industry are Ajinomoto Co., Inc., Fufeng Group, MeiHua Holdings Group Co, Shandong Qilu Biotechnology Group, and Vedant Int’l, among others.
Analyst Review
The global monosodium glutamate market was driven by the growing demand emanating from the food processing industry in the historical period. Aided by shift within the taste and preferences of consumers and changing lifestyles of individuals, the market is expected to witness further growth in the forecast period of 2023-2028, growing at a CAGR of 4%.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The major applications are noodles, soup, and broth, meat products,seasonings and dressings, among others. The market finds its end-uses in the food processing industries and food service sectors, among others. The major regional markets for monosodium glutamate are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The major players in the industry are Ajinomoto Co., Inc., Fufeng Group, MeiHua Holdings Group Co, Shandong Qilu Biotechnology Group, and Vedant Int’l, among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
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