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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 (2016-2026); 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 2021-2026.
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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: Industry Definition and 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
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual 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 Industry Opportunities and Challenges
8 Global Monosodium Glutamate Market Analysis
8.1 Key Industry Highlights
8.2 Global Monosodium Glutamate Historical Market (2016-2020)
8.3 Global Monosodium Glutamate Market Forecast (2021-2026)
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 (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
8.4.2 Meat Products
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.4.3 Seasonings and Dressings
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2016-2020)
8.4.3.3 Forecast Trend (2021-2026)
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 (2016-2020)
8.5.1.3 Forecast Trend (2021-2026)
8.5.2 Food Service Sectors
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2016-2020)
8.5.2.3 Forecast Trend (2021-2026)
8.5.3 Others
8.6 Global Monosodium Glutamate Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Ajinomoto Co., Inc.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Fufeng Group
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 MeiHua Holdings Group Co
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Shandong Qilu Biotechnology Group
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Vedan Int'l
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Others
13 Industry Events and Developments
List of Figures and Tables
1. Global Monosodium Glutamate Market: Key Industry Highlights, 2016 and 2026
2. Global Monosodium Glutamate Historical Market: Breakup by Application (USD Billion), 2016-2020
3. Global Monosodium Glutamate Market Forecast: Breakup by Application (USD Billion), 2021-2026
4. Global Monosodium Glutamate Historical Market: Breakup by End-Use (USD Billion), 2016-2020
5. Global Monosodium Glutamate Market Forecast: Breakup by End-Use (USD Billion), 2021-2026
6. Global Monosodium Glutamate Historical Market: Breakup by Region (USD Billion), 2016-2020
7. Global Monosodium Glutamate Market Forecast: Breakup by Region (USD Billion), 2021-2026
8. North America Monosodium Glutamate Historical Market: Breakup by Country (USD Billion), 2016-2020
9. North America Monosodium Glutamate Market Forecast: Breakup by Country (USD Billion), 2021-2026
10. Europe Monosodium Glutamate Historical Market: Breakup by Country (USD Billion), 2016-2020
11. Europe Monosodium Glutamate Market Forecast: Breakup by Country (USD Billion), 2021-2026
12. Asia Pacific Monosodium Glutamate Historical Market: Breakup by Country (USD Billion), 2016-2020
13. Asia Pacific Monosodium Glutamate Market Forecast: Breakup by Country (USD Billion), 2021-2026
14. Latin America Monosodium Glutamate Historical Market: Breakup by Country (USD Billion), 2016-2020
15. Latin America Monosodium Glutamate Market Forecast: Breakup by Country (USD Billion), 2021-2026
16. Middle East and Africa Monosodium Glutamate Historical Market: Breakup by Country (USD Billion), 2016-2020
17. Middle East and Africa Monosodium Glutamate Market Forecast: Breakup by Country (USD Billion), 2021-2026
18. Global Monosodium Glutamate Market Structure
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