Press release
The Monosodium Glutamate (MSG) Market Is Valued At US$ 5.8 Bn by 2031 : Data Analysis by Experts at Transparency Market Research
๐๐จ๐ง๐จ๐ฌ๐จ๐๐ข๐ฎ๐ฆ ๐๐ฅ๐ฎ๐ญ๐๐ฆ๐๐ญ๐ (๐๐๐) ๐๐๐ซ๐ค๐๐ญ: ๐๐ง๐ญ๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐งTransparency Market Research delivers key insights on the global monosodium glutamate (MSG) market. In terms of revenue, the global monosodium glutamate (MSG) market is estimated to expand at a CAGR of ~5% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global monosodium glutamate (MSG) market.
Lack of awareness about product usage and availability of cost-effective alternatives are likely to hamper the global monosodium glutamate (MSG) market during the forecast period. On the other hand, rise in the demand for food additives is anticipated to drive the global monosodium glutamate (MSG) market over the next decade, as monosodium glutamate is utilized to enhance the taste of food. This has fueled the demand for monosodium glutamate in the food additives segment.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ญ (๐๐ฌ๐ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ ๐๐๐ข๐ฅ ๐๐ ๐๐จ๐ซ ๐๐ฎ๐ข๐๐ค ๐๐๐ฌ๐ฉ๐จ๐ง๐ฌ๐) - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=60858
๐๐จ๐ง๐จ๐ฌ๐จ๐๐ข๐ฎ๐ฆ ๐๐ฅ๐ฎ๐ญ๐๐ฆ๐๐ญ๐ (๐๐๐) ๐๐๐ซ๐ค๐๐ญ: ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
The food industry plays a major role in the economic growth of a country. The global food industry has expanded significantly over the last decade. The rise in the demand for food additives for taste and flavor enhancement in developed as well as developing countries is a key driver of the global food industry.
Rise in urbanization, disposable income of consumers, and increase in preference of diverse culinary styles have also contributed to the increase in the demand for food additives. This is expected to fuel the food industry during the forecast period.
The rise in demand for food additives in the food industry in emerging economies, such as China, India, Russia, Brazil, and South Africa is expected to augment the global food industry in the near future.
Monosodium glutamate is the key ingredient utilized in food additives. It has the ability to enhance flavor, and provide meaty and savory taste to food. Therefore, it is commonly added to Chinese food, canned vegetables, soups, and processed meats. The Food and Drug administration (FDA) has classified monosodium glutamate as food ingredient that is generally recognized as safe.
Food additives are extensively employed in the food industry. Monosodium glutamate is used to enhance the taste of the food. This has fueled the demand for monosodium glutamate in the food additives segment.
Monosodium glutamate is a majorly used as a food additive. Therefore, a rise in the demand for food additives in the food industry is expected to significantly propel the global monosodium glutamate (MSG) market during the forecast period.
๐๐จ๐ง๐จ๐ฌ๐จ๐๐ข๐ฎ๐ฆ ๐๐ฅ๐ฎ๐ญ๐๐ฆ๐๐ญ๐ (๐๐๐) ๐๐๐ซ๐ค๐๐ญ: ๐๐ซ๐จ๐ฆ๐ข๐ง๐๐ง๐ญ ๐๐๐ ๐ข๐จ๐ง๐ฌ
Asia Pacific dominates the global monosodium glutamate (MSG) market. The food processing industry in the region is estimated to expand at a rapid pace between 2021 and 2031. This, in turn, is expected to boost the demand of monosodium glutamate in Asia Pacific, as monosodium glutamate is widely used in the food processing industry in the region.
China is anticipated to be a highly attractive country of the monosodium glutamate (MSG) market in Asia Pacific during the forecast period. The food processing industry in China is expanding significantly, owing to the rapid rise in urbanization coupled with an increase in disposable income. This has led to a rise in the demand for monosodium glutamate.
North America is likely to be another highly attractive region for monosodium glutamate during the forecast period. The U.S. held a major share of the global monosodium glutamate (MSG) market in North America in 2020.
๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ | ๐๐ฆ๐ฆ๐๐๐ข๐๐ญ๐ ๐๐๐ฅ๐ข๐ฏ๐๐ซ๐ฒ ๐๐ฏ๐๐ข๐ฅ๐๐๐ฅ๐ ๐๐ญ - https://www.transparencymarketresearch.com/checkout.php?rep_id=60858<ype=S
๐๐จ๐ง๐จ๐ฌ๐จ๐๐ข๐ฎ๐ฆ ๐๐ฅ๐ฎ๐ญ๐๐ฆ๐๐ญ๐ (๐๐๐) ๐๐๐ซ๐ค๐๐ญ: ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
Major players operating in the global monosodium glutamate (MSG) market are Ajinomoto Co., Inc., COFCO, Ningxia Eppen Biotech Co., Ltd, Cargill, Incorporated, Fufeng Group Company Limited, MEIHUA HOLDINGS GROUP CO., LTD., Vedan International (Holdings) Limited, Shandong Qilu Biotechnology Group Co., Ltd., and Mitsubishi Corporation Life Sciences Limited.
๐๐ฅ๐จ๐๐๐ฅ ๐๐จ๐ง๐จ๐ฌ๐จ๐๐ข๐ฎ๐ฆ ๐๐ฅ๐ฎ๐ญ๐๐ฆ๐๐ญ๐ (๐๐๐) ๐๐๐ซ๐ค๐๐ญ: ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐จ๐ง๐จ๐ฌ๐จ๐๐ข๐ฎ๐ฆ ๐๐ฅ๐ฎ๐ญ๐๐ฆ๐๐ญ๐ (๐๐๐) ๐๐๐ซ๐ค๐๐ญ, ๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Additives
Preservatives
Flavor Enhancers
Acidity Regulators
Others
๐๐จ๐ง๐จ๐ฌ๐จ๐๐ข๐ฎ๐ฆ ๐๐ฅ๐ฎ๐ญ๐๐ฆ๐๐ญ๐ (๐๐๐) ๐๐๐ซ๐ค๐๐ญ, ๐๐ฒ ๐๐ง๐ ๐๐ฌ๐
Food Processing
Medical & Pharmaceutical
Livestock
Personal Care & Cosmetics
Others
๐๐จ๐ง๐จ๐ฌ๐จ๐๐ข๐ฎ๐ฆ ๐๐ฅ๐ฎ๐ญ๐๐ฆ๐๐ญ๐ (๐๐๐) ๐๐๐ซ๐ค๐๐ญ, ๐๐ฒ ๐๐๐ ๐ข๐จ๐ง
North America
U.S.
Canada
Europe
Germany
France
Italy
U.K.
Russia & CIS
Rest of Europe
Asia Pacific
China
India
Japan
ASEAN
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC Countries
South Africa
Rest of Middle East & Africa
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก -
๐๐ฎ๐ฉ๐๐ซ๐ก๐ฒ๐๐ซ๐จ๐ฉ๐ก๐จ๐๐ข๐ ๐๐จ๐๐ญ๐ข๐ง๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ -https://www.globenewswire.com/news-release/2023/01/12/2588127/0/en/Superhydrophobic-Coatings-Market-Value-to-Exceed-US-319-52-Mn-by-2031-Transparency-Market-Research-Inc.html
๐๐ข๐ญ๐๐ง๐ข๐ฎ๐ฆ ๐๐ข๐จ๐ฑ๐ข๐๐ ๐๐๐ซ๐ค๐๐ญ -https://www.globenewswire.com/news-release/2023/01/12/2588010/0/en/Titanium-Dioxide-Market-Value-to-Reach-US-22-7-Bn-by-2031-Transparency-Market-Research-Inc.html
๐๐๐จ๐ฎ๐ญ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ
Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
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