Press release
Monosodium Glutamate Market Report 2024-2033 | Size, Growth, Demand, Trends
Monosodium Glutamate Market Report
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=16742&type=smp
According to The Business Research Company's, The monosodium glutamate market size has grown strongly in recent years. It will grow from $5.27 billion in 2023 to $5.59 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to rising demand for ready -to-eat and processed food, growing among consumers, increasing population and urbanization, growth of the foodservice industry, and growing preference for umami taste.
The monosodium glutamate market size is expected to see strong growth in the next few years. It will grow to $7.17 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to increasing due to the widespread usage of msg in processed food manufacturing, increasing demand for processed and convenience foods, increasing demand for msg in food and beverage applications, rising disposable incomes in developing countries, and increase the demand for bakery and confectionery items. Major trends in the forecast period include development of novel methods, manufacturers expanding into new markets, shift from extraction to fermentation process, product innovations, and consumer preference for clean label products.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/monosodium-glutamate-global-market-report
Market Drivers and Trends:
The rise in the popularity of processed food is expected to propel the growth of the monosodium glutamate market going forward. Processed food refers to any food item altered from its natural state through various methods such as cooking, curing, smoking, fermenting, or adding ingredients for preservation or flavor enhancement. The rising popularity of processed food is due to busy lifestyles, convenience, and changing food habits and preferences. Monosodium glutamate (MSG) is commonly used in processed foods for its flavor-enhancing properties, particularly its ability to enhance savory umami taste. It is valued in the food industry for its ability to enhance flavor and improve the palatability of processed foods, making them more enjoyable to consumers. For instance, in 2023, according to the United States Department of Agriculture, a US-based federal agency, the total value of US processed food products exported from the country increased to $36.59 billion in 2023, an increase of 1.7% compared to previous years. Therefore, the increasing ready-to-eat and processed food drives the monosodium glutamate market.
Major companies operating in the monosodium glutamate market are focused on developing novel methods for the mass production of recombinant proteins. The novel method can potentially revolutionize mass production across diverse valuable proteins, encompassing milk and egg proteins, supplements for baby food, nutraceuticals, and therapeutic molecules. For instance, in May 2024, the Indian Institute of Science (IISc) researchers developed a novel method for mass production of recombinant proteins. Researchers have developed a safer alternative process using the typical monosodium glutamate (MSG) food additive. This novel expression system can be widely adopted in biotech industries to mass produce various valuable proteins, including therapeutic molecules, nutraceuticals, and baby food supplements.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
COFCO Group, Kerry Group, Ajinomoto Co. Inc., Foodchem International Corporation, McCormick & Company, Fufeng Group, Meihua Holdings Group, Tate & Lyle plc, B&G Foods Inc., Vedan International (Holdings) Limited, Triangulum chemicals private limited, Global Bio-Chem Technology Group Company Limited, Gremount International Company Limited, Fooding Group Limited(Fooding), Sunshine Chemicals Company, Great American Spice Company, RM chemicals, Puramate, Linghua Group Limited, Sunrise Chemicals
Monosodium Glutamate Market 2024 Key Insights:
• The monosodium glutamate market size is expected to see strong growth in the next few years. It will grow to $7.17 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%.
• Impact Of Processed Food Trends On The Monosodium Glutamate Market
• Monosodium Glutamate Enables Safer Mass Production of Recombinant Proteins
• North America was the largest region in the monosodium glutamate market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=16742&type=smp
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Monosodium Glutamate Market Report 2024-2033 | Size, Growth, Demand, Trends here
News-ID: 3719180 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Monosodium
Monosodium Glutamate (MSG) Market Recent Developments & Forecast Analysis 2035
The Monosodium Glutamate (MSG) Market is rapidly evolving, gaining momentum as a critical segment in the global food additives industry. Widely known as a flavor enhancer, MSG is commonly used to intensify the umami taste in a variety of food products, from snacks and processed foods to restaurant meals. With consumers increasingly craving flavor-rich cuisine and convenience foods, MSG has re-emerged as a preferred additive despite past controversies. The market…
Monosodium Phosphate Market Will Generate Record Revenue by 2029
This comprehensive report thoroughly assesses various regions, estimating the volume of the global Monosodium Phosphate market within each region during the projected timeframe. The report is meticulously crafted and includes valuable information on the current market status, historical data, and projected outlook. Furthermore, it presents a detailed market analysis, segmenting it based on regions, types, and applications. The report closely monitors key trends that play a crucial role in determining…
Monosodium Phosphate Market: Competitive Dynamics & Global Outlook 2025
LP INFORMATION recently released a research report on the Monosodium Phosphate market analysis and elaborate the industry coverage, current market competitive status, and market outlook and forecast by 2025. Moreover, it categorizes the global Monosodium Phosphatemarket by key players, product type, applications and regions,etc.
The main objective of this market research is to help the readers understand the structure of Monosodium Phosphatemarket, market definition, overview, industry opportunities and trends, investment…
Market Dynamics of Monosodium Citrate Industry - Challenges and Opportunities
Monosodium Citrate: Market outlook
Monosodium citrate, also known as sodium dihydrogen citrate is an odorless, white, fine monobasic salt of citric acid. Monosodium citrate is produced by partial neutralization of citric acid by a high purity sodium source followed by spray drying or crystallization process. Monosodium citrate is used in a wide number of industrial applications owing to functions including buffering agent, sequestrant, emulsifier, flavor enhancer, and others.
Obtain Report Details…
Monosodium Phosphate Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Monosodium Phosphate Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Monosodium Phosphate players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Monosodium Phosphate with respect to individual growth…
Monosodium Glutamate (MSG) Market Prevalent Opportunities upto 2027
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…
