Press release
Global Monosodium Glutamate (MSG) Market Expected To Grow At CAGR Of 4.80% Between Years 2017-2021.
Latest industry research report on: Global Monosodium Glutamate (MSG) Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, ForecastsMSG is majorly consumed in food applications such as the food processing industry (snacks, convenience foods, soups, condiments, instant noodles, and seasoning blends), restaurants, and institutional food services. The demand for MSG is primarily driven by the rising need to enhance the flavor of meals, especially by fast food chains. Other than food applications, a minimal amount of MSG is used in animal feed and as a raw material for chelating agents.
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Technavios analysts forecast the global monosodium glutamate market to grow at a CAGR of 4.80% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global monosodium glutamate market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW
Technavio's report, Global Monosodium Glutamate Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
AJINOMOTO
COFCO
FUFENG
Lotus Health Industry
Meihua
Other prominent vendors
Fujian Province Jianyang Wuyi MSG
Linghua Group
Shandong Qilu Biotechnology Group
Vedan International
Market driver
Consumer awareness regarding adverse effects of artificial food ingredients.
For a full, detailed list, view our report
Market challenge
Alternate ways adopted by manufacturers to increase the sales of MSG.
For a full, detailed list, view our report
Market trend
Rising health issues associated with consumption of MSG.
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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