Global Market for Monosodium Glutamate

Report Code: FOD127A

Publish Date: Nov 2023

Publisher: BCC Publishing

Category: Food

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Report Highlights

This report provides a thorough analysis of the global monosodium glutamate market. The study analyzes the global monosodium glutamate market, observing the different end use and functions. It also provides detailed information on the main factors influencing market growth. The objective is to provide accurate market data and forecasts for the worldwide demand for monosodium glutamate products.

Report Includes

  • An overview of the current and future global markets for monosodium glutamate
  • Analyses of the market trends, with historical market revenue data (sales figures) for 2022, estimates for 2023, and projections of compound annual growth rates (CAGRs) through 2028
  • Estimates of the market size and revenue forecasts for the monosodium glutamate market in USD millions, and a corresponding analysis of market share based on function, end-use application and region
  • In-depth information (facts and figures) pertaining to the major factors influencing the market with respect to growth trends, emerging technologies, prospects and contributions to the overall market
  • Discussion of the importance of ESG in the monosodium glutamate market, including consumer attitudes, an assessment of risks and opportunities, impact of ESG factors on corporate performance and the ESG practices of leading companies
  • An overview of the major vendors in the global market along with an analysis of the industry structure, including companies’ market shares and recent mergers and acquisitions (M&A) activity
  • Analysis of the competitive landscape based on recent developments, key financials and segmental revenues, and operational integration
  • Profiles of the leading players in the market

Report Scope

The report provides a view of the global monosodium glutamate market, focusing on its end use and functions. Definitive and detailed estimates and forecasts of the worldwide monosodium glutamate market are provided, followed by a detailed analysis of regions, countries, and manufacturers.

The global monosodium glutamate market by end use is segmented into food processing, catering industry, and others. The market is segmented by functions, including additives, flavor enhancers, acidity regulators, and others. The market size and estimations are provided in terms of value (U.S. $ millions), considering 2022 as a base year, and the market forecast is provided from 2023 to 2028.

The report also discusses the major players across each regional monosodium glutamate market. Further, it explains the global monosodium glutamate market's primary drivers, regional dynamics, and current trends across the industry. The report concludes with a detailed focus on the vendor landscape and includes complete profiles of the major players in the market.

Report Synopsis

Report Metrics Details
Base year considered 2022
Forecast period considered 2023-2028
Base year market size $6.6 billion
Market size forecast $9.2 billion
Growth rate CAGR of 6.1% for the forecast period of 2023-2028
Units considered $ Millions
Segments covered End-Use, Functions, and Region
Regions covered North America, Europe, Asia-Pacific, Latin America, and Rest of the World (ROW)
Companies studied
AJINOMOTO CO. INC.CARGILL INC.
COFCO INTERNATIONALFUFENG GROUP SHANDONG CO. LTD.
GREMOUNT INTERNATIONAL CO. LTD.HUGESTONE ENTERPRISE CO. LTD.
MEIHUA HOLDINGS GROUP CO. LTD.NINGXIA EPPEN BIOTECH CO. LTD.
SHANDONG QILU BIOTECHNOLOGY GROUP CO. LTD.VEDAN INTERNATIONAL (HOLDINGS) LTD.
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Frequently Asked Questions (FAQs)

The monosodium glutamate market is projected to grow from $6.6 billion in 2022 to $9.2 billion in 2028 at a compound annual growth rate (CAGR) of 6.1% during the forecast period.
The key factors driving the growth of the monosodium glutamate market include.
  • Growing demand for processed foods
  • Need to reduce sodium intake
  • Increasing awareness of the health benefits of MSG
The monosodium glutamate market is segmented based on end-use, functions, and region.
The food processing segment will dominate the market by the end of 2028.

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

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Table of Contents

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Title/Chapter NamePagesMember Price
Full Report: Global Market for Monosodium Glutamate58Free

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Global Market for Monosodium Glutamate
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