1h Free Analyst Time
The Monosodium Glutamate Market size was estimated at USD 7.58 billion in 2023, USD 8.01 billion in 2024, and is expected to grow at a CAGR of 6.14% to reach USD 11.52 billion by 2030. Speak directly to the analyst to clarify any post sales queries you may have.
Monosodium Glutamate is a common food additive known for enhancing flavors in various food products since it contains glutamate, one of the most abundant naturally occurring amino acids. The main applications of MSG are in the food processing sector, where it finds usage across numerous categories such as processed foods, snacks, soups, canned vegetables, meats, poultry products, and instant noodles. The utilization of MSG is rising due to the growing popularity of Chinese and Japanese cuisines worldwide. Additionally, the use of monosodium glutamate in the meat and poultry industry contributes to enhanced demand for monosodium glutamate. However, adverse health effects associated with overconsumption of monosodium glutamate and stringent government regulations for monosodium glutamate are limiting factors for the market. Furthermore, technological advancements in monosodium glutamate production technology and increasing focus on manufacturers' rapid expansion of manufacturing facilities are creating lucrative opportunities for market growth.
Regional Insights
In the Americas, the United States and Canada represent significant markets for monosodium glutamate (MSG). The food industry in North America has witnessed a surge in demand for MSG as a flavor enhancer in various food products, including snacks, ready-to-eat meals, and restaurant dishes. In the European Union countries, MSG usage follows a similar trend concerning consumer preferences for intense flavors and concerns about health implications. In Asia-Pacific, China stands out as both the largest producer and consumer of monosodium glutamate worldwide as Chinese cuisine relies heavily on umami-enhancing ingredients like MSG to create its characteristic bold flavors. The Japanese and Indian market is also expanding, driven by the growing food processing and restaurant industries. Still, concerns about MSG's health effects have led to a push for government regulations such as mandatory labeling.FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Monosodium Glutamate Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Monosodium Glutamate Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.Key Company Profiles
The report delves into recent significant developments in the Monosodium Glutamate Market, highlighting leading vendors and their innovative profiles. These include Ajinomoto Co., Inc., AJINORIKI Msg (M) Sdn Bhd, Arshine Pharmaceutical Co., Limited, Cargill, Incorporated, COFCO Biotechnology Co., Ltd., Daesang Corporation, Foodchem International Corporation, Fooding Group Limited, Fufeng Group Company Limited, Global Bio-chem Technology Group Company Limited, Guangzhou ZIO Chemical Co., Ltd., Henan Brilliant Biotech Co., Ltd., Hugestone Enterprise Co., Ltd., Linghua Group Limited, Meihua Holdings Group Co., Ltd, Merck KGaA, Nassau Foods, Inc., Ningxia Eppen Biotech Co. Ltd., NM Enterprises, Prakash Chemicals Agencies Pvt. Ltd., Puramate India Pvt. Ltd., Qingdao Longfeng Chemical Co., Ltd., Tag Ingredients India Pvt. Ltd., and VEDAN International (Holdings) Limited.Market Segmentation & Coverage
This research report categorizes the Monosodium Glutamate Market to forecast the revenues and analyze trends in each of the following sub-markets:- Grade
- Food Grade
- Industrial Grade
- Pharmaceutical Grade
- Sales Channel
- Offline
- Online
- Application
- Acidity Regulators
- Additives
- Flavor Enhancers
- Preservatives
- End-User Industry
- Cosmetics
- Food Processing
- Livestock
- Pharmaceutical
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
The report offers valuable insights on the following aspects:
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
- What is the market size and forecast of the Monosodium Glutamate Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Monosodium Glutamate Market?
- What are the technology trends and regulatory frameworks in the Monosodium Glutamate Market?
- What is the market share of the leading vendors in the Monosodium Glutamate Market?
- Which modes and strategic moves are suitable for entering the Monosodium Glutamate Market?
Please note: For this report, the purchase of an Enterprise license allows up to ten worldwide users of an organization access to the report
Please note: This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website.
With the purchase of this report at the Multi-user License or greater level, you will have access to one hour with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This will need to be used within three months of purchase.
This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.
Table of Contents
1. Preface
2. Research Methodology
4. Market Overview
5. Market Insights
6. Monosodium Glutamate Market, by Grade
7. Monosodium Glutamate Market, by Sales Channel
8. Monosodium Glutamate Market, by Application
9. Monosodium Glutamate Market, by End-User Industry
10. Americas Monosodium Glutamate Market
11. Asia-Pacific Monosodium Glutamate Market
12. Europe, Middle East & Africa Monosodium Glutamate Market
13. Competitive Landscape
14. Competitive Portfolio
15. Appendix
List of Figures
List of Tables
Companies Mentioned
- Ajinomoto Co., Inc.
- AJINORIKI Msg (M) Sdn Bhd
- Arshine Pharmaceutical Co., Limited
- Cargill, Incorporated
- COFCO Biotechnology Co., Ltd.
- Daesang Corporation
- Foodchem International Corporation
- Fooding Group Limited
- Fufeng Group Company Limited
- Global Bio-chem Technology Group Company Limited
- Guangzhou ZIO Chemical Co., Ltd.
- Henan Brilliant Biotech Co., Ltd.
- Hugestone Enterprise Co., Ltd.
- Linghua Group Limited
- Meihua Holdings Group Co., Ltd
- Merck KGaA
- Nassau Foods, Inc.
- Ningxia Eppen Biotech Co. Ltd.
- NM Enterprises
- Prakash Chemicals Agencies Pvt. Ltd.
- Puramate India Pvt. Ltd.
- Qingdao Longfeng Chemical Co., Ltd.
- Tag Ingredients India Pvt. Ltd.
- VEDAN International (Holdings) Limited
Methodology
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 192 |
| Published | March 2024 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 8.01 Billion |
| Forecasted Market Value ( USD | $ 11.52 Billion |
| Compound Annual Growth Rate | 6.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 24 |
