The Asia-Pacific to Provide Enhanced Growth Opportunities for the Expansion of the Sodium Glutamate Industry
Monosodium glutamate serves as a food additive and is widely used as a flavour enhancer in various dishes and processed food products like snacks, soups, stock cubes, barbeque sauces, gravies, ketchup, soy sauce, and canned meat, among others. The Asia-Pacific is expected to witness a robust growth over the forecast period, accounting for a significant share in the industry. The region is witnessing the increased consumption of glutamate salts, especially in the production of meat and other high protein food products. MSG is commonly used in Chinese and Japanese cooking to prepare a variety of dishes, particularly fast foods. The growing demand for processed foods across the region and the thriving food industry are significantly contributing to the growth of the market. The increased production of MSG in countries like China, Indonesia, and Korea, among others, is also propelling the market growth.
Sodium Glutamate: Market Segmentation
Sodium glutamate, often abbreviated as MSG (monosodium glutamate), is one of the most widely used flavour enhancer in the food industry. In chemical terms, it is the sodium salt of glutamic acid. MSG enhances the taste of the food products, adding a special umami flavour. It is also known by other names, including its trade name ajinomoto.Based on Application, the market is divided into:
- Food Processing
- Restaurants and Institutional Foodservice Providers
- Animal Feed
- Others
Based on region, the market is divided into:
- Food Processing
- Restaurants and Institutional Foodservice Providers
- Animal Feed
- Others
Growing Demand for Processed Food Products to Aid the Market Growth of Sodium Glutamate
The growing demand for processed food products and the advancements in the food processing sector are the major factors driving the growth of the sodium glutamate industry. The escalating consumer disposable incomes and the growing consumption of fast foods, particularly in emerging nations are significantly contributing to the industry growth. The expanding food outlets and the thriving food services industry are also driving the demand for food enhancers, thus, aiding the industry growth. Over the forecast period, the growing demand for online food delivery services are expected to further aid the industry growth.Key Industry Players in the Global Sodium Glutamate Market
The report gives a detailed analysis of the following key players in the global sodium glutamate market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:- Ningxia Eppen Biotech Co., Ltd
- COFCO Biochemical
- Ajinomoto Co., Inc.
- Meihua Holdings Group Co., Ltd
- Cargill, Incorporated
- Others
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Companies Mentioned
The key companies featured in this Sodium Glutamate market report include:- Ningxia Eppen Biotech Co., Ltd
- COFCO Biochemical
- Ajinomoto Co., Inc.
- Meihua Holdings Group Co., Ltd
- Cargill, Incorporated