Monosodium glutamate (MSG) is used as a food additive, commonly marketed as a flavor enhancer. China has become the world’s largest MSG producer in recent years. Meanwhile, MSG market in China has gradually become saturated. China's MSG consumption volume per capita has been increasing in the past five years and reaches about 1.2 kg at present.
With intense competition in MSG industry in China, MSG industry has gained low profit in recent years. Since China has begun MSG industrial integration and raised environmental threshold, small-scale MSG manufacturers have been phased out and more will be washed out in the future. Competition driven by the bright market prospects among MSG manufacturers in China will be more intense.
MSG price has increased slightly in last 3 years in China. With robust demand for MSG in the world in next five years, MSG capacity and output in China will increase slightly.
In this report, you can obtain the latest info about MSG market and in-depth analysis on MSG industry in China. CCM will provide a detailed introduction and summary about the past, present, and future situation of MSG production, import/export, consumption, technology innovation of MSG in China to help readers understand the actual situation of China’s MSG market. Based on in-depth investigation, CCM forecasts the production and demand of MSG in China to 2014.
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