Production and Market of Monosodium Glutamate (MSG) in China
Through eliminating outdated capacities, the capacity of monosodium glutamate (MSG) reduced in 2014. And affecting by the raw materials in upstream and overall social and economic environment, the output also decreased in 2014 compared with that in 2013. After the standardization and integration of MSG industry, the Chinese government also continues to help MSG develop in a healthy way. This report- Production and Market of Monosodium Glutamate (MSG) in China helps clients to clearly know how the domestic MSG industry going and find a new growth point of traditional MSG industry.
Affected by the drought and the shortage of raw material supply, the MSG price increased in 2014. And the emergence of many kinds of substitutes has a certain influences to the MSG consumption. It has formed a situation that the two largest companies monopolies the domestic MSG market, many producers in first tier cities have transferred to OEM packaging. MSG, as one of necessary condiments in China, will exist for a long time with stable development.
This report offers the capacity, output and consumption data of MSG in China and to analyze the price fluctuation by tracing domestic producers’ production situation in detail. Besides, it also reasonably forecasts the market situation in the next five years with several historical data, helping clients to make production or investment plan.