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Monosodium Glutamate Market Size, Share, and Analysis, By Market Source (Sugar Cane or Molasses, Tomatoes, Cheese), By Product (Monosodium Glutamate, Salted Monosodium Glutamate, Special Monosodium Glutamate), By Application (Additives, Preservatives, Fla

Publisher Fatpos Global
Published Sep 01, 2023
Length 338 Pages
SKU # FAGL18255694

Description

Monosodium Glutamate Market Size, Share, and Analysis, By Market Source (Sugar Cane or Molasses, Tomatoes, Cheese), By Product (Monosodium Glutamate, Salted Monosodium Glutamate, Special Monosodium Glutamate), By Application (Additives, Preservatives, Flavor enhancers, Acidity regulators and others), By End User (Food Processing Industry, Medical/pharmaceutical industry, Livestock Industry, Cosmetic Industry and Others) and Regional Forecasts, 2022-2032


Monosodium Glutamate Market Size, Share, and Analysis, By Market Source (Sugar Cane or Molasses, Tomatoes, Cheese), By Product (Monosodium Glutamate, Salted Monosodium Glutamate, Special Monosodium Glutamate), By Application (Additives, Preservatives, Flavor enhancers, Acidity regulators and others), By End User (Food Processing Industry, Medical/pharmaceutical industry, Livestock Industry, Cosmetic Industry and Others) and Regional Forecasts, 2022-2032

PRODUCT OVERVIEW

The Monosodium Glutamate market size was USD 5.63 billion in 2021 and projected to grow from USD 6.4 billion in 2023 to USD 11.2 billion by 2032, exhibiting a CAGR of 6.5 % during the forecast period.

The sodium salt of glutamic acid is called as Monosodium glutamate (MSG). It is a nonessential amino acid. The usage of Monosodium glutamate is recognized as safe by United States Food and Drug Administration (USFDA). Food products containing high levels of monosodium glutamate are parmesan cheese, seaweed, tomatoes, soy sauce etc. Monosodium glutamate is widely utilized in several food items at fast-food centers, restaurants, mostly in non-veg dishes. It is used in commercially packaged food items like cheese-flavored chips, canned soup, crackers, gravy mixes, instant noodles, or pre-prepared gravies.

MARKET HIGHLIGHTS

The Monosodium Glutamate Market is expected to reach USD 11.2 billion at a CAGR of 6.5% during forecast period owing to the rising usage of monosodium glutamate in cooking of meat products, seasonings, soups, noodles, broth, dressings etc. which are at a high demand and are aiding for the growth of the monosodium glutamate market during the forecast period. Monosodium glutamate is used for enhancing the flavor and shelf life of the food. Glutamate is an essential amino acid found in living beings and in protein-containing foods like seafood, dairy products, vegetables, mushrooms, fruits and nuts etc.

Global Monosodium Glutamate Market Segments:
  • By Market Source
  • Sugar Cane or Molasses
  • Tomatoes
  • Cheese
  • By Product
  • Monosodium Glutamate
  • Salted Monosodium Glutamate
  • Special Monosodium Glutamate
  • By Application
  • Additives, Preservatives
  • Flavor enhancers
  • Acidity regulators
  • Others
  • By End-User
  • Food Processing Industry
  • Medical/pharmaceutical industry
  • Livestock Industry
  • Cosmetic Industry
  • Others
MARKET DYNAMICS

Growth Drivers

Rising Demand for Processed Food is Expected to Boost the Growth of the Market

Increasing utilization in Restaurants is Expected to Boost the Growth of the Market

Restraint

Increasing Health Concerns May Restrain the Market Growth

Key Players
  • Cargill Inc
  • Fufeng Group
  • Kerry Group
  • Meihua Holdings Group Co Ltd
  • COFCO
  • R.M. Chemicals
  • Ningxia Eppen Biotech Co Ltd
  • Global Bio-Chem Technology Group Company Limited
  • Sunrise Nutrachem Group
  • Eppens. Cn
  • Gremount International Company Limited
  • Tate & Lyle Plc
  • Glutamate Association
  • Vedan International
  • Ajinomoto Co Inc
  • Other Prominent Players
(Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)

Global Laboratory Temperature Control Units Market is further segmented by region into:
  • North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
  • Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
  • Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Reasons to Purchase this Report
  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 3-month post-sales analyst support.

Table of Contents

338 Pages
1 Executive Summary
1.1. Regional Market Share
1.2. Business Trends
1.3. Monosodium Glutamate Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2 Research Methodology
2.1. Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1. Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3 Market Characteristics
3.1. Market Definition
3.2. Monosodium Glutamate Market: COVID-19 Impact
3.3. Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4 Monosodium Glutamate Market – Industry Insights
4.1. Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5 Macroeconomic Indicators
6 Recent Developments
7 Market Dynamics
7.1. Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4. Market Restraints
7.5. Market Trends
8 Risk Analysis
9 Market Analysis
9.1. Porters Five Forces
9.2. PEST Analysis
9.2.1. Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10 Monosodium Glutamate Market
10.1. Overview
10.2. Historical Analysis (2016-2020)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11 Monosodium Glutamate Market Size & Forecast 2022A-2032F
11.1. Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1. By Market Source
11.3.1.1. Sugar Cane or Molasses
11.3.1.1.1. By Value (USD Million) 2022-2032F
11.3.1.1.2. Market Share (%) 2022-2032F
11.3.1.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.2. Tomatoes
11.3.1.2.1. By Value (USD Million) 2022-2032F
11.3.1.2.2. Market Share (%) 2022-2032F
11.3.1.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.3. Cheese
11.3.1.3.1. By Value (USD Million) 2022-2032F
11.3.1.3.2. Market Share (%) 2022-2032F
11.3.1.3.3. Y-o-Y Growth (%) 2022-2032F
11.3.2. By Product
11.3.2.1. Monosodium Glutamate
11.3.2.1.1. By Value (USD Million) 2022-2032F
11.3.2.1.2. Market Share (%) 2022-2032F
11.3.2.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.2. Salted Monosodium Glutamate
11.3.2.2.1. By Value (USD Million) 2022-2032F
11.3.2.2.2. Market Share (%) 2022-2032F
11.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.3. Special Monosodium Glutamate
11.3.2.3.1. By Value (USD Million) 2022-2032F
11.3.2.3.2. Market Share (%) 2022-2032F
11.3.2.3.3. Y-o-Y Growth (%) 2022-2032F
11.3.3. By Application
11.3.3.1. Additives
11.3.3.1.1. By Value (USD Million) 2022-2032F
11.3.3.1.2. Market Share (%) 2022-2032F
11.3.3.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.2. Preservatives
11.3.3.2.1. By Value (USD Million) 2022-2032F
11.3.3.2.2. Market Share (%) 2022-2032F
11.3.3.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.3. Flavor enhancers
11.3.3.3.1. By Value (USD Million) 2022-2032F
11.3.3.3.2. Market Share (%) 2022-2032F
11.3.3.3.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.4. Acidity regulators
11.3.3.4.1. By Value (USD Million) 2022-2032F
11.3.3.4.2. Market Share (%) 2022-2032F
11.3.3.4.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.5. Others
11.3.3.5.1. By Value (USD Million) 2022-2032F
11.3.3.5.2. Market Share (%) 2022-2032F
11.3.3.5.3. Y-o-Y Growth (%) 2022-2032F
11.3.4. By End User
11.3.4.1. Food Processing Industry
11.3.4.1.1. By Value (USD Million) 2022-2032F
11.3.4.1.2. Market Share (%) 2022-2032F
11.3.4.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.4.2. Medical/pharmaceutical industry
11.3.4.2.1. By Value (USD Million) 2022-2032F
11.3.4.2.2. Market Share (%) 2022-2032F
11.3.4.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.4.3. Livestock Industry
11.3.4.3.1. By Value (USD Million) 2022-2032F
11.3.4.3.2. Market Share (%) 2022-2032F
11.3.4.3.3. Y-o-Y Growth (%) 2022-2032F
11.3.4.4. Cosmetic Industry
11.3.4.4.1. By Value (USD Million) 2022-2032F
11.3.4.4.2. Market Share (%) 2022-2032F
11.3.4.4.3. Y-o-Y Growth (%) 2022-2032F
11.3.4.5. Others
11.3.4.5.1. By Value (USD Million) 2022-2032F
11.3.4.5.2. Market Share (%) 2022-2032F
11.3.4.5.3. Y-o-Y Growth (%) 2022-2032F
12 North America Monosodium Glutamate Market Size & Forecast 2022A-2032F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Market Source
12.3.2. By Product
12.3.3. By Application
12.3.4. By End User
12.4. Country
12.4.1. United States
12.4.2. Canada
13 Europe Monosodium Glutamate Market Size & Forecast 2022A-2032F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Market Source
13.3.2. By Product
13.3.3. By Application
13.3.4. By End User
13.4. Country
13.4.1. Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14 Asia Monosodium Glutamate Market Size & Forecast 2022A-2032F
14.1. Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Market Source
14.3.2. By Product
14.3.3. By Application
14.3.4. By End User
14.4. Country
14.4.1. India
14.4.2. China
14.4.3. South Korea
14.4.4. Japan
14.4.5. Rest of APAC
15 Middle East and Africa Monosodium Glutamate Market Size & Forecast 2022A-2032F
15.1. Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Market Source
15.3.2. By Product
15.3.3. By Application
15.3.4. By End User
15.4. Country
15.4.1. Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4. South Africa
15.4.5. Rest of Middle East and Africa
16 Latin America Monosodium Glutamate Market Size & Forecast 2022A-2032F
16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1. By Market Source
16.3.2. By Product
16.3.3. By Application
16.3.4. By End User
16.4.1. Mexico
16.4.2. Brazil
16.4.3. Rest of Latin America
17 Competitive Landscape
17.1. Company market share, 2021
17.2. Key player overview
17.3. Key stakeholders
18 Company Profiles
18.1. Cargill Inc
18.1.1. Company Overview
18.1.2. Financial Overview
18.1.3. Key Product; Analysis
18.1.4. Company Assessment
18.1.4.1. Product Portfolio
18.1.4.2. Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2. Fufeng Group
18.3. Kerry Group
18.4. Meihua Holdings Group Co Ltd
18.5. COFCO
18.6. R.M. Chemicals
18.7. Ningxia Eppen Biotech Co Ltd
18.8. Global Bio-Chem Technology Group Company Limited
18.9. Sunrise Nutrachem Group
18.10. Eppens. Cn
18.11. Gremount International Company Limited
18.12. Tate & Lyle Plc
18.13. Glutamate Association
18.14. Vedan International
18.15. Ajinomoto Co Inc
18.16. Other Prominent Players
19 Appendix
20 Consultant Recommendation

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