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Other than the food industry, it is also used in medical/pharmaceutical applications. Medical applications include parenteral nutrition, for congenital metabolic diseases and as a hypertension neuroregulator. Monosodium Glutamateis also used in animal feed in negligible amounts.
Monosodium Glutamate Market:Market Dynamics
The growing preference towards processed food and fast food, owing to hectic lifestyles is expected to remain a key driving factor for the global monosodium glutamate marketin the forecast period. The manufacturing of monosodium glutamate has shifted from the extraction method to the fermentation method, as this method can be used for large scale production while maintaining a low per-unit cost. Thus owing to an increase in the profit margin, which has largely impacted growth of the monosodium glutamate market. However, health concerns associated with the consumption of MSG, such as headache, sweating, chest pain, nausea, and skin rashamong consumers and its regulation by regional FDA (Food & Drug Administration) authorities are anticipated to be a restraint to the monosodium glutamate market.
Monosodium Glutamate Market: Regional Outlook
The global monosodium glutamate (MSG) market is fragmented within certain companies. Competition within these companies is on the basis of the price. China is a major consumer and producer of monosodium glutamate. After China, Japan is a major consumer for the monosodium glutamate market. Increasing demand for fast food in the Indian subcontinent and South East Asia has made Asia Pacific a major consumer segment of the monosodium glutamate market.Asia Pacific is followed by North America in terms of consumption, as the U.S. has substantial demand for monosodium glutamate owing to huge demand from the food manufacturing sectorand the increasing demand for Asian food. Europe has a significant demand for monosodium glutamate due to the growing food manufacturing sector in this region. The rest of the global market also showing a positive influence on the market growth of the monosodium glutamate market in the forecast period.
Monosodium Glutamate Market: Market Participants
Examples of some of the market participants in the global monosodium glutamate market, identified across the value chain are:
- Fufeng Group
- Ajinomoto Co., Inc
- Sunrise Nutrachem Group
- Meihua Holdings Group
- Eppens.Cn
- Vedan International (Holdings) Limited
- Global Bio-Chem Technology Group Company Limited
The report covers exhaust analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
Segmentation of the monosodium glutamate market on the basis of end use industry:
- Food Processing Industry
- Medical/pharmaceutical industry
- Livestock Industry
- Cosmetic Industry
Segmentation of the monosodium glutamate market on the basis of application:
- Additives
- Preservatives
- Flavor enhancers
- Acidity regulators
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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