Glumatic Acid and Monosodium Market

Monosodium glutamate (MSG, also known as sodium glutamate) is the sodium salt of glutamic acid, one of the most abundant naturally occurring non-essential amino acids. Glutamic acid is found naturally in tomatoes, grapes, cheese, mushrooms and other foods.MSG is used in the food industry as a flavor enhancer with an umami taste that intensifies the meaty, savory flavor of food, as naturally occurring glutamate does in foods such as stews and meat soups. It was first prepared in 1908 by Japanese biochemist Kikunae Ikeda, who was trying to isolate and duplicate the savory taste of kombu, an edible seaweed used as a base for many Japanese soups. MSG as a flavor enhancer balances, blends, and rounds the perception of other tastes.

Glumatic Acid and Monosodium Market aims to provide a comprehensive presentation of the global market for Glumatic Acid and Monosodium, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Glumatic Acid and Monosodium. Glumatic Acid and Monosodium Market contains market size and forecasts of Glumatic Acid and Monosodium in global, including the following market information:

Global Glumatic Acid and Monosodium Market Revenue, 2018-2023, 2024-2032, ($ millions)

Global Glumatic Acid and Monosodium Market Sales, 2018-2023, 2024-2032, (K MT)

Global top five Glumatic Acid and Monosodium companies in 2022 (%)

The global Glumatic Acid and Monosodium market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Shift of consumer preference towards processed food consumption owing to hectic lifestyles is a key point to drive market. Processed food is seen as an easy availability to consumers with the increase in middle class disposable income levels. This factor is likely to favor processed food industry growth over the next few years. Increasing keenness towards consuming food containing natural minerals and additives such as bulking agents, antioxidants, antifoaming agents, among other coupled with increasing health consciousness by the consumer are likely to favour monosodium & glutamic acid market in future. Asia-Pacific has the highest market share for MSG and glumatic acid, the India and China food processing industries are estimated to witness a growth over the forecast period.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Glumatic Acid and Monosodium manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Glumatic Acid and Monosodium Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K MT)

Global Glumatic Acid and Monosodium Market Segment Percentages, by Type, 2022 (%)

Meats

Cereals

Soy Protein

Certain Algae

Global Glumatic Acid and Monosodium Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K MT)

Global Glumatic Acid and Monosodium Market Segment Percentages, by Application, 2022 (%)

Food Processing

Animal Feed

Medical &Pharmaceutical

Global Glumatic Acid and Monosodium Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K MT)

Global Glumatic Acid and Monosodium Market Segment Percentages, By Region and Country, 2022 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Glumatic Acid and Monosodium revenues in global market, 2018-2023 (Estimated), ($ millions)

Key companies Glumatic Acid and Monosodium revenues share in global market, 2022 (%)

Key companies Glumatic Acid and Monosodium sales in global market, 2018-2023 (Estimated), (K MT)

Key companies Glumatic Acid and Monosodium sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

Ajinomoto

Sunrise Nutrachem Group

Royal DSM

Shaanxi Sciphar Hi-tech Industry

Prinova

Global Bio-chem Technology Group Company Limited

Tokyo Chemical Industry

Outline of Major Chapters:

Chapter 1: Introduces the definition of Glumatic Acid and Monosodium, market overview.

Chapter 2: Global Glumatic Acid and Monosodium market size in revenue and volume.

Chapter 3: Detailed analysis of Glumatic Acid and Monosodium manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Glumatic Acid and Monosodium in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Glumatic Acid and Monosodium capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.