Monosodium Glutamate Market Overview:
Commenting on this report, an analyst from Market Research Future (MRFR)’s team said, “Global Monosodium glutamate market size is expected to grow at USD 6,200 Million by 2022. The market witnessed a significant growth over the forecasted period owing to growing applications such as into additives, flavor enhancers, acidity regulators, preservatives, and others across various industries.
Monosodium glutamate, which is an amino acid with the linear formula C5H8NNaO4 • H2O is an important industrial chemical to enhance flavor of foods monosodium glutamate commonly used in fast foods. It is available in powder as well as in granules form.
The major driving factors of monosodium glutamate market are growing demand from food industries in addition, the increasing demand from the food, pharmaceutical is expected to fuel market growth of monosodium glutamates in near future. Health issues due to consumption of monosodium glutamates are expected to hamper the growth of monosodium glutamates.
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Monosodium Glutamate Market Key Players:
Market Research Future (MRFR) recognizes the following companies as the key players in the global monosodium glutamate market: Fufeng Group (China), AJINOMOTO Co.Inc.(Japan), Vedan International (Holdings) Limited. (Hong Kong), Ningxia Eppen Biotech Co. (China), KYOWA HAKKO BIO CO.LTD. (Japan), Shandong Linghua MSG Co., Ltd (China), Shandong Qilu Biotechnology Group (China), Shandong Shenghua Group (China), Jianyang Wuyi MSG Co. Ltd. (China)and others.
Monosodium Glutamate Market Segment Analysis:
The global monosodium glutamate market has been segmented into application and end use industries. On the basis of application, the market has been divided into additives, flavor enhancers, acidity regulators, preservatives, and others. Among these applications, additives and flavor enhancer have cover the largest market followed by acidity regulators, preservatives, and others. In 2015, additives as in application accounted the market share of 28% whereas flavor enhancer acquired 24%. Geographically, Asia-Pacific is estimated to be the largest market in terms of value and volume. The dominance of China in APAC as well as global market is fueling the global demand. Moreover, Europe and North American market would be a small market for MSG which consumes combines 15% of the total market.
From the end use industries, the global monosodium glutamate market has been divided into food processing industry, cosmetic industry, pharmaceutical industry, animal feed, and others. Among the end use industries, food processing and cosmetic have acquired the largest market share in 2015 owing to its increasing demand from the growing economies, especially from China. The growing demand from end use industries have augmented the market for monosodium glutamate which will further have a positive impact during the forecast period.
Monosodium Glutamate Market Regional Analysis
Asia Pacific is the largest market of monosodium glutamate due to demand in various applications such as additives, flavor enhancers in China region followed by Japan. Increasing demand for fast food in the Indian, Taiwan, and South Korea has made Asia Pacific largest consumer of the global monosodium glutamate market followed by increasing in the consumption of monosodium glutamate market in North America region. The third largest market of monosodium glutamate is Europe. Latin America and Middle East also witnessed in growth of monosodium glutamate market due to various application such as additives, flavor enhancers, acidity regulators, preservatives, and others.
Monosodium Glutamate Market Table of Content:
1 Executive Summary
2 Scope of The Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview of Global Monosodium Glutamate Market
Monosodium Glutamate Market Table of Content to be Continue……,
Monosodium Glutamate Market List of Tables:
Table 1 World Population By Major Regions (2015 To 2030) (Million)
Table 2 Global Monosodum Glutamate Market: By Region, 2014-2022 (USD Million)
Table 3 North America Monosodum Glutamate Market: By Country, 2014-2022 (USD Million)
Table 4 Europe Monosodum Glutamate Market: By Country, 2014-2022 (USD Million)
Table 5 Asia-Pacific Monosodum Glutamate Market: By Country, 2014-2022 (USD Million)
Monosodium Glutamate Market List of Tables to be Continue……,
Monosodium Glutamate Market List of Figures to be Continue……,
FIGURE 1 Global Monosodum Glutamate Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis Of Global Monosodum Glutamate Market
FIGURE 4 Value Chain Of Global Monosodum Glutamate Market
FIGURE 5 Share Of Global Monosodum Glutamate Market In 2014, By Country (In %)
Monosodium Glutamate Market List of Figures to be Continue……,
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