Global Glumatic Acid and Monosodium Market Growth 2023-2029

Global Glumatic Acid and Monosodium Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Glumatic Acid and Monosodium Industry Forecast” looks at past sales and reviews total world Glumatic Acid and Monosodium sales in 2022, providing a comprehensive analysis by region and market sector of projected Glumatic Acid and Monosodium sales for 2023 through 2029. With Glumatic Acid and Monosodium sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Glumatic Acid and Monosodium industry.

This Insight Report provides a comprehensive analysis of the global Glumatic Acid and Monosodium landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Glumatic Acid and Monosodium portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Glumatic Acid and Monosodium market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Glumatic Acid and Monosodium and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Glumatic Acid and Monosodium.

The global Glumatic Acid and Monosodium market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Glumatic Acid and Monosodium market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Meats
Cereals
Soy Protein
Certain Algae

Segmentation by application
Food Processing
Animal Feed
Medical &Pharmaceutical

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Ajinomoto
Sunrise Nutrachem Group
Royal DSM
Shaanxi Sciphar Hi-tech Industry
Prinova
Global Bio-chem Technology Group Company Limited
Tokyo Chemical Industry

Key Questions Addressed in this Report

What is the 10-year outlook for the global Glumatic Acid and Monosodium market?

What factors are driving Glumatic Acid and Monosodium market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Glumatic Acid and Monosodium market opportunities vary by end market size?

How does Glumatic Acid and Monosodium break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.