Global Monosodium Glutamate (MSG) Market Growth 2023-2029

Global Monosodium Glutamate (MSG) Market Growth 2023-2029

Monosodium Glutamate (MSG), is sodium salt of the common amino acid glutamic acid. MSG is found in tomatoes, Parmesan cheese, potatoes, mushrooms, and other vegetables and fruits, which is produced in laboratory by the fermentation of some carbohydrate based products like molasses.

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

This Insight Report provides a comprehensive analysis of the global Monosodium Glutamate (MSG) 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 Monosodium Glutamate (MSG) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Monosodium Glutamate (MSG) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Monosodium Glutamate (MSG) 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 Monosodium Glutamate (MSG).

The global Monosodium Glutamate (MSG) market size is projected to grow from US$ 5143.6 million in 2022 to US$ 7849.4 million in 2029; it is expected to grow at a CAGR of 7849.4 from 2023 to 2029.

Global Monosodium Glutamate (MSG) key players include Fufeng, Meihua, EPPEN, Lotus, Qilu, etc. Global top five players hold a share about 85%.

China is the largest market, with a share about 45%, followed by Southeast Asia and Europe, having a total share about 30 percent.

In terms of product, the segment includes Monosodium Glutamate, Salted Monosodium Glutamate, Special Monosodium Glutamate. And in terms of application, the largest application is Food Manufacturing, followed by Catering, Family.

This report presents a comprehensive overview, market shares, and growth opportunities of Monosodium Glutamate (MSG) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Monosodium Glutamate

Salted Monosodium Glutamate

Special Monosodium Glutamate

Segmentation by application

Food Manufacturing

Catering

Family

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.

Fufeng Group Company

Meihua Biological Technology

Ningxia EPPEN Company

Henan Lotus Gourmet Powder

Shandong Qilu Group Company

Shandong Xinle Bioengineering

Fujian Wuyi MSG Company

Ajinomoto Group Company

Great American Spice Company

McCormick and Company

Key Questions Addressed in this Report

What is the 10-year outlook for the global Monosodium Glutamate (MSG) market?

What factors are driving Monosodium Glutamate (MSG) market growth, globally and by region?

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

How do Monosodium Glutamate (MSG) market opportunities vary by end market size?

How does Monosodium Glutamate (MSG) 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.