Expert Market Research’s new report titled “Global Sodium Glutamate Market Size, Share, Price, Trends, Growth, Report and Forecast 2021-2026”, provides an in-depth analysis of the global Sodium Glutamate Market, assessing the market on the basis of its segments like application and major regions. The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.

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Key highlights of the report include:

Market Overview (2014-2026)

• Historical market size (2020): 3.99 billion USD
• Forecast CAGR (2021-2026): 5%
• Forecasted market size (2026): 5.34 billion USD

Monosodium glutamate is a food additive commonly used in various dishes and packaged food products, such as chips, soups, bouillon cubes, barbecue sauces, sauces, ketchup, soy sauce and canned beef, among others, as a flavor enhancer. During the projected period, Asia-Pacific is expected to grow rapidly, accounting for a large share of the market. Increased consumption of glutamate salts is observed in the region, especially in the production of meat and other protein-rich food products. In Chinese and Japanese cuisine, MSG is widely used to prepare a variety of dishes, especially fast foods. The growing demand for packaged foods in the region and the boom in the food industry are contributing significantly to the growth in consumption. Business development is also fueled by the increased development of MSG in countries like China, Indonesia, and Korea, among others.

Industry definition and major segments

Sodium glutamate, also abbreviated as MSG (monosodium glutamate), is one of the most widely used flavor enhancers in the food industry. It is the sodium salt of glutamic acid in chemical terms. MSG brings a special umami flavor to the taste of food. It is also known by other names, including Ajinomoto, its trade name.

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The industry can be broadly categorized based on its application into:

• Food preparation
• Restaurants and institutional food service providers
• Animal feed
• Others

Regional markets for monosodium glutamate include:

• North America
• Europe
• Asia Pacific
• Latin America
• The Middle East and Africa

Market trends

The demand for sodium glutamate has been mainly dominated by the food industry, where it is used as a food additive. MSG is used in different dishes, such as barbecue sauces, salad dressings, gravies, spice blends, desserts, bouillon cubes, sauces, ketchup, soy sauce, and canned beef. Sodium glutamate is used as a flavor enhancer. Sodium glutamate is widely used in Chinese food products, Japanese recipes, and quick snacks, among others. The biggest opportunity for the MSG industry has been the increased demand for Chinese food products combined with the growing demand for fast food snacks. However, during the forecast period, health issues, problems and symptoms such as headaches, rashes, nausea, tingling in the mouth among consumers are expected to hamper the market growth.

Main market players

Major market players are Ningxia Eppen Biotech Co., Ltd, COFCO Biochemical, Ajinomoto Co., Inc., Meihua Holdings Group Co., Ltd, Cargill, Incorporated and others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

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