Global monosodium glutamate (MSG) market is anticipated to grow at a considerable CAGR of 5.3% during the forecast period (2024-2031). The rising demand for MSG in developing nations owing to the shifting consumer tastes and lifestyles is a key factor driving the global market. Novel product formulations, such organic MSG and low-sodium substitutes, provide opportunities for market distinctiveness and cater to a wide range of consumer demands. Additionally, MSG producers have a chance to meet consumer expectations by investing in environmentally responsible production practices and sustainable sourcing due to the shift toward natural and clean label products.
In March 2023, new study found out that consumer sentiment toward monosodium glutamate (msg) is shifting positively as a recent report published by the World Health Organization. Consumers now view monosodium glutamate (MSG) positively as MSG is a valuable tool for creating foods that can meet sodium reduction needs, while still tasting delicious. This is considered as the major market driver for purchasing decisions.
To cater the growing demand for MSG product, in January 2023, Ajinomoto India plans to expand its market presence in the northern and western regions in India by expanding sales network. Currently, Ajinomoto products are sold in the southern states such as Tamil Nadu, Andhra Pradesh, Kerala and in the north-eastern regions, where average consumption of noodles is high and now the company has planned to expand market presence in parts of North and West India.
To Request a Sample of our Report on Monosodium Glutamate (MSG) Market: https://www.omrglobal.com/request-sample/monosodium-glutamate-msg-market
Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By Application
- By Sales Channel
- By End-user
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- includes Ajinomoto Co. Inc., Ningxia Eppen Biotech Co. Ltd., Kyowa Kirin Co. Ltd., Linghua Group Ltd., Kerry Group plc. and Fufeng Group, among others.
Monosodium Glutamate (MSG) Market Report Segment
By Application
- Preservatives
- Additives
- Acidity Regulators
- Flavour Enhancers
By Sales Channel
- B2B
- B2C (Supermarket and Online Stores)
By End-user
- Food Processing and Service Industry
- Cosmetics Industry
- Livestock and Pet Food Industry
- Others (Retail sector)
A full Report of Monosodium Glutamate (MSG) Market is Available @ https://www.omrglobal.com/industry-reports/monosodium-glutamate-msg-market
Monosodium Glutamate (MSG) Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Arshine Pharmaceutical Co.
- Foodchem International Corp.
- Fufeng Group
- Global Bio-Chem Technology Group Company Ltd.
- Great American Spice Company
- Kerry Group plc.
- Linghua Group Ltd.
- Meihua Holdings Group Co. Ltd.
- Prinova Group LLC.
- Puramate
- Sunrise Nutrachem Group Co. Ltd.
- Tate & Lyle
- Vedan International (Holdings) Ltd.
Reasons to buy from us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
- Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/monosodium-glutamate-msg-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
