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monosodium glutamate market
Monosodium glutamate market was valued at $4.4 billion in 2021, and is estimated to reach $9.8 billion by 2031, growing at a CAGR of 8.5% from 2022 to 2031.
The growing demand for MSG from the food and beverage industry is the main factor driving growth of the global monosodium glutamate market.” - Allied Market Research
PORTLAND, OREGON, UNITED STATES, September 26, 2023/EINPresswire/ -- The growing demand for MSG from the food and beverage industry is the main factor driving growth of the global monosodium glutamate market . Also, a rise in eateries is anticipated to fuel industry expansion. However, it is anticipated that broad misunderstanding of MSG side effects, such as headaches and other unpleasant sensations, may impede market expansion. The desire from consumers for items without MSG has led to various products and restaurants claiming to use no added MSG.
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The key players profiled in this report include HIYA INTERNATIONAL, PURAMAT, MEIHUA HOLDINGS GROUP CO., LTD, Fufeng Group, Ningxia Eppen Biotech Co., Ltd, Linghua Group Limited, Vedan International (Holdings) Limited., Arshine Pharmaceutical Co., Ajinomoto, Global Bio-Chem Technology Group Company Limited, Glutamate Association, Cargill, Incorporated, COFCO Biochemical, Foodchem International Corporation and PRAKASH CHEMICALS AGENCIES PVT. LTD.
Monosodium glutamate (MSG) is the sodium salt of glutamic acid, one of the most abundant naturally occurring non-essential amino acids. Tomatoes, Parmesan cheese, potatoes, mushrooms, and other vegetables, meat, dairy products, and fruits all naturally contain glutamate. Similar to how naturally occurring glutamate does in dishes such as stews and meat soups, MSG is utilized in the food business as a flavor enhancer with an umami taste that intensifies the meaty, savory flavor of food. As a flavor enhancer, MSG balances and combines the perception of other tastes. It is particularly common in Japanese and Chinese cuisine. Thus, increasing use of flavor enhancers in food service industry are likley to supplement for the monosodium glutamate market growth.
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Monosodium glutamate offers more benefits from a health and nutritional perspective. MSG can cause the human brain to produce a delightful experience. It is abundantly present in protein-rich food. After being consumed, monosodium glutamate causes the body to produce glutamic acid, a type of amino acid found in all proteins and beneficial to human health. Monosodium glutamate can increase delicate flavor in cooked food, improve appetite of the eater, stimulate secretion of human digestive juice and contribute to digestive absorption of the food in human body. Sodium glutamate blends flawlessly with meat, fish, poultry, different types of vegetables, spices, soups, and marinades to enhance the flavor of certain food. Additionally, sodium glutamate interacts with salt (sodium chloride) and other delicate flavoring ingredients (such as nucleotide). It should use the appropriate concentration in order to produce the best flavor. These qualities make sodium glutamate suitable for use in lowering salt intake (sodium). Sodium glutamate can still enhance the flavor of low-salt meals even though the amount of salt has been lowered by 30%.
According to the monosodium glutamate market analysis, the monosodium glutamate market is segmented into end user, sales channel, and region. By end user, it is segregated into food processing & services industry, livestock & pet food industry, retail sector and others. On the basis of sales channel, it is segmented into business to business and business to consumers. The business to consumer segment is further segregated into supermarket/hypermarket, online stores and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, France, Spain, Italy, Russia, Germany and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East and Africa).
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According to the monosodium glutamate market trends, depending on sales channel, the business to consumer segment was valued at $1,000.8 million in 2021 and is expected to grow at highest CAGR of 9.4%. Monosodium glutamate demand is being further boosted by rising home consumption through supermarkets, hypermarkets, online retailers, and other outlets. The business to consumer segment is expected to drive the expansion of the monosodium glutamate market due to the availability of food additives in retail packaging and the expanding use of flavor enhancers in home meal preparation.
The players operating in the monosodium glutamate industry have adopted product launch and business expansion as their key developmental strategies to expand their market share, increase profitability, and remain competitive in the market and gain monosodium glutamate market opportunities.
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Key finding of the study
By end user, the retail sector segment is estimated to witness significant growth, registering a CAGR of 9.4% during the forecast period.
In 2021, depending on sales channel, the online stores segment is expected to grow at a CAGR of 10.0%.
In 2021, the China was the most prominent market in Asia-Pacific and is projected to grow at a CAGR of 7.9% during the forecast period.
David Correa
Allied Analytics LLP
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