Monosodium L-glutamate (MSG) is an active form of monosodium glutamate having L-configuration. It is the sodium salt of glutamic acid, which is a non-essential amino acid. High levels of MSG are primarily found in multiple food sources, such as seaweed, parmesan cheese, soy sauce, and tomatoes. Monosodium L-glutamate is a food additive that is used to improve the taste or odour of food. Besides, Monosodium L-glutamate is used as preservatives and acidity controllers.
MARKET DYNAMICS
Rising demand for food processing industries is the key factor anticipated to drive the Monosodium L-glutamate market growth during the forecast period. Besides, the growing demand for Monosodium L-glutamate from emerging countries is the critical trend expected to bolster the market growth. However, high consumption of monosodium glutamate is likely to cause health issues such as skin rashes, headaches, rapid heartbeat, and intense thirst, which is expected to hamper the market growth.
MARKET SCOPE
The "Global Monosodium L-Glutamate Market Analysis to 2028" is a specialized and in-depth study of the food and beverage industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the monosodium L-glutamate market with detailed market segmentation by source and application. The global monosodium L-glutamate market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading monosodium L-glutamate market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global monosodium L-glutamate market is segmented into source and application. By source, the monosodium L-glutamate market is classified into Tomato, Cheese, Others. By application, the monosodium L-glutamate market is classified into Food & Beverages and Others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global monosodium L-glutamate market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The monosodium L-glutamate market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the monosodium L-glutamate market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the monosodium L-glutamate market in these regions.
MARKET PLAYERS
The report covers vital developments in the monosodium L-glutamate market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the monosodium L-glutamate market are anticipated to lucrative growth opportunities in the future with the rising demand for monosodium L-glutamate in the global market. Below mentioned is the list of few companies engaged in the monosodium L-glutamate market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the monosodium L-glutamate market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- R. M. Chemicals
- Meihua Holdings Group
- Sunrise Nutrachem Group
- Fufeng Group
- Ningxia Eppen Biotech Co.
- KYOWA HAKKO BIO CO.LTD.
- Shandong Linghua MSG Co. ltd.
- Vedan International
- B&G Foods Inc.
- Ajinomoto
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