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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.
Scope of the Report:
First, World MSG capacity has rapidly expanded in recent years. World production and consumption of MSG have also recently increased significantly. The primary worldwide use of MSG is as a flavor enhancer in food. MSG functions as a basic flavor, referred to as umami in Japan. Virtually all MSG is consumed in the production of foods. A negligible amount of MSG is used in animal feeds. The recent rapid increases in world production and consumption of MSG are related to rapid increases in Chinese production and consumption. MSG capacity is largely concentrated in Asia, where feed stocks and labor are abundant and inexpensive and where demand is highest. Asian production accounted for more than 90% of world MSG production now.
Second, many companies have several plants, usually close to aimed consumption market. There are international companies set up factories in China too, such as Ajinomoto.
Third, all manufactures in the world are committed to the improvement of product. These two years, some Chinese manufactures can almost catch up with the world's leading technology too.-
Fourth, the import and export percent of this industry is not high. And many international manufactures expand their business through building factories or investments.
Fifth, company mergers and acquisitions, and inter-companies cooperation have occurred for development and growth. As the downstream consumption usually follows with developed and rapid economic growth areas, the developed areas' company prefers investing to underdevelopment regions these years.
Sixth, this industry is affected by the economy and policy, so it's important to put an eye to economic indexes and leaders' prefer. With the global economic recovery, more and more people pay attention to rising environment standards, especially in underdevelopment regions that have a large population and fast economic growth, the need of Monosodium Glutamate (MSG) will increase.
Seventh, we tend to believe this industry now is close to mature, and the consumption increasing degree will show a smooth curve. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
The worldwide market for Monosodium Glutamate (MSG) is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Monosodium Glutamate (MSG) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- 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 & Company
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Monosodium Glutamate
- Salted Monosodium Glutamate
- Special Monosodium Glutamate
Market Segment by Applications, can be divided into
- food Manufacturing
- Catering
- Family
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Monosodium Glutamate (MSG) product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Monosodium Glutamate (MSG), with price, sales, revenue and global market share of Monosodium Glutamate (MSG) in 2017 and 2018.
Chapter 3, the Monosodium Glutamate (MSG) competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Monosodium Glutamate (MSG) breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Monosodium Glutamate (MSG) market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Monosodium Glutamate (MSG) sales channel, distributors, customers, research findings and conclusion, appendix and data source.