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Report

Global Market for Monosodium Glutamate

Market Research Report I 2023-10-30 I 58 Pages I BCC Research

Description

Report Scope:

The report provides a view of the global monosodium glutamate market, focusing on its end use and functions. Definitive and detailed estimates and forecasts of the worldwide monosodium glutamate market are provided, followed by a detailed analysis of regions, countries, and manufacturers.

The global monosodium glutamate market by end use is segmented into food processing, catering industry, and others. The market is segmented by functions, including additives, flavor enhancers, acidity regulators, and others. The market size and estimations are provided in terms of value (U.S. $ millions), considering 2022 as a base year, and the market forecast is provided from 2023 to 2028.

The report also discusses the major players across each regional monosodium glutamate market. Further, it explains the global monosodium glutamate market's primary drivers, regional dynamics, and current trends across the industry. The report concludes with a detailed focus on the vendor landscape and includes complete profiles of the major players in the market.

Report Includes:

- An overview of the current and future global markets for monosodium glutamate
- Analyses of the global market trends, with historical market revenue data (sales figures) for 2022, estimates for 2023, and projections of compound annual growth rates (CAGRs) through 2028
- Estimate of the actual market size and revenue forecast for the monosodium glutamate market in USD millions, and corresponding market share analysis based on function, end-use application, and region
- In-depth information (facts and figures) pertaining to the major factors influencing the market with respect to specific growth trends, upcoming technologies, future prospects, and contributions to the overall market
- Discussion of the importance of ESG in monosodium glutamate market, including consumer attitudes, an assessment of risks and opportunities, impact of ESG factors on company performance and the ESG practices followed
- An overview of the major vendors in the global monosodium glutamate market along with an analysis of the structure of the industry, including company market shares and recent mergers and acquisitions (M&A) activity
- Analysis of the competitive landscape based on recent developments, key financials and segmental revenues, and operational integration
- Profiles of the leading market players

Executive Summary

Summary:

The global monosodium glutamate market was worth $REDACTED billion in 2022 and the market is anticipated to reach $REDACTED billion by 2028. The Asia-Pacific region accounted for the most significant global monosodium glutamate market share. The regional market is projected to have the fastest growth rate of REDACTED% through the forecast period.

The global monosodium glutamate market based on end use is segmented into food processing, catering industry, and others. In 2022, food processing had the most prominent global monosodium glutamate market share. In terms of function, the global monosodium glutamate market is segmented into additives, flavor enhancers, acidity regulators, and others. In 2022, the additives segment held the most significant global monosodium glutamate market share.

Consumer demand for convenient and processed foods continues to drive the monosodium glutamate market. As busy lifestyles and changing dietary habits lead to increased consumption of packaged and restaurant foods, the demand for flavor enhancers like monosodium glutamate remains strong. The monosodium glutamate market is expected to grow as the demand for processed foods and flavor-enhanced products persists. Consumer preferences for umami flavors and convenience will likely sustain the market's growth in the coming years.

Table of Contents
Chapter 1 Introduction
Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Methodology
Information Sources
Geographic Breakdown
Chapter 2 Summary and Highlights
Market Outlook
Summary
Chapter 3 Industry Overview
Introduction
Product Manufacturing
Regulations
Porter's Five Forces Analysis
Threat of New Entrants: Low
Bargaining Power of Suppliers: Moderate
Bargaining Power of Buyers: Moderate
Threat of Substitutes: Low
Competitive Rivalry: Moderate
Import/Export Analysis
Chapter 4 ESG Analysis
Importance of ESG
Industry ESG Performance Analysis
Case Study
Future Trends
Concluding Remarks from BCC
Chapter 5 Market Breakdown by End-Use Industry
Introduction
Food Processing
Catering Industry
Others
Chapter 6 Market Breakdown by Function
Introduction
Additives
Flavor Enhancers
Acidity Regulators
Others
Chapter 7 Market Breakdown by Region
Global Market
Asia-Pacific
North America
Europe
Latin America
Rest of the World
Chapter 8 Competitive Landscape and Company Profiles
Market Share Analysis
Company Profiles
AJINOMOTO CO. INC.
CARGILL INC.
COFCO INTERNATIONAL
FUFENG GROUP SHANDONG CO. LTD.
GREMOUNT INTERNATIONAL CO. LTD.
HUGESTONE ENTERPRISE CO. LTD.
MEIHUA HOLDINGS GROUP CO. LTD.
NINGXIA EPPEN BIOTECH CO. LTD.
SHANDONG QILU BIOTECHNOLOGY GROUP CO. LTD.
VEDAN INTERNATIONAL (HOLDINGS) LTD.
Chapter 9 Appendix: Acronyms

List of Tables
Summary Table : Global Market for Monosodium Glutamate, by Region, Through 2028
Table 1 : Specifications of Monosodium Glutamate
Table 2 : Usage Levels of MSG in Processed Foods
Table 3 : Regulatory Landscape for MSG
Table 4 : MSG Safety Assurance
Table 5 : Exporters of Glutamic Acid and Its Salts, (HS code_292242), by Country, 2022
Table 6 : Importers of Glutamic Acid and its Salts (HS code_292242), by Country, 2022
Table 7 : ESG Pillars of Market for Monosodium Glutamate
Table 8 : Net-Zero GHG Commitments by Major Monosodium Glutamate Companies
Table 9 : Current Status of ESG in the Market for Monosodium Glutamate: ESG Ranking for 2022
Table 10 : Global Market for Monosodium Glutamate, by End-Use Industry, Through 2028
Table 11 : Global Market for Monosodium Glutamate, by Function, Through 2028
Table 12 : Global Market for Monosodium Glutamate, by Region, Through 2028
Table 13 : Asia-Pacific Market for Monosodium Glutamate, by Country, Through 2028
Table 14 : North American Market for Monosodium Glutamate, by Country, Through 2028
Table 15 : European Market for Monosodium Glutamate, by Country, Through 2028
Table 16 : Latin American Market for Monosodium Glutamate, by Country, Through 2028
Table 17 : Rest of the World Market for Monosodium Glutamate, by Country, Through 2028
Table 18 : Ajinomoto Co. Inc.: Product Portfolio
Table 19 : Cargill Inc.: Product Portfolio
Table 20 : COFCO International: Product Portfolio
Table 21 : Fufeng Group Shandong Co Ltd.: Product Portfolio
Table 22 : Gremount International Co Ltd.: Product Portfolio
Table 23 : Hugestone Enterprise Co. Ltd.: Product Portfolio
Table 24 : Meihua Holdings Group Co. Ltd.: Product Portfolio
Table 25 : Ningxia Eppen Biotech Co. Ltd.: Product Portfolio
Table 26 : Shandong Qilu Biotechnology Group Co. Ltd.: Product Portfolio
Table 27 : Vedan International (Holdings) Ltd.: Product Portfolio
Table 28 : Acronyms Used in This Report

List of Figures
Figure A : Research Methodology
Summary Figure : Global Market Shares of Monosodium Glutamate, by Region, 2022
Figure 1 : Evolution of Monosodium Glutamate
Figure 2 : Porter's Five Forces Analysis
Figure 3 : Global Market Shares of Monosodium Glutamate, by End-Use Industry, 2022
Figure 4 : Global Market Shares of Monosodium Glutamate, by Function, 2022
Figure 5 : Global Market Shares of Monosodium Glutamate, by Region, 2022
Figure 6 : Asia-Pacific Market Shares of Monosodium Glutamate, by Country, 2022
Figure 7 : North American Market Shares of Monosodium Glutamate, by Country, 2022
Figure 8 : European Market Shares of Monosodium Glutamate, by Country, 2022
Figure 9 : Latin American Market Shares of Monosodium Glutamate, by Country, 2022
Figure 10 : Rest of the World Market Shares of Monosodium Glutamate, by Country, 2022
Figure 11 : Global Market Shares of Monosodium Glutamate, by Major Player, 2022

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