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Global Monosodium Glutamate (MSG) Market Report, History and Forecast 2014-2025, Breakdown Data by Manufacturers, Key Regions, Types and Application

Published Date: 2019-04-13   |   Pages: 131   |   Tables: 162   | Report Id: 1087232   | Hits: 63 |   Chemical & Material

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Summary

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.

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 global Monosodium Glutamate (MSG) market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2019 and 2025.

This report studies the Monosodium Glutamate (MSG) market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Monosodium Glutamate (MSG) in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

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

By the product type, the market is primarily split into

Monosodium Glutamate

Salted Monosodium Glutamate

Special Monosodium Glutamate

By the end users/application, this report covers the following segments

food Manufacturing

Catering

Family

We can also provide the customized separate regional or country-level reports, for the following regions:

North America

United States

Canada

Mexico

Asia-Pacific

China

India

Japan

South Korea

Australia

Indonesia

Singapore

Malaysia

Philippines

Thailand

Vietnam

Rest of Asia-Pacific

Europe

Germany

France

UK

Italy

Spain

Russia

Rest of Europe

Central & South America

Brazil

Rest of Central & South America

Middle East & Africa

GCC Countries

Turkey

Egypt

South Africa

Rest of Middle East & Africa

The study objectives of this report are:

To study and analyze the global Monosodium Glutamate (MSG) market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.

To understand the structure of Monosodium Glutamate (MSG) market by identifying its various subsegments.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

Focuses on the key global Monosodium Glutamate (MSG) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Monosodium Glutamate (MSG) with respect to individual growth trends, future prospects, and their contribution to the total market.

To project the value and volume of Monosodium Glutamate (MSG) submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Monosodium Glutamate (MSG) are as follows:

History Year: 2014-2018

Base Year: 2018

Estimated Year: 2019

Forecast Year 2019 to 2025

This report includes the estimation of market size for value (million USD) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Monosodium Glutamate (MSG) market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Key Stakeholders

Raw material suppliers

Distributors/traders/wholesalers/suppliers

Regulatory bodies, including government agencies and NGO

Commercial research & development (R&D) institutions

Importers and exporters

Government organizations, research organizations, and consulting firms

Trade associations and industry bodies

End-use industries

Available Customizations

With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:

Further breakdown of Monosodium Glutamate (MSG) market on basis of the key contributing countries.

Detailed analysis and profiling of additional market players.

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