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Monosodium Glutamate Market Share

Report ID: GMI7418
Published Date: Dec 2024
Report Format: PDF

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Monosodium Glutamate Market Share

Monosodium Glutamate (MSG) Market Share Analysis, 2024

Companies include, Ajinomoto Co., Inc. leads the MSG market with a focus on innovation and sustainability, expanding its product range to cater to traditional and plant-based foods. Fufeng Group enhances its competitiveness through large-scale production and cost-reduction strategies, while Puramate targets niche sectors like beverages, investing in automation and sustainability.

Meihua Holdings Group focuses on improving fermentation techniques and global expansion to stay competitive. Ningxia Eppen Biotech Co., Ltd. emphasizes cost-effective production and is expanding its international presence to meet the rising demand from the global food processing industry. These companies continue to innovate and adapt to market demands.

Monosodium Glutamate Market Companies

Major players operating in the monosodium glutamate (MSG) industry are:

Ajinomoto Co., Inc.
Arshine Food Additives
Foodchem International
Fufeng Group
Great American Spice Company
Linghua Group
Meihua Holdings Group
Meihua Holdings Group Co., Ltd
Ningxia Eppen Biotech Co., Ltd
Prinova
Vedan International (Holdings) Limited

Authors: Kiran Pulidindi, Keshav Tandle

Frequently Asked Questions (FAQ) :

The market size of monosodium glutamate reached USD 5.4 billion in 2024 and is set to grow at a 5.7% CAGR from 2025 to 2034, driven by the increasing demand for flavor enhancers in the food and beverage industry.

The powder form segment is expected to reach USD 5.5 billion by 2034, growing at a 5.4% CAGR, due to its ease of use, faster dissolution, and better compatibility in applications like seasonings, snacks, and ready-to-eat meals.

The U.S. market is expected to reach USD 4.1 billion by 2034, growing at a 4.9% CAGR, fueled by increasing consumer demand for processed and convenience foods.

The key players in the industry include Ajinomoto Co., Inc., Arshine Food Additives, Foodchem International, Fufeng Group, Great American Spice Company, Linghua Group, Meihua Holdings Group, Ningxia Eppen Biotech Co., Ltd, Prinova, and Vedan International (Holdings) Limited.