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Monosodium Glutamate (MSG) Market Size

  • Report ID: GMI7418
  • Published Date: Nov 2023
  • Report Format: PDF

Monosodium Glutamate Market Size

Monosodium Glutamate Market was valued at USD 4.95 billion in 2022 and is s poised to witness over 5.7% CAGR between 2023 and 2032. Driven by the rising demand for flavor enhancers in the food and beverage industry. MSG, a sodium salt of glutamic acid, is widely utilized to enhance the taste of various dishes, contributing a savory umami flavor. As consumer preferences continue to evolve, the demand for convenient and flavorful food options has surged, propelling the market forward.

 

The Asia-Pacific region, particularly countries like China and Japan, has traditionally been a major consumer of MSG, and the market is expanding globally with increasing adoption in Western cuisines. The food processing sector, including snacks, soups, sauces, and ready-to-eat meals, has become a key driver for MSG consumption. Additionally, the growing popularity of processed and convenience foods, along with the rising trend of eating out, has further fueled the demand for monosodium glutamate.

 

 

One significant challenge is the persistent negative perception surrounding the health effects of MSG consumption. Misinformation linking MSG to symptoms like headaches and nausea, has led to consumer skepticism and regulatory scrutiny. Addressing and dispelling these misconceptions poses a considerable challenge for the monosodium glutamate market. Additionally, the increasing demand for clean label and natural food products has shifted consumer preferences towards ingredients perceived as more natural and wholesome, putting pressure on MSG as an additive. Regulatory restrictions and labeling requirements related to the use of MSG in food products also present hurdles for manufacturers.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of monosodium glutamate was worth USD 4.95 billion in 2022 and is estimated to reach USD 8.54 billion by 2032, driven by the rising demand for flavor enhancers in the food & beverage sector.

Powder form MSG market segment value was exceeded USD 3.18 billion in 2022 and will grow significantly through 2032 as it is preferred for its ability to quickly dissolve in liquids and evenly distribute throughout recipes.

North America market for monosodium glutamate crossed USD 2.41 billion in 2022 and is anticipated to expand at a significant pace over 2023-2032, driven by the widespread consumption of processed and convenience foods, reflecting changing consumer lifestyles and preferences.

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

Monosodium Glutamate Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 12
  • Tables & Figures: 191
  • Countries covered: 21
  • Pages: 210
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