Monosodium Glutamate (MSG) Price Trend and Forecast: Top 10 Leading Trading Countries and Regions - Latest Edition [2026]

The EMR pricing report on MSG provides insights into the top 10 leading trading countries and regions.

Monosodium Glutamate (MSG) price trends have observed many fluctuations throughout 2024. Various factors, such as global supply-demand imbalance, logistical constraints, and macroeconomic conditions, contributed to these changes. Different price trends were observed in major markets – North America, Asia-Pacific, and Europe, which highlighted distinct trade dynamics and regional production factors. In 2025, the global MSG market sentiment is expected to remain cautious, with regional price variations and volatility anticipated.

Get Real-Time Prices (Monthly, Quarterly, and Yearly) - Download Free Sample

In the last quarter of 2024, MSG prices decreased compared to the last quarter of 2023. Several factors led to this fall. High supply, low demand from key downstream sectors like food processing and manufacturing sectors, and geopolitical uncertainty from major markets exerted downward pressure on prices. Additionally, falling costs of key raw materials like corn and glutamic acid, along with reduced energy and logistics expenses, contributed to lower production costs, further influencing the price drop of MSG.

Monosodium Glutamate (MSG) Price Forecast

Monosodium Glutamate (MSG) pricing analysis showed different patterns across regions in 2024. In the Asia Pacific region, especially China and India, prices declined steadily, settling at USD 989/MT CIF India by December 2024. This downward trend in prices was driven by oversupply, falling raw material costs (such as corn and glutamic acid), a drop in freight costs, and weak export demand. On the other hand, the North American market displayed relative stability with prices with a slight rise in late 2024, supported by strong demand from food, pharmaceutical, and personal care industries, alongside efficient inventory and cost management. Europe experienced volatile price movements, influenced by higher freight and energy costs, fluctuating import rates from China, and changes in regulatory conditions.

Get Real-Time Prices (Monthly, Quarterly, and Yearly) - Download Free Sample

Looking ahead, MSG prices are expected to remain under pressure globally owing to a slow recovery in demand and global economic uncertainty. Asia Pacific may continue to see a fall in prices as production capacity remains high while domestic consumption stays moderate. Europe and North America prices could experience fluctuations, shaped by transportation costs, regional demand shifts, and potential geopolitical disruptions. However, any sudden supply disruptions or sharp changes in feedstock prices could also lead to short-term price increases. For the near term, the MSG prices are expected to follow a downward trajectory with potential stabilisation or a slow rebound anticipated by mid-2025.

Global Trade and Supply Chain Implications

MSG prices are shaped by global production dynamics and trade flows. Expanded manufacturing capacity in Asia, particularly China, has resulted in a situation of excess supply, impacting prices not only within the region but also in North America and Europe through competitive export offers. Supply chain hurdles, such as fluctuating freight rates, port delays, and geopolitical policies, have led to delivery disruptions, leading to regional price differences.

Additionally, evolving food safety standards and clean-label consumer preferences are influencing MSG demand patterns, especially in developed markets. As these trends continue, the focus may shift toward high-purity or specialty MSG variants, with steady demand expected in sectors like pharmaceuticals and premium food applications through 2025.

Feedstock Analysis

In 2024, the feedstock landscape for Monosodium Glutamate (MSG) was marked by significant variability, particularly in the pricing of key raw materials such as corn and glutamic acid. In Asia, especially China, corn prices trended downward during the latter half of the year due to an abundance of harvests and improved supply logistics, easing production costs for MSG manufacturers. Similarly, glutamic acid—a critical intermediate in MSG synthesis—witnessed price drops due to oversupply and reduced consumption from downstream sectors. In contrast, North America experienced relatively stable feedstock costs, with inventory and sourcing practices helping to manage price volatility. In Europe, energy and transportation expenses remained high, influencing the prices despite moderate changes in raw material prices.

Overall, the MSG market outlook in 2024 reflected the influence of agricultural commodity prices, regional disparities in energy and logistics costs, and the impact of macroeconomic trends on feedstock availability and affordability.

Demand and Supply Outlook for Monosodium Glutamate (MSG)

MSG prices are expected to remain under pressure in early 2025 due to an imbalance between supply and demand in major producing regions, particularly China, coupled with subdued demand from the food processing and personal care industries. Econometric market analysis also suggests that global economic regulations and weak consumption trends in key import markets like Europe and Southeast Asia will likely put downward pressure on prices. Potential disruptions from trade restrictions, rising freight costs, and production curbs could introduce short-term price volatility. Additionally, growing interest in additive-free products and concerns about MSG usage in food may influence long-term consumption patterns. While short-term fluctuations are anticipated, a gradual price recovery is expected by mid-2025 as inventories normalize and demand stabilizes.

Gain a competitive edge with EMR's comprehensive price forecasting reports. Dive deep into the latest market dynamics and price outlook for your specific materials, ensuring you stay ahead of the curve with actionable insights and strategic foresight.

What Our Reports Include:

Historical Price Data and Analysis:

• In-depth review of prices (including feedstock) over the past 5 years.
• Visualizations and trend analysis to identify historical patterns and seasonality.

Supply and Demand Analysis:

• Detailed industry analysis of current supply and demand trends shaping the market, along with projections for how these dynamics are expected to evolve during the forecast period.
• Insights from our extensive supplier and trader network, government websites, industry bodies, and global trade data.

Latest Industry News:

• Up-to-date information on recent developments and geopolitical events.
• Pricing analysis of how these events are likely to impact future prices.

Key Macroeconomic Indicators:

• Evaluation of economic indicators such as GDP growth, inflation rates, and PMI.
• Insights into how these indicators affect prices.

Price Outlook:

• Forecasted price trends analysis for the next 2 years using statistical modelling and fundamental & technical price analysis.
• Scenario analysis and potential price fluctuations.

Why Choose Our Reports?

• Accurate Data: Our reports are based on reliable data sources, including primary interviews, government websites, and industry bodies.
• Comprehensive Insights: We offer a holistic view of the market, considering all factors related to demand, supply, macroeconomic environment, and input costs.
• Timely Updates: Reports are updated monthly, with options for quarterly or semi-annual subscriptions.
• Expert Support: Our team of analysts is available for consultations and customized requirements.

Key Benefits:

• Informed Procurement Decisions: Gain insights on when to buy and how to negotiate better, mitigating the impact of price volatility.
• Competitive Advantage: Leverage our robust and time-tested forecasting methodology to stay ahead in the market.
• Actionable Insights: Make better market decisions with detailed market forecasts and analysis.