Global Sodium Glutamate Market Report and Forecast 2024-2032

Global Sodium Glutamate Market Outlook

The global sodium glutamate market is expected to grow at a CAGR of 5% in the forecast period of 2024-2032.

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The Asia Pacific to Provide Enhanced Growth Opportunities for the Expansion of the Sodium Glutamate Industry

Monosodium glutamate serves as a food additive and is widely used as a flavour enhancer in various dishes and processed food products like snacks, soups, stock cubes, barbeque sauces, gravies, ketchup, soy sauce, and canned meat, among others. The Asia Pacific is expected to witness a robust growth over the forecast period, accounting for a significant share in the industry. The region is witnessing the increased consumption of glutamate salts, especially in the production of meat and other high protein food products. MSG is commonly used in Chinese and Japanese cooking to prepare a variety of dishes, particularly fast foods. The growing demand for processed foods across the region and the thriving food industry are significantly contributing to the growth of the market. The increased production of MSG in countries like China, Indonesia, and Korea, among others, is also propelling the market growth.

Sodium Glutamate: Market Segmentation

Sodium glutamate, often abbreviated as MSG (monosodium glutamate), is one of the most widely used flavour enhancer in the food industry. In chemical terms, it is the sodium salt of glutamic acid. MSG enhances the taste of the food products, adding a special umami flavour. It is also known by other names, including its trade name ajinomoto.

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Based on application, the market is divided into:

• Food Processing
• Restaurants and Institutional Foodservice Providers
• Animal Feed
• Others

The food processing segment is further categorised into convenience foods, noodles, and soups, meat products, and seasonings and dressings, among others, based on type.

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

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Growing Demand for Processed Food Products to Aid the Market Growth of Sodium Glutamate

The growing demand for processed food products and the advancements in the food processing sector are the major factors driving the growth of the sodium glutamate industry. The escalating consumer disposable incomes and the growing consumption of fast foods, particularly in emerging nations are significantly contributing to the industry growth. The expanding food outlets and the thriving food services industry are also driving the demand for food enhancers, thus, aiding the industry growth. Over the forecast period, the growing demand for online food delivery services are expected to further aid the industry growth.

Key Industry Players in the Global Sodium Glutamate Market

The report gives a detailed analysis of the following key players in the global sodium glutamate market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Ningxia Eppen Biotech Co., Ltd
• COFCO Biochemical
• Ajinomoto Co., Inc.
• Meihua Holdings Group Co., Ltd
• Cargill, Incorporated
• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report