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Monosodium L-glutamate-Global Market Insights and Sales Trends 2024
Synopsis
The global Monosodium L-glutamate market size is expected to reach US$ 7890.3 million by 2029, growing at a CAGR of 5.9% from 2023 to 2029. The market is mainly driven by the significant applications of Monosodium L-glutamate in various end use industries. The expanding demands from the Food Manufacturing, Catering and Family,, are propelling Monosodium L-glutamate market. 99% MSG, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 80% MSG segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Monosodium L-glutamate market, driven by demand from China, the second largest economy with some signs of stabilising, the Monosodium L-glutamate market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Monosodium L-glutamate, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Monosodium L-glutamate market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Monosodium L-glutamate market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Monosodium L-glutamate sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Monosodium L-glutamate covered in this report include Fufeng Group, Meihua Biological, Korea CJ BIO, Korea Daesang, Ajinomoto, McCormick and Shandong Xinle, etc.
The global Monosodium L-glutamate market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Fufeng Group
Meihua Biological
Korea CJ BIO
Korea Daesang
Ajinomoto
McCormick
Shandong Xinle
Global Monosodium L-glutamate market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Monosodium L-glutamate market, Segment by Type:
99% MSG
80% MSG
Others
Global Monosodium L-glutamate market, by Application
Food Manufacturing
Catering
Family
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Monosodium L-glutamate manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Monosodium L-glutamate in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Monosodium L-glutamate market size is expected to reach US$ 7890.3 million by 2029, growing at a CAGR of 5.9% from 2023 to 2029. The market is mainly driven by the significant applications of Monosodium L-glutamate in various end use industries. The expanding demands from the Food Manufacturing, Catering and Family,, are propelling Monosodium L-glutamate market. 99% MSG, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 80% MSG segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Monosodium L-glutamate market, driven by demand from China, the second largest economy with some signs of stabilising, the Monosodium L-glutamate market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Monosodium L-glutamate, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Monosodium L-glutamate market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Monosodium L-glutamate market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Monosodium L-glutamate sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Monosodium L-glutamate covered in this report include Fufeng Group, Meihua Biological, Korea CJ BIO, Korea Daesang, Ajinomoto, McCormick and Shandong Xinle, etc.
The global Monosodium L-glutamate market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Fufeng Group
Meihua Biological
Korea CJ BIO
Korea Daesang
Ajinomoto
McCormick
Shandong Xinle
Global Monosodium L-glutamate market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Monosodium L-glutamate market, Segment by Type:
99% MSG
80% MSG
Others
Global Monosodium L-glutamate market, by Application
Food Manufacturing
Catering
Family
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Monosodium L-glutamate manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Monosodium L-glutamate in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Monosodium L-glutamate Market Overview
1.1 Monosodium L-glutamate Product Overview
1.2 Monosodium L-glutamate Market Segment by Type
1.2.1 99% MSG
1.2.2 80% MSG
1.2.3 Others
1.3 Global Monosodium L-glutamate Market Size by Type
1.3.1 Global Monosodium L-glutamate Market Size Overview by Type (2018-2029)
1.3.2 Global Monosodium L-glutamate Historic Market Size Review by Type (2018-2023)
1.3.3 Global Monosodium L-glutamate Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Monosodium L-glutamate Sales Breakdown by Type (2018-2023)
1.4.2 Europe Monosodium L-glutamate Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Monosodium L-glutamate Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Monosodium L-glutamate Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Monosodium L-glutamate Sales Breakdown by Type (2018-2023)
2 Global Monosodium L-glutamate Market Competition by Company
2.1 Global Top Players by Monosodium L-glutamate Sales (2018-2023)
2.2 Global Top Players by Monosodium L-glutamate Revenue (2018-2023)
2.3 Global Top Players by Monosodium L-glutamate Price (2018-2023)
2.4 Global Top Manufacturers Monosodium L-glutamate Manufacturing Base Distribution, Sales Area, Product Type
2.5 Monosodium L-glutamate Market Competitive Situation and Trends
2.5.1 Monosodium L-glutamate Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Monosodium L-glutamate Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Monosodium L-glutamate as of 2022)
2.7 Date of Key Manufacturers Enter into Monosodium L-glutamate Market
2.8 Key Manufacturers Monosodium L-glutamate Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Monosodium L-glutamate Status and Outlook by Region
3.1 Global Monosodium L-glutamate Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Monosodium L-glutamate Historic Market Size by Region
3.2.1 Global Monosodium L-glutamate Sales in Volume by Region (2018-2023)
3.2.2 Global Monosodium L-glutamate Sales in Value by Region (2018-2023)
3.2.3 Global Monosodium L-glutamate Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Monosodium L-glutamate Forecasted Market Size by Region
3.3.1 Global Monosodium L-glutamate Sales in Volume by Region (2024-2029)
3.3.2 Global Monosodium L-glutamate Sales in Value by Region (2024-2029)
3.3.3 Global Monosodium L-glutamate Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Monosodium L-glutamate by Application
4.1 Monosodium L-glutamate Market Segment by Application
4.1.1 Food Manufacturing
4.1.2 Catering
4.1.3 Family
4.2 Global Monosodium L-glutamate Market Size by Application
4.2.1 Global Monosodium L-glutamate Market Size Overview by Application (2018-2029)
4.2.2 Global Monosodium L-glutamate Historic Market Size Review by Application (2018-2023)
4.2.3 Global Monosodium L-glutamate Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Monosodium L-glutamate Sales Breakdown by Application (2018-2023)
4.3.2 Europe Monosodium L-glutamate Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Monosodium L-glutamate Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Monosodium L-glutamate Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Monosodium L-glutamate Sales Breakdown by Application (2018-2023)
5 North America Monosodium L-glutamate by Country
5.1 North America Monosodium L-glutamate Historic Market Size by Country
5.1.1 North America Monosodium L-glutamate Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Monosodium L-glutamate Sales in Volume by Country (2018-2023)
5.1.3 North America Monosodium L-glutamate Sales in Value by Country (2018-2023)
5.2 North America Monosodium L-glutamate Forecasted Market Size by Country
5.2.1 North America Monosodium L-glutamate Sales in Volume by Country (2024-2029)
5.2.2 North America Monosodium L-glutamate Sales in Value by Country (2024-2029)
6 Europe Monosodium L-glutamate by Country
6.1 Europe Monosodium L-glutamate Historic Market Size by Country
6.1.1 Europe Monosodium L-glutamate Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Monosodium L-glutamate Sales in Volume by Country (2018-2023)
6.1.3 Europe Monosodium L-glutamate Sales in Value by Country (2018-2023)
6.2 Europe Monosodium L-glutamate Forecasted Market Size by Country
6.2.1 Europe Monosodium L-glutamate Sales in Volume by Country (2024-2029)
6.2.2 Europe Monosodium L-glutamate Sales in Value by Country (2024-2029)
7 Asia-Pacific Monosodium L-glutamate by Region
7.1 Asia-Pacific Monosodium L-glutamate Historic Market Size by Region
7.1.1 Asia-Pacific Monosodium L-glutamate Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Monosodium L-glutamate Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Monosodium L-glutamate Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Monosodium L-glutamate Forecasted Market Size by Region
7.2.1 Asia-Pacific Monosodium L-glutamate Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Monosodium L-glutamate Sales in Value by Region (2024-2029)
8 Latin America Monosodium L-glutamate by Country
8.1 Latin America Monosodium L-glutamate Historic Market Size by Country
8.1.1 Latin America Monosodium L-glutamate Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Monosodium L-glutamate Sales in Volume by Country (2018-2023)
8.1.3 Latin America Monosodium L-glutamate Sales in Value by Country (2018-2023)
8.2 Latin America Monosodium L-glutamate Forecasted Market Size by Country
8.2.1 Latin America Monosodium L-glutamate Sales in Volume by Country (2024-2029)
8.2.2 Latin America Monosodium L-glutamate Sales in Value by Country (2024-2029)
9 Middle East and Africa Monosodium L-glutamate by Country
9.1 Middle East and Africa Monosodium L-glutamate Historic Market Size by Country
9.1.1 Middle East and Africa Monosodium L-glutamate Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Monosodium L-glutamate Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Monosodium L-glutamate Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Monosodium L-glutamate Forecasted Market Size by Country
9.2.1 Middle East and Africa Monosodium L-glutamate Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Monosodium L-glutamate Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Fufeng Group
10.1.1 Fufeng Group Company Information
10.1.2 Fufeng Group Introduction and Business Overview
10.1.3 Fufeng Group Monosodium L-glutamate Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Fufeng Group Monosodium L-glutamate Products Offered
10.1.5 Fufeng Group Recent Development
10.2 Meihua Biological
10.2.1 Meihua Biological Company Information
10.2.2 Meihua Biological Introduction and Business Overview
10.2.3 Meihua Biological Monosodium L-glutamate Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Meihua Biological Monosodium L-glutamate Products Offered
10.2.5 Meihua Biological Recent Development
10.3 Korea CJ BIO
10.3.1 Korea CJ BIO Company Information
10.3.2 Korea CJ BIO Introduction and Business Overview
10.3.3 Korea CJ BIO Monosodium L-glutamate Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Korea CJ BIO Monosodium L-glutamate Products Offered
10.3.5 Korea CJ BIO Recent Development
10.4 Korea Daesang
10.4.1 Korea Daesang Company Information
10.4.2 Korea Daesang Introduction and Business Overview
10.4.3 Korea Daesang Monosodium L-glutamate Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Korea Daesang Monosodium L-glutamate Products Offered
10.4.5 Korea Daesang Recent Development
10.5 Ajinomoto
10.5.1 Ajinomoto Company Information
10.5.2 Ajinomoto Introduction and Business Overview
10.5.3 Ajinomoto Monosodium L-glutamate Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Ajinomoto Monosodium L-glutamate Products Offered
10.5.5 Ajinomoto Recent Development
10.6 McCormick
10.6.1 McCormick Company Information
10.6.2 McCormick Introduction and Business Overview
10.6.3 McCormick Monosodium L-glutamate Sales, Revenue and Gross Margin (2018-2023)
10.6.4 McCormick Monosodium L-glutamate Products Offered
10.6.5 McCormick Recent Development
10.7 Shandong Xinle
10.7.1 Shandong Xinle Company Information
10.7.2 Shandong Xinle Introduction and Business Overview
10.7.3 Shandong Xinle Monosodium L-glutamate Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Shandong Xinle Monosodium L-glutamate Products Offered
10.7.5 Shandong Xinle Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Monosodium L-glutamate Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Monosodium L-glutamate Industrial Chain Analysis
11.4 Monosodium L-glutamate Market Dynamics
11.4.1 Monosodium L-glutamate Industry Trends
11.4.2 Monosodium L-glutamate Market Drivers
11.4.3 Monosodium L-glutamate Market Challenges
11.4.4 Monosodium L-glutamate Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Monosodium L-glutamate Distributors
12.3 Monosodium L-glutamate Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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