Report Highlights
This report provides a thorough analysis of the global monosodium glutamate market. The study analyzes the global monosodium glutamate market, observing the different end use and functions. It also provides detailed information on the main factors influencing market growth. The objective is to provide accurate market data and forecasts for the worldwide demand for monosodium glutamate products.
Report Includes
- An overview of the current and future global markets for monosodium glutamate
- Analyses of the market trends, with historical market revenue data (sales figures) for 2022, estimates for 2023, and projections of compound annual growth rates (CAGRs) through 2028
- Estimates of the market size and revenue forecasts for the monosodium glutamate market in USD millions, and a corresponding analysis of market share based on function, end-use application and region
- In-depth information (facts and figures) pertaining to the major factors influencing the market with respect to growth trends, emerging technologies, prospects and contributions to the overall market
- Discussion of the importance of ESG in the monosodium glutamate market, including consumer attitudes, an assessment of risks and opportunities, impact of ESG factors on corporate performance and the ESG practices of leading companies
- An overview of the major vendors in the global market along with an analysis of the industry structure, including companies’ market shares and recent mergers and acquisitions (M&A) activity
- Analysis of the competitive landscape based on recent developments, key financials and segmental revenues, and operational integration
- Profiles of the leading players in the market
Report Scope
The report provides a view of the global monosodium glutamate market, focusing on its end use and functions. Definitive and detailed estimates and forecasts of the worldwide monosodium glutamate market are provided, followed by a detailed analysis of regions, countries, and manufacturers.
The global monosodium glutamate market by end use is segmented into food processing, catering industry, and others. The market is segmented by functions, including additives, flavor enhancers, acidity regulators, and others. The market size and estimations are provided in terms of value (U.S. $ millions), considering 2022 as a base year, and the market forecast is provided from 2023 to 2028.
The report also discusses the major players across each regional monosodium glutamate market. Further, it explains the global monosodium glutamate market's primary drivers, regional dynamics, and current trends across the industry. The report concludes with a detailed focus on the vendor landscape and includes complete profiles of the major players in the market.
Report Synopsis
Report Metrics | Details | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Base year considered | 2022 | ||||||||||
Forecast period considered | 2023-2028 | ||||||||||
Base year market size | $6.6 billion | ||||||||||
Market size forecast | $9.2 billion | ||||||||||
Growth rate | CAGR of 6.1% for the forecast period of 2023-2028 | ||||||||||
Units considered | $ Millions | ||||||||||
Segments covered | End-Use, Functions, and Region | ||||||||||
Regions covered | North America, Europe, Asia-Pacific, Latin America, and Rest of the World (ROW) | ||||||||||
Companies studied |
|
Frequently Asked Questions (FAQs)
- Growing demand for processed foods
- Need to reduce sodium intake
- Increasing awareness of the health benefits of MSG
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Related Reports
Commercial Amino Acids
The global market for commercial amino acids was valued at $30.1 billion in 2023. It is expected to grow from $31.8 billion in 2024 to $42.8 billion by 2029, at a compound annual growth rate (CAGR) of 6.1% from 2024 through 2029.
The Global Market for Food Additives
The global market for food additives is expected to grow from $80.4 billion in 2024 and is projected to reach $106.8 billion by the end of 2029, at a compound annual growth rate (CAGR) of 5.8% during the forecast period of 2024 to 2029.
Global Yeast Derivative Market
The global market for yeast derivative should grow from $2.1 billion in 2021 to $3.1 billion by 2026, at compound annual growth rate (CAGR) of 7.7% for the period of 2021-2026.
Recent Reports
Nutraceuticals: Global Markets
The global market for nutraceuticals is expected to grow from $418.2 billion in 2024 and is projected to reach $571.3 billion by the end of 2029, at a compound annual growth rate (CAGR) of 6.4% during the forecast period of 2024 to 2029.
Global Market for Coffee Machines
This comprehensive report explores the global coffee machine market, offering detailed insights into its current scenario and future potential. The analysis thoroughly examines market drivers, restraints, challenges, and opportunities, providing stakeholders with a holistic understanding of the industry dynamics.
The Global Market for Food Additives
The global market for food additives is expected to grow from $80.4 billion in 2024 and is projected to reach $106.8 billion by the end of 2029, at a compound annual growth rate (CAGR) of 5.8% during the forecast period of 2024 to 2029.
Processed Meat: Global Markets
This report provides an overview of the global processed meat market, offering detailed insights into its current scenario and future potential. It includes market projections through 2029 and evaluates the market position of key players. The report categorizes the processed meat market based on product type, animal type, distribution channel, and region.
Seaweed Extract: Global Markets
The global market for seaweed extract is expected to grow from $17.5 billion in 2024 and is projected to reach $20.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 3.6% during the forecast period of 2024 to 2029.
Top Trending Reports
AI in Clinical and Molecular Diagnostics Market
The global market for AI in clinical and molecular diagnostics is expected to grow from $2.6 billion in 2024 and is projected to reach $8.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 27.6% during the forecast period of 2024 to 2029.
Point-of-Care Diagnostics: Technologies and Global Markets
The global market for point-of-care diagnostics was valued at $36.9 billion in 2023. It is expected to grow from $40.6 billion in 2024 to $65.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 10.2% from 2024 through 2029.
Medical Devices: Technologies and Global Markets
The global market for medical devices reached $739.6 billion in 2023. It is expected to grow from $810.4 billion in 2024 to $1.3 trillion by the end of 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.
Global Artificial Intelligence (AI) Market: Investments vs Potential
The global market for artificial intelligence (AI) is estimated to increase from $148.8 billion in 2023 to reach $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 39.7% from 2024 through 2029.
CRISPR Technology: Global Markets
The global market for CRISPR technology was valued at $3.4 billion in 2023. This market is expected to grow from $3.8 billion in 2024 to $7.5 billion by the end of 2029, at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2029.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More