Monosodium Glutamate Market By End User, By Sales Channel : Global Opportunity Analysis and Industry Forecast, 2021-2031

Description

List of Tables

The monosodium glutamate market size was valued at $4,395.3 million in 2021, and is estimated to reach $9,759.5 million by 2031, registering a CAGR of 8.5% from 2021 to 2031. The market for taste enhancers has expanded significantly as a result of rising consumer demand for tastier, healthier, and more affordable food options. The market need for flavor enhancers in this region has developed due to a consistent rise in the desire for clean label food flavors. Manufacturers of e-juice in the UK are increasingly employing flavor enhancers to generate e-liquid and to increase flavor without changing the recipe's original flavor. The market's expanding supply of bakeries and grocery stores has increased demand for sweet flavor enhancers. Flavor enhancers are in great demand as a result of the rising demand for frozen meals and beverages. Acidulants' functional advantages, including as taste enhancement, leavening, low hygroscopicity, heat resistance, dough conditioning, and mound inhibition, have encouraged the consumption of them due to rising consumer demand for high-quality and freshly baked meals. The rise of the bakery industry is fueled by the rising demand for portable snacks brought on by urbanization and an expanding labor force. MSG is one of the glutamates that are used most frequently in processed and canned food, including meats, vegetables, noodles, and soups. Processed meals enhanced with the additive have a characteristic umami flavor. China is the largest producer of MSG exports to countries like Thailand, India, Malaysia, Nigeria, and Thailand.

Increasing demand for processed food and packaged food is expected to generate business of for monosodium glutamate as it is majorly used to enhance the flavor of the food products. The meat, poultry, and fish industries are expanding significantly as a result of rising protein-rich food intake because it is seen to be healthy. Additionally, greater reliance on meat that has been packaged neatly due to an increased preference for convenience is likely to have an impact on the expansion of the MSG market.

According to the market analysis, the monosodium glutamate market is segmented into end user, sales channel, and region. By end user, it is segregated into food processing & services industry, livestock & pet food industry, retail sector and others. On the basis of sales channel, it is segmented into business to business and business to consumers. The business to consumer segment is further segregated into supermarket/hypermarket, online stores and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, France, Spain, Italy, Russia, Germany and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East and Africa).

The population's growing interest in the availability of new items on the market is expected to lead to an increase in the LAMEA monosodium glutamate market. Selling in bulk to food and beverage manufacturing companies is one way that major market players make a sizable profit margin. Additionally, these companies must build a robust distribution network to succeed. In this regard, the most often used method of supplying MSG to food processing industries is through business-to-business sales channels. Furthermore, some firms are implementing bundling tactics to increase the availability and production of MSG. The demand for various food, beverage, and dairy products that use MSG as a food additive is predicted to be driven by the expansion of the tour and travel industry, development of the food & beverage sector, and increase in disposable income of people in LAMEA region which will subsequently boost the LAMEA monosodium glutamate market.

The major players operating in the monosodium glutamate industry are: HIYA INTERNATIONAL, PURAMAT, MEIHUA HOLDINGS GROUP CO., LTD, Fufeng Group, Ningxia Eppen Biotech Co., Ltd, Linghua Group Limited, Vedan International (Holdings) Limited., Arshine Pharmaceutical Co., Ajinomoto, Global Bio-Chem Technology Group Company Limited, Glutamate Association, Cargill, Incorporated, COFCO Biochemical, Foodchem International Corporation and PRAKASH CHEMICALS AGENCIES PVT. LTD.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the monosodium glutamate market analysis from 2021 to 2031 to identify the prevailing monosodium glutamate market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the monosodium glutamate market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global monosodium glutamate market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By End User

Food Processing and Services Industry
Livestock and Pet Food Industry
Retail sector
Others

By Sales Channel

Business to Business
Business to Consumers
- Subtype
- Supermarket/Hypermarket
- Online Stores
- Others

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- UK
- Italy
- Spain
- Russia
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
LAMEA
- Brazil
- South Africa
- Saudi Arabia
- Rest of LAMEA

Key Market Players

Foodchem International Corporation
Cargill, Incorporated
B&G Foods, Inc
Tate & Lyle
RM Chemicals
Linghua Group Limited
Puramate
The Glutamate Association
Ajinomoto Co., Inc
Meihua Holdings Group Co, Ltd

Product Code: A06852

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
- 3.3.1. Bargaining power of suppliers
- 3.3.2. Bargaining power of buyers
- 3.3.3. Threat of substitutes
- 3.3.4. Threat of new entrants
- 3.3.5. Intensity of rivalry
3.4. Market dynamics
- 3.4.1. Drivers
  - 3.4.1.1. Changes in lifestyle and food habits
  - 3.4.1.2. Rise in the sale of processed food
  - 3.4.1.3. Increased demand for functional food
- 3.4.2. Restraints
  - 3.4.2.1. Health hazards of monosodium glutamate
  - 3.4.2.2. Undefined regulatory guidelines
  - 3.4.2.3. Fluctuating costs and availability of raw materials
- 3.4.3. Opportunities
  - 3.4.3.1. Asia-Pacific region to exhibit potential growth opportunities
  - 3.4.3.2. Increase in investments by small- & mid-sized food product manufacturing companies
  - 3.4.3.3. Rise in demand from emerging nations
3.5. COVID-19 Impact Analysis on the market

CHAPTER 4: MONOSODIUM GLUTAMATE MARKET, BY END USER

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Food Processing and Services Industry
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Livestock and Pet Food Industry
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
4.4. Retail sector
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
4.5. Others
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country

CHAPTER 5: MONOSODIUM GLUTAMATE MARKET, BY SALES CHANNEL

5.1. Overview
- 5.1.1. Market size and forecast
5.2. Business to Business
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Business to Consumers
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.3.4. Business to Consumers Monosodium Glutamate Market by Subtype
  - 5.3.4.1. Supermarket/Hypermarket Market size and forecast, by region
  - 5.3.4.2. Supermarket/Hypermarket Market size and forecast, by country
  - 5.3.4.3. Online Stores Market size and forecast, by region
  - 5.3.4.4. Online Stores Market size and forecast, by country
  - 5.3.4.5. Others Market size and forecast, by region
  - 5.3.4.6. Others Market size and forecast, by country

CHAPTER 6: MONOSODIUM GLUTAMATE MARKET, BY REGION

6.1. Overview
- 6.1.1. Market size and forecast By Region
6.2. North America
- 6.2.1. Key trends and opportunities
- 6.2.2. Market size and forecast, by End User
- 6.2.3. Market size and forecast, by Sales Channel
  - 6.2.3.1. North America Business to Consumers Monosodium Glutamate Market by Subtype
- 6.2.4. Market size and forecast, by country
  - 6.2.4.1. U.S.
  - 6.2.4.1.1. Key market trends, growth factors and opportunities
  - 6.2.4.1.2. Market size and forecast, by End User
  - 6.2.4.1.3. Market size and forecast, by Sales Channel
  - 6.2.4.1.3.1. U.S. Business to Consumers Monosodium Glutamate Market by Subtype
  - 6.2.4.2. Canada
  - 6.2.4.2.1. Key market trends, growth factors and opportunities
  - 6.2.4.2.2. Market size and forecast, by End User
  - 6.2.4.2.3. Market size and forecast, by Sales Channel
  - 6.2.4.2.3.1. Canada Business to Consumers Monosodium Glutamate Market by Subtype
  - 6.2.4.3. Mexico
  - 6.2.4.3.1. Key market trends, growth factors and opportunities
  - 6.2.4.3.2. Market size and forecast, by End User
  - 6.2.4.3.3. Market size and forecast, by Sales Channel
  - 6.2.4.3.3.1. Mexico Business to Consumers Monosodium Glutamate Market by Subtype
6.3. Europe
- 6.3.1. Key trends and opportunities
- 6.3.2. Market size and forecast, by End User
- 6.3.3. Market size and forecast, by Sales Channel
  - 6.3.3.1. Europe Business to Consumers Monosodium Glutamate Market by Subtype
- 6.3.4. Market size and forecast, by country
  - 6.3.4.1. Germany
  - 6.3.4.1.1. Key market trends, growth factors and opportunities
  - 6.3.4.1.2. Market size and forecast, by End User
  - 6.3.4.1.3. Market size and forecast, by Sales Channel
  - 6.3.4.1.3.1. Germany Business to Consumers Monosodium Glutamate Market by Subtype
  - 6.3.4.2. France
  - 6.3.4.2.1. Key market trends, growth factors and opportunities
  - 6.3.4.2.2. Market size and forecast, by End User
  - 6.3.4.2.3. Market size and forecast, by Sales Channel
  - 6.3.4.2.3.1. France Business to Consumers Monosodium Glutamate Market by Subtype
  - 6.3.4.3. UK
  - 6.3.4.3.1. Key market trends, growth factors and opportunities
  - 6.3.4.3.2. Market size and forecast, by End User
  - 6.3.4.3.3. Market size and forecast, by Sales Channel
  - 6.3.4.3.3.1. UK Business to Consumers Monosodium Glutamate Market by Subtype
  - 6.3.4.4. Italy
  - 6.3.4.4.1. Key market trends, growth factors and opportunities
  - 6.3.4.4.2. Market size and forecast, by End User
  - 6.3.4.4.3. Market size and forecast, by Sales Channel
  - 6.3.4.4.3.1. Italy Business to Consumers Monosodium Glutamate Market by Subtype
  - 6.3.4.5. Spain
  - 6.3.4.5.1. Key market trends, growth factors and opportunities
  - 6.3.4.5.2. Market size and forecast, by End User
  - 6.3.4.5.3. Market size and forecast, by Sales Channel
  - 6.3.4.5.3.1. Spain Business to Consumers Monosodium Glutamate Market by Subtype
  - 6.3.4.6. Russia
  - 6.3.4.6.1. Key market trends, growth factors and opportunities
  - 6.3.4.6.2. Market size and forecast, by End User
  - 6.3.4.6.3. Market size and forecast, by Sales Channel
  - 6.3.4.6.3.1. Russia Business to Consumers Monosodium Glutamate Market by Subtype
  - 6.3.4.7. Rest of Europe
  - 6.3.4.7.1. Key market trends, growth factors and opportunities
  - 6.3.4.7.2. Market size and forecast, by End User
  - 6.3.4.7.3. Market size and forecast, by Sales Channel
  - 6.3.4.7.3.1. Rest of Europe Business to Consumers Monosodium Glutamate Market by Subtype
6.4. Asia-Pacific
- 6.4.1. Key trends and opportunities
- 6.4.2. Market size and forecast, by End User
- 6.4.3. Market size and forecast, by Sales Channel
  - 6.4.3.1. Asia-Pacific Business to Consumers Monosodium Glutamate Market by Subtype
- 6.4.4. Market size and forecast, by country
  - 6.4.4.1. China
  - 6.4.4.1.1. Key market trends, growth factors and opportunities
  - 6.4.4.1.2. Market size and forecast, by End User
  - 6.4.4.1.3. Market size and forecast, by Sales Channel
  - 6.4.4.1.3.1. China Business to Consumers Monosodium Glutamate Market by Subtype
  - 6.4.4.2. Japan
  - 6.4.4.2.1. Key market trends, growth factors and opportunities
  - 6.4.4.2.2. Market size and forecast, by End User
  - 6.4.4.2.3. Market size and forecast, by Sales Channel
  - 6.4.4.2.3.1. Japan Business to Consumers Monosodium Glutamate Market by Subtype
  - 6.4.4.3. India
  - 6.4.4.3.1. Key market trends, growth factors and opportunities
  - 6.4.4.3.2. Market size and forecast, by End User
  - 6.4.4.3.3. Market size and forecast, by Sales Channel
  - 6.4.4.3.3.1. India Business to Consumers Monosodium Glutamate Market by Subtype
  - 6.4.4.4. South Korea
  - 6.4.4.4.1. Key market trends, growth factors and opportunities
  - 6.4.4.4.2. Market size and forecast, by End User
  - 6.4.4.4.3. Market size and forecast, by Sales Channel
  - 6.4.4.4.3.1. South Korea Business to Consumers Monosodium Glutamate Market by Subtype
  - 6.4.4.5. Australia
  - 6.4.4.5.1. Key market trends, growth factors and opportunities
  - 6.4.4.5.2. Market size and forecast, by End User
  - 6.4.4.5.3. Market size and forecast, by Sales Channel
  - 6.4.4.5.3.1. Australia Business to Consumers Monosodium Glutamate Market by Subtype
  - 6.4.4.6. Rest of Asia-Pacific
  - 6.4.4.6.1. Key market trends, growth factors and opportunities
  - 6.4.4.6.2. Market size and forecast, by End User
  - 6.4.4.6.3. Market size and forecast, by Sales Channel
  - 6.4.4.6.3.1. Rest of Asia-Pacific Business to Consumers Monosodium Glutamate Market by Subtype
6.5. LAMEA
- 6.5.1. Key trends and opportunities
- 6.5.2. Market size and forecast, by End User
- 6.5.3. Market size and forecast, by Sales Channel
  - 6.5.3.1. LAMEA Business to Consumers Monosodium Glutamate Market by Subtype
- 6.5.4. Market size and forecast, by country
  - 6.5.4.1. Brazil
  - 6.5.4.1.1. Key market trends, growth factors and opportunities
  - 6.5.4.1.2. Market size and forecast, by End User
  - 6.5.4.1.3. Market size and forecast, by Sales Channel
  - 6.5.4.1.3.1. Brazil Business to Consumers Monosodium Glutamate Market by Subtype
  - 6.5.4.2. South Africa
  - 6.5.4.2.1. Key market trends, growth factors and opportunities
  - 6.5.4.2.2. Market size and forecast, by End User
  - 6.5.4.2.3. Market size and forecast, by Sales Channel
  - 6.5.4.2.3.1. South Africa Business to Consumers Monosodium Glutamate Market by Subtype
  - 6.5.4.3. Saudi Arabia
  - 6.5.4.3.1. Key market trends, growth factors and opportunities
  - 6.5.4.3.2. Market size and forecast, by End User
  - 6.5.4.3.3. Market size and forecast, by Sales Channel
  - 6.5.4.3.3.1. Saudi Arabia Business to Consumers Monosodium Glutamate Market by Subtype
  - 6.5.4.4. Rest of LAMEA
  - 6.5.4.4.1. Key market trends, growth factors and opportunities
  - 6.5.4.4.2. Market size and forecast, by End User
  - 6.5.4.4.3. Market size and forecast, by Sales Channel
  - 6.5.4.4.3.1. Rest of LAMEA Business to Consumers Monosodium Glutamate Market by Subtype

CHAPTER 7: COMPETITIVE LANDSCAPE

7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top player positioning, 2021

CHAPTER 8: COMPANY PROFILES

8.1. Puramate
- 8.1.1. Company overview
- 8.1.2. Key Executives
- 8.1.3. Company snapshot
- 8.1.4. Operating business segments
- 8.1.5. Product portfolio
8.2. RM Chemicals
- 8.2.1. Company overview
- 8.2.2. Key Executives
- 8.2.3. Company snapshot
- 8.2.4. Operating business segments
- 8.2.5. Product portfolio
8.3. Tate & Lyle
- 8.3.1. Company overview
- 8.3.2. Key Executives
- 8.3.3. Company snapshot
- 8.3.4. Operating business segments
- 8.3.5. Product portfolio
- 8.3.6. Business performance
8.4. Linghua Group Limited
- 8.4.1. Company overview
- 8.4.2. Key Executives
- 8.4.3. Company snapshot
- 8.4.4. Operating business segments
- 8.4.5. Product portfolio
8.5. Meihua Holdings Group Co, Ltd
- 8.5.1. Company overview
- 8.5.2. Key Executives
- 8.5.3. Company snapshot
- 8.5.4. Operating business segments
- 8.5.5. Product portfolio
8.6. Ajinomoto Co., Inc
- 8.6.1. Company overview
- 8.6.2. Key Executives
- 8.6.3. Company snapshot
- 8.6.4. Operating business segments
- 8.6.5. Product portfolio
- 8.6.6. Business performance
8.7. The Glutamate Association
- 8.7.1. Company overview
- 8.7.2. Key Executives
- 8.7.3. Company snapshot
- 8.7.4. Operating business segments
- 8.7.5. Product portfolio
8.8. Cargill, Incorporated
- 8.8.1. Company overview
- 8.8.2. Key Executives
- 8.8.3. Company snapshot
- 8.8.4. Operating business segments
- 8.8.5. Product portfolio
- 8.8.6. Business performance
8.9. B&G Foods, Inc
- 8.9.1. Company overview
- 8.9.2. Key Executives
- 8.9.3. Company snapshot
- 8.9.4. Operating business segments
- 8.9.5. Product portfolio
- 8.9.6. Business performance
8.10. Foodchem International Corporation
- 8.10.1. Company overview
- 8.10.2. Key Executives
- 8.10.3. Company snapshot
- 8.10.4. Operating business segments
- 8.10.5. Product portfolio