Monosodium Glutamate Market

Global Monosodium Glutamate Market Size (2024 to 2029)

The Global Monosodium Glutamate Market share value in 2024 was 6.96 billion, and it is expected to grow at a CAGR of 5.00% during the forecast period 2024 -2029 to reach USD 8.88 billion by 2029.

The Sodium salt of glutamic acid, a commonly occurring amino acid, is monosodium glutamate. This is naturally present in human bodies, food, and food additives. MSG is used as a flavor enhancer. This is a food additive in restaurants and packaged food such as soups, meat, and other food products. Monosodium glutamate is a famous and purest form of umami, the fifth taste. This is used to increase the umami flavors in various food products such as broths, soup, etc. Monosodium glutamate is partially replaced for salt, containing one-third of the sodium. It is mainly used in Asian cuisines and processed food manufacturing in Western food. Monosodium glutamate is naturally present in meat, fish, eggs and dairy products, tomatoes, corn, and nuts. This plays an important role in normal body functioning. This is also used in frozen foods, spice mixes, etc. Monosodium glutamate is used as a tabletop seasoning. The consumption of MSG may lead to cause some side effects.

The increase in government initiatives for animal husbandry helps create opportunities in the market. This helps to increase demand for monosodium glutamate, as they are used in animal feed products. Additionally, many market key players are increasing their investments in this market which helps to drive market growth over the forecasting period. Monosodium glutamate is used to treat hepatic coma; this help to fuel market growth in the coming years. 

Global Monosodium Glutamate Market Drivers:

The increase in consumption of packaged food is one of the major driving factors in the Monosodium glutamate market. This is because monosodium glutamate is used in huge amounts in these food products. Additionally, the increase in the consumption of fast food and the increase in their outlets drives the market growth. This is due to the increase in the adoption of a sedentary lifestyle. People are consuming fast food in more amounts as compared to healthy food. The increase in demand for convenience food and consumers’ preference for food drives market growth. This is due to the hectic lifestyle in the urban areas and the majority of the working population, as these food products reduce the time required to cook food. Various food products like cakes, ice creams, and fast food help to drive market growth. As these food products use monosodium glutamate as a food additive, this helps to increase the demand for MSG, driving market growth.The increase in meat consumption among the population drives the monosodium glutamate market growth. There is a change in consumer preference in developed and developing countries towards meat consumption. More people are consuming meat nowadays. For instance, per the Department of Agriculture, Fisheries and Forestry, global meat consumption increased by 58% from 20 years to 2018 to 360 million tonnes. This led to increased demand for monosodium glutamate, which is used in animal feed. Additionally, the increase in animal husbandry's growth helps drive market growth. This is due to increased government initiatives encouraging animal husbandry to drive market growth. 

Global Monosodium Glutamate Market Restraints:

Despite the advantages of monosodium glutamate, some factors restrict monosodium glutamate market growth. There are various side effects associated with monosodium glutamate overconsumption. The overconsumption of monosodium glutamate led to cause some side effects. The side effects of monosodium glutamate are headaches, Flushing, Sweating, Face pressure or tightness, Lack of feeling (numbness), tingling or burning in the face, neck, and other areas, Quick, fluttering heartbeats, Chest pain, Feeling sick (nausea), Weakness, etc. Because of these side effects, many restaurants are avoiding using monosodium glutamate. This led to a decrease in demand for monosodium glutamate. 

Impact of COVID-19 on the Monosodium Glutamate Market:

COVID-19 negatively impacted market growth of various industries. Mainly the food and beverage industry was affected by the pandemic. The worldwide restriction on monosodium glutamate decreased the demand for these in the industry. During COVID-19, the outrage of the disease led to the closing of shops, and online sites that deliver the product at home, decreased the demand for MSG worldwide. These restrictions led to disruption in supply chain management. MSG is used in animal feed products as there was a decrease in animal husbandry worldwide. This led to a decrease in demand for Monosodium Glutamate. During COVID-19, there was a decrease in the consumption of meat, and people are consuming vegetarian food. This led to a decrease in demand for meat that led to a decrease in demand for monosodium glutamate. Post-COVID-19 era, there was a slight growth in the monosodium glutamate market due to an increase in the consumption of processed and fast food. 

REPORT COVERAGE: 

This research report on the Global Monosodium Glutamate Market has been segmented and sub-segmented based on application, end-user & region. 

Global Monosodium Glutamate Market - By Application:

• Additives
• Preservatives
• Flavor enhancers
• Acidity regulators
• Others

Among these, the additives segment dominates the monosodium glutamate market. The additives segment is expected to show its dominance over the forecasting period. This is due to an increase in demand for convenience food. The monosodium glutamate is used to enhance the taste of the food product. Additionally, the increase in disposal income among the population leads to an increase in demand for MSG. The flavor enhancer segment is expected to show the fastest CAGR growth in the monosodium glutamate market over the forecasting period. This is due to an increase in demand for these in noodles, soup, and broth. Additionally, the increase in meat consumption among the population drives segmental growth.

Global Monosodium Glutamate Market - By End-User:

• Food Processing Industry
• Medical/pharmaceutical industry
• Livestock Industry
• Cosmetic Industry
• Others

Among these, the food processing industry segment dominates the monosodium glutamate market. The food processing industry segment is expected to show its dominance over the forecasting period. This is due to an increase in demand for monosodium glutamate in the food and beverage industry, as monosodium glutamate is used in the manufacturing of processed and fast foods. Nowadays, major of the population is adopting a sedentary lifestyle, this lead to an increase in the consumption of processed food. This is due to these foods saving time and increasing convenience, which increases customer satisfaction. This drives segmental growth in the monosodium glutamate market. The livestock segment is expected to show the fastest growth in the monosodium glutamate market as MSG is used in the manufacturing of animal feed products. The increase in the consumption of meat drives segmental growth.

Global Monosodium Glutamate Market - By Region:

• North America 
• Europe 
• Asia-Pacific 
• South America 
• Middle East & Africa 

Regionally, the Asia Pacific region dominates the Monosodium Glutamate Market. The Asia Pacific region is expected to show dominance in the Monosodium Glutamate market over the forecasting period. This is due to an increase in production of these in emerging countries like China and Indonesia. Additionally, the increase in consumer preference for the consumption of fast food drives regional growth. The increase in the adoption of a sedentary lifestyle increases the demand for MSG in the region. This region is the main producer and consumer in the market due to the increase in the use of monosodium glutamate in various industries such as animal feed industries, food, and beverage industries, etc. The increase in consumption of meat in the region fuels market growth.

The North American region is expected to have significant growth in the Monosodium Glutamate Market over the forecasting period. This is due to an increase in the use of monosodium glutamate as a food additive; taste enhancer increases the demand for this MSG. The increase in consumption of fast food increases the demand for MSG. The millennial generation prefers eating processed food over home-cooked food because of their busy lifestyle. This drives regional growth in the monosodium glutamate market. The European region is expected to show the fastest CAGR growth in the monosodium glutamate market over the forecasting period. In the European region, the increase in the consumption of Asian food, which has the food additives such as MSG. Helps to drive European market growth. The food that has MSG in it enhances the taste of the food product. In Latin America, Brazil country is the major key player in the market.

KEY MARKET PLAYERS:

key market players Of Global Monosodium Glutamate Market are Meihua Holdings Group Co, Ltd, B&G Foods, Inc, Linghua Group Limited, Puramate, RM Chemicals, Ajinomoto Co., Inc, The Glutamate Association, Foodchem International Corporation, Tate & Lyle, Cargill Incorporated.

RECENT HAPPENINGS IN THE MARKET:

In Jan 2020, Ajinomoto India, a subsidiary of the Japanese parent business, intended to increase its market share in India's northern and eastern areas by increasing its sales network.