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The monosodium glutamate (MSG) market is forecasted to grow by USD 1.64 billion during 2023-2028, accelerating at a CAGR of 5.52% during the forecast period. The report on the monosodium glutamate (MSG) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased awareness and acceptance of MSG, strategic marketing of MSG and product innovations by market vendors, and growing popularity of asian cuisines.
The monosodium glutamate (MSG) market is segmented as below:
By Distribution Channel
- Offline
- Online
By End-user
- Food processing industry
- Restaurants
- Institutional food service
- Direct consumer
By Geographical Landscape
- APAC
- Middle East and Africa
- Europe
- North America
- South America
The report on the monosodium glutamate (MSG) market covers the following areas:
- Monosodium glutamate (MSG) market sizing
- Monosodium glutamate (MSG) market forecast
- Monosodium glutamate (MSG) market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. IT presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Technavio Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Five Forces Analysis
7 Market Segmentation by Distribution Channel
8 Market Segmentation by End-user
9 Customer Landscape
10 Geographic Landscape
11 Drivers, Challenges, and Opportunity/Restraints
12 Competitive Landscape
13 Competitive Analysis
14 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global monosodium glutamate (MSG) market: Ace Ingredients Co. Ltd. , Ajinomoto Co. Inc., Badia Spices Inc., BAKERS AUTHORITY, Bolners Fiesta Products Inc., ChemCeed, Daesang Corp., Foodchem International Corp., Lerochem, Masda Chemical Pte Ltd, Meihua Holdings Group Co. Ltd., Merck KGaA, Pearl River Bridge, Prakash Chemicals Agencies Pvt. Ltd., Puramate India Pvt Ltd, The Great American Spice Co., Urban Platter, VEDAN Weidan Enterprise, Waltons, and World of Spice..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is expansion of MSG applications."
According to the report, one of the major drivers for this market is the increased awareness and acceptance of MSG.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Ace Ingredients Co. Ltd.
- Ajinomoto Co. Inc.
- Badia Spices Inc.
- BAKERS AUTHORITY
- Bolners Fiesta Products Inc.
- ChemCeed
- Daesang Corp.
- Foodchem International Corp.
- Lerochem
- Masda Chemical Pte Ltd
- Meihua Holdings Group Co. Ltd.
- Merck KGaA
- Pearl River Bridge
- Prakash Chemicals Agencies Pvt. Ltd.
- Puramate India Pvt Ltd
- The Great American Spice Co.
- Urban Platter
- VEDAN Weidan Enterprise
- Waltons
- World of Spice.