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Glumatic Acid and Monosodium Market Size By Application, Industry Analysis Report, Regional Outlook (Europe, North America, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Share & Forecast 2023 - 2030

ID : MRU_48417 | Date : Jan, 2023 | Pages : 186 | Region : Global

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Monosodium glutamate (MSG, also known as sodium glutamate) is the sodium salt of glutamic acid, one of the most abundant naturally occurring non-essential amino acids. Glutamic acid is found naturally in tomatoes, grapes, cheese, mushrooms and other foods.MSG is used in the food industry as a flavor enhancer with an umami taste that intensifies the meaty, savory flavor of food, as naturally occurring glutamate does in foods such as stews and meat soups. It was first prepared in 1908 by Japanese biochemist Kikunae Ikeda, who was trying to isolate and duplicate the savory taste of kombu, an edible seaweed used as a base for many Japanese soups. MSG as a flavor enhancer balances, blends, and rounds the perception of other tastes.
Shift of consumer preference towards processed food consumption owing to hectic lifestyles is a key point to drive market. Processed food is seen as an easy availability to consumers with the increase in middle class disposable income levels. This factor is likely to favor processed food industry growth over the next few years. Increasing keenness towards consuming food containing natural minerals and additives such as bulking agents, antioxidants, antifoaming agents, among other coupled with increasing health consciousness by the consumer are likely to favour monosodium & glutamic acid market in future. Asia-Pacific has the highest market share for MSG and glumatic acid, the India and China food processing industries are estimated to witness a growth over the forecast period.
The Global Glumatic Acid and Monosodium Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023-2030.

In the global Glumatic Acid and Monosodium Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-
Ajinomoto
Sunrise Nutrachem Group
Royal DSM
Shaanxi Sciphar Hi-tech Industry
Prinova
Global Bio-chem Technology Group Company Limited
Tokyo Chemical Industry


In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :
Meats
Cereals
Soy Protein
Certain Algae

In Market segmentation by applications :
Food Processing
Animal Feed
Medical &Pharmaceutical

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Glumatic Acid and Monosodium Market for the forecast period 2023-2030?
• What are the driving forces in the Glumatic Acid and Monosodium Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Glumatic Acid and Monosodium industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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