Report Detail
Global Monosodium Glutamate (MSG) Market Growth 2019-2024
- RnM2925342 |
- 11 February, 2019 |
- Global |
- 137 Pages |
- LPI(LP Information) |
- Other
Monosodium Glutamate (MSG), is sodium salt of the common amino acid glutamic acid. MSG is found in tomatoes, Parmesan cheese, potatoes, mushrooms, and other vegetables and fruits, which is produced in laboratory by the fermentation of some carbohydrate based products like molasses.
First, World MSG capacity has rapidly expanded in recent years. World production and consumption of MSG have also recently increased significantly. The primary worldwide use of MSG is as a flavor enhancer in food. MSG functions as a basic flavor, referred to as umami in Japan. Virtually all MSG is consumed in the production of foods. A negligible amount of MSG is used in animal feeds. The recent rapid increases in world production and consumption of MSG are related to rapid increases in Chinese production and consumption. MSG capacity is largely concentrated in Asia, where feed stocks and labor are abundant and inexpensive and where demand is highest. Asian production accounted for more than 90% of world MSG production now.
Second, many companies have several plants, usually close to aimed consumption market. There are international companies set up factories in China too, such as Ajinomoto.
Third, all manufactures in the world are committed to the improvement of product. These two years, some Chinese manufactures can almost catch up with the world's leading technology too.
Fourth, the import and export percent of this industry is not high. And many international manufactures expand their business through building factories or investments.
Fifth, company mergers and acquisitions, and inter-companies cooperation have occurred for development and growth. As the downstream consumption usually follows with developed and rapid economic growth areas, the developed areas’ company prefers investing to underdevelopment regions these years.
Sixth, this industry is affected by the economy and policy, so it’s important to put an eye to economic indexes and leaders’ prefer. With the global economic recovery, more and more people pay attention to rising environment standards, especially in underdevelopment regions that have a large population and fast economic growth, the need of Monosodium Glutamate (MSG) will increase.
Seventh, we tend to believe this industry now is close to mature, and the consumption increasing degree will show a smooth curve. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
According to this study, over the next five years the Monosodium Glutamate (MSG) market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Monosodium Glutamate (MSG) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Monosodium Glutamate (MSG) market by product type, application, key manufacturers and key regions and countries.
This study considers the Monosodium Glutamate (MSG) value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Monosodium Glutamate
Salted Monosodium Glutamate
Special Monosodium Glutamate
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
food Manufacturing
Catering
Family
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Fufeng Group Company
Meihua Biological Technology
Ningxia EPPEN Company
Henan Lotus Gourmet Powder
Shandong Qilu Group Company
Shandong Xinle Bioengineering
Fujian Wuyi MSG Company
Ajinomoto Group Company
Great American Spice Company
McCormick & Company
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Monosodium Glutamate (MSG) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Monosodium Glutamate (MSG) market by identifying its various subsegments.
Focuses on the key global Monosodium Glutamate (MSG) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Monosodium Glutamate (MSG) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Monosodium Glutamate (MSG) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents
2019-2024 Global Monosodium Glutamate (MSG) Consumption Market Report
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Monosodium Glutamate (MSG) Consumption 2014-2024
- 2.1.2 Monosodium Glutamate (MSG) Consumption CAGR by Region
- 2.2 Monosodium Glutamate (MSG) Segment by Type
- 2.2.1 Monosodium Glutamate
- 2.2.2 Salted Monosodium Glutamate
- 2.2.3 Special Monosodium Glutamate
- 2.3 Monosodium Glutamate (MSG) Consumption by Type
- 2.3.1 Global Monosodium Glutamate (MSG) Consumption Market Share by Type (2014-2019)
- 2.3.2 Global Monosodium Glutamate (MSG) Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global Monosodium Glutamate (MSG) Sale Price by Type (2014-2019)
- 2.4 Monosodium Glutamate (MSG) Segment by Application
- 2.4.1 food Manufacturing
- 2.4.2 Catering
- 2.4.3 Family
- 2.5 Monosodium Glutamate (MSG) Consumption by Application
- 2.5.1 Global Monosodium Glutamate (MSG) Consumption Market Share by Application (2014-2019)
- 2.5.2 Global Monosodium Glutamate (MSG) Value and Market Share by Application (2014-2019)
- 2.5.3 Global Monosodium Glutamate (MSG) Sale Price by Application (2014-2019)
3 Global Monosodium Glutamate (MSG) by Players
- 3.1 Global Monosodium Glutamate (MSG) Sales Market Share by Players
- 3.1.1 Global Monosodium Glutamate (MSG) Sales by Players (2017-2019)
- 3.1.2 Global Monosodium Glutamate (MSG) Sales Market Share by Players (2017-2019)
- 3.2 Global Monosodium Glutamate (MSG) Revenue Market Share by Players
- 3.2.1 Global Monosodium Glutamate (MSG) Revenue by Players (2017-2019)
- 3.2.2 Global Monosodium Glutamate (MSG) Revenue Market Share by Players (2017-2019)
- 3.3 Global Monosodium Glutamate (MSG) Sale Price by Players
- 3.4 Global Monosodium Glutamate (MSG) Manufacturing Base Distribution, Sales Area, Product Types by Players
- 3.4.1 Global Monosodium Glutamate (MSG) Manufacturing Base Distribution and Sales Area by Players
- 3.4.2 Players Monosodium Glutamate (MSG) Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
4 Monosodium Glutamate (MSG) by Regions
- 4.1 Monosodium Glutamate (MSG) by Regions
- 4.1.1 Global Monosodium Glutamate (MSG) Consumption by Regions
- 4.1.2 Global Monosodium Glutamate (MSG) Value by Regions
- 4.2 Americas Monosodium Glutamate (MSG) Consumption Growth
- 4.3 APAC Monosodium Glutamate (MSG) Consumption Growth
- 4.4 Europe Monosodium Glutamate (MSG) Consumption Growth
- 4.5 Middle East & Africa Monosodium Glutamate (MSG) Consumption Growth
5 Americas
- 5.1 Americas Monosodium Glutamate (MSG) Consumption by Countries
- 5.1.1 Americas Monosodium Glutamate (MSG) Consumption by Countries (2014-2019)
- 5.1.2 Americas Monosodium Glutamate (MSG) Value by Countries (2014-2019)
- 5.2 Americas Monosodium Glutamate (MSG) Consumption by Type
- 5.3 Americas Monosodium Glutamate (MSG) Consumption by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Monosodium Glutamate (MSG) Consumption by Countries
- 6.1.1 APAC Monosodium Glutamate (MSG) Consumption by Countries (2014-2019)
- 6.1.2 APAC Monosodium Glutamate (MSG) Value by Countries (2014-2019)
- 6.2 APAC Monosodium Glutamate (MSG) Consumption by Type
- 6.3 APAC Monosodium Glutamate (MSG) Consumption by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Monosodium Glutamate (MSG) by Countries
- 7.1.1 Europe Monosodium Glutamate (MSG) Consumption by Countries (2014-2019)
- 7.1.2 Europe Monosodium Glutamate (MSG) Value by Countries (2014-2019)
- 7.2 Europe Monosodium Glutamate (MSG) Consumption by Type
- 7.3 Europe Monosodium Glutamate (MSG) Consumption by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Monosodium Glutamate (MSG) by Countries
- 8.1.1 Middle East & Africa Monosodium Glutamate (MSG) Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa Monosodium Glutamate (MSG) Value by Countries (2014-2019)
- 8.2 Middle East & Africa Monosodium Glutamate (MSG) Consumption by Type
- 8.3 Middle East & Africa Monosodium Glutamate (MSG) Consumption by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Marketing, Distributors and Customer
- 10.1 Sales Channel
- 10.1.1 Direct Channels
- 10.1.2 Indirect Channels
- 10.2 Monosodium Glutamate (MSG) Distributors
- 10.3 Monosodium Glutamate (MSG) Customer
11 Global Monosodium Glutamate (MSG) Market Forecast
- 11.1 Global Monosodium Glutamate (MSG) Consumption Forecast (2019-2024)
- 11.2 Global Monosodium Glutamate (MSG) Forecast by Regions
- 11.2.1 Global Monosodium Glutamate (MSG) Forecast by Regions (2019-2024)
- 11.2.2 Global Monosodium Glutamate (MSG) Value Forecast by Regions (2019-2024)
- 11.2.3 Americas Consumption Forecast
- 11.2.4 APAC Consumption Forecast
- 11.2.5 Europe Consumption Forecast
- 11.2.6 Middle East & Africa Consumption Forecast
- 11.3 Americas Forecast by Countries
- 11.3.1 United States Market Forecast
- 11.3.2 Canada Market Forecast
- 11.3.3 Mexico Market Forecast
- 11.3.4 Brazil Market Forecast
- 11.4 APAC Forecast by Countries
- 11.4.1 China Market Forecast
- 11.4.2 Japan Market Forecast
- 11.4.3 Korea Market Forecast
- 11.4.4 Southeast Asia Market Forecast
- 11.4.5 India Market Forecast
- 11.4.6 Australia Market Forecast
- 11.5 Europe Forecast by Countries
- 11.5.1 Germany Market Forecast
- 11.5.2 France Market Forecast
- 11.5.3 UK Market Forecast
- 11.5.4 Italy Market Forecast
- 11.5.5 Russia Market Forecast
- 11.5.6 Spain Market Forecast
- 11.6 Middle East & Africa Forecast by Countries
- 11.6.1 Egypt Market Forecast
- 11.6.2 South Africa Market Forecast
- 11.6.3 Israel Market Forecast
- 11.6.4 Turkey Market Forecast
- 11.6.5 GCC Countries Market Forecast
- 11.7 Global Monosodium Glutamate (MSG) Forecast by Type
- 11.8 Global Monosodium Glutamate (MSG) Forecast by Application
12 Key Players Analysis
- 12.1 Fufeng Group Company
- 12.1.1 Company Details
- 12.1.2 Monosodium Glutamate (MSG) Product Offered
- 12.1.3 Fufeng Group Company Monosodium Glutamate (MSG) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.1.4 Main Business Overview
- 12.1.5 Fufeng Group Company News
- 12.2 Meihua Biological Technology
- 12.2.1 Company Details
- 12.2.2 Monosodium Glutamate (MSG) Product Offered
- 12.2.3 Meihua Biological Technology Monosodium Glutamate (MSG) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.2.4 Main Business Overview
- 12.2.5 Meihua Biological Technology News
- 12.3 Ningxia EPPEN Company
- 12.3.1 Company Details
- 12.3.2 Monosodium Glutamate (MSG) Product Offered
- 12.3.3 Ningxia EPPEN Company Monosodium Glutamate (MSG) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.3.4 Main Business Overview
- 12.3.5 Ningxia EPPEN Company News
- 12.4 Henan Lotus Gourmet Powder
- 12.4.1 Company Details
- 12.4.2 Monosodium Glutamate (MSG) Product Offered
- 12.4.3 Henan Lotus Gourmet Powder Monosodium Glutamate (MSG) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.4.4 Main Business Overview
- 12.4.5 Henan Lotus Gourmet Powder News
- 12.5 Shandong Qilu Group Company
- 12.5.1 Company Details
- 12.5.2 Monosodium Glutamate (MSG) Product Offered
- 12.5.3 Shandong Qilu Group Company Monosodium Glutamate (MSG) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.5.4 Main Business Overview
- 12.5.5 Shandong Qilu Group Company News
- 12.6 Shandong Xinle Bioengineering
- 12.6.1 Company Details
- 12.6.2 Monosodium Glutamate (MSG) Product Offered
- 12.6.3 Shandong Xinle Bioengineering Monosodium Glutamate (MSG) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.6.4 Main Business Overview
- 12.6.5 Shandong Xinle Bioengineering News
- 12.7 Fujian Wuyi MSG Company
- 12.7.1 Company Details
- 12.7.2 Monosodium Glutamate (MSG) Product Offered
- 12.7.3 Fujian Wuyi MSG Company Monosodium Glutamate (MSG) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.7.4 Main Business Overview
- 12.7.5 Fujian Wuyi MSG Company News
- 12.8 Ajinomoto Group Company
- 12.8.1 Company Details
- 12.8.2 Monosodium Glutamate (MSG) Product Offered
- 12.8.3 Ajinomoto Group Company Monosodium Glutamate (MSG) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.8.4 Main Business Overview
- 12.8.5 Ajinomoto Group Company News
- 12.9 Great American Spice Company
- 12.9.1 Company Details
- 12.9.2 Monosodium Glutamate (MSG) Product Offered
- 12.9.3 Great American Spice Company Monosodium Glutamate (MSG) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.9.4 Main Business Overview
- 12.9.5 Great American Spice Company News
- 12.10 McCormick & Company
- 12.10.1 Company Details
- 12.10.2 Monosodium Glutamate (MSG) Product Offered
- 12.10.3 McCormick & Company Monosodium Glutamate (MSG) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.10.4 Main Business Overview
- 12.10.5 McCormick & Company News
13 Research Findings and Conclusion
Summary:
Get latest Market Research Reports on Monosodium Glutamate (MSG) . Industry analysis & Market Report on Monosodium Glutamate (MSG) is a syndicated market report, published as Global Monosodium Glutamate (MSG) Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Monosodium Glutamate (MSG) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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