Monosodium Glutamate Market Growing at 8.5% CAGR to Hit USD 9.8 Billion by 2031
According to a new report published by Allied Market Research, titled, “Monosodium Glutamate Market," The growing demand for MSG from the food and beverage industry is the main factor driving growth of the global monosodium glutamate market.
The monosodium glutamate
market was valued at $4.4 billion in 2021, and is estimated to reach $9.8
billion by 2031, growing at a CAGR of 8.5% from 2022 to 2031.
A rise in eateries is
anticipated to fuel industry expansion. However, it is anticipated that broad
misunderstanding of MSG side effects, such as headaches and other unpleasant
sensations, may impede market expansion. The desire from consumers for items without
MSG has led to various products and restaurants claiming to use no added MSG.
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The key players profiled
in this report include 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.
Monosodium glutamate (MSG)
is the sodium salt of glutamic acid, one of the most abundant naturally
occurring non-essential amino acids. Tomatoes, Parmesan cheese, potatoes,
mushrooms, and other vegetables, meat, dairy products, and fruits all naturally
contain glutamate. Similar to how naturally occurring glutamate does in dishes
such as stews and meat soups, MSG is utilized in the food business as a flavor
enhancer with an umami taste that intensifies the meaty, savory flavor of food.
As a flavor enhancer, MSG balances and combines the perception of other tastes.
It is particularly common in Japanese and Chinese cuisine. Thus, increasing use
of flavor enhancers in food service industry are likley to supplement for
the monosodium glutamate market growth.
Increasing demand for
processed & packaged food and increasing consumer preference for ready to
eat and ready to cook food are expected to surge the growth of the monosodium
glutamate market size. The development of processing methods to increase
the shelf life of food products is responsible for the expansion of the
packaged food sector. Additionally, the global rise in the working population
and changes in food consumption patterns are what fuel market expansion. The
availability of packaged food has expanded as a result of improvements in
retail infrastructure, and this rising ease of obtaining food products,
combined with choices for free home delivery and various promotional offers has
contributed to the expansion of the global packaged food market. Thus, growing
demand for packaged food is expected to influence monosodium glutamate market
share.
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Monosodium glutamate
offers more benefits from a health and nutritional perspective. MSG can cause
the human brain to produce a delightful experience. It is abundantly present in
protein-rich food. After being consumed, monosodium glutamate causes the body
to produce glutamic acid, a type of amino acid found in all proteins and
beneficial to human health. Monosodium glutamate can increase delicate flavor
in cooked food, improve appetite of the eater, stimulate secretion of human
digestive juice and contribute to digestive absorption of the food in human
body. Sodium glutamate blends flawlessly with meat, fish, poultry, different
types of vegetables, spices, soups, and marinades to enhance the flavor of
certain food. Additionally, sodium glutamate interacts with salt (sodium
chloride) and other delicate flavoring ingredients (such as nucleotide). It
should use the appropriate concentration in order to produce the best flavor.
These qualities make sodium glutamate suitable for use in lowering salt intake
(sodium). Sodium glutamate can still enhance the flavor of low-salt meals even
though the amount of salt has been lowered by 30%.
The majority of food
additives function as either preservatives or flavor enhancers. The model study
demonstrates the detrimental consequences of monosodium glutamate, which have
been the subject of research. It can cause a strong headache, a burning feeling,
raise the prevalence of obesity and asthma, and have an impact on male
fertility. It also affects the kidneys of adult Wistar rats, and research
indicated that the kidney’s functioning may have been negatively impacted as a
result of the kidney’s related cellular necrosis and distortion of the
cyto-architecture of the renal cortical structures. Although there isn’t enough
proof to say that MSG is the only thing to blame for various ailments. The
believed side effects of the over consumption of MSG through packaged food and
processed food products are expected to hamper the growth of the monosodium
glutamate market size.
According to the
monosodium glutamate 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).
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On the basis of end user,
the livestock and pet food industry segment is expected to reach $1,377.3
million by 2031, with a CAGR of 8.5%. Rise in consumption of meat products and
increase in demand for meat-based products are the primary factors that augment
growth of the feed industry. Animal feed, such as pasture grasses, cereal
grains, hay, and silage crops, are formulated with the help of nutritional
additives, such as vitamins and minerals, to maintain the health of animals and
improve quality of end products, including meat, eggs, and milk. Therefore,
animals are provided with high quality and nutritionally balanced feed to
enhance the quality of meat and increase productivity. Additionally, animal
feed's flavor is just as important as its nutritional content. It is relatively
simple to feed animals flavorful animal feed. As a result, the market for pet
food and animal feed is seeing an increase in the use of monosodium glutamate.
Thus, above factors are likley to supplement for the growth of the monosodium
glutamate industry during forecast period.
According to the
monosodium glutamate market trends, depending on sales channel, the business to
consumer segment was valued at $1,000.8 million in 2021 and is expected to grow
at highest CAGR of 9.4%. Monosodium glutamate demand is being further boosted
by rising home consumption through supermarkets, hypermarkets, online
retailers, and other outlets. The business to consumer segment is expected to
drive the expansion of the monosodium glutamate market due to the availability
of food additives in retail packaging and the expanding use of flavor enhancers
in home meal preparation.
Region wise, North America
garnered a significant monosodium glutamate market share in 2021 and is
expected to maintain its market share throughout monosodium glutamate market
forecast period. Monosodium glutamate has been gaining significant traction in
the North America food processing industry as it is widely used to enhance
taste and maintain natural flavor of the processed food. Increasing consumption
of ready-to-eat food across the globe owing to hectic lifestyle is expected to
fuel the demand for ready-to-eat products including bakery, confectionery,
dairy and other processed food products, which boosts the monosodium glutamate
market demand during the forecast period. Innovation in food processing
technology, upsurge in the demand for processed food, and rising research &
development in food processing machinery are expected to supplement the growth
of the food processing industry in North America which turn generate demand for
food additives including monosodium glutamate.
The players operating in
the monosodium glutamate industry have adopted product launch and business
expansion as their key developmental strategies to expand their market share,
increase profitability, and remain competitive in the market and gain monosodium
glutamate market opportunities.
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Key finding of the study
- By end user, the retail sector segment is
estimated to witness significant growth, registering a CAGR of 9.4% during
the forecast period.
- In 2021, depending on sales channel, the online
stores segment is expected to grow at a CAGR of 10.0%.
- In 2021, the China was the most prominent market
in Asia-Pacific and is projected to grow at a CAGR of 7.9% during the
forecast period.
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