The Asia Pacific Monosodium Glutamate Market would witness market growth of 8.1% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 1,618.6 Kilo Tonnes, showcasing a growth of 6.6% (2019-2022).
Food additives are commonly used in the food industry to improve food's nutrition, taste, color, appearance, and texture. In the culinary industry, flavoring agents are divided into twenty-five classes containing approximately 230 distinct chemicals. Flavor enhancers impart savory, umami, and brothy flavors to food. Monosodium glutamate is one of processed foods' most commonly used flavor enhancers and stabilizers. As per the 2020 National Library of Medicine article, the estimated daily MSG intake in developed economies ranges from 0.3 to 1.0 g.
MSG is generally recognized as safe (GRAS) by regulatory authorities in many countries. It is approved as a food additive for use in a wide range of processed foods. Regulatory bodies have established an acceptable daily intake (ADI) for MSG, which represents the amount that can be consumed daily over a person's lifetime without adverse effects. The ADI for MSG is typically expressed in milligrams of MSG per kilogram of body weight. Glutamic acid, one of the components of MSG, occurs naturally in many foods, such as tomatoes, mushrooms, and soy sauce. It is an essential amino acid and a normal component of human protein.
MSG is highly versatile and can be used in various forms, such as a seasoning, a flavor enhancer, or a component of sauces and condiments. It can be added to multiple dishes, from soups and stir-fries to snacks and sauces, making it a valuable ingredient in Asia Pacific cuisine. According to the Australian Trade and Investment Commission, Chinese pet food imports grew from 9,813MT in 2016 to 97,560MT in 2021. By 2025, the value of China's pet food industry is expected to exceed US$16 billion. The growing pet food industry in China has driven the demand for MSG as a flavor enhancer and nutritional component in pet food products. As pet ownership continues to increase and pet owners seek high-quality and palatable food options for their animals, the role of MSG in pet food is likely to remain significant, contributing to the market's growth. The above elements will drive market growth across the region in the upcoming years.
The China market dominated the Asia Pacific Monosodium Glutamate Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,061.1 Million by 2030. The Japan market is registering a CAGR of 7.3% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 8.8% during (2023 - 2030).
Based on Sales Channel, the market is segmented into Business to Business, and Business to Consumers (Supermarket & Hypermarkets, Convenience Stores, Online Stores, Others). Based on End User, the market is segmented into Food Processing & Services Industry, Livestock & Pet Food Industry, Retail sector, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Global Monosodium Glutamate Market is Predict to reach USD 8.3 Billion by 2030, at a CAGR of 7.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Meihua Holdings Group Co, Ltd, B&G Foods, Inc., R.M Chemicals Pvt. Ltd, Linghua Group Limited, Puramate India Pvt Ltd, Tate & Lyle PLC, Foodchem International Corporation, Ajinomoto Co., Inc., Cargill, Incorporated, and Kerry Group plc.
By Sales Channel (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By End User (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
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