North America Monosodium Glutamate Market

North America Monosodium Glutamate Market Size, Share & Industry Trends Analysis Report By Sales Channel, By End User (Food Processing & Services Industry, Livestock & Pet Food Industry, Retail sector, and Others), By Country and Growth Forecast, 2023 - 2030

Report Id: KBV-18245 Publication Date: October-2023 Number of Pages: 126
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Market Report Description

The North America Monosodium Glutamate Market would witness market growth of 7.6% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 629.8 Kilo Tonnes, showcasing a growth of 6.4% (2019-2022).

MSG is widely used in the food industry across the region. MSG is primarily produced through fermentation, where specific strains of bacteria are used to ferment sugars. The use of MSG is subject to regulatory oversight in many countries. Regulations often specify maximum allowable levels of MSG in food products to ensure safety. These regulations may also require labeling when MSG is used in food products.

Many restaurants and food service establishments use MSG in their recipes to enhance the taste of various dishes. MSG can be added to meat and poultry products to improve flavor and tenderness. It is often used in marinades and rubs for meat. MSG is used in salad dressings and condiments to enhance these products' overall taste and appeal. In vegetarian and vegan cooking, MSG can add umami flavor to dishes that may lack the savory taste often associated with meat. The use of MSG is regulated in many countries, and food manufacturers often have to adhere to specific guidelines regarding its use and labeling. MSG is sometimes used in low-sodium or reduced-fat food products to compensate for reducing salt or fat content while maintaining flavor.

The umami taste sensation, which MSG is known to enhance, has gained recognition and popularity among chefs and food enthusiasts in North America. This has led to using MSG to intensify the savory aspect of dishes in restaurants and home cooking. North America has seen the growth of specialty restaurants that focus on international cuisines, fusion dishes, and authentic flavors. According to the USDA, the total export value of US dairy, livestock, and poultry was $37.88 Billion in 2022. The growth of the dairy, livestock, and poultry industries in the United States is closely linked to consumer demand for animal products, and the use of MSG in animal feed plays a role in sustaining the health and productivity of these animals. As long as the demand for meat, dairy, and other animal products continues to grow, there is likely to be a sustained demand for MSG as a feed additive. The factors mentioned above will boost the market expansion across the region.

The US market dominated the North America Monosodium Glutamate Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,308.8 Million by 2030. The Canada market is exhibiting a CAGR of 10% during (2023 - 2030). Additionally, The Mexico market would experience a CAGR of 9% 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 U.S., Mexico, Canada, and Rest of North America.

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.

Scope of the Study

Market Segments Covered in the Report:

By Sales Channel (Volume, Kilo Tonnes, USD Billion, 2019-2030)

  • Business to Business
  • Business to Consumers
    • Supermarket & Hypermarkets
    • Convenience Stores
    • Online Stores
    • Others

By End User (Volume, Kilo Tonnes, USD Billion, 2019-2030)

  • Food Processing & Services Industry
  • Livestock & Pet Food Industry
  • Retail sector
  • Others

By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)

  • US
  • Canada
  • Mexico
  • Rest of North America

Key Market Players

List of Companies Profiled in the Report:

  • Meihua Holdings Group Co, Ltd
  • B&G Foods, Inc.
  • M Chemicals Pvt. Ltd
  • Linghua Group Limited
  • Puramate India Pvt Ltd
  • Tate & Lyle PLC
  • Foodchem International Corporation
  • Ajinomoto Co., Inc.
  • Cargill, Incorporated
  • Kerry Group plc
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