Major Players - Monosodium Glutamate Industry

Jun, 2023 - by CMI

Major Players - Monosodium Glutamate Industry

 

The primary driver of the expansion of the global monosodium glutamate market is the rising demand for MSG in the food and beverage sector. Furthermore, it is projected that a rise in restaurants will boost market growth. MSG is classified as generally recognised as safe (GRAS) by the U.S. Food and Drug Administration. Chinese eateries frequently season dishes with MSG. An umami-based condiment called Ajinomoto is frequently used in restaurants all around the world to add flavour. The flavour enhancer monosodium glutamate (MSG), usually referred to as sodium glutamate, is frequently used in processed meats, canned vegetables, soups, and Chinese food. Breast milk, tomatoes, soy sauce, and parmesan cheese are some examples of foods that naturally contain the sodium salt of glutamic acid. MSG imparts a distinct flavour to processed meals that can be described as "savoury" or "umami" in Japanese. The flavour enhancer also aids in lowering the amount of salt in food. The market in North America is anticipated to see constrained expansion as a result of the region's growing number of MSG control legislation.

According to Coherent Market Insights, The market for Monosodium Glutamate, which was valued at $4.4 billion in 2021, is anticipated to increase by 8.5% year from 2022 to 2031 to reach $9.8 billion.

Key Competitors in the  Monosodium Glutamate Industry:

1. E. I. du Pont de Nemours and Company

The company was founded in 2017 and has its main office in Delaware, United States. The company sells a wide range of goods, including consumer goods, building materials, adhesives, fabrics, fibres, home and garden items, resins for use in medical equipment, electrical components and textiles. DuPont declared its intention to purchase Rogers Corporation in November 2021 in a deal estimated to be worth $5.2 billion. DuPont unveiled the revolutionary next-generation armour fibre Kevlar® EXOTM in April 2023.

2. Ajinomoto, Co., Inc.

The company was founded in 1909 and has its main office in Tokyo, Japan. Seasonings, edible oils, processed meals, drinks, and dairy products are just a few of the food goods that Ajinomoto Co., Inc. produces and distributes. Ajinomoto declared its Nutrition Commitment for 2021, a particular objective for enhancing nutrition, and filed it on the commitment registration website (Global Nutrition Report) on October 26. Ajinomoto was initially listed on CDP's "Climate Change A List for 2020" in December 2020.

3. Qingdao Century Minghui Co., Ltd

The firm was started in 2007 and has its headquarters in China. The business provides ingredients to the beverage and food industries. Dextrose and potassium sorbate are only two examples of the company's various products with diverse uses. These applications include the elimination of odour, improved chemical stability, sweetener additions, and mildew prevention.

4. Korai Enterprises

The company was started in 2011 and is based in Gujarat, India. The business is a top exporter and importer of agricultural products and food products. One of the top exporters with a successful track record in the food goods industry across a number of nations is Korai Enterprises.

Definition: Glutamic acid's sodium counterpart is monosodium glutamate, also referred to as sodium glutamate. This glutamic acid type of MSG is a naturally occurring component of various meals, such as tomatoes and cheese.

 

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