Market Outlook
On the basis of region, the global monosodium glutamate market is segmented into North America, Latin America, Europe, Asia Pacific, Africa, and Middle East. Asia Pacific is expected to hold dominant position in the market over the forecast period. China is a major producer and consumer of MSG. Increasing consumption of packaged food and growing restaurant industry is a major factor boosting market share of India.
The market in North America is expected to witness restricted growth, owing to increasing number of regulations to control the use of MSG in the region. However, no significant evidence regarding alleged side effects of MSG is expected to contribute to the market growth in the region to some extent. The market in Middle East is majorly driven by high number of restaurants and growing tourism industry in the region.
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