Deerfield Beach, FL, March 17, 2016 (GLOBE NEWSWIRE) -- Zion Research has published a new report titled “Monosodium Glutamate Market for Food Processing Industry, Restaurants and Institutional Food Service Applications: Global Industry Perspective, Comprehensive Analysis And Forecast, 2014 - 2020.” According to the report, the global monosodium glutamate market was valued at USD 4,500.0 million in 2014, and is expected to generate revenue of USD 5,850.0 million by end of 2020, growing at a CAGR of 4.5% between 2015 and 2020. In terms of volume, the global monosodium glutamate market was stood at around 3,000.0 kilo tons in 2014.
Monosodium glutamate is most commonly known as MSG and is also called as sodium glutamate. MSG is a non-essential amino acid. Monosodium glutamate is a sodium salt of glutamic acid. It is naturally occurring in tomatoes, Parmesan cheese, potatoes, mushrooms, and other vegetables and fruits. Some of the most commonly used commercial production methods of MSG include hydrolysis of vegetable proteins, direct chemical synthesis with acrylonitrile, and bacterial fermentation. Bacterial fermentation process is most widely used method for manufacturing of MSG. It is typically used in the food industry as a flavor enhancer and food additive. MSG is also used in animal feeds in small volume.
Browse the full "Monosodium Glutamate Market for Food Processing Industry, Restaurants, and Institutional Food Service Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 - 2020" report at http://www.marketresearchstore.com/report/monosodium-glutamate-market-z40282
MSG is rapidly growing into popularity among end-users owing to its flavor enhancing properties. Rising demand for flavoring agents is expected to be important driving factor for the growth of monosodium glutamate market. The demand for MSG from restaurants and institutional food service providers as well as household consumption is also expected to grow at moderate pace in the years to come. The global monosodium glutamate market is mainly driven by strong growth of food processing industry across the world. However, rising health issues with the consumption of MSG and various regulatory policies regarding use of MSG in food products is expected to limit the growth of this market.
Food processing industry (snacks, canned food, frozen food, others), restaurants and institutional food service are some of the major application markets for MSG. Food processing industry is the largest segments of monosodium glutamate market. The demand for Chinese food products and fast food is expected to grow in Asia pacific region. Food processing industry include in snacks, canned food, frozen food, sauces, gravies, ketchup, canned meat, soy sauce, sauces and, gravies among others. Restaurants and institutional food service providers is also an important application segment of MSG and expected to witness significant growth in the years to come.
Browse 29 Market Tables and 17 Figures spread through 70 Pages and an in-depth TOC on “Monosodium Glutamate Market - Global Trends & Forecast to 2020”
Get Sample Research Report at http://www.marketresearchstore.com/report/monosodium-glutamate-market-z40282#RequestSample
With over 80% shares in total volume consumption, MSG market was dominated by Asia Pacific in 2014. Strong demand for MSG from China, Vietnam, Indonesia, Thailand, Japan, Taiwan, etc. is mainly responsible for rapid growth of this industry in the region. Change in lifestyle, increasing disposable income and change in food habit is primarily responsible for the growth of MSG market in the region. Asia Pacific was followed by North America and Europe respectively. Latina America & Middle East Africa accounted for small share of the total revenue generated by MSG market in 2014. North America, Europe, Latin America and Middle East Africa accounted for very small share in total volume consumption of MSG in 2014.
Some of the major industry participants in global monosodium glutamate market include TheFufeng Group, Meihua Group, Ajinomoto, Lotus Group, Ningxia Eppen, Shandong Qilu Biotechnology Group, Shandong Linghua Group, Vedan, Shandong Shenghua Group, and Jianyang Wuyi MSG Co., Ltd.
Related Published Reports:
- Oleochemicals Market: http://www.marketresearchstore.com/report/oleochemicals-market-z47870
- Oleoresins Market: http://www.marketresearchstore.com/report/oleoresins-market-z47491
- Cold Chain Market: http://www.marketresearchstore.com/report/cold-chain-market-for-fruits-vegetables-bakery-35741
The report segments the global monosodium glutamate market into:
Global Monosodium Glutamate Market: Application Segment Analysis
- Food Processing Industry
- Institutional Food Service
Global Monosodium Glutamate Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Browse Press Release: http://www.marketresearchstore.com/news/global-monosodium-glutamate-market-137
Market Research Store is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Market Research Store experienced team of Analysts, Researchers, and Consultants uses proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each Market Research Store syndicated research report covers a different sector — such as pharmaceuticals, chemical, energy, food and beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports strive to serve the overall research requirement of clients.
Follow Us LinkedIn: http://www.linkedin.com/company/market-research-store
Follow Us Twitter: https://twitter.com/marketrstore
Contact US: Joel John 3422 SW 15 Street, Suit #8138 Deerfield Beach, Florida 33442, USA Toll Free: +1-855-465-4651 (USA-CANADA) Tel: +1-386-310-3803 Email: email@example.com Website: http://www.marketresearchstore.com/
Source:Market Research Store