PPT for Monosodium Glutamate Market Research Report, 2017 - 2024

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Monosodium Glutamate (MSG) Market Share, Analysis
Forecast 2017-2024
Monosodium Glutamate (MSG) Market Size, Industry
Analysis Report, Regional Outlook (U.S., Canada,
UK, Germany, Italy, Spain, France, China, India,
Japan, Australia, Brazil, Argentina, Mexico,
South Africa, Saudi Arabia, UAE, Egypt),
Application Development Potential, Price Trends,
Competitive Market Share Forecast, 2017 2024
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Global Market Scenario of Monosodium Glutamate
(MSG)

• Global Monosodium Glutamate (MSG) Market Size is
  poised to grow with a lucrative CAGR in the
  coming years.
• The product is available in abundance as it is a
  naturally occurring non-essential amino acid
  found in cheese and tomatoes.
• MSG market is driven largely by the food
  processing industry. Demand for processed food
  has gained huge importance since the past few
  decades attributable to the changing lifestyles
  of people, hectic work schedules, shift in the
  taste and preferences and increasing purchase
  power.
• These factors are driving the fast and processed
  food industry on a large extent.
• The global food processing industry revenue
  accounted for over USD 2.5 trillion in 2016 and
  is likely to grow with a decent CAGR.
• Prominent players such as Kraft Foods and Nestle
  are increasing their brand awareness by investing
  hugely in promotions to uphold product
  differentiation. These factors are propelling the
  global MSG market demand to new heights.

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• Product Analysis-
• Based on application, the global MSG market can
  be segmented into flavor enhancer, preservative,
  and acidity regulator. The product finds its use
  as a flavor enhancer in processed meats soups,
  canned vegetables, and other food products. The
  product also finds its use as a preservative to
  prevent undesirable chemical changes and
  microbial growth. It does not have a flavor of
  its own but helps to intensify the natural flavor
  of food which is Umami neither sweet, bitter,
  salty or sour.
• Regional Trends-
• Considering geography, Asia Pacific is a
  significant producer and consumer of the global
  MSG market. China and Japan are the leading
  producers consumers in this region followed by
  India other Southeast Asian countries. Asia
  Pacific region is followed by North America
  considering the consumption in the United States
  and substantial MSG market demand owing to
  expansions in the food manufacturing and
  processing industry.
• Europe also displays a steady growth in the
  regional MSG market owing to substantial
  development in the food processing and cosmetic
  industry. Latin America and Middle East Africa
  are said to show positive growth in the global
  MSG market in the forecast period owing to
  increasing expansions of cosmetic, food and
  pharmaceutical industries in these regions.

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• Competitive Trends
• Prominent players operating in the global MSG
  market include Ajinomoto, BG Foods Inc, Vedan
  International, Fufeng Group, The Tien Chu (Hong
  Kong) Company Limited, Sunrise Nutrachem Group,
  Eppens.Cn, Meihua Holdings Group, Global Bio-Chem
  Technology Group Company Limited, R. M.
  Chemicals, and Triveni chemicals.

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