Boston, MA -- (SBWIRE) -- 04/20/2017 -- MSG is majorly consumed in food applications such as the food processing industry (snacks, convenience foods, soups, condiments, instant noodles, and seasoning blends), restaurants, and institutional food services. The demand for MSG is primarily driven by the rising need to enhance the flavor of meals, especially by fast food chains. Other than food applications, a minimal amount of MSG is used in animal feed and as a raw material for chelating agents.

Technavio's analysts forecast the global monosodium glutamate market to grow at a CAGR of 4.80% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global monosodium glutamate market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

-APAC
-Europe
-North America
-ROW

Get More Details on this Report and a Full Table of Contents at Global Monosodium Glutamate (MSG) Market 2017-2021

Technavio's report, Global Monosodium Glutamate Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-AJINOMOTO
-COFCO
-FUFENG
-Lotus Health Industry
-Meihua

Other prominent vendors

-Fujian Province Jianyang Wuyi MSG
-Linghua Group
-Shandong Qilu Biotechnology Group
-Vedan International

Market driver

-Consumer awareness regarding adverse effects of artificial food ingredients.
-For a full, detailed list, view our report

Market challenge

-Alternate ways adopted by manufacturers to increase the sales of MSG.
-For a full, detailed list, view our report

Market trend

-Rising health issues associated with consumption of MSG.
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2021 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: AJINOMOTO, COFCO, FUFENG, Lotus Health Industry, Meihua, Fujian Province Jianyang Wuyi MSG, Linghua, Shandong Qilu Biotechnology, Vedan International

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