ALBANY, NY, June 2, 2021 / PRNewswire / – The preference for fast food and processed foods has grown dramatically over the years. The emergence of a busy work schedule and untimely meal times has triggered the demand for fast food exponentially. The increasing use of MSG in fast food restaurants due to their taste enhancing properties will have a profound impact on the growth trajectory during the 2021-2031 assessment period.
Monosodium glutamate or MSG is a mixture of 78 percent glutamate, 10 percent bound water, and 12 percent sodium. Glutamate is a type of amino acid that provides Umami taste. This type of amino acid can be found in high protein foods such as fish, milk, poultry, meat, etc. It is also produced naturally in the human body. It has been around for over a century as an additive to various types of foods. Bakery products, cheese, sauces, milk and dairy products, etc. are some of the main types of foods where MSG is widely used.
Experts from Transparency Market Research (TMR) have conducted an in-depth analysis of the growth of the Monosodium Glutamate Market. TMR experts predict that the Monosodium Glutamate market will grow at a CAGR of around 5% during the forecast period 2021-2031. Global Monosodium Glutamate Market Expects To Exceed An Assessment Of US $ 5.8 billion by 2031.
The overwhelming increase in demand for MSG in Asian countries is an important factor that will help boost growth opportunities. The growing popularity of Asian cuisine in Western countries like the United States is also proving to be a big factor. In addition, high production in countries like Indonesia and China will also prove to be a bright growth aspect for the MSG market.
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Main conclusions of the report
Use by other end users will accelerate growth in MSG market
Monosodium glutamate is not only used in the food and beverage industry. It is also widely used in the pharmaceutical and medical industries. Monosodium glutamate is used as a neuroregulator in hypertension. Besides, it is also used for the treatment of congenital metabolic diseases and parenteral nutrition applications. All of these factors bode well for the growth of the Monosodium Glutamate market.
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Increasing consumption of processed foods to lay the foundation for growth
Increasing levels of urbanization and workload have led to the emergence of long and busier work schedules. These work schedules prompt many people to opt for processed foods. Monosodium glutamate is used in canned vegetables and soups in large quantities. Thus, increasing the consumption of processed foods will prove to be a positive growth factor for the Monosodium Glutamate market.
Taste properties to bring promising growth
Monosodium glutamate does not have a distinct taste, but it certainly helps enhance the natural flavor of a variety of food products. Monosodium Glutamate is described as Umami, a basic type of taste after sour, salty, sweet and bitter. All of these factors are helping to create huge growth opportunities for the Monosodium Glutamate market.
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Monosodium Glutamate Market: Key Growth Restraining Factors
The Umami flavor of monosodium glutamate can stimulate the receptors in the tongue and also can increase the calories which is harmful for the human body. This factor will negatively impact the growth of the Monosodium Glutamate market.
The sodium salt present in monosodium glutamate can cause a variety of health problems such as muscle and joint pain in the knees and decreased bone strength and calcium content. These aspects will further ruin the growth prospects of the Monosodium Glutamate market.
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