Thursday, April 27, 2023

 Monosodium glutamate, abbreviated as MSG, is a flavour enhancer found in a wide range of culinary products. It is a salt generated from glutamic acid, an amino acid found naturally in many foods such as meat, fish, vegetables, and dairy products.

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It is a white crystalline powder that is extremely soluble in water and has a distinct umami flavour. It is often used to enhance the flavour and overall taste of products in Asian cuisine, such as Chinese, Japanese, and Korean cuisines, as well as in many processed foods, such as snack snacks, soups, and sauces.

While some people may have negative reactions to MSG, such as headaches or allergic reactions, it is generally regarded as safe by regulatory organisations worldwide when used in tiny amounts.

Japan, Nigeria, and the Philippines are the leading countries in the market of monosodium glutamate across the globe.

Key Details About the Monosodium Glutamate Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Monosodium Glutamate price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.

The Monosodium Glutamate Price Trend, chart, including India’s Monosodium Glutamate price, USA’ Monosodium Glutamate price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Monosodium Glutamate Price Trend:

Price Trend ImageMSG is commonly used as a flavour enhancer in the food business to improve the taste of processed foods, sauces, and seasonings.

It is used to improve the palatability and nutritional value of feed for cattle, poultry, and aquaculture.

It is used in the manufacture of several pharmaceuticals and dietary supplements, including vitamin and mineral supplements.

It is utilised as a nitrogen source in microbial fermentation processes, which create a variety of products such as enzymes, antibiotics, and amino acids.

It is used to increase texture and emulsification capabilities in several cosmetics and personal care products, including hair care and skin care products.

Key Players:

  • Ajinomoto Co., Inc
  • COFCO International
  • Fufeng Group Company Limited
  • Bio-Chem Technology Group Company Limited
  • Meihua Holdings Group Co., Ltd
  • Cargill, Incorporated

Recent News

  • February 2, 2023: Ajinomoto Co., Inc. has accomplished a pact with CJ CheilJedang Corporation South Korea and its subsidiaries, which looks after deals of monosodium glutamate products, and handle imports, to cease patent litigation in Germany.

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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