Market Trends of China Monosodium Glutamate (MSG) Industry
This section covers the major market trends shaping the China Monosodium Glutamate (MSG) Market according to our research experts:
Growing Demand of Processed Foods in the Country
China being one of those most prominent producers, MSG produced in China is exported to countries, such as India, Thailand, and South Africa. With the growing demand of processed foods in developing countries, such as India, the import demand for MSG has witnessed a rise, as MSG is used as a flavor enhancer in food items, such as soups, canned vegetables, and processed meats. Additionally, with the growing demand for flavor enhancers in the developed regions, countries, like the United States and Russia, are among the prominent importing countries of MSG from China.
Meat Products holds Prominent Market Share
Innovation within the chilled meat categories has increased over the years, and China has the highest market share in this category in the Asia-Pacific region. Asia-Pacific was the second most active region, globally, in terms of chilled and frozen processed meat categories. The major companies are promoting the health benefits of animal proteins in countries, like India, to increase the growth of the market. The rising demand for organic livestock is an opportunity for vendors to increase their market share. Moreover, new product development accounts for significant share of the total processed meat product innovations, led by China, Thailand, South Korea, Vietnam, and Philippines.
