Chemical Market Reports Glumatic Acid and Monosodium Market Analysis
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Glumatic Acid and Monosodium Market Analysis, Size, Share,
Growth, Industry Trends and Forecast to 2024 | Hexa Research
Global glutamic acid and monosodium market was estimated over 4.33and 4.29 million tonnes
in 2015. And both are estimated to exceed valuation worth USD 17.32 and USD 17.38 billion by
2024. MSG is the sodium salt of a glutamic acid which is also known as amino acids. Increasing
awareness towards health concerns and shift of consumer preference towards processed foods
by the hectic lifestyle is a key driver to raise the market over the forecast period from 20162024.
Glutamic acid and monosodium market are acting as flavoured agents in food processing
industries and used as a preservative agent for many eatables and processed food has seen
easy availability for many consumers to increase their average income levels. This would
favour food processing industries such as Lays international, Kissan, nestle and among others.
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