Ajinomoto Expects More Growth in Global Demand for MSG and Nucleotides.9 October 2009 - During Ajinomoto's fiscal 2008 (which ended 31 March 2009), the company saw global demand for monosodium glutamate monosodium glutamate: see glutamic acid. monosodium glutamate (MSG) White crystalline substance, a sodium salt of the amino acid glutamic acid. MSG is used to intensify the natural flavour of meats and vegetables. (MSG MSG: see glutamic acid. ) amount to approximately 2.1 million tons. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. company estimates, Ajinomoto managed to maintain a leading share of this market at approximately 30%. Over the past three years, the market has grown at an average annual rate of approximately 3-4%, and is expected to continue gradual expansion at the same rate. Global demand for nucleotides in fiscal 2008, meanwhile, was approximately 21,000 tons, according to company estimates. Ajinomoto also kept a leading market share for nucleotides with about 40%. The demand for nucleotides has grown in tandem with the expansion of the market for processed foods and the increased ratio of their use, and is expected to continue expanding more than 6% annually. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion