| Product Code: ETC6315351 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Barbados` import of monosodium glutamate (MSG) in 2024 continued to be dominated by top exporting countries such as the USA, Canada, Saint Vincent and the Grenadines, Belize, and China. Despite a slight decline in growth rate from 2023 to 2024, with a negative rate of -3.1%, the compound annual growth rate (CAGR) from 2020 to 2024 remained robust at 11.48%. The high Herfindahl-Hirschman Index (HHI) indicates a concentration of MSG import shipments among these key exporting countries, highlighting the importance of monitoring market dynamics and competition in the MSG industry.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Barbados Monosodium Glutamate (MSG) Market Overview |
3.1 Barbados Country Macro Economic Indicators |
3.2 Barbados Monosodium Glutamate (MSG) Market Revenues & Volume, 2021 & 2031F |
3.3 Barbados Monosodium Glutamate (MSG) Market - Industry Life Cycle |
3.4 Barbados Monosodium Glutamate (MSG) Market - Porter's Five Forces |
3.5 Barbados Monosodium Glutamate (MSG) Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Barbados Monosodium Glutamate (MSG) Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Barbados Monosodium Glutamate (MSG) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for convenience foods and processed foods |
4.2.2 Growing demand for flavor enhancers in the food industry |
4.2.3 Expansion of the food service industry in Barbados |
4.3 Market Restraints |
4.3.1 Health concerns and negative perceptions surrounding the use of MSG in food products |
4.3.2 Regulatory restrictions on the use of MSG in certain food categories |
4.3.3 Fluctuating prices of raw materials used in the production of MSG |
5 Barbados Monosodium Glutamate (MSG) Market Trends |
6 Barbados Monosodium Glutamate (MSG) Market, By Types |
6.1 Barbados Monosodium Glutamate (MSG) Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Barbados Monosodium Glutamate (MSG) Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Barbados Monosodium Glutamate (MSG) Market Revenues & Volume, By Additives, 2021- 2031F |
6.1.4 Barbados Monosodium Glutamate (MSG) Market Revenues & Volume, By Preservatives, 2021- 2031F |
6.1.5 Barbados Monosodium Glutamate (MSG) Market Revenues & Volume, By Flavor Enhancers, 2021- 2031F |
6.1.6 Barbados Monosodium Glutamate (MSG) Market Revenues & Volume, By Acidity Regulators, 2021- 2031F |
6.1.7 Barbados Monosodium Glutamate (MSG) Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Barbados Monosodium Glutamate (MSG) Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Barbados Monosodium Glutamate (MSG) Market Revenues & Volume, By Food Processing, 2021- 2031F |
6.2.3 Barbados Monosodium Glutamate (MSG) Market Revenues & Volume, By Medical & Pharmaceutical, 2021- 2031F |
6.2.4 Barbados Monosodium Glutamate (MSG) Market Revenues & Volume, By Livestock, 2021- 2031F |
6.2.5 Barbados Monosodium Glutamate (MSG) Market Revenues & Volume, By Personal Care & Cosmetics, 2021- 2031F |
6.2.6 Barbados Monosodium Glutamate (MSG) Market Revenues & Volume, By Others, 2021- 2031F |
7 Barbados Monosodium Glutamate (MSG) Market Import-Export Trade Statistics |
7.1 Barbados Monosodium Glutamate (MSG) Market Export to Major Countries |
7.2 Barbados Monosodium Glutamate (MSG) Market Imports from Major Countries |
8 Barbados Monosodium Glutamate (MSG) Market Key Performance Indicators |
8.1 Consumer acceptance and awareness of MSG in food products |
8.2 Demand for MSG in various food segments such as snacks, sauces, and seasonings |
8.3 Number of new product launches or innovations incorporating MSG |
8.4 Usage of MSG in Barbadian households |
8.5 Perception of MSG as a safe and reliable flavor enhancer |
9 Barbados Monosodium Glutamate (MSG) Market - Opportunity Assessment |
9.1 Barbados Monosodium Glutamate (MSG) Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Barbados Monosodium Glutamate (MSG) Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Barbados Monosodium Glutamate (MSG) Market - Competitive Landscape |
10.1 Barbados Monosodium Glutamate (MSG) Market Revenue Share, By Companies, 2024 |
10.2 Barbados Monosodium Glutamate (MSG) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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