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Glycyrrhizic Acid-Global Market Insights and Sales Trends 2025
Synopsis
Glycyrrhizic acid (GA) is the main active component of the licorice root, which has been known in traditional medicine since the ancient times.
The global Glycyrrhizic Acid market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Glycyrrhizic Acid in various end use industries. The expanding demands from the Food Industry, Pharmaceuticals, Cosmetics and Others, are propelling Glycyrrhizic Acid market. High Purity, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Low Purity segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Glycyrrhizic Acid market, driven by demand from China, the second largest economy with some signs of stabilising, the Glycyrrhizic Acid market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Glycyrrhizic Acid, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Glycyrrhizic Acid market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Glycyrrhizic Acid market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Glycyrrhizic Acid sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Glycyrrhizic Acid covered in this report include Tiansheng Pharmaceutical, Alps Pharmaceutical, Xinjiang Kunlunshengnong, Maruzen Pharmaceuticals, Longtong Pharma, Mafco and Minophagen Pharmaceutical, etc.
The global Glycyrrhizic Acid market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Tiansheng Pharmaceutical
Alps Pharmaceutical
Xinjiang Kunlunshengnong
Maruzen Pharmaceuticals
Longtong Pharma
Mafco
Minophagen Pharmaceutical
Global Glycyrrhizic Acid market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Glycyrrhizic Acid market, Segment by Type:
High Purity
Low Purity
Global Glycyrrhizic Acid market, by Application
Food Industry
Pharmaceuticals
Cosmetics
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Glycyrrhizic Acid manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Glycyrrhizic Acid in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Glycyrrhizic acid (GA) is the main active component of the licorice root, which has been known in traditional medicine since the ancient times.
The global Glycyrrhizic Acid market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Glycyrrhizic Acid in various end use industries. The expanding demands from the Food Industry, Pharmaceuticals, Cosmetics and Others, are propelling Glycyrrhizic Acid market. High Purity, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Low Purity segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Glycyrrhizic Acid market, driven by demand from China, the second largest economy with some signs of stabilising, the Glycyrrhizic Acid market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Glycyrrhizic Acid, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Glycyrrhizic Acid market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Glycyrrhizic Acid market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Glycyrrhizic Acid sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Glycyrrhizic Acid covered in this report include Tiansheng Pharmaceutical, Alps Pharmaceutical, Xinjiang Kunlunshengnong, Maruzen Pharmaceuticals, Longtong Pharma, Mafco and Minophagen Pharmaceutical, etc.
The global Glycyrrhizic Acid market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Tiansheng Pharmaceutical
Alps Pharmaceutical
Xinjiang Kunlunshengnong
Maruzen Pharmaceuticals
Longtong Pharma
Mafco
Minophagen Pharmaceutical
Global Glycyrrhizic Acid market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Glycyrrhizic Acid market, Segment by Type:
High Purity
Low Purity
Global Glycyrrhizic Acid market, by Application
Food Industry
Pharmaceuticals
Cosmetics
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Glycyrrhizic Acid manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Glycyrrhizic Acid in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Glycyrrhizic Acid Market Overview
1.1 Glycyrrhizic Acid Product Overview
1.2 Glycyrrhizic Acid Market Segment by Type
1.2.1 High Purity
1.2.2 Low Purity
1.3 Global Glycyrrhizic Acid Market Size by Type
1.3.1 Global Glycyrrhizic Acid Market Size Overview by Type (2018-2029)
1.3.2 Global Glycyrrhizic Acid Historic Market Size Review by Type (2018-2023)
1.3.3 Global Glycyrrhizic Acid Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Glycyrrhizic Acid Sales Breakdown by Type (2018-2023)
1.4.2 Europe Glycyrrhizic Acid Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Glycyrrhizic Acid Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Glycyrrhizic Acid Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Glycyrrhizic Acid Sales Breakdown by Type (2018-2023)
2 Global Glycyrrhizic Acid Market Competition by Company
2.1 Global Top Players by Glycyrrhizic Acid Sales (2018-2023)
2.2 Global Top Players by Glycyrrhizic Acid Revenue (2018-2023)
2.3 Global Top Players by Glycyrrhizic Acid Price (2018-2023)
2.4 Global Top Manufacturers Glycyrrhizic Acid Manufacturing Base Distribution, Sales Area, Product Type
2.5 Glycyrrhizic Acid Market Competitive Situation and Trends
2.5.1 Glycyrrhizic Acid Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Glycyrrhizic Acid Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Glycyrrhizic Acid as of 2022)
2.7 Date of Key Manufacturers Enter into Glycyrrhizic Acid Market
2.8 Key Manufacturers Glycyrrhizic Acid Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Glycyrrhizic Acid Status and Outlook by Region
3.1 Global Glycyrrhizic Acid Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Glycyrrhizic Acid Historic Market Size by Region
3.2.1 Global Glycyrrhizic Acid Sales in Volume by Region (2018-2023)
3.2.2 Global Glycyrrhizic Acid Sales in Value by Region (2018-2023)
3.2.3 Global Glycyrrhizic Acid Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Glycyrrhizic Acid Forecasted Market Size by Region
3.3.1 Global Glycyrrhizic Acid Sales in Volume by Region (2024-2029)
3.3.2 Global Glycyrrhizic Acid Sales in Value by Region (2024-2029)
3.3.3 Global Glycyrrhizic Acid Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Glycyrrhizic Acid by Application
4.1 Glycyrrhizic Acid Market Segment by Application
4.1.1 Food Industry
4.1.2 Pharmaceuticals
4.1.3 Cosmetics
4.1.4 Others
4.2 Global Glycyrrhizic Acid Market Size by Application
4.2.1 Global Glycyrrhizic Acid Market Size Overview by Application (2018-2029)
4.2.2 Global Glycyrrhizic Acid Historic Market Size Review by Application (2018-2023)
4.2.3 Global Glycyrrhizic Acid Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Glycyrrhizic Acid Sales Breakdown by Application (2018-2023)
4.3.2 Europe Glycyrrhizic Acid Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Glycyrrhizic Acid Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Glycyrrhizic Acid Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Glycyrrhizic Acid Sales Breakdown by Application (2018-2023)
5 North America Glycyrrhizic Acid by Country
5.1 North America Glycyrrhizic Acid Historic Market Size by Country
5.1.1 North America Glycyrrhizic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Glycyrrhizic Acid Sales in Volume by Country (2018-2023)
5.1.3 North America Glycyrrhizic Acid Sales in Value by Country (2018-2023)
5.2 North America Glycyrrhizic Acid Forecasted Market Size by Country
5.2.1 North America Glycyrrhizic Acid Sales in Volume by Country (2024-2029)
5.2.2 North America Glycyrrhizic Acid Sales in Value by Country (2024-2029)
6 Europe Glycyrrhizic Acid by Country
6.1 Europe Glycyrrhizic Acid Historic Market Size by Country
6.1.1 Europe Glycyrrhizic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Glycyrrhizic Acid Sales in Volume by Country (2018-2023)
6.1.3 Europe Glycyrrhizic Acid Sales in Value by Country (2018-2023)
6.2 Europe Glycyrrhizic Acid Forecasted Market Size by Country
6.2.1 Europe Glycyrrhizic Acid Sales in Volume by Country (2024-2029)
6.2.2 Europe Glycyrrhizic Acid Sales in Value by Country (2024-2029)
7 Asia-Pacific Glycyrrhizic Acid by Region
7.1 Asia-Pacific Glycyrrhizic Acid Historic Market Size by Region
7.1.1 Asia-Pacific Glycyrrhizic Acid Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Glycyrrhizic Acid Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Glycyrrhizic Acid Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Glycyrrhizic Acid Forecasted Market Size by Region
7.2.1 Asia-Pacific Glycyrrhizic Acid Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Glycyrrhizic Acid Sales in Value by Region (2024-2029)
8 Latin America Glycyrrhizic Acid by Country
8.1 Latin America Glycyrrhizic Acid Historic Market Size by Country
8.1.1 Latin America Glycyrrhizic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Glycyrrhizic Acid Sales in Volume by Country (2018-2023)
8.1.3 Latin America Glycyrrhizic Acid Sales in Value by Country (2018-2023)
8.2 Latin America Glycyrrhizic Acid Forecasted Market Size by Country
8.2.1 Latin America Glycyrrhizic Acid Sales in Volume by Country (2024-2029)
8.2.2 Latin America Glycyrrhizic Acid Sales in Value by Country (2024-2029)
9 Middle East and Africa Glycyrrhizic Acid by Country
9.1 Middle East and Africa Glycyrrhizic Acid Historic Market Size by Country
9.1.1 Middle East and Africa Glycyrrhizic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Glycyrrhizic Acid Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Glycyrrhizic Acid Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Glycyrrhizic Acid Forecasted Market Size by Country
9.2.1 Middle East and Africa Glycyrrhizic Acid Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Glycyrrhizic Acid Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Tiansheng Pharmaceutical
10.1.1 Tiansheng Pharmaceutical Company Information
10.1.2 Tiansheng Pharmaceutical Introduction and Business Overview
10.1.3 Tiansheng Pharmaceutical Glycyrrhizic Acid Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Tiansheng Pharmaceutical Glycyrrhizic Acid Products Offered
10.1.5 Tiansheng Pharmaceutical Recent Development
10.2 Alps Pharmaceutical
10.2.1 Alps Pharmaceutical Company Information
10.2.2 Alps Pharmaceutical Introduction and Business Overview
10.2.3 Alps Pharmaceutical Glycyrrhizic Acid Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Alps Pharmaceutical Glycyrrhizic Acid Products Offered
10.2.5 Alps Pharmaceutical Recent Development
10.3 Xinjiang Kunlunshengnong
10.3.1 Xinjiang Kunlunshengnong Company Information
10.3.2 Xinjiang Kunlunshengnong Introduction and Business Overview
10.3.3 Xinjiang Kunlunshengnong Glycyrrhizic Acid Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Xinjiang Kunlunshengnong Glycyrrhizic Acid Products Offered
10.3.5 Xinjiang Kunlunshengnong Recent Development
10.4 Maruzen Pharmaceuticals
10.4.1 Maruzen Pharmaceuticals Company Information
10.4.2 Maruzen Pharmaceuticals Introduction and Business Overview
10.4.3 Maruzen Pharmaceuticals Glycyrrhizic Acid Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Maruzen Pharmaceuticals Glycyrrhizic Acid Products Offered
10.4.5 Maruzen Pharmaceuticals Recent Development
10.5 Longtong Pharma
10.5.1 Longtong Pharma Company Information
10.5.2 Longtong Pharma Introduction and Business Overview
10.5.3 Longtong Pharma Glycyrrhizic Acid Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Longtong Pharma Glycyrrhizic Acid Products Offered
10.5.5 Longtong Pharma Recent Development
10.6 Mafco
10.6.1 Mafco Company Information
10.6.2 Mafco Introduction and Business Overview
10.6.3 Mafco Glycyrrhizic Acid Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Mafco Glycyrrhizic Acid Products Offered
10.6.5 Mafco Recent Development
10.7 Minophagen Pharmaceutical
10.7.1 Minophagen Pharmaceutical Company Information
10.7.2 Minophagen Pharmaceutical Introduction and Business Overview
10.7.3 Minophagen Pharmaceutical Glycyrrhizic Acid Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Minophagen Pharmaceutical Glycyrrhizic Acid Products Offered
10.7.5 Minophagen Pharmaceutical Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Glycyrrhizic Acid Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Glycyrrhizic Acid Industrial Chain Analysis
11.4 Glycyrrhizic Acid Market Dynamics
11.4.1 Glycyrrhizic Acid Industry Trends
11.4.2 Glycyrrhizic Acid Market Drivers
11.4.3 Glycyrrhizic Acid Market Challenges
11.4.4 Glycyrrhizic Acid Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Glycyrrhizic Acid Distributors
12.3 Glycyrrhizic Acid Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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