The Market Reports

Synopsis
The global market for Monoammonium Glycyrrhizinate was estimated to be worth US$ 79.4 million in 2024 and is forecast to a readjusted size of US$ 133 million by 2031 with a CAGR of 7.4% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Monoammonium Glycyrrhizinate cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Monoammonium Glycyrrhizinate (MAG) is a bioactive compound derived from the root of the licorice plant, Glycyrrhiza glabra. It is a white crystalline powder with a special sweet taste and practically no odor. MAG is known for its range of therapeutic properties, including anti-inflammatory, antiviral, and hepatoprotective effects. It is commonly utilized in pharmaceutical and nutraceutical formulations.
In the pharmaceutical industry, MAG is employed for its hepatoprotective properties, making it useful in the treatment of chronic persistent hepatitis, chronic active hepatitis, liver poisoning, and early liver cirrhosis. It is also used topically for allergic or infectious skin inflammation and orally for its aldosterone effects in electrolyte regulation.
Beyond pharmaceuticals, MAG finds applications in the cosmetics industry due to its anti-inflammatory and skin-soothing properties. It is incorporated into skincare products aimed at reducing redness, irritation, and inflammation. In the food industry, MAG serves as a flavoring agent and sweetener, leveraging its high sweetness and low caloric content.
Regionally, Asia-Pacific holds a significant share of the MAG market, with countries like China and India being major producers and consumers. The presence of key manufacturers and the traditional use of licorice in these regions contribute to this dominance. North America and Europe also represent substantial markets, driven by the pharmaceutical and cosmetic industries' demand for natural compounds.
Monoammonium Glycyrrhizinate is a versatile compound with significant applications across multiple industries. Its natural origin and therapeutic properties make it a valuable ingredient in pharmaceuticals, cosmetics, and food products. The global market is poised for continued growth, driven by increasing consumer demand for natural and effective ingredients
The core manufacturers of Monoammonium Glycyrrhizinate in the world include Jiangsu Tiansheng Pharmaceutical, Alps Pharmaceutical and Shaanxi Fujie Pharmaceutical. The top three companies have a market share of about 46 percent. China is the largest Monoammonium Glycyrrhizinate market in the world with a market share of about 74%, followed by Japan and North America with a market share of 15% and 4%, respectively. In terms of product type, Pharmaceutical Grade is the largest segment with approximately 49% market share.
This report aims to provide a comprehensive presentation of the global market for Monoammonium Glycyrrhizinate, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Monoammonium Glycyrrhizinate by region & country, by Type, and by Application.
The Monoammonium Glycyrrhizinate market size, estimations, and forecasts are provided in terms of sales volume (Tons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Monoammonium Glycyrrhizinate.
Market Segmentation
By Company
VITAL-CHEM Zhuhai
Sabinsa
Alchem International
Shaanxi Fujie Pharmaceutical
MAFCO Worldwide
Alps Pharmaceutical
BGG World
Qingdao Taitong Pharmaceutical
Cokey
Jiangsu Tiansheng Pharmaceutical
Shaanxi Jintai Biological Engineering
Qinghai Lake Pharmaceutical
Segment by Type
Pharmaceutical Grade
Food Grade
Others
Segment by Application
Food & Beverages
Nutraceuticals
Pharmaceuticals
Cosmetics
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of Monoammonium Glycyrrhizinate manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Monoammonium Glycyrrhizinate in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Monoammonium Glycyrrhizinate in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: 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 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index