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According to our LPI (LP Information) latest study, the global Glycyrrhetinic Acid market size was valued at US$ 23 million in 2023. With growing demand in downstream market, the Glycyrrhetinic Acid is forecast to a readjusted size of US$ 32 million by 2030 with a CAGR of 4.5% during review period.
The research report highlights the growth potential of the global Glycyrrhetinic Acid market. Glycyrrhetinic Acid are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Glycyrrhetinic Acid. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Glycyrrhetinic Acid market.
Glycyrrhetinic Acid (CAS 471-53-4) (also known as Enoxolone or glycyrrhetic acid) is a pentacyclic triterpenoid derivative of the beta-amyrin type obtained from the hydrolysis of glycyrrhizic acid, which was obtained from the herb liquorice. It is used in flavoring and it masks the bitter taste of drugs like aloe and quinine. It is effective in the treatment of peptic ulcer and also has expectorant (antitussive) properties. It has some additional pharmacological properties including antiviral, antifungal, antiprotozoal, and antibacterial activities.
Fujie Pharmaceutical, QHL Pharma, Select Botanical and Tianshan Pharmaceuticals are the leading players in licorice acid (CAS 471-53-4) market, the top 3 accounting for about 48% of the market share.
Asia-Pacific is the largest production region with a market share of about 50%, followed by Europe with about 40%.
Key Features:
The report on Glycyrrhetinic Acid market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Glycyrrhetinic Acid market. It may include historical data, market Segmentation by Content (e.g., Above 98%, Below 98%), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Glycyrrhetinic Acid market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Glycyrrhetinic Acid market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Glycyrrhetinic Acid industry. This include advancements in Glycyrrhetinic Acid technology, Glycyrrhetinic Acid new entrants, Glycyrrhetinic Acid new investment, and other innovations that are shaping the future of Glycyrrhetinic Acid.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Glycyrrhetinic Acid market. It includes factors influencing customer ' purchasing decisions, preferences for Glycyrrhetinic Acid product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Glycyrrhetinic Acid market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Glycyrrhetinic Acid market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Glycyrrhetinic Acid market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Glycyrrhetinic Acid industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Glycyrrhetinic Acid market.
Market Segmentation:
Glycyrrhetinic Acid market is split by Content and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Content, and by Application in terms of volume and value.
Segmentation by content
- Above 98%
- Below 98%
Segmentation by application
- Pharmaceutical
- Cosmetic
- Others
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- Fujie Pharmaceutical
- Qinghai Lake Pharmaceutical
- Select Botanical
- Givaudan (Indena S.p.A.)
- Alchem International
- TIANSHAN Pharmaceuticals
- GfN & Selco
- Jiangshu Tiansheng Pharmaceutical
- Gansu Fanzhi Pharmaceutical
Key Questions Addressed in this Report
What is the 10-year outlook for the global Glycyrrhetinic Acid market?
What factors are driving Glycyrrhetinic Acid market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Glycyrrhetinic Acid market opportunities vary by end market size?
How does Glycyrrhetinic Acid break out content, application?