Global Glycyrrhizic Acid Powder Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Glycyrrhizic Acid Powder Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Glycyrrhizic Acid Powder market size was valued at USD 92 million in 2023 and is forecast to a readjusted size of USD 140.6 million by 2030 with a CAGR of 6.3% during review period.

Glycyrrhizic Acid Powder is a natural compound derived from the root of the licorice plant, Glycyrrhiza glabra. It is a glycoside consisting of glycyrrhetinic acid and glucuronic acid. Glycyrrhizic Acid Powder is known for its sweet flavor and has been traditionally used as a flavoring agent. It also possesses various biological activities, including anti-inflammatory, antioxidant, and anti-viral properties. This compound is commonly utilized in the food and beverage industry as a natural sweetener and flavor enhancer. It is also found in skincare products for its skin-soothing and brightening effects.

The industry trend for Glycyrrhizic Acid Powder is showing positive growth and demand in various sectors. As consumers increasingly seek natural and healthy alternatives to artificial sweeteners, the use of Glycyrrhizic Acid Powder as a natural sweetener has gained momentum in the food and beverage industry. Its sweetness, combined with its potential health benefits, attracts manufacturers looking to meet consumer demands. Furthermore, in the cosmetic industry, the trend towards natural and botanical ingredients has led to the use of Glycyrrhizic Acid Powder in skincare formulations. Its skin-soothing and brightening properties make it a valued ingredient. The industry trend suggests a promising market outlook for Glycyrrhizic Acid Powder as consumers prioritize natural and wholesome choices.

The Global Info Research report includes an overview of the development of the Glycyrrhizic Acid Powder industry chain, the market status of Food Additives (25% Content, 35% Content), Tabacco Additives (25% Content, 35% Content), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Glycyrrhizic Acid Powder.

Regionally, the report analyzes the Glycyrrhizic Acid Powder markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Glycyrrhizic Acid Powder market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Glycyrrhizic Acid Powder market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Glycyrrhizic Acid Powder industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Tons), revenue generated, and market share of different by Type (e.g., 25% Content, 35% Content).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Glycyrrhizic Acid Powder market.

Regional Analysis: The report involves examining the Glycyrrhizic Acid Powder market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Glycyrrhizic Acid Powder market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Glycyrrhizic Acid Powder:

Company Analysis: Report covers individual Glycyrrhizic Acid Powder manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Glycyrrhizic Acid Powder This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Food Additives, Tabacco Additives).

Technology Analysis: Report covers specific technologies relevant to Glycyrrhizic Acid Powder. It assesses the current state, advancements, and potential future developments in Glycyrrhizic Acid Powder areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Glycyrrhizic Acid Powder market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Glycyrrhizic Acid Powder market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
25% Content
35% Content

Market segment by Application
Food Additives
Tabacco Additives

Major players covered
Gansu Sandi Phytochemical
Jiangsu Tiansheng
Bazhou Weicheng Biological

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Glycyrrhizic Acid Powder product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Glycyrrhizic Acid Powder, with price, sales, revenue and global market share of Glycyrrhizic Acid Powder from 2019 to 2024.

Chapter 3, the Glycyrrhizic Acid Powder competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Glycyrrhizic Acid Powder breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Glycyrrhizic Acid Powder market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Glycyrrhizic Acid Powder.

Chapter 14 and 15, to describe Glycyrrhizic Acid Powder sales channel, distributors, customers, research findings and conclusion.