Global Monoammonium Glycyrrhizinate (MAG) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Monoammonium Glycyrrhizinate (MAG) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

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

Monoammonium glycyrrhizinate (MAG) is the pure derivative from glycyrrhetinic acid, which is a natural material extracted from the licorice root (Glycyrrhiza glabra). MAG is known to be a natural sweetener, and considered to be a functional ingredient used to enhance a product’s sweetness.  It is commonly used in the food, pharmaceutical and nutraceutical industries. 

The Global Info Research report includes an overview of the development of the Monoammonium Glycyrrhizinate (MAG) industry chain, the market status of Food & Beverages (Purity: 95%-98%, Purity: 98%-99%), Nutraceuticals (Purity: 95%-98%, Purity: 98%-99%), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Monoammonium Glycyrrhizinate (MAG).

Regionally, the report analyzes the Monoammonium Glycyrrhizinate (MAG) 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 Monoammonium Glycyrrhizinate (MAG) market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Monoammonium Glycyrrhizinate (MAG) 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 Monoammonium Glycyrrhizinate (MAG) 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 (Kiloton), revenue generated, and market share of different by Type (e.g., Purity: 95%-98%, Purity: 98%-99%).

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 Monoammonium Glycyrrhizinate (MAG) market.

Regional Analysis: The report involves examining the Monoammonium Glycyrrhizinate (MAG) 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 Monoammonium Glycyrrhizinate (MAG) market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Monoammonium Glycyrrhizinate (MAG):

Company Analysis: Report covers individual Monoammonium Glycyrrhizinate (MAG) 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 Monoammonium Glycyrrhizinate (MAG) This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Food & Beverages, Nutraceuticals).

Technology Analysis: Report covers specific technologies relevant to Monoammonium Glycyrrhizinate (MAG). It assesses the current state, advancements, and potential future developments in Monoammonium Glycyrrhizinate (MAG) areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Monoammonium Glycyrrhizinate (MAG) 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

Monoammonium Glycyrrhizinate (MAG) 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
Purity: 95%-98%
Purity: 98%-99%
Purity: ≥99%

Market segment by Application
Food & Beverages
Nutraceuticals
Pharmaceuticals
Personal Care Products
Cosmetics
Other

Major players covered
Herbakraft
TOKIWA Phytochemical
Prinova
VITAL-CHEM Zhuhai Co., Ltd.
Sabinsa
Alchem International Ltd
Ruitenberg BasIQs B.V.
Shaanxi Fujie Pharmaceutical
MAFCO Worldwide
Qingdao Taitong Pharmaceutical
Cokey

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 Monoammonium Glycyrrhizinate (MAG) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Monoammonium Glycyrrhizinate (MAG), with price, sales, revenue and global market share of Monoammonium Glycyrrhizinate (MAG) from 2019 to 2024.

Chapter 3, the Monoammonium Glycyrrhizinate (MAG) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Monoammonium Glycyrrhizinate (MAG) 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 Monoammonium Glycyrrhizinate (MAG) 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 Monoammonium Glycyrrhizinate (MAG).

Chapter 14 and 15, to describe Monoammonium Glycyrrhizinate (MAG) sales channel, distributors, customers, research findings and conclusion.