Global Trisodium Glycyrrhetate Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Trisodium Glycyrrhetate Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Trisodium Glycyrrhetate market size was valued at USD 50 million in 2023 and is forecast to a readjusted size of USD 78 million by 2030 with a CAGR of 6.4% during review period.

Trisodium Glycyrrhetate is a compound derived from the root of the licorice plant, scientifically known as Glycyrrhiza glabra. It is the trisodium salt of Glycyrrhetinic acid, which is the active component responsible for the sweet taste of licorice. Trisodium Glycyrrhetate has anti-inflammatory and soothing properties, making it a popular ingredient in skincare products. It helps to calm and hydrate the skin, reduce redness and irritation, and promote a smoother complexion. This compound is often utilized in cosmetics, particularly in creams, lotions, serums, and masks designed for sensitive or troubled skin types.

The industry trend for Trisodium Glycyrrhetate is exhibiting growth and a continued demand within the skincare industry. As consumers increasingly focus on skincare solutions that address inflammation and sensitivity, the use of ingredients like Trisodium Glycyrrhetate has gained prominence. Its anti-inflammatory and soothing properties make it a sought-after component in skincare formulations targeting redness, irritation, and blemishes. Moreover, with the rising preference for natural and botanical ingredients, Trisodium Glycyrrhetate, derived from licorice, aligns well with the market trends. Its potential efficacy and compatibility with various skin types contribute to its positive industry trend as consumers seek gentle and effective skincare solutions.

The Global Info Research report includes an overview of the development of the Trisodium Glycyrrhetate industry chain, the market status of Food Additives (65% Content, Other Content), Pharmaceuticals (65% Content, Other Content), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Trisodium Glycyrrhetate.

Regionally, the report analyzes the Trisodium Glycyrrhetate 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 Trisodium Glycyrrhetate market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Trisodium Glycyrrhetate 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 Trisodium Glycyrrhetate 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., 65% Content, Other 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 Trisodium Glycyrrhetate market.

Regional Analysis: The report involves examining the Trisodium Glycyrrhetate 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 Trisodium Glycyrrhetate market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Trisodium Glycyrrhetate:

Company Analysis: Report covers individual Trisodium Glycyrrhetate 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 Trisodium Glycyrrhetate This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Food Additives, Pharmaceuticals).

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

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Trisodium Glycyrrhetate 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

Trisodium Glycyrrhetate 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
65% Content
Other Content

Market segment by Application
Food Additives
Pharmaceuticals

Major players covered
China Meheco Tianshan Pharma
Jiangsu Tiansheng

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 Trisodium Glycyrrhetate product scope, market overview, market estimation caveats and base year.

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

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

Chapter 4, the Trisodium Glycyrrhetate 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 Trisodium Glycyrrhetate 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 Trisodium Glycyrrhetate.

Chapter 14 and 15, to describe Trisodium Glycyrrhetate sales channel, distributors, customers, research findings and conclusion.