Global Food Grade Monoammonium Glycyrrhizinate Market Growth 2024-2030

Global Food Grade Monoammonium Glycyrrhizinate Market Growth 2024-2030

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 Food Grade Monoammonium Glycyrrhizinate market size is projected to grow from US$ million in 2023 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Food Grade Monoammonium Glycyrrhizinate Industry Forecast” looks at past sales and reviews total world Food Grade Monoammonium Glycyrrhizinate sales in 2023, providing a comprehensive analysis by region and market sector of projected Food Grade Monoammonium Glycyrrhizinate sales for 2024 through 2030. With Food Grade Monoammonium Glycyrrhizinate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Food Grade Monoammonium Glycyrrhizinate industry.

This Insight Report provides a comprehensive analysis of the global Food Grade Monoammonium Glycyrrhizinate landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Food Grade Monoammonium Glycyrrhizinate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Food Grade Monoammonium Glycyrrhizinate market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Food Grade Monoammonium Glycyrrhizinate and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Food Grade Monoammonium Glycyrrhizinate.

United States market for Food Grade Monoammonium Glycyrrhizinate is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Food Grade Monoammonium Glycyrrhizinate is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Food Grade Monoammonium Glycyrrhizinate is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Food Grade Monoammonium Glycyrrhizinate players cover VITAL-CHEM Zhuhai, Sabinsa, Alchem International, Shaanxi Fujie Pharmaceutical and MAFCO Worldwide, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Food Grade Monoammonium Glycyrrhizinate market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Purity ≥99%
Purity ＜99%

Segmentation by application
Food & Beverages
Nutraceuticals
Other

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.
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
VITAL-CHEM Zhuhai
Shaanxi Fujie Pharmaceutical
Qingdao Taitong Pharmaceutical

Key Questions Addressed in this Report

What is the 10-year outlook for the global Food Grade Monoammonium Glycyrrhizinate market?

What factors are driving Food Grade Monoammonium Glycyrrhizinate market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Food Grade Monoammonium Glycyrrhizinate market opportunities vary by end market size?

How does Food Grade Monoammonium Glycyrrhizinate break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.