Global Glycyrrhetinic Acid Market Growth 2023-2029

Global Glycyrrhetinic Acid Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Glycyrrhetinic Acid Industry Forecast” looks at past sales and reviews total world Glycyrrhetinic Acid sales in 2022, providing a comprehensive analysis by region and market sector of projected Glycyrrhetinic Acid sales for 2023 through 2029. With Glycyrrhetinic Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Glycyrrhetinic Acid industry.
This Insight Report provides a comprehensive analysis of the global Glycyrrhetinic Acid 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 Glycyrrhetinic Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Glycyrrhetinic Acid market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Glycyrrhetinic Acid and breaks down the forecast by content, 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 Glycyrrhetinic Acid.
The global Glycyrrhetinic Acid market size is projected to grow from US$ 23 million in 2022 to US$ 32 million in 2029; it is expected to grow at a CAGR of 32 from 2023 to 2029.
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%.
This report presents a comprehensive overview, market shares, and growth opportunities of Glycyrrhetinic Acid market by product content, application, key manufacturers and key regions and countries.
Market Segmentation:
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?
What are the influences of COVID-19 and Russia-Ukraine war?

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