United States Glycyrrhetinic Acid Market was valued at USD 0.15 Billion in 2022 and is projected to reach USD 0.25 Billion by 2030, growing at a CAGR of 7.0% from 2024 to 2030.
The US Glycyrrhetinic Acid market is witnessing significant growth, driven by the increasing demand for this compound across various industries. Glycyrrhetinic acid, a triterpenoid saponin derived from licorice root, is gaining attention due to its wide range of applications in pharmaceuticals, cosmetics, and food & beverages. The unique properties of glycyrrhetinic acid, such as its anti-inflammatory, anti-viral, and skin-healing capabilities, make it an essential ingredient in many products, particularly in the healthcare and personal care sectors.
In the pharmaceutical industry, glycyrrhetinic acid is sought after for its therapeutic properties. It is used as an active ingredient in various medications for conditions such as ulcers, liver diseases, and viral infections. With the increasing awareness of the medicinal benefits of glycyrrhetinic acid, many pharmaceutical companies are investing in its production. The demand is expected to rise, as the need for natural, plant-based ingredients in the healthcare sector grows.
In the cosmetics and skincare industry, glycyrrhetinic acid is used for its skin-soothing and anti-inflammatory effects. It is found in numerous creams, lotions, and serums designed to reduce skin irritation, acne, and redness. The growing preference for organic and natural beauty products is one of the primary drivers of the Glycyrrhetinic Acid market, as consumers become more conscious of the ingredients used in their skincare routines.
Moreover, the food and beverage industry is beginning to utilize glycyrrhetinic acid as a natural sweetener and flavoring agent, capitalizing on its mild sweetness and health benefits. This is particularly relevant in the production of low-sugar and sugar-free products, which are becoming more popular among health-conscious consumers.
The market's demand is further fueled by the increasing preference for sustainable and plant-derived products. As industries strive for eco-friendly solutions, glycyrrhetinic acid is a favorable choice due to its natural origin and versatility. Businesses across various sectors are continuously exploring innovative ways to incorporate glycyrrhetinic acid into their products, increasing its presence in the market.
The US Glycyrrhetinic Acid market continues to grow, with significant potential in multiple industries. As research into its benefits and applications advances, we can expect the demand for this powerful compound to expand further, driving innovation across pharmaceuticals, cosmetics, and the food industry.
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Fujie Pharmaceutical
Qinghai Lake Pharmaceutical
Select Botanical
Givaudan (Indena S.p.A.)
Alchem International
TIANSHAN Pharmaceuticals
GfN & Selco
Jiangshu Tiansheng Pharmaceutical
Gansu Fanzhi Pharmaceutical
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Glycyrrhetinic Acid Market
Anti-inflammatory Products
Antiviral Medications
Gastrointestinal Health
Licorice Root Extract
Other Herbal Extracts
Glycyrrhetinic Acid Powder
Glycyrrhetinic Acid Liquid
Glycyrrhetinic Acid Creams and Gels
Healthcare Professionals
Cosmetic Manufacturers
Food Producers
Research Institutions
Company Websites
E-commerce Platforms
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Glycyrrhetinic Acid Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Glycyrrhetinic Acid Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Glycyrrhetinic Acid Market, By Type
6. US Glycyrrhetinic Acid Market, By Application
7. US Glycyrrhetinic Acid Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Glycyrrhetinic Acid Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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