Glycyrrhetinic Acid (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.
In consumption market, the growth rate of global consumption is smooth relatively. China and Europe are still the mainly consumption regions due to the advanced production technology and rapid development of economy.
According to Glycyrrhetinic Acid contain, it can be mainly classified into three types: HLPC 98%. It can be widely used in many industries. Survey results showed that 53.06% of the Glycyrrhetinic Acid market is Pharmaceutical, 43.53% is Cosmetic. With the development of economy, these industries will need more Glycyrrhetinic Acid. So, Glycyrrhetinic Acid has a huge market potential in the future.
The major raw material for Glycyrrhetinic Acid is liquorice extract and liquorice root, etc. On the global market, supply of raw materials is rare. Fluctuations in the price of the upstream product will impact on the production cost of Glycyrrhetinic Acid industry.
According to this study, over the next five years the Glycyrrhetinic Acid (CAS 471-53-4) market will register a 3.6% CAGR in terms of revenue, the global market size will reach US$ 24 million by 2024, from US$ 19 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Glycyrrhetinic Acid (CAS 471-53-4) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Glycyrrhetinic Acid (CAS 471-53-4) market by product type, application, key manufacturers and key regions and countries.
This study considers the Glycyrrhetinic Acid (CAS 471-53-4) value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
HPLC < 95%
HPLC 95%-98%
HPLC > 98%
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Pharmaceutical
Cosmetic
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Fujie Pharmaceutical
QHL Pharma
Select Botanical
Indena
Alchem International
TIANSHAN Pharmaceuticals
Selco Wirkstoffe Vertriebs GmbH
Jiangsu Tiansheng Pharmaceutical
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Glycyrrhetinic Acid (CAS 471-53-4) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Glycyrrhetinic Acid (CAS 471-53-4) market by identifying its various subsegments.
Focuses on the key global Glycyrrhetinic Acid (CAS 471-53-4) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Glycyrrhetinic Acid (CAS 471-53-4) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Glycyrrhetinic Acid (CAS 471-53-4) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Glycyrrhetinic Acid (CAS 471-53-4) . Industry analysis & Market Report on Glycyrrhetinic Acid (CAS 471-53-4) is a syndicated market report, published as Global Glycyrrhetinic Acid (CAS 471-53-4) Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Glycyrrhetinic Acid (CAS 471-53-4) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.