Monoammonium glycyrrhizinate is the active compound derived from liquorice root. It is used in a wide variety of medical and cosmetic products, sweetener, as it produces excellent pharmacological effects such as anti-inflammatory, antiulcer and antiallergic actions. Monoammonium glycyrrhizinate include food grade monoammonium glycyrrhizinate and medical grade monoammonium glycyrrhizinate, among them, food grade monoammonium glycyrrhizinate occupy the largest market share.
The monoammonium glycyrrhizinate market was valued at 1417 Million US$ in 2018 and is projected to reach 1821 Million US$ by 2024, at a CAGR of 4.26% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2024 as the forecast period to estimate the market size for Monoammonium Glycyrrhizinate.
Increasing use of licorice extracts in food industry and growing demand for natural ingredient is projected to boost growth of the licorice market. Licorice extracts are further segmented on the basis of application, which includes food & beverages, pharmaceutical, tobacco, and others. Pharmaceutical segment is expected to account for the highest revenue share over the forecast period, due to increasing use of licorice extracts in medicines due to its anti-microbial properties.
Global Monoammonium Glycyrrhizinate industry market professional research 2014-2024, is a report which provides the details about industry overview, industry chain, market size (sales, revenue, and growth rate), gross margin, major manufacturers, development trends and forecast.
Top 10 players in global monoammonium glycyrrhizinate market include:
Mafco Worldwide LLC
Alps Pharmaceutical Ind
ATP Glycyrrhizinate Center
Peter Whiting Chemicals
Tiansheng Pharmaceutical
Fujie Pharmaceutical
Fanzhi Pharmaceutical
Qinghai Lake Pharmaceutical
Sabinsa Corporation
Gansu Yanlan Pharmaceutical
Market segmentation, by product types:
Food Grade
Medical Grade
Other
Market segmentation, by applications:
Pharmaceutical Industry
Food Industry
Cosmetic Industry
Other
Market segmentation, by regions:
North America (United States, Canada)
Europe (Germany, France, UK, Italy, Russia, Spain)
Asia Pacific (China, Japan, Korea, India, Australia, New Zealand)
Middle East & Africa (Middle East, Africa)
Latin America (Mexico, Brazil, C. America, Chile, Peru, Colombia)
The report can answer the following questions:
1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Monoammonium Glycyrrhizinate industry.
2. Global major manufacturers’ operating situation (sales, revenue, growth rate and gross margin) of Monoammonium Glycyrrhizinate industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Monoammonium Glycyrrhizinate industry.
4. Different types and applications of Monoammonium Glycyrrhizinate industry, market share of each type and application by revenue.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Monoammonium Glycyrrhizinate industry.
6. Upstream raw materials and manufacturing equipment, industry chain analysis of Monoammonium Glycyrrhizinate industry.
7. SWOT analysis of Monoammonium Glycyrrhizinate industry.
8. New Project Investment Feasibility Analysis of Monoammonium Glycyrrhizinate industry.
Summary:
Get latest Market Research Reports on Monoammonium Glycyrrhizinate. Industry analysis & Market Report on Monoammonium Glycyrrhizinate is a syndicated market report, published as Global Monoammonium Glycyrrhizinate Market Professional Survey 2019 by Manufacturers, Regions, Countries, Types and Applications, Forecast to 2024. It is complete Research Study and Industry Analysis of Monoammonium Glycyrrhizinate market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.