The global Glycyrrhetinic Acid (CAS 471-53-4) market was valued at US$ 22 million in 2020 and it is expected to reach US$ 31 million by the end of 2027, growing at a CAGR of 4.3% during 2021-2027.
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.
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%.
Global Glycyrrhetinic Acid (CAS 471-53-4) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Glycyrrhetinic Acid (CAS 471-53-4) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Fujie Pharmaceutical, Qinghai Lake Pharmaceutical, Select Botanical, Givaudan (Indena S.p.A.), Alchem International, Tianshan Pharmaceuticals, GfN & Selco, Jiangshu Tiansheng Pharmaceutical, Gansu Fanzhi Pharmaceutical and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Above 98%
- Below 98%
Segment by Application
Table of Content:
1 Glycyrrhetinic Acid (CAS 471-53-4) Market Overview
2 Glycyrrhetinic Acid (CAS 471-53-4) Market Competition by Manufacturers
3 Glycyrrhetinic Acid (CAS 471-53-4) Retrospective Market Scenario by Region
4 Global Glycyrrhetinic Acid (CAS 471-53-4) Historic Market Analysis by Type
5 Global Glycyrrhetinic Acid (CAS 471-53-4) Historic Market Analysis by Application
6 Key Companies Profiled
7 Glycyrrhetinic Acid (CAS 471-53-4) Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Glycyrrhetinic Acid (CAS 471-53-4) Market Dynamics
10 Global Glycyrrhetinic Acid (CAS 471-53-4) Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.