Market Overview:
The global ammoniated glycyrrhizin market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for ammoniated glycyrrhizin in food and beverage applications, cosmetics, pharmaceuticals, animal and pet products, and other applications. Ammoniated glycyrrhizin is used as a flavoring agent in food and beverages due to its sweet taste. It is also used as an emulsifier, thickener, stabilizer, or humectant in various cosmetic formulations. In addition, it is used as a flavor enhancer in pharmaceuticals products such as tablets and capsules.
Product Definition:
A water-soluble extract of the licorice root, ammoniated glycyrrhizin is used to treat coughs, bronchitis, and other respiratory illnesses. It is also a flavoring agent.
Food Grade:
Food-grade ammonium glycyrrhizate (AG) is a colorless liquid with a strong odor. It is used as an additive in food products such as baked goods, confectionery, dairy products, and meat & poultry to enhance their flavor. The product has high nutritive value due to its ability to deliver the essential amino acid lysine along with enhancing the flavor of food items.
Feed Grade:
Feed grade is the highest quality available in the market. It has been processed from cattle and other sources which are not fit for human consumption. The main function of feed grade is to provide nutrition to livestock and help them grow healthily. Feed grade contains all the essential nutrients required by livestock for healthy growth, apart from some additional minerals and vitamins which are necessary for their digestive system.
Application Insights:
Food & beverages, cosmetics, pharmaceuticals and animal & pet products are the major application areas of ammoniated glycyrrhizin. In 2017, these four segments accounted for 69.1%, 15.9%, 8.4% and 2.2% of global market share respectively owing to high product demand in these applications from various regions including North America and Europe whereglycyrrhizin is used as a food additive or dietary supplement for improving livestock productivity or human health conditions such as cardiovascular diseases reduction etc., Glycyrrhizinic acid acts as an anti-inflammatory agent which helps reduce swelling caused due to injury by reducing inflammation mediators production such as histamine etc., It also has immunomodulatory properties which help improve the resistance of body cells against viruses infections bacteria fungi parasites autoimmune disorders etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing product demand from various end-use industries, such as cosmetics and pharmaceuticals. China has been one of the largest consumers of ammoniated glycyrrhizin due to easy availability of raw materials coupled with high demand for animal feed products.
Europe accounted for a major share in terms of volume consumption and is expected to grow at a moderate pace over the forecast period owing mainly to stringent regulations regarding application specific Glycyrrhizin (ASG) content in food & beverages, pharmaceuticals, cosmetics and other end-use industries that are manufactured locally or imported from Asia Pacific countries like China and India.
Growth Factors:
- Increasing demand for natural sweeteners as an alternative to artificial sweeteners
- Rising awareness about the health benefits of ammoniated glycyrrhizin
- Growing popularity of herbal supplements and functional foods and beverages
- Proliferation of online retail channels that offer a wide range of ammoniated glycyrrhizin products
- Increasing investment in research and development activities to explore the potential applications of ammoniated glycyrrhizin
Scope Of The Report
Report Attributes
Report Details
Report Title
Ammoniated Glycyrrhizin Market Research Report
By Type
Food Grade, Feed Grade, Pharmaceuticals Grade, Other
By Application
Food & Beverages, Cosmetics, Pharmaceuticals, Animal and Pet Products, Other
By Companies
Ruihong Bio-Technique, ELION Group, Hunan Dinuo Pharmaceutical, Minophagen Pharmaceutical, Xinjiang TIANSHAN Pharmaceuticals, Alps Pharmaceutical, Xinjiang Kunlunshengnong, Tiansheng Pharmaceutical, Shaanxi Fujie Pharmaceutical, FAME Pharmaceuticals Industry, Ruihong Bio-Technique, Fanzhi Group, Gansu Yalan Pharmaceutical, Greenline Biotech, Qingdao Taitong Pharmaceutical, Cokey, Lion Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Ammoniated Glycyrrhizin Market Report Segments:
The global Ammoniated Glycyrrhizin market is segmented on the basis of:
Types
Food Grade, Feed Grade, Pharmaceuticals Grade, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food & Beverages, Cosmetics, Pharmaceuticals, Animal and Pet Products, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ruihong Bio-Technique
- ELION Group
- Hunan Dinuo Pharmaceutical
- Minophagen Pharmaceutical
- Xinjiang TIANSHAN Pharmaceuticals
- Alps Pharmaceutical
- Xinjiang Kunlunshengnong
- Tiansheng Pharmaceutical
- Shaanxi Fujie Pharmaceutical
- FAME Pharmaceuticals Industry
- Ruihong Bio-Technique
- Fanzhi Group
- Gansu Yalan Pharmaceutical
- Greenline Biotech
- Qingdao Taitong Pharmaceutical
- Cokey
- Lion Corporation
Highlights of The Ammoniated Glycyrrhizin Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Food Grade
- Feed Grade
- Pharmaceuticals Grade
- Other
- By Application:
- Food & Beverages
- Cosmetics
- Pharmaceuticals
- Animal and Pet Products
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ammoniated Glycyrrhizin Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ammoniated glycyrrhizin is a form of glycyrrhizin that has been ammonium hydroxide added to it. This increases the absorption of the glycyrrhizin into the body, making it more effective.
Some of the key players operating in the ammoniated glycyrrhizin market are Ruihong Bio-Technique, ELION Group, Hunan Dinuo Pharmaceutical, Minophagen Pharmaceutical, Xinjiang TIANSHAN Pharmaceuticals, Alps Pharmaceutical, Xinjiang Kunlunshengnong, Tiansheng Pharmaceutical, Shaanxi Fujie Pharmaceutical, FAME Pharmaceuticals Industry, Ruihong Bio-Technique, Fanzhi Group, Gansu Yalan Pharmaceutical, Greenline Biotech, Qingdao Taitong Pharmaceutical, Cokey, Lion Corporation.
The ammoniated glycyrrhizin market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ammoniated Glycyrrhizin Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Ammoniated Glycyrrhizin Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ammoniated Glycyrrhizin Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Ammoniated Glycyrrhizin Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Ammoniated Glycyrrhizin Market Size & Forecast, 2020-2028
4.5.1 Ammoniated Glycyrrhizin Market Size and Y-o-Y Growth
4.5.2 Ammoniated Glycyrrhizin Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Food Grade
5.2.2 Feed Grade
5.2.3 Pharmaceuticals Grade
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food & Beverages
6.2.2 Cosmetics
6.2.3 Pharmaceuticals
6.2.4 Animal and Pet Products
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ammoniated Glycyrrhizin Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ammoniated Glycyrrhizin Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Food Grade
9.6.2 Feed Grade
9.6.3 Pharmaceuticals Grade
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food & Beverages
9.10.2 Cosmetics
9.10.3 Pharmaceuticals
9.10.4 Animal and Pet Products
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Food Grade
10.6.2 Feed Grade
10.6.3 Pharmaceuticals Grade
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food & Beverages
10.10.2 Cosmetics
10.10.3 Pharmaceuticals
10.10.4 Animal and Pet Products
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Food Grade
11.6.2 Feed Grade
11.6.3 Pharmaceuticals Grade
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food & Beverages
11.10.2 Cosmetics
11.10.3 Pharmaceuticals
11.10.4 Animal and Pet Products
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Food Grade
12.6.2 Feed Grade
12.6.3 Pharmaceuticals Grade
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food & Beverages
12.10.2 Cosmetics
12.10.3 Pharmaceuticals
12.10.4 Animal and Pet Products
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Food Grade
13.6.2 Feed Grade
13.6.3 Pharmaceuticals Grade
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food & Beverages
13.10.2 Cosmetics
13.10.3 Pharmaceuticals
13.10.4 Animal and Pet Products
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ammoniated Glycyrrhizin Market: Competitive Dashboard
14.2 Global Ammoniated Glycyrrhizin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ruihong Bio-Technique
14.3.2 ELION Group
14.3.3 Hunan Dinuo Pharmaceutical
14.3.4 Minophagen Pharmaceutical
14.3.5 Xinjiang TIANSHAN Pharmaceuticals
14.3.6 Alps Pharmaceutical
14.3.7 Xinjiang Kunlunshengnong
14.3.8 Tiansheng Pharmaceutical
14.3.9 Shaanxi Fujie Pharmaceutical
14.3.10 FAME Pharmaceuticals Industry
14.3.11 Ruihong Bio-Technique
14.3.12 Fanzhi Group
14.3.13 Gansu Yalan Pharmaceutical
14.3.14 Greenline Biotech
14.3.15 Qingdao Taitong Pharmaceutical
14.3.16 Cokey
14.3.17 Lion Corporation
