Market Overview:
The global stearyl glycyrrhetinate 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 skin care products and toiletries that contain stearyl glycyrrhetinate as an ingredient. UV95%, UV98%, and UV99% are the three types of stearyl glycyrrhetinate available in the market, with each type catering to specific needs of consumers. North America is expected to lead the global market in terms of revenue, followed by Europe and Asia Pacific.
Product Definition:
It is a compound that is derived from licorice and it has anti-inflammatory properties. It can be used to treat conditions such as eczema and psoriasis.
UV95%:
UV95% is a high performance liquid, which is used as an intermediate in the production of glycyrrhetinate. It has applications in pharmaceuticals and cosmetics industry. The product finds its application as a flavoring agent for sweets and baked products, mainly due to its sweet taste without any aftertaste.
UV98%:
UV98% is a transparent liquid that has been extracted from glycerol. It is a type of glycerin which has undergone chemical modification to make it suitable for use in personal care products such as shampoos, moisturizers and other cosmetics. UV98% can be used as an alternative to hydrophilic (water-soluble) ingredients found in hair sprays, deodorants and other cosmetic products by replacing them with the same amount of UV98%.
Application Insights:
The skin care products segment held the largest market share of more than 60% in 2017. The demand for the product is expected to increase owing to its ability to moisturize and improve skin texture. Moreover, it helps remove excess oil from the skin, control acne and reduce pore clogging. These factors are anticipated to drive product demand in personal care applications over the forecast period.
Stearyl glycyrrhetinate is used as an emollient agent in toiletries such as shaving creams, shower gels and bath oils due to its excellent lubricating properties which help prevent cuts while shaving or showering. It also has antimicrobial properties which help keep bathroom surfaces clean without any harmful chemicals present in conventional cleaners that can damage enamel or irritate eyesight.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and accounted for over 40% of global demand. Rising consumer awareness regarding personal grooming, along with increasing spending on skin care products, is expected to drive product demand in this region. Increasing penetration of leading cosmetic brands such as L'Or©al SA; Shahnaz Husain Ltd.; and Procter & Gamble Co., in emerging economies of Asia Pacific is also projected to fuel industry growth over the forecast period.
North America emerged as the second-largest regional market due to high consumption levels coupled with rising application scope for cosmetics and toiletries products owing to growing consumer awareness about beauty and wellness trends across U.S., Canada, Mexico, Puerto Rico, Guam among other Caribbean islands.
Growth Factors:
- Increasing demand for natural ingredients in cosmetics and personal care products.
- Rising awareness about the benefits of stearyl glycyrrhetinate in skin care products.
- Growing popularity of herbal and Ayurvedic skin care products.
- Increasing use of stearyl glycyrrhetinate in anti-aging skincare formulations.
Scope Of The Report
Report Attributes
Report Details
Report Title
Stearyl Glycyrrhetinate Market Research Report
By Type
UV95%, UV98%, UV99%
By Application
Skin Care Products, Toiletries
By Companies
Qinghai Lake Pharmaceutical, GfN-Selco, Res Pharma, Uniproma Chemical, Daepyung, FanZhi Pharmaceutical
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
229
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Stearyl Glycyrrhetinate Market Report Segments:
The global Stearyl Glycyrrhetinate market is segmented on the basis of:
Types
UV95%, UV98%, UV99%
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
Skin Care Products, Toiletries
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:
- Qinghai Lake Pharmaceutical
- GfN-Selco
- Res Pharma
- Uniproma Chemical
- Daepyung
- FanZhi Pharmaceutical
Highlights of The Stearyl Glycyrrhetinate 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:
- UV95%
- UV98%
- UV99%
- By Application:
- Skin Care Products
- Toiletries
- 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 Stearyl Glycyrrhetinate 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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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?
Stearyl glycyrrhetinate is a synthetic compound that is used as a food additive. It is an ester of glycerin and rhein, and it has been shown to increase the absorption of nutrients from food.
Some of the major players in the stearyl glycyrrhetinate market are Qinghai Lake Pharmaceutical, GfN-Selco, Res Pharma, Uniproma Chemical, Daepyung, FanZhi Pharmaceutical.
The stearyl glycyrrhetinate 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 Stearyl Glycyrrhetinate 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 Stearyl Glycyrrhetinate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Stearyl Glycyrrhetinate 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 Stearyl Glycyrrhetinate 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 Stearyl Glycyrrhetinate Market Size & Forecast, 2020-2028
4.5.1 Stearyl Glycyrrhetinate Market Size and Y-o-Y Growth
4.5.2 Stearyl Glycyrrhetinate 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 UV95%
5.2.2 UV98%
5.2.3 UV99%
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 Skin Care Products
6.2.2 Toiletries
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Stearyl Glycyrrhetinate 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 Stearyl Glycyrrhetinate 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 UV95%
9.6.2 UV98%
9.6.3 UV99%
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 Skin Care Products
9.10.2 Toiletries
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 UV95%
10.6.2 UV98%
10.6.3 UV99%
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 Skin Care Products
10.10.2 Toiletries
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 UV95%
11.6.2 UV98%
11.6.3 UV99%
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 Skin Care Products
11.10.2 Toiletries
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 UV95%
12.6.2 UV98%
12.6.3 UV99%
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 Skin Care Products
12.10.2 Toiletries
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 UV95%
13.6.2 UV98%
13.6.3 UV99%
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 Skin Care Products
13.10.2 Toiletries
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 Stearyl Glycyrrhetinate Market: Competitive Dashboard
14.2 Global Stearyl Glycyrrhetinate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Qinghai Lake Pharmaceutical
14.3.2 GfN-Selco
14.3.3 Res Pharma
14.3.4 Uniproma Chemical
14.3.5 Daepyung
14.3.6 FanZhi Pharmaceutical
