Market Overview:
The global sodium glycyrrhetate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. Sodium glycyrrhetate is used as a flavoring agent in food and beverage products, and also has various medicinal properties. It is available in high purity and low purity forms, with the former being more expensive but having better quality. The Asia Pacific region dominates the global sodium glycyrrhetate market, followed by Europe and North America. The growth of the market in Asia Pacific can be attributed to rising demand for premium food products, especially in countries such as China and India.
 Industry Outlook.svg)
Product Definition:
A white powder or colorless crystals, sodium glycyrrhetate is the sodium salt of glycyrrhetic acid. It is a natural product and an effective anti-inflammatory agent.
High Purity:
Sodium glycyrrhétate, also known as sugarcane syrup or sweeteners, is a transparent liquid with a mild odor. It is usually produced by chemical synthesis of monosaccharides (single sugar) and used in the food industry as an artificial sweetener.
Low Purity:
Sodium glycyrrhizate is a colorless liquid with a mild odor. It is soluble in water and ethanol, but insoluble in aliphatic hydrocarbons and chloroform. The compound has an odor similar to that of licorice or liquorish.
The product was first synthesized by the Japanese physician Teranishi Kaichiro (1903-1908) who received the Nobel Prize for Chemistry in 1936 for this work.
Application Insights:
The application of sodium glycyrrhetate is majorly in the form of spices, candy, beverage and others. The other applications include pharmaceuticals and cosmetics. In terms of revenue, beverages emerged as the largest application segment with a share of over 40% in 2017. Sodium glycyrrhizate has been used for centuries as an herb that helps to reduce inflammation & swelling owing to its anti-oxidant properties. It is also used for medicinal purposes such as treatment from colds & flu by gargling or using it directly into the mouth.
Sodium glycyrrhizate when added to food increases moisture retention capacity which enhances texture.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to growing product demand from countries, such as China, India, Japan, and Australia. Rising population coupled with increasing per capita income has resulted in increased consumption of processed food products across this region. This trend is projected to increase sodium glycyrrhetate demand in these countries over the coming years.
The Middle East & Africa (MEA) market for sodium glycyrrhetate is anticipated to grow at a significant rate during the forecast period owing to high levels of development taking place across this region especially within Saudi Arabia.
Growth Factors:
- Sodium Glycyrrhetate is a natural compound that has various therapeutic properties.
- It is used in traditional Chinese medicine for the treatment of various diseases and conditions.
- Sodium Glycyrrhetate possesses anti-inflammatory, analgesic, and antioxidant properties.
- It is also effective in the treatment of gastrointestinal disorders and liver diseases.
- The demand for Sodium Glycyrrhetate is increasing due to its therapeutic benefits
Scope Of The Report
Report Attributes
Report Details
Report Title
Sodium Glycyrrhetate (CAS?71277-79-7) Market Research Report
By Type
High Purity, Low Purity
By Application
Spices, Candy, Beverage, Others
By Companies
Tiansheng Pharmaceutical, Jiangsu Tiansheng Pharmaceutical, Jinjinle Chemical, Shenzhen Nangang Hengshun, Alps Pharmaceutical, Minophagen Pharmaceutical, Xinjiang TIANSHAN Pharmaceuticals Industry, Shaanxi Fujie Pharmaceutical, Xinjiang Kunlunshengnong, Ruihong Bio-technique, ELION Group
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Sodium Glycyrrhetate (CAS?71277-79-7) Market Report Segments:
The global Sodium Glycyrrhetate (CAS?71277-79-7) market is segmented on the basis of:
Types
High Purity, Low Purity
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
Spices, Candy, Beverage, Others
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:
- Tiansheng Pharmaceutical
- Jiangsu Tiansheng Pharmaceutical
- Jinjinle Chemical
- Shenzhen Nangang Hengshun
- Alps Pharmaceutical
- Minophagen Pharmaceutical
- Xinjiang TIANSHAN Pharmaceuticals Industry
- Shaanxi Fujie Pharmaceutical
- Xinjiang Kunlunshengnong
- Ruihong Bio-technique
- ELION Group
 Market Overview.svg)
Highlights of The Sodium Glycyrrhetate (CAS?71277-79-7) 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:
- High Purity
- Low Purity
- By Application:
- Spices
- Candy
- Beverage
- Others
- 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 Sodium Glycyrrhetate (CAS?71277-79-7) 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
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?
Sodium glycyrrhetate is a chemical compound with the molecular formula C5H10N4O2. It is a white solid that is soluble in water and most organic solvents. Sodium glycyrrhetate has been used as an agent in drug research and as a sweetener.
Some of the major players in the sodium glycyrrhetate (cas?71277-79-7) market are Tiansheng Pharmaceutical, Jiangsu Tiansheng Pharmaceutical, Jinjinle Chemical, Shenzhen Nangang Hengshun, Alps Pharmaceutical, Minophagen Pharmaceutical, Xinjiang TIANSHAN Pharmaceuticals Industry, Shaanxi Fujie Pharmaceutical, Xinjiang Kunlunshengnong, Ruihong Bio-technique, ELION Group.
The sodium glycyrrhetate (cas?71277-79-7) market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Sodium Glycyrrhetate (CAS?71277-79-7) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Sodium Glycyrrhetate (CAS?71277-79-7) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Sodium Glycyrrhetate (CAS?71277-79-7) Market - Supply Chain
4.5. Global Sodium Glycyrrhetate (CAS?71277-79-7) Market Forecast
4.5.1. Sodium Glycyrrhetate (CAS?71277-79-7) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Sodium Glycyrrhetate (CAS?71277-79-7) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Sodium Glycyrrhetate (CAS?71277-79-7) Market Absolute $ Opportunity
5. Global Sodium Glycyrrhetate (CAS?71277-79-7) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Sodium Glycyrrhetate (CAS?71277-79-7) Market Size and Volume Forecast by Type
5.3.1. High Purity
5.3.2. Low Purity
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Sodium Glycyrrhetate (CAS?71277-79-7) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Sodium Glycyrrhetate (CAS?71277-79-7) Market Size and Volume Forecast by Application
6.3.1. Spices
6.3.2. Candy
6.3.3. Beverage
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Sodium Glycyrrhetate (CAS?71277-79-7) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Sodium Glycyrrhetate (CAS?71277-79-7) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Sodium Glycyrrhetate (CAS?71277-79-7) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Sodium Glycyrrhetate (CAS?71277-79-7) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Sodium Glycyrrhetate (CAS?71277-79-7) Demand Share Forecast, 2019-2026
9. North America Sodium Glycyrrhetate (CAS?71277-79-7) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Sodium Glycyrrhetate (CAS?71277-79-7) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Sodium Glycyrrhetate (CAS?71277-79-7) Market Size and Volume Forecast by Application
9.4.1. Spices
9.4.2. Candy
9.4.3. Beverage
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Sodium Glycyrrhetate (CAS?71277-79-7) Market Size and Volume Forecast by Type
9.7.1. High Purity
9.7.2. Low Purity
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Sodium Glycyrrhetate (CAS?71277-79-7) Demand Share Forecast, 2019-2026
10. Latin America Sodium Glycyrrhetate (CAS?71277-79-7) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Sodium Glycyrrhetate (CAS?71277-79-7) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Sodium Glycyrrhetate (CAS?71277-79-7) Market Size and Volume Forecast by Application
10.4.1. Spices
10.4.2. Candy
10.4.3. Beverage
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Sodium Glycyrrhetate (CAS?71277-79-7) Market Size and Volume Forecast by Type
10.7.1. High Purity
10.7.2. Low Purity
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Sodium Glycyrrhetate (CAS?71277-79-7) Demand Share Forecast, 2019-2026
11. Europe Sodium Glycyrrhetate (CAS?71277-79-7) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Sodium Glycyrrhetate (CAS?71277-79-7) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Sodium Glycyrrhetate (CAS?71277-79-7) Market Size and Volume Forecast by Application
11.4.1. Spices
11.4.2. Candy
11.4.3. Beverage
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Sodium Glycyrrhetate (CAS?71277-79-7) Market Size and Volume Forecast by Type
11.7.1. High Purity
11.7.2. Low Purity
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Sodium Glycyrrhetate (CAS?71277-79-7) Demand Share, 2019-2026
12. Asia Pacific Sodium Glycyrrhetate (CAS?71277-79-7) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Sodium Glycyrrhetate (CAS?71277-79-7) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Sodium Glycyrrhetate (CAS?71277-79-7) Market Size and Volume Forecast by Application
12.4.1. Spices
12.4.2. Candy
12.4.3. Beverage
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Sodium Glycyrrhetate (CAS?71277-79-7) Market Size and Volume Forecast by Type
12.7.1. High Purity
12.7.2. Low Purity
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Sodium Glycyrrhetate (CAS?71277-79-7) Demand Share, 2019-2026
13. Middle East & Africa Sodium Glycyrrhetate (CAS?71277-79-7) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Sodium Glycyrrhetate (CAS?71277-79-7) Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Sodium Glycyrrhetate (CAS?71277-79-7) Market Size and Volume Forecast by Application
13.4.1. Spices
13.4.2. Candy
13.4.3. Beverage
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Sodium Glycyrrhetate (CAS?71277-79-7) Market Size and Volume Forecast by Type
13.7.1. High Purity
13.7.2. Low Purity
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Sodium Glycyrrhetate (CAS?71277-79-7) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Sodium Glycyrrhetate (CAS?71277-79-7) Market: Market Share Analysis
14.2. Sodium Glycyrrhetate (CAS?71277-79-7) Distributors and Customers
14.3. Sodium Glycyrrhetate (CAS?71277-79-7) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Tiansheng Pharmaceutical
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Jiangsu Tiansheng Pharmaceutical
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Jinjinle Chemical
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Shenzhen Nangang Hengshun
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Alps Pharmaceutical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Minophagen Pharmaceutical
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Xinjiang TIANSHAN Pharmaceuticals Industry
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Shaanxi Fujie Pharmaceutical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Xinjiang Kunlunshengnong
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Ruihong Bio-technique
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. ELION Group
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
