Glycyrrhetinic Acid (CAS 471-53-4) Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
26313 | Date :
Jan, 2023 | Pages :
168 | Region : Global |
Publisher : RI
Glycyrrhetinic Acid (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.
In consumption market, the growth rate of global consumption is smooth relatively. China and Europe are still the mainly consumption regions due to the advanced production technology and rapid development of economy.
According to Glycyrrhetinic Acid contain, it can be mainly classified into three types: HLPC 98%. It can be widely used in many industries. Survey results showed that 53.06% of the Glycyrrhetinic Acid market is Pharmaceutical, 43.53% is Cosmetic. With the development of economy, these industries will need more Glycyrrhetinic Acid. So, Glycyrrhetinic Acid has a huge market potential in the future.
The major raw material for Glycyrrhetinic Acid is liquorice extract and liquorice root, etc. On the global market, supply of raw materials is rare. Fluctuations in the price of the upstream product will impact on the production cost of Glycyrrhetinic Acid industry.
The Global Glycyrrhetinic Acid (CAS 471-53-4) Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
In the global Glycyrrhetinic Acid (CAS 471-53-4) Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
HPLC 98% In Market segmentation by applications :
Pharmaceutical
Cosmetic
Other
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Glycyrrhetinic Acid (CAS 471-53-4) Market for the forecast period 2023 - 2030?
• What are the driving forces in the Glycyrrhetinic Acid (CAS 471-53-4) Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Glycyrrhetinic Acid (CAS 471-53-4) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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