Los Angeles, CA -- (SBWIRE) -- 04/17/2019 -- 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.
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According to Glycyrrhetinic Acid contain, it can be mainly classified into three types: HLPC <95%? HLPC 95%-98% and HPLC >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 19 million US$ in 2018 and is expected to 24 million US$ by the end of 2025, growing at a CAGR of 2.8% between 2019 and 2025.
This report studies the Glycyrrhetinic Acid (CAS 471-53-4) market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Glycyrrhetinic Acid (CAS 471-53-4) in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Fujie Pharmaceutical
QHL Pharma
Select Botanical
Indena
Alchem International
TIANSHAN Pharmaceuticals
Selco Wirkstoffe Vertriebs GmbH
Jiangsu Tiansheng Pharmaceutical
By the product type, the market is primarily split into
HPLC < 95%
HPLC 95%-98%
HPLC > 98%
By the end users/application, this report covers the following segments
Pharmaceutical
Cosmetic
Other
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