Glycyrrhetinic Acid Market in India, Industry Outlook and Forecast 2024-2030

Glycyrrhetinic Acid (CAS 471-53-4) (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.

This report contains market size and forecasts of Glycyrrhetinic Acid in India, highlights the following information:

Sales of Glycyrrhetinic Acid in India: Value 2019 VS 2023 VS 2030, ($ millions)

Sales of Glycyrrhetinic Acid in India: Volume 2019 VS 2023 VS 2030, (Kg)

Sales of Glycyrrhetinic Acid in India: Revenue Market Share by Company, 2019-2024

Sales of Glycyrrhetinic Acid in India: Volume Market Share by Company, 2019-2024

India is now the world’s most populous country. According to IMF (its July update to its World Economic Outlook), India’s GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.

India is a market full of opportunities, and the demand for Glycyrrhetinic Acid will continue to grow rapidly in the future.

The global Glycyrrhetinic Acid market size was valued at 24 million in 2023 and is forecast to a readjusted size of US$ 32 million by 2030, with a CAGR of 4.3% during the forecast period 2024-2030.While the India Glycyrrhetinic Acid market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. India will account for % percent of Glycyrrhetinic Acid's global value in 2030, from % in 2023.

Our research team has surveyed the Glycyrrhetinic Acid manufacturers, suppliers, distributors, and industry experts on this industry, involving the sales, Value, demand, price change, product matrix, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

India Glycyrrhetinic Acid Market, By Content, 2019-2024, 2025-2030 ($ Millions) & (Kg)

India Glycyrrhetinic Acid Market Segment Percentages, By Content, 2023 (%)

Above 98%

Below 98%

India Glycyrrhetinic Acid Market, By Application, 2019-2024, 2025-2030 ($ Millions) & (Kg)

India Glycyrrhetinic Acid Market Segment Percentages, By Application, 2023 (%)

Pharmaceutical

Cosmetic

Others

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Glycyrrhetinic Acid revenues in India market, 2019-2024 (Estimated), ($ millions)

Key companies Glycyrrhetinic Acid sales in India market, 2019-2024 (Estimated), (Kg)

Further, the report presents profiles of competitors in the market, key players include:

Fujie Pharmaceutical

Qinghai Lake Pharmaceutical

Select Botanical

Givaudan (Indena S.p.A.)

Alchem International

TIANSHAN Pharmaceuticals

GfN & Selco

Jiangshu Tiansheng Pharmaceutical

Gansu Fanzhi Pharmaceutical