Monoammonium Glycyrrhizinate (CAS 53956-04-0) is the pure derivative from glycyrrhetinic acid, which is a natural material extracted from the licorice root (Glycyrrhiza glabra). MAG is known to be a natural sweetener, and considered to be a functional ingredient used to enhance a product's sweetness. It is commonly used in the food, pharmaceutical and nutraceutical industries.

The global Monoammonium Glycyrrhizinate market size is projected to grow from US$ 77.6 million in 2024 to US$ 121 million in 2030; it is expected to grow at a CAGR of 7.7% from 2024 to 2030.

Key Features:

• Detailed analysis of global Monoammonium Glycyrrhizinate landscape.
• Recurring trends related to product segmentation and company formation.
• Comprehensive evaluation of global market positions and geographic footprints.

Segmentation by Type:

• Pharmaceutical Grade
• Food Grade
• Others

Segmentation by Application:

• Food & Beverages
• Nutraceuticals
• Pharmaceuticals
• Cosmetics
• Others

Market by Region:

• Americas: United States, Canada, Mexico, Brazil
• APAC: China, Japan, Korea, Southeast Asia, India, Australia
• Europe: Germany, France, UK, Italy, Russia
• Middle East & Africa: Egypt, South Africa, Israel, Turkey, GCC Countries

Company Coverage:

• VITAL-CHEM Zhuhai
• Sabinsa
• Alchem International
• Shaanxi Fujie Pharmaceutical
• MAFCO Worldwide
• Alps Pharmaceutical
• BGG World
• Qingdao Taitong Pharmaceutical
• Cokey
• Jiangsu Tiansheng Pharmaceutical
• Shaanxi Jintai Biological Engineering
• Qinghai Lake Pharmaceutical

Key Questions Addressed in this Report:

1. What is the 10-year outlook for the global Monoammonium Glycyrrhizinate market?
2. What factors are driving Monoammonium Glycyrrhizinate market growth, globally and by region?
3. Which technologies are poised for the fastest growth by market and region?
4. How do Monoammonium Glycyrrhizinate market opportunities vary by end market size?
5. How does Monoammonium Glycyrrhizinate break out by Type, by Application?