Report Overview
Glabridin is a natural compound extracted from licorice root, widely recognized for its potent skinlightening and anti-inflammatory properties. It is extensively used in the cosmetic and pharmaceutical industries, primarily in skin care formulations such as creams, lotions, sunscreens, and face masks. Due to its strong antioxidant and melanininhibiting capabilities, Glabridin is gaining traction as a critical ingredient in skin-brightening and anti-aging products.
Market Analysis
The global Glabridin Market was valued at US$ 37.74 million in 2024 and is expected to reach US$ 59.43 million by 2031, growing at a CAGR of 6.84% during the forecast period from 2025 to 2031.
North America: The market is projected to grow from $5.96 million in 2024 to $9.20 million by 2031, at a CAGR of 6.35%.
Asia-Pacific: The largest regional market, forecasted to increase from $21.09 million in 2024 to $33.86 million by 2031, at a CAGR of 7.17%.
Regional Analysis
North America
Europe
Asia-Pacific
South America
Middle East & Africa
Competitor Analysis
Sabinsa Mafco
Maruzen Pharmaceuticals
Hyundai Bioland
Shanghai OLI
Market Segmentation
By Application:
Creams and Lotions
Masks
Sunscreen Products
Others
By Type:
