MARKET OVERVIEW:
Liquiritin is a key flavonoid compound extracted from licorice root (Glycyrrhiza glabra), known for its therapeutic and flavor-enhancing properties. As a bioactive component, it plays significant roles in pharmaceutical formulations, food additives, and cosmetic applications due to its antiinflammatory, antioxidant, and skin-brightening characteristics.
MARKET INSIGHT & GROWTH DRIVERS:
The market growth is primarily driven by expanding applications in nutraceuticals and traditional medicine, particularly across Asia-Pacific markets. However, supply chain constraints for licorice root and regulatory challenges in certain regions present obstacles.
MARKET SEGMENTATION:
MARKET DYNAMICS
Growing Demand for Natural Ingredients in Pharmaceutical Applications to Drive Liquiritin Market
The global liquiritin market is witnessing significant growth due to increasing demand for natural bioactive compounds in pharmaceutical formulations. As a flavonoid glycoside derived from licorice root, liquiritin has gained attention for its antiinflammatory, antioxidant, and hepatoprotective properties. The pharmaceutical industry accounted for 42% of total liquiritin consumption in 2024, with projections indicating this share will grow to 48% by 2032. This surge is directly tied to the compound's ability to modulate cellular pathways, making it valuable in treating chronic inflammatory conditions and metabolic disorders.
MARKET OPPORTUNITIES
Cosmetic industry represents a major growth frontier for liquiritin applications, particularly in skin brightening and anti-aging formulations. Recent clinical studies have demonstrated liquiritin's ability to inhibit melanin synthesis more effectively than standard skin-lightening agents, with 35-40% greater efficacy reported in controlled trials. Leading cosmetic brands are increasingly formulating liquiritin into serums and creams, with the global market for botanicalbased skin care expected to exceed $15 billion by 2032. This presents substantial opportunities for specialized suppliers and manufacturers
COMPANY MISSION
A notable market trend is the rising application of liquiritin in the cosmetic industry, where it is valued for its skin-brightening and anti-aging properties. As consumers increasingly seek natural and effective cosmetic ingredients, liquiritin is being incorporated into creams, serums, and lotions. This demand is particularly strong in the Asia-Pacific region, which is a major hub for cosmetic manufacturing and consumption, contributing to the market's expansion beyond traditional pharmaceutical uses.
REGIONAL MARKET OUTLOOK
North America
North American market for Liquiritin is driven by growing consumer preference for natural and plant-based ingredients in dietary supplements, functional foods, and personal care products. The United States is the largest market in the region, with a well-developed nutraceutical and cosmetic sector creating significant demand. Market growth is supported by increasing health consciousness and a trend towards clean-label products.
Europe
Europe represents a mature and well-established market for Liquiritin, characterized by stringent regulatory frameworks and high consumer awareness of natural ingredients. The demand is primarily driven by the region's sophisticated pharmaceutical and cosmetic industries, which utilize Liquiritin for its anti-inflammatory and skin-brightening
COMPETITIVE LANDSCAPE
• ASEH (Iran)
• Zelang (China)
• Aushadhi Herbal (India)
• Avestia Pharma (India)
These companies represent some of the major key players driving innovation and growth in the market, contributing significantly to global supply and competitive dynamics.
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