The Global Glycyrrhizic Acid Powder Market was valued at USD 89 million in 2023 and is projected to reach USD 158.20 million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 6.60% during the forecast period (2023–2032). This growth is being driven by rising consumer preference for natural sweeteners and flavor enhancers in the food and beverage sector, expanding applications in pharmaceuticals for anti-inflammatory properties, and increasing demand in cosmetics for skin-soothing benefits, particularly in emerging markets like Asia-Pacific and North America.

As industries pivot toward clean-label and sustainable ingredients, the spotlight is on the key producers of glycyrrhizic acid powder who are driving innovation, purity standards, and versatile applications. In this blog, we profile the Top 10 Companies in the Glycyrrhizic Acid Powder Industry—a mix of phytochemical specialists, biotech firms, and natural extract suppliers shaping the future of this natural glycoside market.

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🔟 1. Gansu Sandi Phytochemical Co., Ltd.

Headquarters: Lanzhou, Gansu Province, China
Key Offering: 25% and 35% Glycyrrhizic Acid Powder for Food Additives and Pharmaceuticals

Gansu Sandi Phytochemical stands as a prominent manufacturer in the natural extracts arena, specializing in licorice-derived compounds. The company supplies high-quality glycyrrhizic acid powder to global food, tobacco, and cosmetic industries, emphasizing standardized extraction processes that maintain the compound’s bioactivity while meeting international purity standards.

Innovation Initiatives:

• Advanced chromatography techniques for higher purity levels

• Certifications in organic and GMP-compliant production

• Research into synergistic formulations for skincare applications

Download FREE Sample Report: Glycyrrhizic Acid Powder Market – View in Detailed Research Report

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9️⃣ 2. Jiangsu Tiansheng Pharmaceutical Co., Ltd.

Headquarters: Nanjing, Jiangsu Province, China
Key Offering: 35% Content Glycyrrhizic Acid Powder for Tobacco and Food Additives

Jiangsu Tiansheng is a key player in pharmaceutical-grade natural ingredients, producing glycyrrhizic acid powder renowned for its sweetening properties and anti-viral attributes. Operating extensive licorice root sourcing networks, the company caters to major tobacco flavoring demands and is expanding into functional foods, ensuring consistent quality through rigorous testing protocols.

Innovation Initiatives:

• Development of low-sugar variants for health-conscious markets

• Partnerships with R&D labs for enhanced bioavailability studies

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8️⃣ 3. Bazhou Weicheng Biological Technology Co., Ltd.

Headquarters: Bazhou, Hebei Province, China
Key Offering: 25% Glycyrrhizic Acid Powder for Cosmetics and Food Applications

Bazhou Weicheng Biological focuses on biotech-derived plant extracts, with glycyrrhizic acid powder as a flagship product used in soothing skincare formulations and natural preservatives. The firm’s commitment to sustainable farming practices supports its role in supplying eco-friendly ingredients to European and North American beauty brands.

Innovation Initiatives:

• Sustainable sourcing from certified licorice farms

• Integration of nanotechnology for improved skin absorption

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7️⃣ 4. Xi’an Lyphar Biotechnology Co., Ltd.

Headquarters: Xi’an, Shaanxi Province, China
Key Offering: High-Purity 35% Glycyrrhizic Acid Powder for Pharmaceutical and Tobacco Uses

Xi’an Lyphar Biotechnology excels in the production of standardized herbal extracts, including glycyrrhizic acid powder that meets USP and EP pharmacopeia standards. Serving both domestic and international markets, the company is pivotal in the pharmaceutical sector for its anti-inflammatory applications and in tobacco for flavor enhancement.

Innovation Initiatives:

• Investment in enzymatic extraction for eco-efficient processing

• Expansion of product lines to include combined licorice derivatives

Download FREE Sample Report: Glycyrrhizic Acid Powder Market – View in Detailed Research Report

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6️⃣ 5. Shaanxi Undersun Biomedtech Co., Ltd.

Headquarters: Xi’an, Shaanxi Province, China
Key Offering: 25% and 35% Content Powders for Food Additives and Nutraceuticals

Shaanxi Undersun Biomedtech is dedicated to natural product development, offering glycyrrhizic acid powder that leverages the compound’s antioxidant properties for nutraceutical supplements and beverage sweetening. With a strong export focus, it supports the clean-label trend in Western markets through transparent supply chains.

Innovation Initiatives:

• Clinical trials validating health benefits in immune support

• Adoption of green chemistry for reduced solvent use

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5️⃣ 6. Hunan Dinuo Pharmaceutical Co., Ltd.

Headquarters: Changsha, Hunan Province, China
Key Offering: Pharmaceutical-Grade 35% Glycyrrhizic Acid Powder

Hunan Dinuo Pharmaceutical specializes in active pharmaceutical ingredients from botanicals, positioning glycyrrhizic acid powder as a core offering for antiviral medications and topical treatments. The company’s state-of-the-art facilities ensure compliance with global regulatory bodies, facilitating growth in the health and wellness sector.

Innovation Initiatives:

• Patented processes for isolating glycyrrhetinic acid components

• Collaborations with cosmetic giants for anti-aging formulations

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4️⃣ 7. Tianjin Jianfeng Natural Products Co., Ltd.

Headquarters: Tianjin, China
Key Offering: 25% Glycyrrhizic Acid Powder for Tobacco and Food Industries

Tianjin Jianfeng Natural Products is a veteran in natural flavor compounds, supplying glycyrrhizic acid powder to the tobacco industry for its masking and sweetening effects. Expanding into functional foods, the firm addresses rising demands for natural alternatives to synthetic additives through innovative blending techniques.

Innovation Initiatives:

• R&D on flavor-stable formulations for processed foods

• Supply chain optimizations for faster global delivery

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3️⃣ 8. Changsha Staherb Natural Ingredients Co., Ltd.

Headquarters: Changsha, Hunan Province, China
Key Offering: Organic 35% Content Glycyrrhizic Acid Powder for Cosmetics

Changsha Staherb Natural Ingredients leads in organic certifications for plant extracts, with glycyrrhizic acid powder gaining traction in clean beauty products for its brightening and soothing qualities. The company’s focus on traceability appeals to premium skincare brands seeking verified natural sources.

Innovation Initiatives:

• Organic farming partnerships to enhance raw material quality

• Development of hypoallergenic variants for sensitive skin

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2️⃣ 9. Xi’an Natural Field Bio-Technique Co., Ltd.

Headquarters: Xi’an, Shaanxi Province, China
Key Offering: 25% and 35% Powders for Pharmaceutical and Food Additives

Xi’an Natural Field Bio-Technique emphasizes biotechnology in extract production, offering glycyrrhizic acid powder optimized for pharmaceutical efficacy and food safety. As a supplier to major nutraceutical firms, it drives market expansion through consistent innovation in purity and yield.

Innovation Initiatives:

• Biotech enhancements for higher extraction yields

• Global certifications including Halal and Kosher

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1️⃣ 10. Beijing Gingko Group (Wuhan) Bio-Engineering Co., Ltd.

Headquarters: Beijing, China
Key Offering: Comprehensive Glycyrrhizic Acid Powder Solutions for Multiple Applications

Beijing Gingko Group, through its bio-engineering arm, dominates with large-scale production of glycyrrhizic acid powder, serving diverse sectors from tobacco flavoring to advanced pharmaceutical therapies. Its integrated operations from sourcing to distribution position it as a market leader in reliability and scalability.

Innovation Initiatives:

• Full-spectrum analysis for batch consistency

• Strategic alliances for new application developments in wellness products

Read Full Report: Glycyrrhizic Acid Powder Market – View in Detailed Research Report

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🌍 Outlook: The Future of Glycyrrhizic Acid Powder Is Natural and Versatile

The glycyrrhizic acid powder market is experiencing steady evolution. Although traditional uses in food and tobacco persist, the sector is channeling significant resources into expanded applications, advanced purification methods, and sustainable sourcing to align with global health and environmental standards.

📈 Key Trends Shaping the Market:

• Growing adoption in cosmetics and personal care in Asia-Pacific and Europe

• Regulatory endorsements for natural anti-inflammatory agents in pharmaceuticals

• Shift toward organic and non-GMO certified products

• Collaborations between producers and end-users for customized formulations

Market Trends Affecting the Glycyrrhizic Acid Powder Market

• Rising Demand for Clean-Label Ingredients — Consumers increasingly seek natural alternatives to artificial sweeteners, prompting manufacturers to highlight glycyrrhizic acid’s plant-based origins. This trend simplifies product labeling but demands rigorous testing for authenticity and safety in supply chains.

• Expansion into Pharmaceuticals and Nutraceuticals — With proven anti-viral and antioxidant benefits, companies are investing in clinical validations to meet stricter health regulations. For instance, advancements in bioavailability enhancement are mirroring successes in herbal medicine integrations.

• Sustainable Sourcing and Ethical Farming — Overharvesting concerns for licorice roots are driving initiatives toward regenerative agriculture and traceability technologies. Leading firms like those in China are adopting blockchain for transparent procurement.

• Customization for Skincare Applications — The beauty industry favors multi-functional ingredients, leading to micro-encapsulated forms that improve stability in formulations. This is particularly evident in K-beauty trends emphasizing natural brighteners.

• Digital Supply Chain Integration — IoT and AI tools are optimizing extraction and distribution, reducing waste and ensuring real-time quality control for global exporters in competitive markets.

Read Full Report: Glycyrrhizic Acid Powder Market – View in Detailed Research Report
 

The companies listed above are not only supplying essential natural compounds—they’re spearheading the health and sustainability revolution in ingredient innovation.

To delve deeper into the market dynamics, including detailed SWOT analyses, value chain breakdowns, and forecasts by segment, the comprehensive report offers invaluable insights. For instance, the food additives segment holds the largest share due to the compound’s 50-100 times sweeter taste than sugar, making it ideal for low-calorie products. Meanwhile, the tobacco additives application benefits from its ability to reduce bitterness, supporting a niche but stable demand.

In North America, valued at USD 25.89 million in 2023 with a CAGR of 5.66% through 2032, growth is fueled by stringent FDA regulations favoring natural preservatives and the booming organic cosmetics market. Europe follows suit, driven by EU clean beauty mandates, while Asia-Pacific dominates production with over 70% global capacity, thanks to abundant licorice resources in China and Mongolia.

Challenges such as potential side effects from high consumption—like elevated blood pressure—necessitate balanced usage guidelines, which top players address through dosage recommendations and hybrid formulations. Opportunities abound in emerging applications, such as antiviral supplements post-pandemic, where glycyrrhizic acid’s properties shine.

Porter’s Five Forces analysis reveals moderate supplier power due to concentrated production in China, but high buyer power in fragmented end-markets like food and cosmetics. The value chain—from licorice cultivation and extraction to formulation and distribution—emphasizes quality control at each stage to preserve bioactivity.

Looking ahead, the 25% content powder remains popular for cost-effective food uses, while 35% variants command premiums in pharma for higher potency. Geographic expansion into South America and MEA, where natural product awareness is rising, promises untapped potential.

Investors and strategists should note the report’s projections: Asia-Pacific will continue leading with a CAGR exceeding 7%, propelled by domestic consumption and exports. Key drivers include health trends, while restraints involve raw material volatility due to climate impacts on licorice yields.

For those entering the market, understanding competitive patterns—such as mergers among Chinese firms for scale—is crucial. The profiled companies exemplify resilience, with recent developments like new plant inaugurations and patent filings underscoring their forward momentum.

In summary, glycyrrhizic acid powder’s versatility positions it as a cornerstone of natural innovation, blending tradition with modern science to meet evolving consumer needs.