The global market for Monoammonium Glycyrrhizinate (MAG) was valued at US$ 79.4 million in the year 2024 and is projected to reach a revised size of US$ 133 million by 2031, growing at a CAGR of 7.4% during the forecast period.

Monoammonium Glycyrrhizinate (MAG) Market

The 2025 U.S. tariff policies introduce profound uncertainty into the global economic landscape. This report critically examines the implications of recent tariff adjustments and international strategic countermeasures on Monoammonium Glycyrrhizinate (MAG) competitive dynamics, regional economic interdependencies, and supply chain reconfigurations.

Monoammonium Glycyrrhizinate (MAG) is a bioactive compound derived from the root of the licorice plant, Glycyrrhiza glabra. It is a white crystalline powder with a special sweet taste and practically no odor. MAG is known for its range of therapeutic properties, including anti-inflammatory, antiviral, and hepatoprotective effects. It is commonly utilized in pharmaceutical and nutraceutical formulations.

In the pharmaceutical industry, MAG is employed for its hepatoprotective properties, making it useful in the treatment of chronic persistent hepatitis, chronic active hepatitis, liver poisoning, and early liver cirrhosis. It is also used topically for allergic or infectious skin inflammation and orally for its aldosterone effects in electrolyte regulation.

Beyond pharmaceuticals, MAG finds applications in the cosmetics industry due to its anti-inflammatory and skin-soothing properties. It is incorporated into skincare products aimed at reducing redness, irritation, and inflammation. In the food industry, MAG serves as a flavoring agent and sweetener, leveraging its high sweetness and low caloric content.

Regionally, Asia-Pacific holds a significant share of the MAG market, with countries like China and India being major producers and consumers. The presence of key manufacturers and the traditional use of licorice in these regions contribute to this dominance. North America and Europe also represent substantial markets, driven by the pharmaceutical and cosmetic industries' demand for natural compounds.

Monoammonium Glycyrrhizinate is a versatile compound with significant applications across multiple industries. Its natural origin and therapeutic properties make it a valuable ingredient in pharmaceuticals, cosmetics, and food products. The global market is poised for continued growth, driven by increasing consumer demand for natural and effective ingredients

The core manufacturers of Monoammonium Glycyrrhizinate in the world include Jiangsu Tiansheng Pharmaceutical, Alps Pharmaceutical and Shaanxi Fujie Pharmaceutical. The top three companies have a market share of about 46 percent. China is the largest Monoammonium Glycyrrhizinate market in the world with a market share of about 74%, followed by Japan and North America with a market share of 15% and 4%, respectively. In terms of product type, Pharmaceutical Grade is the largest segment with approximately 49% market share.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Monoammonium Glycyrrhizinate (MAG), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Monoammonium Glycyrrhizinate (MAG).

The Monoammonium Glycyrrhizinate (MAG) market size, estimations, and forecasts are provided in terms of output/shipments (Kiloton) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Monoammonium Glycyrrhizinate (MAG) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Monoammonium Glycyrrhizinate (MAG) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Scope of Monoammonium Glycyrrhizinate (MAG) Market Report

Report Metric	Details
Report Name	Monoammonium Glycyrrhizinate (MAG) Market
Accounted market size in year	US$ 79.4 million
Forecasted market size in 2031	US$ 133 million
CAGR	7.4%
Base Year	year
Forecasted years	2025 - 2031
Segment by Type	Pharmaceutical Grade Food Grade Others
Segment by Application	Food & Beverages Nutraceuticals Pharmaceuticals Cosmetics Other
Production by Region	North America Europe China Japan
Consumption by Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Asia-Pacific (China, Japan, South Korea, Taiwan) Southeast Asia (India) Latin America (Mexico, Brazil)
By Company	VITAL-CHEM Zhuhai, Sabinsa, Shaanxi Fujie Pharmaceutical, Alchem International, MAFCO Worldwide, Alps Pharmaceutical, BGG World, Qingdao Taitong Pharmaceutical, Cokey, Jiangsu Tiansheng Pharmaceutical, Shaanxi Jintai Biological Engineering, Qinghai Lake Pharmaceutical
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Monoammonium Glycyrrhizinate (MAG) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Monoammonium Glycyrrhizinate (MAG) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Monoammonium Glycyrrhizinate (MAG) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.

FAQ for this report

How fast is Monoammonium Glycyrrhizinate (MAG) Market growing?

Ans: The Monoammonium Glycyrrhizinate (MAG) Market witnessing a CAGR of 7.4% during the forecast period 2025-2031.

What is the Monoammonium Glycyrrhizinate (MAG) Market size in 2031?

Ans: The Monoammonium Glycyrrhizinate (MAG) Market size in 2031 will be US$ 133 million.

What is the Monoammonium Glycyrrhizinate (MAG) Market share by region?

Ans: China is the largest Monoammonium Glycyrrhizinate market in the world with a market share of about 74%, followed by Japan and North America with a market share of 15% and 4%, respectively.

What is the Monoammonium Glycyrrhizinate (MAG) Market share by type?

Ans: In terms of product type, Pharmaceutical Grade is the largest segment with approximately 49% market share.

Who are the main players in the Monoammonium Glycyrrhizinate (MAG) Market report?

Ans: The main players in the Monoammonium Glycyrrhizinate (MAG) Market are VITAL-CHEM Zhuhai, Sabinsa, Shaanxi Fujie Pharmaceutical, Alchem International, MAFCO Worldwide, Alps Pharmaceutical, BGG World, Qingdao Taitong Pharmaceutical, Cokey, Jiangsu Tiansheng Pharmaceutical, Shaanxi Jintai Biological Engineering, Qinghai Lake Pharmaceutical

What are the Application segmentation covered in the Monoammonium Glycyrrhizinate (MAG) Market report?

Ans: The Applications covered in the Monoammonium Glycyrrhizinate (MAG) Market report are Food & Beverages, Nutraceuticals, Pharmaceuticals, Cosmetics, Other

What are the Type segmentation covered in the Monoammonium Glycyrrhizinate (MAG) Market report?

Ans: The Types covered in the Monoammonium Glycyrrhizinate (MAG) Market report are Pharmaceutical Grade, Food Grade, Others

1 Monoammonium Glycyrrhizinate (MAG) Market Overview

1.1 Product Definition

1.2 Monoammonium Glycyrrhizinate (MAG) by Type

1.2.1 Global Monoammonium Glycyrrhizinate (MAG) Market Value Growth Rate Analysis by Type: 2024 VS 2031

1.2.2 Pharmaceutical Grade

1.2.3 Food Grade

1.2.4 Others

1.3 Monoammonium Glycyrrhizinate (MAG) by Application

1.3.1 Global Monoammonium Glycyrrhizinate (MAG) Market Value Growth Rate Analysis by Application: 2024 VS 2031

1.3.2 Food & Beverages

1.3.3 Nutraceuticals

1.3.4 Pharmaceuticals

1.3.5 Cosmetics

1.3.6 Other

1.4 Global Market Growth Prospects

1.4.1 Global Monoammonium Glycyrrhizinate (MAG) Production Value Estimates and Forecasts (2020-2031)

1.4.2 Global Monoammonium Glycyrrhizinate (MAG) Production Capacity Estimates and Forecasts (2020-2031)

1.4.3 Global Monoammonium Glycyrrhizinate (MAG) Production Estimates and Forecasts (2020-2031)

1.4.4 Global Monoammonium Glycyrrhizinate (MAG) Market Average Price Estimates and Forecasts (2020-2031)

1.5 Assumptions and Limitations

2 Market Competition by Manufacturers

2.1 Global Monoammonium Glycyrrhizinate (MAG) Production Market Share by Manufacturers (2020-2025)

2.2 Global Monoammonium Glycyrrhizinate (MAG) Production Value Market Share by Manufacturers (2020-2025)

2.3 Global Key Players of Monoammonium Glycyrrhizinate (MAG), Industry Ranking, 2023 VS 2024

2.4 Global Monoammonium Glycyrrhizinate (MAG) Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

2.5 Global Monoammonium Glycyrrhizinate (MAG) Average Price by Manufacturers (2020-2025)

2.6 Global Key Manufacturers of Monoammonium Glycyrrhizinate (MAG), Manufacturing Base Distribution and Headquarters

2.7 Global Key Manufacturers of Monoammonium Glycyrrhizinate (MAG), Product Offered and Application

2.8 Global Key Manufacturers of Monoammonium Glycyrrhizinate (MAG), Date of Enter into This Industry

2.9 Monoammonium Glycyrrhizinate (MAG) Market Competitive Situation and Trends

2.9.1 Monoammonium Glycyrrhizinate (MAG) Market Concentration Rate

2.9.2 Global 5 and 10 Largest Monoammonium Glycyrrhizinate (MAG) Players Market Share by Revenue

2.10 Mergers & Acquisitions, Expansion

3 Monoammonium Glycyrrhizinate (MAG) Production by Region

3.1 Global Monoammonium Glycyrrhizinate (MAG) Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

3.2 Global Monoammonium Glycyrrhizinate (MAG) Production Value by Region (2020-2031)

3.2.1 Global Monoammonium Glycyrrhizinate (MAG) Production Value by Region (2020-2025)

3.2.2 Global Forecasted Production Value of Monoammonium Glycyrrhizinate (MAG) by Region (2026-2031)

3.3 Global Monoammonium Glycyrrhizinate (MAG) Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

3.4 Global Monoammonium Glycyrrhizinate (MAG) Production Volume by Region (2020-2031)

3.4.1 Global Monoammonium Glycyrrhizinate (MAG) Production by Region (2020-2025)

3.4.2 Global Forecasted Production of Monoammonium Glycyrrhizinate (MAG) by Region (2026-2031)

3.5 Global Monoammonium Glycyrrhizinate (MAG) Market Price Analysis by Region (2020-2025)

3.6 Global Monoammonium Glycyrrhizinate (MAG) Production and Value, Year-over-Year Growth

3.6.1 North America Monoammonium Glycyrrhizinate (MAG) Production Value Estimates and Forecasts (2020-2031)

3.6.2 Europe Monoammonium Glycyrrhizinate (MAG) Production Value Estimates and Forecasts (2020-2031)

3.6.3 China Monoammonium Glycyrrhizinate (MAG) Production Value Estimates and Forecasts (2020-2031)

3.6.4 Japan Monoammonium Glycyrrhizinate (MAG) Production Value Estimates and Forecasts (2020-2031)

4 Monoammonium Glycyrrhizinate (MAG) Consumption by Region

4.1 Global Monoammonium Glycyrrhizinate (MAG) Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

4.2 Global Monoammonium Glycyrrhizinate (MAG) Consumption by Region (2020-2031)

4.2.1 Global Monoammonium Glycyrrhizinate (MAG) Consumption by Region (2020-2025)

4.2.2 Global Monoammonium Glycyrrhizinate (MAG) Forecasted Consumption by Region (2026-2031)

4.3 North America

4.3.1 North America Monoammonium Glycyrrhizinate (MAG) Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.3.2 North America Monoammonium Glycyrrhizinate (MAG) Consumption by Country (2020-2031)

4.3.3 U.S.

4.3.4 Canada

4.4 Europe

4.4.1 Europe Monoammonium Glycyrrhizinate (MAG) Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.4.2 Europe Monoammonium Glycyrrhizinate (MAG) Consumption by Country (2020-2031)

4.4.3 Germany

4.4.4 France

4.4.5 U.K.

4.4.6 Italy

4.4.7 Russia

4.5 Asia Pacific

4.5.1 Asia Pacific Monoammonium Glycyrrhizinate (MAG) Consumption Growth Rate by Region: 2020 VS 2024 VS 2031

4.5.2 Asia Pacific Monoammonium Glycyrrhizinate (MAG) Consumption by Region (2020-2031)

4.5.3 China

4.5.4 Japan

4.5.5 South Korea

4.5.6 China Taiwan

4.5.7 Southeast Asia

4.5.8 India

4.6 Latin America, Middle East & Africa

4.6.1 Latin America, Middle East & Africa Monoammonium Glycyrrhizinate (MAG) Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.6.2 Latin America, Middle East & Africa Monoammonium Glycyrrhizinate (MAG) Consumption by Country (2020-2031)

4.6.3 Mexico

4.6.4 Brazil

4.6.5 Turkey

4.6.6 GCC Countries

5 Segment by Type

5.1 Global Monoammonium Glycyrrhizinate (MAG) Production by Type (2020-2031)

5.1.1 Global Monoammonium Glycyrrhizinate (MAG) Production by Type (2020-2025)

5.1.2 Global Monoammonium Glycyrrhizinate (MAG) Production by Type (2026-2031)

5.1.3 Global Monoammonium Glycyrrhizinate (MAG) Production Market Share by Type (2020-2031)

5.2 Global Monoammonium Glycyrrhizinate (MAG) Production Value by Type (2020-2031)

5.2.1 Global Monoammonium Glycyrrhizinate (MAG) Production Value by Type (2020-2025)

5.2.2 Global Monoammonium Glycyrrhizinate (MAG) Production Value by Type (2026-2031)

5.2.3 Global Monoammonium Glycyrrhizinate (MAG) Production Value Market Share by Type (2020-2031)

5.3 Global Monoammonium Glycyrrhizinate (MAG) Price by Type (2020-2031)

6 Segment by Application

6.1 Global Monoammonium Glycyrrhizinate (MAG) Production by Application (2020-2031)

6.1.1 Global Monoammonium Glycyrrhizinate (MAG) Production by Application (2020-2025)

6.1.2 Global Monoammonium Glycyrrhizinate (MAG) Production by Application (2026-2031)

6.1.3 Global Monoammonium Glycyrrhizinate (MAG) Production Market Share by Application (2020-2031)

6.2 Global Monoammonium Glycyrrhizinate (MAG) Production Value by Application (2020-2031)

6.2.1 Global Monoammonium Glycyrrhizinate (MAG) Production Value by Application (2020-2025)

6.2.2 Global Monoammonium Glycyrrhizinate (MAG) Production Value by Application (2026-2031)

6.2.3 Global Monoammonium Glycyrrhizinate (MAG) Production Value Market Share by Application (2020-2031)

6.3 Global Monoammonium Glycyrrhizinate (MAG) Price by Application (2020-2031)

7 Key Companies Profiled

7.1 VITAL-CHEM Zhuhai

7.1.1 VITAL-CHEM Zhuhai Monoammonium Glycyrrhizinate (MAG) Company Information

7.1.2 VITAL-CHEM Zhuhai Monoammonium Glycyrrhizinate (MAG) Product Portfolio

7.1.3 VITAL-CHEM Zhuhai Monoammonium Glycyrrhizinate (MAG) Production, Value, Price and Gross Margin (2020-2025)

7.1.4 VITAL-CHEM Zhuhai Main Business and Markets Served

7.1.5 VITAL-CHEM Zhuhai Recent Developments/Updates

7.2 Sabinsa

7.2.1 Sabinsa Monoammonium Glycyrrhizinate (MAG) Company Information

7.2.2 Sabinsa Monoammonium Glycyrrhizinate (MAG) Product Portfolio

7.2.3 Sabinsa Monoammonium Glycyrrhizinate (MAG) Production, Value, Price and Gross Margin (2020-2025)

7.2.4 Sabinsa Main Business and Markets Served

7.2.5 Sabinsa Recent Developments/Updates

7.3 Shaanxi Fujie Pharmaceutical

7.3.1 Shaanxi Fujie Pharmaceutical Monoammonium Glycyrrhizinate (MAG) Company Information

7.3.2 Shaanxi Fujie Pharmaceutical Monoammonium Glycyrrhizinate (MAG) Product Portfolio

7.3.3 Shaanxi Fujie Pharmaceutical Monoammonium Glycyrrhizinate (MAG) Production, Value, Price and Gross Margin (2020-2025)

7.3.4 Shaanxi Fujie Pharmaceutical Main Business and Markets Served

7.3.5 Shaanxi Fujie Pharmaceutical Recent Developments/Updates

7.4 Alchem International

7.4.1 Alchem International Monoammonium Glycyrrhizinate (MAG) Company Information

7.4.2 Alchem International Monoammonium Glycyrrhizinate (MAG) Product Portfolio

7.4.3 Alchem International Monoammonium Glycyrrhizinate (MAG) Production, Value, Price and Gross Margin (2020-2025)

7.4.4 Alchem International Main Business and Markets Served

7.4.5 Alchem International Recent Developments/Updates

7.5 MAFCO Worldwide

7.5.1 MAFCO Worldwide Monoammonium Glycyrrhizinate (MAG) Company Information

7.5.2 MAFCO Worldwide Monoammonium Glycyrrhizinate (MAG) Product Portfolio

7.5.3 MAFCO Worldwide Monoammonium Glycyrrhizinate (MAG) Production, Value, Price and Gross Margin (2020-2025)

7.5.4 MAFCO Worldwide Main Business and Markets Served

7.5.5 MAFCO Worldwide Recent Developments/Updates

7.6 Alps Pharmaceutical

7.6.1 Alps Pharmaceutical Monoammonium Glycyrrhizinate (MAG) Company Information

7.6.2 Alps Pharmaceutical Monoammonium Glycyrrhizinate (MAG) Product Portfolio

7.6.3 Alps Pharmaceutical Monoammonium Glycyrrhizinate (MAG) Production, Value, Price and Gross Margin (2020-2025)

7.6.4 Alps Pharmaceutical Main Business and Markets Served

7.6.5 Alps Pharmaceutical Recent Developments/Updates

7.7 BGG World

7.7.1 BGG World Monoammonium Glycyrrhizinate (MAG) Company Information

7.7.2 BGG World Monoammonium Glycyrrhizinate (MAG) Product Portfolio

7.7.3 BGG World Monoammonium Glycyrrhizinate (MAG) Production, Value, Price and Gross Margin (2020-2025)

7.7.4 BGG World Main Business and Markets Served

7.7.5 BGG World Recent Developments/Updates

7.8 Qingdao Taitong Pharmaceutical

7.8.1 Qingdao Taitong Pharmaceutical Monoammonium Glycyrrhizinate (MAG) Company Information

7.8.2 Qingdao Taitong Pharmaceutical Monoammonium Glycyrrhizinate (MAG) Product Portfolio

7.8.3 Qingdao Taitong Pharmaceutical Monoammonium Glycyrrhizinate (MAG) Production, Value, Price and Gross Margin (2020-2025)

7.8.4 Qingdao Taitong Pharmaceutical Main Business and Markets Served

7.8.5 Qingdao Taitong Pharmaceutical Recent Developments/Updates

7.9 Cokey

7.9.1 Cokey Monoammonium Glycyrrhizinate (MAG) Company Information

7.9.2 Cokey Monoammonium Glycyrrhizinate (MAG) Product Portfolio

7.9.3 Cokey Monoammonium Glycyrrhizinate (MAG) Production, Value, Price and Gross Margin (2020-2025)

7.9.4 Cokey Main Business and Markets Served

7.9.5 Cokey Recent Developments/Updates

7.10 Jiangsu Tiansheng Pharmaceutical

7.10.1 Jiangsu Tiansheng Pharmaceutical Monoammonium Glycyrrhizinate (MAG) Company Information

7.10.2 Jiangsu Tiansheng Pharmaceutical Monoammonium Glycyrrhizinate (MAG) Product Portfolio

7.10.3 Jiangsu Tiansheng Pharmaceutical Monoammonium Glycyrrhizinate (MAG) Production, Value, Price and Gross Margin (2020-2025)

7.10.4 Jiangsu Tiansheng Pharmaceutical Main Business and Markets Served

7.10.5 Jiangsu Tiansheng Pharmaceutical Recent Developments/Updates

7.11 Shaanxi Jintai Biological Engineering

7.11.1 Shaanxi Jintai Biological Engineering Monoammonium Glycyrrhizinate (MAG) Company Information

7.11.2 Shaanxi Jintai Biological Engineering Monoammonium Glycyrrhizinate (MAG) Product Portfolio

7.11.3 Shaanxi Jintai Biological Engineering Monoammonium Glycyrrhizinate (MAG) Production, Value, Price and Gross Margin (2020-2025)

7.11.4 Shaanxi Jintai Biological Engineering Main Business and Markets Served

7.11.5 Shaanxi Jintai Biological Engineering Recent Developments/Updates

7.12 Qinghai Lake Pharmaceutical

7.12.1 Qinghai Lake Pharmaceutical Monoammonium Glycyrrhizinate (MAG) Company Information

7.12.2 Qinghai Lake Pharmaceutical Monoammonium Glycyrrhizinate (MAG) Product Portfolio

7.12.3 Qinghai Lake Pharmaceutical Monoammonium Glycyrrhizinate (MAG) Production, Value, Price and Gross Margin (2020-2025)

7.12.4 Qinghai Lake Pharmaceutical Main Business and Markets Served

7.12.5 Qinghai Lake Pharmaceutical Recent Developments/Updates

8 Industry Chain and Sales Channels Analysis

8.1 Monoammonium Glycyrrhizinate (MAG) Industry Chain Analysis

8.2 Monoammonium Glycyrrhizinate (MAG) Raw Material Supply Analysis

8.2.1 Key Raw Materials

8.2.2 Raw Materials Key Suppliers

8.3 Monoammonium Glycyrrhizinate (MAG) Production Mode & Process Analysis

8.4 Monoammonium Glycyrrhizinate (MAG) Sales and Marketing

8.4.1 Monoammonium Glycyrrhizinate (MAG) Sales Channels

8.4.2 Monoammonium Glycyrrhizinate (MAG) Distributors

8.5 Monoammonium Glycyrrhizinate (MAG) Customer Analysis

9 Monoammonium Glycyrrhizinate (MAG) Market Dynamics

9.1 Monoammonium Glycyrrhizinate (MAG) Industry Trends

9.2 Monoammonium Glycyrrhizinate (MAG) Market Drivers

9.3 Monoammonium Glycyrrhizinate (MAG) Market Challenges

9.4 Monoammonium Glycyrrhizinate (MAG) Market Restraints

10 Research Findings and Conclusion

11 Methodology and Data Source

11.1 Methodology/Research Approach

11.1.1 Research Programs/Design

11.1.2 Market Size Estimation

11.1.3 Market Breakdown and Data Triangulation

11.2 Data Source

11.2.1 Secondary Sources

11.2.2 Primary Sources

11.3 Author List

11.4 Disclaimer

FEATURED COMPANIES

Sabinsa

Shaanxi Fujie Pharmaceutical

MAFCO Worldwide

Qingdao Taitong Pharmaceutical

Jiangsu Tiansheng Pharmaceutical

Shaanxi Jintai Biological Engineering

Qinghai Lake Pharmaceutical

List of Tables

Table 1. Global Monoammonium Glycyrrhizinate (MAG) Market Value by Type, (US$ Million) & (2024 VS 2031)

Table 2. Global Monoammonium Glycyrrhizinate (MAG) Market Value by Application, (US$ Million) & (2024 VS 2031)

Table 3. Global Monoammonium Glycyrrhizinate (MAG) Production Capacity (Kiloton) by Manufacturers in 2024

Table 4. Global Monoammonium Glycyrrhizinate (MAG) Production by Manufacturers (2020-2025) & (Kiloton)

Table 5. Global Monoammonium Glycyrrhizinate (MAG) Production Market Share by Manufacturers (2020-2025)

Table 6. Global Monoammonium Glycyrrhizinate (MAG) Production Value by Manufacturers (2020-2025) & (US$ Million)

Table 7. Global Monoammonium Glycyrrhizinate (MAG) Production Value Share by Manufacturers (2020-2025)

Table 8. Global Key Players of Monoammonium Glycyrrhizinate (MAG), Industry Ranking, 2023 VS 2024

Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Monoammonium Glycyrrhizinate (MAG) as of 2024)

Table 10. Global Market Monoammonium Glycyrrhizinate (MAG) Average Price by Manufacturers (US$/kg) & (2020-2025)

Table 11. Global Key Manufacturers of Monoammonium Glycyrrhizinate (MAG), Manufacturing Base Distribution and Headquarters

Table 12. Global Key Manufacturers of Monoammonium Glycyrrhizinate (MAG), Product Offered and Application

Table 13. Global Key Manufacturers of Monoammonium Glycyrrhizinate (MAG), Date of Enter into This Industry

Table 14. Global Monoammonium Glycyrrhizinate (MAG) Manufacturers Market Concentration Ratio (CR5 and HHI)

Table 15. Mergers & Acquisitions, Expansion Plans

Table 16. Global Monoammonium Glycyrrhizinate (MAG) Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)

Table 17. Global Monoammonium Glycyrrhizinate (MAG) Production Value (US$ Million) by Region (2020-2025)

Table 18. Global Monoammonium Glycyrrhizinate (MAG) Production Value Market Share by Region (2020-2025)

Table 19. Global Monoammonium Glycyrrhizinate (MAG) Production Value (US$ Million) Forecast by Region (2026-2031)

Table 20. Global Monoammonium Glycyrrhizinate (MAG) Production Value Market Share Forecast by Region (2026-2031)

Table 21. Global Monoammonium Glycyrrhizinate (MAG) Production Comparison by Region: 2020 VS 2024 VS 2031 (Kiloton)

Table 22. Global Monoammonium Glycyrrhizinate (MAG) Production (Kiloton) by Region (2020-2025)

Table 23. Global Monoammonium Glycyrrhizinate (MAG) Production Market Share by Region (2020-2025)

Table 24. Global Monoammonium Glycyrrhizinate (MAG) Production (Kiloton) Forecast by Region (2026-2031)

Table 25. Global Monoammonium Glycyrrhizinate (MAG) Production Market Share Forecast by Region (2026-2031)

Table 26. Global Monoammonium Glycyrrhizinate (MAG) Market Average Price (US$/kg) by Region (2020-2025)

Table 27. Global Monoammonium Glycyrrhizinate (MAG) Market Average Price (US$/kg) by Region (2026-2031)

Table 28. Global Monoammonium Glycyrrhizinate (MAG) Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (Kiloton)

Table 29. Global Monoammonium Glycyrrhizinate (MAG) Consumption by Region (2020-2025) & (Kiloton)

Table 30. Global Monoammonium Glycyrrhizinate (MAG) Consumption Market Share by Region (2020-2025)

Table 31. Global Monoammonium Glycyrrhizinate (MAG) Forecasted Consumption by Region (2026-2031) & (Kiloton)

Table 32. Global Monoammonium Glycyrrhizinate (MAG) Forecasted Consumption Market Share by Region (2026-2031)

Table 33. North America Monoammonium Glycyrrhizinate (MAG) Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Kiloton)

Table 34. North America Monoammonium Glycyrrhizinate (MAG) Consumption by Country (2020-2025) & (Kiloton)

Table 35. North America Monoammonium Glycyrrhizinate (MAG) Consumption by Country (2026-2031) & (Kiloton)

Table 36. Europe Monoammonium Glycyrrhizinate (MAG) Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Kiloton)

Table 37. Europe Monoammonium Glycyrrhizinate (MAG) Consumption by Country (2020-2025) & (Kiloton)

Table 38. Europe Monoammonium Glycyrrhizinate (MAG) Consumption by Country (2026-2031) & (Kiloton)

Table 39. Asia Pacific Monoammonium Glycyrrhizinate (MAG) Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (Kiloton)

Table 40. Asia Pacific Monoammonium Glycyrrhizinate (MAG) Consumption by Region (2020-2025) & (Kiloton)

Table 41. Asia Pacific Monoammonium Glycyrrhizinate (MAG) Consumption by Region (2026-2031) & (Kiloton)

Table 42. Latin America, Middle East & Africa Monoammonium Glycyrrhizinate (MAG) Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Kiloton)

Table 43. Latin America, Middle East & Africa Monoammonium Glycyrrhizinate (MAG) Consumption by Country (2020-2025) & (Kiloton)

Table 44. Latin America, Middle East & Africa Monoammonium Glycyrrhizinate (MAG) Consumption by Country (2026-2031) & (Kiloton)

Table 45. Global Monoammonium Glycyrrhizinate (MAG) Production (Kiloton) by Type (2020-2025)

Table 46. Global Monoammonium Glycyrrhizinate (MAG) Production (Kiloton) by Type (2026-2031)

Table 47. Global Monoammonium Glycyrrhizinate (MAG) Production Market Share by Type (2020-2025)

Table 48. Global Monoammonium Glycyrrhizinate (MAG) Production Market Share by Type (2026-2031)

Table 49. Global Monoammonium Glycyrrhizinate (MAG) Production Value (US$ Million) by Type (2020-2025)

Table 50. Global Monoammonium Glycyrrhizinate (MAG) Production Value (US$ Million) by Type (2026-2031)

Table 51. Global Monoammonium Glycyrrhizinate (MAG) Production Value Market Share by Type (2020-2025)

Table 52. Global Monoammonium Glycyrrhizinate (MAG) Production Value Market Share by Type (2026-2031)

Table 53. Global Monoammonium Glycyrrhizinate (MAG) Price (US$/kg) by Type (2020-2025)

Table 54. Global Monoammonium Glycyrrhizinate (MAG) Price (US$/kg) by Type (2026-2031)

Table 55. Global Monoammonium Glycyrrhizinate (MAG) Production (Kiloton) by Application (2020-2025)

Table 56. Global Monoammonium Glycyrrhizinate (MAG) Production (Kiloton) by Application (2026-2031)

Table 57. Global Monoammonium Glycyrrhizinate (MAG) Production Market Share by Application (2020-2025)

Table 58. Global Monoammonium Glycyrrhizinate (MAG) Production Market Share by Application (2026-2031)

Table 59. Global Monoammonium Glycyrrhizinate (MAG) Production Value (US$ Million) by Application (2020-2025)

Table 60. Global Monoammonium Glycyrrhizinate (MAG) Production Value (US$ Million) by Application (2026-2031)

Table 61. Global Monoammonium Glycyrrhizinate (MAG) Production Value Market Share by Application (2020-2025)

Table 62. Global Monoammonium Glycyrrhizinate (MAG) Production Value Market Share by Application (2026-2031)

Table 63. Global Monoammonium Glycyrrhizinate (MAG) Price (US$/kg) by Application (2020-2025)

Table 64. Global Monoammonium Glycyrrhizinate (MAG) Price (US$/kg) by Application (2026-2031)

Table 65. VITAL-CHEM Zhuhai Monoammonium Glycyrrhizinate (MAG) Company Information

Table 66. VITAL-CHEM Zhuhai Monoammonium Glycyrrhizinate (MAG) Specification and Application

Table 67. VITAL-CHEM Zhuhai Monoammonium Glycyrrhizinate (MAG) Production (Kiloton), Value (US$ Million), Price (US$/kg) and Gross Margin (2020-2025)

Table 68. VITAL-CHEM Zhuhai Main Business and Markets Served

Table 69. VITAL-CHEM Zhuhai Recent Developments/Updates

Table 70. Sabinsa Monoammonium Glycyrrhizinate (MAG) Company Information

Table 71. Sabinsa Monoammonium Glycyrrhizinate (MAG) Specification and Application

Table 72. Sabinsa Monoammonium Glycyrrhizinate (MAG) Production (Kiloton), Value (US$ Million), Price (US$/kg) and Gross Margin (2020-2025)

Table 73. Sabinsa Main Business and Markets Served

Table 74. Sabinsa Recent Developments/Updates

Table 75. Shaanxi Fujie Pharmaceutical Monoammonium Glycyrrhizinate (MAG) Company Information

Table 76. Shaanxi Fujie Pharmaceutical Monoammonium Glycyrrhizinate (MAG) Specification and Application

Table 77. Shaanxi Fujie Pharmaceutical Monoammonium Glycyrrhizinate (MAG) Production (Kiloton), Value (US$ Million), Price (US$/kg) and Gross Margin (2020-2025)

Table 78. Shaanxi Fujie Pharmaceutical Main Business and Markets Served

Table 79. Shaanxi Fujie Pharmaceutical Recent Developments/Updates

Table 80. Alchem International Monoammonium Glycyrrhizinate (MAG) Company Information

Table 81. Alchem International Monoammonium Glycyrrhizinate (MAG) Specification and Application

Table 82. Alchem International Monoammonium Glycyrrhizinate (MAG) Production (Kiloton), Value (US$ Million), Price (US$/kg) and Gross Margin (2020-2025)

Table 83. Alchem International Main Business and Markets Served

Table 84. Alchem International Recent Developments/Updates

Table 85. MAFCO Worldwide Monoammonium Glycyrrhizinate (MAG) Company Information

Table 86. MAFCO Worldwide Monoammonium Glycyrrhizinate (MAG) Specification and Application

Table 87. MAFCO Worldwide Monoammonium Glycyrrhizinate (MAG) Production (Kiloton), Value (US$ Million), Price (US$/kg) and Gross Margin (2020-2025)

Table 88. MAFCO Worldwide Main Business and Markets Served

Table 89. MAFCO Worldwide Recent Developments/Updates

Table 90. Alps Pharmaceutical Monoammonium Glycyrrhizinate (MAG) Company Information

Table 91. Alps Pharmaceutical Monoammonium Glycyrrhizinate (MAG) Specification and Application

Table 92. Alps Pharmaceutical Monoammonium Glycyrrhizinate (MAG) Production (Kiloton), Value (US$ Million), Price (US$/kg) and Gross Margin (2020-2025)

Table 93. Alps Pharmaceutical Main Business and Markets Served

Table 94. Alps Pharmaceutical Recent Developments/Updates

Table 95. BGG World Monoammonium Glycyrrhizinate (MAG) Company Information

Table 96. BGG World Monoammonium Glycyrrhizinate (MAG) Specification and Application

Table 97. BGG World Monoammonium Glycyrrhizinate (MAG) Production (Kiloton), Value (US$ Million), Price (US$/kg) and Gross Margin (2020-2025)

Table 98. BGG World Main Business and Markets Served

Table 99. BGG World Recent Developments/Updates

Table 100. Qingdao Taitong Pharmaceutical Monoammonium Glycyrrhizinate (MAG) Company Information

Table 101. Qingdao Taitong Pharmaceutical Monoammonium Glycyrrhizinate (MAG) Specification and Application

Table 102. Qingdao Taitong Pharmaceutical Monoammonium Glycyrrhizinate (MAG) Production (Kiloton), Value (US$ Million), Price (US$/kg) and Gross Margin (2020-2025)

Table 103. Qingdao Taitong Pharmaceutical Main Business and Markets Served

Table 104. Qingdao Taitong Pharmaceutical Recent Developments/Updates

Table 105. Cokey Monoammonium Glycyrrhizinate (MAG) Company Information

Table 106. Cokey Monoammonium Glycyrrhizinate (MAG) Specification and Application

Table 107. Cokey Monoammonium Glycyrrhizinate (MAG) Production (Kiloton), Value (US$ Million), Price (US$/kg) and Gross Margin (2020-2025)

Table 108. Cokey Main Business and Markets Served

Table 109. Cokey Recent Developments/Updates

Table 110. Jiangsu Tiansheng Pharmaceutical Monoammonium Glycyrrhizinate (MAG) Company Information

Table 111. Jiangsu Tiansheng Pharmaceutical Monoammonium Glycyrrhizinate (MAG) Specification and Application

Table 112. Jiangsu Tiansheng Pharmaceutical Monoammonium Glycyrrhizinate (MAG) Production (Kiloton), Value (US$ Million), Price (US$/kg) and Gross Margin (2020-2025)

Table 113. Jiangsu Tiansheng Pharmaceutical Main Business and Markets Served

Table 114. Jiangsu Tiansheng Pharmaceutical Recent Developments/Updates

Table 115. Shaanxi Jintai Biological Engineering Monoammonium Glycyrrhizinate (MAG) Company Information

Table 116. Shaanxi Jintai Biological Engineering Monoammonium Glycyrrhizinate (MAG) Specification and Application

Table 117. Shaanxi Jintai Biological Engineering Monoammonium Glycyrrhizinate (MAG) Production (Kiloton), Value (US$ Million), Price (US$/kg) and Gross Margin (2020-2025)

Table 118. Shaanxi Jintai Biological Engineering Main Business and Markets Served

Table 119. Shaanxi Jintai Biological Engineering Recent Developments/Updates

Table 120. Qinghai Lake Pharmaceutical Monoammonium Glycyrrhizinate (MAG) Company Information

Table 121. Qinghai Lake Pharmaceutical Monoammonium Glycyrrhizinate (MAG) Specification and Application

Table 122. Qinghai Lake Pharmaceutical Monoammonium Glycyrrhizinate (MAG) Production (Kiloton), Value (US$ Million), Price (US$/kg) and Gross Margin (2020-2025)

Table 123. Qinghai Lake Pharmaceutical Main Business and Markets Served

Table 124. Qinghai Lake Pharmaceutical Recent Developments/Updates

Table 125. Key Raw Materials Lists

Table 126. Raw Materials Key Suppliers Lists

Table 127. Monoammonium Glycyrrhizinate (MAG) Distributors List

Table 128. Monoammonium Glycyrrhizinate (MAG) Customers List

Table 129. Monoammonium Glycyrrhizinate (MAG) Market Trends

Table 130. Monoammonium Glycyrrhizinate (MAG) Market Drivers

Table 131. Monoammonium Glycyrrhizinate (MAG) Market Challenges

Table 132. Monoammonium Glycyrrhizinate (MAG) Market Restraints

Table 133. Research Programs/Design for This Report

Table 134. Key Data Information from Secondary Sources

Table 135. Key Data Information from Primary Sources

Table 136. Authors List of This Report

List of Figures

Figure 1. Product Picture of Monoammonium Glycyrrhizinate (MAG)

Figure 2. Global Monoammonium Glycyrrhizinate (MAG) Market Value by Type, (US$ Million) & (2020-2031)

Figure 3. Global Monoammonium Glycyrrhizinate (MAG) Market Share by Type: 2024 VS 2031

Figure 4. Pharmaceutical Grade Product Picture

Figure 5. Food Grade Product Picture

Figure 6. Others Product Picture

Figure 7. Global Monoammonium Glycyrrhizinate (MAG) Market Value by Application, (US$ Million) & (2020-2031)

Figure 8. Global Monoammonium Glycyrrhizinate (MAG) Market Share by Application: 2024 VS 2031

Figure 9. Food & Beverages

Figure 10. Nutraceuticals

Figure 11. Pharmaceuticals

Figure 12. Cosmetics

Figure 13. Other

Figure 14. Global Monoammonium Glycyrrhizinate (MAG) Production Value (US$ Million), 2020 VS 2024 VS 2031

Figure 15. Global Monoammonium Glycyrrhizinate (MAG) Production Value (US$ Million) & (2020-2031)

Figure 16. Global Monoammonium Glycyrrhizinate (MAG) Production Capacity (Kiloton) & (2020-2031)

Figure 17. Global Monoammonium Glycyrrhizinate (MAG) Production (Kiloton) & (2020-2031)

Figure 18. Global Monoammonium Glycyrrhizinate (MAG) Average Price (US$/kg) & (2020-2031)

Figure 19. Monoammonium Glycyrrhizinate (MAG) Report Years Considered

Figure 20. Monoammonium Glycyrrhizinate (MAG) Production Share by Manufacturers in 2024

Figure 21. Global Monoammonium Glycyrrhizinate (MAG) Production Value Share by Manufacturers (2024)

Figure 22. Monoammonium Glycyrrhizinate (MAG) Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024

Figure 23. The Global 5 and 10 Largest Players: Market Share by Monoammonium Glycyrrhizinate (MAG) Revenue in 2024

Figure 24. Global Monoammonium Glycyrrhizinate (MAG) Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)

Figure 25. Global Monoammonium Glycyrrhizinate (MAG) Production Value Market Share by Region: 2020 VS 2024 VS 2031

Figure 26. Global Monoammonium Glycyrrhizinate (MAG) Production Comparison by Region: 2020 VS 2024 VS 2031 (Kiloton)

Figure 27. Global Monoammonium Glycyrrhizinate (MAG) Production Market Share by Region: 2020 VS 2024 VS 2031

Figure 28. North America Monoammonium Glycyrrhizinate (MAG) Production Value (US$ Million) Growth Rate (2020-2031)

Figure 29. Europe Monoammonium Glycyrrhizinate (MAG) Production Value (US$ Million) Growth Rate (2020-2031)

Figure 30. China Monoammonium Glycyrrhizinate (MAG) Production Value (US$ Million) Growth Rate (2020-2031)

Figure 31. Japan Monoammonium Glycyrrhizinate (MAG) Production Value (US$ Million) Growth Rate (2020-2031)

Figure 32. Global Monoammonium Glycyrrhizinate (MAG) Consumption by Region: 2020 VS 2024 VS 2031 (Kiloton)

Figure 33. Global Monoammonium Glycyrrhizinate (MAG) Consumption Market Share by Region: 2020 VS 2024 VS 2031

Figure 34. North America Monoammonium Glycyrrhizinate (MAG) Consumption and Growth Rate (2020-2031) & (Kiloton)

Figure 35. North America Monoammonium Glycyrrhizinate (MAG) Consumption Market Share by Country (2020-2031)

Figure 36. U.S. Monoammonium Glycyrrhizinate (MAG) Consumption and Growth Rate (2020-2031) & (Kiloton)

Figure 37. Canada Monoammonium Glycyrrhizinate (MAG) Consumption and Growth Rate (2020-2031) & (Kiloton)

Figure 38. Europe Monoammonium Glycyrrhizinate (MAG) Consumption and Growth Rate (2020-2031) & (Kiloton)

Figure 39. Europe Monoammonium Glycyrrhizinate (MAG) Consumption Market Share by Country (2020-2031)

Figure 40. Germany Monoammonium Glycyrrhizinate (MAG) Consumption and Growth Rate (2020-2031) & (Kiloton)

Figure 41. France Monoammonium Glycyrrhizinate (MAG) Consumption and Growth Rate (2020-2031) & (Kiloton)

Figure 42. U.K. Monoammonium Glycyrrhizinate (MAG) Consumption and Growth Rate (2020-2031) & (Kiloton)

Figure 43. Italy Monoammonium Glycyrrhizinate (MAG) Consumption and Growth Rate (2020-2031) & (Kiloton)

Figure 44. Russia Monoammonium Glycyrrhizinate (MAG) Consumption and Growth Rate (2020-2031) & (Kiloton)

Figure 45. Asia Pacific Monoammonium Glycyrrhizinate (MAG) Consumption and Growth Rate (2020-2031) & (Kiloton)

Figure 46. Asia Pacific Monoammonium Glycyrrhizinate (MAG) Consumption Market Share by Region (2020-2031)

Figure 47. China Monoammonium Glycyrrhizinate (MAG) Consumption and Growth Rate (2020-2031) & (Kiloton)

Figure 48. Japan Monoammonium Glycyrrhizinate (MAG) Consumption and Growth Rate (2020-2031) & (Kiloton)

Figure 49. South Korea Monoammonium Glycyrrhizinate (MAG) Consumption and Growth Rate (2020-2031) & (Kiloton)

Figure 50. China Taiwan Monoammonium Glycyrrhizinate (MAG) Consumption and Growth Rate (2020-2031) & (Kiloton)

Figure 51. Southeast Asia Monoammonium Glycyrrhizinate (MAG) Consumption and Growth Rate (2020-2031) & (Kiloton)

Figure 52. India Monoammonium Glycyrrhizinate (MAG) Consumption and Growth Rate (2020-2031) & (Kiloton)

Figure 53. Latin America, Middle East & Africa Monoammonium Glycyrrhizinate (MAG) Consumption and Growth Rate (2020-2031) & (Kiloton)

Figure 54. Latin America, Middle East & Africa Monoammonium Glycyrrhizinate (MAG) Consumption Market Share by Country (2020-2031)

Figure 55. Mexico Monoammonium Glycyrrhizinate (MAG) Consumption and Growth Rate (2020-2031) & (Kiloton)

Figure 56. Brazil Monoammonium Glycyrrhizinate (MAG) Consumption and Growth Rate (2020-2031) & (Kiloton)

Figure 57. Turkey Monoammonium Glycyrrhizinate (MAG) Consumption and Growth Rate (2020-2031) & (Kiloton)

Figure 58. GCC Countries Monoammonium Glycyrrhizinate (MAG) Consumption and Growth Rate (2020-2031) & (Kiloton)

Figure 59. Global Production Market Share of Monoammonium Glycyrrhizinate (MAG) by Type (2020-2031)

Figure 60. Global Production Value Market Share of Monoammonium Glycyrrhizinate (MAG) by Type (2020-2031)

Figure 61. Global Monoammonium Glycyrrhizinate (MAG) Price (US$/kg) by Type (2020-2031)

Figure 62. Global Production Market Share of Monoammonium Glycyrrhizinate (MAG) by Application (2020-2031)

Figure 63. Global Production Value Market Share of Monoammonium Glycyrrhizinate (MAG) by Application (2020-2031)

Figure 64. Global Monoammonium Glycyrrhizinate (MAG) Price (US$/kg) by Application (2020-2031)

Figure 65. Monoammonium Glycyrrhizinate (MAG) Value Chain

Figure 66. Channels of Distribution (Direct Vs Distribution)

Figure 67. Bottom-up and Top-down Approaches for This Report

Figure 68. Data Triangulation

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