The Global Ammonium Glycyrrhizate Market was valued at US$ 67 Million in 2023 and is projected to reach US$ 114.6 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 8.0% during the forecast period (2024–2030). This robust growth is fueled by rising consumer demand for natural ingredients in food, pharmaceuticals, and cosmetics, alongside increasing regulatory support for clean-label products.

As industries pivot towards safer and more sustainable ingredients, the natural sweetener and anti-inflammatory agent markets are experiencing a significant transformation. In this analysis, we spotlight the Top 10 Companies in the Ammonium Glycyrrhizate Industry—a diverse group of pharmaceutical specialists, ingredient suppliers, and natural product innovators shaping the future of this essential compound.

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🔟 1. VITAL-CHEM Zhuhai Co., Ltd.

Headquarters: Zhuhai, Guangdong, China
Key Offering: High-Purity Ammonium Glycyrrhizate, Pharmaceutical Intermediates

VITAL-CHEM Zhuhai is a leading global supplier of specialty chemicals and pharmaceutical intermediates, with a strong focus on licorice root extracts. The company is recognized for its advanced purification technologies that yield high-purity Ammonium Glycyrrhizate, meeting stringent pharmacopeia standards for global markets.

Innovation and Market Focus:

• Investment in advanced extraction and purification technologies

• Strong presence in both pharmaceutical and nutraceutical supply chains

• Strategic partnerships with multinational consumer health companies

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9️⃣ 2. Sabinsa Corporation

Headquarters: East Windsor, New Jersey, USA
Key Offering: Saberry® and other botanical extracts, Ammonium Glycyrrhizate

Sabinsa is a renowned ingredient manufacturer with deep expertise in phytochemicals and Ayurvedic extracts. The company supplies high-quality Ammonium Glycyrrhizate primarily to the pharmaceutical and personal care industries, backed by extensive research on its bioactive properties.

Innovation and Market Focus:

• Pioneering research on the bioavailability of licorice extracts

• Global regulatory compliance and GRAS (Generally Recognized as Safe) status for key products

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8️⃣ 3. Alchem International Pvt. Ltd.

Headquarters: New Delhi, India
Key Offering: Phytochemicals, Ammonium Glycyrrhizate, Herbal Extracts

Alchem International is a major player in the plant extraction industry, with a diverse portfolio that includes high-grade Ammonium Glycyrrhizate. The company serves clients in over 60 countries, leveraging its vertically integrated operations from raw material sourcing to finished product manufacturing.

Innovation and Market Focus:

• Vertically integrated supply chain ensuring quality control

• Focus on sustainable and ethical sourcing of licorice root

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7️⃣ 4. MAFCO Worldwide LLC

Headquarters: Camden, New Jersey, USA
Key Offering: Magnasweet® flavors, Licorice Extracts, Ammonium Glycyrrhizate

MAFCO Worldwide, a subsidiary of MacAndrews & Forbes, is one of the world’s largest processors of licorice products. The company has over 150 years of experience and offers a wide range of licorice-derived ingredients, including specialized grades of Ammonium Glycyrrhizate for flavor and pharmaceutical applications.

Innovation and Market Focus:

• Proprietary extraction and purification processes

• Extensive application expertise in flavor masking and sweetener systems

Download FREE Sample Report: Ammonium Glycyrrhizate Market – View in Detailed Research Report

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6️⃣ 5. BGG World (Beijing Gingko Group)

Headquarters: Beijing, China
Key Offering: Botanical Extracts, Astaxanthin, Ammonium Glycyrrhizate

BGG World is a global leader in the development, production, and sale of high-quality botanical extracts and active ingredients. The company’s Ammonium Glycyrrhizate is widely used in dietary supplements, functional foods, and pharmaceutical formulations, supported by strong R&D capabilities.

Innovation and Market Focus:

• Significant investment in clinical research on ingredient efficacy

• Global distribution network with a strong focus on North American and European markets

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5️⃣ 6. Shaanxi Fujie Pharmaceutical Co., Ltd.

Headquarters: Xi’an, Shaanxi, China
Key Offering: Pharmaceutical-grade Ammonium Glycyrrhizate, Plant Extracts

Shaanxi Fujie Pharmaceutical specializes in the extraction of natural plant-based pharmaceutical ingredients. The company is a key supplier of Ammonium Glycyrrhizate in the Asia-Pacific region, with manufacturing facilities that adhere to GMP (Good Manufacturing Practice) standards.

Innovation and Market Focus:

• GMP-certified production facilities

• Focus on expanding market share in Southeast Asia and India

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4️⃣ 7. Alps Pharmaceutical Ind. Co., Ltd.

Headquarters: Gifu, Japan
Key Offering: Pharmaceutical Ingredients, Ammonium Glycyrrhizate, Herbal Medicines

Alps Pharmaceutical is a Japanese company with a long history of producing ethical drugs and herbal medicine extracts. The company provides high-purity Ammonium Glycyrrhizate primarily for the pharmaceutical industry, with a strong emphasis on quality and consistency.

Innovation and Market Focus:

• Specialization in pharmaceutical applications of botanical extracts

• Strong domestic market presence with growing international exports

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3️⃣ 8. Qingdao Taitong Pharmaceutical Co., Ltd.

Headquarters: Qingdao, Shandong, China
Key Offering: Licorice Extract Series, Ammonium Glycyrrhizate, Glycyrrhizic Acid

Qingdao Taitong Pharmaceutical is a specialized manufacturer of licorice extract products. The company offers various grades of Ammonium Glycyrrhizate tailored for different industrial applications, from food flavoring to therapeutic products.

Innovation and Market Focus:

• Customization of product specifications to meet client needs

• Competitive pricing strategy for bulk ingredient supply

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2️⃣ 9. Jiangsu Tiansheng Pharmaceutical Co., Ltd.

Headquarters: Nanjing, Jiangsu, China
Key Offering: Pharmaceutical Raw Materials, Ammonium Glycyrrhizate, API

Jiangsu Tiansheng Pharmaceutical is a significant manufacturer of Active Pharmaceutical Ingredients (APIs) and intermediates. The company’s production of Ammonium Glycyrrhizate is integral to its portfolio of anti-inflammatory and hepatoprotective agents.

Innovation and Market Focus:

• Integration of Ammonium Glycyrrhizate into finished dosage form development

• Expansion of production capacity to meet growing global demand

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1️⃣ 10. Shaanxi Jintai Biological Engineering Co., Ltd.

Headquarters: Xi’an, Shaanxi, China
Key Offering: Natural Plant Extracts, Ammonium Glycyrrhizate, P.E.

Shaanxi Jintai Biological Engineering specializes in the research, development, and production of natural plant extracts. The company is a growing supplier of Ammonium Glycyrrhizate, focusing on the nutraceutical and cosmetic markets with an emphasis on organic and natural product trends.

Innovation and Market Focus:

• Focus on organic and natural certification for its extracts

• Investment in biotechnology for improved extraction yields

Read Full Report: Ammonium Glycyrrhizate Market – View in Detailed Research Report

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🌱 Outlook: The Future of Ammonium Glycyrrhizate Is Natural and Multifunctional

The Ammonium Glycyrrhizate market is evolving rapidly, driven by a global shift towards natural, plant-based ingredients. While traditional pharmaceutical applications remain strong, new opportunities are emerging in functional foods, cosmetics, and animal feed, creating a dynamic and expanding market landscape.

📈 Key Trends Shaping the Market:

• Growing demand for natural sweeteners as alternatives to artificial options

• Increasing use in cosmeceuticals for skin-soothing and anti-aging properties

• Rising investment in sustainable and traceable licorice root sourcing

• Expansion of application research into new therapeutic areas

Read Full Report: Ammonium Glycyrrhizate Market – View in Detailed Research Report

The companies profiled above are not only supplying a key ingredient—they are enabling the clean-label transition across multiple industries, proving that natural solutions can be both effective and commercially successful.