Global Glycyrrhiza Inflata Root Extract Market

MARKET INSIGHTS

Glycyrrhiza Inflata Root Extract market size was valued at USD 187.5 million in 2024. The market is projected to grow from USD 199.2 million in 2025 to USD 298.4 million by 2032, exhibiting a compound annual growth rate (CAGR) of 6.8% during the forecast period.

Glycyrrhiza Inflata Root Extract is a natural botanical derivative obtained from the root of the Glycyrrhiza inflata plant, a species of licorice native to China and Central Asia. This extract is rich in bioactive compounds, most notably glycyrrhizin, a triterpenoid saponin prized for its sweet flavor, anti‑inflammatory, and antioxidant properties. Its applications span pharmaceuticals, cosmetics, and food & beverage, where it functions as a natural sweetener and flavor enhancer.

The market is experiencing steady growth, primarily driven by rising consumer demand for natural and plant‑based ingredients across multiple sectors. The clean beauty movement in cosmetics and the shift toward natural sweeteners in food and beverages are significant contributors. However, the market faces challenges such as supply chain volatility and regulatory scrutiny concerning the potential side effects of excessive glycyrrhizin consumption. Strategic initiatives by key players, including sustainable sourcing and new product formulations, are expected to support market expansion. For instance, companies like Qinghai Lake Pharmaceutical and Nikkol focus on high‑purity, pharmaceutical‑grade extracts to meet the stringent requirements of the healthcare industry.

Global Glycyrrhiza Inflata Root Extract Market – View in Detailed Research Report

Market Size & Growth

In 2025, the market reached USD 199.2 million and is expected to hit USD 298.4 million by 2032, reflecting a 6.8% CAGR. The upward trajectory is anchored by expanding demand in the food, pharmaceutical, and cosmetic sectors, each leveraging the extract’s unique sweetening and therapeutic attributes.

Product Definition

Glycyrrhiza Inflata Root Extract is a purified botanical extract derived from the root of the licorice plant. The core active ingredient, glycyrrhizin, delivers a sweet taste while providing anti‑inflammatory and antioxidant benefits, making it suitable for therapeutic, cosmetic, and food applications.

Top 10 Companies in the Global Glycyrrhiza Inflata Root Extract Market (2026)

1. Qinghai Lake Pharmaceutical (China)

   Headquarters: Qinghai, China
   Key Offering: Pharmaceutical‑grade Glycyrrhiza Inflata Root Extract

   Qinghai Lake Pharmaceutical has built a vertically integrated supply chain, from seed cultivation in Gansu and Xinjiang to GMP‑certified extraction facilities. The company’s proprietary water‑based extraction process delivers consistent high‑purity product, positioning it as a preferred supplier for drug manufacturers seeking reliable raw material.

   Sustainability & Growth Initiatives:

   • Investment in climate‑resilient cultivation practices across key growing regions.
   • Expansion of extraction capacity to support growing pharmaceutical demand.
   • Collaboration with regulatory bodies to streamline approval pathways for new formulations.

2. Nikkol (India)

   Headquarters: Bangalore, India
   Key Offering: Standardized Glycyrrhiza Inflata Root Extract for nutraceuticals and functional foods

   Nikkol’s portfolio emphasizes consistent bioactive content, enabling nutraceutical firms to incorporate the extract into dietary supplements with confidence. The company’s long‑term supply agreements with multinational brands help lock in pricing and volume, mitigating market volatility.

   Sustainability & Growth Initiatives:

   • Adoption of organic farming practices to enhance product purity.
   • Implementation of a traceability system that documents each batch from seed to shelf.
   • Research into novel extraction techniques to improve yield and reduce waste.

3. Shanghai OLI Industrial Co., Ltd. (China)

   Headquarters: Shanghai, China
   Key Offering: Dual‑grade (pharmaceutical and food) Glycyrrhiza Inflata Root Extract

   Shanghai OLI Industrial leverages large‑scale batch processing to supply both high‑purity pharmaceutical and food‑grade extracts. The diversified portfolio allows the firm to serve a broad customer base, from drug developers to food manufacturers.

   Sustainability & Growth Initiatives:

   • Scaling up extraction capacity to meet rising demand in Asia‑Pacific markets.
   • Implementing energy‑efficient processing to lower carbon footprint.
   • Partnerships with research institutions to refine extraction protocols.

4. Magnasweet (South Korea)

   Headquarters: Seoul, South Korea
   Key Offering: Low‑sweetness Glycyrrhiza Inflata Root Extract for cosmeceuticals

   Magnasweet has introduced a low‑sweetness formulation tailored for the cosmetic industry, addressing consumer demand for gentle, skin‑soothing ingredients without compromising flavor.

   Sustainability & Growth Initiatives:

   • Development of a proprietary extraction method that preserves skin‑beneficial compounds.
   • Alignment with clean‑label certification programs to appeal to premium cosmetic brands.
   • Expansion into regional markets through joint ventures with local distributors.

5. ASEH (Germany)

   Headquarters: Munich, Germany
   Key Offering: Feed‑grade Glycyrrhiza Inflata Root Extract for livestock health

   ASEH supplies feed‑grade extracts that enhance animal well‑being and improve digestive health. The company’s focus on veterinary applications complements its broader portfolio of botanical ingredients.

   Sustainability & Growth Initiatives:

   • Adoption of precision agriculture to optimize crop yields.
   • Certification of feed products under European organic standards.
   • Investment in R&D to explore synergistic blends for livestock nutrition.

6. Zagros Licorice (Iran)

   Headquarters: Tehran, Iran
   Key Offering: High‑purity Glycyrrhiza Inflata Root Extract for pharmaceutical and nutraceutical use

   Zagros Licorice has expanded its capacity by acquiring local licorice farms, reducing raw‑material risk and enabling competitive pricing for regional distributors.

   Sustainability & Growth Initiatives:

   • Implementation of water‑saving irrigation techniques.
   • Certification of extraction facilities under GMP standards.
   • Strategic alliances with local health‑care providers to promote product adoption.

7. Sepidan Osareh (Iran)

   Headquarters: Shiraz, Iran
   Key Offering: Pharmaceutical‑grade Glycyrrhiza Inflata Root Extract

   Sepidan Osareh has positioned itself as a reliable supplier for drug manufacturers by maintaining stringent quality controls and traceability across its supply chain.

   Sustainability & Growth Initiatives:

   • Use of renewable energy sources in extraction facilities.
   • Continuous improvement of extraction protocols to enhance yield.
   • Engagement with international regulatory bodies to secure approvals.

8. Maruzen Pharmaceuticals (Japan)

   Headquarters: Tokyo, Japan
   Key Offering: Standardized Glycyrrhiza Inflata Root Extract for traditional and modern therapeutics

   Maruzen’s extraction process is tailored to meet the rigorous demands of Japan’s pharmaceutical market, ensuring consistent potency and purity.

   Sustainability & Growth Initiatives:

   • Collaboration with domestic growers to secure a stable supply chain.
   • Investment in advanced extraction technology to reduce solvent usage.
   • Participation in industry forums to shape regulatory standards.

9. Norevo GmbH (Germany)

   Headquarters: Düsseldorf, Germany
   Key Offering: Pharmaceutical‑grade Glycyrrhiza Inflata Root Extract for European markets

   Norevo’s GMP‑certified facilities deliver high‑purity extracts that satisfy the stringent quality requirements of EU drug manufacturers.

   Sustainability & Growth Initiatives:

   • Implementation of circular waste management in extraction processes.
   • Partnerships with European health‑care providers to promote product usage.
   • Continuous monitoring of raw‑material quality to prevent batch variability.

10. F&C Licorice (Turkey)

    Headquarters: Istanbul, Turkey
    Key Offering: Food‑grade Glycyrrhiza Inflata Root Extract for local and export markets

    F&C Licorice focuses on delivering high‑quality food‑grade extracts, supporting Turkish food manufacturers seeking natural sweeteners.

    Sustainability & Growth Initiatives:

    • Adoption of organic cultivation practices to meet clean‑label demands.
    • Expansion of export capacity to neighboring European markets.
    • Investment in supply‑chain transparency to build consumer trust.

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Outlook

The market is set to continue its upward trajectory as natural ingredient preferences intensify across the food, pharmaceutical, and cosmetic sectors. Companies that secure reliable supply chains and invest in advanced extraction technologies will capture the premium segment, while those embracing sustainability and traceability will appeal to increasingly conscious consumers.

Future Trends

• Expansion of high‑purity pharmaceutical‑grade extracts to meet evolving regulatory standards.
• Growth of functional food products that combine sweetness with health benefits.
• Increased collaboration between botanical ingredient suppliers and product developers to accelerate innovation.
• Adoption of digital traceability tools to provide end‑to‑end visibility across the supply chain.