The Global Food Grade Dipotassium Glycyrrhizinate Market was valued at USD 48.7 Million in 2024 and is projected to reach USD 68.9 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period (2024–2030). This growth is propelled by escalating consumer demand for natural sweeteners, clean-label food products, and sugar reduction initiatives across the food and beverage industry.

As the food industry pivots towards healthier, natural ingredients, dipotassium glycyrrhizinate, a high-intensity sweetener derived from licorice root, is gaining significant traction. This blog profiles the Top 10 Companies in the Food Grade Dipotassium Glycyrrhizinate Market—a group of specialty chemical manufacturers, pharmaceutical giants, and ingredient suppliers shaping the future of natural sweetening solutions.

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Food Grade Dipotassium Glycyrrhizinate Market – View in Detailed Research Report

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🔟 1. GfN Selco

Headquarters: Baarn, Netherlands
Key Offering: High-Purity Food Grade Dipotassium Glycyrrhizinate

GfN Selco is a leading European supplier of natural ingredients, with a strong emphasis on licorice-derived products. The company provides high-purity dipotassium glycyrrhizinate to the food and pharmaceutical industries, ensuring compliance with stringent European Food Safety Authority (EFSA) standards.

Innovation and Quality Initiatives:

• Specialization in sustainably sourced licorice root extracts

• Rigorous quality control for consistent purity and performance

• Strong distribution network across Europe and North America

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9️⃣ 2. MAFCO Worldwide LLC

Headquarters: Camden, New Jersey, USA
Key Offering: Magnasweet® Flavors, Dipotassium Glycyrrhizinate

MAFCO Worldwide, a subsidiary of MacAndrews & Forbes, is one of the world’s largest manufacturers of licorice products. The company’s Magnasweet® portfolio is renowned in the flavor industry, and its production of high-quality dipotassium glycyrrhizinate serves major global food and beverage brands.

Innovation and Quality Initiatives:

• Vertical integration from licorice root cultivation to final product

• Proprietary extraction and purification technologies

• Focus on flavor enhancement and masking applications

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8️⃣ 3. Nikko Chemicals Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: NIKKOL Dipotassium Glycyrrhizinate, Cosmetic and Food Grade

Nikko Chemicals is a prominent Japanese company with a diverse portfolio of specialty chemicals. Their expertise in glycyrrhizinic acid derivatives is well-established, supplying high-purity dipotassium glycyrrhizinate for both food and cosmetic applications, particularly in the Asia-Pacific market.

Innovation and Quality Initiatives:

• Advanced synthesis and purification processes

• Strong focus on R&D for new applications in functional foods

• Compliance with JP (Japanese Pharmacopoeia) and food safety standards

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

Headquarters: Gifu, Japan
Key Offering: Pharmaceutical and Food Grade Dipotassium Glycyrrhizinate

Alps Pharmaceutical is a key player in the Japanese market, specializing in plant-derived active ingredients. The company produces dipotassium glycyrrhizinate that meets the high standards required for both pharmaceutical excipients and food additives, leveraging its expertise in natural product chemistry.

Innovation and Quality Initiatives:

• Integration of pharmaceutical-grade manufacturing practices

• Development of synergistic ingredient blends for enhanced sweetness

• Targeted solutions for the health and wellness segment

Download FREE Sample Report:
Food Grade Dipotassium Glycyrrhizinate Market – View in Detailed Research Report

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6️⃣ 5. Fanzhi Pharmaceutical Co., Ltd.

Headquarters: Shaanxi, China
Key Offering: Dipotassium Glycyrrhizinate, Licorice Extract Series

Fanzhi Pharmaceutical is a major Chinese manufacturer of licorice extracts and derivatives. The company benefits from proximity to licorice-growing regions in China and has established itself as a significant supplier of cost-effective, food-grade dipotassium glycyrrhizinate to the domestic and international markets.

Innovation and Quality Initiatives:

• Large-scale production capacity for competitive pricing

• Investment in green extraction technologies

• Expansion of export capabilities to Europe and North America

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5️⃣ 6. Shaanxi Jintai Biological Engineering Co., Ltd.

Headquarters: Shaanxi, China
Key Offering: Botanical Extracts, Food Grade Dipotassium Glycyrrhizinate

Shaanxi Jintai Biological Engineering specializes in the extraction and purification of natural plant ingredients. The company is a key exporter of dipotassium glycyrrhizinate, emphasizing sustainable sourcing from its base in a region known for high-quality licorice root.

Innovation and Quality Initiatives:

• Implementation of ISO and HACCP certified manufacturing

• Focus on traceability and sustainable agriculture partnerships

• Customization of product specifications for diverse client needs

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4️⃣ 7. Jiangsu Tiansheng Pharmaceutical Co., Ltd.

Headquarters: Jiangsu, China
Key Offering: Pharmaceutical Intermediates, Food Additives including Dipotassium Glycyrrhizinate

Jiangsu Tiansheng Pharmaceutical leverages its strong chemical synthesis and purification capabilities to produce high-purity dipotassium glycyrrhizinate. The company serves a dual market, supplying both the pharmaceutical industry as an anti-inflammatory agent and the food industry as a natural sweetener.

Innovation and Quality Initiatives:

• Advanced chromatographic purification techniques

• Strategic location in a major Chinese chemical industry hub

• R&D focused on improving yield and reducing production costs

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3️⃣ 8. Qinghai Lake Pharmaceutical Co., Ltd.

Headquarters: Qinghai, China
Key Offering: Tibetan Medicine Ingredients, Dipotassium Glycyrrhizinate

Qinghai Lake Pharmaceutical has a unique position, utilizing resources from the Qinghai-Tibet Plateau. The company produces dipotassium glycyrrhizinate with a focus on the synergy between traditional herbal knowledge and modern manufacturing, appealing to markets interested in authentic, plant-based ingredients.

Innovation and Quality Initiatives:

• Utilization of unique licorice varieties from the plateau region

• Combination of modern science with traditional preparation methods

• Growing presence in the nutraceutical and functional food sectors

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2️⃣ 9. VITAL-CHEM Zhuhai Co., Ltd.

Headquarters: Zhuhai, China
Key Offering: Specialty Food Ingredients, Dipotassium Glycyrrhizinate

VITAL-CHEM Zhuhai is a dynamic supplier of food additives and ingredients. The company provides reliable dipotassium glycyrrhizinate to global customers, focusing on building long-term partnerships and ensuring supply chain stability for food manufacturers seeking natural sweetening solutions.

Innovation and Quality Initiatives:

• Strict adherence to international food safety standards (FDA, EFSA)

• Efficient logistics and supply chain management

• Technical support for product application and formulation

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1️⃣ 10. Shaanxi Fujie Pharmaceutical Co., Ltd.

Headquarters: Shaanxi, China
Key Offering: Licorice Extract Products, Dipotassium Glycyrrhizinate

Shaanxi Fujie Pharmaceutical rounds out the top ten, with a dedicated focus on licorice-derived products. The company has built a reputation for consistent quality and is an important supplier for manufacturers looking to incorporate dipotassium glycyrrhizinate into beverages, confectionery, and dairy products.

Innovation and Quality Initiatives:

• Continuous process optimization for enhanced purity levels

• Active participation in industry conferences and trade shows

• Development of blended sweetener systems for improved taste profiles

Get Full Report Here:
Food Grade Dipotassium Glycyrrhizinate Market – View in Detailed Research Report

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🌍 Outlook: The Future of Food Grade Dipotassium Glycyrrhizinate Is Natural and Versatile

The food grade dipotassium glycyrrhizinate market is experiencing a significant transformation, driven by the global shift away from artificial additives and high-calorie sugars. As a natural, high-intensity sweetener with additional functional benefits like flavor enhancement and antimicrobial properties, its appeal is broadening beyond niche applications.

📈 Key Trends Shaping the Market:

• Clean Label Movement: Increasing consumer preference for recognizable, natural ingredients is a primary growth driver.

• Sugar Reduction Mandates: Government policies and taxes on sugary drinks are pushing manufacturers to seek effective natural alternatives.

• Synergistic Blends: Growing use of dipotassium glycyrrhizinate in combination with other sweeteners like stevia and monk fruit to optimize taste and reduce off-notes.

• Supply Chain Diversification: Companies are investing in sustainable licorice farming and exploring novel extraction methods to ensure a stable and ethical supply.

The companies profiled are at the forefront of this evolution, not just as suppliers but as innovators enabling the food and beverage industry’s journey towards healthier, cleaner, and more sustainable formulations.

Get Full Report Here:
Food Grade Dipotassium Glycyrrhizinate Market – View in Detailed Research Report