The Global Food Grade Dipotassium Glycyrrhizinate Market was valued at USD 52.8 Million in 2024 and is projected to reach USD 78.3 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.2% during the forecast period (2024–2030). This robust growth is primarily fueled by escalating consumer demand for natural, low-calorie sweeteners, stringent regulatory pressures to reduce sugar content in food and beverages, and the expanding application of dipotassium glycyrrhizinate as a high-intensity sweetener and flavor enhancer.

As the global food industry pivots toward clean-label ingredients and healthier formulations, the demand for effective sugar-reduction solutions has never been higher. In this landscape, Food Grade Dipotassium Glycyrrhizinate (DPG)—a salt derived from glycyrrhizin found in licorice root—stands out for its sweetness potency and functional benefits. This blog profiles the Top 10 Companies in the Food Grade Dipotassium Glycyrrhizinate Industry, highlighting the key players who are innovating, scaling production, and shaping supply chains to meet the needs of a health-conscious market.

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🔟 1. MAFCO Worldwide LLC

Headquarters: Camden, New Jersey, USA
Key Offering: Magnasweet® product line, High-Purity Food Grade DPG

MAFCO Worldwide, a subsidiary of MacAndrews & Forbes, is a global leader in licorice products and a premier supplier of Food Grade Dipotassium Glycyrrhizinate. The company’s Magnasweet® brand is widely recognized in the food and beverage industry for its flavor-modifying and sweetening properties. MAFCO leverages extensive vertical integration, from licorice root sourcing to advanced purification, ensuring consistent quality and supply.

Innovation and Market Focus:

• Proprietary extraction and purification technologies for high-purity DPG

• Strategic focus on flavor enhancement and sugar reduction in beverages, confectionery, and pharmaceuticals

• Global distribution network serving multinational food and beverage corporations

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9️⃣ 2. GfN-Selco AG

Headquarters: Hamburg, Germany
Key Offering: Food Grade DPG, Natural Sweeteners, Licorice Extracts

GfN-Selco is a major European supplier of natural ingredients, with a strong portfolio in licorice-derived products. The company specializes in providing high-quality Food Grade DPG to the European food and pharmaceutical industries, emphasizing compliance with stringent EU regulatory standards for food additives.

Innovation and Market Focus:

• Strong R&D focus on natural sweetener applications

• Compliance with EFSA and other European food safety authorities

• Supply chain expertise in sourcing raw licorice from sustainable origins

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8️⃣ 3. Nikko Chemicals Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Nikko Licorice extracts, Food Grade DPG, Pharmaceutical-grade Glycyrrhizinates

Nikko Chemicals is a leading Japanese company with a long history in the production of licorice extracts and their derivatives. The company serves the Asian market with high-purity DPG, catering to the region’s growing demand for natural sweeteners in food, beverages, and traditional confectionery.

Innovation and Market Focus:

• Advanced chromatographic purification techniques for superior product quality

• Significant presence in the lucrative Japanese and broader APAC food ingredient markets

• Applications in health-focused products, leveraging the functional benefits of licorice

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

Headquarters: Gifu, Japan
Key Offering: Licorice Flavonoid Oil, Dipotassium Glycyrrhizinate, Glycyrrhetinic Acid

Alps Pharmaceutical is a specialized manufacturer of licorice-based ingredients for both the food and pharmaceutical sectors. The company has built a reputation for quality and reliability, supplying DPG that meets the exacting standards of food manufacturers seeking natural flavor and sweetness solutions.

Innovation and Market Focus:

• Integrated manufacturing from raw licorice root to finished DPG

• Focus on the synergistic use of DPG with other natural sweeteners for optimized taste profiles

• Strong customer relationships with food processors in Japan and Southeast Asia

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Food Grade Dipotassium Glycyrrhizinate Market – View in Detailed Research Report

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6️⃣ 5. Fanzhi Pharmaceutical Co., Ltd.

Headquarters: Xinjiang, China
Key Offering: Natural Licorice Extract, Food Grade DPG, Ammonium Glycyrrhizinate

Fanzhi Pharmaceutical is a key Chinese player located in Xinjiang, a major licorice-growing region. This strategic location provides the company with direct access to high-quality raw materials. Fanzhi supplies DPG to both domestic and international markets, capitalizing on China’s significant licorice production capacity.

Innovation and Market Focus:

• Cost-effective production leveraging proximity to raw material sources

• Expanding export operations to North America and Europe

• Investment in extraction technology to improve yield and purity

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

Headquarters: Shaanxi, China
Key Offering: Plant Extracts, Food Grade DPG, Licorice Powder

Shaanxi Jintai Biological Engineering is a specialized manufacturer of botanical extracts, with a strong focus on licorice products. The company utilizes modern biological engineering techniques to produce high-purity DPG for the global food ingredient market.

Innovation and Market Focus:

• Application of biotechnology in the extraction and refinement process

• Focus on sustainable and environmentally friendly production methods

• Catering to the growing demand for natural ingredients in health and wellness products

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4️⃣ 7. Jiangsu Tiansheng Pharmaceutical Co., Ltd.

Headquarters: Jiangsu, China
Key Offering: Pharmaceutical and Food Grade DPG, Licorice Extract Series

Jiangsu Tiansheng Pharmaceutical is a diversified manufacturer with significant capabilities in producing licorice derivatives. The company supplies Food Grade DPG to food manufacturers who require ingredients that comply with international quality and safety standards.

Innovation and Market Focus:

• Dual focus on pharmaceutical and food-grade applications, ensuring high purity standards

• Robust quality control systems aligned with cGMP and HACCP principles

• Strategic partnerships with distributors in key international markets

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3️⃣ 8. Qinghai Lake Pharmaceutical Co., Ltd.

Headquarters: Qinghai, China
Key Offering: Glycyrrhiza Uralensis Extract, Dipotassium Glycyrrhizinate, Monopotassium Glycyrrhizinate

Qinghai Lake Pharmaceutical specializes in extracts from Glycyrrhiza Uralensis, a specific species of licorice known for its high glycyrrhizin content. The company’s expertise allows it to produce DPG with consistent quality for use as a sweetening and flavoring agent.

Innovation and Market Focus:

• Specialization in a specific, high-yield licorice species

• Focus on the Chinese domestic market, with growing international ambitions

• Applications in traditional Chinese medicine (TCM) as well as modern food products

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2️⃣ 9. VITAL-CHEM Zhuhai Co., Ltd.

Headquarters: Zhuhai, Guangdong, China
Key Offering: Food Additives, Nutritional Ingredients, High-Purity DPG

VITAL-CHEM Zhuhai is a leading Chinese supplier of food additives and ingredients, including Food Grade Dipotassium Glycyrrhizinate. The company serves a global clientele, emphasizing technical support and customized solutions for food and beverage manufacturers.

Innovation and Market Focus:

• Strong technical service and application support for customers

• Broad portfolio of food additives, allowing for synergistic ingredient solutions

• Certifications including ISO 9001 and FSSC 22000, ensuring product safety and quality

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

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1️⃣ 10. Shaanxi Fujie Pharmaceutical Co., Ltd.

Headquarters: Shaanxi, China
Key Offering: Natural Plant Extracts, Food Grade DPG, Licorice Fluid Extract

Shaanxi Fujie Pharmaceutical rounds out the top ten, specializing in the extraction of active compounds from medicinal plants. The company produces Food Grade DPG that meets the requirements of food manufacturers looking for natural and effective sugar substitutes.

Innovation and Market Focus:

• Integration of traditional extraction knowledge with modern manufacturing technology

• Focus on the nutraceutical and functional food sectors

• Competitive pricing strategy aimed at capturing market share in price-sensitive regions

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🌱 Outlook: The Future of Food Grade Dipotassium Glycyrrhizinate is Natural and Multi-Functional

The Food Grade Dipotassium Glycyrrhizinate market is poised for sustained growth, propelled by irreversible trends in the global food industry. The shift away from artificial sweeteners and high sugar content is creating a fertile ground for natural, plant-based alternatives like DPG. Its dual functionality as a high-intensity sweetener and a flavor enhancer makes it a uniquely valuable ingredient for product formulators.

📈 Key Trends Shaping the Market:

• Clean-Label Movement: Consumers are increasingly scrutinizing ingredient lists, driving demand for recognizable, natural sweeteners like those derived from licorice.

• Sugar Reduction Regulations: Government initiatives worldwide, such as sugar taxes, are compelling food and beverage companies to reformulate products, boosting the adoption of DPG.

• Innovation in Blends: DPG is increasingly used in synergy with other natural sweeteners (e.g., stevia, monk fruit) to improve taste profiles and reduce off-notes, creating more palatable reduced-sugar products.

• Supply Chain Sustainability: Focus on sustainable and ethical sourcing of licorice root is becoming a key differentiator for manufacturers, ensuring long-term viability and brand trust.

The companies profiled above are at the forefront of this transformation. They are not merely supplying an ingredient; they are enabling the creation of a new generation of healthier, tastier, and more natural food and beverage products for consumers around the world.

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Food Grade Dipotassium Glycyrrhizinate Market – View in Detailed Research Report