The Global Glycyrrhiza Glabra Extract Market was valued at USD 591.5 Million in 2023 and is projected to reach USD 856.2 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.5% during the forecast period (2024–2030). This growth is being driven by surging demand for natural sweeteners and flavors in food and beverages, expanding applications in cosmetics for skin-soothing properties, and increasing use in pharmaceuticals for anti-inflammatory benefits across consumer health sectors.

As the natural products industry evolves toward clean-label, sustainable, and plant-based solutions, the focus turns to leading extract manufacturers who are pioneering high-purity glycyrrhiza glabra extracts. In this blog, we profile the Top 10 Companies in the Glycyrrhiza Glabra Extract Industry—a blend of herbal extract specialists, pharmaceutical innovators, and global suppliers shaping the future of licorice root derivatives.

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🔟 1. Croda International Plc

Headquarters: East Yorkshire, United Kingdom
Key Offering: Pharmaceutical Grade, Cosmetic Grade Glycyrrhiza Glabra Extract, Dipotassium Glycyrrhizate

Croda stands as a global leader in natural ingredients, providing premium glycyrrhiza glabra extracts for cosmetics and personal care. Their high-quality licorice root extracts are renowned for anti-inflammatory and skin-brightening effects, serving major beauty brands worldwide. With a strong emphasis on sustainable sourcing, Croda ensures traceability from Western Asian fields to finished products, catering to the clean beauty movement effectively.

Sustainability Initiatives:

• Certified sustainable licorice root sourcing programs
• Investments in biotech-derived glycyrrhizin alternatives
• Net-zero ambitions by 2030 across supply chains

Download FREE Sample Report: Global Glycyrrhiza Glabra Extract Market – View in Detailed Research Report

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9️⃣ 2. AQIA

Headquarters: São Paulo, Brazil
Key Offering: Food Grade, Pharmaceutical Grade Extracts, Glycyrrhizic Acid

AQIA excels in South American markets with specialized glycyrrhiza glabra extracts for food flavoring and pharma applications. Operating advanced extraction facilities, the company supplies consistent, high-purity products to regional tobacco and confectionery industries, while expanding into natural cosmetics amid Brazil’s booming wellness sector.

Sustainability Initiatives:

• Partnerships for ethical wild harvesting
• Water-efficient extraction technologies
• Expansion into organic certified lines

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8️⃣ 3. Spec-Chem Industry Inc.

Headquarters: Nanjing, China
Key Offering: Cosmetic Grade, Feed Grade Glycyrrhiza Extract, Glabridin

Spec-Chem is a key Asian player, delivering glabridin-rich glycyrrhiza extracts for skincare formulations prized for whitening and antioxidant properties. Their R&D focuses on standardized extracts meeting global cosmetic standards, supporting China’s massive beauty market growth and exports to Europe and North America.

Sustainability Initiatives:

• Green chemistry extraction methods
• Traceable supply from controlled cultivation
• Carbon footprint reduction targets

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7️⃣ 4. Huzhou Ouli Biotechnology Co., Ltd.

Headquarters: Huzhou, China
Key Offering: Food Grade, Pharmaceutical Grade, Monoammonium Glycyrrhizate

Huzhou Ouli specializes in bulk glycyrrhiza glabra extracts for food and pharma, leveraging China’s abundant resources for cost-effective production. The firm supplies major confectioners and drug makers, with innovations in low-sugar licorice derivatives aligning with health-conscious consumer trends.

Sustainability Initiatives:

• Sustainable farming collaborations in Xinjiang
• Zero-waste processing facilities
• ISO-certified organic production lines

Download FREE Sample Report: Global Glycyrrhiza Glabra Extract Market – View in Detailed Research Report

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6️⃣ 5. Bioveda Naturals

Headquarters: Irvine, California, USA
Key Offering: Organic Glycyrrhiza Extract, Standardized Powders for Nutraceuticals

Bioveda Naturals brings U.S.-based innovation to glycyrrhiza glabra extracts, focusing on organic, non-GMO options for supplements and cosmetics. Their products support anti-viral and digestive health claims, gaining traction in North America’s natural health market with stringent quality controls.

Sustainability Initiatives:

• Fair trade sourcing from native regions
• Biodegradable packaging adoption
• R&D in regenerative agriculture

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5️⃣ 6. Actives International

Headquarters: Melville, New York, USA
Key Offering: Cosmetic Actives, High-Purity Glabridin Extract

Actives International provides advanced glycyrrhiza-derived actives for premium skincare, emphasizing efficacy in hyperpigmentation treatments. Serving global formulators, they excel in solubilized extracts compatible with modern cosmetic bases, driving innovation in multifunctional beauty ingredients.

Sustainability Initiatives:

• Supply chain transparency platforms
• Bio-based solvent extractions
• Commitment to RSPO standards

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4️⃣ 7. Carrubba, Inc.

Headquarters: Fairfield, New Jersey, USA
Key Offering: Botanical Extracts, Glycyrrhiza for Personal Care

Carrubba delivers custom glycyrrhiza glabra extracts tailored for natural personal care products, with a portfolio highlighting soothing and flavor-enhancing properties. Their expertise in fluid extracts supports indie brands and majors alike in the U.S. natural cosmetics surge.

Sustainability Initiatives:

• Local U.S. cultivation pilots
• Energy-efficient supercritical CO2 extraction
• Recyclable material usage

Download FREE Sample Report: Global Glycyrrhiza Glabra Extract Market – View in Detailed Research Report

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3️⃣ 8. Jarchem Industries Inc.

Headquarters: Wayne, New Jersey, USA
Key Offering: Food and Cosmetic Grade, Glycyrrhizic Acid Derivatives

Sustainability Initiatives:

• Vertical integration for reduced emissions
• Water recycling in production
• Certifications for kosher and halal extracts

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2️⃣ 9. The Garden of NaturalSolution

Headquarters: Daejeon, South Korea
Key Offering: K-Beauty Extracts, High-Concentration Glabridin

The Garden of NaturalSolution leads in Asian cosmetics with innovative glycyrrhiza glabra extracts optimized for brightening serums and masks. Their tech-driven purification yields potent, stable actives fueling K-beauty’s global export boom and clean ingredient preferences.

Sustainability Initiatives:

• Blockchain traceability systems
• Low-solvent green extractions
• Expansion of cultivated licorice programs

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1️⃣ 10. Sepidan Osareh

Headquarters: Isfahan, Iran
Key Offering: Block Licorice Extract, Powdered Glycyrrhiza, Pharmaceutical Grades

Sepidan Osareh dominates as the world’s largest producer of glycyrrhiza glabra extracts, exporting high-volume blocks and powders to Europe, Asia, and beyond. Specializing in traditional and modern extraction, they serve food, pharma, and tobacco sectors with unmatched scale and reliability from Iran’s prime growing regions.

Sustainability Initiatives:

• Large-scale sustainable cultivation projects
• Community-supported farming initiatives
• Global certifications including EU organic standards

Read Full Report: Global Glycyrrhiza Glabra Extract Market – View in Detailed Research Report

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🌍 Outlook: The Future of Glycyrrhiza Glabra Extract Is Natural, Sustainable, and Multifunctional

The glycyrrhiza glabra extract market is experiencing robust transformation. Traditional uses persist, but investments pour into high-purity, sustainable variants, advanced extraction tech, and expanded applications in wellness.

📈 Key Trends Shaping the Market:

• Accelerated sustainable sourcing in Europe, Asia, and Americas
• Regulatory support for natural pharma excipients by 2030
• Digital tracking for supply chain transparency
• Collaborations between extractors and beauty/pharma brands

Read Full Report: Global Glycyrrhiza Glabra Extract Market – View in Detailed Research Report

The companies profiled are not only supplying essential extracts—they’re leading the natural revolution in health, beauty, and food industries.