According to our (Global Info Research) latest study, the global Food Grade Monopotassium Glycyrrhizinate market size was valued at US$ 29.60 million in 2025 and is forecast to a readjusted size of US$ 43.29 million by 2032 with a CAGR of 5.7% during review period.
Food Grade Monopotassium Glycyrrhizinate is a single potassium salt sweet and flavor improving raw material formed from glycyrrhizic acid as the parent material and potassium ions. It is usually a white or off white powder, with characteristic licorice flavor and strong sweetness. It is easily soluble in water and can maintain stability under a wide range of formula conditions; Food grade usually means that it meets the quality requirements of food additives or food ingredients in terms of purity, heavy metals, microorganisms, residual solvents, and impurity spectra, and is accompanied by batch testing and traceable documents; In food applications, it is commonly used in beverages, candies, baking, seasonings, and functional products. Its main functions include providing a licorice like sweetness, improving aftertaste, masking bitterness, enhancing flavor thickness, and synergistically increasing sweetness with other sweetness systems. It is also commonly used to reduce the amount of sucrose in some formulas and improve taste hierarchy.In 2025, global Food Grade Monopotassium Glycyrrhizinate production reached approximately 207 MT, with an average global market price of around US$ 139 per kg.
The annual production capacity of food grade potassium glycyrrhizinate is 300 tons, with a gross profit margin of about 30%.
Upstream includes the procurement of licorice raw materials or extracts, potassium sources such as potassium hydroxide, solvents and adsorption materials, and filtration media.
The downstream mainly enters the formulation systems of beverages, candies and chewing gum, baking, seasonings, and functional foods, which are used to provide licorice like sweetness, improve aftertaste, and mask bitterness, and are often used as part of complex sweetness and flavor systems.
The raw material side usually accounts for 55% to 75% of the total cost, utilities and energy consumption account for about 6% to 12%, solvents and adsorption filtration materials account for about 3% to 8%, labor and manufacturing costs account for about 4% to 8%, depreciation and maintenance account for about 3% to 7%, and quality inspection compliance documents and packaging warehousing logistics account for about 6% to 15%.
This report is a detailed and comprehensive analysis for global Food Grade Monopotassium Glycyrrhizinate market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Food Grade Monopotassium Glycyrrhizinate market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Kg), 2021-2032
Global Food Grade Monopotassium Glycyrrhizinate market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Kg), 2021-2032
Global Food Grade Monopotassium Glycyrrhizinate market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Kg), 2021-2032
Global Food Grade Monopotassium Glycyrrhizinate market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Kg), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Food Grade Monopotassium Glycyrrhizinate
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Food Grade Monopotassium Glycyrrhizinate market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Alps Pharmaceutical, VITAL-CHEM, ATP Glycyrrhizinate Center, Tiansheng Pharmaceutical, Fanzhi Pharmaceutical, Xinjiang Long Hui Yuan Pharmaceutical, Qinghai Blicsweet Licorice Technology Development, Zhuhai Jinghao Biological-tech, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Food Grade Monopotassium Glycyrrhizinate market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Content≥60%
Content≥90%
Market segment by Source
Naturally Extracted
Synthesis
Market segment by Application
Beverages & Candy
Baked Goods
Grain Products
Condiment
Other
Major players covered
Alps Pharmaceutical
VITAL-CHEM
ATP Glycyrrhizinate Center
Tiansheng Pharmaceutical
Fanzhi Pharmaceutical
Xinjiang Long Hui Yuan Pharmaceutical
Qinghai Blicsweet Licorice Technology Development
Zhuhai Jinghao Biological-tech
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Food Grade Monopotassium Glycyrrhizinate product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Food Grade Monopotassium Glycyrrhizinate, with price, sales quantity, revenue, and global market share of Food Grade Monopotassium Glycyrrhizinate from 2021 to 2026.
Chapter 3, the Food Grade Monopotassium Glycyrrhizinate competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Food Grade Monopotassium Glycyrrhizinate breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Food Grade Monopotassium Glycyrrhizinate market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Food Grade Monopotassium Glycyrrhizinate.
Chapter 14 and 15, to describe Food Grade Monopotassium Glycyrrhizinate sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Food Grade Monopotassium Glycyrrhizinate. Industry analysis & Market Report on Food Grade Monopotassium Glycyrrhizinate is a syndicated market report, published as Global Food Grade Monopotassium Glycyrrhizinate Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Food Grade Monopotassium Glycyrrhizinate market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.