Licorice flavonoids companies are not well-known, which is not conducive to the development of the industry
Licorice is a perennial herbaceous plant of the Leguminosae family and is one of the most common traditional Chinese medicines. Licorice flavonoids (LF), also known as glycyrrhizin, are natural substances extracted from the rhizomes of specific licorice varieties. They are generally light yellow or brown powder or insoluble in ethanol, propylene glycol and some organic solvents. In water and various oils, it has the functions of antioxidant, antibacterial and anti-inflammatory, improving vitality and delaying aging.
Licorice flavonoids are a high value-added product extracted from the dried roots and rhizomes of the leguminous plants Glycyrrhiza glabra, Glycyrrhiza glabra or Glycyrrhiza glabra. It has a wide range of uses and can be used in medicine, food, cosmetics and other fields. Stable market demand. From the perspective of downstream consumer markets, the main downstream applications of global licorice flavonoids include cosmetics, food, medicine and other fields. The cosmetics field is the most important downstream market for licorice flavonoids. Licorice flavonoids can be used in essences, creams, eye creams, facial masks, and lotions. , creams, lotions, etc., such as Swiss Falman Night Whitening and Regenerating Essence, French Helena Nourishing Cream, Chanel Luxurious Exquisite Cream, Estee Lauder Luxurious Platinum Whitening Cream, Korean Atomy Anti-freckle Essence, etc.
At present, the demand for licorice flavonoids in domestic medicine and food fields is small, mainly because of insufficient innovative research in this area. Medicines and food products using licorice flavonoids as raw materials have yet to be developed and expanded; the application of licorice flavonoids in the cosmetics industry is relatively small. There are many kinds of licorice flavonoids, and the dosage is relatively large. It is currently the main demand market for licorice flavonoids in China. From the perspective of production technology, due to the late start of the domestic licorice flavonoids industry, there are problems such as resource waste, high energy consumption, and low efficiency during the purification operation of licorice flavonoids. There is still a certain gap between the production technology and foreign countries.
At present, there are few licorice flavonoid manufacturers in the world, and they are mainly concentrated in European and American countries. Thanks to economic development, residents’ consumption levels have increased, which has promoted the rapid rise of China’s pharmaceutical and cosmetics industries, and its demand for licorice flavonoids has also continued to increase. As a result, China’s research and production of licorice flavonoids has become increasingly active. However, due to the immature application of licorice flavonoids in downstream fields such as medicine and cosmetics, there is currently less demand for licorice flavonoids in my country. There are not many production companies in the industry, and they are mainly small and medium-sized enterprises, distributed in East China, Central China, Northwest China and other regions. According to the “2023-2028 Licorice Flavonoids Industry Market In-depth Research and Investment Prospects Forecast Analysis Report” released by the Industrial Research Center, 2022 In 2017, China’s licorice flavonoid industry had a production capacity of 425 tons.
Industry analysts said that licorice flavonoids are natural ingredients extracted from licorice rhizomes, which have antibacterial, anti-inflammatory, antioxidant, and anti-aging properties. , scavenge oxygen free radicals and supplement a variety of beneficial ingredients. It is often used in medicine, health products, cosmetics and other fields. At present, my country’s licorice flavonoids production capacity and supply are large, but the demand is small. Europe, the United States, Japan and South Korea and other regions have greater demand for this product, and its market potential is huge. However, at present, there are few well-known brands in my country’s licorice flavonoids industry and their popularity in the international market is not high. Therefore, licorice flavonoids companies should increase brand building efforts, improve brand awareness, and expand foreign markets in the process of brand building, thereby driving Increase in industry sales.