Dipotassium glycyrrhizinate (DPG) has a large market space, and the pharmaceutical field is its main demand end.

Dipotassium glycyrrhizinate (DPG) is an organic compound with the molecular formula C42H60K2O16. Dipotassium glycyrrhizinate appears as a white powder with a special sweet taste. It is soluble in water, propylene glycol and glycerol, and slightly soluble in ether and absolute ethanol. Dipotassium glycyrrhizinate has the characteristics of safety, non-toxicity, low heat energy and good water solubility. It is widely used in food processing, medicine, cosmetics, daily chemicals and other fields.

Licorice is the main raw material of dipotassium glycyrrhizate. Licorice belongs to the legume family and is mainly distributed in Shandong, Gansu, Shaanxi, Xinjiang, Qinghai and other places in my country. Licorice has the effects of eliminating phlegm and relieving cough, tonifying the spleen and replenishing qi. As a commonly used traditional Chinese medicine, it is suitable for people with weak spleen and stomach. my country is a major producer and exporter of licorice. However, due to over-exploitation, wild licorice resources are decreasing year by year. In addition, the production capacity of artificial licorice is low. The overall supply of licorice in my country is in short supply, which brings certain challenges to the development of the dipotassium glycyrrhizinate industry.

The main preparation methods of dipotassium glycyrrhizinate include the glycyrrhizic acid ethanol method and the licorice extraction method. The glycyrrhizic acid ethanol method refers to using ethanol and glycyrrhizic acid as the main raw materials. The two are first stirred and dissolved, and then mixed with a potassium hydroxide aqueous solution. After filtration, drying and other processes, dipotassium glycyrrhizinate is finally obtained. This method has production costs. It has the advantages of low cost, simple operation, and high production efficiency; the licorice extraction method uses licorice as the main raw material, adds potassium carbonate after extraction, and obtains the finished product through a neutralization reaction. This method has higher production costs.

According to the “2023-2028 China Dipotassium Glycyrrhizate (DPG) Industry Market In-depth Research and Development Prospects Forecast Report》 shows that in terms of application fields, dipotassium glycyrrhizinate is widely used in the pharmaceutical field, with stomatitis ointments, eye drops, cancer treatment drugs, AIDS prevention and treatment drugs, gastric ulcer drugs, etc. as its end products. In the field of food processing, dipotassium glycyrrhizinate can be used as a flavoring agent, sweetener, preservative, etc. In the field of cosmetics, dipotassium glycyrrhizinate can be used to produce products such as sunscreen, freckle removers, skin care lotions and lotions. Driven by downstream demand, the market space for dipotassium glycyrrhizinate will further expand.

Shaanxi Fujie Pharmaceutical Co., Ltd., Xi’an Tianguangyuan Biotechnology Co., Ltd., Gansu Tianyu Biopharmaceutical Co., Ltd., Nanjing Songguan Biotechnology Co., Ltd., etc. are the main manufacturers of dipotassium glycyrrhizinate in my country. At present, my country’s dipotassium glycyrrhizinate market participants are mainly pharmaceutical companies, and the market competition pattern is relatively fragmented. In the future, attracted by market prospects, the number of companies in my country’s dipotassium glycyrrhizinate industry will further increase.

Industry analysts said that dipotassium glycyrrhizinate has excellent performance, strong demand in the pharmaceutical field, and good industry development prospects. In the future, with the continuous improvement of technological maturity, the production cost of dipotassium glycyrrhizinate in my country will be further reduced, and its output will increase. At present, the number of dipotassium glycyrrhizate manufacturers in my country is relatively small. As the industry’s prosperity improves, its market competition will become increasingly fierce.