The global Licorice Extract market was valued at US$ 895.2 million in 2022 and is projected to reach US$ 865.6 million by 2029, at a CAGR of -0.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Licorice extract comes from the licorice plant. The root of the plant is primarily used in preparing the extract, and the hard woody plant is pulped then boiled to further extract and refine the contents.

Licorice extract is a natural ingredient often found in both food and herbal medicine supplements. While the full medicinal effectiveness of licorice has not been completely tested, some benefits have been proven and others have enough support to warrant its inclusion in a number of supplements. Often found in teas and used in a number of different products as a flavoring ingredient, licorice extract can provide help in treating stomach issues such as heartburn, but does have some noteworthy side effects that should be considered.

This report aims to provide a comprehensive presentation of the global market for Licorice Extract, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Licorice Extract. This report contains market size and forecasts of Licorice Extract in global, including the following market information:

• Global Licorice Extract Market Revenue, 2018-2023, 2024-2029, ($ millions)
• Global Licorice Extract Market Sales, 2018-2023, 2024-2029, (MT)
• Global top five Licorice Extract companies in 2022 (%)

Global Licorice Extract key players include Magnasweet, ASEH, Zagros Licorice, Sepidan Osareh, Norevo GmbH, etc. Global top five players hold a share about 25%.

Europe is the largest market, with a share about 20%, followed by China and Japan, having a total share about 25 percent.

In terms of product, Food Gradeis the largest segment, with a share about 55%. And in terms of application, the largest application is Food Industry, followed by Pharmaceutical Industry, Cosmetic Industry, etc.

We surveyed the Licorice Extract manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks. Total Market by Segment:

Global Licorice Extract Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MT)

Global Licorice Extract Market Segment Percentages, by Type, 2022 (%)

• Pharmaceutical Grade
• Food Grade
• Feed Grade

Global Licorice Extract Market Segment Percentages, by Application, 2022 (%)

• Pharmaceutical
• Food
• Cosmetic
• Others

Global Licorice Extract Market Segment Percentages, By Region and Country, 2022 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Licorice Extract revenues in global market, 2018-2023 (Estimated), ($ millions)
• Key companies Licorice Extract revenues share in global market, 2022 (%)
• Key companies Licorice Extract sales in global market, 2018-2023 (Estimated), (MT)
• Key companies Licorice Extract sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Magnasweet
• ASEH
• Zagros Licorice
• Sepidan Osareh
• FandC Licorice
• Norevo GmbH
• Ransom Naturals
• Maruzen Pharmaceuticals
• MCFS
• Aushadhi Herbal
• Avestia Pharma
• VPL Chemicals
• Zelang
• Changyue
• Bokai

Chapter 1: Introduces the definition of Licorice Extract, market overview.

Chapter 2: Global Licorice Extract market size in revenue and volume.

Chapter 3: Detailed analysis of Licorice Extract manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Licorice Extract in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Licorice Extract capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

Table of content

1 Introduction to Research & Analysis Reports
1.1 Licorice Extract Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Licorice Extract Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Licorice Extract Overall Market Size
2.1 Global Licorice Extract Market Size: 2022 VS 2029
2.2 Global Licorice Extract Revenue, Prospects & Forecasts: 2018-2029
2.3 Global Licorice Extract Sales: 2018-2029
3 Company Landscape
3.1 Top Licorice Extract Players in Global Market
3.2 Top Global Licorice Extract Companies Ranked by Revenue
3.3 Global Licorice Extract Revenue by Companies
3.4 Global Licorice Extract Sales by Companies
3.5 Global Licorice Extract Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 Licorice Extract Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Licorice Extract Product Type
3.8 Tier 1, Tier 2 and Tier 3 Licorice Extract Players in Global Market
3.8.1 List of Global Tier 1 Licorice Extract Companies
3.8.2 List of Global Tier 2 and Tier 3 Licorice Extract Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Licorice Extract Market Size Markets, 2022 & 2029
4.

CONTACT US:
North Main Road Koregaon Park, Pune, India - 411001.
International: +1(646)-781-7170
Asia: +91 9169162030

Follow Us On linkedin :- https://www.linkedin.com/company/24chemicalresearch/