Global Licorice Extract
Market Report
2024
Licorice Extract Market Report 2024 (Global Edition)
Delivery Includes:- Market Timeline 2019 till 2031, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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Global Licorice Extract Market Report 2024 Market Size Split by Grade (Pharmaceutical, Food, Feed), by Form (Liquid, Powder, Block), by Application (Food & beverages, Pharmaceutical, Tobacco)
According to cognitive market research, the global licorice extract market size was valued at USD xx billion in 2024 and is expected to reach USD xx billion at a CAGR of xx% during the forecast period.
- Herbal licorice extract is made from organically and wild-grown Glycyrrhiza glabra licorice roots.
- North America dominates the market for licorice extract and held the highest CAGR in the forecast period.
- The Asia-Pacific region expanding at the fastest CAGR during the forecast period. Asia Pacific licorice extract market size reached USD xx million in 2024.
- Europe's market for licorice extract is expanding quickly as more and more consumers seek all-natural solutions to enhance their health.
- The market for licorice extract in Latin America is uncertain going forward. Due to the region's heavy reliance on imports, commodity prices can fluctuate dramatically, which affects the business.
- In response to the market for licorice extract, the Middle East and Africa (MEA) are spending money on R&D to raise the caliber of their goods.
| Base Year | 2023 |
| Historical Data Time Period | 2019-2023 |
| Forecast Period | 2024-2031 |
| Global Licorice Extract Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.72% |
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| Market Split by Grade |
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| Market Split by Form |
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| Market Split by Application |
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| List of Competitors |
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| Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Licorice Extract Market Report Description
Introduction of the Licorice Extract
Herbal licorice extract is made from organically and wild-grown Glycyrrhiza glabra licorice roots. The licorice root pulp is boiled to provide this fragrant, sweet concoction. It is frequently used as a natural sweetener and flavoring agent in sweets, drinks, and medications. It comes in paste, liquid, block, and powdered forms. It helps cure menopausal symptoms, acid reflux, hot flashes, heartburn, and bacterial and viral infections. It also has a variety of anti-inflammatory, anticancer, antibacterial, and antioxidant qualities. Additionally, licorice extract helps heal peptic ulcers and hepatitis C, prevents cavities, raises blood sugar levels, and encourages weight reduction. Because of this, it is widely used in a variety of sectors, including food, cosmetics, pharmaceuticals, cosmetics, and food and beverage. Licorice root is often used as a sweetener in beverages, candy, and medicine. It is 50 times sweeter than sugar but provides health benefits that sugar does not. Licorice root contains over 300 chemical compounds and flavonoids. Glycyrrhizin, the most active chemical compound found in licorice, has been studied for its medicinal properties. This powerful phytochemical has been proven to reduce body fat, heal stomach ulcers, and fight infections. Multiple studies have shown that licorice root prevents and treats ulcers. It does this by increasing mucus production in the stomach and soothing the stomach lining. Licorice also increases the blood supply to the stomach, which promotes healing.
Market Dynamics of the Licorice Extract Market
Key Drivers of the Licorice Extract Market
- Growing applications of natural ingredients in daily usage will propel the market growth
Growing health concerns are one of the main factors driving the market for plant-based ingredients. As a result, consumers are looking for food and beverage products with natural ingredients free of added sugar and artificial flavors, among other things. Because of these ingredients' flavor and functional qualities, licorice extract is becoming increasingly used in a variety of industrial sectors, including dairy, baking, beverages, and dietary supplements. This growth has been fueled by increased imports to numerous countries during the review period. Concerns over the harmful effects of synthetic materials and the rise in allergies in food and cosmetic goods have led to a trend towards products comprised of natural, organic components.
• For instance, according to the International Food Information Council (IFIC), 48% of participants in a survey conducted in the United States, in 2021, stated that they prefer to buy products with all-natural flavors.
(Source:https://foodinsight.org/wp-content/uploads/2022/05/IFIC-2022-Food-and-Health-Survey-Report.pdf )
- The multiple benefits of the product will expand the market
Licorice roots and extracts have been used for thousands of years, mostly in Asia, to cure a wide range of ailments, such as gastrointestinal problems, respiratory problems, and inflammation. Licorice contains about 300 compounds, some of which are anti-inflammatory, anti-viral, and anti-microbial. Licorice was a frequent cure for coughs, bronchitis, fever, asthma, stomach ulcers, toothaches, indigestion, and heartburn. This drug has recently been used to treat skin infections, cancer-related memory loss, and hepatitis C. Because of licorice extracts' advantages for the pharmaceutical industry, they are frequently found in over-the-counter drugs, cough syrups, and lozenges. The need for licorice extracts in a variety of applications is increased by these advantages.
• For instance, in November 2021, Givaudan expanded the Nordic Experience Centre in Malmo, Sweden. According to the company, the new facility would create more opportunities for co-creation with Nordic customers, helping accelerate innovation and enhancing Givaudan's ability to tailor food and beverages according to local trends and preferences.
(Source:https://www.givaudan.com/media/trade-media/2021/givaudan-opens-nordic-experience-centre-in-sweden )
Restraints of the Licorice Extract Market
- Severe side effects from the extract may hamper the market
A portion of the global population may be susceptible to the effects of licorice, which can manifest as a range of symptoms such as hypertensive encephalopathy, hypokalemic myopathy, erectile dysfunction, congestive heart failure, absence of menstruation, erectile dysfunction, excess fluid in the lungs, headaches, lethargy, muscle wasting, effects of mineralocorticoids, swelling, tiredness, weakness, etc. Research claims that those who consume large amounts of salt or 5–6 grams of licorice may have these issues. As a result, even while licorice extract is regarded as safe as a food component, it could have the adverse consequences listed above. As a result, it hinders the expansion of the worldwide licorice extract market during the duration of the projection.
• For instance, a dose of 800 milligrams (mg) or more of licorice root per day has been linked to low potassium levels.
(Source:https://www.verywellhealth.com/the-benefits-of-licorice-root-89727 )
Opportunities of the Licorice Extract Market
- Increasing demand from the cosmetics and personal care industry provides a lucrative opportunity
People are becoming more conscious of how to enhance and improve their overall attractiveness, which is driving up demand for cosmetics and personal care goods. In addition, there is a growing market for beauty products with active ingredients and other ingredients to highlight the different aspects of skin. Because of its many advantages, licorice is becoming more and more popular as an ingredient in cosmetics and personal hygiene products. Some of these benefits include flushing women's skin, reducing redness brought on by dirty or poorly cared for skin, and so on. Therefore, the growing need for licorice extracts from the personal care and cosmetics sector is anticipated to present a profitable potential for the expansion of the worldwide licorice extract market over the forecast period.
• For instance, Sabinsa Cosmetics is a manufacturer of organic intermediates and fine chemicals for Personal Care and Cosmetics. Licorice Extract 40% CA by Sabinsa Cosmetics is comprised of Glycyrrhiza Glabra (Licorice) Root Extract. It is commonly used as a lightening Agent and Anti Inflammatory Agent for a variety of applications in Skin Care.
(Source:https://www.knowde.com/stores/sabinsa-cosmetics/products/licorice-extract-40-ca )
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Competitive Landscape: Licorice Extract Market
Many companies are contending for a piece of the lucrative licorice extract industry, making it a very competitive scene. Sichuan Union Herb, Zhejiang Kangling, Hunan Huakang, Shaanxi Jiahe Phytochemicals, and Hebei Jingu are some of the major companies in the market. When it comes to product offers, costs, and marketing initiatives, these businesses are in fierce rivalry with one another. Businesses are turning to aggressive marketing efforts and product innovation to obtain a competitive edge. As an example, Sichuan Union Herb recently introduced a new licorice extract product that is supposed to work better than its rivals. In the upcoming years, there will likely be a sharp increase in demand for licorice extract due to the rising acceptance of herbal remedies and supplements.
Top Companies Market Share in Licorice Extract Industry: (In no particular order of Rank)
- Mafco Worldwide LLC
- Maruzen Pharmaceuticals Co. Ltd
- Norevo GmbH
- Shaanxi Fujie Pharmaceutical Co Ltd
- C.E. Roeper GmbH
- Glycyrrhiza Glabra Co. Ltd
- Zagros Licorice Co.
- Zelang Group
- VPL Chemicals PVT Ltd.
- SepidanOsareh Co.
- F & C Licorice
- Ransom Naturals
- BGG World
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Which Region will dominate the Market in 2024?
North America dominates the market for licorice extract and held the highest CAGR in the forecast period. North American consumers are becoming pickier about the natural and practical components in the food, drinks, and personal care items they buy. Licorice extract is becoming more and more in demand as a desired component due to its inherent sweetness and several health advantages, such as its anti-inflammatory and antioxidant qualities. Because of this, licorice-based products are becoming more and more popular in these areas across a variety of industries, including food and beverage, medicines, and cosmetics. Sales of licorice extracts are increasing in the region due to the growing number of health-conscious customers as well as the growing desire for organic products, particularly among millennials. Additionally, as licorice extract may be used as a natural sweetener, the market is predicted to expand due to the rising incidence of numerous chronic conditions including diabetes and obesity. It is also anticipated that possibilities for regional manufacturers would arise from the increased spending on research and development operations.
Which Region is Expanding at the Fastest CAGR?
The Asia-Pacific region expanding at the fastest CAGR during the forecast period. Asia Pacific licorice extract market size reached USD xx million in 2024. Licorice extract and medications containing licorice are produced in large quantities in China. The nation's aging population, rising healthcare costs, and increased interest in natural and herbal therapies are all contributing to the explosive expansion of the pharmaceutical and herbal businesses. The market demand is further stimulated by the fact that licorice extract is an essential component of several medicinal formulations, such as syrups, pills, and herbal teas.
The current report Scope analyzes Licorice Extract Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
- North America (United States, Canada, Mexico)
- Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
- Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
- South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
- Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)
Licorice Extract Market Share (%) by Region (2019-2031)
The above graph is for illustrative purposes only.
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Licorice Extract Market Analysis
Global Licorice Extract Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Licorice Extract Industry growth. Licorice Extract market has been segmented with the help of its Grade, Form Application, and others. Licorice Extract market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Licorice Extract Market Grade Segment Analysis
- Pharmaceutical
- Food
- Feed
The pharmaceutical grade section is projected to advance at a CAGR of xx% and holds the largest market share. Licorice extract of pharmaceutical quality is frequently used in cough syrups, lotions, pills, and cosmetics. It eases indigestion and acid reflux in addition to relieving sore throats. In the pharmaceutical industry, licorice extract is used as a powder and liquid component in tablets, lotions, ointments, syrups, and cosmetics. Licorice extract is a common ingredient in eczema and acne treatments and cosmetics. The growing popularity of natural and herbal products will soon lead to an increase in the need for licorice extracts. Given that it is the most effective in treating a variety of conditions, including indigestion, eczema, acne, and sore throats, it is anticipated that demand for this extract will rise in the coming years, hence favorably influencing the size of the licorice extract market.
• For instance, Noscough is a natural syrup (containing noscapine and licorice extract) used as an antitussive medication. Based on these reasons, the use of Noscough may be a safe and effective option for the treatment of COVID-19 cough.
(Source:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9981666/#:~:text=Noscough%C2%AE%20syrup%20consists%20of,et%20al.%2C%202020). )
Licorice Extract Market Share (%) by Grade in 2019-2031
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Licorice Extract Industry. Request a Free Sample PDF!
Licorice Extract Market Form Segment Analysis
- Liquid
- Powder
- Block
The powder section is projected to advance at a CAGR of xx% and hold the largest market share. Licorice extract powder is made by spray-drying the extract till it turns into a fine powder. It is a multipurpose, low-dust powder. Powdered licorice extract is mostly used as a component in the pharmaceutical sector to make natural pills and tablets. It is also one of the ingredients in powdered herbal tea and health drinks. As a result, it can be predicted that the Licorice Extract Market will expand and finally create a lucrative market perspective owing to its widespread use by various businesses and the inclusion of this particular form in several sectors to generate a broad range of goods.
• For instance, In January 2021, Mafco launched a category-specific, multi-tasking Magna-Brand product that addresses flavor-formulation problems. According to the company, selective compounding is some of the most cost-effective and productive for Taste Modulation.
(Source:https://mafco.com/ )
Licorice Extract Market Share (%) by Form in 2019-2031
2019
2023
2031
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Licorice Extract Application Segment Analysis
The pharmaceutical sector is projected to advance at a CAGR of xx% and hold the largest market share. Countries such as India and China have been using the root of the licorice plant for medicinal reasons since ancient times. Licorice plant extract is also often used in contemporary pharmaceuticals and treatments. It is widely used as a medication to treat ailments including acid reflux, heartburn, indigestion, inflammation, coughs, colds, and infections. It comes in tablet or syrup form. Licorice extract is utilized in medication formulations to relieve sore throats and upset stomachs. In Asia-Pacific countries, licorice extract is widely utilized in medicinal goods, and its use in Western countries is gradually increasing.
• For instance, in 2022, an investigation conducted by Gnanasekar Munirathinam and his research team of the molecular mechanisms of the chemical glycyrrhizin, derived from licorice, for the prevention or treatment of cancer reveals that additional studies could result in particular medications for use in clinical practice.
(Source:https://today.uic.edu/researchers-look-to-licorice-for-promising-cancer-treatments/)
- Food & beverages
- Pharmaceutical
- Tobacco
Author's Detail
Manoj PhagareSenior Research Analyst at Cognitive Market Research
• Worked on several market, industry & business research projects, on various models such as Syndicated, Custom, Subscriptions and Consults
• Proficient in secondary research and familiar with all paid research databases
• Proficient in primary research and handling client queries through mails and calls
• Expertise in statistical techniques used in data forecasting, possess strong grip on all aspects of market engineering & data analysis
• Expertise in checking feasibility of projects based on Request for Proposal (RFPs) of clients
• Acquainted with entire process of report writing- Title Analysis, TOC Building, Search Engine Optimization, TOC Freezing, Writing Reports, Market Engineering, Scheduling Primaries, Directory of Key Industry Participants (DKIP), Drafting “Press Articles/Summary/Report Description/Analyst Briefing” used for making marketing collaterals
• Gained team-work skills in coordinating with the sales teams for business development and meeting needs of a variety of clients hand-in-hand with promoting sales.
Manoj Phagare is a dynamic and results-driven research analyst with a passion for transforming raw data into actionable insights. Armed with a solid foundation in market research and data analysis and working in various domains including chemical & materials and paints & coatings. He thrive on the challenge of uncovering patterns, trends, and opportunities that drive strategic decision-making.His analytical mindset, coupled with effective communication skills, allows him to bridge the gap between data analysis and practical business applications.
In his current role, Manoj is a key player in market research and competitive analysis. He have a proven track record of synthesizing disparate data sources, employing statistical models, and delivering comprehensive insights. He have played a pivotal role in shaping evidence-based strategies that fueled the success of key business initiatives and Collaborating with cross-functional teams.Manoj remains an invaluable asset in the dynamic landscape of market research.
Author's Conclusion
Herbal licorice extract is made from organically and wild-grown Glycyrrhiza glabra licorice roots. Licorice plant extract is also often used in contemporary pharmaceuticals and treatments. It is widely used as a medication to treat ailments including acid reflux, heartburn, indigestion, inflammation, coughs, colds, and infections. It comes in tablet or syrup form. The market demand is further stimulated by the fact that licorice extract is an essential component of several medicinal formulations, such as syrups, pills, and herbal teas. Many companies are contending for a piece of the lucrative licorice extract industry, making it a very competitive scene.
Frequently Asked Questions
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Latest News about Licorice Extract Market
Sources from Chemical & Materials Industry
- https://www.acauk.org/
- https://www.americanchemistry.com/
- https://bama.co.uk/
- https://www.basa.uk.com/
- https://www.bceca.org.uk/
- https://coatings.org.uk/?
- https://www.bpf.co.uk/
- https://www.chemical.org.uk/
- https://www.chcs.org.uk/
- https://www.cia.org.uk/
- https://www.ctpa.org.uk/
- https://www.gpca.org.ae/
- https://www.icheme.org/
- https://www.iccta.org/
- https://www.raci.org.au/home
- https://www.rsc.org/
- https://www.soci.org/
- https://www.socma.org/
- https://www.wermac.org/materials/chemical_elements.html
- https://www.rsc.org/journals-books-databases/about-journals/industrial-chemistry-materials/
- https://ec.europa.eu/eurostat/statistics-explained/index.php?title=Archive:Chemicals_production_statistics
- https://pubs.acs.org/
- https://www.bls.gov/ooh/life-physical-and-social-science/chemists-and-materials-scientists.htm
- https://www.osha.gov/chemical-hazards
- https://www.ilo.org/global/topics/labour-administration-inspection/resources-library/publications/guide-for-labour-inspectors/harmful-chemical-and-biological-agents-substances/lang--en/index.htm
- https://www.americanchemistry.com/chemistry-in-america/data-industry-statistics
- https://www.nsf.gov/news/classroom/chemistry.jsp
- https://cen.acs.org/
- https://www.materialstoday.com/materials-chemistry/news/
- https://group.echemi.com/en/index.html
- https://www.technology.org/category/technologies/chemistry/
- https://www.cisa.gov/sites/default/files/publications/Chemical-Sector-Profile_Final%20508.pdf
Licorice Extract Market Report Table of Content
Disclaimer:
- This is just a redacted sample pages of the actual deliverable report and only for representative purposes
- Charts/Graphs/Numbers/data are only for Representative purposes and do not depict actual statistics.
- The table of Contents differs according to the user License selection. Current Displayed TOC is for the Corporate User License Report Edition. TOC Customization options: Add or Remove section/s Or chapter/s from the report.
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- If applicable; On Request Volume Data will also be provided (at an Additional Cost).
| Grade | Pharmaceutical, Food, Feed |
| Form | Liquid, Powder, Block |
| Application | Food & beverages, Pharmaceutical, Tobacco |
| List of Competitors | Mafco Worldwide LLC, Maruzen Pharmaceuticals Co. Ltd, Norevo GmbH, Shaanxi Fujie Pharmaceutical Co Ltd, C.E. Roeper GmbH, Glycyrrhiza Glabra Co. Ltd, Zagros Licorice Co., Zelang Group, VPL Chemicals PVT Ltd., SepidanOsareh Co., F & C Licorice, Ransom Naturals, BGG World |
This chapter will help you gain GLOBAL Market Analysis of Licorice Extract. Further deep in this chapter, you will be able to review Global Licorice Extract Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
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1.1 Global Licorice Extract Market Size, Trend Analysis 2019 - 2031
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1.2 Global Licorice Extract Market Size By Regions 2019 - 2031
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
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1.2.1 Global Licorice Extract Revenue Market Size By Region
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1.3 Global Licorice Extract Market Size By Grade 2019 -2031
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1.3.1 Pharmaceutical Market Size
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1.3.2 Food Market Size
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1.3.3 Feed Market Size
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1.4 Global Licorice Extract Market Size By Form 2019 -2031
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1.4.1 Liquid Market Size
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1.4.2 Powder Market Size
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1.4.3 Block Market Size
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1.5 Global Licorice Extract Market Size By Application 2019 -2031
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1.5.1 Food & beverages Market Size
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1.5.2 Pharmaceutical Market Size
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1.5.3 Tobacco Market Size
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1.6 Global Level Competitor Analysis (Subject to Data Availability (Private Players))
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1.7 Executive Summary Global Market (2019 vs 2024 vs 2031)
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
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1.7.1 Regional Market Revenue Summary 2019 vs 2024 vs 2031
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1.7.2 Global Market Revenue Split By Grade
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1.7.3 Global Market Revenue Split By Form
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1.7.4 Global Market Revenue Split By Application
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1.7.5 Global Market Dynamics, Trends, Drivers, Restraints, Opportunities
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
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Chapter 2 North America Market Analysis
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2.1 North America Licorice Extract Market Size 2019 - 2031
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2.1.1 North America Licorice Extract Market Size By Country 2019 - 2031
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2.1.2 North America Licorice Extract Market Size by Grade 2019 -2031
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2.1.2.1 North America Pharmaceutical Market Size
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2.1.2.2 North America Food Market Size
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2.1.2.3 North America Feed Market Size
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2.1.3 North America Licorice Extract Market Size by Form 2019 -2031
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2.1.3.1 North America Liquid Market Size
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2.1.3.2 North America Powder Market Size
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2.1.3.3 North America Block Market Size
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2.1.4 North America Licorice Extract Market Size by Application 2019 -2031
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2.1.4.1 North America Food & beverages Market Size
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2.1.4.2 North America Pharmaceutical Market Size
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2.1.4.3 North America Tobacco Market Size
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Chapter 3 Europe Market Analysis
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3.1 Europe Licorice Extract Market Size 2019 - 2031
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3.1.1 Europe Licorice Extract Market Size By Country 2019 - 2031
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3.1.2 Europe Licorice Extract Market Size by Grade 2019 -2031
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3.1.2.1 Europe Pharmaceutical Market Size
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3.1.2.2 Europe Food Market Size
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3.1.2.3 Europe Feed Market Size
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3.1.3 Europe Licorice Extract Market Size by Form 2019 -2031
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3.1.3.1 Europe Liquid Market Size
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3.1.3.2 Europe Powder Market Size
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3.1.3.3 Europe Block Market Size
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3.1.4 Europe Licorice Extract Market Size by Application 2019 -2031
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3.1.4.1 Europe Food & beverages Market Size
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3.1.4.2 Europe Pharmaceutical Market Size
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3.1.4.3 Europe Tobacco Market Size
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Chapter 4 Asia Pacific Market Analysis
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4.1 Asia Pacific Licorice Extract Market Size 2019 - 2031
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4.1.1 Asia Pacific Licorice Extract Market Size By Country 2019 - 2031
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4.1.2 Asia Pacific Licorice Extract Market Size by Grade 2019 -2031
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4.1.2.1 Asia Pacific Pharmaceutical Market Size
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4.1.2.2 Asia Pacific Food Market Size
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4.1.2.3 Asia Pacific Feed Market Size
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4.1.3 Asia Pacific Licorice Extract Market Size by Form 2019 -2031
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4.1.3.1 Asia Pacific Liquid Market Size
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4.1.3.2 Asia Pacific Powder Market Size
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4.1.3.3 Asia Pacific Block Market Size
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4.1.4 Asia Pacific Licorice Extract Market Size by Application 2019 -2031
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4.1.4.1 Asia Pacific Food & beverages Market Size
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4.1.4.2 Asia Pacific Pharmaceutical Market Size
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4.1.4.3 Asia Pacific Tobacco Market Size
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Chapter 5 South America Market Analysis
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5.1 South America Licorice Extract Market Size 2019 - 2031
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5.1.1 South America Licorice Extract Market Size By Country 2019 - 2031
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5.1.2 South America Licorice Extract Market Size by Grade 2019 -2031
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5.1.2.1 South America Pharmaceutical Market Size
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5.1.2.2 South America Food Market Size
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5.1.2.3 South America Feed Market Size
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5.1.3 South America Licorice Extract Market Size by Form 2019 -2031
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5.1.3.1 South America Liquid Market Size
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5.1.3.2 South America Powder Market Size
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5.1.3.3 South America Block Market Size
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5.1.4 South America Licorice Extract Market Size by Application 2019 -2031
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5.1.4.1 South America Food & beverages Market Size
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5.1.4.2 South America Pharmaceutical Market Size
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5.1.4.3 South America Tobacco Market Size
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Chapter 6 Middle East and Africa Market Analysis
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6.1 Middle East and Africa Licorice Extract Market Size 2019 - 2031
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6.1.1 Middle East and Africa Licorice Extract Market Size By Country 2019 - 2031
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6.1.2 Middle East and Africa Licorice Extract Market Size by Grade 2019 -2031
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6.1.2.1 Middle East and Africa Pharmaceutical Market Size
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6.1.2.2 Middle East and Africa Food Market Size
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6.1.2.3 Middle East and Africa Feed Market Size
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6.1.3 Middle East and Africa Licorice Extract Market Size by Form 2019 -2031
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6.1.3.1 Middle East and Africa Liquid Market Size
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6.1.3.2 Middle East and Africa Powder Market Size
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6.1.3.3 Middle East and Africa Block Market Size
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6.1.4 Middle East and Africa Licorice Extract Market Size by Application 2019 -2031
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6.1.4.1 Middle East and Africa Food & beverages Market Size
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6.1.4.2 Middle East and Africa Pharmaceutical Market Size
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6.1.4.3 Middle East and Africa Tobacco Market Size
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Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
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7.1 Country 1 Market Analysis
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7.1.1 Country 1Licorice Extract Market Size by Grade 2019 -2031
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7.1.2 Country 1Licorice Extract Market Size by Form 2019 -2031
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7.1.3 Country 1Licorice Extract Market Size by Application 2019 -2031
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7.2 Country 2 Market Analysis
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7.2.1 Segmentation Analysis will be provided as shown for Country 1
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7.3 Country 3 Market Analysis
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7.3.1 Segmentation Analysis will be provided as shown for Country 1
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7.4 Country 4 Market Analysis
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7.4.1 Segmentation Analysis will be provided as shown for Country 1
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7.5 Country 5 Market Analysis
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7.5.1 Segmentation Analysis will be provided as shown for Country 1
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7.6 Country 6 Market Analysis
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7.6.1 Segmentation Analysis will be provided as shown for Country 1
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7.7 Country 7 Market Analysis
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7.7.1 Segmentation Analysis will be provided as shown for Country 1
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7.8 Country 8 Market Analysis
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7.8.1 Segmentation Analysis will be provided as shown for Country 1
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7.9 Country 9 Market Analysis
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7.9.1 Segmentation Analysis will be provided as shown for Country 1
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7.10 Country 10 Market Analysis
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7.10.1 Segmentation Analysis will be provided as shown for Country 1
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Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
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8.1 Top Competitors Analysis
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8.1.1 Top Players Ranking 2022
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8.1.2 Global Licorice Extract Market Revenue and Share by Manufacturers (2019-2023)
(Subject to Data Availability (Private Players))
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8.1.3 Industry Mergers and Acquisition Analysis
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8.1.4 New Product Launch Analysis
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8.2 Company Profile (Data Subject to Availability)
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8.2.1 Mafco Worldwide LLC
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
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8.2.1.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
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8.2.1.2 Business Overview
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8.2.1.3 Financials (Subject to data availability)
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8.2.1.4 Product Types Specification
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8.2.1.5 Business Strategy
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8.2.1.6 S.W.O.TAnalysis
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8.2.2 Maruzen Pharmaceuticals Co. Ltd
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
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8.2.2.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
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8.2.2.2 Business Overview
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8.2.2.3 Financials (Subject to data availability)
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8.2.2.4 Product Types Specification
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8.2.2.5 Business Strategy
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8.2.2.6 S.W.O.TAnalysis
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8.2.3 Norevo GmbH
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
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8.2.3.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
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8.2.3.2 Business Overview
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8.2.3.3 Financials (Subject to data availability)
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8.2.3.4 Product Types Specification
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8.2.3.5 Business Strategy
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8.2.3.6 S.W.O.TAnalysis
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8.2.4 Shaanxi Fujie Pharmaceutical Co Ltd
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
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8.2.4.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
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8.2.4.2 Business Overview
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8.2.4.3 Financials (Subject to data availability)
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8.2.4.4 Product Types Specification
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8.2.4.5 Business Strategy
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8.2.4.6 S.W.O.TAnalysis
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8.2.5 C.E. Roeper GmbH
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
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8.2.5.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
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8.2.5.2 Business Overview
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8.2.5.3 Financials (Subject to data availability)
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8.2.5.4 Product Types Specification
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8.2.5.5 Business Strategy
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8.2.5.6 S.W.O.TAnalysis
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8.2.6 Glycyrrhiza Glabra Co. Ltd
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
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8.2.6.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
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8.2.6.2 Business Overview
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8.2.6.3 Financials (Subject to data availability)
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8.2.6.4 Product Types Specification
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8.2.6.5 Business Strategy
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8.2.6.6 S.W.O.TAnalysis
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8.2.7 Zagros Licorice Co.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
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8.2.7.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
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8.2.7.2 Business Overview
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8.2.7.3 Financials (Subject to data availability)
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8.2.7.4 Product Types Specification
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8.2.7.5 Business Strategy
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8.2.7.6 S.W.O.TAnalysis
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8.2.8 Zelang Group
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
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8.2.8.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
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8.2.8.2 Business Overview
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8.2.8.3 Financials (Subject to data availability)
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8.2.8.4 Product Types Specification
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8.2.8.5 Business Strategy
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8.2.8.6 S.W.O.TAnalysis
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8.2.9 VPL Chemicals PVT Ltd.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
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8.2.9.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
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8.2.9.2 Business Overview
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8.2.9.3 Financials (Subject to data availability)
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8.2.9.4 Product Types Specification
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8.2.9.5 Business Strategy
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8.2.9.6 S.W.O.TAnalysis
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8.2.10 SepidanOsareh Co.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
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8.2.10.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
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8.2.10.2 Business Overview
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8.2.10.3 Financials (Subject to data availability)
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8.2.10.4 Product Types Specification
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8.2.10.5 Business Strategy
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8.2.10.6 S.W.O.TAnalysis
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8.2.11 F & C Licorice
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
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8.2.11.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
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8.2.11.2 Business Overview
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8.2.11.3 Financials (Subject to data availability)
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8.2.11.4 Product Types Specification
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8.2.11.5 Business Strategy
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8.2.11.6 S.W.O.TAnalysis
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8.2.12 Ransom Naturals
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
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8.2.12.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
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8.2.12.2 Business Overview
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8.2.12.3 Financials (Subject to data availability)
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8.2.12.4 Product Types Specification
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8.2.12.5 Business Strategy
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8.2.12.6 S.W.O.TAnalysis
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8.2.13 BGG World
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
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8.2.13.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
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8.2.13.2 Business Overview
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8.2.13.3 Financials (Subject to data availability)
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8.2.13.4 Product Types Specification
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8.2.13.5 Business Strategy
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8.2.13.6 S.W.O.TAnalysis
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Chapter 9 Qualitative Analysis (Subject to Data Availability)
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9.1 Market Drivers
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9.2 Market Trends
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9.3 Market Restraints
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9.4 Market Opportunity
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9.5 Product Life Cycle (Subject to Data Availability)
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9.6 Industrial Chain Analysis (Subject to Data Availability)
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9.6.1 Industry Chain Analysis
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9.6.2 Manufacturing Cost Analysis
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9.6.3 Consumer Preference Analysis
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9.6.4 Supply Side Analysis
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9.6.4.1 Raw Material Analysis
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9.6.4.2 Raw Material Procurement Analysis
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9.6.4.3 Raw Material Price Trend Analysis
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9.7 Market Attractiveness Analysis
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9.8 PESTEL Analysis
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9.9 Porter’s Five Forces Analysis
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9.10 Patent Analysis (Subject to Data Availability)
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9.11 ESG Analysis
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9.12 Technological Road Map
Segmentation Grade Analysis 2019 -2031, will provide market size split by Grade. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Grade Analysis 2019 -2031
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10.1 Pharmaceutical
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10.1.1 Global Licorice Extract Revenue Market Size and Share by Pharmaceutical 2019 -2031
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10.2 Food
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10.2.1 Global Licorice Extract Revenue Market Size and Share by Food 2019 -2031
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10.3 Feed
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10.3.1 Global Licorice Extract Revenue Market Size and Share by Feed 2019 -2031
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The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Form Analysis 2019 -2031
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11.1 Liquid
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11.1.1 Global Licorice Extract Revenue Market Size and Share by Liquid 2019 - 2031
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11.2 Powder
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11.2.1 Global Licorice Extract Revenue Market Size and Share by Powder 2019 - 2031
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11.3 Block
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11.3.1 Global Licorice Extract Revenue Market Size and Share by Block 2019 - 2031
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The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Application Analysis 2019 -2031
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12.1 Food & beverages
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12.1.1 Global Licorice Extract Revenue Market Size and Share by Food & beverages 2019 -2031
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12.2 Pharmaceutical
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12.2.1 Global Licorice Extract Revenue Market Size and Share by Pharmaceutical 2019 -2031
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12.3 Tobacco
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12.3.1 Global Licorice Extract Revenue Market Size and Share by Tobacco 2019 -2031
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This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Licorice Extract market
Chapter 13 Research Findings
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13.1 Key Takeaways
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13.2 Analyst Point of View
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
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13.3 Assumptions and Acronyms
Sample Format of Deliverables
The Tables, Graphs/Charts are only for representative purposes and do not depict actual statistics. Purchase full Report access to actual data.
Qualitative Analysis
Research Methodology Implemented by Manoj Phagare and Team
- 1.1 Licorice Extract Market Report 2024 Research Methodology
- 1.2 Systematic Research Approach
- 1.2.1 Primary Research for Licorice Extract Market
- 1.2.1.1 Key Data from Primary
- 1.2.1.2 Primary Interviews with Experts
- 1.2.1.3 Key Industry Insights
- 1.2.1.4 Questionnaire for Licorice Extract Market
- 1.2.1.5 Breakdown of Primaries
- 1.2.2 Secondary Research for Licorice Extract Market
- 1.2.2.1 Key Data from Secondary
- 1.2.2.2 Paid Sources
- 1.2.2.3 Public Sources
- 1.3 Market Size Estimation for Licorice Extract Market
- 1.3.1 Top-Down Approach
- 1.3.1.1 Analyzing Market Size by Top-Down Approach (Supply Side)
- 1.3.2 Bottom-UP Approach
- 1.3.2.1 Analyzing Market Size by Bottom-Up Approach (Demand Side)
- 1.3.1 Top-Down Approach
- 1.4 Market Breakdown and Data Triangulation
- 1.5 Research Assumptions for Licorice Extract Market
Key Questions Answered By Licorice Extract Market Report 2024
| Why Pharmaceutical have a significant impact on Licorice Extract market? |
| What are the key factors affecting the Pharmaceutical and Food of Licorice Extract Market? |
| What is the CAGR/Growth Rate of Liquid during the forecast period? |
| By type, which segment accounted for largest share of the global Licorice Extract Market? |
| Which region is expected to dominate the global Licorice Extract Market within the forecast period? |
| Segmentation Level Customization |
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| Global level Data Customization |
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| Region level Data Customization |
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| Country level Data Customization |
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| Company Level |
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| Additional Data Analysis |
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| Additional Qualitative Data |
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| Additional Quantitative Data |
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| Service Level Customization |
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Report Format Alteration |
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