Liquorice Extract Market Scope
Liquorice (Glycyrrhiza glabra) is a millennia-old herb that has been used in the East. It's commonly used in sweets and confectionary, as well as to treat minor diseases including cough, constipation, and dyspepsia. Glabra Glycyrrhiza Linn is a plant with ethnopharmacological potential that is utilised in traditional medicine all throughout the world. Glycyrrhizin, glycyrrhizinic acid, glabrin A and B, and isoflavones are among the phytoconstituents found in it. Anti-inflammatory, anti-bacterial, anti-fungal, anti-diabetic, anti-viral, anti-ulcer, antitussive, anti-oxidant, skin whitening, and anti-diuretic properties are all effective. Herbal treatments, health goods, and pharmaceuticals are in high demand.
The Liquorice Extract market study is segmented by Type (Food Grade, Feed Grade and Pharmaceutical Grade), by Application (Pharmaceuticals, Skin Care Products, Horticulture and Others) and major geographies with country level break-up.
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Research Analyst at AMA estimates that Chinese Vendors will contribute to the maximum growth of Global Liquorice Extract market throughout the predicted period.
BGG World (United States), Glycyrrhiza Glabra Co., Ltd (Japan), Maruzen Pharmaceuticals Co., Ltd (China), C.E. Roeper GmbH (Germany), F&C Licorice Ltd (Israel), Mafco Worldwide LLC (United States), Norevo GmbH (Germany), Ransom Naturals (United Kingdom), Shaanxi Fujie Pharmaceutical Co, Ltd (China) and Zagros Licorice Co. (Iran) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Sanat Products Limited (India), HB Natural Ingredients (United States), Zelang Group (China), Sepidan Osareh Co. (Iran), Vpl Chemicals Pvt. Ltd (India) and Aushadhi Herbal (India).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Liquorice Extract market by Type, Application and Region.
On the basis of geography, the market of Liquorice Extract has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On 11th July, 2018 - HB Natural Ingredients (Leading Plant Based Ingredient Manufacturer) Invests in Stevia and Licorice Extracts to Achieve their Reformulation and NPD Objectives. HB's Product Line Includes a Wide Variety of stevia extracts, such as Rebaudioside D, and licorice Root Extracts, such as MAG (Mono-Ammonium Glycyrrhizinate).
- Increasing Demand for Herbal and Organic Products
- Multiple Health Benefits
- Surge in Demand for Healthcare and Cosmetics
- Growing Healthcare Infrastructure
- Low Penetration in Western Regions
- Side Effects and Adverse Rections
- Additional Costs Due to Taxes and Tariffs
Key Target AudienceLiquorice Extract Manufactures, New Entrants and Investors, Liquorice Extract Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
Frequently Asked Questions (FAQ):
1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Liquorice Extract Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.