Licorice Extract Comprehensive Study by Type (Food Grade, Pharmaceutical Grade), Application (Food and Beverages, Cosmetics and Personal Care, Dietary Supplements, Tobacco Products, Other Applications), Distribution Channel (Direct, Indirect), Form (Powder, Paste, Others) Players and Region - Global Market Outlook to 2030

Licorice Extract Market by XX Submarkets | Forecast Years 2024-2030 | CAGR: 6.2%  

  • Summary
  • Market Segments
  • Table of Content
  • List of Table & Figures
  • Players Profiled
About Licorice Extract
Licorice Extract has a sweet, aromatic flavouring which is extracted through Licorice or Glycyrrhiza glabra plant. The licorice flowering plant belongs to the bean family Fabaceae. The roots of Licorice are being used a popular medicative herb for hundreds of years. Licorice has compounds which possess excellent antiviral and antimicrobial properties. This is the reason the herb is effective against various diseases such as skin inflation, hepatitis C, tooth decay, stomach and gut problems among other major diseases. Increasing consciousness about health and growing popularity of natural herbs and ingredients has stimulated a growth in the licorice market. Several applications in processed food and beverages as well as pharmaceuticals too has had a positive effect on the market of licorice extract. Although, consumption of large doses of licorice may have serious implications on body as even noted by Food and drugs administration, USA. Such results may hamper the growth prospectus of the licorice market. Currently, Europe is expected to emerge as the leading market of licorice extract.

AttributesDetails
Study Period2018-2030
Base Year2023
UnitValue (USD Million)
CAGR6.2%


Increasing patients of major diseases such as stomach and gut problems, hepatitis C, inflation, skin problems, sore throat, etc. combined with growing popularity of natural herbs, and ingredients has led to the exponential growth of the licorice extract market over the last few years. Although health problems associated with over consumption of the licorice hampers its growth opportunities. Europe is currently expected to emerge as the leading market of licorice extract. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Licorice Extract market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.

Norevo GmbH (Germany), Zagros Licorice Co. (Iran), F and C Licorice Ltd. (Israel), MAFCO Worldwide LLC (United States), VPL Chemicals Private Limited (India), Naturex SA (France), C.E. Roeper GmbH (Germany), Maruzen Pharmaceuticals Co., Ltd (Japan), Shaanxi Fujie Pharmaceutical Co, Ltd (China) and HB Natural Ingredients (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Sanat Products Limited (India), Glycyrrhiza Glabra Co, Ltd. (Uzbekistan) and Aseh Co. (Iran).

Segmentation Overview
AMA Research has segmented the market of Global Licorice Extract market by Type (Food Grade and Pharmaceutical Grade), Application (Food and Beverages, Cosmetics and Personal Care, Dietary Supplements, Tobacco Products and Other Applications) and Region.



On the basis of geography, the market of Licorice 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). If we see Market by Distribution Channel, the sub-segment i.e. Direct will boost the Licorice Extract market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form, the sub-segment i.e. Powder will boost the Licorice Extract market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.

Influencing Trend:
Dietary Supplements Share Huge Popularity

Market Growth Drivers:
Rising Prevalence of Diseases such as Diabetes, Inflation, Digestion Problems among Others and Growing Consciousness about Benefits for Natural Sourced Ingredients on Health

Challenges:
Large Consumption of Licorice extract is Associated with Several Serious Medical Problems such as Irregular Heart Rhythm which may Hamper the Growth Prospectus

Restraints:
Presence of Adulterated Products in Market

Opportunities:
Cosmetics and Personal Care is a Rapidly Expanding Market due to Growing Consciousness about Appearance and Increasing Disposable Incomes

Market Leaders and their expansionary development strategies
In December 2019, Merisant Company and MAFCO Worldwide LLC announced a formal business combination. Merisant and MAFCO are operating subsidiaries of Flavors Holdings Inc., which is controlled by MacAndrews & Forbes Incorporated affiliates. Act II will merge with the companies of Merisant, MAFCO, and certain of their subsidiaries, subject to the terms and circumstances contained in the Purchase and Sale agreement.
In 2021, Mafco launched new category-specific, multi-tasking Magna-Brand products that find today's most challenging products. They have launched their latest multi-tasking Magna-Brand products that, by selective compounding, are some of the most productive and cost-effective for Taste Modulation.


Key Target Audience
Licorice Extract Manufacturers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industries

About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.

Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.

The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.

Report Objectives / Segmentation Covered

By Type
  • Food Grade
  • Pharmaceutical Grade
By Application
  • Food and Beverages
  • Cosmetics and Personal Care
  • Dietary Supplements
  • Tobacco Products
  • Other Applications
By Distribution Channel
  • Direct
  • Indirect

By Form
  • Powder
  • Paste
  • Others

By Regions
  • 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
  • 1. Market Overview
    • 1.1. Introduction
    • 1.2. Scope/Objective of the Study
      • 1.2.1. Research Objective
  • 2. Executive Summary
    • 2.1. Introduction
  • 3. Market Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. Rising Prevalence of Diseases such as Diabetes, Inflation, Digestion Problems among Others
      • 3.2.2. Growing Consciousness about Benefits for Natural Sourced Ingredients on Health
    • 3.3. Market Challenges
      • 3.3.1. Large Consumption of Licorice extract is Associated with Several Serious Medical Problems such as Irregular Heart Rhythm which may Hamper the Growth Prospectus
    • 3.4. Market Trends
      • 3.4.1. Dietary Supplements Share Huge Popularity
  • 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  • 5. Global Licorice Extract, by Type, Application, Distribution Channel, Form and Region (value) (2018-2023)
    • 5.1. Introduction
    • 5.2. Global Licorice Extract (Value)
      • 5.2.1. Global Licorice Extract by: Type (Value)
        • 5.2.1.1. Food Grade
        • 5.2.1.2. Pharmaceutical Grade
      • 5.2.2. Global Licorice Extract by: Application (Value)
        • 5.2.2.1. Food and Beverages
        • 5.2.2.2. Cosmetics and Personal Care
        • 5.2.2.3. Dietary Supplements
        • 5.2.2.4. Tobacco Products
        • 5.2.2.5. Other Applications
      • 5.2.3. Global Licorice Extract by: Distribution Channel (Value)
        • 5.2.3.1. Direct
        • 5.2.3.2. Indirect
      • 5.2.4. Global Licorice Extract by: Form (Value)
        • 5.2.4.1. Powder
        • 5.2.4.2. Paste
        • 5.2.4.3. Others
      • 5.2.5. Global Licorice Extract Region
        • 5.2.5.1. South America
          • 5.2.5.1.1. Brazil
          • 5.2.5.1.2. Argentina
          • 5.2.5.1.3. Rest of South America
        • 5.2.5.2. Asia Pacific
          • 5.2.5.2.1. China
          • 5.2.5.2.2. Japan
          • 5.2.5.2.3. India
          • 5.2.5.2.4. South Korea
          • 5.2.5.2.5. Taiwan
          • 5.2.5.2.6. Australia
          • 5.2.5.2.7. Rest of Asia-Pacific
        • 5.2.5.3. Europe
          • 5.2.5.3.1. Germany
          • 5.2.5.3.2. France
          • 5.2.5.3.3. Italy
          • 5.2.5.3.4. United Kingdom
          • 5.2.5.3.5. Netherlands
          • 5.2.5.3.6. Rest of Europe
        • 5.2.5.4. MEA
          • 5.2.5.4.1. Middle East
          • 5.2.5.4.2. Africa
        • 5.2.5.5. North America
          • 5.2.5.5.1. United States
          • 5.2.5.5.2. Canada
          • 5.2.5.5.3. Mexico
  • 6. Licorice Extract: Manufacturers/Players Analysis
    • 6.1. Competitive Landscape
      • 6.1.1. Market Share Analysis
        • 6.1.1.1. Top 3
        • 6.1.1.2. Top 5
    • 6.2. Peer Group Analysis (2023)
    • 6.3. BCG Matrix
    • 6.4. Company Profile
      • 6.4.1. Norevo GmbH (Germany)
        • 6.4.1.1. Business Overview
        • 6.4.1.2. Products/Services Offerings
        • 6.4.1.3. Financial Analysis
        • 6.4.1.4. SWOT Analysis
      • 6.4.2. Zagros Licorice Co. (Iran)
        • 6.4.2.1. Business Overview
        • 6.4.2.2. Products/Services Offerings
        • 6.4.2.3. Financial Analysis
        • 6.4.2.4. SWOT Analysis
      • 6.4.3. F and C Licorice Ltd. (Israel)
        • 6.4.3.1. Business Overview
        • 6.4.3.2. Products/Services Offerings
        • 6.4.3.3. Financial Analysis
        • 6.4.3.4. SWOT Analysis
      • 6.4.4. MAFCO Worldwide LLC (United States)
        • 6.4.4.1. Business Overview
        • 6.4.4.2. Products/Services Offerings
        • 6.4.4.3. Financial Analysis
        • 6.4.4.4. SWOT Analysis
      • 6.4.5. VPL Chemicals Private Limited (India)
        • 6.4.5.1. Business Overview
        • 6.4.5.2. Products/Services Offerings
        • 6.4.5.3. Financial Analysis
        • 6.4.5.4. SWOT Analysis
      • 6.4.6. Naturex SA (France)
        • 6.4.6.1. Business Overview
        • 6.4.6.2. Products/Services Offerings
        • 6.4.6.3. Financial Analysis
        • 6.4.6.4. SWOT Analysis
      • 6.4.7. C.E. Roeper GmbH (Germany)
        • 6.4.7.1. Business Overview
        • 6.4.7.2. Products/Services Offerings
        • 6.4.7.3. Financial Analysis
        • 6.4.7.4. SWOT Analysis
      • 6.4.8. Maruzen Pharmaceuticals Co., Ltd (Japan)
        • 6.4.8.1. Business Overview
        • 6.4.8.2. Products/Services Offerings
        • 6.4.8.3. Financial Analysis
        • 6.4.8.4. SWOT Analysis
      • 6.4.9. Shaanxi Fujie Pharmaceutical Co, Ltd (China)
        • 6.4.9.1. Business Overview
        • 6.4.9.2. Products/Services Offerings
        • 6.4.9.3. Financial Analysis
        • 6.4.9.4. SWOT Analysis
      • 6.4.10. HB Natural Ingredients (United States)
        • 6.4.10.1. Business Overview
        • 6.4.10.2. Products/Services Offerings
        • 6.4.10.3. Financial Analysis
        • 6.4.10.4. SWOT Analysis
  • 7. Global Licorice Extract Sale, by Type, Application, Distribution Channel, Form and Region (value) (2025-2030)
    • 7.1. Introduction
    • 7.2. Global Licorice Extract (Value)
      • 7.2.1. Global Licorice Extract by: Type (Value)
        • 7.2.1.1. Food Grade
        • 7.2.1.2. Pharmaceutical Grade
      • 7.2.2. Global Licorice Extract by: Application (Value)
        • 7.2.2.1. Food and Beverages
        • 7.2.2.2. Cosmetics and Personal Care
        • 7.2.2.3. Dietary Supplements
        • 7.2.2.4. Tobacco Products
        • 7.2.2.5. Other Applications
      • 7.2.3. Global Licorice Extract by: Distribution Channel (Value)
        • 7.2.3.1. Direct
        • 7.2.3.2. Indirect
      • 7.2.4. Global Licorice Extract by: Form (Value)
        • 7.2.4.1. Powder
        • 7.2.4.2. Paste
        • 7.2.4.3. Others
      • 7.2.5. Global Licorice Extract Region
        • 7.2.5.1. South America
          • 7.2.5.1.1. Brazil
          • 7.2.5.1.2. Argentina
          • 7.2.5.1.3. Rest of South America
        • 7.2.5.2. Asia Pacific
          • 7.2.5.2.1. China
          • 7.2.5.2.2. Japan
          • 7.2.5.2.3. India
          • 7.2.5.2.4. South Korea
          • 7.2.5.2.5. Taiwan
          • 7.2.5.2.6. Australia
          • 7.2.5.2.7. Rest of Asia-Pacific
        • 7.2.5.3. Europe
          • 7.2.5.3.1. Germany
          • 7.2.5.3.2. France
          • 7.2.5.3.3. Italy
          • 7.2.5.3.4. United Kingdom
          • 7.2.5.3.5. Netherlands
          • 7.2.5.3.6. Rest of Europe
        • 7.2.5.4. MEA
          • 7.2.5.4.1. Middle East
          • 7.2.5.4.2. Africa
        • 7.2.5.5. North America
          • 7.2.5.5.1. United States
          • 7.2.5.5.2. Canada
          • 7.2.5.5.3. Mexico
  • 8. Appendix
    • 8.1. Acronyms
  • 9. Methodology and Data Source
    • 9.1. Methodology/Research Approach
      • 9.1.1. Research Programs/Design
      • 9.1.2. Market Size Estimation
      • 9.1.3. Market Breakdown and Data Triangulation
    • 9.2. Data Source
      • 9.2.1. Secondary Sources
      • 9.2.2. Primary Sources
    • 9.3. Disclaimer
List of Tables
  • Table 1. Licorice Extract: by Type(USD Million)
  • Table 2. Licorice Extract Food Grade , by Region USD Million (2018-2023)
  • Table 3. Licorice Extract Pharmaceutical Grade , by Region USD Million (2018-2023)
  • Table 4. Licorice Extract: by Application(USD Million)
  • Table 5. Licorice Extract Food and Beverages , by Region USD Million (2018-2023)
  • Table 6. Licorice Extract Cosmetics and Personal Care , by Region USD Million (2018-2023)
  • Table 7. Licorice Extract Dietary Supplements , by Region USD Million (2018-2023)
  • Table 8. Licorice Extract Tobacco Products , by Region USD Million (2018-2023)
  • Table 9. Licorice Extract Other Applications , by Region USD Million (2018-2023)
  • Table 10. Licorice Extract: by Distribution Channel(USD Million)
  • Table 11. Licorice Extract Direct , by Region USD Million (2018-2023)
  • Table 12. Licorice Extract Indirect , by Region USD Million (2018-2023)
  • Table 13. Licorice Extract: by Form(USD Million)
  • Table 14. Licorice Extract Powder , by Region USD Million (2018-2023)
  • Table 15. Licorice Extract Paste , by Region USD Million (2018-2023)
  • Table 16. Licorice Extract Others , by Region USD Million (2018-2023)
  • Table 17. South America Licorice Extract, by Country USD Million (2018-2023)
  • Table 18. South America Licorice Extract, by Type USD Million (2018-2023)
  • Table 19. South America Licorice Extract, by Application USD Million (2018-2023)
  • Table 20. South America Licorice Extract, by Distribution Channel USD Million (2018-2023)
  • Table 21. South America Licorice Extract, by Form USD Million (2018-2023)
  • Table 22. Brazil Licorice Extract, by Type USD Million (2018-2023)
  • Table 23. Brazil Licorice Extract, by Application USD Million (2018-2023)
  • Table 24. Brazil Licorice Extract, by Distribution Channel USD Million (2018-2023)
  • Table 25. Brazil Licorice Extract, by Form USD Million (2018-2023)
  • Table 26. Argentina Licorice Extract, by Type USD Million (2018-2023)
  • Table 27. Argentina Licorice Extract, by Application USD Million (2018-2023)
  • Table 28. Argentina Licorice Extract, by Distribution Channel USD Million (2018-2023)
  • Table 29. Argentina Licorice Extract, by Form USD Million (2018-2023)
  • Table 30. Rest of South America Licorice Extract, by Type USD Million (2018-2023)
  • Table 31. Rest of South America Licorice Extract, by Application USD Million (2018-2023)
  • Table 32. Rest of South America Licorice Extract, by Distribution Channel USD Million (2018-2023)
  • Table 33. Rest of South America Licorice Extract, by Form USD Million (2018-2023)
  • Table 34. Asia Pacific Licorice Extract, by Country USD Million (2018-2023)
  • Table 35. Asia Pacific Licorice Extract, by Type USD Million (2018-2023)
  • Table 36. Asia Pacific Licorice Extract, by Application USD Million (2018-2023)
  • Table 37. Asia Pacific Licorice Extract, by Distribution Channel USD Million (2018-2023)
  • Table 38. Asia Pacific Licorice Extract, by Form USD Million (2018-2023)
  • Table 39. China Licorice Extract, by Type USD Million (2018-2023)
  • Table 40. China Licorice Extract, by Application USD Million (2018-2023)
  • Table 41. China Licorice Extract, by Distribution Channel USD Million (2018-2023)
  • Table 42. China Licorice Extract, by Form USD Million (2018-2023)
  • Table 43. Japan Licorice Extract, by Type USD Million (2018-2023)
  • Table 44. Japan Licorice Extract, by Application USD Million (2018-2023)
  • Table 45. Japan Licorice Extract, by Distribution Channel USD Million (2018-2023)
  • Table 46. Japan Licorice Extract, by Form USD Million (2018-2023)
  • Table 47. India Licorice Extract, by Type USD Million (2018-2023)
  • Table 48. India Licorice Extract, by Application USD Million (2018-2023)
  • Table 49. India Licorice Extract, by Distribution Channel USD Million (2018-2023)
  • Table 50. India Licorice Extract, by Form USD Million (2018-2023)
  • Table 51. South Korea Licorice Extract, by Type USD Million (2018-2023)
  • Table 52. South Korea Licorice Extract, by Application USD Million (2018-2023)
  • Table 53. South Korea Licorice Extract, by Distribution Channel USD Million (2018-2023)
  • Table 54. South Korea Licorice Extract, by Form USD Million (2018-2023)
  • Table 55. Taiwan Licorice Extract, by Type USD Million (2018-2023)
  • Table 56. Taiwan Licorice Extract, by Application USD Million (2018-2023)
  • Table 57. Taiwan Licorice Extract, by Distribution Channel USD Million (2018-2023)
  • Table 58. Taiwan Licorice Extract, by Form USD Million (2018-2023)
  • Table 59. Australia Licorice Extract, by Type USD Million (2018-2023)
  • Table 60. Australia Licorice Extract, by Application USD Million (2018-2023)
  • Table 61. Australia Licorice Extract, by Distribution Channel USD Million (2018-2023)
  • Table 62. Australia Licorice Extract, by Form USD Million (2018-2023)
  • Table 63. Rest of Asia-Pacific Licorice Extract, by Type USD Million (2018-2023)
  • Table 64. Rest of Asia-Pacific Licorice Extract, by Application USD Million (2018-2023)
  • Table 65. Rest of Asia-Pacific Licorice Extract, by Distribution Channel USD Million (2018-2023)
  • Table 66. Rest of Asia-Pacific Licorice Extract, by Form USD Million (2018-2023)
  • Table 67. Europe Licorice Extract, by Country USD Million (2018-2023)
  • Table 68. Europe Licorice Extract, by Type USD Million (2018-2023)
  • Table 69. Europe Licorice Extract, by Application USD Million (2018-2023)
  • Table 70. Europe Licorice Extract, by Distribution Channel USD Million (2018-2023)
  • Table 71. Europe Licorice Extract, by Form USD Million (2018-2023)
  • Table 72. Germany Licorice Extract, by Type USD Million (2018-2023)
  • Table 73. Germany Licorice Extract, by Application USD Million (2018-2023)
  • Table 74. Germany Licorice Extract, by Distribution Channel USD Million (2018-2023)
  • Table 75. Germany Licorice Extract, by Form USD Million (2018-2023)
  • Table 76. France Licorice Extract, by Type USD Million (2018-2023)
  • Table 77. France Licorice Extract, by Application USD Million (2018-2023)
  • Table 78. France Licorice Extract, by Distribution Channel USD Million (2018-2023)
  • Table 79. France Licorice Extract, by Form USD Million (2018-2023)
  • Table 80. Italy Licorice Extract, by Type USD Million (2018-2023)
  • Table 81. Italy Licorice Extract, by Application USD Million (2018-2023)
  • Table 82. Italy Licorice Extract, by Distribution Channel USD Million (2018-2023)
  • Table 83. Italy Licorice Extract, by Form USD Million (2018-2023)
  • Table 84. United Kingdom Licorice Extract, by Type USD Million (2018-2023)
  • Table 85. United Kingdom Licorice Extract, by Application USD Million (2018-2023)
  • Table 86. United Kingdom Licorice Extract, by Distribution Channel USD Million (2018-2023)
  • Table 87. United Kingdom Licorice Extract, by Form USD Million (2018-2023)
  • Table 88. Netherlands Licorice Extract, by Type USD Million (2018-2023)
  • Table 89. Netherlands Licorice Extract, by Application USD Million (2018-2023)
  • Table 90. Netherlands Licorice Extract, by Distribution Channel USD Million (2018-2023)
  • Table 91. Netherlands Licorice Extract, by Form USD Million (2018-2023)
  • Table 92. Rest of Europe Licorice Extract, by Type USD Million (2018-2023)
  • Table 93. Rest of Europe Licorice Extract, by Application USD Million (2018-2023)
  • Table 94. Rest of Europe Licorice Extract, by Distribution Channel USD Million (2018-2023)
  • Table 95. Rest of Europe Licorice Extract, by Form USD Million (2018-2023)
  • Table 96. MEA Licorice Extract, by Country USD Million (2018-2023)
  • Table 97. MEA Licorice Extract, by Type USD Million (2018-2023)
  • Table 98. MEA Licorice Extract, by Application USD Million (2018-2023)
  • Table 99. MEA Licorice Extract, by Distribution Channel USD Million (2018-2023)
  • Table 100. MEA Licorice Extract, by Form USD Million (2018-2023)
  • Table 101. Middle East Licorice Extract, by Type USD Million (2018-2023)
  • Table 102. Middle East Licorice Extract, by Application USD Million (2018-2023)
  • Table 103. Middle East Licorice Extract, by Distribution Channel USD Million (2018-2023)
  • Table 104. Middle East Licorice Extract, by Form USD Million (2018-2023)
  • Table 105. Africa Licorice Extract, by Type USD Million (2018-2023)
  • Table 106. Africa Licorice Extract, by Application USD Million (2018-2023)
  • Table 107. Africa Licorice Extract, by Distribution Channel USD Million (2018-2023)
  • Table 108. Africa Licorice Extract, by Form USD Million (2018-2023)
  • Table 109. North America Licorice Extract, by Country USD Million (2018-2023)
  • Table 110. North America Licorice Extract, by Type USD Million (2018-2023)
  • Table 111. North America Licorice Extract, by Application USD Million (2018-2023)
  • Table 112. North America Licorice Extract, by Distribution Channel USD Million (2018-2023)
  • Table 113. North America Licorice Extract, by Form USD Million (2018-2023)
  • Table 114. United States Licorice Extract, by Type USD Million (2018-2023)
  • Table 115. United States Licorice Extract, by Application USD Million (2018-2023)
  • Table 116. United States Licorice Extract, by Distribution Channel USD Million (2018-2023)
  • Table 117. United States Licorice Extract, by Form USD Million (2018-2023)
  • Table 118. Canada Licorice Extract, by Type USD Million (2018-2023)
  • Table 119. Canada Licorice Extract, by Application USD Million (2018-2023)
  • Table 120. Canada Licorice Extract, by Distribution Channel USD Million (2018-2023)
  • Table 121. Canada Licorice Extract, by Form USD Million (2018-2023)
  • Table 122. Mexico Licorice Extract, by Type USD Million (2018-2023)
  • Table 123. Mexico Licorice Extract, by Application USD Million (2018-2023)
  • Table 124. Mexico Licorice Extract, by Distribution Channel USD Million (2018-2023)
  • Table 125. Mexico Licorice Extract, by Form USD Million (2018-2023)
  • Table 126. Company Basic Information, Sales Area and Its Competitors
  • Table 127. Company Basic Information, Sales Area and Its Competitors
  • Table 128. Company Basic Information, Sales Area and Its Competitors
  • Table 129. Company Basic Information, Sales Area and Its Competitors
  • Table 130. Company Basic Information, Sales Area and Its Competitors
  • Table 131. Company Basic Information, Sales Area and Its Competitors
  • Table 132. Company Basic Information, Sales Area and Its Competitors
  • Table 133. Company Basic Information, Sales Area and Its Competitors
  • Table 134. Company Basic Information, Sales Area and Its Competitors
  • Table 135. Company Basic Information, Sales Area and Its Competitors
  • Table 136. Licorice Extract: by Type(USD Million)
  • Table 137. Licorice Extract Food Grade , by Region USD Million (2025-2030)
  • Table 138. Licorice Extract Pharmaceutical Grade , by Region USD Million (2025-2030)
  • Table 139. Licorice Extract: by Application(USD Million)
  • Table 140. Licorice Extract Food and Beverages , by Region USD Million (2025-2030)
  • Table 141. Licorice Extract Cosmetics and Personal Care , by Region USD Million (2025-2030)
  • Table 142. Licorice Extract Dietary Supplements , by Region USD Million (2025-2030)
  • Table 143. Licorice Extract Tobacco Products , by Region USD Million (2025-2030)
  • Table 144. Licorice Extract Other Applications , by Region USD Million (2025-2030)
  • Table 145. Licorice Extract: by Distribution Channel(USD Million)
  • Table 146. Licorice Extract Direct , by Region USD Million (2025-2030)
  • Table 147. Licorice Extract Indirect , by Region USD Million (2025-2030)
  • Table 148. Licorice Extract: by Form(USD Million)
  • Table 149. Licorice Extract Powder , by Region USD Million (2025-2030)
  • Table 150. Licorice Extract Paste , by Region USD Million (2025-2030)
  • Table 151. Licorice Extract Others , by Region USD Million (2025-2030)
  • Table 152. South America Licorice Extract, by Country USD Million (2025-2030)
  • Table 153. South America Licorice Extract, by Type USD Million (2025-2030)
  • Table 154. South America Licorice Extract, by Application USD Million (2025-2030)
  • Table 155. South America Licorice Extract, by Distribution Channel USD Million (2025-2030)
  • Table 156. South America Licorice Extract, by Form USD Million (2025-2030)
  • Table 157. Brazil Licorice Extract, by Type USD Million (2025-2030)
  • Table 158. Brazil Licorice Extract, by Application USD Million (2025-2030)
  • Table 159. Brazil Licorice Extract, by Distribution Channel USD Million (2025-2030)
  • Table 160. Brazil Licorice Extract, by Form USD Million (2025-2030)
  • Table 161. Argentina Licorice Extract, by Type USD Million (2025-2030)
  • Table 162. Argentina Licorice Extract, by Application USD Million (2025-2030)
  • Table 163. Argentina Licorice Extract, by Distribution Channel USD Million (2025-2030)
  • Table 164. Argentina Licorice Extract, by Form USD Million (2025-2030)
  • Table 165. Rest of South America Licorice Extract, by Type USD Million (2025-2030)
  • Table 166. Rest of South America Licorice Extract, by Application USD Million (2025-2030)
  • Table 167. Rest of South America Licorice Extract, by Distribution Channel USD Million (2025-2030)
  • Table 168. Rest of South America Licorice Extract, by Form USD Million (2025-2030)
  • Table 169. Asia Pacific Licorice Extract, by Country USD Million (2025-2030)
  • Table 170. Asia Pacific Licorice Extract, by Type USD Million (2025-2030)
  • Table 171. Asia Pacific Licorice Extract, by Application USD Million (2025-2030)
  • Table 172. Asia Pacific Licorice Extract, by Distribution Channel USD Million (2025-2030)
  • Table 173. Asia Pacific Licorice Extract, by Form USD Million (2025-2030)
  • Table 174. China Licorice Extract, by Type USD Million (2025-2030)
  • Table 175. China Licorice Extract, by Application USD Million (2025-2030)
  • Table 176. China Licorice Extract, by Distribution Channel USD Million (2025-2030)
  • Table 177. China Licorice Extract, by Form USD Million (2025-2030)
  • Table 178. Japan Licorice Extract, by Type USD Million (2025-2030)
  • Table 179. Japan Licorice Extract, by Application USD Million (2025-2030)
  • Table 180. Japan Licorice Extract, by Distribution Channel USD Million (2025-2030)
  • Table 181. Japan Licorice Extract, by Form USD Million (2025-2030)
  • Table 182. India Licorice Extract, by Type USD Million (2025-2030)
  • Table 183. India Licorice Extract, by Application USD Million (2025-2030)
  • Table 184. India Licorice Extract, by Distribution Channel USD Million (2025-2030)
  • Table 185. India Licorice Extract, by Form USD Million (2025-2030)
  • Table 186. South Korea Licorice Extract, by Type USD Million (2025-2030)
  • Table 187. South Korea Licorice Extract, by Application USD Million (2025-2030)
  • Table 188. South Korea Licorice Extract, by Distribution Channel USD Million (2025-2030)
  • Table 189. South Korea Licorice Extract, by Form USD Million (2025-2030)
  • Table 190. Taiwan Licorice Extract, by Type USD Million (2025-2030)
  • Table 191. Taiwan Licorice Extract, by Application USD Million (2025-2030)
  • Table 192. Taiwan Licorice Extract, by Distribution Channel USD Million (2025-2030)
  • Table 193. Taiwan Licorice Extract, by Form USD Million (2025-2030)
  • Table 194. Australia Licorice Extract, by Type USD Million (2025-2030)
  • Table 195. Australia Licorice Extract, by Application USD Million (2025-2030)
  • Table 196. Australia Licorice Extract, by Distribution Channel USD Million (2025-2030)
  • Table 197. Australia Licorice Extract, by Form USD Million (2025-2030)
  • Table 198. Rest of Asia-Pacific Licorice Extract, by Type USD Million (2025-2030)
  • Table 199. Rest of Asia-Pacific Licorice Extract, by Application USD Million (2025-2030)
  • Table 200. Rest of Asia-Pacific Licorice Extract, by Distribution Channel USD Million (2025-2030)
  • Table 201. Rest of Asia-Pacific Licorice Extract, by Form USD Million (2025-2030)
  • Table 202. Europe Licorice Extract, by Country USD Million (2025-2030)
  • Table 203. Europe Licorice Extract, by Type USD Million (2025-2030)
  • Table 204. Europe Licorice Extract, by Application USD Million (2025-2030)
  • Table 205. Europe Licorice Extract, by Distribution Channel USD Million (2025-2030)
  • Table 206. Europe Licorice Extract, by Form USD Million (2025-2030)
  • Table 207. Germany Licorice Extract, by Type USD Million (2025-2030)
  • Table 208. Germany Licorice Extract, by Application USD Million (2025-2030)
  • Table 209. Germany Licorice Extract, by Distribution Channel USD Million (2025-2030)
  • Table 210. Germany Licorice Extract, by Form USD Million (2025-2030)
  • Table 211. France Licorice Extract, by Type USD Million (2025-2030)
  • Table 212. France Licorice Extract, by Application USD Million (2025-2030)
  • Table 213. France Licorice Extract, by Distribution Channel USD Million (2025-2030)
  • Table 214. France Licorice Extract, by Form USD Million (2025-2030)
  • Table 215. Italy Licorice Extract, by Type USD Million (2025-2030)
  • Table 216. Italy Licorice Extract, by Application USD Million (2025-2030)
  • Table 217. Italy Licorice Extract, by Distribution Channel USD Million (2025-2030)
  • Table 218. Italy Licorice Extract, by Form USD Million (2025-2030)
  • Table 219. United Kingdom Licorice Extract, by Type USD Million (2025-2030)
  • Table 220. United Kingdom Licorice Extract, by Application USD Million (2025-2030)
  • Table 221. United Kingdom Licorice Extract, by Distribution Channel USD Million (2025-2030)
  • Table 222. United Kingdom Licorice Extract, by Form USD Million (2025-2030)
  • Table 223. Netherlands Licorice Extract, by Type USD Million (2025-2030)
  • Table 224. Netherlands Licorice Extract, by Application USD Million (2025-2030)
  • Table 225. Netherlands Licorice Extract, by Distribution Channel USD Million (2025-2030)
  • Table 226. Netherlands Licorice Extract, by Form USD Million (2025-2030)
  • Table 227. Rest of Europe Licorice Extract, by Type USD Million (2025-2030)
  • Table 228. Rest of Europe Licorice Extract, by Application USD Million (2025-2030)
  • Table 229. Rest of Europe Licorice Extract, by Distribution Channel USD Million (2025-2030)
  • Table 230. Rest of Europe Licorice Extract, by Form USD Million (2025-2030)
  • Table 231. MEA Licorice Extract, by Country USD Million (2025-2030)
  • Table 232. MEA Licorice Extract, by Type USD Million (2025-2030)
  • Table 233. MEA Licorice Extract, by Application USD Million (2025-2030)
  • Table 234. MEA Licorice Extract, by Distribution Channel USD Million (2025-2030)
  • Table 235. MEA Licorice Extract, by Form USD Million (2025-2030)
  • Table 236. Middle East Licorice Extract, by Type USD Million (2025-2030)
  • Table 237. Middle East Licorice Extract, by Application USD Million (2025-2030)
  • Table 238. Middle East Licorice Extract, by Distribution Channel USD Million (2025-2030)
  • Table 239. Middle East Licorice Extract, by Form USD Million (2025-2030)
  • Table 240. Africa Licorice Extract, by Type USD Million (2025-2030)
  • Table 241. Africa Licorice Extract, by Application USD Million (2025-2030)
  • Table 242. Africa Licorice Extract, by Distribution Channel USD Million (2025-2030)
  • Table 243. Africa Licorice Extract, by Form USD Million (2025-2030)
  • Table 244. North America Licorice Extract, by Country USD Million (2025-2030)
  • Table 245. North America Licorice Extract, by Type USD Million (2025-2030)
  • Table 246. North America Licorice Extract, by Application USD Million (2025-2030)
  • Table 247. North America Licorice Extract, by Distribution Channel USD Million (2025-2030)
  • Table 248. North America Licorice Extract, by Form USD Million (2025-2030)
  • Table 249. United States Licorice Extract, by Type USD Million (2025-2030)
  • Table 250. United States Licorice Extract, by Application USD Million (2025-2030)
  • Table 251. United States Licorice Extract, by Distribution Channel USD Million (2025-2030)
  • Table 252. United States Licorice Extract, by Form USD Million (2025-2030)
  • Table 253. Canada Licorice Extract, by Type USD Million (2025-2030)
  • Table 254. Canada Licorice Extract, by Application USD Million (2025-2030)
  • Table 255. Canada Licorice Extract, by Distribution Channel USD Million (2025-2030)
  • Table 256. Canada Licorice Extract, by Form USD Million (2025-2030)
  • Table 257. Mexico Licorice Extract, by Type USD Million (2025-2030)
  • Table 258. Mexico Licorice Extract, by Application USD Million (2025-2030)
  • Table 259. Mexico Licorice Extract, by Distribution Channel USD Million (2025-2030)
  • Table 260. Mexico Licorice Extract, by Form USD Million (2025-2030)
  • Table 261. Research Programs/Design for This Report
  • Table 262. Key Data Information from Secondary Sources
  • Table 263. Key Data Information from Primary Sources
List of Figures
  • Figure 1. Porters Five Forces
  • Figure 2. Supply/Value Chain
  • Figure 3. PESTEL analysis
  • Figure 4. Global Licorice Extract: by Type USD Million (2018-2023)
  • Figure 5. Global Licorice Extract: by Application USD Million (2018-2023)
  • Figure 6. Global Licorice Extract: by Distribution Channel USD Million (2018-2023)
  • Figure 7. Global Licorice Extract: by Form USD Million (2018-2023)
  • Figure 8. South America Licorice Extract Share (%), by Country
  • Figure 9. Asia Pacific Licorice Extract Share (%), by Country
  • Figure 10. Europe Licorice Extract Share (%), by Country
  • Figure 11. MEA Licorice Extract Share (%), by Country
  • Figure 12. North America Licorice Extract Share (%), by Country
  • Figure 13. Global Licorice Extract share by Players 2023 (%)
  • Figure 14. Global Licorice Extract share by Players (Top 3) 2023(%)
  • Figure 15. Global Licorice Extract share by Players (Top 5) 2023(%)
  • Figure 16. BCG Matrix for key Companies
  • Figure 17. Norevo GmbH (Germany) Revenue, Net Income and Gross profit
  • Figure 18. Norevo GmbH (Germany) Revenue: by Geography 2023
  • Figure 19. Zagros Licorice Co. (Iran) Revenue, Net Income and Gross profit
  • Figure 20. Zagros Licorice Co. (Iran) Revenue: by Geography 2023
  • Figure 21. F and C Licorice Ltd. (Israel) Revenue, Net Income and Gross profit
  • Figure 22. F and C Licorice Ltd. (Israel) Revenue: by Geography 2023
  • Figure 23. MAFCO Worldwide LLC (United States) Revenue, Net Income and Gross profit
  • Figure 24. MAFCO Worldwide LLC (United States) Revenue: by Geography 2023
  • Figure 25. VPL Chemicals Private Limited (India) Revenue, Net Income and Gross profit
  • Figure 26. VPL Chemicals Private Limited (India) Revenue: by Geography 2023
  • Figure 27. Naturex SA (France) Revenue, Net Income and Gross profit
  • Figure 28. Naturex SA (France) Revenue: by Geography 2023
  • Figure 29. C.E. Roeper GmbH (Germany) Revenue, Net Income and Gross profit
  • Figure 30. C.E. Roeper GmbH (Germany) Revenue: by Geography 2023
  • Figure 31. Maruzen Pharmaceuticals Co., Ltd (Japan) Revenue, Net Income and Gross profit
  • Figure 32. Maruzen Pharmaceuticals Co., Ltd (Japan) Revenue: by Geography 2023
  • Figure 33. Shaanxi Fujie Pharmaceutical Co, Ltd (China) Revenue, Net Income and Gross profit
  • Figure 34. Shaanxi Fujie Pharmaceutical Co, Ltd (China) Revenue: by Geography 2023
  • Figure 35. HB Natural Ingredients (United States) Revenue, Net Income and Gross profit
  • Figure 36. HB Natural Ingredients (United States) Revenue: by Geography 2023
  • Figure 37. Global Licorice Extract: by Type USD Million (2025-2030)
  • Figure 38. Global Licorice Extract: by Application USD Million (2025-2030)
  • Figure 39. Global Licorice Extract: by Distribution Channel USD Million (2025-2030)
  • Figure 40. Global Licorice Extract: by Form USD Million (2025-2030)
  • Figure 41. South America Licorice Extract Share (%), by Country
  • Figure 42. Asia Pacific Licorice Extract Share (%), by Country
  • Figure 43. Europe Licorice Extract Share (%), by Country
  • Figure 44. MEA Licorice Extract Share (%), by Country
  • Figure 45. North America Licorice Extract Share (%), by Country
List of companies from research coverage that are profiled in the study
  • Norevo GmbH (Germany)
  • Zagros Licorice Co. (Iran)
  • F and C Licorice Ltd. (Israel)
  • MAFCO Worldwide LLC (United States)
  • VPL Chemicals Private Limited (India)
  • Naturex SA (France)
  • C.E. Roeper GmbH (Germany)
  • Maruzen Pharmaceuticals Co., Ltd (Japan)
  • Shaanxi Fujie Pharmaceutical Co, Ltd (China)
  • HB Natural Ingredients (United States)
Additional players considered in the study are as follows:
Sanat Products Limited (India) , Glycyrrhiza Glabra Co, Ltd. (Uzbekistan) , Aseh Co. (Iran)
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Apr 2024 244 Pages 71 Tables Base Year: 2023 Coverage: 15+ Companies; 18 Countries

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Frequently Asked Questions (FAQ):

The standard version of the report profiles players such as Norevo GmbH (Germany), Zagros Licorice Co. (Iran), F and C Licorice Ltd. (Israel), MAFCO Worldwide LLC (United States), VPL Chemicals Private Limited (India), Naturex SA (France), C.E. Roeper GmbH (Germany), Maruzen Pharmaceuticals Co., Ltd (Japan), Shaanxi Fujie Pharmaceutical Co, Ltd (China) and HB Natural Ingredients (United States) etc.
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
"Dietary Supplements Share Huge Popularity" is seen as one of major influencing trends for Licorice Extract Market during projected period 2023-2030.
The Licorice Extract market study includes a random mix of players, including both market leaders and some top growing emerging players. Connect with our sales executive to get a complete company list in our research coverage.

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