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The liquorice market is forecasted to grow by USD 676 million during 2023-2028, accelerating AT a CAGR of 5.97% during the forecast period. The report on the liquorice market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for food and beverages with herbal ingredients, growing adoption of herbal medicine, and rising demand for cigars and smoking tobacco products.
The liquorice market is segmented as below:
By Grade Type
- Food grade
- Feed grade
- Pharmaceutical grade
By Application
- Food and beverages
- Pharmaceuticals
- Tobacco
- Others
By Geography
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the liquorice market covers the following areas:
- Liquorice market sizing
- Liquorice market forecast
- Liquorice market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. IT presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Grade Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global liquorice market: AOS Products Pvt. Ltd., Aushadhi Herbal, Avestia Pharma, Beijing Gingko Group, Botanic Healthcare Group, C.E. Roeper GmbH, Extroil Naturals, F and C Licorice Ltd., Glycyrrhiza Glabra Co. Ltd., HB Natural Ingredients, Herbal Creations, Mafco Worldwide LLC, Maruzen Pharmaceutical Co. Ltd., Norevo GmbH, Nutra Green Biotechnology Co. Ltd., Ransom Naturals Ltd., Sepidan Osareh Jonoob Co., Shaanxi FUJIE Pharmaceutical Co. Ltd., Shirin Daru Co., and Zagros Licorice co..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is immunity-boosting properties of herbal extracts."
According to the report, one of the major drivers for this market is the growing demand for food and beverages with herbal ingredients.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AOS Products Pvt. Ltd.
- Aushadhi Herbal
- Avestia Pharma
- Beijing Gingko Group
- Botanic Healthcare Group
- C.E. Roeper GmbH
- Extroil Naturals
- F and C Licorice Ltd.
- Glycyrrhiza Glabra Co. Ltd.
- HB Natural Ingredients
- Herbal Creations
- Mafco Worldwide LLC
- Maruzen Pharmaceutical Co. Ltd.
- Norevo GmbH
- Nutra Green Biotechnology Co. Ltd.
- Ransom Naturals Ltd.
- Sepidan Osareh Jonoob Co.
- Shaanxi FUJIE Pharmaceutical Co. Ltd.
- Shirin Daru Co.
- Zagros Licorice co.
