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The licorice extract market is forecasted to grow by USD 758.97 mn during 2022-2027, accelerating at a CAGR of 6.68% during the forecast period. The report on the licorice extract 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 awareness regarding licorice extract for health benefits, the rising popularity of natural skincare products, and the rising popularity of licorice flavor in confectionery products.
The licorice extract market is segmented as below:
By Application
- Pharmaceuticals
- Food and beverages
- Tobacco
- Others
By Type
- Powder
- Liquid
- Block
By Geography
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the licorice extract market covers the following areas:
- Licorice extract market sizing
- Licorice extract market forecast
- Licorice extract 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 publisher 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 Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global licorice extract market: AOS Products Pvt. Ltd., Bio Botanica Inc., C.E. Roeper GmbH, Givaudan SA, Herbal Creations, Mafco Worldwide LLC, Maruzen Pharmaceutical Co. Ltd., Norevo GmbH, Shaanxi FUJIE Pharmaceutical Co. Ltd., Zagros Licorice co., Aushadhi Herbal, Avestia Pharma, Biofermen Pvt. Ltd., Extroil Naturals, Herbs and Essential Oils Pvt. Ltd., NATIVE EXTRACTS Pty Ltd., Phyto Life Sciences P. Ltd., Venkatesh Natural Extract Pvt. Ltd., Viridian International Ltd., VPL Chemicals Pvt. Ltd., and SA Herbal Bioactives LLP.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is rising demand for natural and organic products.'
According to the report, one of the major drivers for this market is the growing awareness regarding licorice extract for health benefits.
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.
- Bio Botanica Inc.
- C.E. Roeper GmbH
- Givaudan SA
- Herbal Creations
- Mafco Worldwide LLC
- Maruzen Pharmaceutical Co. Ltd.
- Norevo GmbH
- Shaanxi FUJIE Pharmaceutical Co. Ltd.
- Zagros Licorice co.
- Aushadhi Herbal
- Avestia Pharma
- Biofermen Pvt. Ltd.
- Extroil Naturals
- Herbs and Essential Oils Pvt. Ltd.
- NATIVE EXTRACTS Pty Ltd.
- Phyto Life Sciences P. Ltd.
- Venkatesh Natural Extract Pvt. Ltd.
- Viridian International Ltd.
- VPL Chemicals Pvt. Ltd.
- SA Herbal Bioactives LLP