The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Global Licorice Extracts Market Research Report 2025
Synopsis
Licorice extract comes from the licorice plant. The root of the plant is primarily used in preparing the extract, and the hard woody plant is pulped then boiled to further extract and refine the contents.
Licorice extract is a natural ingredient often found in both food and herbal medicine supplements. While the full medicinal effectiveness of licorice has not been completely tested, some benefits have been proven and others have enough support to warrant its inclusion in a number of supplements. Often found in teas and used in a number of different products as a flavoring ingredient, licorice extract can provide help in treating stomach issues such as heartburn, but does have some noteworthy side effects that should be considered.
The global Licorice Extracts market was valued at US$ 3197.6 million in 2023 and is anticipated to reach US$ 4934.1 million by 2030, witnessing a CAGR of 6.4% during the forecast period 2024-2030.
Global Licorice Extract key players include Magnasweet, ASEH, Zagros Licorice, Sepidan Osareh, Norevo GmbH, etc. Global top five players hold a share about 25%.
Europe is the largest market, with a share about 20%, followed by China and Japan, having a total share about 25 percent.
In terms of product, Food Gradeis the largest segment, with a share about 58%. And in terms of application, the largest application is Food Industry, followed by Pharmaceutical Industry, Cosmetic Industry, etc.
This report aims to provide a comprehensive presentation of the global market for Licorice Extracts, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Licorice Extracts.
Report Scope
The Licorice Extracts market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Licorice Extracts market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Licorice Extracts manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Norevo
F&C Licorice
Mafco Worldwide
Zagros Licorice
VPL Chemicals
SepidanOsareh
Maruzen Pharmaceuticals
Zelang Group
Ransom Naturals
Segment by Type
Powder
Semi fluid/Paste
Block
Segment by Application
Pharmaceutical Grade
Food Grade
Feed Grade
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Licorice Extracts manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Licorice Extracts by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Licorice Extracts in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Licorice extract comes from the licorice plant. The root of the plant is primarily used in preparing the extract, and the hard woody plant is pulped then boiled to further extract and refine the contents.
Licorice extract is a natural ingredient often found in both food and herbal medicine supplements. While the full medicinal effectiveness of licorice has not been completely tested, some benefits have been proven and others have enough support to warrant its inclusion in a number of supplements. Often found in teas and used in a number of different products as a flavoring ingredient, licorice extract can provide help in treating stomach issues such as heartburn, but does have some noteworthy side effects that should be considered.
The global Licorice Extracts market was valued at US$ 3197.6 million in 2023 and is anticipated to reach US$ 4934.1 million by 2030, witnessing a CAGR of 6.4% during the forecast period 2024-2030.
Global Licorice Extract key players include Magnasweet, ASEH, Zagros Licorice, Sepidan Osareh, Norevo GmbH, etc. Global top five players hold a share about 25%.
Europe is the largest market, with a share about 20%, followed by China and Japan, having a total share about 25 percent.
In terms of product, Food Gradeis the largest segment, with a share about 58%. And in terms of application, the largest application is Food Industry, followed by Pharmaceutical Industry, Cosmetic Industry, etc.
This report aims to provide a comprehensive presentation of the global market for Licorice Extracts, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Licorice Extracts.
Report Scope
The Licorice Extracts market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Licorice Extracts market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Licorice Extracts manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Norevo
F&C Licorice
Mafco Worldwide
Zagros Licorice
VPL Chemicals
SepidanOsareh
Maruzen Pharmaceuticals
Zelang Group
Ransom Naturals
Segment by Type
Powder
Semi fluid/Paste
Block
Segment by Application
Pharmaceutical Grade
Food Grade
Feed Grade
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Licorice Extracts manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Licorice Extracts by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Licorice Extracts in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Licorice Extracts Market Overview
1.1 Product Definition
1.2 Licorice Extracts Segment by Type
1.2.1 Global Licorice Extracts Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Powder
1.2.3 Semi fluid/Paste
1.2.4 Block
1.3 Licorice Extracts Segment by Application
1.3.1 Global Licorice Extracts Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Pharmaceutical Grade
1.3.3 Food Grade
1.3.4 Feed Grade
1.4 Global Market Growth Prospects
1.4.1 Global Licorice Extracts Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Licorice Extracts Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Licorice Extracts Production Estimates and Forecasts (2019-2030)
1.4.4 Global Licorice Extracts Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Licorice Extracts Production Market Share by Manufacturers (2019-2024)
2.2 Global Licorice Extracts Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Licorice Extracts, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Licorice Extracts Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Licorice Extracts Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Licorice Extracts, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Licorice Extracts, Product Offered and Application
2.8 Global Key Manufacturers of Licorice Extracts, Date of Enter into This Industry
2.9 Licorice Extracts Market Competitive Situation and Trends
2.9.1 Licorice Extracts Market Concentration Rate
2.9.2 Global 5 and 10 Largest Licorice Extracts Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Licorice Extracts Production by Region
3.1 Global Licorice Extracts Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Licorice Extracts Production Value by Region (2019-2030)
3.2.1 Global Licorice Extracts Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Licorice Extracts by Region (2025-2030)
3.3 Global Licorice Extracts Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Licorice Extracts Production by Region (2019-2030)
3.4.1 Global Licorice Extracts Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Licorice Extracts by Region (2025-2030)
3.5 Global Licorice Extracts Market Price Analysis by Region (2019-2024)
3.6 Global Licorice Extracts Production and Value, Year-over-Year Growth
3.6.1 North America Licorice Extracts Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Licorice Extracts Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Licorice Extracts Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Licorice Extracts Production Value Estimates and Forecasts (2019-2030)
4 Licorice Extracts Consumption by Region
4.1 Global Licorice Extracts Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Licorice Extracts Consumption by Region (2019-2030)
4.2.1 Global Licorice Extracts Consumption by Region (2019-2024)
4.2.2 Global Licorice Extracts Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Licorice Extracts Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Licorice Extracts Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Licorice Extracts Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Licorice Extracts Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Licorice Extracts Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Licorice Extracts Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Licorice Extracts Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Licorice Extracts Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Licorice Extracts Production by Type (2019-2030)
5.1.1 Global Licorice Extracts Production by Type (2019-2024)
5.1.2 Global Licorice Extracts Production by Type (2025-2030)
5.1.3 Global Licorice Extracts Production Market Share by Type (2019-2030)
5.2 Global Licorice Extracts Production Value by Type (2019-2030)
5.2.1 Global Licorice Extracts Production Value by Type (2019-2024)
5.2.2 Global Licorice Extracts Production Value by Type (2025-2030)
5.2.3 Global Licorice Extracts Production Value Market Share by Type (2019-2030)
5.3 Global Licorice Extracts Price by Type (2019-2030)
6 Segment by Application
6.1 Global Licorice Extracts Production by Application (2019-2030)
6.1.1 Global Licorice Extracts Production by Application (2019-2024)
6.1.2 Global Licorice Extracts Production by Application (2025-2030)
6.1.3 Global Licorice Extracts Production Market Share by Application (2019-2030)
6.2 Global Licorice Extracts Production Value by Application (2019-2030)
6.2.1 Global Licorice Extracts Production Value by Application (2019-2024)
6.2.2 Global Licorice Extracts Production Value by Application (2025-2030)
6.2.3 Global Licorice Extracts Production Value Market Share by Application (2019-2030)
6.3 Global Licorice Extracts Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Norevo
7.1.1 Norevo Licorice Extracts Corporation Information
7.1.2 Norevo Licorice Extracts Product Portfolio
7.1.3 Norevo Licorice Extracts Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Norevo Main Business and Markets Served
7.1.5 Norevo Recent Developments/Updates
7.2 F&C Licorice
7.2.1 F&C Licorice Licorice Extracts Corporation Information
7.2.2 F&C Licorice Licorice Extracts Product Portfolio
7.2.3 F&C Licorice Licorice Extracts Production, Value, Price and Gross Margin (2019-2024)
7.2.4 F&C Licorice Main Business and Markets Served
7.2.5 F&C Licorice Recent Developments/Updates
7.3 Mafco Worldwide
7.3.1 Mafco Worldwide Licorice Extracts Corporation Information
7.3.2 Mafco Worldwide Licorice Extracts Product Portfolio
7.3.3 Mafco Worldwide Licorice Extracts Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Mafco Worldwide Main Business and Markets Served
7.3.5 Mafco Worldwide Recent Developments/Updates
7.4 Zagros Licorice
7.4.1 Zagros Licorice Licorice Extracts Corporation Information
7.4.2 Zagros Licorice Licorice Extracts Product Portfolio
7.4.3 Zagros Licorice Licorice Extracts Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Zagros Licorice Main Business and Markets Served
7.4.5 Zagros Licorice Recent Developments/Updates
7.5 VPL Chemicals
7.5.1 VPL Chemicals Licorice Extracts Corporation Information
7.5.2 VPL Chemicals Licorice Extracts Product Portfolio
7.5.3 VPL Chemicals Licorice Extracts Production, Value, Price and Gross Margin (2019-2024)
7.5.4 VPL Chemicals Main Business and Markets Served
7.5.5 VPL Chemicals Recent Developments/Updates
7.6 SepidanOsareh
7.6.1 SepidanOsareh Licorice Extracts Corporation Information
7.6.2 SepidanOsareh Licorice Extracts Product Portfolio
7.6.3 SepidanOsareh Licorice Extracts Production, Value, Price and Gross Margin (2019-2024)
7.6.4 SepidanOsareh Main Business and Markets Served
7.6.5 SepidanOsareh Recent Developments/Updates
7.7 Maruzen Pharmaceuticals
7.7.1 Maruzen Pharmaceuticals Licorice Extracts Corporation Information
7.7.2 Maruzen Pharmaceuticals Licorice Extracts Product Portfolio
7.7.3 Maruzen Pharmaceuticals Licorice Extracts Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Maruzen Pharmaceuticals Main Business and Markets Served
7.7.5 Maruzen Pharmaceuticals Recent Developments/Updates
7.8 Zelang Group
7.8.1 Zelang Group Licorice Extracts Corporation Information
7.8.2 Zelang Group Licorice Extracts Product Portfolio
7.8.3 Zelang Group Licorice Extracts Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Zelang Group Main Business and Markets Served
7.7.5 Zelang Group Recent Developments/Updates
7.9 Ransom Naturals
7.9.1 Ransom Naturals Licorice Extracts Corporation Information
7.9.2 Ransom Naturals Licorice Extracts Product Portfolio
7.9.3 Ransom Naturals Licorice Extracts Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Ransom Naturals Main Business and Markets Served
7.9.5 Ransom Naturals Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Licorice Extracts Industry Chain Analysis
8.2 Licorice Extracts Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Licorice Extracts Production Mode & Process
8.4 Licorice Extracts Sales and Marketing
8.4.1 Licorice Extracts Sales Channels
8.4.2 Licorice Extracts Distributors
8.5 Licorice Extracts Customers
9 Licorice Extracts Market Dynamics
9.1 Licorice Extracts Industry Trends
9.2 Licorice Extracts Market Drivers
9.3 Licorice Extracts Market Challenges
9.4 Licorice Extracts Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest Chemicals Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
