Global Licorice Extract Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Licorice Extract Market Size, Manufacturers, Opportunities and Forecast to 2030


Summary

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.
According to APO Research, The global Licorice Extract market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.
North American market for Licorice Extract is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Asia-Pacific market for Licorice Extract is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Europe market for Licorice Extract is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The major global manufacturers of Licorice Extract include Magnasweet, ASEH, Zagros Licorice, Sepidan Osareh, FandC Licorice, Norevo GmbH, Ransom Naturals, Maruzen Pharmaceuticals and MCFS, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Licorice Extract, 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 Extract.
The Licorice Extract market size, estimations, and forecasts are provided in terms of sales volume (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 Extract 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.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

Magnasweet
ASEH
Zagros Licorice
Sepidan Osareh
FandC Licorice
Norevo GmbH
Ransom Naturals
Maruzen Pharmaceuticals
MCFS
Aushadhi Herbal
Avestia Pharma
VPL Chemicals
Zelang
Changyue
Bokai
Licorice Extract segment by Type

Pharmaceutical Grade
Food Grade
Feed Grade
Licorice Extract segment by Application

Pharmaceutical
Food
Cosmetic
Others
Licorice Extract Segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Licorice Extract market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Licorice Extract and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Licorice Extract.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: 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 3: Detailed analysis of Licorice Extract manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Licorice Extract in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Licorice Extract Market Size Estimates and Forecasts (2019-2030)
1.2.2 Global Licorice Extract Sales Estimates and Forecasts (2019-2030)
1.3 Licorice Extract Market by Type
1.3.1 Pharmaceutical Grade
1.3.2 Food Grade
1.3.3 Feed Grade
1.4 Global Licorice Extract Market Size by Type
1.4.1 Global Licorice Extract Market Size Overview by Type (2019-2030)
1.4.2 Global Licorice Extract Historic Market Size Review by Type (2019-2024)
1.4.3 Global Licorice Extract Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
1.5.1 North America Licorice Extract Sales Breakdown by Type (2019-2024)
1.5.2 Europe Licorice Extract Sales Breakdown by Type (2019-2024)
1.5.3 Asia-Pacific Licorice Extract Sales Breakdown by Type (2019-2024)
1.5.4 Latin America Licorice Extract Sales Breakdown by Type (2019-2024)
1.5.5 Middle East and Africa Licorice Extract Sales Breakdown by Type (2019-2024)
2 Global Market Dynamics
2.1 Licorice Extract Industry Trends
2.2 Licorice Extract Industry Drivers
2.3 Licorice Extract Industry Opportunities and Challenges
2.4 Licorice Extract Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Licorice Extract Revenue (2019-2024)
3.2 Global Top Players by Licorice Extract Sales (2019-2024)
3.3 Global Top Players by Licorice Extract Price (2019-2024)
3.4 Global Licorice Extract Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global Licorice Extract Key Company Manufacturing Sites & Headquarters
3.6 Global Licorice Extract Company, Product Type & Application
3.7 Global Licorice Extract Company Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Licorice Extract Market CR5 and HHI
3.8.2 Global Top 5 and 10 Licorice Extract Players Market Share by Revenue in 2023
3.8.3 2023 Licorice Extract Tier 1, Tier 2, and Tier 3
4 Licorice Extract Regional Status and Outlook
4.1 Global Licorice Extract Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global Licorice Extract Historic Market Size by Region
4.2.1 Global Licorice Extract Sales in Volume by Region (2019-2024)
4.2.2 Global Licorice Extract Sales in Value by Region (2019-2024)
4.2.3 Global Licorice Extract Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Licorice Extract Forecasted Market Size by Region
4.3.1 Global Licorice Extract Sales in Volume by Region (2025-2030)
4.3.2 Global Licorice Extract Sales in Value by Region (2025-2030)
4.3.3 Global Licorice Extract Sales (Volume & Value), Price and Gross Margin (2025-2030)
5 Licorice Extract by Application
5.1 Licorice Extract Market by Application
5.1.1 Pharmaceutical
5.1.2 Food
5.1.3 Cosmetic
5.1.4 Others
5.2 Global Licorice Extract Market Size by Application
5.2.1 Global Licorice Extract Market Size Overview by Application (2019-2030)
5.2.2 Global Licorice Extract Historic Market Size Review by Application (2019-2024)
5.2.3 Global Licorice Extract Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
5.3.1 North America Licorice Extract Sales Breakdown by Application (2019-2024)
5.3.2 Europe Licorice Extract Sales Breakdown by Application (2019-2024)
5.3.3 Asia-Pacific Licorice Extract Sales Breakdown by Application (2019-2024)
5.3.4 Latin America Licorice Extract Sales Breakdown by Application (2019-2024)
5.3.5 Middle East and Africa Licorice Extract Sales Breakdown by Application (2019-2024)
6 Company Profiles
6.1 Magnasweet
6.1.1 Magnasweet Comapny Information
6.1.2 Magnasweet Business Overview
6.1.3 Magnasweet Licorice Extract Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Magnasweet Licorice Extract Product Portfolio
6.1.5 Magnasweet Recent Developments
6.2 ASEH
6.2.1 ASEH Comapny Information
6.2.2 ASEH Business Overview
6.2.3 ASEH Licorice Extract Sales, Revenue and Gross Margin (2019-2024)
6.2.4 ASEH Licorice Extract Product Portfolio
6.2.5 ASEH Recent Developments
6.3 Zagros Licorice
6.3.1 Zagros Licorice Comapny Information
6.3.2 Zagros Licorice Business Overview
6.3.3 Zagros Licorice Licorice Extract Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Zagros Licorice Licorice Extract Product Portfolio
6.3.5 Zagros Licorice Recent Developments
6.4 Sepidan Osareh
6.4.1 Sepidan Osareh Comapny Information
6.4.2 Sepidan Osareh Business Overview
6.4.3 Sepidan Osareh Licorice Extract Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Sepidan Osareh Licorice Extract Product Portfolio
6.4.5 Sepidan Osareh Recent Developments
6.5 FandC Licorice
6.5.1 FandC Licorice Comapny Information
6.5.2 FandC Licorice Business Overview
6.5.3 FandC Licorice Licorice Extract Sales, Revenue and Gross Margin (2019-2024)
6.5.4 FandC Licorice Licorice Extract Product Portfolio
6.5.5 FandC Licorice Recent Developments
6.6 Norevo GmbH
6.6.1 Norevo GmbH Comapny Information
6.6.2 Norevo GmbH Business Overview
6.6.3 Norevo GmbH Licorice Extract Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Norevo GmbH Licorice Extract Product Portfolio
6.6.5 Norevo GmbH Recent Developments
6.7 Ransom Naturals
6.7.1 Ransom Naturals Comapny Information
6.7.2 Ransom Naturals Business Overview
6.7.3 Ransom Naturals Licorice Extract Sales, Revenue and Gross Margin (2019-2024)
6.7.4 Ransom Naturals Licorice Extract Product Portfolio
6.7.5 Ransom Naturals Recent Developments
6.8 Maruzen Pharmaceuticals
6.8.1 Maruzen Pharmaceuticals Comapny Information
6.8.2 Maruzen Pharmaceuticals Business Overview
6.8.3 Maruzen Pharmaceuticals Licorice Extract Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Maruzen Pharmaceuticals Licorice Extract Product Portfolio
6.8.5 Maruzen Pharmaceuticals Recent Developments
6.9 MCFS
6.9.1 MCFS Comapny Information
6.9.2 MCFS Business Overview
6.9.3 MCFS Licorice Extract Sales, Revenue and Gross Margin (2019-2024)
6.9.4 MCFS Licorice Extract Product Portfolio
6.9.5 MCFS Recent Developments
6.10 Aushadhi Herbal
6.10.1 Aushadhi Herbal Comapny Information
6.10.2 Aushadhi Herbal Business Overview
6.10.3 Aushadhi Herbal Licorice Extract Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Aushadhi Herbal Licorice Extract Product Portfolio
6.10.5 Aushadhi Herbal Recent Developments
6.11 Avestia Pharma
6.11.1 Avestia Pharma Comapny Information
6.11.2 Avestia Pharma Business Overview
6.11.3 Avestia Pharma Licorice Extract Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Avestia Pharma Licorice Extract Product Portfolio
6.11.5 Avestia Pharma Recent Developments
6.12 VPL Chemicals
6.12.1 VPL Chemicals Comapny Information
6.12.2 VPL Chemicals Business Overview
6.12.3 VPL Chemicals Licorice Extract Sales, Revenue and Gross Margin (2019-2024)
6.12.4 VPL Chemicals Licorice Extract Product Portfolio
6.12.5 VPL Chemicals Recent Developments
6.13 Zelang
6.13.1 Zelang Comapny Information
6.13.2 Zelang Business Overview
6.13.3 Zelang Licorice Extract Sales, Revenue and Gross Margin (2019-2024)
6.13.4 Zelang Licorice Extract Product Portfolio
6.13.5 Zelang Recent Developments
6.14 Changyue
6.14.1 Changyue Comapny Information
6.14.2 Changyue Business Overview
6.14.3 Changyue Licorice Extract Sales, Revenue and Gross Margin (2019-2024)
6.14.4 Changyue Licorice Extract Product Portfolio
6.14.5 Changyue Recent Developments
6.15 Bokai
6.15.1 Bokai Comapny Information
6.15.2 Bokai Business Overview
6.15.3 Bokai Licorice Extract Sales, Revenue and Gross Margin (2019-2024)
6.15.4 Bokai Licorice Extract Product Portfolio
6.15.5 Bokai Recent Developments
7 North America by Country
7.1 North America Licorice Extract Sales by Country
7.1.1 North America Licorice Extract Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.1.2 North America Licorice Extract Sales by Country (2019-2024)
7.1.3 North America Licorice Extract Sales Forecast by Country (2025-2030)
7.2 North America Licorice Extract Market Size by Country
7.2.1 North America Licorice Extract Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.2.2 North America Licorice Extract Market Size by Country (2019-2024)
7.2.3 North America Licorice Extract Market Size Forecast by Country (2025-2030)
8 Europe by Country
8.1 Europe Licorice Extract Sales by Country
8.1.1 Europe Licorice Extract Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.1.2 Europe Licorice Extract Sales by Country (2019-2024)
8.1.3 Europe Licorice Extract Sales Forecast by Country (2025-2030)
8.2 Europe Licorice Extract Market Size by Country
8.2.1 Europe Licorice Extract Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.2.2 Europe Licorice Extract Market Size by Country (2019-2024)
8.2.3 Europe Licorice Extract Market Size Forecast by Country (2025-2030)
9 Asia-Pacific by Country
9.1 Asia-Pacific Licorice Extract Sales by Country
9.1.1 Asia-Pacific Licorice Extract Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.1.2 Asia-Pacific Licorice Extract Sales by Country (2019-2024)
9.1.3 Asia-Pacific Licorice Extract Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Licorice Extract Market Size by Country
9.2.1 Asia-Pacific Licorice Extract Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.2.2 Asia-Pacific Licorice Extract Market Size by Country (2019-2024)
9.2.3 Asia-Pacific Licorice Extract Market Size Forecast by Country (2025-2030)
10 Latin America by Country
10.1 Latin America Licorice Extract Sales by Country
10.1.1 Latin America Licorice Extract Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.1.2 Latin America Licorice Extract Sales by Country (2019-2024)
10.1.3 Latin America Licorice Extract Sales Forecast by Country (2025-2030)
10.2 Latin America Licorice Extract Market Size by Country
10.2.1 Latin America Licorice Extract Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.2.2 Latin America Licorice Extract Market Size by Country (2019-2024)
10.2.3 Latin America Licorice Extract Market Size Forecast by Country (2025-2030)
11 Middle East and Africa by Country
11.1 Middle East and Africa Licorice Extract Sales by Country
11.1.1 Middle East and Africa Licorice Extract Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.1.2 Middle East and Africa Licorice Extract Sales by Country (2019-2024)
11.1.3 Middle East and Africa Licorice Extract Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Licorice Extract Market Size by Country
11.2.1 Middle East and Africa Licorice Extract Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.2.2 Middle East and Africa Licorice Extract Market Size by Country (2019-2024)
11.2.3 Middle East and Africa Licorice Extract Market Size Forecast by Country (2025-2030)
12 Value Chain and Sales Channels Analysis
12.1 Licorice Extract Value Chain Analysis
12.1.1 Licorice Extract Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Licorice Extract Production Mode & Process
12.2 Licorice Extract Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Licorice Extract Distributors
12.2.3 Licorice Extract Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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