Global Licorice Extract Market Size study, by Form (Paste, Block, Powder, and Others); by Application (Food and Beverage, Cosmetics and Personal Care, Dietary Supplements, Tobacco Products and Other Applications) and Regional Forecasts 2022-2028

Global Licorice Extract Market Size study, by Form (Paste, Block, Powder, and Others); by Application (Food and Beverage, Cosmetics and Personal Care, Dietary Supplements, Tobacco Products and Other Applications) and Regional Forecasts 2022-2028

Global Licorice Extract Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.75% over the forecast period 2022-2028. Licorice extracts and roots have been used for thousands of years, notably in Asia, to cure several diseases such as digestive trouble, respiratory disorders, and inflammation. Licorice contains about 300 chemicals, many of which have anti-viral, anti-microbial, and anti-inflammatory activities. The market growth is driven by key factors such as growing demand for natural and organic products and increasing demand for plant-based natural ingredients. For instance, as per Statista, in 2017, organic food sales in the United States amounted to around USD 45.2 billion. which is increased to USD 56.5 billion in 2020. Furthermore, rising investment in research and development propels the market opportunities in the forecast years. Naturex announced in March 2019 that it could invest in coloring meals with Vegebrite Ultimate Spirulina. A new extraction line, which triples spirulina production capacity, has been installed at the company's Avignon, France, production location. However, increase in the cost of raw materials impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Licorice Extract Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Europe is leading the global market, owing to growing applications of licorice along with scarcity in production. However, North America is projected to be the fastest growing region, due to rising occurrence of various habitual disorders, such as diabetes and obesity.

Major market players included in this report are:
Norevo GmbH
Zagros Licorice Co.
FC Licorice
Sepidan Osareh Co.
ASEH Licorice MFG & Exp. Co.,
Naturex SA(Givaudan)
MAFCO Worldwide LLC
VPL Chemicals
Aseh Co.
Maruzen Pharmaceuticals Co. Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Application offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application:
Food and Beverages
Cosmetics and Personal Care
Dietary Supplements
Tobacco Products
Other Applications
By Form:
Block
Powder
Paste
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Licorice Extract Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Norevo GmbH
Zagros Licorice Co.
FC Licorice
Sepidan Osareh Co.
ASEH Licorice MFG & Exp. Co.,
Naturex SA(Givaudan)
MAFCO Worldwide LLC
VPL Chemicals
Aseh Co.
Maruzen Pharmaceuticals Co. Ltd.

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.


Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Licorice Extract Market, by Region, 2020-2028 (USD Billion)
1.2.2. Licorice Extract Market, by Application, 2020-2028 (USD Billion)
1.2.3. Licorice Extract Market, by Form, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Licorice Extract Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Licorice Extract Market Dynamics
3.1. Licorice Extract Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Growing demand for natural and organic products
3.1.1.2. Increasing demand for plant-based natural ingredients
3.1.2. Market Challenges
3.1.2.1. Increase in the cost of raw materials
3.1.3. Market Opportunities
3.1.3.1. Rising investments in research and development activities
Chapter 4. Global Licorice Extract Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Licorice Extract Market, by Application
6.1. Market Snapshot
6.2. Global Licorice Extract Market by Application, Performance - Potential Analysis
6.3. Global Licorice Extract Market Estimates & Forecasts by Application, 2018-2028 (USD Billion)
6.4. Licorice Extract Market, Sub Segment Analysis
6.4.1. Food and Beverages
6.4.2. Cosmetics and Personal Care
6.4.3. Dietary Supplements
6.4.4. Tobacco Products
6.4.5. Other Applications
Chapter 7. Global Licorice Extract Market, by Form
7.1. Market Snapshot
7.2. Global Licorice Extract Market by Form, Performance - Potential Analysis
7.3. Global Licorice Extract Market Estimates & Forecasts by Form, 2018-2028 (USD Billion)
7.4. Licorice Extract Market, Sub Segment Analysis
7.4.1. Block
7.4.2. Powder
7.4.3. Paste
7.4.4. Others
Chapter 8. Global Licorice Extract Market, Regional Analysis
8.1. Licorice Extract Market, Regional Market Snapshot
8.2. North America Licorice Extract Market
8.2.1. U.S. Licorice Extract Market
8.2.1.1. Application breakdown estimates & forecasts, 2018-2028
8.2.1.2. Form breakdown estimates & forecasts, 2018-2028
8.2.2. Canada Licorice Extract Market
8.3. Europe Licorice Extract Market Snapshot
8.3.1. U.K. Licorice Extract Market
8.3.2. Germany Licorice Extract Market
8.3.3. France Licorice Extract Market
8.3.4. Spain Licorice Extract Market
8.3.5. Italy Licorice Extract Market
8.3.6. Rest of Europe Licorice Extract Market
8.4. Asia-Pacific Licorice Extract Market Snapshot
8.4.1. China Licorice Extract Market
8.4.2. India Licorice Extract Market
8.4.3. Japan Licorice Extract Market
8.4.4. Australia Licorice Extract Market
8.4.5. South Korea Licorice Extract Market
8.4.6. Rest of Asia Pacific Licorice Extract Market
8.5. Latin America Licorice Extract Market Snapshot
8.5.1. Brazil Licorice Extract Market
8.5.2. Mexico Licorice Extract Market
8.6. Rest of The World Licorice Extract Market
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Maruzen Pharmaceuticals Co. Ltd.
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. Norevo GmbH
9.2.3. Zagros Licorice Co.
9.2.4. FC Licorice
9.2.5. Sepidan Osareh Co.
9.2.6. ASEH Licorice MFG & Exp. Co.,
9.2.7. Naturex SA(Givaudan)
9.2.8. MAFCO Worldwide LLC
9.2.9. VPL Chemicals
9.2.10. Aseh Co.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption
List of Tables
TABLE 1. Global Licorice Extract Market, report scope
TABLE 2. Global Licorice Extract Market estimates & forecasts by Region 2018-2028 (USD Billion)
TABLE 3. Global Licorice Extract Market estimates & forecasts by Application 2018-2028 (USD Billion)
TABLE 4. Global Licorice Extract Market estimates & forecasts by Form 2018-2028 (USD Billion)
TABLE 5. Global Licorice Extract Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 6. Global Licorice Extract Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 7. Global Licorice Extract Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 8. Global Licorice Extract Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 9. Global Licorice Extract Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 10. Global Licorice Extract Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 11. Global Licorice Extract Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 12. Global Licorice Extract Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 13. Global Licorice Extract Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 14. Global Licorice Extract Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 15. U.S. Licorice Extract Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 16. U.S. Licorice Extract Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 17. U.S. Licorice Extract Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 18. Canada Licorice Extract Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 19. Canada Licorice Extract Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 20. Canada Licorice Extract Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 21. UK Licorice Extract Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 22. UK Licorice Extract Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 23. UK Licorice Extract Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 24. Germany Licorice Extract Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 25. Germany Licorice Extract Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 26. Germany Licorice Extract Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 27. RoE Licorice Extract Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 28. RoE Licorice Extract Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 29. RoE Licorice Extract Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 30. China Licorice Extract Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 31. China Licorice Extract Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 32. China Licorice Extract Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 33. India Licorice Extract Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 34. India Licorice Extract Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 35. India Licorice Extract Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 36. Japan Licorice Extract Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 37. Japan Licorice Extract Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 38. Japan Licorice Extract Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 39. RoAPAC Licorice Extract Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 40. RoAPAC Licorice Extract Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 41. RoAPAC Licorice Extract Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 42. Brazil Licorice Extract Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 43. Brazil Licorice Extract Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 44. Brazil Licorice Extract Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 45. Mexico Licorice Extract Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 46. Mexico Licorice Extract Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 47. Mexico Licorice Extract Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 48. RoLA Licorice Extract Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 49. RoLA Licorice Extract Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 50. RoLA Licorice Extract Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 51. Row Licorice Extract Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 52. Row Licorice Extract Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 53. Row Licorice Extract Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 54. List of secondary sources, used in the study of global Licorice Extract Market
TABLE 55. List of primary sources, used in the study of global Licorice Extract Market
TABLE 56. Years considered for the study
TABLE 57. Exchange rates considered
List of figures
FIG 1. Global Licorice Extract Market, research methodology
FIG 2. Global Licorice Extract Market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Licorice Extract Market, key trends 2021
FIG 5. Global Licorice Extract Market, growth prospects 2022-2028
FIG 6. Global Licorice Extract Market, porters 5 force model
FIG 7. Global Licorice Extract Market, pest analysis
FIG 8. Global Licorice Extract Market, value chain analysis
FIG 9. Global Licorice Extract Market by segment, 2018 & 2028 (USD Billion)
FIG 10. Global Licorice Extract Market by segment, 2018 & 2028 (USD Billion)
FIG 11. Global Licorice Extract Market by segment, 2018 & 2028 (USD Billion)
FIG 12. Global Licorice Extract Market by segment, 2018 & 2028 (USD Billion)
FIG 13. Global Licorice Extract Market by segment, 2018 & 2028 (USD Billion)
FIG 14. Global Licorice Extract Market, regional snapshot 2018 & 2028
FIG 15. North America Licorice Extract Market 2018 & 2028 (USD Billion)
FIG 16. Europe Licorice Extract Market 2018 & 2028 (USD Billion)
FIG 17. Asia Pacific Licorice Extract Market 2018 & 2028 (USD Billion)
FIG 18. Latin America Licorice Extract Market 2018 & 2028 (USD Billion)
FIG 19. Global Licorice Extract Market, company market share analysis (2021)

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