Global Licorice Root Extract Powder Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Licorice Root Extract Powder Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Licorice Root Extract Powder market size was valued at USD 1305.7 million in 2023 and is forecast to a readjusted size of USD 1979.6 million by 2030 with a CAGR of 6.1% during review period.

The development trend for licorice root extract powder is expected to be positive in the coming years. With increasing awareness about the potential health benefits of natural and herbal products, there is a growing demand for licorice root extract powder. It is known for its anti-inflammatory, antioxidant, and antimicrobial properties, making it a popular ingredient in various health and wellness products. Licorice root has been used in traditional medicine systems like Ayurveda and Traditional Chinese Medicine for centuries. As people are becoming more interested in alternative and holistic approaches to healthcare, the demand for licorice root extract powder is expected to increase. Licorice root extract powder is known for its skin-soothing and brightening properties. It is often used in skincare and personal care products like creams, lotions, and serums. As the demand for natural and organic skincare products continues to rise, the use of licorice root extract powder in these products is expected to grow.

The Global Info Research report includes an overview of the development of the Licorice Root Extract Powder industry chain, the market status of Cosmetics Industry (Licorice Glabra, Urallicorice), Pharmaceuticals Industry (Licorice Glabra, Urallicorice), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Licorice Root Extract Powder.

Regionally, the report analyzes the Licorice Root Extract Powder markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Licorice Root Extract Powder market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Licorice Root Extract Powder market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Licorice Root Extract Powder industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Tons), revenue generated, and market share of different by Type (e.g., Licorice Glabra, Urallicorice).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Licorice Root Extract Powder market.

Regional Analysis: The report involves examining the Licorice Root Extract Powder market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Licorice Root Extract Powder market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Licorice Root Extract Powder:

Company Analysis: Report covers individual Licorice Root Extract Powder manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Licorice Root Extract Powder This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Cosmetics Industry, Pharmaceuticals Industry).

Technology Analysis: Report covers specific technologies relevant to Licorice Root Extract Powder. It assesses the current state, advancements, and potential future developments in Licorice Root Extract Powder areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Licorice Root Extract Powder market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Licorice Root Extract Powder market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Licorice Glabra
Urallicorice
Radix Glycyrrhizae
Others

Market segment by Application
Cosmetics Industry
Pharmaceuticals Industry
Food and Beverage Industry
Others

Major players covered
F&C Licorice
Zagros Licorice
Maruzen Pharmaceuticals
Mafco Worldwide
Norevo
Magnasweet
SK Bioland
Amruta Herbals
Ransom Naturals
Sepidan Osareh
MCFS
Sabinsa
Avestia Pharma
BotanicalsPlus
VPL Chemicals
The Garden of Naturalsolution
Carrubba
Aushadhi Herbal
Amsar
Phyto Life Sciences
ASEH

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Licorice Root Extract Powder product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Licorice Root Extract Powder, with price, sales, revenue and global market share of Licorice Root Extract Powder from 2019 to 2024.

Chapter 3, the Licorice Root Extract Powder competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Licorice Root Extract Powder breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Licorice Root Extract Powder market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Licorice Root Extract Powder.

Chapter 14 and 15, to describe Licorice Root Extract Powder sales channel, distributors, customers, research findings and conclusion.