Global Licorice Candy Market Growth 2023-2029

Global Licorice Candy Market Growth 2023-2029

Liquorice (British English) or licorice (American English) is a confection usually flavoured and coloured black with the extract of the roots of the liquorice plant glycyrrhiza glabra.
LPI (LP Information)' newest research report, the “Licorice Candy Industry Forecast” looks at past sales and reviews total world Licorice Candy sales in 2022, providing a comprehensive analysis by region and market sector of projected Licorice Candy sales for 2023 through 2029. With Licorice Candy sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Licorice Candy industry.
This Insight Report provides a comprehensive analysis of the global Licorice Candy landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Licorice Candy portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Licorice Candy market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Licorice Candy and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Licorice Candy.
The global Licorice Candy market size is projected to grow from US$ 1533.6 million in 2022 to US$ 2125.3 million in 2029; it is expected to grow at a CAGR of 2125.3 from 2023 to 2029.
Of the major brands of licorice candy, Twizzzlers maintained its first place in the ranking in 2019, accounted for 20.64% global market share. Other players accounted for 4.39% and 3.65% including Red Vines and Wiley Wallaby. Europe is the largest consumption area, making up 52.79% in 2019. North America ranks the second, total Licorice Candy accounted for 34.06%.
This report presents a comprehensive overview, market shares, and growth opportunities of Licorice Candy market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Original Black Licorice
Fruit Flavored Candy
Segmentation by application
Supermarket
Online Sales
Convenient Store
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Twizzzlers
Red Vines
Wiley Wallaby
Venco
Good & Plenty
Halva
Klene
RJ’S
Kraepelien & Holm
Kenny’s Candy
Switzer’s Authentic Candy
Mrs. Call’s Candy
Gimbals Fine Candies
Kookaburra Liquorice
Key Questions Addressed in this Report
What is the 10-year outlook for the global Licorice Candy market?
What factors are driving Licorice Candy market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Licorice Candy market opportunities vary by end market size?
How does Licorice Candy break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.