Global Licorice Extract Powder Market Growth 2023-2029

Global Licorice Extract Powder Market Growth 2023-2029

Licorice extract powder has been used extensively in both traditional medicine and home remedies from ancient times. Along with health benefits, it has amazing skin care benefits too.

LPI (LP Information)' newest research report, the “Licorice Extract Powder Industry Forecast” looks at past sales and reviews total world Licorice Extract Powder sales in 2022, providing a comprehensive analysis by region and market sector of projected Licorice Extract Powder sales for 2023 through 2029. With Licorice Extract Powder sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Licorice Extract Powder industry.

This Insight Report provides a comprehensive analysis of the global Licorice Extract Powder 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 Extract Powder portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Licorice Extract Powder market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Licorice Extract Powder 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 Extract Powder.

The global Licorice Extract Powder market size is projected to grow from US$ 851.1 million in 2022 to US$ 821.3 million in 2029; it is expected to grow at a CAGR of 821.3 from 2023 to 2029.

United States market for Licorice Extract Powder is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Licorice Extract Powder is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Licorice Extract Powder is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Licorice Extract Powder players cover Magnasweet, ASEH, Zagros Licorice, Sepidan Osareh, F&C Licorice, Norevo GmbH, Ransom Naturals, Maruzen Pharmaceuticals and MCFS, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Licorice Extract Powder market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Pharmaceutical Grade
Food Grade
Feed Grade

Segmentation by application
Pharmaceutical Industry
Food Industry
Cosmetic Industry
Others

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.
Magnasweet
ASEH
Zagros Licorice
Sepidan Osareh
F&C Licorice
Norevo GmbH
Ransom Naturals
Maruzen Pharmaceuticals
MCFS
Aushadhi Herbal
Avestia Pharma
VPL Chemicals
Zelang
Changyue
Bokai

Key Questions Addressed in this Report

What is the 10-year outlook for the global Licorice Extract Powder market?

What factors are driving Licorice Extract Powder market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Licorice Extract Powder market opportunities vary by end market size?

How does Licorice Extract Powder 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.