Global Licorice Root Extract Powder Market Growth 2024-2030

Global Licorice Root Extract Powder Market Growth 2024-2030

The global Licorice Root Extract Powder market size is projected to grow from US$ 1241.4 million in 2023 to US$ 1946.8 million in 2030; it is expected to grow at a CAGR of 6.6% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Licorice Root Extract Powder Industry Forecast” looks at past sales and reviews total world Licorice Root Extract Powder sales in 2023, providing a comprehensive analysis by region and market sector of projected Licorice Root Extract Powder sales for 2024 through 2030. With Licorice Root 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 Root Extract Powder industry.

This Insight Report provides a comprehensive analysis of the global Licorice Root 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 Root 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 Root Extract Powder market.

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

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.

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

Segmentation by type
Licorice Glabra
Urallicorice
Radix Glycyrrhizae
Others

Segmentation by application
Cosmetics Industry
Pharmaceuticals Industry
Food and Beverage 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.
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

Key Questions Addressed in this Report

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

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

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

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

How does Licorice Root Extract Powder break out type, application?

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