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Synopsis
Licorice extract comes from the licorice plant. The root of the plant is primarily used in preparing the extract, and the hard woody plant is pulped then boiled to further extract and refine the contents.
Licorice extract is a natural ingredient often found in both food and herbal medicine supplements. While the full medicinal effectiveness of licorice has not been completely tested, some benefits have been proven and others have enough support to warrant its inclusion in a number of supplements. Often found in teas and used in a number of different products as a flavoring ingredient, licorice extract can provide help in treating stomach issues such as heartburn, but does have some noteworthy side effects that should be considered.
The global Licorice Extract market was valued at US$ 870 million in 2023 and is anticipated to reach US$ 839.6 million by 2030, witnessing a CAGR of -0.5% during the forecast period 2024-2030.
Global Licorice Extract key players include Magnasweet, ASEH, Zagros Licorice, Sepidan Osareh, Norevo GmbH, etc. Global top five players hold a share about 25%.
Europe is the largest market, with a share about 20%, followed by China and Japan, having a total share about 25 percent.
In terms of product, Food Gradeis the largest segment, with a share about 55%. And in terms of application, the largest application is Food Industry, followed by Pharmaceutical Industry, Cosmetic Industry, etc.
This report aims to provide a comprehensive presentation of the global market for Licorice Extract, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Licorice Extract.
Report Scope
The Licorice Extract market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Licorice Extract market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Licorice Extract manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
By Company
- Magnasweet
- ASEH
- Zagros Licorice
- Sepidan Osareh
- FandC Licorice
- Norevo GmbH
- Ransom Naturals
- Maruzen Pharmaceuticals
- MCFS
- Aushadhi Herbal
- Avestia Pharma
- VPL Chemicals
- Zelang
- Changyue
- Bokai
Segment by Type
- Pharmaceutical Grade
- Food Grade
- Feed Grade
Segment by Application
- Pharmaceutical
- Food
- Cosmetic
- Others
Production by Region
- North America
- Europe
- Middle East and Africa
- Japan
- China
- India
Consumption by Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Netherlands)
- Asia-Pacific (China, Japan, South Korea, China Taiwan, Southeast Asia, India)
- Latin America, Middle East & Africa (Latin America, Mexico, Brazil, Turkey)
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Licorice Extract manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Licorice Extract by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Licorice Extract in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index
1 Licorice Extract Market Overview
1.1 Product Definition
1.2 Licorice Extract Segment by Type
1.2.1 Global Licorice Extract Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Pharmaceutical Grade
1.2.3 Food Grade
1.2.4 Feed Grade
1.3 Licorice Extract Segment by Application
1.3.1 Global Licorice Extract Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Pharmaceutical
1.3.3 Food
1.3.4 Cosmetic
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Licorice Extract Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Licorice Extract Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Licorice Extract Production Estimates and Forecasts (2019-2030)
1.4.4 Global Licorice Extract Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Licorice Extract Production Market Share by Manufacturers (2019-2024)
2.2 Global Licorice Extract Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Licorice Extract, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Licorice Extract Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Licorice Extract Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Licorice Extract, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Licorice Extract, Product Offered and Application
2.8 Global Key Manufacturers of Licorice Extract, Date of Enter into This Industry
2.9 Licorice Extract Market Competitive Situation and Trends
2.9.1 Licorice Extract Market Concentration Rate
2.9.2 Global 5 and 10 Largest Licorice Extract Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Licorice Extract Production by Region
3.1 Global Licorice Extract Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Licorice Extract Production Value by Region (2019-2030)
3.2.1 Global Licorice Extract Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Licorice Extract by Region (2025-2030)
3.3 Global Licorice Extract Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Licorice Extract Production by Region (2019-2030)
3.4.1 Global Licorice Extract Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Licorice Extract by Region (2025-2030)
3.5 Global Licorice Extract Market Price Analysis by Region (2019-2024)
3.6 Global Licorice Extract Production and Value, Year-over-Year Growth
3.6.1 North America Licorice Extract Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Licorice Extract Production Value Estimates and Forecasts (2019-2030)
3.6.3 Middle East and Africa Licorice Extract Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Licorice Extract Production Value Estimates and Forecasts (2019-2030)
3.6.5 China Licorice Extract Production Value Estimates and Forecasts (2019-2030)
3.6.6 India Licorice Extract Production Value Estimates and Forecasts (2019-2030)
4 Licorice Extract Consumption by Region
4.1 Global Licorice Extract Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Licorice Extract Consumption by Region (2019-2030)
4.2.1 Global Licorice Extract Consumption by Region (2019-2024)
4.2.2 Global Licorice Extract Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Licorice Extract Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Licorice Extract Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Licorice Extract Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Licorice Extract Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Licorice Extract Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Licorice Extract Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Licorice Extract Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Licorice Extract Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Licorice Extract Production by Type (2019-2030)
5.1.1 Global Licorice Extract Production by Type (2019-2024)
5.1.2 Global Licorice Extract Production by Type (2025-2030)
5.1.3 Global Licorice Extract Production Market Share by Type (2019-2030)
5.2 Global Licorice Extract Production Value by Type (2019-2030)
5.2.1 Global Licorice Extract Production Value by Type (2019-2024)
5.2.2 Global Licorice Extract Production Value by Type (2025-2030)
5.2.3 Global Licorice Extract Production Value Market Share by Type (2019-2030)
5.3 Global Licorice Extract Price by Type (2019-2030)
6 Segment by Application
6.1 Global Licorice Extract Production by Application (2019-2030)
6.1.1 Global Licorice Extract Production by Application (2019-2024)
6.1.2 Global Licorice Extract Production by Application (2025-2030)
6.1.3 Global Licorice Extract Production Market Share by Application (2019-2030)
6.2 Global Licorice Extract Production Value by Application (2019-2030)
6.2.1 Global Licorice Extract Production Value by Application (2019-2024)
6.2.2 Global Licorice Extract Production Value by Application (2025-2030)
6.2.3 Global Licorice Extract Production Value Market Share by Application (2019-2030)
6.3 Global Licorice Extract Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Magnasweet
7.1.1 Magnasweet Licorice Extract Corporation Information
7.1.2 Magnasweet Licorice Extract Product Portfolio
7.1.3 Magnasweet Licorice Extract Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Magnasweet Main Business and Markets Served
7.1.5 Magnasweet Recent Developments/Updates
7.2 ASEH
7.2.1 ASEH Licorice Extract Corporation Information
7.2.2 ASEH Licorice Extract Product Portfolio
7.2.3 ASEH Licorice Extract Production, Value, Price and Gross Margin (2019-2024)
7.2.4 ASEH Main Business and Markets Served
7.2.5 ASEH Recent Developments/Updates
7.3 Zagros Licorice
7.3.1 Zagros Licorice Licorice Extract Corporation Information
7.3.2 Zagros Licorice Licorice Extract Product Portfolio
7.3.3 Zagros Licorice Licorice Extract Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Zagros Licorice Main Business and Markets Served
7.3.5 Zagros Licorice Recent Developments/Updates
7.4 Sepidan Osareh
7.4.1 Sepidan Osareh Licorice Extract Corporation Information
7.4.2 Sepidan Osareh Licorice Extract Product Portfolio
7.4.3 Sepidan Osareh Licorice Extract Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Sepidan Osareh Main Business and Markets Served
7.4.5 Sepidan Osareh Recent Developments/Updates
7.5 FandC Licorice
7.5.1 FandC Licorice Licorice Extract Corporation Information
7.5.2 FandC Licorice Licorice Extract Product Portfolio
7.5.3 FandC Licorice Licorice Extract Production, Value, Price and Gross Margin (2019-2024)
7.5.4 FandC Licorice Main Business and Markets Served
7.5.5 FandC Licorice Recent Developments/Updates
7.6 Norevo GmbH
7.6.1 Norevo GmbH Licorice Extract Corporation Information
7.6.2 Norevo GmbH Licorice Extract Product Portfolio
7.6.3 Norevo GmbH Licorice Extract Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Norevo GmbH Main Business and Markets Served
7.6.5 Norevo GmbH Recent Developments/Updates
7.7 Ransom Naturals
7.7.1 Ransom Naturals Licorice Extract Corporation Information
7.7.2 Ransom Naturals Licorice Extract Product Portfolio
7.7.3 Ransom Naturals Licorice Extract Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Ransom Naturals Main Business and Markets Served
7.7.5 Ransom Naturals Recent Developments/Updates
7.8 Maruzen Pharmaceuticals
7.8.1 Maruzen Pharmaceuticals Licorice Extract Corporation Information
7.8.2 Maruzen Pharmaceuticals Licorice Extract Product Portfolio
7.8.3 Maruzen Pharmaceuticals Licorice Extract Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Maruzen Pharmaceuticals Main Business and Markets Served
7.7.5 Maruzen Pharmaceuticals Recent Developments/Updates
7.9 MCFS
7.9.1 MCFS Licorice Extract Corporation Information
7.9.2 MCFS Licorice Extract Product Portfolio
7.9.3 MCFS Licorice Extract Production, Value, Price and Gross Margin (2019-2024)
7.9.4 MCFS Main Business and Markets Served
7.9.5 MCFS Recent Developments/Updates
7.10 Aushadhi Herbal
7.10.1 Aushadhi Herbal Licorice Extract Corporation Information
7.10.2 Aushadhi Herbal Licorice Extract Product Portfolio
7.10.3 Aushadhi Herbal Licorice Extract Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Aushadhi Herbal Main Business and Markets Served
7.10.5 Aushadhi Herbal Recent Developments/Updates
7.11 Avestia Pharma
7.11.1 Avestia Pharma Licorice Extract Corporation Information
7.11.2 Avestia Pharma Licorice Extract Product Portfolio
7.11.3 Avestia Pharma Licorice Extract Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Avestia Pharma Main Business and Markets Served
7.11.5 Avestia Pharma Recent Developments/Updates
7.12 VPL Chemicals
7.12.1 VPL Chemicals Licorice Extract Corporation Information
7.12.2 VPL Chemicals Licorice Extract Product Portfolio
7.12.3 VPL Chemicals Licorice Extract Production, Value, Price and Gross Margin (2019-2024)
7.12.4 VPL Chemicals Main Business and Markets Served
7.12.5 VPL Chemicals Recent Developments/Updates
7.13 Zelang
7.13.1 Zelang Licorice Extract Corporation Information
7.13.2 Zelang Licorice Extract Product Portfolio
7.13.3 Zelang Licorice Extract Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Zelang Main Business and Markets Served
7.13.5 Zelang Recent Developments/Updates
7.14 Changyue
7.14.1 Changyue Licorice Extract Corporation Information
7.14.2 Changyue Licorice Extract Product Portfolio
7.14.3 Changyue Licorice Extract Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Changyue Main Business and Markets Served
7.14.5 Changyue Recent Developments/Updates
7.15 Bokai
7.15.1 Bokai Licorice Extract Corporation Information
7.15.2 Bokai Licorice Extract Product Portfolio
7.15.3 Bokai Licorice Extract Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Bokai Main Business and Markets Served
7.15.5 Bokai Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Licorice Extract Industry Chain Analysis
8.2 Licorice Extract Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Licorice Extract Production Mode & Process
8.4 Licorice Extract Sales and Marketing
8.4.1 Licorice Extract Sales Channels
8.4.2 Licorice Extract Distributors
8.5 Licorice Extract Customers
9 Licorice Extract Market Dynamics
9.1 Licorice Extract Industry Trends
9.2 Licorice Extract Market Drivers
9.3 Licorice Extract Market Challenges
9.4 Licorice Extract Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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