Press release
Liquorice Extracts Market to See Growth at a Rate of 4.30% By 2030 | Top Players: NOREVO, Zagros Liquorice co., MAFCO Worldwide LLC
Liquorice Extracts Market
Data Bridge Market Research analyses that the liquorice extracts market is expected to reach USD 4.30 billion by 2030, which was USD 2.37 billion in 2022, registering a CAGR of 4.30% from 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
liquorice extract is an herbal extract derived from organically and wild-grown glycyrrhiza glabra liquorice roots. It has an aromatic and sweet flavor and is prepared by boiling the pulp of liquorice roots. It is generally available in liquid, blocks, paste, and powdered forms and used as a flavoring agent and natural sweetener in beverages, candies, and medicines. It exhibits numerous anti-inflammatory, antimicrobial, anticancer, and antioxidant properties that help treat menopausal symptoms, hot flashes, acid reflux, heartburn and bacterial, digestive ailments, and viral infections.
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Market Scope and Global Licorice Extracts Market
The major players covered in the licorice extracts market report are FC Liquorice, Iranlicorice.com, NOREVO, Zagros Liquorice co., MAFCO Worldwide LLC, VPL Chemicals., RANSOM NATURALS LTD, Aushadhi Herbal, Aseh Co., Green Wave Ingredients Inc., Sanat Products LTD., Maruzen Pharmaceutical Co., Ltd., Alfarid Corporation Limited., Nutra Green Biotechnology Co.,Ltd., Avestia Pharma, Mafco Worldwide LLC, Mitsubishi Corporation Life Sciences Limited., HYUNDAI BIOLAND, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Global Liquorice Extracts Market Scope
The liquorice extracts market is segmented on the basis of product, form, grade, application and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
• Glycyrrhizin
• Glycyrrhizinate
• Flavonoids
• Others
Form
• Blocks
• Paste
• Powder
• Granules
• Semi Liquid or Liquid
Grade
• Food
• Pharmaceutical
• Feed
Application
• Food and Beverages
• Tobacco Products
• Cosmetics and Personal Care
• Pharmaceuticals
• Others
Distribution Channel
• Online
• Offline
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Data Bridge Market Research analyses that the liquorice extracts market is expected to reach USD 4.30 billion by 2030, which was USD 2.37 billion in 2022, registering a CAGR of 4.30% from 2023 to 2030.
Market Definition
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