Licorice Extract Market, Industry Share, Growth, Demand, Segmentation and Forecast To 2029
The licorice extract market has witnessed steady growth over the past decade and is projected to continue this trend in the coming years. Licorice extract, derived from the roots of the licorice plant, is widely used in the food and beverage, pharmaceutical, and cosmetic industries for its sweetening, flavoring, and medicinal properties.Market Size and Growth
The global licorice extract market was valued at US$ 1.9 Bn in 2019 and is expected to reach US$ 2.9 Bn by 2029, growing at a CAGR of 4% during the forecast period.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ญ (๐๐ฌ๐ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ ๐๐๐ข๐ฅ ๐๐ ๐๐จ๐ซ ๐๐ฎ๐ข๐๐ค ๐๐๐ฌ๐ฉ๐จ๐ง๐ฌ๐) -https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=18749&utm_source=OpenPR_Sudha&utm_campaign=OpenPR
Market Segmentation
By Form: Powder, Liquid
By Application: Food and Beverage, Pharmaceutical, Cosmetic
By Region: North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa
Regional Analysis
North America: The largest consumer of licorice extract, driven by the growing demand for natural ingredients in the food and beverage industry.
Europe: Increasing adoption of licorice extract in the pharmaceutical sector for its medicinal properties.
Asia-Pacific: Rapidly expanding market, driven by the rising disposable income and changing consumer preferences in countries like China and India.
Market Drivers and Challenges
Drivers: Growing consumer awareness regarding the health benefits of licorice extract, increasing demand for natural sweeteners and flavoring agents.
Challenges: Fluctuating raw material prices, stringent regulations regarding the use of licorice extract in certain regions.
Market Trends
Increasing use of licorice extract in herbal supplements and traditional medicine.
Growing popularity of licorice-flavored products in the cosmetic industry.
๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.transparencymarketresearch.com/checkout.php?rep_id=18749<ype=S&utm_source=OpenPR_Sudha&utm_campaign=OpenPR
Competitive Landscape
The licorice extract market is highly competitive, with key players focusing on product innovation and expansion strategies to gain a competitive edge. Some of the prominent players in the market include Norevo GmbH, F&C Licorice Ltd, Mafco Worldwide LLC, Zagros Licorice Co., VPL Chemicals PVT Ltd., SepidanOsareh Co., ASEH Licorice MFG & Exp. Co., Maruzen, Pharmaceuticals Co. Ltd, Zelang Group, Ransom Naturals Ltd, etc.
Future Outlook
The licorice extract market is expected to witness significant growth in the coming years, driven by the increasing demand for natural ingredients in various industries. However, factors such as fluctuating raw material prices and regulatory challenges could impact market growth.
Key Market Study Points
Market Size and Growth Rate
Market Segmentation
Regional Analysis
Market Drivers and Challenges
Competitive Landscape
Future Outlook
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก -
๐๐๐ฅ๐ง๐ฎ๐ญ ๐๐๐ซ๐ค๐๐ญ - https://www.prnewswire.com/news-releases/walnut-market-size-is-projected-to-reach-usd-11-1-billion-at-a-4-3-cagr-by-2031---transparency-market-research-inc-302032434.html
๐ ๐ฎ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐ ๐ฅ๐จ๐ฎ๐ซ ๐๐๐ซ๐ค๐๐ญ - https://www.prnewswire.com/news-releases/functional-flour-market-worth-usd-147-3-billion-by-2031--at-7-6-cagr---report-by-transparency-market-research-inc-302024373.html
๐๐๐จ๐ฎ๐ญ ๐๐ฌ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Licorice Extract Market, Industry Share, Growth, Demand, Segmentation and Forecast To 2029 here
News-ID: 3418552 • Views: โฆ
More Releases from Transparency Market Research
Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights f โฆ
The global handheld marijuana vaporizer market has witnessed remarkable growth in recent years, attributed to the increasing acceptance of medicinal marijuana and the demand for convenient and discreet consumption methods. Valued at US$ 5 billion in 2021, the market is projected to surge at a CAGR of 13.4% to reach US$ 15.9 billion by 2031. This article delves into the factors driving this growth, the evolving market landscape, and theโฆ
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And โฆ
The COVID-19 pandemic has precipitated a remarkable surge in the demand for disinfectant products, with a notable emphasis on disinfectant wipes as an essential tool in maintaining hygiene and preventing the spread of pathogens. This research report delves into the multifaceted landscape of the disinfectant wipes market, elucidating key trends, drivers, and innovations shaping the industry.
๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐
๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=70359
Key Players and Market Developments
Key playersโฆ
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Stud โฆ
The global ๐ญ๐ข๐ฌ๐ฌ๐ฎ๐ ๐๐๐ง๐ค๐ข๐ง๐ ๐ฆ๐๐ซ๐ค๐๐ญ reached a value of US$ 1,056.4 million in 2017 and is projected to nearly triple to US$ 2,903.3 million by 2026, with a robust Compound Annual Growth Rate (CAGR) of approximately 12.0% from 2018 to 2026. Factors such as increasing awareness about tissue donation, technological advancements, and a growing target patient population are anticipated to propel market growth during this period.
Moreover, the market is expectedโฆ
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
This report by Transparency Market Research, Inc. assesses the present state and future growth potential of the global ๐ฏ๐๐ฌ๐๐ฎ๐ฅ๐๐ซ ๐๐ฅ๐จ๐ฌ๐ฎ๐ซ๐ ๐๐๐ฏ๐ข๐๐๐ฌ ๐ฆ๐๐ซ๐ค๐๐ญ. It features a comprehensive executive summary, offering insights into various segments of the market. Additionally, the report provides detailed analysis and data on product, access type, application, end user, and regional segments within the global market.
Vascular closure devices is estimated to reach a value of ~US$ 1 Bnโฆ
More Releases for Licorice
Licorice Extracts Market Global Briefing, Growth Analysis And Opportunities Outl โฆ
By applying market intelligence for the winningย Licorice Extractsย Marketย business report, industry experts assess strategic options, outline successful action plans and support companies with critical bottom-line decisions. Furthermore, all the stats, data, facts and figures collected to prepare this market report are obtained from the trustworthy sources such as websites, journals, merges, newspapers and other authentic sources. Not to mention, this gathered data and information is represented very well in the wholeโฆ
Global Licorice Extract Market 2020 | Norevo GmbH., Ransom Naturals, Aushadhi He โฆ
The Global Licorice Extract Market report focuses market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Licorice Extract Market development in worldwide. The report offers a precise evaluation of market size, share, demand, revenue, and growth rates. It presents current trends in the global market and projects the revenue and potential developments of key players. The report contains reviews of theโฆ
Licorice Root Market Production Growth Rate (2019-2025) by Top 5 Manufacturers- โฆ
Global Licorice Root Market Research Report 2019 by Manufacturers- Norevo, Mafco Worldwide, FandC Licorice, Zagros Licorice, Sepidan Osareh, VPL Chemicals
The global Licorice Root market is valued at million US$ in 2018 is expected to reach million US$ by the end of 2025, growing at a CAGR of during 2019-2025.
This report focuses on Licorice Root volume and value at global level, regional level and company level. From a global perspective, thisโฆ
Licorice Extract Market Is Expected To Witness Significant Growth on ASEH, Zagro โฆ
The research report of global Licorice Extract market is a comprehensive study of the latest trends and opportunities afloat this business space. Broadly segmented in terms of key products, respective applications, pivotal regions, and the fundamental companies, this report forecasts Licorice Extract market to traverse alongside a highly profitable growth path by 2022.
The major players in global and United States market, including
Magnasweet, ASEH, Zagros Licorice, Sepidan Osareh, F&C Licorice, Norevoโฆ
Licorice Extracts Market 2017- Norevo GmbH, Mafco Worldwide, F&C Licorice, Zagro โฆ
Apex Research, recently published a detailed market research study focused on the "Licorice Extracts Market" across the global, regional and country level. The report provides 360ยฐ analysis of "Licorice Extracts Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Licorice Extracts industry, and estimates the future trend of Licorice Extracts market onโฆ
Global Licorice Extract Market 2017 - Magnasweet, ASEH, Zagros Licorice, Sepidan โฆ
Global Licorice Extract Market Research Report by Type, Manufacturers, Application, Type, and Regions, Forecast till 2022
Scope of Licorice Extract Market:
A market study based on the "Licorice Extract Market" across the globe, recently added to the repository of Market Research, is titled โGlobal Licorice Extract Market 2017โ. The research report analyses the historical as well as present performance of the worldwide Licorice Extract industry, and makes predictions on the futureโฆ