openPR Logo
Press release

Licorice Extracts Market Growth Opportunities Report 2025

12-06-2017 11:22 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparency Market Research Reports

/ PR Agency: Transparency Market Research Reports
Licorice Extracts Market Growth Opportunities Report 2025

The presence of a number of well-established players points towards a high degree of competition in the global licorice extracts market, states the report by Transparency Market Research (TMR). Over the coming years, innovation and product advancements is likely to remain the most preferred strategy among the market players, looking for expansion in their presence.

Read Report Overview @
https://www.transparencymarketresearch.com/licorice-extracts-market.html

According to TMR, the opportunity in the global market for licorice extracts is anticipated to expand at a CAGR of 4.0% during the period from 2017 to 2025, rising from US$1.70 bn in 2016 to US$2.3 bn by the end of the period of the forecast. The powder form of licorice extracts has been reporting a higher demand across the world due to its widespread application in food and beverages and skincare products. Analysts project the scenario to remain same throughout the forecast period, reveals the research study.

Strong Demand from Asian Countries to Safeguard Asia Pacific’s Lead

The Middle East and Africa, Europe, North America, Latin America, and Asia Pacific have been considered as the prime regional markets for licorice extracts in this research report. The study further presents a comprehensive assessment of these regional markets, according to which Asia Pacific, with a share of more than 32%, led the global market for licorice extracts in 2016. Thanks to the high demand for these extracts in China, India, Japan, and the Rest of Asia Pacific, this regional market is expected to continue on the top throughout the forecast period.

Europe is likely to follow Asia Pacific closely and occupy the second position in the global market over the years to come, thanks to the rising demand for low calorie foods, boosted by the increasing preference of consumers for a healthier lifestyle. North America, on the other hand, is anticipated to register a significant rise in its market share in the near future.

The imminent growth opportunities generated by the augmenting usage of herbal medicines is likely to propel the North America market for licorice extracts over the next few years. The Latin America and the Middle East and Africa markets for licorice extracts are also projected to witness noticeable growth during the forecast period, states the research report.

Increasing Awareness about Health and Wellness to Drive Demand

“The rising demand for herbal medicines and various other products related to health and wellness across the world is having a substantial impact in the global licorice extract market,” says an analyst at TMR. Nowadays, people are more conscious regarding their health and fitness, which has prompted them to shift to various medical supplements, especially natural, herbal, and sugar-free, leading to an increased uptake of natural ingredients in medical supplements. This, as a result, is boosting the demand for licorice extracts, worldwide, reflecting positively on this market.

Request to view Sample Report:
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=18749

Going forward, the market is likely to gain significantly in the near future from the increasing usage of sugar-free products, fueled by the augmenting concerns over the rising prevalence of diabetes and obesity. However, the dominance of synthetic sweeteners over the years, owing to their cost effectiveness and easy availability may limit the uptake of licorice extracts to some extent in the years to come, notes the research study.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

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 Extracts Market Growth Opportunities Report 2025 here

News-ID: 847577 • Views: 86

More Releases from Transparency Market Research Reports

Acrolein Market Outlook, Competitive Landscape And Forecasts To 2024
Acrolein, also known as 2-propenal is the simplest unsaturated aldehyde. It’s a colourless liquid and exhibits a disagreeable acrid smell.. Acrolein is manufactured from petrochemical feedstocks such as propylene and glycerine. Acrolein is primarily used as an important intermediate and a specialty chemical. Acrolein is rapidly gaining importance due to its versatile use in plastic and paint industries. One of the most widely used industrial methods of preparing acrolein involves
Polycyclohexylenedimethylene Terephthalate (PCT) Market Set For Rapid Growth And …
Polycyclohexylenedimethylene terephthalate (PCT) is typically a thermoplastic polyester produced from the polycondensation of cyclohexylene-dimethanol and terephthalic acid. The chemical structure of polycyclohexylenedimethylene terephthalate (PCT) is quite similar to that of polyethylene terephthalate (PET). Moreover, the properties of polycyclohexylenedimethylene terephthalate (PCT) such as dimensional stability and chemical resistance are same as that of polyethylene terephthalate (PET). Furthermore, PCT is principally resistant to hydrolysis and high temperatures. Owing to all such properties,
Sulfur Chemicals Market Outlook, Competitive Landscape And Forecasts To 2024
Global Sulfur Chemicals Market: Overview The growing demand for sulfur chemicals in various end use industries such as the food, wine, pharmaceuticals, oil and gas, agriculture, detergents, and bio chemical processes is aiding the expansion of the global sulfur chemicals market. Sulfur chemicals are also vital ingredients in fertilizers. They are used in the vulcanization of black rubber, for plaster production in the construction industry, and for the treatment of
Urethane Adhesives Market To Receive Overwhelming Hike In Revenues By 2024
Global Urethane Adhesives Market: Brief Description Urethane adhesives are referred to as materials which are moisture curing and have a single cure and component when they are unprotected in the presence of moisture either in substrate or in the atmosphere. During the process of the cure, a little amount of carbon dioxide is given out in the atmosphere which further has no effect on the bonding process. Urethane adhesives are elastic

All 5 Releases


More Releases for TMR

TMR Research
Global 3D Animation Market: Snapshot The evolution and introduction of three-dimensional (3D) animation has given the world of animation a new perspective. The process of creating 3D moving images in a digital space through objects or models has given these illusions depth. One of the most fundamental differences between 2D animation and 3D animation is the technique used for creating the images and the way they look. The global 3D animation
TMR
Various strategies are leveraged by success-hungry players in the global hyperbaric oxygen therapy devices market. One of them is the thrust on research and development to come up with new or better products. Their focus is on building cost-effective medical devices that would see greater uptake. Strategic partnerships are also being undertaken by them to diversify product portfolios and gain greater share. Further, companies are shifting their gaze to developing
Monolithic Ceramics Market Analysis : TMR
Transparency Market Research has published a new market report titled “Monolithic Ceramics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.” According to the report, the global monolithic ceramics market was valued at US$ 19.43 Bn in 2014 and is anticipated to reach US$ 36.64 Bn by 2023, expanding at a CAGR of 7.3% between 2015 and 2023. Request to view Sample Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3158 Monolithic ceramics are
TMR - 3D Printing Materials Market by 2020
The global 3D printing materials market will exhibit a CAGR of 18.0% between 2014 and 2020. The market was valued at US$450 mn in 2013 and is expected to reach US$1.4 bn by the end of 2020, according to a research report released by Transparency Market Research. The report titled “3D Printing Materials - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020” is available for sale
Wax Market Analysis : TMR
A recent research report published by Transparency Market Research projects the global wax market to expand at a CAGR of 2.6% during the period between 2014 and 2020. The report, titled “Wax Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,” estimates the global wax market to be worth US$8.98 bn by 2020. The overall market stood at a valuation of US$8.21 bn in 2013
Sulfone Polymers Market Analysis : TMR
Global Sulfone Polymers Market: Snapshot Several grades/varieties of sulfone polymers have gained vast applicability across a number of industries in the past few years. The relatively higher level of resistance wear and corrosion provided by these materials as compared to metals have increased their usage in medical devices and implants. Owing to their high transparency resistance, low weight, and high performance, the demand for sulfone polymers is also rising in the