Global Liquorice Extracts Market

Global Liquorice Extracts Market Key Players Competitive Survey Report 2023

Global Liquorice Extracts Market

Global Liquorice Extracts Market Key Players Competitive Survey Report 2023


Get latest Market Research Reports on Liquorice Extracts. Industry analysis and Market Report on Liquorice Extracts is a syndicated market report, published as Global Liquorice Extracts Market Research Report . It is complete Research Study and Industry Analysis of Liquorice Extracts market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market

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The global Liquorice Extracts market size in 2022 is 2370.0 million US dollars, and it is expected to be 3182.3 million US dollars by 2029, with a compound annual growth rate of 4.30% expected in 2023-2029.

MARKET COMPETITIVE LANDSCAPE:

The main players in the Liquorice Extracts market include FC Licorice (Israel), Sepidan Osareh Jonoob Co. (Iran), MAFCO Worldwide LLC (U.S.), VPL Chemicals (India), and Aushadhi Herbal (India). The share of the top 3 players in the Liquorice Extracts market is XX%.

REGION SHARE:

The report covers the market size information of North America, Europe, Asia Pacific, Latin America, Middle East and Africa, in which North America accounted for XX%, Europe accounted for XX% of Liquorice Extracts market, and Asia Pacific accounted for XX%.

SEGMENT OVERVIEW:

The report segments the market by Type and Application. Glycyrrhizin accounted for XX% of Liquorice Extracts market in 2022. Glycyrrhizinate share of XX%.

Food accounted for XX% of the Liquorice Extracts market in 2022. Pharmaceutical accounts for XX%.

The cumulative impact of COVID-19, Russia-Ukraine conflict, and high inflation is expected to have a significant long-term impact on the global Liquorice Extracts markets. Ongoing research considers changes in consumer behavior, supply chain disruptions, and government intervention caused by the pandemic. Likewise, the report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine conflict and its potential impact on the supply-demand balance, pressure on pricing variables, and import, export, and trade. In addition, the report discusses the impact of high inflation on the global economy and details fiscal policies to measure and reduce its impact on demand, supply, cash flows, and currency exchange.

Market Statistics:

Reports provide market sizes and forecasts for multiple major currencies (USD, EUR, JPY, GBP, CNY, etc.); multi-currency support helps organizational leaders make informed decisions. This report takes 2018-2021 as the historical year, 2022 as the base year, 2023 as the semi-forecast year, and 2024-2029 as the full forecast year.

Market Share Analysis:

Market share analysis provides deep insights into the current status of vendors in a particular market space. By comparing suppliers' contributions to total revenue, customer base, and other key metrics, we can give companies a better understanding of their performance and the challenges they face as they compete for market share. The analysis also sheds light on the competitiveness of any given sector in terms of accumulation, diversification of strengths, and consolidation characteristics during the base year studied.

The report provides insights on the following metrics:

Market Penetration: Provides comprehensive information on the market offered by key players

Market Diversification: Provides detailed information on new product launches, greenfield regions, recent developments and investments

Market Trends: A Big Picture of the Cumulative Impact of COVID-19, Russia-Ukraine Conflict, and High Inflation

Competitive assessment and intelligence: Provides an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape and manufacturing capabilities of leading players

Product Development & Innovation: Provides intelligent insights into future technologies, R&D activities, and breakthrough product developments

Market Segmentation: Segment by Type, Application, and Region to provide detailed insights into market information.

Chapter Outline

Chapter 1: Introduces the product overview, market scope, product classification, application, and regional division, and then includes inflation analysis, the impact of the Russo-Ukrainian war on the market, and the global impact of the coronavirus disease (COVID-19).

Chapters 2-4: Segmented the global Liquorice Extracts market by type, application and region. Analyze the revenue, sales and price of market segments from different perspectives.

Chapters 5-9: Provide North America, Europe, Asia-Pacific, Latin America and Middle East & Africa Liquorice Extracts market type, application and country market segmentation data.

Chapter 10: Analysis of the competitive environment of Liquorice Extracts market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the players' M&A and expansion in recent years.

Chapter 11: Analyzes the main companies in the Liquorice Extracts industry, including their main businesses, products/services, sales, prices, revenue, gross margin, and the latest developments.

Chapters 12-14: Provide detailed Liquorice Extracts market forecast data, broken down by type, application, and region to help understand future growth trends.

Chapter 15: Analyzes the Liquorice Extracts manufacturing cost, including raw material analysis, manufacturing cost structure, and industrial chain.

Chapter 16: Analyzes the Liquorice Extracts industry chain, including marketing channels, distributors and major downstream buyers.

Chapter 17: Introduces the market dynamics, the trends factors and drivers factors of the market, and the challenges and restraints faced by manufacturers in the industry.

Chapter 18: The main points and conclusions of the report.

Highlights-Regions

North America

United States

Canada

Europe

Germany

France

UK

Italy

Russia

Spain

Nordic

Asia Pacific

China

Japan

South Korea

India

Southeast Asia

Australia

Latin America

Brazil

Mexico

Argentina

Middle East & Africa

Egypt

South Africa

UAE

Turkey

Saudi Arabia

Player list

FC Licorice (Israel)

Sepidan Osareh Jonoob Co. (Iran)

MAFCO Worldwide LLC (U.S.)

VPL Chemicals (India)

Aushadhi Herbal (India)

MARUZEN PHARMACEUTICALS CO., LTD. (Japan)

Nutra Green Biotechnology Co.,Ltd. (China)

Avestia Pharma (India)

C.E. Roeper (Germany)

Botanic Healthcare (India)

Beijing Gingko Group (Beijing)

Types list

Glycyrrhizin

Glycyrrhizinate

Flavonoids

Others

Application list

Food

Pharmaceutical

Feed

Table of Content

1 Liquorice Extracts Market Introduction and Overview

1.1 Liquorice Extracts Definition

1.2 Research Purposes

1.3 Report Timeline

1.4 Economic Analysis of Global Regions

1.5 Inflation Analysis

1.6 The Impact of the Russian-Ukrainian War on the Market

1.7 Coronavirus Disease 2020 (COVID-19) Impact on Global

2 Global Liquorice Extracts Historical Market Analysis by Type

2.1 Market Size Analysis by Types

2.2 Global Liquorice Extracts Revenue and Market Share by Type

2.3 Global Liquorice Extracts Sales and Market Share by Type

3 Global Liquorice Extracts Historical Market Analysis by Application

3.1 Market Size Analysis by Application

3.2 Global Liquorice Extracts Revenue Market Share by Application (2018-2023)

3.3 Global Liquorice Extracts Sales Market Share by Application (2018-2023)

4 Global Market Growth Trends Analysis

4.1 Global Liquorice Extracts Market Size (2018-2023)

4.2 Liquorice Extracts Growth Trends Analysis by Regions

4.2.1 Liquorice Extracts Market Size by Regions: 2018 VS 2023 VS 2029

4.2.2 Liquorice Extracts Historic Revenue Market Size by Regions (2018-2023)

4.2.3 Liquorice Extracts Historic Sales Market Size by Regions (2018-2023)

4.2.4 North America Liquorice Extracts Market Size (2018-2023)

4.2.5 Europe Liquorice Extracts Market Size (2018-2023)

4.2.6 Asia-Pacific Liquorice Extracts Market Size (2018-2023)

4.2.7 Latin America Liquorice Extracts Market Size (2018-2023)

4.2.8 Middle East & Africa Liquorice Extracts Market Size (2018-2023)

5 North America

5.1 North America Liquorice Extracts Revenue by Countries

5.1.1 North America Liquorice Extracts Revenue by Countries (2018-2023)

5.1.2 North America Liquorice Extracts Sales by Countries (2018-2023)

5.2 North America Liquorice Extracts Sales by Types

5.3 North America Liquorice Extracts Sales by Applications

5.4 United States

5.5 Canada

6 Asia Pacific

6.1 Asia Pacific Liquorice Extracts Revenue by Countries

6.1.1 Asia Pacific Liquorice Extracts Revenue by Countries (2018-2023)

6.1.2 Asia Pacific Liquorice Extracts Sales by Countries (2018-2023)

6.2 Asia Pacific Liquorice Extracts Sales by Types

6.3 Asia Pacific Liquorice Extracts Sales by Applications

6.4 China

6.5 Japan

6.6 Korea

6.7 Southeast Asia

6.8 India

6.9 Australia

7 Europe

7.1 Europe Liquorice Extracts Revenue by Countries

7.1.1 Europe Liquorice Extracts Revenue by Countries (2018-2023)

7.1.2 Europe Liquorice Extracts Sales by Countries (2018-2023)

7.2 Europe Liquorice Extracts Sales by Types

7.3 Europe Liquorice Extracts Sales by Applications

7.4 Germany

7.5 France

7.6 UK

7.7 Italy

7.8 Russia

7.9 Spain

7.10 Nordic

8 Latin America

8.1 Latin America Liquorice Extracts Revenue by Countries

8.1.1 Latin America Liquorice Extracts Revenue by Countries (2018-2023)

8.1.2 Latin America Liquorice Extracts Sales by Countries (2018-2023)

8.2 Latin America Liquorice Extracts Sales by Types

8.3 Latin America Liquorice Extracts Sales by Applications

8.4 Brazil

8.5 Argentina

8.6 Mexico

9 Middle East & Africa

9.1 Middle East & Africa Liquorice Extracts Revenue by Countries

9.1.1 Middle East & Africa Liquorice Extracts Revenue by Countries (2018-2023)

9.1.2 Middle East & Africa Liquorice Extracts Sales by Countries (2018-2023)

9.2 Middle East & Africa Liquorice Extracts Sales by Types

9.3 Middle East & Africa Liquorice Extracts Sales by Applications

9.4 Egypt

9.5 South Africa

9.6 UAE

9.7 Turkey

9.8 Saudi Arabia

10 Global Liquorice Extracts Market Competition, by Players

10.1 Global Liquorice Extracts Revenue and Market Share by Players

10.2 Market Concentration Rate

10.2.1 Top 3 Liquorice Extracts Players Market Share in 2022

10.2.2 Top 6 Liquorice Extracts Players Market Share in 2022

10.2.3 Market Competition Trend

10.3 Liquorice Extracts Players Head Office, Business Provided

10.4 Liquorice Extracts Mergers & Acquisitions

10.5 Liquorice Extracts New Entrants and Expansion Plans

11 Players Profiles

11.1 FC Licorice (Israel)

11.1.1 FC Licorice (Israel) Company Profile

11.1.2 Liquorice Extracts Product Overview

11.1.3 FC Licorice (Israel) Liquorice Extracts Market Performance (2018-2023)

11.1.4 FC Licorice (Israel) Business Overview

11.1.5 Recent Developments and Plans

11.2 Sepidan Osareh Jonoob Co. (Iran)

11.2.1 Sepidan Osareh Jonoob Co. (Iran) Company Profile

11.2.2 Liquorice Extracts Product Overview

11.2.3 Sepidan Osareh Jonoob Co. (Iran) Liquorice Extracts Market Performance (2018-2023)

11.2.4 Sepidan Osareh Jonoob Co. (Iran) Business Overview

11.2.5 Recent Developments and Plans

11.3 MAFCO Worldwide LLC (U.S.)

11.3.1 MAFCO Worldwide LLC (U.S.) Company Profile

11.3.2 Liquorice Extracts Product Overview

11.3.3 MAFCO Worldwide LLC (U.S.) Liquorice Extracts Market Performance (2018-2023)

11.3.4 MAFCO Worldwide LLC (U.S.) Business Overview

11.3.5 Recent Developments and Plans

11.4 VPL Chemicals (India)

11.4.1 VPL Chemicals (India) Company Profile

11.4.2 Liquorice Extracts Product Overview

11.4.3 VPL Chemicals (India) Liquorice Extracts Market Performance (2018-2023)

11.4.4 VPL Chemicals (India) Business Overview

11.4.5 Recent Developments and Plans

11.5 Aushadhi Herbal (India)

11.5.1 Aushadhi Herbal (India) Company Profile

11.5.2 Liquorice Extracts Product Overview

11.5.3 Aushadhi Herbal (India) Liquorice Extracts Market Performance (2018-2023)

11.5.4 Aushadhi Herbal (India) Business Overview

11.5.5 Recent Developments and Plans

11.6 MARUZEN PHARMACEUTICALS CO., LTD. (Japan)

11.6.1 MARUZEN PHARMACEUTICALS CO., LTD. (Japan) Company Profile

11.6.2 Liquorice Extracts Product Overview

11.6.3 MARUZEN PHARMACEUTICALS CO., LTD. (Japan) Liquorice Extracts Market Performance (2018-2023)

11.6.4 MARUZEN PHARMACEUTICALS CO., LTD. (Japan) Business Overview

11.6.5 Recent Developments and Plans

11.7 Nutra Green Biotechnology Co.,Ltd. (China)

11.7.1 Nutra Green Biotechnology Co.,Ltd. (China) Company Profile

11.7.2 Liquorice Extracts Product Overview

11.7.3 Nutra Green Biotechnology Co.,Ltd. (China) Liquorice Extracts Market Performance (2018-2023)

11.7.4 Nutra Green Biotechnology Co.,Ltd. (China) Business Overview

11.7.5 Recent Developments and Plans

11.8 Avestia Pharma (India)

11.8.1 Avestia Pharma (India) Company Profile

11.8.2 Liquorice Extracts Product Overview

11.8.3 Avestia Pharma (India) Liquorice Extracts Market Performance (2018-2023)

11.8.4 Avestia Pharma (India) Business Overview

11.8.5 Recent Developments and Plans

11.9 C.E. Roeper (Germany)

11.9.1 C.E. Roeper (Germany) Company Profile

11.9.2 Liquorice Extracts Product Overview

11.9.3 C.E. Roeper (Germany) Liquorice Extracts Market Performance (2018-2023)

11.9.4 C.E. Roeper (Germany) Business Overview

11.9.5 Recent Developments and Plans

11.10 Botanic Healthcare (India)

11.10.1 Botanic Healthcare (India) Company Profile

11.10.2 Liquorice Extracts Product Overview

11.10.3 Botanic Healthcare (India) Liquorice Extracts Market Performance (2018-2023)

11.10.4 Botanic Healthcare (India) Business Overview

11.10.5 Recent Developments and Plans

11.11 Beijing Gingko Group (Beijing)

11.11.1 Beijing Gingko Group (Beijing) Company Profile

11.11.2 Liquorice Extracts Product Overview

11.11.3 Beijing Gingko Group (Beijing) Liquorice Extracts Market Performance (2018-2023)

11.11.4 Beijing Gingko Group (Beijing) Business Overview

11.11.5 Recent Developments and Plans

12 Global Liquorice Extracts Forecast Market Analysis by Type

12.1 Global Liquorice Extracts Revenue Market Forecast by Type (2023-2029)

12.2 Global Liquorice Extracts Sales Market Forecast by Type (2023-2029)

13 Global Liquorice Extracts Forecast Market Analysis by Application

13.1 Liquorice Extracts Revenue Market Forecast by Application (2023-2029)

13.2 Liquorice Extracts Sales Market Forecast by Application (2023-2029)

14 Global Market Growth Forecast Analysis

14.1 Global Liquorice Extracts Forecast Market Size (2023-2029)

14.2 Liquorice Extracts Growth Trends Forecast Analysis by Regions

14.2.1 Liquorice Extracts Revenue Forecast Market Size by Regions (2023-2029)

14.2.2 Liquorice Extracts Sales Forecast Market Size by Regions (2023-2029)

14.2.3 North America Liquorice Extracts Forecast Market Size (2023-2029)

14.2.4 Europe Liquorice Extracts Forecast Market Size (2023-2029)

14.2.5 Asia-Pacific Liquorice Extracts Forecast Market Size (2023-2029)

14.2.6 Latin America Liquorice Extracts Forecast Market Size (2023-2029)

14.2.7 Middle East & Africa Liquorice Extracts Forecast Market Size (2023-2029)

15 Liquorice Extracts Manufacturing Cost Analysis

15.1 Liquorice Extracts Key Raw Materials Analysis

15.1.1 Key Raw Materials

15.1.2 Price Trend of Key Raw Materials

15.1.3 Key Suppliers of Raw Materials

15.2 Proportion of Manufacturing Cost Structure

15.2.1 Raw Materials

15.2.2 Labor Cost

15.2.3 Manufacturing Expenses

15.3 Manufacturing Process Analysis of Liquorice Extracts

15.4 Liquorice Extracts Industrial Chain Analysis

16 Market Channel, Distributors, Traders and Dealers

16.1 Market Channel Status

16.1.1 Direct Marketing

16.1.2 Indirect Marketing

16.2 Liquorice Extracts Typical Distributors

16.3 Liquorice Extracts Typical Customers

17 Liquorice Extracts Industry Dynamic Analysis

17.1 Liquorice Extracts Market Trends Analysis

17.2 Liquorice Extracts Market Drivers Analysis

17.3 Liquorice Extracts Market Challenges Analysis

17.4 Liquorice Extracts Market Restraints Analysis

18 Research Findings and Conclusion

Tables & Figures:
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Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Liquorice Extracts Market Size Estimation

To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.

Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.

Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.

We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.

Data Source

Secondary Sources

This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.

These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

Primary Sources

As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.

On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.

These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.

Key Data Information from Primary Sources

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
Is the Liquorice Extracts Market shifting its focus from growth to value?
Recognize the areas along the Liquorice Extracts Market's value chain where players are generating value. To get a complete picture, kindly read the entire report.
What years are taken into account in the Liquorice Extracts Market study?
The Liquorice Extracts Market study evaluates the year spans as follows: Historical year: 2019 to 2024; Base year: 2024; Forecast period**: 2025 to 2030 [** unless otherwise stated]
What are the underlying opportunities in the Liquorice Extracts Market?
The influx of capital into the Liquorice Extracts Market, as well as the deployment of technologies designed to increase efficiency and yield high volume, are paving the way for promising market opportunities.
What does the future hold for the Liquorice Extracts Industry?
This latest research publication on the Liquorice Extracts Market is an in-depth market tracker that provides a comprehensive assessment of the challenges that manufacturers face in achieving new growth cycles in the current scenario.