all report title image
  • Published On : Nov 2017
  • Code : CMI1025
  • Industry : Food Ingredients
  • Pages : 150
  • Formats :
Ingographics Image

Licorice is root of Glycyrrhiza glabra, which is a widely used as medicinal herb. Licorice extract is produced by boiling its root. It is effectively used as anti-bacterial, anti-inflammatory, anti-diabetic, anti-fungal, anti-oxidant, anti-diuretic agent, and for skin whitening. Licorice is used as a sweetener in beverages and candies and also as medical herb, as a flavoring agent in tea and in confectionery. The licorice extracts market is witnessing a steady growth due to increasing demand for herbal products, pharmaceuticals products, and others. However, allergic reactions, vision problems, weight changes etc. are some of the restraining factors expected to adversely affect growth of the licorice extracts market.

Market Dynamics

Asia Pacific is expected to be dominant in the global market over the forecast period. This is mainly attributed to increasing demand for herbal medicines and in pharmaceuticals. In Europe, increasing consumer preference for natural ingredients in food and beverages drives growth of the licorice extracts market. Furthermore, demand for licorice from confectionery industry is also projected to witness significant growth owing to increasing consumer preference for sugar free items, driving growth of the licorice extract market. Also, growing production of MAG sweeteners and usage of licorice extracts in tobacco products is expected to boost growth of the market.

Key features of the study:

  • This report provides in-depth analysis of licorice extracts and provides market size (US$ Mn and Kilotons (KT)) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017–2025), considering 2016 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
  • It profiles leading players in the global licorice extracts market on the basis of the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include Norevo GmbH, MAFCO Worldwide LLC, FC Licorice, Zagros Licorice Co., Ransom Naturals Ltd., Aushadhi Herba, VPL Chemicals, Sepidan Osareh Co. and among others.
  • Insights from this report would allow marketers and the management authorities of companies to make informed decisions regarding their future product launch, technology up-gradation, market expansion, and marketing tactics
  • The global licorice extracts market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision making through the various strategy matrices used in analyzing the licorice extracts market

Detailed Segmentation:

  • Global Licorice Extracts Market, By Product Type:
    • Food Grade
    • Feed Grade
    • Pharmaceutical Grade
  • Global Licorice Extracts Market, By Form Type:
    • Powder
    • Liquid
    • Block
  • Global Licorice Extracts Market, By Application:
    • Food & Beverages
    • Pharmaceutical
    • Tobacco
    • Others
  • Global Licorice Extracts Market, By Geography:
    • North America
      • U.S.
        • By Product Type:
          • Food Grade
          • Feed Grade
          • Pharmaceutical Grade
        • By Form Type:
          • Powder
          • Liquid
          • Block
        • By Application:
          • Food & Beverages
          • Pharmaceutical
          • Tobacco
          • Others
      • Canada
        • By Product Type:
          • Food Grade
          • Feed Grade
          • Pharmaceutical Grade
        • By Form Type:
          • Powder
          • Liquid
          • Block
        • By Application:
          • Food & Beverages
          • Pharmaceutical
          • Tobacco
          • Others
    • Europe
      • U.K.
        • By Product Type:
          • Food Grade
          • Feed Grade
          • Pharmaceutical Grade
        • By Form Type:
          • Powder
          • Liquid
          • Block
        • By Application:
          • Food & Beverages
          • Pharmaceutical
          • Tobacco
          • Others
      • Germany
        • By Product Type:
          • Food Grade
          • Feed Grade
          • Pharmaceutical Grade
        • By Form Type:
          • Powder
          • Liquid
          • Block
        • By Application:
          • Food & Beverages
          • Pharmaceutical
          • Tobacco
          • Others
      • Italy
        • By Product Type:
          • Food Grade
          • Feed Grade
          • Pharmaceutical Grade
        • By Form Type:
          • Powder
          • Liquid
          • Block
        • By Application:
          • Food & Beverages
          • Pharmaceutical
          • Tobacco
          • Others
      • France
        • By Product Type:
          • Food Grade
          • Feed Grade
          • Pharmaceutical Grade
        • By Form Type:
          • Powder
          • Liquid
          • Block
        • By Application:
          • Food & Beverages
          • Pharmaceutical
          • Tobacco
          • Others
      • Russia
        • By Product Type:
          • Food Grade
          • Feed Grade
          • Pharmaceutical Grade
        • By Form Type:
          • Powder
          • Liquid
          • Block
        • By Application:
          • Food & Beverages
          • Pharmaceutical
          • Tobacco
          • Others
      • Rest of Europe
        • By Product Type:
          • Food Grade
          • Feed Grade
          • Pharmaceutical Grade
        • By Form Type:
          • Powder
          • Liquid
          • Block
        • By Application:
          • Food & Beverages
          • Pharmaceutical
          • Tobacco
          • Others
    • Asia-Pacific
      • China
        • By Product Type:
          • Food Grade
          • Feed Grade
          • Pharmaceutical Grade
        • By Form Type:
          • Powder
          • Liquid
          • Block
        • By Application:
          • Food & Beverages
          • Pharmaceutical
          • Tobacco
          • Others
      • India
        • By Product Type:
          • Food Grade
          • Feed Grade
          • Pharmaceutical Grade
        • By Form Type:
          • Powder
          • Liquid
          • Block
        • By Application:
          • Food & Beverages
          • Pharmaceutical
          • Tobacco
          • Others
      • Japan
        • By Product Type:
          • Food Grade
          • Feed Grade
          • Pharmaceutical Grade
        • By Form Type:
          • Powder
          • Liquid
          • Block
        • By Application:
          • Food & Beverages
          • Pharmaceutical
          • Tobacco
          • Others
      • ASEAN
        • By Product Type:
          • Food Grade
          • Feed Grade
          • Pharmaceutical Grade
        • By Form Type:
          • Powder
          • Liquid
          • Block
        • By Application:
          • Food & Beverages
          • Pharmaceutical
          • Tobacco
          • Others
      • Australia
        • By Product Type:
          • Food Grade
          • Feed Grade
          • Pharmaceutical Grade
        • By Form Type:
          • Powder
          • Liquid
          • Block
        • By Application:
          • Food & Beverages
          • Pharmaceutical
          • Tobacco
          • Others
      • South Korea
        • By Product Type:
          • Food Grade
          • Feed Grade
          • Pharmaceutical Grade
        • By Form Type:
          • Powder
          • Liquid
          • Block
        • By Application:
          • Food & Beverages
          • Pharmaceutical
          • Tobacco
          • Others
      • Rest of Asia Pacific
        • By Product Type:
          • Food Grade
          • Feed Grade
          • Pharmaceutical Grade
        • By Form Type:
          • Powder
          • Liquid
          • Block
        • By Application:
          • Food & Beverages
          • Pharmaceutical
          • Tobacco
          • Others
    • Latin America
      • Brazil
        • By Product Type:
          • Food Grade
          • Feed Grade
          • Pharmaceutical Grade
        • By Form Type:
          • Powder
          • Liquid
          • Block
        • By Application:
          • Food & Beverages
          • Pharmaceutical
          • Tobacco
          • Others
      • Mexico
        • By Product Type:
          • Food Grade
          • Feed Grade
          • Pharmaceutical Grade
        • By Form Type:
          • Powder
          • Liquid
          • Block
        • By Application:
          • Food & Beverages
          • Pharmaceutical
          • Tobacco
          • Others
      • Rest of Latin America
        • By Product Type:
          • Food Grade
          • Feed Grade
          • Pharmaceutical Grade
        • By Form Type:
          • Powder
          • Liquid
          • Block
        • By Application:
          • Food & Beverages
          • Pharmaceutical
          • Tobacco
          • Others
    • Middle East
      • GCC
        • By Product Type:
          • Food Grade
          • Feed Grade
          • Pharmaceutical Grade
        • By Form Type:
          • Powder
          • Liquid
          • Block
        • By Application:
          • Food & Beverages
          • Pharmaceutical
          • Tobacco
          • Others
      • Israel
        • By Product Type:
          • Food Grade
          • Feed Grade
          • Pharmaceutical Grade
        • By Form Type:
          • Powder
          • Liquid
          • Block
        • By Application:
          • Food & Beverages
          • Pharmaceutical
          • Tobacco
          • Others
      • Rest of Middle East
        • By Product Type:
          • Food Grade
          • Feed Grade
          • Pharmaceutical Grade
        • By Form Type:
          • Powder
          • Liquid
          • Block
        • By Application:
          • Food & Beverages
          • Pharmaceutical
          • Tobacco
          • Others
    • Africa
      • North Africa
        • By Product Type:
          • Food Grade
          • Feed Grade
          • Pharmaceutical Grade
        • By Form Type:
          • Powder
          • Liquid
          • Block
        • By Application:
          • Food & Beverages
          • Pharmaceutical
          • Tobacco
          • Others
      • Central Africa
        • By Product Type:
          • Food Grade
          • Feed Grade
          • Pharmaceutical Grade
        • By Form Type:
          • Powder
          • Liquid
          • Block
        • By Application:
          • Food & Beverages
          • Pharmaceutical
          • Tobacco
          • Others
      • South Africa
        • By Product Type:
          • Food Grade
          • Feed Grade
          • Pharmaceutical Grade
        • By Form Type:
          • Powder
          • Liquid
          • Block
        • By Application:
          • Food & Beverages
          • Pharmaceutical
          • Tobacco
          • Others
  • Company Profiles
    • Norevo GmbH *
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • MAFCO Worldwide LLC
    • FC Licorice
    • Zagros Licorice Co.
    • Ransom Naturals Ltd.
    • Aushadhi Herba
    • VPL Chemicals
    • Sepidan Osareh Co.
    • Zelang Group
    • Maruzen Pharmaceuticals Co. Ltd.

“*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objective and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Market Definition and Scope
    • Market Snippet By Product Type
    • Market Snippet By Form
    • Market Snippet By Application
    • Market Snippet By Region
    • Report Description
    • Executive Summary
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Drivers
    • Restraints
    • Market Opportunities
    • Regulatory Scenario
    • Industry Trend
    • Merger and Acquisitions
    • New Product Type Approvals/Launch
    • Promotion and Marketing Initiatives
    • Market Dynamics
    • Cost Tier Down Analysis
  4. Global Licorice Extracts Market, By Product Type, 2017–2025 (US$ Mn & Kilotons)
    • Market Share Analysis, 2016 and 2025 (%)
    • Y-o-Y Growth Analysis, 2017–2025
    • Segment Trends
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Mn & Kilotons)
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Mn & Kilotons)
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Mn & Kilotons)
    • Introduction
    • Food Grade
    • Feed Grade
    • Pharmaceutical Grade
  5. Global Licorice Extracts Market, By Form, 2017–2025 (US$ Mn & Kilotons)
    • Market Share Analysis, 2016 and 2025 (%)
    • Y-o-Y Growth Analysis, 2017–2025
    • Segment Trends
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Mn & Kilotons)
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Mn & Kilotons)
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Mn & Kilotons)
    • Introduction
    • Powder
    • Liquid
    • Block
  6. Global Licorice Extracts Market, By Application, 2017 – 2025 (US$ Mn & Kilotons)
    • Market Share Analysis, 2016 and 2025 (%)
    • Y-o-Y Growth Analysis, 2017–2025
    • Segment Trends
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Mn & Kilotons)
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Mn & Kilotons)
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Mn & Kilotons)
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Mn & Kilotons)
    • Introduction
    • Food & Beverages
    • Pharmaceutical
    • Tobacco
    • Others
  7. Global Licorice Extracts Market, By Region, 2017–2025 (US$ Mn & Kilotons)
    • Market Share Analysis, 2016 and 2025 (%)
    • Y-o-Y Growth Analysis, For Regions, 2017–2025
    • Market Share Analysis, By Country, 2017 and 2025 (%)
    • Y-o-Y Growth Analysis, By Country, 2017–2025
      • Country Trends
      • Market Size and Forecast, By Product Type, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Form, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Application, 2017–2025 (US$ Mn & Kilotons)
      • Country Trends
      • Market Size and Forecast, By Product Type, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Form, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Application, 2017–2025 (US$ Mn & Kilotons)
      • U.S.
      • Canada
    • Market Share Analysis, By Country, 2016 and 2025 (%)
    • Y-o-Y Growth Analysis, By Country, 2017–2025
      • Country Trends
      • Market Size and Forecast, By Product Type, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Form, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Application, 2017–2025 (US$ Mn & Kilotons)
      • Country Trends
      • Market Size and Forecast, By Product Type, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Form, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Application, 2017–2025 (US$ Mn & Kilotons)
      • Country Trends
      • Market Size and Forecast, By Product Type, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Form, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Application, 2017–2025 (US$ Mn & Kilotons)
      • Country Trends
      • Market Size and Forecast, By Product Type, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Form, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Application, 2017–2025 (US$ Mn & Kilotons)
      • Country Trends
      • Market Size and Forecast, By Product Type, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Form, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Application, 2017–2025 (US$ Mn & Kilotons)
      • Country Trends
      • Market Size and Forecast, By Product Type, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Form, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Application, 2017–2025 (US$ Mn & Kilotons)
      • Country Trends
      • Market Size and Forecast, By Product Type, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Form, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Application, 2017–2025 (US$ Mn & Kilotons)
      • U.K.
      • Spain
      • Germany
      • Italy
      • France
      • Russia
      • Rest of Europe
    • Market Share Analysis, By Country, 2016 and 2025 (%)
    • Y-o-Y Growth Analysis, By Country, 2017–2025
      • Country Trends
      • Market Size and Forecast, By Product Type, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Form, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Application, 2017–2025 (US$ Mn & Kilotons)
      • Country Trends
      • Market Size and Forecast, By Product Type, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Form, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Application, 2017–2025 (US$ Mn & Kilotons)
      • Country Trends
      • Market Size and Forecast, By Product Type, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Form, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Application, 2017–2025 (US$ Mn & Kilotons)
      • Country Trends
      • Market Size and Forecast, By Product Type, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Form, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Application, 2017–2025 (US$ Mn & Kilotons)
      • Country Trends
      • Market Size and Forecast, By Product Type, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Form, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Application, 2017–2025 (US$ Mn & Kilotons)
      • Country Trends
      • Market Size and Forecast, By Product Type, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Form, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Application, 2017–2025 (US$ Mn & Kilotons)
      • Country Trends
      • Market Size and Forecast, By Product Type, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Form, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Application, 2017–2025 (US$ Mn & Kilotons)
      • China
      • India
      • Japan
      • ASEAN
      • Australia
      • South Korea
      • Rest of Asia Pacific
    • Market Share Analysis, By Country, 2016 and 2025 (%)
    • Y-o-Y Growth Analysis, By Country, 2017–2025
      • Country Trends
      • Market Size and Forecast, By Product Type, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Form, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Application, 2017–2025 (US$ Mn & Kilotons)
      • Country Trends
      • Market Size and Forecast, By Product Type, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Form, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Application, 2017–2025 (US$ Mn & Kilotons)
      • Country Trends
      • Market Size and Forecast, By Product Type, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Form, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Application, 2017–2025 (US$ Mn & Kilotons)
      • Country Trends
      • Market Size and Forecast, By Product Type, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Form, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Application, 2017–2025 (US$ Mn & Kilotons)
      • Brazil
      • Argentina
      • Mexico
      • Rest of Latin America
    • Market Share Analysis, By Country, 2016 and 2025 (%)
    • Y-o-Y Growth Analysis, By Country, 2017–2025
      • Country Trends
      • Market Size and Forecast, By Product Type, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Form, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Application, 2017–2025 (US$ Mn & Kilotons)
      • Country Trends
      • Market Size and Forecast, By Product Type, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Form, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Application, 2017–2025 (US$ Mn & Kilotons)
      • Country Trends
      • Market Size and Forecast, By Product Type, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Form, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Application, 2017–2025 (US$ Mn & Kilotons)
      • GCC
      • Israel
      • Rest of Middle East
    • Market Share Analysis, By Country, 2016 and 2025 (%)
    • Y-o-Y Growth Analysis, By Country, 2017–2025
      • Country Trends
      • Market Size and Forecast, By Product Type, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Form, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Application, 2017–2025 (US$ Mn & Kilotons)
      • Country Trends
      • Market Size and Forecast, By Product Type, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Form, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Application, 2017–2025 (US$ Mn & Kilotons)
      • Country Trends
      • Market Size and Forecast, By Product Type, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Form, 2017–2025 (US$ Mn & Kilotons)
      • Market Size and Forecast, By Application, 2017–2025 (US$ Mn & Kilotons)
      • North Africa
      • Central Africa
      • South Africa
    • Introduction
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East
    • Africa
  8. Competitive Landscape
    • Norevo GmbH
      • Company Overview
      • Product Type Portfolio
      • Financial Performance
      • Recent Developments/Updates
      • Future Plans
    • MAFCO Worldwide LLC
      • Company Overview
      • Product Type Portfolio
      • Financial Performance
      • Recent Developments/Updates
      • Future Plans
    • FC Licorice
      • Company Overview
      • Product Type Portfolio
      • Financial Performance
      • Recent Developments/Updates
      • Future Plans
    • Zagros Licorice Co.
      • Company Overview
      • Product Type Portfolio
      • Financial Performance
      • Recent Developments/Updates
      • Future Plans
    • Ransom Naturals Ltd.
      • Company Overview
      • Product Type Portfolio
      • Financial Performance
      • Recent Developments/Updates
      • Future Plans
    • Aushadhi Herba
      • Company Overview
      • Product Type Portfolio
      • Financial Performance
      • Recent Developments/Updates
      • Future Plans
    • VPL Chemicals
      • Company Overview
      • Product Type Portfolio
      • Financial Performance
      • Recent Developments/Updates
      • Future Plans
    • Sepidan Osareh Co.
      • Company Overview
      • Product Type Portfolio
      • Financial Performance
      • Recent Developments/Updates
      • Future Plans
    • Zelang Group
      • Company Overview
      • Product Type Portfolio
      • Financial Performance
      • Recent Developments/Updates
      • Future Plans
    • Maruzen Pharmaceuticals Co. Ltd.
      • Company Overview
      • Product Type Portfolio
      • Financial Performance
      • Recent Developments/Updates
      • Future Plans
    • Heat Map Analysis
    • Market Share Analysis (3x3 Matrix)
    • Company Profiles
    • Analyst Views
  9. Section
    • References
    • Research Methodology
    • About us and Sales Contact

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