22 Leading Licorice Extract Companies Shaping the Global Market Outlook (2025–2030)
Comprehensive insight into the global licorice extract industry: discover the companies driving innovation, competitive trends, and growth in the sector. Gain an edge with market forecasts, detailed company analysis, and strategic recommendations by accessing the full Licorice Extract Market by Form Type (Liquid Extract, Solid Extract), Packaging Type (Bulk Packaging, Single Packaging), Licorice Variety, Distribution Channel, Application, End-use Industry - Global Forecast 2025-2030 report.
Introduction: The Dynamic Licorice Extract Market in 2025 and Beyond
The global licorice extract market is rapidly evolving, backed by technological innovation, advancing extraction techniques, and a surge in demand from health, cosmetic, and food sectors. As consumer trends favor natural, transparent, and functionally rich ingredients, leading licorice extract companies are embracing sustainability, supply chain traceability, and collaborative R&D to enhance their competitive edge. Below, we spotlight 22 industry top players paving the way for market growth, differentiation, and future-ready solutions—each playing a unique role in shaping licorice extract industry trends and innovations.
Company Spotlights: 22 Prominent Leaders in the Licorice Extract Industry
1. AOS Products Pvt. Ltd.
AOS Products stands at the forefront of natural extract manufacturing, offering a wide array of licorice extracts tailored for pharmaceutical, cosmetic, and food applications. Known for rigorous quality control and eco-friendly practices, the company leverages advanced extraction technologies and is recognized for its responsive supply chain solutions that support global customers requiring clean-label ingredients.
2. Arjuna Natural
Arjuna Natural is celebrated for its robust R&D commitment and innovative extraction techniques. The company specializes in producing high-potency licorice extracts and is often sought after for nutraceutical and wellness product formulations. Arjuna's strong regulatory compliance and focus on sustainable sourcing set it apart as a licorice extract market leader.
3. Azelis Group
Azelis Group serves as a key distribution partner and solutions provider, offering tailored licorice extract ingredients to the cosmetics, food & beverage, and nutraceutical sectors. Their expansive network and technical support empower clients with consistent quality, while Azelis' value-added services and global reach solidify its role as an industry connector.
4. Bio-Botanica Inc.
Renowned for botanical expertise, Bio-Botanica Inc. brings science-driven licorice extract solutions to the North American and international markets. The company’s vertically integrated approach emphasizes traceability, innovative formulation support, and a broad scope of extract grades for use in dietary supplements and clean-label personal care products.
5. Botanic Healthcare Pvt. Ltd
Botanic Healthcare excels in supplying premium-grade licorice extracts, focusing on eco-conscious production and rigorous certification standards. Their diverse portfolio and ability to tailor extracts for food, personal care, and medicine make them a trusted partner for global brands seeking sustainable licorice extract solutions.
6. F&C Licorice Group
Specializing exclusively in licorice products, F&C Licorice Group combines decades of cultivation expertise with advanced extraction capabilities. Their dedication to product traceability and direct-from-source supply relationships provide clients with authenticity assurance and reliable bulk extract supply for industrial applications.
7. Givaudan SA
As a worldwide leader in flavors and fragrances, Givaudan has integrated licorice extract into its innovative palette for food and beverage manufacturers. The firm’s focus on sensory experience, coupled with sustainability initiatives and global reach, makes it a pivotal player in the evolution of licorice-based product development.
8. Hepner & Eschenbrenner GmbH & Co. KG
With a heritage rooted in the herbal extract industry, Hepner & Eschenbrenner delivers high-purity licorice extracts for pharmaceutical, food, and nutraceutical markets. The company’s commitment to quality and flexible batch capabilities address both standard and customized application needs across Europe and beyond.
9. Herbochem
Herbochem stands out for its focus on natural therapeutic ingredients. The company’s licorice extract portfolio is widely adopted in Ayurveda, cosmetics, and wellness formulations, and its sourcing ethics alongside GMP-certified facilities bolster its competitive differentiation in global health markets.
10. Hunan Huakang Biotech Inc.
Hunan Huakang Biotech merges extensive botanical sourcing networks with state-of-the-art extraction technologies. Their licorice extracts are highly valued across nutraceutical, food, and pharmaceutical segments, particularly in the Asia-Pacific region, where they emphasize sustainability and quality assurance.
11. International Flavors & Fragrances Inc.
IFF leverages its global innovation network to develop licorice-derived flavor and fragrance solutions, catering to evolving consumer demands for natural products. Their expertise in formulation science and regulatory compliance ensures broad industry adoption and high-performance product integration.
12. Kanta Enterprises Private Limited.
Kanta Enterprises is recognized for supplying bulk and tailor-made licorice extracts globally. Their focus on product innovation, strategic partnerships, and certifications empowers industries ranging from food to cosmetics with reliable and compliant licorice extract solutions.
13. Maruzen Pharmaceuticals Co., Ltd.
Maruzen Pharmaceuticals combines traditional Japanese extraction know-how with modern technology to create high-quality licorice extracts for the pharmaceutical, skincare, and food sectors. Their commitment to research, efficacy validation, and product diversification keeps them at the competitive forefront.
14. Norevo GmbH
Norevo specializes in natural raw materials, with a robust portfolio of licorice products for the confectionery, food, and pharmaceutical industries. Emphasizing traceable supply chains, Norevo responds to customer needs for authenticity, consistent quality, and multi-regional distribution.
15. Nutra Green
Nutra Green is an innovator in plant-based extracts, providing licorice solutions optimized for dietary supplements and nutraceutical applications. Their advanced production standards and global outreach support clients seeking quality, efficacy, and transparency in raw materials sourcing.
16. Phyto Life Sciences P. Ltd.
Phyto Life Sciences offers scientifically validated licorice extracts, tailored to pharmaceutical and nutraceutical innovation. Their investment in R&D and analytical capabilities ensures clients receive potent, reliable extracts recognized for purity and bioactivity.
17. Select Botanical, S.L.
Select Botanical focuses on Mediterranean licorice cultivation and sustainable extraction practices. Their expertise bridges heritage farming and modern quality control, supplying high-grade extracts for use in functional foods and wellness formulations.
18. Sepidan Osareh Jonoob Co.
Sepidan Osareh Jonoob Co. excels in processing and exporting licorice derivatives, with specialized offerings for industrial, pharmaceutical, and confectionery clients. Their vertically integrated operations and commitment to international standards enhance operational resilience and product consistency.
19. Shaanxi Jiahe Phytochem Co., Ltd
Known for their innovative extraction technologies, Shaanxi Jiahe Phytochem delivers licorice extracts serving both domestic and global markets. The company’s focus on quality control and sustainable raw material sourcing enables the delivery of specialized extracts for health, food, and cosmetic applications.
20. VPL Chemicals Pvt Ltd.
VPL Chemicals supplies premium licorice extracts to pharmaceutical and nutraceutical companies worldwide. Through strategic alliances, process innovations, and a strong regulatory track record, the company supports high-growth demand for clean, potent herbal ingredients.
21. Whole Earth Brands
Whole Earth Brands leverages natural sweetener expertise to offer licorice extract solutions for food, beverage, and health applications. Their advanced research in natural flavors, coupled with a focus on clean-label innovation, positions them as a trusted partner for brands seeking to meet consumer wellness trends.
22. Zagros Licorice Co.
Zagros Licorice Co. is a leading licorice extract producer in the Middle East, recognized for high-capacity, quality-driven manufacturing and a strong market presence. Their vertical integration—spanning cultivation to finished extract—ensures consistent operational excellence and responsiveness to shifting market demands.
Conclusion: Unlock Deeper Industry Insights and Strategic Guidance
The global licorice extract market is poised for continued growth through 2030, fueled by innovative product development, evolving consumer needs, and sustainable sourcing. The 22 leading licorice extract companies profiled here are instrumental in setting new benchmarks for quality, traceability, and end-use versatility. For a complete market forecast, deep dives into segmentation, and actionable strategic guidance, access the full Licorice Extract Market by Form Type (Liquid Extract, Solid Extract), Packaging Type (Bulk Packaging, Single Packaging), Licorice Variety, Distribution Channel, Application, End-use Industry - Global Forecast 2025-2030 report.