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Liquorice Market 2025-2029- Product Image
Liquorice Market 2025-2029- Product Image
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Liquorice Market 2025-2029

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    Report

  • 248 Pages
  • March 2025
  • Region: Global
  • TechNavio
  • ID: 5868211
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The liquorice market is forecasted to grow by USD 763.5 million during 2024-2029, accelerating at a CAGR of 6.4% during the forecast period. The report on the liquorice market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for food and beverages with herbal ingredients, growing adoption of herbal medicine, and rising demand for cigars and smoking tobacco products.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

The liquorice market is segmented as below:

By Grade Type

  • Food grade
  • Feed grade
  • Pharmaceutical grade

By Application

  • Food and beverages
  • Pharmaceuticals
  • Tobacco
  • Others

By Product Type

  • Fruit flavored licorice
  • Original black licorice

By Distribution Channel

  • Supermarkets
  • Online sales
  • Convenience stores

By End-user

  • Individual consumers
  • Industrial users

By Geographical Landscape

  • APAC
  • Europe
  • North America
  • Middle East and Africa
  • South America
This study identifies the immunity-boosting properties of herbal extracts as one of the prime reasons driving the liquorice market growth during the next few years. Also, growing e-commerce industry and growing research for treatment of cancer using liquorice will lead to sizable demand in the market.

The report on the liquorice market covers the following areas:

  • Liquorice Market sizing
  • Liquorice Market forecast
  • Liquorice Market industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading liquorice market vendors that include AOS Products Pvt. Ltd., Aushadhi Herbal, Avestia Pharma, Beijing Gingko Group, Botanic Healthcare Group, C.E. Roeper GmbH, Extroil Naturals, F and C Licorice Ltd., Glycyrrhiza Glabra Co. Ltd., HB Natural Ingredients, Herbal Creations, Mafco Worldwide LLC, Maruzen Pharmaceutical Co. Ltd., Norevo GmbH, Nutra Green Biotechnology Co. Ltd., Ransom Naturals Ltd., Sepidan Osareh Jonoob Co., Shaanxi FUJIE Pharmaceutical Co. Ltd., Shirin Daru Co., and Zagros Licorice co. Also, the liquorice market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Grade Type
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Market Segmentation by Product Type
Executive Summary - Chart on Market Segmentation by Distribution Channel
Executive Summary - Chart on Market Segmentation by End-user
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Global - Market size and forecast 2024-2029 ($ million)
Data Table on Global - Market size and forecast 2024-2029 ($ million)
Chart on Global Market: Year-over-year growth 2024-2029 (%)
Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Global Liquorice Market 2019 - 2023
Historic Market Size - Data Table on Global Liquorice Market 2019 - 2023 ($ million)
5.2 Grade Type segment analysis 2019 - 2023
Historic Market Size - Grade Type Segment 2019 - 2023 ($ million)
5.3 Application segment analysis 2019 - 2023
Historic Market Size - Application Segment 2019 - 2023 ($ million)
5.4 Product Type segment analysis 2019 - 2023
Historic Market Size - Product Type Segment 2019 - 2023 ($ million)
5.5 Distribution Channel segment analysis 2019 - 2023
Historic Market Size - Distribution Channel Segment 2019 - 2023 ($ million)
5.6 End-user segment analysis 2019 - 2023
Historic Market Size - End-user Segment 2019 - 2023 ($ million)
5.7 Geography segment analysis 2019 - 2023
Historic Market Size - Geography Segment 2019 - 2023 ($ million)
5.8 Country segment analysis 2019 - 2023
Historic Market Size - Country Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
6.1 The AI impact on global liquorice market
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Grade Type
8.1 Market segments
Chart on Grade Type - Market share 2024-2029 (%)
Data Table on Grade Type - Market share 2024-2029 (%)
8.2 Comparison by Grade Type
Chart on Comparison by Grade Type
Data Table on Comparison by Grade Type
8.3 Food grade - Market size and forecast 2024-2029
Chart on Food grade - Market size and forecast 2024-2029 ($ million)
Data Table on Food grade - Market size and forecast 2024-2029 ($ million)
Chart on Food grade - Year-over-year growth 2024-2029 (%)
Data Table on Food grade - Year-over-year growth 2024-2029 (%)
8.4 Feed grade - Market size and forecast 2024-2029
Chart on Feed grade - Market size and forecast 2024-2029 ($ million)
Data Table on Feed grade - Market size and forecast 2024-2029 ($ million)
Chart on Feed grade - Year-over-year growth 2024-2029 (%)
Data Table on Feed grade - Year-over-year growth 2024-2029 (%)
8.5 Pharmaceutical grade - Market size and forecast 2024-2029
Chart on Pharmaceutical grade - Market size and forecast 2024-2029 ($ million)
Data Table on Pharmaceutical grade - Market size and forecast 2024-2029 ($ million)
Chart on Pharmaceutical grade - Year-over-year growth 2024-2029 (%)
Data Table on Pharmaceutical grade - Year-over-year growth 2024-2029 (%)
8.6 Market opportunity by Grade Type
Market opportunity by Grade Type ($ million)
Data Table on Market opportunity by Grade Type ($ million)
9 Market Segmentation by Application
9.1 Market segments
Chart on Application - Market share 2024-2029 (%)
Data Table on Application - Market share 2024-2029 (%)
9.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
9.3 Food and beverages - Market size and forecast 2024-2029
Chart on Food and beverages - Market size and forecast 2024-2029 ($ million)
Data Table on Food and beverages - Market size and forecast 2024-2029 ($ million)
Chart on Food and beverages - Year-over-year growth 2024-2029 (%)
Data Table on Food and beverages - Year-over-year growth 2024-2029 (%)
9.4 Pharmaceuticals - Market size and forecast 2024-2029
Chart on Pharmaceuticals - Market size and forecast 2024-2029 ($ million)
Data Table on Pharmaceuticals - Market size and forecast 2024-2029 ($ million)
Chart on Pharmaceuticals - Year-over-year growth 2024-2029 (%)
Data Table on Pharmaceuticals - Year-over-year growth 2024-2029 (%)
9.5 Tobacco - Market size and forecast 2024-2029
Chart on Tobacco - Market size and forecast 2024-2029 ($ million)
Data Table on Tobacco - Market size and forecast 2024-2029 ($ million)
Chart on Tobacco - Year-over-year growth 2024-2029 (%)
Data Table on Tobacco - Year-over-year growth 2024-2029 (%)
9.6 Others - Market size and forecast 2024-2029
Chart on Others - Market size and forecast 2024-2029 ($ million)
Data Table on Others - Market size and forecast 2024-2029 ($ million)
Chart on Others - Year-over-year growth 2024-2029 (%)
Data Table on Others - Year-over-year growth 2024-2029 (%)
9.7 Market opportunity by Application
Market opportunity by Application ($ million)
Data Table on Market opportunity by Application ($ million)
10 Market Segmentation by Product Type
10.1 Market segments
Chart on Product Type - Market share 2024-2029 (%)
Data Table on Product Type - Market share 2024-2029 (%)
10.2 Comparison by Product Type
Chart on Comparison by Product Type
Data Table on Comparison by Product Type
10.3 Fruit flavored licorice - Market size and forecast 2024-2029
Chart on Fruit flavored licorice - Market size and forecast 2024-2029 ($ million)
Data Table on Fruit flavored licorice - Market size and forecast 2024-2029 ($ million)
Chart on Fruit flavored licorice - Year-over-year growth 2024-2029 (%)
Data Table on Fruit flavored licorice - Year-over-year growth 2024-2029 (%)
10.4 Original black licorice - Market size and forecast 2024-2029
Chart on Original black licorice - Market size and forecast 2024-2029 ($ million)
Data Table on Original black licorice - Market size and forecast 2024-2029 ($ million)
Chart on Original black licorice - Year-over-year growth 2024-2029 (%)
Data Table on Original black licorice - Year-over-year growth 2024-2029 (%)
10.5 Market opportunity by Product Type
Market opportunity by Product Type ($ million)
Data Table on Market opportunity by Product Type ($ million)
11 Market Segmentation by Distribution Channel
11.1 Market segments
Chart on Distribution Channel - Market share 2024-2029 (%)
Data Table on Distribution Channel - Market share 2024-2029 (%)
11.2 Comparison by Distribution Channel
Chart on Comparison by Distribution Channel
Data Table on Comparison by Distribution Channel
11.3 Supermarkets - Market size and forecast 2024-2029
Chart on Supermarkets - Market size and forecast 2024-2029 ($ million)
Data Table on Supermarkets - Market size and forecast 2024-2029 ($ million)
Chart on Supermarkets - Year-over-year growth 2024-2029 (%)
Data Table on Supermarkets - Year-over-year growth 2024-2029 (%)
11.4 Online sales - Market size and forecast 2024-2029
Chart on Online sales - Market size and forecast 2024-2029 ($ million)
Data Table on Online sales - Market size and forecast 2024-2029 ($ million)
Chart on Online sales - Year-over-year growth 2024-2029 (%)
Data Table on Online sales - Year-over-year growth 2024-2029 (%)
11.5 Convenience stores - Market size and forecast 2024-2029
Chart on Convenience stores - Market size and forecast 2024-2029 ($ million)
Data Table on Convenience stores - Market size and forecast 2024-2029 ($ million)
Chart on Convenience stores - Year-over-year growth 2024-2029 (%)
Data Table on Convenience stores - Year-over-year growth 2024-2029 (%)
11.6 Market opportunity by Distribution Channel
Market opportunity by Distribution Channel ($ million)
Data Table on Market opportunity by Distribution Channel ($ million)
12 Market Segmentation by End-user
12.1 Market segments
Chart on End-user - Market share 2024-2029 (%)
Data Table on End-user - Market share 2024-2029 (%)
12.2 Comparison by End-user
Chart on Comparison by End-user
Data Table on Comparison by End-user
12.3 Individual consumers - Market size and forecast 2024-2029
Chart on Individual consumers - Market size and forecast 2024-2029 ($ million)
Data Table on Individual consumers - Market size and forecast 2024-2029 ($ million)
Chart on Individual consumers - Year-over-year growth 2024-2029 (%)
Data Table on Individual consumers - Year-over-year growth 2024-2029 (%)
12.4 Industrial users - Market size and forecast 2024-2029
Chart on Industrial users - Market size and forecast 2024-2029 ($ million)
Data Table on Industrial users - Market size and forecast 2024-2029 ($ million)
Chart on Industrial users - Year-over-year growth 2024-2029 (%)
Data Table on Industrial users - Year-over-year growth 2024-2029 (%)
12.5 Market opportunity by End-user
Market opportunity by End-user ($ million)
Data Table on Market opportunity by End-user ($ million)
13 Customer Landscape
13.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
14 Geographic Landscape
14.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2024-2029 (%)
Data Table on Market share By Geographical Landscape 2024-2029 (%)
14.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
14.3 APAC - Market size and forecast 2024-2029
Chart on APAC - Market size and forecast 2024-2029 ($ million)
Data Table on APAC - Market size and forecast 2024-2029 ($ million)
Chart on APAC - Year-over-year growth 2024-2029 (%)
Data Table on APAC - Year-over-year growth 2024-2029 (%)
14.4 Europe - Market size and forecast 2024-2029
Chart on Europe - Market size and forecast 2024-2029 ($ million)
Data Table on Europe - Market size and forecast 2024-2029 ($ million)
Chart on Europe - Year-over-year growth 2024-2029 (%)
Data Table on Europe - Year-over-year growth 2024-2029 (%)
14.5 North America - Market size and forecast 2024-2029
Chart on North America - Market size and forecast 2024-2029 ($ million)
Data Table on North America - Market size and forecast 2024-2029 ($ million)
Chart on North America - Year-over-year growth 2024-2029 (%)
Data Table on North America - Year-over-year growth 2024-2029 (%)
14.6 Middle East and Africa - Market size and forecast 2024-2029
Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
14.7 South America - Market size and forecast 2024-2029
Chart on South America - Market size and forecast 2024-2029 ($ million)
Data Table on South America - Market size and forecast 2024-2029 ($ million)
Chart on South America - Year-over-year growth 2024-2029 (%)
Data Table on South America - Year-over-year growth 2024-2029 (%)
14.8 US - Market size and forecast 2024-2029
Chart on US - Market size and forecast 2024-2029 ($ million)
Data Table on US - Market size and forecast 2024-2029 ($ million)
Chart on US - Year-over-year growth 2024-2029 (%)
Data Table on US - Year-over-year growth 2024-2029 (%)
14.9 China - Market size and forecast 2024-2029
Chart on China - Market size and forecast 2024-2029 ($ million)
Data Table on China - Market size and forecast 2024-2029 ($ million)
Chart on China - Year-over-year growth 2024-2029 (%)
Data Table on China - Year-over-year growth 2024-2029 (%)
14.10 Germany - Market size and forecast 2024-2029
Chart on Germany - Market size and forecast 2024-2029 ($ million)
Data Table on Germany - Market size and forecast 2024-2029 ($ million)
Chart on Germany - Year-over-year growth 2024-2029 (%)
Data Table on Germany - Year-over-year growth 2024-2029 (%)
14.11 Japan - Market size and forecast 2024-2029
Chart on Japan - Market size and forecast 2024-2029 ($ million)
Data Table on Japan - Market size and forecast 2024-2029 ($ million)
Chart on Japan - Year-over-year growth 2024-2029 (%)
Data Table on Japan - Year-over-year growth 2024-2029 (%)
14.12 India - Market size and forecast 2024-2029
Chart on India - Market size and forecast 2024-2029 ($ million)
Data Table on India - Market size and forecast 2024-2029 ($ million)
Chart on India - Year-over-year growth 2024-2029 (%)
Data Table on India - Year-over-year growth 2024-2029 (%)
14.13 UK - Market size and forecast 2024-2029
Chart on UK - Market size and forecast 2024-2029 ($ million)
Data Table on UK - Market size and forecast 2024-2029 ($ million)
Chart on UK - Year-over-year growth 2024-2029 (%)
Data Table on UK - Year-over-year growth 2024-2029 (%)
14.14 South Korea - Market size and forecast 2024-2029
Chart on South Korea - Market size and forecast 2024-2029 ($ million)
Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
Chart on South Korea - Year-over-year growth 2024-2029 (%)
Data Table on South Korea - Year-over-year growth 2024-2029 (%)
14.15 France - Market size and forecast 2024-2029
Chart on France - Market size and forecast 2024-2029 ($ million)
Data Table on France - Market size and forecast 2024-2029 ($ million)
Chart on France - Year-over-year growth 2024-2029 (%)
Data Table on France - Year-over-year growth 2024-2029 (%)
14.16 Italy - Market size and forecast 2024-2029
Chart on Italy - Market size and forecast 2024-2029 ($ million)
Data Table on Italy - Market size and forecast 2024-2029 ($ million)
Chart on Italy - Year-over-year growth 2024-2029 (%)
Data Table on Italy - Year-over-year growth 2024-2029 (%)
14.17 Canada - Market size and forecast 2024-2029
Chart on Canada - Market size and forecast 2024-2029 ($ million)
Data Table on Canada - Market size and forecast 2024-2029 ($ million)
Chart on Canada - Year-over-year growth 2024-2029 (%)
Data Table on Canada - Year-over-year growth 2024-2029 (%)
14.18 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
15 Drivers, Challenges, and Opportunity/Restraints
15.1 Market drivers
15.2 Market challenges
15.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
15.4 Market opportunities/restraints
16 Competitive Landscape
16.1 Overview
16.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
16.3 Landscape disruption
Overview on factors of disruption
16.4 Industry risks
Impact of key risks on business
17 Competitive Analysis
17.1 Companies profiled
Companies covered
17.2 Company ranking index
Company ranking index
17.3 Market positioning of companies
Matrix on companies position and classification
17.4 Beijing Gingko Group
Beijing Gingko Group - Overview
Beijing Gingko Group - Product / Service
Beijing Gingko Group - Key news
Beijing Gingko Group - Key offerings
SWOT
17.5 Botanic Healthcare Group
Botanic Healthcare Group - Overview
Botanic Healthcare Group - Product / Service
Botanic Healthcare Group - Key offerings
SWOT
17.6 C.E. Roeper GmbH
C.E. Roeper GmbH - Overview
C.E. Roeper GmbH - Product / Service
C.E. Roeper GmbH - Key offerings
SWOT
17.7 F and C Licorice Ltd.
F and C Licorice Ltd. - Overview
F and C Licorice Ltd. - Product / Service
F and C Licorice Ltd. - Key offerings
SWOT
17.8 Glycyrrhiza Glabra Co. Ltd.
Glycyrrhiza Glabra Co. Ltd. - Overview
Glycyrrhiza Glabra Co. Ltd. - Product / Service
Glycyrrhiza Glabra Co. Ltd. - Key offerings
SWOT
17.9 HB Natural Ingredients
HB Natural Ingredients - Overview
HB Natural Ingredients - Product / Service
HB Natural Ingredients - Key offerings
SWOT
17.10 Mafco Worldwide LLC
Mafco Worldwide LLC - Overview
Mafco Worldwide LLC - Product / Service
Mafco Worldwide LLC - Key offerings
SWOT
17.11 Maruzen Pharmaceutical Co. Ltd.
Maruzen Pharmaceutical Co. Ltd. - Overview
Maruzen Pharmaceutical Co. Ltd. - Product / Service
Maruzen Pharmaceutical Co. Ltd. - Key news
Maruzen Pharmaceutical Co. Ltd. - Key offerings
SWOT
17.12 Norevo GmbH
Norevo GmbH - Overview
Norevo GmbH - Product / Service
Norevo GmbH - Key offerings
SWOT
17.13 Nutra Green Biotechnology Co. Ltd.
Nutra Green Biotechnology Co. Ltd. - Overview
Nutra Green Biotechnology Co. Ltd. - Product / Service
Nutra Green Biotechnology Co. Ltd. - Key offerings
SWOT
17.14 Ransom Naturals Ltd.
Ransom Naturals Ltd. - Overview
Ransom Naturals Ltd. - Product / Service
Ransom Naturals Ltd. - Key offerings
SWOT
17.15 Sepidan Osareh Jonoob Co.
Sepidan Osareh Jonoob Co. - Overview
Sepidan Osareh Jonoob Co. - Product / Service
Sepidan Osareh Jonoob Co. - Key offerings
SWOT
17.16 Shaanxi FUJIE Pharmaceutical Co. Ltd.
Shaanxi FUJIE Pharmaceutical Co. Ltd. - Overview
Shaanxi FUJIE Pharmaceutical Co. Ltd. - Product / Service
Shaanxi FUJIE Pharmaceutical Co. Ltd. - Key offerings
SWOT
17.17 Shirin Daru Co.
Shirin Daru Co. - Overview
Shirin Daru Co. - Product / Service
Shirin Daru Co. - Key offerings
SWOT
17.18 Zagros Licorice co.
Zagros Licorice co. - Overview
Zagros Licorice co. - Product / Service
Zagros Licorice co. - Key offerings
SWOT
18 Appendix
18.1 Scope of the report
18.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
18.3 Currency conversion rates for US$
Currency conversion rates for US$
18.4 Research methodology
Research methodology
18.5 Data procurement
Information sources
18.6 Data validation
Data validation
18.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
18.8 Data synthesis
Data synthesis
18.9 360 degree market analysis
360 degree market analysis
18.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Grade Type
Exhibits 6: Executive Summary - Chart on Market Segmentation by Application
Exhibits 7: Executive Summary - Chart on Market Segmentation by Product Type
Exhibits 8: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibits 9: Executive Summary - Chart on Market Segmentation by End-user
Exhibits 10: Executive Summary - Chart on Incremental Growth
Exhibits 11: Executive Summary - Data Table on Incremental Growth
Exhibits 12: Executive Summary - Chart on Company Market Positioning
Exhibits 13: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 14: Overview on criticality of inputs and factors of differentiation
Exhibits 15: Overview on factors of disruption
Exhibits 16: Impact of drivers and challenges in 2024 and 2029
Exhibits 17: Parent Market
Exhibits 18: Data Table on - Parent Market
Exhibits 19: Market characteristics analysis
Exhibits 20: Value chain analysis
Exhibits 21: Offerings of companies included in the market definition
Exhibits 22: Market segments
Exhibits 23: Chart on Global - Market size and forecast 2024-2029 ($ million)
Exhibits 24: Data Table on Global - Market size and forecast 2024-2029 ($ million)
Exhibits 25: Chart on Global Market: Year-over-year growth 2024-2029 (%)
Exhibits 26: Data Table on Global Market: Year-over-year growth 2024-2029 (%)
Exhibits 27: Historic Market Size - Data Table on Global Liquorice Market 2019 - 2023 ($ million)
Exhibits 28: Historic Market Size - Grade Type Segment 2019 - 2023 ($ million)
Exhibits 29: Historic Market Size - Application Segment 2019 - 2023 ($ million)
Exhibits 30: Historic Market Size - Product Type Segment 2019 - 2023 ($ million)
Exhibits 31: Historic Market Size - Distribution Channel Segment 2019 - 2023 ($ million)
Exhibits 32: Historic Market Size - End-user Segment 2019 - 2023 ($ million)
Exhibits 33: Historic Market Size - Geography Segment 2019 - 2023 ($ million)
Exhibits 34: Historic Market Size - Country Segment 2019 - 2023 ($ million)
Exhibits 35: Five forces analysis - Comparison between 2024 and 2029
Exhibits 36: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits 37: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits 38: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits 39: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits 40: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits 41: Chart on Market condition - Five forces 2024 and 2029
Exhibits 42: Chart on Grade Type - Market share 2024-2029 (%)
Exhibits 43: Data Table on Grade Type - Market share 2024-2029 (%)
Exhibits 44: Chart on Comparison by Grade Type
Exhibits 45: Data Table on Comparison by Grade Type
Exhibits 46: Chart on Food grade - Market size and forecast 2024-2029 ($ million)
Exhibits 47: Data Table on Food grade - Market size and forecast 2024-2029 ($ million)
Exhibits 48: Chart on Food grade - Year-over-year growth 2024-2029 (%)
Exhibits 49: Data Table on Food grade - Year-over-year growth 2024-2029 (%)
Exhibits 50: Chart on Feed grade - Market size and forecast 2024-2029 ($ million)
Exhibits 51: Data Table on Feed grade - Market size and forecast 2024-2029 ($ million)
Exhibits 52: Chart on Feed grade - Year-over-year growth 2024-2029 (%)
Exhibits 53: Data Table on Feed grade - Year-over-year growth 2024-2029 (%)
Exhibits 54: Chart on Pharmaceutical grade - Market size and forecast 2024-2029 ($ million)
Exhibits 55: Data Table on Pharmaceutical grade - Market size and forecast 2024-2029 ($ million)
Exhibits 56: Chart on Pharmaceutical grade - Year-over-year growth 2024-2029 (%)
Exhibits 57: Data Table on Pharmaceutical grade - Year-over-year growth 2024-2029 (%)
Exhibits 58: Market opportunity by Grade Type ($ million)
Exhibits 59: Data Table on Market opportunity by Grade Type ($ million)
Exhibits 60: Chart on Application - Market share 2024-2029 (%)
Exhibits 61: Data Table on Application - Market share 2024-2029 (%)
Exhibits 62: Chart on Comparison by Application
Exhibits 63: Data Table on Comparison by Application
Exhibits 64: Chart on Food and beverages - Market size and forecast 2024-2029 ($ million)
Exhibits 65: Data Table on Food and beverages - Market size and forecast 2024-2029 ($ million)
Exhibits 66: Chart on Food and beverages - Year-over-year growth 2024-2029 (%)
Exhibits 67: Data Table on Food and beverages - Year-over-year growth 2024-2029 (%)
Exhibits 68: Chart on Pharmaceuticals - Market size and forecast 2024-2029 ($ million)
Exhibits 69: Data Table on Pharmaceuticals - Market size and forecast 2024-2029 ($ million)
Exhibits 70: Chart on Pharmaceuticals - Year-over-year growth 2024-2029 (%)
Exhibits 71: Data Table on Pharmaceuticals - Year-over-year growth 2024-2029 (%)
Exhibits 72: Chart on Tobacco - Market size and forecast 2024-2029 ($ million)
Exhibits 73: Data Table on Tobacco - Market size and forecast 2024-2029 ($ million)
Exhibits 74: Chart on Tobacco - Year-over-year growth 2024-2029 (%)
Exhibits 75: Data Table on Tobacco - Year-over-year growth 2024-2029 (%)
Exhibits 76: Chart on Others - Market size and forecast 2024-2029 ($ million)
Exhibits 77: Data Table on Others - Market size and forecast 2024-2029 ($ million)
Exhibits 78: Chart on Others - Year-over-year growth 2024-2029 (%)
Exhibits 79: Data Table on Others - Year-over-year growth 2024-2029 (%)
Exhibits 80: Market opportunity by Application ($ million)
Exhibits 81: Data Table on Market opportunity by Application ($ million)
Exhibits 82: Chart on Product Type - Market share 2024-2029 (%)
Exhibits 83: Data Table on Product Type - Market share 2024-2029 (%)
Exhibits 84: Chart on Comparison by Product Type
Exhibits 85: Data Table on Comparison by Product Type
Exhibits 86: Chart on Fruit flavored licorice - Market size and forecast 2024-2029 ($ million)
Exhibits 87: Data Table on Fruit flavored licorice - Market size and forecast 2024-2029 ($ million)
Exhibits 88: Chart on Fruit flavored licorice - Year-over-year growth 2024-2029 (%)
Exhibits 89: Data Table on Fruit flavored licorice - Year-over-year growth 2024-2029 (%)
Exhibits 90: Chart on Original black licorice - Market size and forecast 2024-2029 ($ million)
Exhibits 91: Data Table on Original black licorice - Market size and forecast 2024-2029 ($ million)
Exhibits 92: Chart on Original black licorice - Year-over-year growth 2024-2029 (%)
Exhibits 93: Data Table on Original black licorice - Year-over-year growth 2024-2029 (%)
Exhibits 94: Market opportunity by Product Type ($ million)
Exhibits 95: Data Table on Market opportunity by Product Type ($ million)
Exhibits 96: Chart on Distribution Channel - Market share 2024-2029 (%)
Exhibits 97: Data Table on Distribution Channel - Market share 2024-2029 (%)
Exhibits 98: Chart on Comparison by Distribution Channel
Exhibits 99: Data Table on Comparison by Distribution Channel
Exhibits 100: Chart on Supermarkets - Market size and forecast 2024-2029 ($ million)
Exhibits 101: Data Table on Supermarkets - Market size and forecast 2024-2029 ($ million)
Exhibits 102: Chart on Supermarkets - Year-over-year growth 2024-2029 (%)
Exhibits 103: Data Table on Supermarkets - Year-over-year growth 2024-2029 (%)
Exhibits 104: Chart on Online sales - Market size and forecast 2024-2029 ($ million)
Exhibits 105: Data Table on Online sales - Market size and forecast 2024-2029 ($ million)
Exhibits 106: Chart on Online sales - Year-over-year growth 2024-2029 (%)
Exhibits 107: Data Table on Online sales - Year-over-year growth 2024-2029 (%)
Exhibits 108: Chart on Convenience stores - Market size and forecast 2024-2029 ($ million)
Exhibits 109: Data Table on Convenience stores - Market size and forecast 2024-2029 ($ million)
Exhibits 110: Chart on Convenience stores - Year-over-year growth 2024-2029 (%)
Exhibits 111: Data Table on Convenience stores - Year-over-year growth 2024-2029 (%)
Exhibits 112: Market opportunity by Distribution Channel ($ million)
Exhibits 113: Data Table on Market opportunity by Distribution Channel ($ million)
Exhibits 114: Chart on End-user - Market share 2024-2029 (%)
Exhibits 115: Data Table on End-user - Market share 2024-2029 (%)
Exhibits 116: Chart on Comparison by End-user
Exhibits 117: Data Table on Comparison by End-user
Exhibits 118: Chart on Individual consumers - Market size and forecast 2024-2029 ($ million)
Exhibits 119: Data Table on Individual consumers - Market size and forecast 2024-2029 ($ million)
Exhibits 120: Chart on Individual consumers - Year-over-year growth 2024-2029 (%)
Exhibits 121: Data Table on Individual consumers - Year-over-year growth 2024-2029 (%)
Exhibits 122: Chart on Industrial users - Market size and forecast 2024-2029 ($ million)
Exhibits 123: Data Table on Industrial users - Market size and forecast 2024-2029 ($ million)
Exhibits 124: Chart on Industrial users - Year-over-year growth 2024-2029 (%)
Exhibits 125: Data Table on Industrial users - Year-over-year growth 2024-2029 (%)
Exhibits 126: Market opportunity by End-user ($ million)
Exhibits 127: Data Table on Market opportunity by End-user ($ million)
Exhibits 128: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 129: Chart on Market share By Geographical Landscape 2024-2029 (%)
Exhibits 130: Data Table on Market share By Geographical Landscape 2024-2029 (%)
Exhibits 131: Chart on Geographic comparison
Exhibits 132: Data Table on Geographic comparison
Exhibits 133: Chart on APAC - Market size and forecast 2024-2029 ($ million)
Exhibits 134: Data Table on APAC - Market size and forecast 2024-2029 ($ million)
Exhibits 135: Chart on APAC - Year-over-year growth 2024-2029 (%)

Executive Summary

The following companies are recognized as the key players in the global liquorice market: AOS Products Pvt. Ltd., Aushadhi Herbal, Avestia Pharma, Beijing Gingko Group, Botanic Healthcare Group, C.E. Roeper GmbH, Extroil Naturals, F and C Licorice Ltd., Glycyrrhiza Glabra Co. Ltd., HB Natural Ingredients, Herbal Creations, Mafco Worldwide LLC, Maruzen Pharmaceutical Co. Ltd., Norevo GmbH, Nutra Green Biotechnology Co. Ltd., Ransom Naturals Ltd., Sepidan Osareh Jonoob Co., Shaanxi FUJIE Pharmaceutical Co. Ltd., Shirin Daru Co., and Zagros Licorice co..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is immunity-boosting properties of herbal extracts."

According to the report, one of the major drivers for this market is the growing demand for food and beverages with herbal ingredients.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • AOS Products Pvt. Ltd.
  • Aushadhi Herbal
  • Avestia Pharma
  • Beijing Gingko Group
  • Botanic Healthcare Group
  • C.E. Roeper GmbH
  • Extroil Naturals
  • F and C Licorice Ltd.
  • Glycyrrhiza Glabra Co. Ltd.
  • HB Natural Ingredients
  • Herbal Creations
  • Mafco Worldwide LLC
  • Maruzen Pharmaceutical Co. Ltd.
  • Norevo GmbH
  • Nutra Green Biotechnology Co. Ltd.
  • Ransom Naturals Ltd.
  • Sepidan Osareh Jonoob Co.
  • Shaanxi FUJIE Pharmaceutical Co. Ltd.
  • Shirin Daru Co.
  • Zagros Licorice co.

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About the Market

Licorice is a type of snack and confectionery that has been enjoyed for centuries. It is made from the root of the licorice plant, which is native to parts of Europe and Asia. Licorice is often used as a flavoring in many different types of snacks and confectionery, including candy, cookies, and ice cream. It is also used to make a variety of beverages, such as licorice tea and licorice-flavored sodas. Licorice is known for its sweet, yet slightly bitter flavor, and is often used to add a unique flavor to many different types of snacks and confectionery. The licorice market is a large and diverse one, with many different types of products available. Popular licorice products include licorice candy, licorice sticks, licorice twists, licorice pastels, licorice laces, and licorice drops. Many of these products are available in a variety of flavors, such as anise, black licorice, and strawberry. Some of the companies in the licorice market include Twizzlers, Red Vines, Dutch Licorice, and Licorice International. These companies offer a wide variety of licorice products, ranging from traditional licorice candy to more unique flavors and shapes. Show Less Read more

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