GLOBAL LICORICE EXTRACT MARKET TO SURPASS US$ 2,915. 6 MN BY 2025

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Licorice Extract Market
GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND
OPPORTUNITY ANALYSIS, 2016-2025
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REPORT DESCRIPTION
Licorice Extract MarketOverview
Licorice extracts are used as in medicines and is
available in powdered or liquid form, which is
derived from licorice roots. It is produced by
boiling licorice roots (Glycyrrhiza glabra),
which is a plant native to the Mediterranean
region. This extract is used as a sweetener,
flavoring agent, and in herbal medicines.
Furthermore, it is significantly consumed owing
to its anti-inflammatory, antiviral, and
detoxification properties. Licorice extract is
sweeter as compared to sugar (almost 50 times),
hence, it is widely used in the food industry.
Increasing demand for herbal medicines,
plant-based sweeteners, and growing awareness
related to sugar free products is expected to
drive growth of licorice extracts market during
the forecast period. Licorice extracts are
segment on the basis of product type in food
grade, feed grade, and pharmaceutical grade. The
pharmaceutical grade segment is expected to
account for the largest market share over the
forecast period. This can be attributed to large
medicinal applications of the extract along with
increasing use in cancer prevention. Food grade
segment is expected to accounts for a substantial
market share in terms of revenue. Increasing use
of licorice extracts in food industry and growing
demand for natural ingredient is projected to
boost growth of the licorice market. Licorice
extracts are further segmented on the basis of
application, which includes food beverages,
pharmaceutical, tobacco, and others.
Pharmaceutical segment is expected to account for
the highest revenue share over the forecast
period, due to increasing use of licorice
extracts in medicines due to its anti-microbial
properties.
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REPORT DESCRIPTION
Licorice Extract MarketSegmentation

• 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
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• https//www.coherentmarketinsights.com/insight/re
  quest-sample/1025

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REPORT DESCRIPTION
Licorice Extract MarketKey Players
Major players involved in Licorice Extract
Market Norevo GmbH, MAFCO Worldwide LLC, FC
Licorice, Zagros Licorice Co., Ransom
NaturalsLtd., Aushadhi Herba, VPL Chemicals, To
know the latest trends and insights prevalent in
this market, click the link below https//www.coh
erentmarketinsights.com/market-insight/licorice-ex
tract-market-1025
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