Licorice Extract Market Size, Growth | Industry Forecast Report, 2026

1. Welcome To DataIntelo Licorice Extract Market Size, Growth | Industry Forecast Report, 2026 Licorice root is boiled to derive the extract. Natural licorice extract is available in liquid or powdered root form. The extract is a natural ingredient found in herbal supplements and food. The full remedial efficiency of licorice has not been entirely tested, certain benefits have been proven; however, others have enough support to permit its addition in a number of supplements. It is extensively employed in teas and a number of different products as a flavoring agent. Licorice extract is used to treat stomach problems such as heartburn; however, it has some significant side effects that need to be considered before consumption. Market Trends, Drivers, Restraints, and Opportunities: •Gaining a sense of enormous sales potential of licorice extract, companies are devising numerous product-level strategies to scale up their businesses. This, in turn, is boosting market growth. •High demand for plant-based natural sweeteners and flavors is estimated to fuel market growth during the forecast period.

2. •Increasing demand for herbal medicines and plant-based sweeteners and growing awareness related to sugar-free products are expected to drive growth of the market during the forecast period. •Growing preference for healthy food products among consumers is increasing the use of natural products among manufacturers. This is expected to fuel the market growth. •Stringent government regulations related to product approvals are expected to hamper market growth. Scope of the report: The report on the global licorice extract market includes an assessment of the market, size, share, trends, segments and regional markets. Overview and dynamics have been included in the report. Attributes Details Base Year 2019 Historic Data 2015–2019 Forecast Period 2020–2026 North America, Latin America, Europe, Asia Pacific, and Middle East & Africa Regional Scope Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast Report Coverage Request for Free Sample: https://dataintelo.com/request- sample/?reportId=40448 Licorice Extract Market Segment Insights: The rise in adoption of powdered form Based on applications, the licorice extract market has been segmented into powder, semi fluid/paste, and block. The powdered form of licorice extract is

3. preferred over block and paste, as it is easier to transport and has a long shelf life. However, the preference for licorice extract in the semi-fluid form is estimated to grow at an exponential pace, as end-use industries show extensively employ readily soluble forms of products. Licorice extract is used for the prevention of cancer, which in turn, is expected to fuel the pharmaceutical grade segment On the basis of applications, the market has been segregated into pharmaceutical grade, food grade, and feed grade. The pharmaceutical grade segment is expected to hold dominant share, as the extract finds application in the medicinal industry. Moreover, it is increasing used for cancer prevention. The food grade segment is expected to account for a substantial share of the market, in terms of revenue. Europe to lead the market In terms of regions, the global licorice extract market has been divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe is a key region for the market. Rise in consumer preference for products made from natural ingredients is boosting the use of various natural extracts in foods, which in turn, is fueling the demand for licorice extract in the region. Germany constitutes a major share of the market in the region, followed by countries such as the UK and Italy. The market in Asia Pacific is anticipated to grow in the coming years. China is a major producer of licorice. This is expected to drive the growth of the market in the region Competitive Landscape: Key players operating in the global licorice extract market are ASEH Licorice MFG & Exp. Co., F&C Licorice Ltd., Mafco Worldwide LLC, Maruzen Pharmaceuticals Co. Ltd., Norevo GmbH, Ransom Naturals Ltd., SepidanOsareh Co., VPL Chemicals PVT Ltd., Zagros Licorice Co., and Zelang Group. They engage in mergers & acquisitions, agreements, partnerships, and product launches to strengthen their geographical presence. Increasing launch of effective extraction technology is a key strategy employed in these players. Segments Covered in the Report

4. The global licorice extract market has been classified based on products, applications, and regions. By Products •Powder •Semi Fluid/Paste •Block By Application •Pharmaceutical Grade •Food Grade •Feed Grade By Region •North America •Europe •Middle East & Africa •Asia Pacific •Latin America Discover More @ https://dataintelo.com/