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Licorice Extract Market - Size, Share, and Forecast till 2025

North America is expected to show significant growth in the licorice extracts market globally, owing to growing usage of herbal medicines and increasing demand for plant-based natural ingredients.

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Licorice Extract Market - Size, Share, and Forecast till 2025

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  1. Licorice Extract Market- Global Industry Insight, Trends, Outlook, and Opportunity Analysis 2017- 2025 © Coherent market Insights. All Rights Reserved

  2. REPORT DESCRIPTION Licorice Extract Market Overview Licorice extracts derived from licorice roots are used as in medicines and is available in powdered or liquid form. The extract is produced by boiling licorice roots (Glycyrrhiza glabra), which is a plant native to the Mediterranean region. Apart from herbal medicines it is used as a sweetener and flavoring agent. The extract has anti- inflammatory, antiviral, and detoxification properties. It is widely used in the food industry as the extract is almost 50 times sweeter as compared to sugar. 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. On the basis of product type licorice extracts market is segmented in food grade, feed grade, and pharmaceutical grade. The pharmaceutical grade segment is expected to hold dominant position in the market owing to large medicinal applications of the extracts 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. On the basis of application licorice extracts market is segmented into food & beverages, pharmaceutical, tobacco, and others. Pharmaceutical segment is expected to account for the largest revenue share over the forecast period, due to increasing use of licorice extracts in medicines. © Coherent market Insights. All Rights Reserved

  3. REPORT DESCRIPTION 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 Request sample Copy of this Report:https://www.coherentmarketinsights.com/insight/request-sample/1025 • • • • © Coherent market Insights. All Rights Reserved

  4. REPORT DESCRIPTION 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 To Get Discount on this Report: https://www.coherentmarketinsights.com/insight/request-discount/1025 © Coherent market Insights. All Rights Reserved

  5. ABOUT COHERENT MARKET INSIGHTS ABOUT US Coherent Market Insights is a global market intelligence and consulting organization focused on assisting its plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, with an office at the global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We are uniquely positioned to help businesses around the globe deliver practical and lasting results through various recommendations about operational improvements, technologies, emerging market trends and new working methods. We offer both customized and syndicated market research reports that help our clients create visionary growth plans to provide traction to their business. We meticulously study emerging trends across various industries at both the global and regional levels to identify new opportunities for our clientele. SERVICES CUSTOMIZED RESEARCH INDUSTRY ANALYSIS SYNDICATED RESEARCH COUNTRY SPECIFIC STUDIES MARKET INTELLIGENCE SERVICES CONSULT STUDIES © Coherent market Insights. All Rights Reserved

  6. ABOUT COHERENT MARKET INSIGHTS Industries we cater SECTOR COVERAGE Healthcare HEALTHCAR E IT CLINICAL DIAGNOSTIC BIOTECHNO LOGY PHARMACE UTICAL MEDICAL IMAGING Chemicals & Materials MEDICAL DEVICES Speciality and Fine Chemicals Bulk Advanced Materials Chemicals Green Chemicals Polymers & Resins Food Cosmetic Ingredients Ingredients © Coherent market Insights. All Rights Reserved

  7. ABOUT COHERENT MARKET INSIGHTS RESEARCH SOLUTIONS KEY STATS GLOBAL REPORTS FEASIBILITY STUDIES 100+ Insights Published Per Year COUNT RY ANALYS IS 150+ CONSUL T PROJECT S Consulting Projects Till Date 125+ SURVEY RESEAR CH EXCEL FORECAST DATABASE COMPETITI VE ASSESSMEN T Clients Worldwide Per Year 110+ TECHNOLOG Y SNIPPETS Analysts and Contract Consultants Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals, including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein. © Coherent market Insights. All Rights Reserved

  8. THANK YOU To know more about us, visit our website: www.coherentmarketinsights.com For sales queries or new topics email us on: sales@coherentmarketinsights.com For other queries contact: Mr. Shah (Manager - Business Development) Coherent Market Insights sales@coherentmarketinsights.com +1-206-701-6702 © Coherent market Insights. All Rights Reserved

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