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Licorice Extract

Licorice extract comes from the licorice plant. The root of the plant is primarily used in preparing the extract, and the hard woody plant is pulped then boiled to further extract and refine the contents.

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Product & engineering

Understand the product.

Licorice extract comes from the licorice plant. The root of the plant is primarily used in preparing the extract, and the hard woody plant is pulped then boiled to further extract and refine the contents.

Licorice extract is a natural ingredient often found in both food and herbal medicine supplements. While the full medicinal effectiveness of licorice has not been completely tested, some benefits have been proven and others have enough support to warrant its inclusion in a number of supplements. Often found in teas and used in a number of different products as a flavoring ingredient, licorice extract can provide help in treating stomach issues such as heartburn, but does have some noteworthy side effects that should be considered.

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Industry Growth & Trends

Global Licorice Extract Industry Growth and Trends Forecast to 2032

Report ID 173298760120 December 2025111 pages

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Industry ResearchLicorice Extract Industry Research Report 2026130 pages · $2,950 USDIndustry Growth & TrendsGlobal Licorice Extract Industry Growth and Trends Forecast to 2032111 pages · $3,450 USDMarket StructureGlobal Licorice Extract Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032191 pages · $3,950 USDMarket Outlook & Growth OpportunitiesGlobal Licorice Extract Market Outlook and Growth Opportunities 2026193 pages · $4,250 USDMarket Analysis & ForecastGlobal Licorice Extract Market Analysis and Forecast 2026-2032218 pages · $4,950 USD

Market perspective

Licorice extract comes from the licorice plant. The root of the plant is primarily used in preparing the extract, and the hard woody plant is pulped then boiled to further extract and refine the contents.

Licorice extract is a natural ingredient often found in both food and herbal medicine supplements. While the full medicinal effectiveness of licorice has not been completely tested, some benefits have been proven and others have enough support to warrant its inclusion in a number of supplements. Often found in teas and used in a number of different products as a flavoring ingredient, licorice extract can provide help in treating stomach issues such as heartburn, but does have some noteworthy side effects that should be considered.

Global Licorice Extract key players include Magnasweet, ASEH, Zagros Licorice, Sepidan Osareh, Norevo GmbH, etc. Global top five players hold a share about 25%.

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Europe is the largest market, with a share about 20%, followed by China and Japan, having a total share about 25 percent.

In terms of product, Food Gradeis the largest segment, with a share about 55%. And in terms of application, the largest application is Food Industry, followed by Pharmaceutical Industry, Cosmetic Industry, etc.

Report Scope

This report provides a structured, data-driven view of the global Licorice Extract market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.

The Licorice Extract market size, estimates, and forecasts are presented in terms of sales volume (MT) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Licorice Extract market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Licorice Extract.

Key Companies & Market Share Insights

This section analyzes the strategies and performance of leading manufacturers in the global Licorice Extract market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.

Licorice Extract Market by Company

Magnasweet

ASEH

Zagros Licorice

Sepidan Osareh

FandC Licorice

Norevo GmbH

Ransom Naturals

Maruzen Pharmaceuticals

MCFS

Aushadhi Herbal

Avestia Pharma

VPL Chemicals

Zelang

Changyue

Bokai

Licorice Extract Segment by Type

Pharmaceutical Grade

Food Grade

Feed Grade

Licorice Extract Segment by Application

Pharmaceutical

Food

Cosmetic

Others

Licorice Extract Segment by Region

North America

United States

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Spain

Netherlands

Switzerland

Sweden

Poland

Asia-Pacific

China

Japan

South Korea

India

Australia

Taiwan

Southeast Asia

South America

Brazil

Argentina

Chile

Middle East & Africa

Egypt

South Africa

Israel

Türkiye

GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Licorice Extract market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Licorice Extract and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market.

5. This report helps stakeholders to gain insights into which regions to target globally.

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Licorice Extract.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Licorice Extract manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Sales, revenue of Licorice Extract in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.

Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.

Chapter 13: Concluding Insights of the report.

More report detail

Tables and figures
List of Tables Table 1. Major Company of Pharmaceutical Grade Table 2. Major Company of Food Grade Table 3. Major Company of Feed Grade Table 4. Global Licorice Extract Sales by Type (2021 VS 2025 VS 2032) & (US$ Million) Table 5. Global Licorice Extract Sales by Type (2021-2026) & (MT) Table 6. Global Licorice Extract Sales Market Share in Volume by Type (2021-2026) Table 7. Global Licorice Extract Sales by Type (2021-2026) & (US$ Million) Table 8. Global Licorice Extract Sales Market Share in Value by Type (2021-2026) Table 9. Global Licorice Extract Price by Type (2021-2026) & (USD/MT) Table 10. Global Licorice Extract Sales by Type (2027-2032) & (MT) Table 11. Global Licorice Extract Sales Market Share in Volume by Type (2027-2032) Table 12. Global Licorice Extract Sales by Type (2027-2032) & (US$ Million) Table 13. Global Licorice Extract Sales Market Share in Value by Type (2027-2032) Table 14. Global Licorice Extract Price by Type (2027-2032) & (USD/MT) Table 15. North America Licorice Extract Sales by Type (2021-2026) & (MT) Table 16. North America Licorice Extract Sales by Type (2021-2026) & (US$ Million) Table 17. Europe Licorice Extract Sales by Type (2021-2026) & (MT) Table 18. Europe Licorice Extract Sales by Type (2021-2026) & (US$ Million) Table 19. Asia-Pacific Licorice Extract Sales by Type (2021-2026) & (MT) Table 20. Asia-Pacific Licorice Extract Sales by Type (2021-2026) & (US$ Million) Table 21. Latin America Licorice Extract Sales by Type (2021-2026) & (MT) Table 22. Latin America Licorice Extract Sales by Type (2021-2026) & (US$ Million) Table 23. Middle East and Africa Licorice Extract Sales by Type (2021-2026) & (MT) Table 24. Middle East and Africa Licorice Extract Sales by Type (2021-2026) & (US$ Million) Table 25. Licorice Extract Industry Trends Table 26. Licorice Extract Industry Drivers Table 27. Licorice Extract Industry Opportunities and Challenges Table 28. Licorice Extract Industry Restraints Table 29. Global Licorice Extract Sales Revenue by Company (US$ Million) & (2021-2026) Table 30. Global Licorice Extract Revenue Market Share by Company (2021-2026) Table 31. Global Licorice Extract Sales by Company (2021-2026) & (MT) Table 32. Global Licorice Extract Sales Share by Company (2021-2026) Table 33. Global Licorice Extract Market Price by Company (2021-2026) & (USD/MT) Table 34. Global Licorice Extract Industry Company Ranking, 2024 VS 2025 VS 2026 Table 35. Global Licorice Extract Major Company Production Sites and Headquarters Table 36. Global Licorice Extract Company, Product Type & Application Table 37. Global Licorice Extract Company Establishment Date Table 38. Global Company Market Concentration Ratio (CR5 and HHI) Table 39. Global Licorice Extract by Company Type (Tier 1, Tier 2, and Tier 3) & (Based on the Revenue of 2025) Table 40. Global Licorice Extract Market Size Comparison by Region (US$ Million): 2021 VS 2025 VS 2032 Table 41. Global Licorice Extract Sales by Region (2021-2026) & (MT) Table 42. Global Licorice Extract Sales Market Share in Volume by Region (2021-2026) Table 43. Global Licorice Extract Sales by Region (2021-2026) & (US$ Million) Table 44. Global Licorice Extract Sales Market Share in Value by Region (2021-2026) Table 45. Global Licorice Extract Sales (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 46. Global Licorice Extract Sales by Region (2027-2032) & (MT) Table 47. Global Licorice Extract Sales Market Share in Volume by Region (2027-2032) Table 48. Global Licorice Extract Sales by Region (2027-2032) & (US$ Million) Table 49. Global Licorice Extract Sales Market Share in Value by Region (2027-2032) Table 50. Global Licorice Extract Sales (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2027-2032) Table 51. Global Licorice Extract Sales by Application (2021 VS 2025 VS 2032) & (US$ Million) Table 52. Global Licorice Extract Sales by Application (2021-2026) & (MT) Table 53. Global Licorice Extract Sales Market Share in Volume by Application (2021-2026) Table 54. Global Licorice Extract Sales by Application (2021-2026) & (US$ Million) Table 55. Global Licorice Extract Sales Market Share in Value by Application (2021-2026) Table 56. Global Licorice Extract Price by Application (2021-2026) & (USD/MT) Table 57. Global Licorice Extract Sales by Application (2027-2032) & (MT) Table 58. Global Licorice Extract Sales Market Share in Volume by Application (2027-2032) Table 59. Global Licorice Extract Sales by Application (2027-2032) & (US$ Million) Table 60. Global Licorice Extract Sales Market Share in Value by Application (2027-2032) Table 61. Global Licorice Extract Price by Application (2027-2032) & (USD/MT) Table 62. North America Licorice Extract Sales by Application (2021-2026) & (MT) Table 63. North America Licorice Extract Sales by Application (2021-2026) & (US$ Million) Table 64. Europe Licorice Extract Sales by Application (2021-2026) & (MT) Table 65. Europe Licorice Extract Sales by Application (2021-2026) & (US$ Million) Table 66. Asia-Pacific Licorice Extract Sales by Application (2021-2026) & (MT) Table 67. Asia-Pacific Licorice Extract Sales by Application (2021-2026) & (US$ Million) Table 68. Latin America Licorice Extract Sales by Application (2021-2026) & (MT) Table 69. Latin America Licorice Extract Sales by Application (2021-2026) & (US$ Million) Table 70. Middle East and Africa Licorice Extract Sales by Application (2021-2026) & (MT) Table 71. Middle East and Africa Licorice Extract Sales by Application (2021-2026) & (US$ Million) Table 72. Magnasweet Company Information Table 73. Magnasweet Business Overview Table 74. Magnasweet Licorice Extract Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 75. Magnasweet Licorice Extract Product Portfolio Table 76. Magnasweet Recent Development Table 77. ASEH Company Information Table 78. ASEH Business Overview Table 79. ASEH Licorice Extract Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 80. ASEH Licorice Extract Product Portfolio Table 81. ASEH Recent Development Table 82. Zagros Licorice Company Information Table 83. Zagros Licorice Business Overview Table 84. Zagros Licorice Licorice Extract Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 85. Zagros Licorice Licorice Extract Product Portfolio Table 86. Zagros Licorice Recent Development Table 87. Sepidan Osareh Company Information Table 88. Sepidan Osareh Business Overview Table 89. Sepidan Osareh Licorice Extract Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 90. Sepidan Osareh Licorice Extract Product Portfolio Table 91. Sepidan Osareh Recent Development Table 92. FandC Licorice Company Information Table 93. FandC Licorice Business Overview Table 94. FandC Licorice Licorice Extract Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 95. FandC Licorice Licorice Extract Product Portfolio Table 96. FandC Licorice Recent Development Table 97. Norevo GmbH Company Information Table 98. Norevo GmbH Business Overview Table 99. Norevo GmbH Licorice Extract Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 100. Norevo GmbH Licorice Extract Product Portfolio Table 101. Norevo GmbH Recent Development Table 102. Ransom Naturals Company Information Table 103. Ransom Naturals Business Overview Table 104. Ransom Naturals Licorice Extract Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 105. Ransom Naturals Licorice Extract Product Portfolio Table 106. Ransom Naturals Recent Development Table 107. Maruzen Pharmaceuticals Company Information Table 108. Maruzen Pharmaceuticals Business Overview Table 109. Maruzen Pharmaceuticals Licorice Extract Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 110. Maruzen Pharmaceuticals Licorice Extract Product Portfolio Table 111. Maruzen Pharmaceuticals Recent Development Table 112. MCFS Company Information Table 113. MCFS Business Overview Table 114. MCFS Licorice Extract Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 115. MCFS Licorice Extract Product Portfolio Table 116. MCFS Recent Development Table 117. Aushadhi Herbal Company Information Table 118. Aushadhi Herbal Business Overview Table 119. Aushadhi Herbal Licorice Extract Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 120. Aushadhi Herbal Licorice Extract Product Portfolio Table 121. Aushadhi Herbal Recent Development Table 122. Avestia Pharma Company Information Table 123. Avestia Pharma Business Overview Table 124. Avestia Pharma Licorice Extract Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 125. Avestia Pharma Licorice Extract Product Portfolio Table 126. Avestia Pharma Recent Development Table 127. VPL Chemicals Company Information Table 128. VPL Chemicals Business Overview Table 129. VPL Chemicals Licorice Extract Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 130. VPL Chemicals Licorice Extract Product Portfolio Table 131. VPL Chemicals Recent Development Table 132. Zelang Company Information Table 133. Zelang Business Overview Table 134. Zelang Licorice Extract Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 135. Zelang Licorice Extract Product Portfolio Table 136. Zelang Recent Development Table 137. Changyue Company Information Table 138. Changyue Business Overview Table 139. Changyue Licorice Extract Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 140. Changyue Licorice Extract Product Portfolio Table 141. Changyue Recent Development Table 142. Bokai Company Information Table 143. Bokai Business Overview Table 144. Bokai Licorice Extract Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 145. Bokai Licorice Extract Product Portfolio Table 146. Bokai Recent Development Table 147. North America Licorice Extract Market Size Growth Rate (CAGR) by Country (MT): 2021 VS 2025 VS 2032 Table 148. North America Licorice Extract Sales by Country (2021-2026) & (MT) Table 149. North America Licorice Extract Sales Market Share by Country (2021-2026) Table 150. North America Licorice Extract Sales Forecast by Country (2027-2032) & (MT) Table 151. North America Licorice Extract Sales Market Share Forecast by Country (2027-2032) Table 152. North America Licorice Extract Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 153. North America Licorice Extract Market Size by Country (2021-2026) & (US$ Million) Table 154. North America Licorice Extract Market Share by Country (2021-2026) Table 155. North America Licorice Extract Market Size Forecast by Country (2027-2032) & (US$ Million) Table 156. North America Licorice Extract Market Share Forecast by Country (2027-2032) Table 157. Europe Licorice Extract Market Size Growth Rate (CAGR) by Country (MT): 2021 VS 2025 VS 2032 Table 158. Europe Licorice Extract Sales by Country (2021-2026) & (MT) Table 159. Europe Licorice Extract Sales Market Share by Country (2021-2026) Table 160. Europe Licorice Extract Sales Forecast by Country (2027-2032) & (MT) Table 161. Europe Licorice Extract Sales Market Share Forecast by Country (2027-2032) Table 162. Europe Licorice Extract Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 163. Europe Licorice Extract Market Size by Country (2021-2026) & (US$ Million) Table 164. Europe Licorice Extract Market Share by Country (2021-2026) Table 165. Europe Licorice Extract Market Size Forecast by Country (2027-2032) & (US$ Million) Table 166. Europe Licorice Extract Market Share Forecast by Country (2027-2032) Table 167. Asia-Pacific Licorice Extract Market Size Growth Rate (CAGR) by Country (MT): 2021 VS 2025 VS 2032 Table 168. Asia-Pacific Licorice Extract Sales by Country (2021-2026) & (MT) Table 169. Asia-Pacific Licorice Extract Sales Market Share by Country (2021-2026) Table 170. Asia-Pacific Licorice Extract Sales Forecast by Country (2027-2032) & (MT) Table 171. Asia-Pacific Licorice Extract Sales Market Share Forecast by Country (2027-2032) Table 172. Asia-Pacific Licorice Extract Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 173. Asia-Pacific Licorice Extract Market Size by Country (2021-2026) & (US$ Million) Table 174. Asia-Pacific Licorice Extract Market Share by Country (2021-2026) Table 175. Asia-Pacific Licorice Extract Market Size Forecast by Country (2027-2032) & (US$ Million) Table 176. Asia-Pacific Licorice Extract Market Share Forecast by Country (2027-2032) Table 177. Latin America Licorice Extract Market Size Growth Rate (CAGR) by Country (MT): 2021 VS 2025 VS 2032 Table 178. Latin America Licorice Extract Sales by Country (2021-2026) & (MT) Table 179. Latin America Licorice Extract Sales Market Share by Country (2021-2026) Table 180. Latin America Licorice Extract Sales Forecast by Country (2027-2032) & (MT) Table 181. Latin America Licorice Extract Sales Market Share Forecast by Country (2027-2032) Table 182. Latin America Licorice Extract Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 183. Latin America Licorice Extract Market Size by Country (2021-2026) & (US$ Million) Table 184. Latin America Licorice Extract Market Share by Country (2021-2026) Table 185. Latin America Licorice Extract Market Size Forecast by Country (2027-2032) & (US$ Million) Table 186. Latin America Licorice Extract Market Share Forecast by Country (2027-2032) Table 187. Middle East and Africa Licorice Extract Market Size Growth Rate (CAGR) by Country (MT): 2021 VS 2025 VS 2032 Table 188. Middle East and Africa Licorice Extract Sales by Country (2021-2026) & (MT) Table 189. Middle East and Africa Licorice Extract Sales Market Share by Country (2021-2026) Table 190. Middle East and Africa Licorice Extract Sales Forecast by Country (2027-2032) & (MT) Table 191. Middle East and Africa Licorice Extract Sales Market Share Forecast by Country (2027-2032) Table 192. Middle East and Africa Licorice Extract Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 193. Middle East and Africa Licorice Extract Market Size by Country (2021-2026) & (US$ Million) Table 194. Middle East and Africa Licorice Extract Market Share by Country (2021-2026) Table 195. Middle East and Africa Licorice Extract Market Size Forecast by Country (2027-2032) & (US$ Million) Table 196. Middle East and Africa Licorice Extract Market Share Forecast by Country (2027-2032) Table 197. Key Raw Materials Table 198. Raw Materials Key Suppliers Table 199. Licorice Extract Distributors List Table 200. Licorice Extract Customers List Table 201. Research Programs/Design for This Report Table 202. Authors List of This Report Table 203. Secondary Sources Table 204. Primary Sources List of Figures Figure 1. Licorice Extract Image Figure 2. Global Licorice Extract Market Size (US$ Million), 2021 VS 2025 VS 2032 Figure 3. Global Licorice Extract Market Size (2021-2032) & (US$ Million) Figure 4. Global Licorice Extract Sales (2021-2032) & (MT) Figure 5. Pharmaceutical Grade Image Figure 6. Global Pharmaceutical Grade Sales YoY Growth (2021-2032) & (MT) Figure 7. Food Grade Image Figure 8. Global Food Grade Sales YoY Growth (2021-2032) & (MT) Figure 9. Feed Grade Image Figure 10. Global Feed Grade Sales YoY Growth (2021-2032) & (MT) Figure 11. Global Licorice Extract Market Size Overview by Type (2021-2032) & (US$ Million) Figure 12. Global Licorice Extract Market Share by Type 2025 VS 2032 Figure 13. North America Licorice Extract Sales Market Share in Volume by Type in 2025 Figure 14. North America Licorice Extract Sales Market Share in Value by Type in 2025 Figure 15. Europe Licorice Extract Sales Market Share in Volume by Type in 2025 Figure 16. Europe Licorice Extract Sales Market Share in Value by Type in 2025 Figure 17. Asia-Pacific Licorice Extract Sales Market Share in Volume by Type in 2025 Figure 18. Asia-Pacific Licorice Extract Sales Market Share in Value by Type in 2025 Figure 19. Latin America Licorice Extract Sales Market Share in Volume by Type in 2025 Figure 20. Latin America Licorice Extract Sales Market Share in Value by Type in 2025 Figure 21. Middle East and Africa Licorice Extract Sales Market Share in Volume by Type in 2025 Figure 22. Middle East and Africa Licorice Extract Sales Market Share in Value by Type in 2025 Figure 23. Global Top 5 and 10 Licorice Extract Players Market Share by Revenue in 2025 Figure 24. Company Type (Tier 1, Tier 2, and Tier 3): 2021 VS 2025 Figure 25. Pharmaceutical Image Figure 26. Global Pharmaceutical Sales YoY Growth (2021-2032) & (MT) Figure 27. Food Image Figure 28. Global Food Sales YoY Growth (2021-2032) & (MT) Figure 29. Cosmetic Image Figure 30. Global Cosmetic Sales YoY Growth (2021-2032) & (MT) Figure 31. Others Image Figure 32. Global Others Sales YoY Growth (2021-2032) & (MT) Figure 33. Global Licorice Extract Market Size Overview by Application (2021-2032) & (US$ Million) Figure 34. Global Licorice Extract Market Share by Application 2025 VS 2032 Figure 35. North America Licorice Extract Sales Market Share in Volume by Application in 2025 Figure 36. North America Licorice Extract Sales Market Share in Value by Application in 2025 Figure 37. Europe Licorice Extract Sales Market Share in Volume by Application in 2025 Figure 38. Europe Licorice Extract Sales Market Share in Value by Application in 2025 Figure 39. Asia-Pacific Licorice Extract Sales Market Share in Volume by Application in 2025 Figure 40. Asia-Pacific Licorice Extract Sales Market Share in Value by Application in 2025 Figure 41. Latin America Licorice Extract Sales Market Share in Volume by Application in 2025 Figure 42. Latin America Licorice Extract Sales Market Share in Value by Application in 2025 Figure 43. Middle East and Africa Licorice Extract Sales Market Share in Volume by Application in 2025 Figure 44. Middle East and Africa Licorice Extract Sales Market Share in Value by Application in 2025 Figure 45. North America Licorice Extract Sales by Country: 2021 VS 2025 VS 2032 (MT) Figure 46. North America Licorice Extract Sales Share by Country: 2021 VS 2025 VS 2032 Figure 47. North America Licorice Extract Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 48. North America Licorice Extract Market Share by Country: 2021 VS 2025 VS 2032 Figure 49. Europe Licorice Extract Sales by Country: 2021 VS 2025 VS 2032 (MT) Figure 50. Europe Licorice Extract Sales Share by Country: 2021 VS 2025 VS 2032 Figure 51. Europe Licorice Extract Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 52. Europe Licorice Extract Market Share by Country: 2021 VS 2025 VS 2032 Figure 53. Asia-Pacific Licorice Extract Sales by Country: 2021 VS 2025 VS 2032 (MT) Figure 54. Asia-Pacific Licorice Extract Sales Share by Country: 2021 VS 2025 VS 2032 Figure 55. Asia-Pacific Licorice Extract Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 56. Asia-Pacific Licorice Extract Market Share by Country: 2021 VS 2025 VS 2032 Figure 57. Latin America Licorice Extract Sales by Country: 2021 VS 2025 VS 2032 (MT) Figure 58. Latin America Licorice Extract Sales Share by Country: 2021 VS 2025 VS 2032 Figure 59. Latin America Licorice Extract Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 60. Latin America Licorice Extract Market Share by Country: 2021 VS 2025 VS 2032 Figure 61. Middle East and Africa Licorice Extract Sales by Country: 2021 VS 2025 VS 2032 (MT) Figure 62. Middle East and Africa Licorice Extract Sales Share by Country: 2021 VS 2025 VS 2032 Figure 63. Middle East and Africa Licorice Extract Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 64. Middle East and Africa Licorice Extract Market Share by Country: 2021 VS 2025 VS 2032 Figure 65. Licorice Extract Value Chain Figure 66. Key Raw Materials Price Figure 67. Manufacturing Cost Structure Figure 68. Licorice Extract Production Mode & Process Figure 69. Direct Comparison with Distribution Share Figure 70. Distributors Profiles Figure 71. Years Considered Figure 72. Research Process Figure 73. Key Executives Interviewed

Scope & coverage.

Types
  • Pharmaceutical Grade
  • Food Grade
  • Feed Grade
Applications
  • Pharmaceutical
  • Food
  • Cosmetic
  • Others
Companies covered
  • Magnasweet
  • ASEH
  • Zagros Licorice
  • Sepidan Osareh
  • FandC Licorice
  • Norevo GmbH
  • Ransom Naturals
  • Maruzen Pharmaceuticals
  • MCFS
  • Aushadhi Herbal
  • Avestia Pharma
  • VPL Chemicals
  • Zelang
  • Changyue
  • Bokai

Inside the report.

1 Market Overview
  1. 1.1 Product Definition
  2. 1.2 Global Market Growth Prospects
  3. 1.2.1 Global Licorice Extract Market Size Estimates and Forecasts (2021-2032)
  4. 1.2.2 Global Licorice Extract Sales Estimates and Forecasts (2021-2032)
  5. 1.3 Licorice Extract Market by Type
  6. 1.3.1 Pharmaceutical Grade
  7. 1.3.2 Food Grade
  8. 1.3.3 Feed Grade
  9. 1.4 Global Licorice Extract Market Size by Type
  10. 1.4.1 Global Licorice Extract Market Size Overview by Type (2021-2032)
  11. 1.4.2 Global Licorice Extract Historic Market Size Review by Type (2021-2026)
  12. 1.4.3 Global Licorice Extract Forecasted Market Size by Type (2027-2032)
  13. 1.5 Key Regions Market Size by Type
  14. 1.5.1 North America Licorice Extract Sales Breakdown by Type (2021-2026)
  15. 1.5.2 Europe Licorice Extract Sales Breakdown by Type (2021-2026)
  16. 1.5.3 Asia-Pacific Licorice Extract Sales Breakdown by Type (2021-2026)
  17. 1.5.4 South America Licorice Extract Sales Breakdown by Type (2021-2026)
  18. 1.5.5 Middle East and Africa Licorice Extract Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
  1. 2.1 Licorice Extract Industry Trends
  2. 2.2 Licorice Extract Industry Drivers
  3. 2.3 Licorice Extract Industry Opportunities and Challenges
  4. 2.4 Licorice Extract Industry Restraints
3 Market Competitive Landscape by Company
  1. 3.1 Global Top Players by Licorice Extract Revenue (2021-2026)
  2. 3.2 Global Top Players by Licorice Extract Sales (2021-2026)
  3. 3.3 Global Top Players by Licorice Extract Price (2021-2026)
  4. 3.4 Global Licorice Extract Industry Company Ranking, 2024 VS 2025 VS 2026
  5. 3.5 Global Licorice Extract Major Company Production Sites & Headquarters
  6. 3.6 Global Licorice Extract Company, Product Type & Application
  7. 3.7 Global Licorice Extract Company Establishment Date
  8. 3.8 Market Competitive Analysis
  9. 3.8.1 Global Licorice Extract Market CR5 and HHI
  10. 3.8.2 Global Top 5 and 10 Licorice Extract Players Market Share by Revenue in 2025
  11. 3.8.3 2025 Licorice Extract Tier 1, Tier 2, and Tier 3
4 Licorice Extract Regional Status and Outlook
  1. 4.1 Global Licorice Extract Market Size and CAGR by Region: 2021 VS 2025 VS 2032
  2. 4.2 Global Licorice Extract Historic Market Size by Region
  3. 4.2.1 Global Licorice Extract Sales in Volume by Region (2021-2026)
  4. 4.2.2 Global Licorice Extract Sales in Value by Region (2021-2026)
  5. 4.2.3 Global Licorice Extract Sales (Volume & Value), Price and Gross Margin (2021-2026)
  6. 4.3 Global Licorice Extract Forecasted Market Size by Region
  7. 4.3.1 Global Licorice Extract Sales in Volume by Region (2027-2032)
  8. 4.3.2 Global Licorice Extract Sales in Value by Region (2027-2032)
  9. 4.3.3 Global Licorice Extract Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Licorice Extract by Application
  1. 5.1 Licorice Extract Market by Application
  2. 5.1.1 Pharmaceutical
  3. 5.1.2 Food
  4. 5.1.3 Cosmetic
  5. 5.1.4 Others
  6. 5.2 Global Licorice Extract Market Size by Application
  7. 5.2.1 Global Licorice Extract Market Size Overview by Application (2021-2032)
  8. 5.2.2 Global Licorice Extract Historic Market Size Review by Application (2021-2026)
  9. 5.2.3 Global Licorice Extract Forecasted Market Size by Application (2027-2032)
  10. 5.3 Key Regions Market Size by Application
  11. 5.3.1 North America Licorice Extract Sales Breakdown by Application (2021-2026)
  12. 5.3.2 Europe Licorice Extract Sales Breakdown by Application (2021-2026)
  13. 5.3.3 Asia-Pacific Licorice Extract Sales Breakdown by Application (2021-2026)
  14. 5.3.4 South America Licorice Extract Sales Breakdown by Application (2021-2026)
  15. 5.3.5 Middle East and Africa Licorice Extract Sales Breakdown by Application (2021-2026)
6 Company Profiles
  1. 6.1 Magnasweet
  2. 6.1.1 Magnasweet Company Information
  3. 6.1.2 Magnasweet Business Overview
  4. 6.1.3 Magnasweet Licorice Extract Sales, Revenue and Gross Margin (2021-2026)
  5. 6.1.4 Magnasweet Licorice Extract Product Portfolio
  6. 6.1.5 Magnasweet Recent Developments
  7. 6.2 ASEH
  8. 6.2.1 ASEH Company Information
  9. 6.2.2 ASEH Business Overview
  10. 6.2.3 ASEH Licorice Extract Sales, Revenue and Gross Margin (2021-2026)
  11. 6.2.4 ASEH Licorice Extract Product Portfolio
  12. 6.2.5 ASEH Recent Developments
  13. 6.3 Zagros Licorice
  14. 6.3.1 Zagros Licorice Company Information
  15. 6.3.2 Zagros Licorice Business Overview
  16. 6.3.3 Zagros Licorice Licorice Extract Sales, Revenue and Gross Margin (2021-2026)
  17. 6.3.4 Zagros Licorice Licorice Extract Product Portfolio
  18. 6.3.5 Zagros Licorice Recent Developments
  19. 6.4 Sepidan Osareh
  20. 6.4.1 Sepidan Osareh Company Information
  21. 6.4.2 Sepidan Osareh Business Overview
  22. 6.4.3 Sepidan Osareh Licorice Extract Sales, Revenue and Gross Margin (2021-2026)
  23. 6.4.4 Sepidan Osareh Licorice Extract Product Portfolio
  24. 6.4.5 Sepidan Osareh Recent Developments
  25. 6.5 FandC Licorice
  26. 6.5.1 FandC Licorice Company Information
  27. 6.5.2 FandC Licorice Business Overview
  28. 6.5.3 FandC Licorice Licorice Extract Sales, Revenue and Gross Margin (2021-2026)
  29. 6.5.4 FandC Licorice Licorice Extract Product Portfolio
  30. 6.5.5 FandC Licorice Recent Developments
  31. 6.6 Norevo GmbH
  32. 6.6.1 Norevo GmbH Company Information
  33. 6.6.2 Norevo GmbH Business Overview
  34. 6.6.3 Norevo GmbH Licorice Extract Sales, Revenue and Gross Margin (2021-2026)
  35. 6.6.4 Norevo GmbH Licorice Extract Product Portfolio
  36. 6.6.5 Norevo GmbH Recent Developments
  37. 6.7 Ransom Naturals
  38. 6.7.1 Ransom Naturals Company Information
  39. 6.7.2 Ransom Naturals Business Overview
  40. 6.7.3 Ransom Naturals Licorice Extract Sales, Revenue and Gross Margin (2021-2026)
  41. 6.7.4 Ransom Naturals Licorice Extract Product Portfolio
  42. 6.7.5 Ransom Naturals Recent Developments
  43. 6.8 Maruzen Pharmaceuticals
  44. 6.8.1 Maruzen Pharmaceuticals Company Information
  45. 6.8.2 Maruzen Pharmaceuticals Business Overview
  46. 6.8.3 Maruzen Pharmaceuticals Licorice Extract Sales, Revenue and Gross Margin (2021-2026)
  47. 6.8.4 Maruzen Pharmaceuticals Licorice Extract Product Portfolio
  48. 6.8.5 Maruzen Pharmaceuticals Recent Developments
  49. 6.9 MCFS
  50. 6.9.1 MCFS Company Information
  51. 6.9.2 MCFS Business Overview
  52. 6.9.3 MCFS Licorice Extract Sales, Revenue and Gross Margin (2021-2026)
  53. 6.9.4 MCFS Licorice Extract Product Portfolio
  54. 6.9.5 MCFS Recent Developments
  55. 6.10 Aushadhi Herbal
  56. 6.10.1 Aushadhi Herbal Company Information
  57. 6.10.2 Aushadhi Herbal Business Overview
  58. 6.10.3 Aushadhi Herbal Licorice Extract Sales, Revenue and Gross Margin (2021-2026)
  59. 6.10.4 Aushadhi Herbal Licorice Extract Product Portfolio
  60. 6.10.5 Aushadhi Herbal Recent Developments
  61. 6.11 Avestia Pharma
  62. 6.11.1 Avestia Pharma Company Information
  63. 6.11.2 Avestia Pharma Business Overview
  64. 6.11.3 Avestia Pharma Licorice Extract Sales, Revenue and Gross Margin (2021-2026)
  65. 6.11.4 Avestia Pharma Licorice Extract Product Portfolio
  66. 6.11.5 Avestia Pharma Recent Developments
  67. 6.12 VPL Chemicals
  68. 6.12.1 VPL Chemicals Company Information
  69. 6.12.2 VPL Chemicals Business Overview
  70. 6.12.3 VPL Chemicals Licorice Extract Sales, Revenue and Gross Margin (2021-2026)
  71. 6.12.4 VPL Chemicals Licorice Extract Product Portfolio
  72. 6.12.5 VPL Chemicals Recent Developments
  73. 6.13 Zelang
  74. 6.13.1 Zelang Company Information
  75. 6.13.2 Zelang Business Overview
  76. 6.13.3 Zelang Licorice Extract Sales, Revenue and Gross Margin (2021-2026)
  77. 6.13.4 Zelang Licorice Extract Product Portfolio
  78. 6.13.5 Zelang Recent Developments
  79. 6.14 Changyue
  80. 6.14.1 Changyue Company Information
  81. 6.14.2 Changyue Business Overview
  82. 6.14.3 Changyue Licorice Extract Sales, Revenue and Gross Margin (2021-2026)
  83. 6.14.4 Changyue Licorice Extract Product Portfolio
  84. 6.14.5 Changyue Recent Developments
  85. 6.15 Bokai
  86. 6.15.1 Bokai Company Information
  87. 6.15.2 Bokai Business Overview
  88. 6.15.3 Bokai Licorice Extract Sales, Revenue and Gross Margin (2021-2026)
  89. 6.15.4 Bokai Licorice Extract Product Portfolio
  90. 6.15.5 Bokai Recent Developments
7 North America by Country
  1. 7.1 North America Licorice Extract Sales by Country
  2. 7.1.1 North America Licorice Extract Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 7.1.2 North America Licorice Extract Sales by Country (2021-2026)
  4. 7.1.3 North America Licorice Extract Sales Forecast by Country (2027-2032)
  5. 7.2 North America Licorice Extract Market Size by Country
  6. 7.2.1 North America Licorice Extract Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 7.2.2 North America Licorice Extract Market Size by Country (2021-2026)
  8. 7.2.3 North America Licorice Extract Market Size Forecast by Country (2027-2032)
8 Europe by Country
  1. 8.1 Europe Licorice Extract Sales by Country
  2. 8.1.1 Europe Licorice Extract Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 8.1.2 Europe Licorice Extract Sales by Country (2021-2026)
  4. 8.1.3 Europe Licorice Extract Sales Forecast by Country (2027-2032)
  5. 8.2 Europe Licorice Extract Market Size by Country
  6. 8.2.1 Europe Licorice Extract Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 8.2.2 Europe Licorice Extract Market Size by Country (2021-2026)
  8. 8.2.3 Europe Licorice Extract Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
  1. 9.1 Asia-Pacific Licorice Extract Sales by Country
  2. 9.1.1 Asia-Pacific Licorice Extract Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 9.1.2 Asia-Pacific Licorice Extract Sales by Country (2021-2026)
  4. 9.1.3 Asia-Pacific Licorice Extract Sales Forecast by Country (2027-2032)
  5. 9.2 Asia-Pacific Licorice Extract Market Size by Country
  6. 9.2.1 Asia-Pacific Licorice Extract Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 9.2.2 Asia-Pacific Licorice Extract Market Size by Country (2021-2026)
  8. 9.2.3 Asia-Pacific Licorice Extract Market Size Forecast by Country (2027-2032)
10 South America by Country
  1. 10.1 South America Licorice Extract Sales by Country
  2. 10.1.1 South America Licorice Extract Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 10.1.2 South America Licorice Extract Sales by Country (2021-2026)
  4. 10.1.3 South America Licorice Extract Sales Forecast by Country (2027-2032)
  5. 10.2 South America Licorice Extract Market Size by Country
  6. 10.2.1 South America Licorice Extract Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 10.2.2 South America Licorice Extract Market Size by Country (2021-2026)
  8. 10.2.3 South America Licorice Extract Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
  1. 11.1 Middle East and Africa Licorice Extract Sales by Country
  2. 11.1.1 Middle East and Africa Licorice Extract Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 11.1.2 Middle East and Africa Licorice Extract Sales by Country (2021-2026)
  4. 11.1.3 Middle East and Africa Licorice Extract Sales Forecast by Country (2027-2032)
  5. 11.2 Middle East and Africa Licorice Extract Market Size by Country
  6. 11.2.1 Middle East and Africa Licorice Extract Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 11.2.2 Middle East and Africa Licorice Extract Market Size by Country (2021-2026)
  8. 11.2.3 Middle East and Africa Licorice Extract Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
  1. 12.1 Licorice Extract Value Chain Analysis
  2. 12.1.1 Licorice Extract Key Raw Materials
  3. 12.1.2 Key Raw Materials Price
  4. 12.1.3 Raw Materials Key Suppliers
  5. 12.1.4 Manufacturing Cost Structure
  6. 12.1.5 Licorice Extract Production Mode & Process
  7. 12.2 Licorice Extract Sales Channels Analysis
  8. 12.2.1 Direct Comparison with Distribution Share
  9. 12.2.2 Licorice Extract Distributors
  10. 12.2.3 Licorice Extract Customers
13 Concluding Insights
    14 Appendix
    1. 14.1 Reasons for Doing This Study
    2. 14.2 Research Methodology
    3. 14.3 Research Process
    4. 14.4 Authors List of This Report
    5. 14.5 Data Source
    6. 14.5.1 Secondary Sources
    7. 14.5.2 Primary Sources
    8. 14.6 Disclaimer

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