APO RESEARCH · REPORT
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.
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.
Selected research
Market Structure
Global Licorice Extract Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
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%.
Read the full market overview
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.
The report provides an overview of the global Licorice Extract market in terms of capacity, output, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
The study covers key producers of Licorice Extract and consumption patterns in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents Licorice Extract sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by type and application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the Licorice Extract market size, projected growth trends, production technologies, key applications, and end-use industries.
Licorice Extract Segment 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
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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: Provides an overview of the Licorice Extract market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2021-2032).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Licorice Extract industry.
Chapter 3: Detailed analysis of Licorice Extract market competition landscape. Including Licorice Extract manufacturers' output value, output and average price from 2021 to 2026, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of Licorice Extract by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of Licorice Extract in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.
More report detail
Tables and figures
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 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Licorice Extract Production Value Estimates and Forecasts (2021-2032)
- 1.2.2 Global Licorice Extract Production Capacity Estimates and Forecasts (2021-2032)
- 1.2.3 Global Licorice Extract Production Estimates and Forecasts (2021-2032)
- 1.2.4 Global Licorice Extract Market Average Price (2021-2032)
- 1.3 Assumptions and Limitations
- 1.4 Study Goals and Objectives
2 Global Licorice Extract Market Dynamics
- 2.1 Licorice Extract Industry Trends
- 2.2 Licorice Extract Industry Drivers
- 2.3 Licorice Extract Industry Opportunities and Challenges
- 2.4 Licorice Extract Industry Restraints
3 Licorice Extract Market by Manufacturers
- 3.1 Global Licorice Extract Production Value by Manufacturers (2021-2026)
- 3.2 Global Licorice Extract Production by Manufacturers (2021-2026)
- 3.3 Global Licorice Extract Average Price by Manufacturers (2021-2026)
- 3.4 Global Licorice Extract Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Licorice Extract Key Manufacturers Manufacturing Sites & Headquarters
- 3.6 Global Licorice Extract Manufacturers, Product Type & Application
- 3.7 Global Licorice Extract Manufacturers Established Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Licorice Extract Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Licorice Extract Players Market Share by Production Value in 2025
- 3.8.3 2025 Licorice Extract Tier 1, Tier 2, and Tier 3
4 Licorice Extract Market by Type
- 4.1 Licorice Extract Type Introduction
- 4.1.1 Pharmaceutical Grade
- 4.1.2 Food Grade
- 4.1.3 Feed Grade
- 4.2 Global Licorice Extract Production by Type
- 4.2.1 Global Licorice Extract Production by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global Licorice Extract Production by Type (2021-2032)
- 4.2.3 Global Licorice Extract Production Market Share by Type (2021-2032)
- 4.3 Global Licorice Extract Production Value by Type
- 4.3.1 Global Licorice Extract Production Value by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global Licorice Extract Production Value by Type (2021-2032)
- 4.3.3 Global Licorice Extract Production Value Market Share by Type (2021-2032)
5 Licorice Extract Market by Application
- 5.1 Licorice Extract Application Introduction
- 5.1.1 Pharmaceutical
- 5.1.2 Food
- 5.1.3 Cosmetic
- 5.1.4 Others
- 5.2 Global Licorice Extract Production by Application
- 5.2.1 Global Licorice Extract Production by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global Licorice Extract Production by Application (2021-2032)
- 5.2.3 Global Licorice Extract Production Market Share by Application (2021-2032)
- 5.3 Global Licorice Extract Production Value by Application
- 5.3.1 Global Licorice Extract Production Value by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global Licorice Extract Production Value by Application (2021-2032)
- 5.3.3 Global Licorice Extract Production Value Market Share by Application (2021-2032)
6 Company Profiles
- 6.1 Magnasweet
- 6.1.1 Magnasweet Company Information
- 6.1.2 Magnasweet Business Overview
- 6.1.3 Magnasweet Licorice Extract Production, Value and Gross Margin (2021-2026)
- 6.1.4 Magnasweet Licorice Extract Product Portfolio
- 6.1.5 Magnasweet Recent Developments
- 6.2 ASEH
- 6.2.1 ASEH Company Information
- 6.2.2 ASEH Business Overview
- 6.2.3 ASEH Licorice Extract Production, Value and Gross Margin (2021-2026)
- 6.2.4 ASEH Licorice Extract Product Portfolio
- 6.2.5 ASEH Recent Developments
- 6.3 Zagros Licorice
- 6.3.1 Zagros Licorice Company Information
- 6.3.2 Zagros Licorice Business Overview
- 6.3.3 Zagros Licorice Licorice Extract Production, Value and Gross Margin (2021-2026)
- 6.3.4 Zagros Licorice Licorice Extract Product Portfolio
- 6.3.5 Zagros Licorice Recent Developments
- 6.4 Sepidan Osareh
- 6.4.1 Sepidan Osareh Company Information
- 6.4.2 Sepidan Osareh Business Overview
- 6.4.3 Sepidan Osareh Licorice Extract Production, Value and Gross Margin (2021-2026)
- 6.4.4 Sepidan Osareh Licorice Extract Product Portfolio
- 6.4.5 Sepidan Osareh Recent Developments
- 6.5 FandC Licorice
- 6.5.1 FandC Licorice Company Information
- 6.5.2 FandC Licorice Business Overview
- 6.5.3 FandC Licorice Licorice Extract Production, Value and Gross Margin (2021-2026)
- 6.5.4 FandC Licorice Licorice Extract Product Portfolio
- 6.5.5 FandC Licorice Recent Developments
- 6.6 Norevo GmbH
- 6.6.1 Norevo GmbH Company Information
- 6.6.2 Norevo GmbH Business Overview
- 6.6.3 Norevo GmbH Licorice Extract Production, Value and Gross Margin (2021-2026)
- 6.6.4 Norevo GmbH Licorice Extract Product Portfolio
- 6.6.5 Norevo GmbH Recent Developments
- 6.7 Ransom Naturals
- 6.7.1 Ransom Naturals Company Information
- 6.7.2 Ransom Naturals Business Overview
- 6.7.3 Ransom Naturals Licorice Extract Production, Value and Gross Margin (2021-2026)
- 6.7.4 Ransom Naturals Licorice Extract Product Portfolio
- 6.7.5 Ransom Naturals Recent Developments
- 6.8 Maruzen Pharmaceuticals
- 6.8.1 Maruzen Pharmaceuticals Company Information
- 6.8.2 Maruzen Pharmaceuticals Business Overview
- 6.8.3 Maruzen Pharmaceuticals Licorice Extract Production, Value and Gross Margin (2021-2026)
- 6.8.4 Maruzen Pharmaceuticals Licorice Extract Product Portfolio
- 6.8.5 Maruzen Pharmaceuticals Recent Developments
- 6.9 MCFS
- 6.9.1 MCFS Company Information
- 6.9.2 MCFS Business Overview
- 6.9.3 MCFS Licorice Extract Production, Value and Gross Margin (2021-2026)
- 6.9.4 MCFS Licorice Extract Product Portfolio
- 6.9.5 MCFS Recent Developments
- 6.10 Aushadhi Herbal
- 6.10.1 Aushadhi Herbal Company Information
- 6.10.2 Aushadhi Herbal Business Overview
- 6.10.3 Aushadhi Herbal Licorice Extract Production, Value and Gross Margin (2021-2026)
- 6.10.4 Aushadhi Herbal Licorice Extract Product Portfolio
- 6.10.5 Aushadhi Herbal Recent Developments
- 6.11 Avestia Pharma
- 6.11.1 Avestia Pharma Company Information
- 6.11.2 Avestia Pharma Business Overview
- 6.11.3 Avestia Pharma Licorice Extract Production, Value and Gross Margin (2021-2026)
- 6.11.4 Avestia Pharma Licorice Extract Product Portfolio
- 6.11.5 Avestia Pharma Recent Developments
- 6.12 VPL Chemicals
- 6.12.1 VPL Chemicals Company Information
- 6.12.2 VPL Chemicals Business Overview
- 6.12.3 VPL Chemicals Licorice Extract Production, Value and Gross Margin (2021-2026)
- 6.12.4 VPL Chemicals Licorice Extract Product Portfolio
- 6.12.5 VPL Chemicals Recent Developments
- 6.13 Zelang
- 6.13.1 Zelang Company Information
- 6.13.2 Zelang Business Overview
- 6.13.3 Zelang Licorice Extract Production, Value and Gross Margin (2021-2026)
- 6.13.4 Zelang Licorice Extract Product Portfolio
- 6.13.5 Zelang Recent Developments
- 6.14 Changyue
- 6.14.1 Changyue Company Information
- 6.14.2 Changyue Business Overview
- 6.14.3 Changyue Licorice Extract Production, Value and Gross Margin (2021-2026)
- 6.14.4 Changyue Licorice Extract Product Portfolio
- 6.14.5 Changyue Recent Developments
- 6.15 Bokai
- 6.15.1 Bokai Company Information
- 6.15.2 Bokai Business Overview
- 6.15.3 Bokai Licorice Extract Production, Value and Gross Margin (2021-2026)
- 6.15.4 Bokai Licorice Extract Product Portfolio
- 6.15.5 Bokai Recent Developments
7 Global Licorice Extract Production by Region
- 7.1 Global Licorice Extract Production by Region: 2021 VS 2025 VS 2032
- 7.2 Global Licorice Extract Production by Region (2021-2032)
- 7.2.1 Global Licorice Extract Production by Region (2021-2026)
- 7.2.2 Global Licorice Extract Production Forecast by Region (2027-2032)
- 7.3 Global Licorice Extract Production by Region: 2021 VS 2025 VS 2032
- 7.4 Global Licorice Extract Production Value by Region (2021-2032)
- 7.4.1 Global Licorice Extract Production Value by Region (2021-2026)
- 7.4.2 Global Licorice Extract Production Value by Region (2027-2032)
- 7.5 Global Licorice Extract Market Price Analysis by Region (2021-2032)
- 7.6 Regional Production Value Trends (2021-2032)
- 7.6.1 North America Licorice Extract Production Value (2021-2032)
- 7.6.2 Europe Licorice Extract Production Value (2021-2032)
- 7.6.3 Asia-Pacific Licorice Extract Production Value (2021-2032)
- 7.6.4 South America Licorice Extract Production Value (2021-2032)
- 7.6.5 Middle East & Africa Licorice Extract Production Value (2021-2032)
8 Global Licorice Extract Consumption by Region
- 8.1 Global Licorice Extract Consumption by Region: 2021 VS 2025 VS 2032
- 8.2 Global Licorice Extract Consumption by Region (2021-2032)
- 8.2.1 Global Licorice Extract Consumption by Region (2021-2026)
- 8.2.2 Global Licorice Extract Consumption by Region (2027-2032)
- 8.3 North America
- 8.3.1 North America Licorice Extract Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3.2 North America Licorice Extract Consumption by Country (2021-2032)
- 8.3.3 U.S.
- 8.3.4 Canada
- 8.3.5 Mexico
- 8.4 Europe
- 8.4.1 Europe Licorice Extract Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.4.2 Europe Licorice Extract Consumption by Country (2021-2032)
- 8.4.3 Germany
- 8.4.4 France
- 8.4.5 U.K.
- 8.4.6 Italy
- 8.4.7 Netherlands
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific Licorice Extract Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.5.2 Asia Pacific Licorice Extract Consumption by Country (2021-2032)
- 8.5.3 China
- 8.5.4 Japan
- 8.5.5 South Korea
- 8.5.6 Southeast Asia
- 8.5.7 India
- 8.5.8 Australia
- 8.6 South America
- 8.6.1 South America Licorice Extract Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.6.2 South America Licorice Extract Consumption by Country (2021-2032)
- 8.6.3 Brazil
- 8.6.4 Argentina
- 8.6.5 Chile
- 8.6.6 Colombia
- 8.7 Middle East & Africa
- 8.7.1 Middle East & Africa Licorice Extract Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.7.2 Middle East & Africa Licorice Extract Consumption by Country (2021-2032)
- 8.7.3 Egypt
- 8.7.4 South Africa
- 8.7.5 Israel
- 8.7.6 Türkiye
- 8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
- 9.1 Licorice Extract Value Chain Analysis
- 9.1.1 Licorice Extract Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Manufacturing Cost Structure
- 9.1.4 Licorice Extract Production Mode & Process
- 9.2 Licorice Extract Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Licorice Extract Distributors
- 9.2.3 Licorice Extract Customers
10 Concluding Insights
11 Appendix
- 11.1 Reasons for Doing This Study
- 11.2 Research Methodology
- 11.3 Research Process
- 11.4 Authors List of This Report
- 11.5 Data Source
- 11.5.1 Secondary Sources
- 11.5.2 Primary Sources
- 11.6 Disclaimer
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