APO Research

APO RESEARCH · REPORT

Licorice Root

Selected research

Market Outlook & Growth Opportunities

Global Licorice Root Market Outlook and Growth Opportunities 2026

Market perspective

The global Licorice Root market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a compound annual growth rate (CAGR) of % over 2026-2032.

The North America market for Licorice Root is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.

The Europe market for Licorice Root is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.

Read the full market overview

The Asia Pacific market for Licorice Root is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.

In China, the Licorice Root market is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.

Major global companies in the Licorice Root market include Norevo, Mafco Worldwide, F&C Licorice, Zagros Licorice, Sepidan Osareh, VPL Chemicals, ASEH Licorice, Zelang, Maruzen Pharmaceuticals and Ransom Naturals, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.

This report provides an overview of the global Licorice Root market in terms of sales, 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 Root and sales 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 Root 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 Root market size, projected growth trends, production technologies, key applications, and end-use industries.

Licorice Root Segment by Company

Norevo

Mafco Worldwide

F&C Licorice

Zagros Licorice

Sepidan Osareh

VPL Chemicals

ASEH Licorice

Zelang, Maruzen Pharmaceuticals

Ransom Naturals

Licorice Root Segment by Type

Roots

Extracts

Licorice Root Segment by Application

Food & Beverage Industry

Tobacco Industry

Pharmaceutical Industry

Cosmetic Industry

Dietary Supplements

Licorice Root 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 Licorice Root status and future forecast, involving, sales, revenue, growth rate (CAGR), market share, historical and forecast.

2. To present the key manufacturers, sales, 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 Licorice Root market potential and advantage, opportunity and challenge, restraints, and risks.

5. To identify Licorice Root significant trends, drivers, influence factors in global and regions.

6. To analyze Licorice Root 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 Root 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 Root 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 sales 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 Root.

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 Root market, including product definition, global market growth prospects, sales value, sales volume, and average price forecasts (2021-2032).

Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Licorice Root industry.

Chapter 3: Detailed analysis of Licorice Root manufacturers competitive landscape, price, sales and revenue market share, latest development plan, 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: Sales and value of Licorice Root in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 7: Sales and value of Licorice Root in country level. It provides sigmate data by type, and by application for each country/region.

Chapter 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: Concluding Insights.

More report detail

Tables and figures
List of Tables Table 1. Licorice Root Industry Trends Table 2. Licorice Root Industry Drivers Table 3. Licorice Root Industry Opportunities and Challenges Table 4. Licorice Root Industry Restraints Table 5. Global Licorice Root Revenue by Company (US$ Million) & (2021-2026) Table 6. Global Licorice Root Revenue Share by Company (2021-2026) Table 7. Global Licorice Root Sales Volume by Company (t) & (2021-2026) Table 8. Global Licorice Root Sales Volume Share by Company (2021-2026) Table 9. Global Licorice Root Average Price (USD/t) of Company (2021-2026) Table 10. Global Licorice Root Company Ranking, (2024-2026) & (USD Million) Table 11. Global Licorice Root Key Company Manufacturing Base & Headquarters Table 12. Global Licorice Root Company, Product Type & Application Table 13. Global Licorice Root Company Establishment Date Table 14. Global Company Market Concentration Ratio (CR5 and HHI) Table 15. Global Licorice Root by Company Type (Tier 1, Tier 2, and Tier 3) & (Based on Revenue of 2025) Table 16. Mergers & Acquisitions, Expansion Table 17. Significant Companies of Roots Table 18. Significant Companies of Extracts Table 19. Global Licorice Root Sales Volume by Type 2021 VS 2025 VS 2032 (t) Table 20. Global Licorice Root Sales Volume by Type (2021-2026) & (t) Table 21. Global Licorice Root Sales Volume by Type (2027-2032) & (t) Table 22. Global Licorice Root Sales Volume Share by Type (2021-2026) Table 23. Global Licorice Root Sales Volume Share by Type (2027-2032) Table 24. Global Licorice Root Sales Value by Type 2021 VS 2025 VS 2032 (US$ Million) Table 25. Global Licorice Root Sales Value by Type (2021-2026) & (US$ Million) Table 26. Global Licorice Root Sales Value by Type (2027-2032) & (US$ Million) Table 27. Global Licorice Root Sales Value Share by Type (2021-2026) Table 28. Global Licorice Root Sales Value Share by Type (2027-2032) Table 29. Significant Companies of Food & Beverage Industry Table 30. Significant Companies of Tobacco Industry Table 31. Significant Companies of Pharmaceutical Industry Table 32. Significant Companies of Cosmetic Industry Table 33. Significant Companies of Dietary Supplements Table 34. Global Licorice Root Sales Volume by Application 2021 VS 2025 VS 2032 (t) Table 35. Global Licorice Root Sales Volume by Application (2021-2026) & (t) Table 36. Global Licorice Root Sales Volume by Application (2027-2032) & (t) Table 37. Global Licorice Root Sales Volume Share by Application (2021-2026) Table 38. Global Licorice Root Sales Volume Share by Application (2027-2032) Table 39. Global Licorice Root Sales Value by Application 2021 VS 2025 VS 2032 (US$ Million) Table 40. Global Licorice Root Sales Value by Application (2021-2026) & (US$ Million) Table 41. Global Licorice Root Sales Value by Application (2027-2032) & (US$ Million) Table 42. Global Licorice Root Sales Value Share by Application (2021-2026) Table 43. Global Licorice Root Sales Value Share by Application (2027-2032) Table 44. Global Licorice Root Sales by Region: 2021 VS 2025 VS 2032 (t) Table 45. Global Licorice Root Sales by Region (2021-2026) & (t) Table 46. Global Licorice Root Sales Market Share by Region (2021-2026) Table 47. Global Licorice Root Sales by Region (2027-2032) & (t) Table 48. Global Licorice Root Sales Market Share by Region (2027-2032) Table 49. Global Licorice Root Sales Value Comparison by Region: 2021 VS 2025 VS 2032 (US$ Million) Table 50. Global Licorice Root Sales Value by Region (2021-2026) & (US$ Million) Table 51. Global Licorice Root Sales Value Share by Region (2021-2026) Table 52. Global Licorice Root Sales Value by Region (2027-2032) & (US$ Million) Table 53. Global Licorice Root Sales Value Share by Region (2027-2032) Table 54. Global Licorice Root Market Average Price (USD/t) by Region (2021-2026) Table 55. Global Licorice Root Market Average Price (USD/t) by Region (2027-2032) Table 56. Global Licorice Root Sales by Country: 2021 VS 2025 VS 2032 (t) Table 57. Global Licorice Root Sales Value by Country: 2021 VS 2025 VS 2032 (US$ Million) Table 58. Global Licorice Root Sales by Country (2021-2026) & (t) Table 59. Global Licorice Root Sales Market Share by Country (2021-2026) Table 60. Global Licorice Root Sales by Country (2027-2032) & (t) Table 61. Global Licorice Root Sales Market Share by Country (2027-2032) Table 62. Global Licorice Root Sales Value by Country (2021-2026) & (US$ Million) Table 63. Global Licorice Root Sales Value Market Share by Country (2021-2026) Table 64. Global Licorice Root Sales Value by Country (2027-2032) & (US$ Million) Table 65. Global Licorice Root Sales Value Market Share by Country (2027-2032) Table 66. Norevo Company Information Table 67. Norevo Business Overview Table 68. Norevo Licorice Root Sales (t), Value (US$ Million), Price (USD/t) and Gross Margin (2021-2026) Table 69. Norevo Licorice Root Product Portfolio Table 70. Norevo Recent Development Table 71. Mafco Worldwide Company Information Table 72. Mafco Worldwide Business Overview Table 73. Mafco Worldwide Licorice Root Sales (t), Value (US$ Million), Price (USD/t) and Gross Margin (2021-2026) Table 74. Mafco Worldwide Licorice Root Product Portfolio Table 75. Mafco Worldwide Recent Development Table 76. F&C Licorice Company Information Table 77. F&C Licorice Business Overview Table 78. F&C Licorice Licorice Root Sales (t), Value (US$ Million), Price (USD/t) and Gross Margin (2021-2026) Table 79. F&C Licorice Licorice Root Product Portfolio Table 80. F&C Licorice Recent Development Table 81. Zagros Licorice Company Information Table 82. Zagros Licorice Business Overview Table 83. Zagros Licorice Licorice Root Sales (t), Value (US$ Million), Price (USD/t) and Gross Margin (2021-2026) Table 84. Zagros Licorice Licorice Root Product Portfolio Table 85. Zagros Licorice Recent Development Table 86. Sepidan Osareh Company Information Table 87. Sepidan Osareh Business Overview Table 88. Sepidan Osareh Licorice Root Sales (t), Value (US$ Million), Price (USD/t) and Gross Margin (2021-2026) Table 89. Sepidan Osareh Licorice Root Product Portfolio Table 90. Sepidan Osareh Recent Development Table 91. VPL Chemicals Company Information Table 92. VPL Chemicals Business Overview Table 93. VPL Chemicals Licorice Root Sales (t), Value (US$ Million), Price (USD/t) and Gross Margin (2021-2026) Table 94. VPL Chemicals Licorice Root Product Portfolio Table 95. VPL Chemicals Recent Development Table 96. ASEH Licorice Company Information Table 97. ASEH Licorice Business Overview Table 98. ASEH Licorice Licorice Root Sales (t), Value (US$ Million), Price (USD/t) and Gross Margin (2021-2026) Table 99. ASEH Licorice Licorice Root Product Portfolio Table 100. ASEH Licorice Recent Development Table 101. Zelang, Maruzen Pharmaceuticals Company Information Table 102. Zelang, Maruzen Pharmaceuticals Business Overview Table 103. Zelang, Maruzen Pharmaceuticals Licorice Root Sales (t), Value (US$ Million), Price (USD/t) and Gross Margin (2021-2026) Table 104. Zelang, Maruzen Pharmaceuticals Licorice Root Product Portfolio Table 105. Zelang, Maruzen Pharmaceuticals Recent Development Table 106. Ransom Naturals Company Information Table 107. Ransom Naturals Business Overview Table 108. Ransom Naturals Licorice Root Sales (t), Value (US$ Million), Price (USD/t) and Gross Margin (2021-2026) Table 109. Ransom Naturals Licorice Root Product Portfolio Table 110. Ransom Naturals Recent Development Table 111. Key Raw Materials Table 112. Raw Materials Key Suppliers Table 113. Licorice Root Distributors List Table 114. Licorice Root Customers List Table 115. Research Programs/Design for This Report Table 116. Authors List of This Report Table 117. Secondary Sources Table 118. Primary Sources List of Figures Figure 1. Licorice Root Product Image Figure 2. Global Licorice Root Sales Value (US$ Million), 2021 VS 2025 VS 2032 Figure 3. Global Licorice Root Sales Value (2021-2032) & (US$ Million) Figure 4. Global Licorice Root Sales (2021-2032) & (t) Figure 5. Global Licorice Root Sales Average Price (USD/t) & (2021-2032) Figure 6. Global Licorice Root Company Revenue Ranking in 2025 (US$ Million) Figure 7. Global Top 5 and 10 Company Market Share by Revenue in 2025 (US$ Million) Figure 8. Company Type (Tier 1, Tier 2, and Tier 3): 2021 VS 2025 Figure 9. Roots Image Figure 10. Extracts Image Figure 11. Global Licorice Root Sales Volume by Type (2021 VS 2025 VS 2032) & (t) Figure 12. Global Licorice Root Sales Volume Share 2021 VS 2025 VS 2032 Figure 13. Global Licorice Root Sales Volume Share by Type (2021-2032) Figure 14. Global Licorice Root Sales Value by Type (2021 VS 2025 VS 2032) & (US$ Million) Figure 15. Global Licorice Root Sales Value Share 2021 VS 2025 VS 2032 Figure 16. Global Licorice Root Sales Value Share by Type (2021-2032) Figure 17. Food & Beverage Industry Image Figure 18. Tobacco Industry Image Figure 19. Pharmaceutical Industry Image Figure 20. Cosmetic Industry Image Figure 21. Dietary Supplements Image Figure 22. Global Licorice Root Sales Volume by Application (2021 VS 2025 VS 2032) & (t) Figure 23. Global Licorice Root Sales Volume Share 2021 VS 2025 VS 2032 Figure 24. Global Licorice Root Sales Volume Share by Application (2021-2032) Figure 25. Global Licorice Root Sales Value by Application (2021 VS 2025 VS 2032) & (US$ Million) Figure 26. Global Licorice Root Sales Value Share 2021 VS 2025 VS 2032 Figure 27. Global Licorice Root Sales Value Share by Application (2021-2032) Figure 28. Global Licorice Root Sales by Region: 2021 VS 2025 VS 2032 (t) Figure 29. Global Licorice Root Sales Market Share by Region: 2021 VS 2025 VS 2032 Figure 30. Global Licorice Root Sales Value Comparison by Region: 2021 VS 2025 VS 2032 (US$ Million) Figure 31. Global Licorice Root Sales Value Share by Region: 2021 VS 2025 VS 2032 Figure 32. North America Licorice Root Sales Value (2021-2032) & (US$ Million) Figure 33. North America Licorice Root Sales Value Share by Country (%), 2025 VS 2032 Figure 34. Europe Licorice Root Sales Value (2021-2032) & (US$ Million) Figure 35. Europe Licorice Root Sales Value Share by Country (%), 2025 VS 2032 Figure 36. Asia-Pacific Licorice Root Sales Value (2021-2032) & (US$ Million) Figure 37. Asia-Pacific Licorice Root Sales Value Share by Country (%), 2025 VS 2032 Figure 38. South America Licorice Root Sales Value (2021-2032) & (US$ Million) Figure 39. South America Licorice Root Sales Value Share by Country (%), 2025 VS 2032 Figure 40. Middle East & Africa Licorice Root Sales Value (2021-2032) & (US$ Million) Figure 41. Middle East & Africa Licorice Root Sales Value Share by Country (%), 2025 VS 2032 Figure 42. USA Licorice Root Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 43. USA Licorice Root Sales Value Share by Type, 2025 VS 2032 & (%) Figure 44. USA Licorice Root Sales Value Share by Application, 2025 VS 2032 & (%) Figure 45. Canada Licorice Root Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 46. Canada Licorice Root Sales Value Share by Type, 2025 VS 2032 & (%) Figure 47. Canada Licorice Root Sales Value Share by Application, 2025 VS 2032 & (%) Figure 48. Mexico Licorice Root Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 49. Mexico Licorice Root Sales Value Share by Type, 2025 VS 2032 & (%) Figure 50. Mexico Licorice Root Sales Value Share by Application, 2025 VS 2032 & (%) Figure 51. Germany Licorice Root Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 52. Germany Licorice Root Sales Value Share by Type, 2025 VS 2032 & (%) Figure 53. Germany Licorice Root Sales Value Share by Application, 2025 VS 2032 & (%) Figure 54. France Licorice Root Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 55. France Licorice Root Sales Value Share by Type, 2025 VS 2032 & (%) Figure 56. France Licorice Root Sales Value Share by Application, 2025 VS 2032 & (%) Figure 57. U.K. Licorice Root Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 58. U.K. Licorice Root Sales Value Share by Type, 2025 VS 2032 & (%) Figure 59. U.K. Licorice Root Sales Value Share by Application, 2025 VS 2032 & (%) Figure 60. Italy Licorice Root Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 61. Italy Licorice Root Sales Value Share by Type, 2025 VS 2032 & (%) Figure 62. Italy Licorice Root Sales Value Share by Application, 2025 VS 2032 & (%) Figure 63. Spain Licorice Root Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 64. Spain Licorice Root Sales Value Share by Type, 2025 VS 2032 & (%) Figure 65. Spain Licorice Root Sales Value Share by Application, 2025 VS 2032 & (%) Figure 66. Russia Licorice Root Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 67. Russia Licorice Root Sales Value Share by Type, 2025 VS 2032 & (%) Figure 68. Russia Licorice Root Sales Value Share by Application, 2025 VS 2032 & (%) Figure 69. Netherlands Licorice Root Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 70. Netherlands Licorice Root Sales Value Share by Type, 2025 VS 2032 & (%) Figure 71. Netherlands Licorice Root Sales Value Share by Application, 2025 VS 2032 & (%) Figure 72. Nordic Countries Licorice Root Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 73. Nordic Countries Licorice Root Sales Value Share by Type, 2025 VS 2032 & (%) Figure 74. Nordic Countries Licorice Root Sales Value Share by Application, 2025 VS 2032 & (%) Figure 75. China Licorice Root Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 76. China Licorice Root Sales Value Share by Type, 2025 VS 2032 & (%) Figure 77. China Licorice Root Sales Value Share by Application, 2025 VS 2032 & (%) Figure 78. Japan Licorice Root Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 79. Japan Licorice Root Sales Value Share by Type, 2025 VS 2032 & (%) Figure 80. Japan Licorice Root Sales Value Share by Application, 2025 VS 2032 & (%) Figure 81. South Korea Licorice Root Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 82. South Korea Licorice Root Sales Value Share by Type, 2025 VS 2032 & (%) Figure 83. South Korea Licorice Root Sales Value Share by Application, 2025 VS 2032 & (%) Figure 84. India Licorice Root Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 85. India Licorice Root Sales Value Share by Type, 2025 VS 2032 & (%) Figure 86. India Licorice Root Sales Value Share by Application, 2025 VS 2032 & (%) Figure 87. Australia Licorice Root Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 88. Australia Licorice Root Sales Value Share by Type, 2025 VS 2032 & (%) Figure 89. Australia Licorice Root Sales Value Share by Application, 2025 VS 2032 & (%) Figure 90. Southeast Asia Licorice Root Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 91. Southeast Asia Licorice Root Sales Value Share by Type, 2025 VS 2032 & (%) Figure 92. Southeast Asia Licorice Root Sales Value Share by Application, 2025 VS 2032 & (%) Figure 93. Brazil Licorice Root Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 94. Brazil Licorice Root Sales Value Share by Type, 2025 VS 2032 & (%) Figure 95. Brazil Licorice Root Sales Value Share by Application, 2025 VS 2032 & (%) Figure 96. Argentina Licorice Root Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 97. Argentina Licorice Root Sales Value Share by Type, 2025 VS 2032 & (%) Figure 98. Argentina Licorice Root Sales Value Share by Application, 2025 VS 2032 & (%) Figure 99. Chile Licorice Root Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 100. Chile Licorice Root Sales Value Share by Type, 2025 VS 2032 & (%) Figure 101. Chile Licorice Root Sales Value Share by Application, 2025 VS 2032 & (%) Figure 102. Colombia Licorice Root Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 103. Colombia Licorice Root Sales Value Share by Type, 2025 VS 2032 & (%) Figure 104. Colombia Licorice Root Sales Value Share by Application, 2025 VS 2032 & (%) Figure 105. Peru Licorice Root Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 106. Peru Licorice Root Sales Value Share by Type, 2025 VS 2032 & (%) Figure 107. Peru Licorice Root Sales Value Share by Application, 2025 VS 2032 & (%) Figure 108. Saudi Arabia Licorice Root Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 109. Saudi Arabia Licorice Root Sales Value Share by Type, 2025 VS 2032 & (%) Figure 110. Saudi Arabia Licorice Root Sales Value Share by Application, 2025 VS 2032 & (%) Figure 111. Israel Licorice Root Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 112. Israel Arabia Licorice Root Sales Value Share by Type, 2025 VS 2032 & (%) Figure 113. Israel Arabia Licorice Root Sales Value Share by Application, 2025 VS 2032 & (%) Figure 114. UAE Licorice Root Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 115. UAE Licorice Root Sales Value Share by Type, 2025 VS 2032 & (%) Figure 116. UAE Licorice Root Sales Value Share by Application, 2025 VS 2032 & (%) Figure 117. Turkey Licorice Root Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 118. Turkey Licorice Root Sales Value Share by Type, 2025 VS 2032 & (%) Figure 119. Turkey Licorice Root Sales Value Share by Application, 2025 VS 2032 & (%) Figure 120. Iran Licorice Root Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 121. Iran Licorice Root Sales Value Share by Type, 2025 VS 2032 & (%) Figure 122. Iran Licorice Root Sales Value Share by Application, 2025 VS 2032 & (%) Figure 123. Egypt Licorice Root Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 124. Egypt Licorice Root Sales Value Share by Type, 2025 VS 2032 & (%) Figure 125. Egypt Licorice Root Sales Value Share by Application, 2025 VS 2032 & (%) Figure 126. Licorice Root Value Chain Figure 127. Manufacturing Cost Structure Figure 128. Licorice Root Sales Mode & Process Figure 129. Direct Comparison with Distribution Share Figure 130. Distributors Profiles Figure 131. Years Considered Figure 132. Research Process Figure 133. Key Executives Interviewed

Scope & coverage.

Types
  • Roots
  • Extracts
Applications
  • Food & Beverage Industry
  • Tobacco Industry
  • Pharmaceutical Industry
  • Cosmetic Industry
  • Dietary Supplements
Companies covered
  • Norevo
  • Mafco Worldwide
  • F&C Licorice
  • Zagros Licorice
  • Sepidan Osareh
  • VPL Chemicals
  • ASEH Licorice
  • Zelang, Maruzen Pharmaceuticals
  • Ransom Naturals

Inside the report.

1 Market Overview
  1. 1.1 Product Definition
  2. 1.2 Global Market Growth Prospects
  3. 1.2.1 Global Licorice Root Sales Value (2021-2032)
  4. 1.2.2 Global Licorice Root Sales Volume (2021-2032)
  5. 1.2.3 Global Licorice Root Sales Average Price (2021-2032)
  6. 1.3 Assumptions and Limitations
  7. 1.4 Study Goals and Objectives
2 Licorice Root Market Dynamics
  1. 2.1 Licorice Root Industry Trends
  2. 2.2 Licorice Root Industry Drivers
  3. 2.3 Licorice Root Industry Opportunities and Challenges
  4. 2.4 Licorice Root Industry Restraints
3 Licorice Root Market by Company
  1. 3.1 Global Licorice Root Company Revenue Ranking in 2025
  2. 3.2 Global Licorice Root Revenue by Company (2021-2026)
  3. 3.3 Global Licorice Root Sales Volume by Company (2021-2026)
  4. 3.4 Global Licorice Root Average Price by Company (2021-2026)
  5. 3.5 Global Licorice Root Company Ranking (2024-2026)
  6. 3.6 Global Licorice Root Company Manufacturing Base and Headquarters
  7. 3.7 Global Licorice Root Company Product Type and Application
  8. 3.8 Global Licorice Root Company Establishment Date
  9. 3.9 Market Competitive Analysis
  10. 3.9.1 Global Licorice Root Market Concentration Ratio (CR5 and HHI)
  11. 3.9.2 Global Top 5 and 10 Company Market Share by Revenue in 2025
  12. 3.9.3 2025 Licorice Root Tier 1, Tier 2, and Tier 3 Companies
  13. 3.10 Mergers and Acquisitions Expansion
4 Licorice Root Market by Type
  1. 4.1 Licorice Root Type Introduction
  2. 4.1.1 Roots
  3. 4.1.2 Extracts
  4. 4.2 Global Licorice Root Sales Volume by Type
  5. 4.2.1 Global Licorice Root Sales Volume by Type (2021 VS 2025 VS 2032)
  6. 4.2.2 Global Licorice Root Sales Volume by Type (2021-2032)
  7. 4.2.3 Global Licorice Root Sales Volume Share by Type (2021-2032)
  8. 4.3 Global Licorice Root Sales Value by Type
  9. 4.3.1 Global Licorice Root Sales Value by Type (2021 VS 2025 VS 2032)
  10. 4.3.2 Global Licorice Root Sales Value by Type (2021-2032)
  11. 4.3.3 Global Licorice Root Sales Value Share by Type (2021-2032)
5 Licorice Root Market by Application
  1. 5.1 Licorice Root Application Introduction
  2. 5.1.1 Food & Beverage Industry
  3. 5.1.2 Tobacco Industry
  4. 5.1.3 Pharmaceutical Industry
  5. 5.1.4 Cosmetic Industry
  6. 5.1.5 Dietary Supplements
  7. 5.2 Global Licorice Root Sales Volume by Application
  8. 5.2.1 Global Licorice Root Sales Volume by Application (2021 VS 2025 VS 2032)
  9. 5.2.2 Global Licorice Root Sales Volume by Application (2021-2032)
  10. 5.2.3 Global Licorice Root Sales Volume Share by Application (2021-2032)
  11. 5.3 Global Licorice Root Sales Value by Application
  12. 5.3.1 Global Licorice Root Sales Value by Application (2021 VS 2025 VS 2032)
  13. 5.3.2 Global Licorice Root Sales Value by Application (2021-2032)
  14. 5.3.3 Global Licorice Root Sales Value Share by Application (2021-2032)
6 Licorice Root Regional Sales and Value Analysis
  1. 6.1 Global Licorice Root Sales by Region: 2021 VS 2025 VS 2032
  2. 6.2 Global Licorice Root Sales by Region (2021-2032)
  3. 6.2.1 Global Licorice Root Sales by Region: 2021-2026
  4. 6.2.2 Global Licorice Root Sales by Region (2027-2032)
  5. 6.3 Global Licorice Root Sales Value by Region: 2021 VS 2025 VS 2032
  6. 6.4 Global Licorice Root Sales Value by Region (2021-2032)
  7. 6.4.1 Global Licorice Root Sales Value by Region: 2021-2026
  8. 6.4.2 Global Licorice Root Sales Value by Region (2027-2032)
  9. 6.5 Global Licorice Root Market Price Analysis by Region (2021-2026)
  10. 6.6 North America
  11. 6.6.1 North America Licorice Root Sales Value (2021-2032)
  12. 6.6.2 North America Licorice Root Sales Value Share by Country, 2025 VS 2032
  13. 6.7 Europe
  14. 6.7.1 Europe Licorice Root Sales Value (2021-2032)
  15. 6.7.2 Europe Licorice Root Sales Value Share by Country, 2025 VS 2032
  16. 6.8 Asia-Pacific
  17. 6.8.1 Asia-Pacific Licorice Root Sales Value (2021-2032)
  18. 6.8.2 Asia-Pacific Licorice Root Sales Value Share by Country, 2025 VS 2032
  19. 6.9 South America
  20. 6.9.1 South America Licorice Root Sales Value (2021-2032)
  21. 6.9.2 South America Licorice Root Sales Value Share by Country, 2025 VS 2032
  22. 6.10 Middle East & Africa
  23. 6.10.1 Middle East & Africa Licorice Root Sales Value (2021-2032)
  24. 6.10.2 Middle East & Africa Licorice Root Sales Value Share by Country, 2025 VS 2032
7 Licorice Root Country-level Sales and Value Analysis
  1. 7.1 Global Licorice Root Sales by Country: 2021 VS 2025 VS 2032
  2. 7.2 Global Licorice Root Sales Value by Country: 2021 VS 2025 VS 2032
  3. 7.3 Global Licorice Root Sales by Country (2021-2032)
  4. 7.3.1 Global Licorice Root Sales by Country (2021-2026)
  5. 7.3.2 Global Licorice Root Sales by Country (2027-2032)
  6. 7.4 Global Licorice Root Sales Value by Country (2021-2032)
  7. 7.4.1 Global Licorice Root Sales Value by Country (2021-2026)
  8. 7.4.2 Global Licorice Root Sales Value by Country (2027-2032)
  9. 7.5 USA
  10. 7.5.1 USA Licorice Root Sales Value Growth Rate (2021-2032)
  11. 7.5.2 USA Licorice Root Sales Value Share by Type, 2025 VS 2032
  12. 7.5.3 USA Licorice Root Sales Value Share by Application, 2025 VS 2032
  13. 7.6 Canada
  14. 7.6.1 Canada Licorice Root Sales Value Growth Rate (2021-2032)
  15. 7.6.2 Canada Licorice Root Sales Value Share by Type, 2025 VS 2032
  16. 7.6.3 Canada Licorice Root Sales Value Share by Application, 2025 VS 2032
  17. 7.7 Mexico
  18. 7.6.1 Mexico Licorice Root Sales Value Growth Rate (2021-2032)
  19. 7.6.2 Mexico Licorice Root Sales Value Share by Type, 2025 VS 2032
  20. 7.6.3 Mexico Licorice Root Sales Value Share by Application, 2025 VS 2032
  21. 7.8 Germany
  22. 7.8.1 Germany Licorice Root Sales Value Growth Rate (2021-2032)
  23. 7.8.2 Germany Licorice Root Sales Value Share by Type, 2025 VS 2032
  24. 7.8.3 Germany Licorice Root Sales Value Share by Application, 2025 VS 2032
  25. 7.9 France
  26. 7.9.1 France Licorice Root Sales Value Growth Rate (2021-2032)
  27. 7.9.2 France Licorice Root Sales Value Share by Type, 2025 VS 2032
  28. 7.9.3 France Licorice Root Sales Value Share by Application, 2025 VS 2032
  29. 7.10 U.K.
  30. 7.10.1 U.K. Licorice Root Sales Value Growth Rate (2021-2032)
  31. 7.10.2 U.K. Licorice Root Sales Value Share by Type, 2025 VS 2032
  32. 7.10.3 U.K. Licorice Root Sales Value Share by Application, 2025 VS 2032
  33. 7.11 Italy
  34. 7.11.1 Italy Licorice Root Sales Value Growth Rate (2021-2032)
  35. 7.11.2 Italy Licorice Root Sales Value Share by Type, 2025 VS 2032
  36. 7.11.3 Italy Licorice Root Sales Value Share by Application, 2025 VS 2032
  37. 7.12 Spain
  38. 7.12.1 Spain Licorice Root Sales Value Growth Rate (2021-2032)
  39. 7.12.2 Spain Licorice Root Sales Value Share by Type, 2025 VS 2032
  40. 7.12.3 Spain Licorice Root Sales Value Share by Application, 2025 VS 2032
  41. 7.13 Russia
  42. 7.13.1 Russia Licorice Root Sales Value Growth Rate (2021-2032)
  43. 7.13.2 Russia Licorice Root Sales Value Share by Type, 2025 VS 2032
  44. 7.13.3 Russia Licorice Root Sales Value Share by Application, 2025 VS 2032
  45. 7.14 Netherlands
  46. 7.14.1 Netherlands Licorice Root Sales Value Growth Rate (2021-2032)
  47. 7.14.2 Netherlands Licorice Root Sales Value Share by Type, 2025 VS 2032
  48. 7.14.3 Netherlands Licorice Root Sales Value Share by Application, 2025 VS 2032
  49. 7.15 Nordic Countries
  50. 7.15.1 Nordic Countries Licorice Root Sales Value Growth Rate (2021-2032)
  51. 7.15.2 Nordic Countries Licorice Root Sales Value Share by Type, 2025 VS 2032
  52. 7.15.3 Nordic Countries Licorice Root Sales Value Share by Application, 2025 VS 2032
  53. 7.16 China
  54. 7.16.1 China Licorice Root Sales Value Growth Rate (2021-2032)
  55. 7.16.2 China Licorice Root Sales Value Share by Type, 2025 VS 2032
  56. 7.16.3 China Licorice Root Sales Value Share by Application, 2025 VS 2032
  57. 7.17 Japan
  58. 7.17.1 Japan Licorice Root Sales Value Growth Rate (2021-2032)
  59. 7.17.2 Japan Licorice Root Sales Value Share by Type, 2025 VS 2032
  60. 7.17.3 Japan Licorice Root Sales Value Share by Application, 2025 VS 2032
  61. 7.18 South Korea
  62. 7.18.1 South Korea Licorice Root Sales Value Growth Rate (2021-2032)
  63. 7.18.2 South Korea Licorice Root Sales Value Share by Type, 2025 VS 2032
  64. 7.18.3 South Korea Licorice Root Sales Value Share by Application, 2025 VS 2032
  65. 7.19 India
  66. 7.19.1 India Licorice Root Sales Value Growth Rate (2021-2032)
  67. 7.19.2 India Licorice Root Sales Value Share by Type, 2025 VS 2032
  68. 7.19.3 India Licorice Root Sales Value Share by Application, 2025 VS 2032
  69. 7.20 Australia
  70. 7.20.1 Australia Licorice Root Sales Value Growth Rate (2021-2032)
  71. 7.20.2 Australia Licorice Root Sales Value Share by Type, 2025 VS 2032
  72. 7.20.3 Australia Licorice Root Sales Value Share by Application, 2025 VS 2032
  73. 7.21 Southeast Asia
  74. 7.21.1 Southeast Asia Licorice Root Sales Value Growth Rate (2021-2032)
  75. 7.21.2 Southeast Asia Licorice Root Sales Value Share by Type, 2025 VS 2032
  76. 7.21.3 Southeast Asia Licorice Root Sales Value Share by Application, 2025 VS 2032
  77. 7.22 Brazil
  78. 7.22.1 Brazil Licorice Root Sales Value Growth Rate (2021-2032)
  79. 7.22.2 Brazil Licorice Root Sales Value Share by Type, 2025 VS 2032
  80. 7.22.3 Brazil Licorice Root Sales Value Share by Application, 2025 VS 2032
  81. 7.23 Argentina
  82. 7.23.1 Argentina Licorice Root Sales Value Growth Rate (2021-2032)
  83. 7.23.2 Argentina Licorice Root Sales Value Share by Type, 2025 VS 2032
  84. 7.23.3 Argentina Licorice Root Sales Value Share by Application, 2025 VS 2032
  85. 7.24 Chile
  86. 7.24.1 Chile Licorice Root Sales Value Growth Rate (2021-2032)
  87. 7.24.2 Chile Licorice Root Sales Value Share by Type, 2025 VS 2032
  88. 7.24.3 Chile Licorice Root Sales Value Share by Application, 2025 VS 2032
  89. 7.25 Colombia
  90. 7.25.1 Colombia Licorice Root Sales Value Growth Rate (2021-2032)
  91. 7.25.2 Colombia Licorice Root Sales Value Share by Type, 2025 VS 2032
  92. 7.25.3 Colombia Licorice Root Sales Value Share by Application, 2025 VS 2032
  93. 7.26 Peru
  94. 7.26.1 Peru Licorice Root Sales Value Growth Rate (2021-2032)
  95. 7.26.2 Peru Licorice Root Sales Value Share by Type, 2025 VS 2032
  96. 7.26.3 Peru Licorice Root Sales Value Share by Application, 2025 VS 2032
  97. 7.27 Saudi Arabia
  98. 7.27.1 Saudi Arabia Licorice Root Sales Value Growth Rate (2021-2032)
  99. 7.27.2 Saudi Arabia Licorice Root Sales Value Share by Type, 2025 VS 2032
  100. 7.27.3 Saudi Arabia Licorice Root Sales Value Share by Application, 2025 VS 2032
  101. 7.28 Israel
  102. 7.28.1 Israel Licorice Root Sales Value Growth Rate (2021-2032)
  103. 7.28.2 Israel Licorice Root Sales Value Share by Type, 2025 VS 2032
  104. 7.28.3 Israel Licorice Root Sales Value Share by Application, 2025 VS 2032
  105. 7.29 UAE
  106. 7.29.1 UAE Licorice Root Sales Value Growth Rate (2021-2032)
  107. 7.29.2 UAE Licorice Root Sales Value Share by Type, 2025 VS 2032
  108. 7.29.3 UAE Licorice Root Sales Value Share by Application, 2025 VS 2032
  109. 7.30 Turkey
  110. 7.30.1 Turkey Licorice Root Sales Value Growth Rate (2021-2032)
  111. 7.30.2 Turkey Licorice Root Sales Value Share by Type, 2025 VS 2032
  112. 7.30.3 Turkey Licorice Root Sales Value Share by Application, 2025 VS 2032
  113. 7.31 Iran
  114. 7.31.1 Iran Licorice Root Sales Value Growth Rate (2021-2032)
  115. 7.31.2 Iran Licorice Root Sales Value Share by Type, 2025 VS 2032
  116. 7.31.3 Iran Licorice Root Sales Value Share by Application, 2025 VS 2032
  117. 7.32 Egypt
  118. 7.32.1 Egypt Licorice Root Sales Value Growth Rate (2021-2032)
  119. 7.32.2 Egypt Licorice Root Sales Value Share by Type, 2025 VS 2032
  120. 7.32.3 Egypt Licorice Root Sales Value Share by Application, 2025 VS 2032
8 Company Profiles
  1. 8.1 Norevo
  2. 8.1.1 Norevo Company Information
  3. 8.1.2 Norevo Business Overview
  4. 8.1.3 Norevo Licorice Root Sales, Value and Gross Margin (2021-2026)
  5. 8.1.4 Norevo Licorice Root Product Portfolio
  6. 8.1.5 Norevo Recent Developments
  7. 8.2 Mafco Worldwide
  8. 8.2.1 Mafco Worldwide Company Information
  9. 8.2.2 Mafco Worldwide Business Overview
  10. 8.2.3 Mafco Worldwide Licorice Root Sales, Value and Gross Margin (2021-2026)
  11. 8.2.4 Mafco Worldwide Licorice Root Product Portfolio
  12. 8.2.5 Mafco Worldwide Recent Developments
  13. 8.3 F&C Licorice
  14. 8.3.1 F&C Licorice Company Information
  15. 8.3.2 F&C Licorice Business Overview
  16. 8.3.3 F&C Licorice Licorice Root Sales, Value and Gross Margin (2021-2026)
  17. 8.3.4 F&C Licorice Licorice Root Product Portfolio
  18. 8.3.5 F&C Licorice Recent Developments
  19. 8.4 Zagros Licorice
  20. 8.4.1 Zagros Licorice Company Information
  21. 8.4.2 Zagros Licorice Business Overview
  22. 8.4.3 Zagros Licorice Licorice Root Sales, Value and Gross Margin (2021-2026)
  23. 8.4.4 Zagros Licorice Licorice Root Product Portfolio
  24. 8.4.5 Zagros Licorice Recent Developments
  25. 8.5 Sepidan Osareh
  26. 8.5.1 Sepidan Osareh Company Information
  27. 8.5.2 Sepidan Osareh Business Overview
  28. 8.5.3 Sepidan Osareh Licorice Root Sales, Value and Gross Margin (2021-2026)
  29. 8.5.4 Sepidan Osareh Licorice Root Product Portfolio
  30. 8.5.5 Sepidan Osareh Recent Developments
  31. 8.6 VPL Chemicals
  32. 8.6.1 VPL Chemicals Company Information
  33. 8.6.2 VPL Chemicals Business Overview
  34. 8.6.3 VPL Chemicals Licorice Root Sales, Value and Gross Margin (2021-2026)
  35. 8.6.4 VPL Chemicals Licorice Root Product Portfolio
  36. 8.6.5 VPL Chemicals Recent Developments
  37. 8.7 ASEH Licorice
  38. 8.7.1 ASEH Licorice Company Information
  39. 8.7.2 ASEH Licorice Business Overview
  40. 8.7.3 ASEH Licorice Licorice Root Sales, Value and Gross Margin (2021-2026)
  41. 8.7.4 ASEH Licorice Licorice Root Product Portfolio
  42. 8.7.5 ASEH Licorice Recent Developments
  43. 8.8 Zelang, Maruzen Pharmaceuticals
  44. 8.8.1 Zelang, Maruzen Pharmaceuticals Company Information
  45. 8.8.2 Zelang, Maruzen Pharmaceuticals Business Overview
  46. 8.8.3 Zelang, Maruzen Pharmaceuticals Licorice Root Sales, Value and Gross Margin (2021-2026)
  47. 8.8.4 Zelang, Maruzen Pharmaceuticals Licorice Root Product Portfolio
  48. 8.8.5 Zelang, Maruzen Pharmaceuticals Recent Developments
  49. 8.9 Ransom Naturals
  50. 8.9.1 Ransom Naturals Company Information
  51. 8.9.2 Ransom Naturals Business Overview
  52. 8.9.3 Ransom Naturals Licorice Root Sales, Value and Gross Margin (2021-2026)
  53. 8.9.4 Ransom Naturals Licorice Root Product Portfolio
  54. 8.9.5 Ransom Naturals Recent Developments
9 Value Chain and Sales Channels Analysis
  1. 9.1 Licorice Root Value Chain Analysis
  2. 9.1.1 Licorice Root Key Raw Materials
  3. 9.1.2 Raw Materials Key Suppliers
  4. 9.1.3 Manufacturing Cost Structure
  5. 9.1.4 Licorice Root Sales Mode & Process
  6. 9.2 Licorice Root Sales Channels Analysis
  7. 9.2.1 Direct Comparison with Distribution Share
  8. 9.2.2 Licorice Root Distributors
  9. 9.2.3 Licorice Root Customers
10 Concluding Insights
    11 Appendix
    1. 11.1 Reasons for Doing This Study
    2. 11.2 Research Methodology
    3. 11.3 Research Process
    4. 11.4 Authors List of This Report
    5. 11.5 Data Source
    6. 11.5.1 Secondary Sources
    7. 11.5.2 Primary Sources

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