Selected research
Market Structure
Global Licorice Root Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
Market perspective
The global Licorice Root market is projected to grow from US$ million in 2026 to US$ million by 2032, implying a CAGR of % over 2026-2032.
The US & Canada 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.
The China 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.
Leading global manufacturers of Licorice Root 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 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 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 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 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, market size, sales, and average price forecasts (2021-2032).
Chapter 2: Provides 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 Root manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, 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 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 of each country in the world.
Chapter 7: Revenue 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 of each country in the world.
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 of the report
More report detail
Tables and figures
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 Product Definition
- 1.2 Global Licorice Root Market Size, 2021 VS 2025 VS 2032
- 1.3 Global Licorice Root Market Size Estimates and Forecasts (2021-2032)
- 1.4 Global Licorice Root Sales Estimates and Forecasts (2021-2032)
- 1.5 Global Licorice Root Market Average Price (2021-2032)
- 1.6 Assumptions and Limitations
- 1.7 Study Goals and Objectives
2 Global Licorice Root Market Dynamics
- 2.1 Licorice Root Industry Trends
- 2.2 Licorice Root Industry Drivers
- 2.3 Licorice Root Industry Opportunities and Challenges
- 2.4 Licorice Root Industry Restraints
3 Licorice Root Market by Manufacturers
- 3.1 Global Licorice Root Revenue by Manufacturers (2021-2026)
- 3.2 Global Licorice Root Sales by Manufacturers (2021-2026)
- 3.3 Global Licorice Root Average Sales Price by Manufacturers (2021-2026)
- 3.4 Global Licorice Root Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Licorice Root Key Manufacturers Manufacturing Sites & Headquarters
- 3.6 Global Licorice Root Manufacturers, Product Type & Application
- 3.7 Global Licorice Root Manufacturers Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Licorice Root Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Licorice Root Players Market Share by Revenue in 2025
- 3.8.3 2025 Licorice Root Tier 1, Tier 2, and Tier 3
4 Licorice Root Market by Type
- 4.1 Licorice Root Type Introduction
- 4.1.1 Roots
- 4.1.2 Extracts
- 4.2 Global Licorice Root Sales by Type
- 4.2.1 Global Licorice Root Sales by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global Licorice Root Sales by Type (2021-2032)
- 4.2.3 Global Licorice Root Sales Market Share by Type (2021-2032)
- 4.3 Global Licorice Root Revenue by Type
- 4.3.1 Global Licorice Root Revenue by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global Licorice Root Revenue by Type (2021-2032)
- 4.3.3 Global Licorice Root Revenue Market Share by Type (2021-2032)
5 Licorice Root Market by Application
- 5.1 Licorice Root Application Introduction
- 5.1.1 Food & Beverage Industry
- 5.1.2 Tobacco Industry
- 5.1.3 Pharmaceutical Industry
- 5.1.4 Cosmetic Industry
- 5.1.5 Dietary Supplements
- 5.2 Global Licorice Root Sales by Application
- 5.2.1 Global Licorice Root Sales by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global Licorice Root Sales by Application (2021-2032)
- 5.2.3 Global Licorice Root Sales Market Share by Application (2021-2032)
- 5.3 Global Licorice Root Revenue by Application
- 5.3.1 Global Licorice Root Revenue by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global Licorice Root Revenue by Application (2021-2032)
- 5.3.3 Global Licorice Root Revenue Market Share by Application (2021-2032)
6 Global Licorice Root Sales by Region
- 6.1 Global Licorice Root Sales by Region: 2021 VS 2025 VS 2032
- 6.2 Global Licorice Root Sales by Region (2021-2032)
- 6.2.1 Global Licorice Root Sales by Region (2021-2026)
- 6.2.2 Global Licorice Root Sales Forecasted by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Licorice Root Sales Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Licorice Root Sales by Country (2021-2032)
- 6.3.3 U.S.
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Licorice Root Sales Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Licorice Root Sales by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Netherlands
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Licorice Root Sales Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Licorice Root Sales by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 Southeast Asia
- 6.5.7 India
- 6.5.8 Australia
- 6.6 South America, Middle East and Africa
- 6.6.1 South America, Middle East and Africa Licorice Root Sales Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East and Africa Licorice Root Sales by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 South Africa
- 6.6.5 Saudi Arabia
- 6.6.6 Turkey
- 6.6.6 Argentina
- 6.6.6 UAE
- 6.6.6 Egypt
- 6.6.6 Chile
7 Global Licorice Root Revenue by Region
- 7.1 Global Licorice Root Revenue by Region
- 7.1.1 Global Licorice Root Revenue by Region: 2021 VS 2025 VS 2032
- 7.1.2 Global Licorice Root Revenue by Region (2021-2026)
- 7.1.3 Global Licorice Root Revenue by Region (2027-2032)
- 7.1.4 Global Licorice Root Revenue Market Share by Region (2021-2032)
- 7.2 North America
- 7.2.1 North America Licorice Root Revenue (2021-2032)
- 7.2.2 North America Licorice Root Revenue Share by Country: 2021 VS 2025 VS 2032
- 7.3 Europe
- 7.3.1 Europe Licorice Root Revenue (2021-2032)
- 7.3.2 Europe Licorice Root Revenue Share by Country: 2021 VS 2025 VS 2032
- 7.4 Asia-Pacific
- 7.4.1 Asia-Pacific Licorice Root Revenue (2021-2032)
- 7.4.2 Asia-Pacific Licorice Root Revenue Share by Country: 2021 VS 2025 VS 2032
- 7.5 South America, Middle East and Africa
- 7.5.1 South America, Middle East and Africa Licorice Root Revenue (2021-2032)
- 7.5.2 South America, Middle East and Africa Licorice Root Revenue Share by Country: 2021 VS 2025 VS 2032
8 Company Profiles
- 8.1 Norevo
- 8.1.1 Norevo Company Information
- 8.1.2 Norevo Business Overview
- 8.1.3 Norevo Licorice Root Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.1.4 Norevo Licorice Root Product Portfolio
- 8.1.5 Norevo Recent Developments
- 8.2 Mafco Worldwide
- 8.2.1 Mafco Worldwide Company Information
- 8.2.2 Mafco Worldwide Business Overview
- 8.2.3 Mafco Worldwide Licorice Root Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.2.4 Mafco Worldwide Licorice Root Product Portfolio
- 8.2.5 Mafco Worldwide Recent Developments
- 8.3 F&C Licorice
- 8.3.1 F&C Licorice Company Information
- 8.3.2 F&C Licorice Business Overview
- 8.3.3 F&C Licorice Licorice Root Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.3.4 F&C Licorice Licorice Root Product Portfolio
- 8.3.5 F&C Licorice Recent Developments
- 8.4 Zagros Licorice
- 8.4.1 Zagros Licorice Company Information
- 8.4.2 Zagros Licorice Business Overview
- 8.4.3 Zagros Licorice Licorice Root Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.4.4 Zagros Licorice Licorice Root Product Portfolio
- 8.4.5 Zagros Licorice Recent Developments
- 8.5 Sepidan Osareh
- 8.5.1 Sepidan Osareh Company Information
- 8.5.2 Sepidan Osareh Business Overview
- 8.5.3 Sepidan Osareh Licorice Root Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.5.4 Sepidan Osareh Licorice Root Product Portfolio
- 8.5.5 Sepidan Osareh Recent Developments
- 8.6 VPL Chemicals
- 8.6.1 VPL Chemicals Company Information
- 8.6.2 VPL Chemicals Business Overview
- 8.6.3 VPL Chemicals Licorice Root Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.6.4 VPL Chemicals Licorice Root Product Portfolio
- 8.6.5 VPL Chemicals Recent Developments
- 8.7 ASEH Licorice
- 8.7.1 ASEH Licorice Company Information
- 8.7.2 ASEH Licorice Business Overview
- 8.7.3 ASEH Licorice Licorice Root Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.7.4 ASEH Licorice Licorice Root Product Portfolio
- 8.7.5 ASEH Licorice Recent Developments
- 8.8 Zelang, Maruzen Pharmaceuticals
- 8.8.1 Zelang, Maruzen Pharmaceuticals Company Information
- 8.8.2 Zelang, Maruzen Pharmaceuticals Business Overview
- 8.8.3 Zelang, Maruzen Pharmaceuticals Licorice Root Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.8.4 Zelang, Maruzen Pharmaceuticals Licorice Root Product Portfolio
- 8.8.5 Zelang, Maruzen Pharmaceuticals Recent Developments
- 8.9 Ransom Naturals
- 8.9.1 Ransom Naturals Company Information
- 8.9.2 Ransom Naturals Business Overview
- 8.9.3 Ransom Naturals Licorice Root Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.9.4 Ransom Naturals Licorice Root Product Portfolio
- 8.9.5 Ransom Naturals Recent Developments
9 Value Chain and Sales Channels Analysis
- 9.1 Licorice Root Value Chain Analysis
- 9.1.1 Licorice Root Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Manufacturing Cost Structure
- 9.1.4 Licorice Root Production Mode & Process
- 9.2 Licorice Root Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Licorice Root Distributors
- 9.2.3 Licorice Root 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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