Selected research
Market Analysis & Forecast
Global Licorice Root Market Analysis and Forecast 2026-2032
Market perspective
The global Licorice Root market is projected to grow from US$ million in 2026 to US$ million by 2032, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
The US & Canada market for Licorice Root is estimated to increase from $ million in 2026 to reach $ million by 2032, at a CAGR of % during the forecast period of 2026 through 2032.
Europe market for Licorice Root is estimated to increase from $ million in 2026 to reach $ million by 2032, at a CAGR of % during the forecast period of 2026 through 2032.
Read the full market overview
Asia-Pacific market for Licorice Root is estimated to increase from $ million in 2026 to reach $ million by 2032, at a CAGR of % during the forecast period of 2026 through 2032.
The China market for Licorice Root is estimated to increase from $ million in 2026 to reach $ million by 2032, at a CAGR of % during the forecast period of 2026 through 2032.
The major 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, etc. In 2025, the world's top three vendors accounted for approximately % of the revenue.
This report presents an overview of global market for Licorice Root, sales, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2021 - 2025, estimates for 2026, and projections of CAGR through 2032.
This report researches the key producers of Licorice Root, also provides the sales of main regions and countries. Of the upcoming market potential for Licorice Root, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Licorice Root sales, revenue, market share and industry ranking of main manufacturers, data from 2021 to 2026. Identification of the major stakeholders in the global Licorice Root market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2021 to 2032. Evaluation and forecast the market size for Licorice Root sales, projected growth trends, production technology, application and end-user industry.
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 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 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 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: Introduces the report scope of the report, executive summary of different market segments (by type and by application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
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: Sales (consumption), revenue of Licorice Root in global, 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 of each country in the world.
Chapter 4: Detailed analysis of Licorice Root manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Provides the analysis of various market segments by type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Licorice Root sales, revenue, price, gross margin, and recent development, etc.
Chapter 8: North America by type, by application and by country, sales, and revenue for each segment.
Chapter 9: Europe by type, by application and by country, sales, and revenue for each segment.
Chapter 10: China type, by application, sales, and revenue for each segment.
Chapter 11: Asia (excluding China) type, by application and by region, sales, and revenue for each segment.
Chapter 12: South America, Middle East and Africa by type, by application and by country, sales, and revenue for each segment.
Chapter 13: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 14: The main 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 Licorice Root Market by Type
- 1.2.1 Global Licorice Root Market Size by Type, 2021 VS 2025 VS 2032
- 1.2.2 Roots
- 1.2.3 Extracts
- 1.3 Licorice Root Market by Application
- 1.3.1 Global Licorice Root Market Size by Application, 2021 VS 2025 VS 2032
- 1.3.2 Food & Beverage Industry
- 1.3.3 Tobacco Industry
- 1.3.4 Pharmaceutical Industry
- 1.3.5 Cosmetic Industry
- 1.3.6 Dietary Supplements
- 1.4 Assumptions and Limitations
- 1.5 Study Goals and Objectives
2 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 Global Market Growth Prospects
- 3.1 Global Licorice Root Revenue Estimates and Forecasts (2021-2032)
- 3.2 Global Licorice Root Revenue by Region
- 3.2.1 Global Licorice Root Revenue by Region: 2021 VS 2025 VS 2032
- 3.2.2 Global Licorice Root Revenue by Region (2021-2026)
- 3.2.3 Global Licorice Root Revenue by Region (2027-2032)
- 3.2.4 Global Licorice Root Revenue Market Share by Region (2021-2032)
- 3.3 Global Licorice Root Sales Estimates and Forecasts 2021-2032
- 3.4 Global Licorice Root Sales by Region
- 3.4.1 Global Licorice Root Sales by Region: 2021 VS 2025 VS 2032
- 3.4.2 Global Licorice Root Sales by Region (2021-2026)
- 3.4.3 Global Licorice Root Sales by Region (2027-2032)
- 3.4.4 Global Licorice Root Sales Market Share by Region (2021-2032)
- 3.5 US & Canada & Mexico
- 3.6 Europe
- 3.7 China
- 3.8 Asia (Excluding China)
- 3.9 South America, Middle East and Africa
4 Market Competitive Landscape by Manufacturers
- 4.1 Global Licorice Root Revenue by Manufacturers
- 4.1.1 Global Licorice Root Revenue by Manufacturers (2021-2026)
- 4.1.2 Global Licorice Root Revenue Market Share by Manufacturers (2021-2026)
- 4.1.3 Global Licorice Root Manufacturers Revenue Share Top 10 and Top 5 in 2025
- 4.2 Global Licorice Root Sales by Manufacturers
- 4.2.1 Global Licorice Root Sales by Manufacturers (2021-2026)
- 4.2.2 Global Licorice Root Sales Market Share by Manufacturers (2021-2026)
- 4.2.3 Global Licorice Root Manufacturers Sales Share Top 10 and Top 5 in 2025
- 4.3 Global Licorice Root Sales Price by Manufacturers (2021-2026)
- 4.4 Global Licorice Root Key Manufacturers Ranking, 2024 VS 2025 VS 2026
- 4.5 Global Licorice Root Key Manufacturers Manufacturing Sites & Headquarters
- 4.6 Global Licorice Root Manufacturers, Product Type & Application
- 4.7 Global Licorice Root Manufacturers' Establishment Date
- 4.8 Market Competitive Analysis
- 4.8.1 Global Licorice Root Market CR5 and HHI
- 4.8.2 2025 Licorice Root Tier 1, Tier 2, and Tier 3
5 Licorice Root Market by Type
- 5.1 Global Licorice Root Revenue by Type
- 5.1.1 Global Licorice Root Revenue by Type (2021 VS 2025 VS 2032)
- 5.1.2 Global Licorice Root Revenue by Type (2021-2032) & (US$ Million)
- 5.1.3 Global Licorice Root Revenue Market Share by Type (2021-2032)
- 5.2 Global Licorice Root Sales by Type
- 5.2.1 Global Licorice Root Sales by Type (2021 VS 2025 VS 2032)
- 5.2.2 Global Licorice Root Sales by Type (2021-2032) & (t)
- 5.2.3 Global Licorice Root Sales Market Share by Type (2021-2032)
- 5.3 Global Licorice Root Price by Type
6 Licorice Root Market by Application
- 6.1 Global Licorice Root Revenue by Application
- 6.1.1 Global Licorice Root Revenue by Application (2021 VS 2025 VS 2032)
- 6.1.2 Global Licorice Root Revenue by Application (2021-2032) & (US$ Million)
- 6.1.3 Global Licorice Root Revenue Market Share by Application (2021-2032)
- 6.2 Global Licorice Root Sales by Application
- 6.2.1 Global Licorice Root Sales by Application (2021 VS 2025 VS 2032)
- 6.2.2 Global Licorice Root Sales by Application (2021-2032) & (t)
- 6.2.3 Global Licorice Root Sales Market Share by Application (2021-2032)
- 6.3 Global Licorice Root Price by Application
7 Company Profiles
- 7.1 Norevo
- 7.1.1 Norevo Company Information
- 7.1.2 Norevo Business Overview
- 7.1.3 Norevo Licorice Root Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.1.4 Norevo Licorice Root Product Portfolio
- 7.1.5 Norevo Recent Developments
- 7.2 Mafco Worldwide
- 7.2.1 Mafco Worldwide Company Information
- 7.2.2 Mafco Worldwide Business Overview
- 7.2.3 Mafco Worldwide Licorice Root Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.2.4 Mafco Worldwide Licorice Root Product Portfolio
- 7.2.5 Mafco Worldwide Recent Developments
- 7.3 F&C Licorice
- 7.3.1 F&C Licorice Company Information
- 7.3.2 F&C Licorice Business Overview
- 7.3.3 F&C Licorice Licorice Root Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.3.4 F&C Licorice Licorice Root Product Portfolio
- 7.3.5 F&C Licorice Recent Developments
- 7.4 Zagros Licorice
- 7.4.1 Zagros Licorice Company Information
- 7.4.2 Zagros Licorice Business Overview
- 7.4.3 Zagros Licorice Licorice Root Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.4.4 Zagros Licorice Licorice Root Product Portfolio
- 7.4.5 Zagros Licorice Recent Developments
- 7.5 Sepidan Osareh
- 7.5.1 Sepidan Osareh Company Information
- 7.5.2 Sepidan Osareh Business Overview
- 7.5.3 Sepidan Osareh Licorice Root Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.5.4 Sepidan Osareh Licorice Root Product Portfolio
- 7.5.5 Sepidan Osareh Recent Developments
- 7.6 VPL Chemicals
- 7.6.1 VPL Chemicals Company Information
- 7.6.2 VPL Chemicals Business Overview
- 7.6.3 VPL Chemicals Licorice Root Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.6.4 VPL Chemicals Licorice Root Product Portfolio
- 7.6.5 VPL Chemicals Recent Developments
- 7.7 ASEH Licorice
- 7.7.1 ASEH Licorice Company Information
- 7.7.2 ASEH Licorice Business Overview
- 7.7.3 ASEH Licorice Licorice Root Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.7.4 ASEH Licorice Licorice Root Product Portfolio
- 7.7.5 ASEH Licorice Recent Developments
- 7.8 Zelang, Maruzen Pharmaceuticals
- 7.8.1 Zelang, Maruzen Pharmaceuticals Company Information
- 7.8.2 Zelang, Maruzen Pharmaceuticals Business Overview
- 7.8.3 Zelang, Maruzen Pharmaceuticals Licorice Root Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.8.4 Zelang, Maruzen Pharmaceuticals Licorice Root Product Portfolio
- 7.8.5 Zelang, Maruzen Pharmaceuticals Recent Developments
- 7.9 Ransom Naturals
- 7.9.1 Ransom Naturals Company Information
- 7.9.2 Ransom Naturals Business Overview
- 7.9.3 Ransom Naturals Licorice Root Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.9.4 Ransom Naturals Licorice Root Product Portfolio
- 7.9.5 Ransom Naturals Recent Developments
8 North America
- 8.1 North America Licorice Root Market Size by Type
- 8.1.1 North America Licorice Root Revenue by Type (2021-2032)
- 8.1.2 North America Licorice Root Sales by Type (2021-2032)
- 8.1.3 North America Licorice Root Price by Type (2021-2032)
- 8.2 North America Licorice Root Market Size by Application
- 8.2.1 North America Licorice Root Revenue by Application (2021-2032)
- 8.2.2 North America Licorice Root Sales by Application (2021-2032)
- 8.2.3 North America Licorice Root Price by Application (2021-2032)
- 8.3 North America Licorice Root Market Size by Country
- 8.3.1 North America Licorice Root Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 8.3.2 North America Licorice Root Sales by Country (2021 VS 2025 VS 2032)
- 8.3.3 North America Licorice Root Price by Country (2021-2032)
- 8.3.4 United States
- 8.3.5 Canada
- 8.3.6 Mexico
9 Europe
- 9.1 Europe Licorice Root Market Size by Type
- 9.1.1 Europe Licorice Root Revenue by Type (2021-2032)
- 9.1.2 Europe Licorice Root Sales by Type (2021-2032)
- 9.1.3 Europe Licorice Root Price by Type (2021-2032)
- 9.2 Europe Licorice Root Market Size by Application
- 9.2.1 Europe Licorice Root Revenue by Application (2021-2032)
- 9.2.2 Europe Licorice Root Sales by Application (2021-2032)
- 9.2.3 Europe Licorice Root Price by Application (2021-2032)
- 9.3 Europe Licorice Root Market Size by Country
- 9.3.1 Europe Licorice Root Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 9.3.2 Europe Licorice Root Sales by Country (2021 VS 2025 VS 2032)
- 9.3.3 Europe Licorice Root Price by Country (2021-2032)
- 9.3.4 Germany
- 9.3.5 France
- 9.3.6 U.K.
- 9.3.7 Italy
- 9.3.8 Russia
- 9.3.9 Spain
- 9.3.10 Netherlands
10 China
- 10.1 China Licorice Root Market Size by Type
- 10.1.1 China Licorice Root Revenue by Type (2021-2032)
- 10.1.2 China Licorice Root Sales by Type (2021-2032)
- 10.1.3 China Licorice Root Price by Type (2021-2032)
- 10.2 China Licorice Root Market Size by Application
- 10.2.1 China Licorice Root Revenue by Application (2021-2032)
- 10.2.2 China Licorice Root Sales by Application (2021-2032)
- 10.2.3 China Licorice Root Price by Application (2021-2032)
11 Asia (Excluding China)
- 11.1 Asia Licorice Root Market Size by Type
- 11.1.1 Asia Licorice Root Revenue by Type (2021-2032)
- 11.1.2 Asia Licorice Root Sales by Type (2021-2032)
- 11.1.3 Asia Licorice Root Price by Type (2021-2032)
- 11.2 Asia Licorice Root Market Size by Application
- 11.2.1 Asia Licorice Root Revenue by Application (2021-2032)
- 11.2.2 Asia Licorice Root Sales by Application (2021-2032)
- 11.2.3 Asia Licorice Root Price by Application (2021-2032)
- 11.3 Asia Licorice Root Market Size by Country
- 11.3.1 Asia Licorice Root Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 11.3.2 Asia Licorice Root Sales by Country (2021 VS 2025 VS 2032)
- 11.3.3 Asia Licorice Root Price by Country (2021-2032)
- 11.3.4 Japan
- 11.3.5 South Korea
- 11.3.6 India
- 11.3.7 Australia
- 11.3.8 Taiwan
- 11.3.9 Southeast Asia
12 South America, Middle East and Africa
- 12.1 SAMEA Licorice Root Market Size by Type
- 12.1.1 SAMEA Licorice Root Revenue by Type (2021-2032)
- 12.1.2 SAMEA Licorice Root Sales by Type (2021-2032)
- 12.1.3 SAMEA Licorice Root Price by Type (2021-2032)
- 12.2 SAMEA Licorice Root Market Size by Application
- 12.2.1 SAMEA Licorice Root Revenue by Application (2021-2032)
- 12.2.2 SAMEA Licorice Root Sales by Application (2021-2032)
- 12.2.3 SAMEA Licorice Root Price by Application (2021-2032)
- 12.3 SAMEA Licorice Root Market Size by Country
- 12.3.1 SAMEA Licorice Root Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 12.3.2 SAMEA Licorice Root Sales by Country (2021 VS 2025 VS 2032)
- 12.3.3 SAMEA Licorice Root Price by Country (2021-2032)
- 12.3.4 Brazil
- 12.3.5 Argentina
- 12.3.6 Chile
- 12.3.7 Colombia
- 12.3.8 Peru
- 12.3.9 Saudi Arabia
- 12.3.10 Israel
- 12.3.11 UAE
- 12.3.12 Turkey
- 12.3.13 Iran
- 12.3.14 Egypt
13 Value Chain and Sales Channels Analysis
- 13.1 Licorice Root Value Chain Analysis
- 13.1.1 Licorice Root Key Raw Materials
- 13.1.2 Raw Materials Key Suppliers
- 13.1.3 Manufacturing Cost Structure
- 13.1.4 Licorice Root Production Mode & Process
- 13.2 Licorice Root Sales Channels Analysis
- 13.2.1 Direct Comparison with Distribution Share
- 13.2.2 Licorice Root Distributors
- 13.2.3 Licorice Root Customers
14 Concluding Insights
15 Appendix
- 15.1 Reasons for Doing This Study
- 15.2 Research Methodology
- 15.3 Research Process
- 15.4 Authors List of This Report
- 15.5 Data Source
- 15.5.1 Secondary Sources
- 15.5.2 Primary Sources
- 15.6 Disclaimer
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