Licorice Extract Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Request Brochure Request Discount

Report Code: ZMR-2035 | Report Format : | Status : Upcoming |

Abstract

Global Licorice Extract Market: Overview

The extract is obtained from the licorice root which is widely used as a medicinal herb. For obtaining the extract the licorice root is boiled and then most of the water is evaporated. The licorice extract is available on the market in liquid and powder form.

Global Licorice Extract Market: Segmentation

The global market for the licorice extract is fragmented into the application and grade. Based on the application, the global market is segregated into the pharmaceutical industry, cosmetic industry, includes food industry, feed industry, and others. The increased usage of the licorice extract in the medicinal usage has increased its demand in the pharmaceutical sector. The food industry is also contributing a good share in the market growth of the licorice extract. On the basis of grade, the market is categorized into food grade, pharmaceutical grade, and feed grade. The segment that is contributing a good share in the global licorice extract market is food grade.

Global Licorice Extract Market: Growth Factors

The market for the licorice extract will grow significantly in the coming years. The key factor that is contributing to the market growth is the increasing preferences of the consumers for the products that are made from natural products which are especially in the developing economies. In the production of the herbal medicines and other herbal products, there is an increased usage of the licorice extract. The licorice extract has several health benefits thus its demand is increasing across the world. The factor that hampers the growth of the licorice extract market is the lack of the availability of the raw materials which are, in turn, increasing the price of the licorice.

Global Licorice Extract Market: Regional Analysis

According to the regional study, the global market for the licorice extract is diversified into North America, Western Europe, Asia Pacific, the Middle East and Africa, Eastern Europe, and Latin America. The region that is leading the licorice market is Europe. The European market leads the global market in terms of value and the rise in the consumer preference towards the consumption of the products that are made naturally are the factors that are contributing to the market growth in this region. In the countries of the European region, licorice extract is used for the production of the mono ammonium glycyrrhizinate, which is used in the products that are sweetened by using stevia as a masking agent. In Europe, it is Germany that has the major market for the licorice extract in terms of consumptions which is followed by the countries such as the U.K. and Italy. In the Asia Pacific region, the market for the licorice extract will grow favorably in the coming years. The emerging nation China is the major producer of the licorice.

Global Licorice Extract Market: Competitive Players

The key market players that are involved in the licorice extract market include Norevo GmbH., Ransom Naturals, Aushadhi Herba, VPL Chemicals, MAFCO Worldwide LLC, F&C Licorice, Zagros Licorice, Sepidan Osareh, and others.

Global Licorice Extract Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Banana Flakes Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2025

Price : $ 3999.00 | Report Code: ZMR-3409 | Report Format:

Global Banana Flakes Market: Overview Banana flakes are primarily derived from natural or organic ripened bananas. They are mainly rich in minerals, such as iron, potassium, calcium, magnesium, and zinc. Bananas flakes are likely to contain 3% water and are considered to have low-fat content. Th...Read More

Brewing Enzymes Market by Type (Amylase, Beta-Glucanase, Protease, Xylanase, And Others), by Source (Microbial and Plant), by Form (Liquid and Powder), by Process (Malting, Mashing & Fermentation, Wort Separation & Filtration, And Maturation), by Application (Beer And Wine): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017-2024

Oct-2018 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-3407 | Report Format:

The report covers forecast and analysis for the brewing enzymes market on a global and regional level. The study provides historical data from 2015-2017 along with a forecast from 2018 to 2024 based on volume (Kilotons) and revenue (USD Million). The study includes drivers and restraints for the b...Read More

Tahini Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3405 | Report Format:

Global Tahini Market: Overview Tahini is a thick sauce or condiment made out of ground sesame seeds. This product is an apt source of proteins, Vitamin B, and calcium. In addition, tahini is rich in fatty acids that boast of several benefits such as they help in maintaining healthy skin. Tahini ...Read More

Colostrum Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3401 | Report Format:

Global Colostrum Market: Overview Colostrum as a product is a fluid or milk form rich in nutrients. This milk form is produced by mammals after or during their pregnancies. The colostrum obtained from cows contains high immunoglobulin levels, such as IgA, IgM, and IgG. The level of IgG is the hi...Read More

Nonfat Dry Milk Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3387 | Report Format:

Global Nonfat Dry Milk Market: Overview Dry milk or powdered milk is a dairy product manufactured by evaporating the milk in its liquid state and then removing its fats content. Nonfat dry milk market is growing at a steady pace, owing to the fact that this product lasts longer in comparison to ...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.