Product Code: VMR112113772
Global Licorice Root Market size is anticipated to grow from USD 4.97 Billion in 2024 to USD 7.15 Billion by 2033, showcasing a robust Compound Annual Growth Rate (CAGR) of 4.13% during the forecast period of 2026 to 2033.
The Licorice Root Market is set to experience substantial growth, driven by the increasing demand for natural ingredients in food, beverages, and herbal remedies. As consumers become more health-conscious and seek alternatives to synthetic additives, the popularity of licorice root, known for its sweet flavor and potential health benefits, is on the rise. The growing trend of herbal medicine and the rise of natural sweeteners are further propelling the demand for licorice root in various applications, including confectionery, beverages, and dietary supplements.
Innovations in licorice root extraction and processing are also shaping the future of the licorice root market. Manufacturers are focusing on developing high-quality extracts that retain the natural flavor and beneficial properties of licorice root. The rise of organic and sustainably sourced licorice root products is gaining traction, appealing to environmentally conscious consumers who prioritize clean-label options. As the market evolves, companies that prioritize research and development, along with effective marketing strategies, will likely capture a larger share of the licorice root market.
Moreover, the increasing emphasis on health and wellness is influencing consumer choices in the licorice root market. As individuals become more aware of the potential health benefits associated with licorice root, such as its anti-inflammatory and digestive properties, the demand for licorice root products is rising. The development of licorice root supplements and functional foods that promote health benefits is gaining traction, appealing to health-conscious consumers. As the licorice root market continues to adapt to changing consumer preferences and regulatory requirements, companies that prioritize innovation, quality, and health benefits will be well-positioned for sustained growth and success in the coming years.
Our reports are meticulously crafted to provide clients with comprehensive and actionable insights into various industries and markets. Each report encompasses several critical components to ensure a thorough understanding of the market landscape:
Market Overview: A detailed introduction to the market, including definitions, classifications, and an overview of the industry's current state.
Market Dynamics: In-depth analysis of key drivers, restraints, opportunities, and challenges influencing market growth. This section examines factors such as technological advancements, regulatory changes, and emerging trends.
Segmentation Analysis: Breakdown of the market into distinct segments based on criteria like product type, application, end-user, and geography. This analysis highlights the performance and potential of each segment.
Competitive Landscape: Comprehensive assessment of major market players, including their market share, product portfolio, strategic initiatives, and financial performance. This section provides insights into the competitive dynamics and key strategies adopted by leading companies.
Market Forecast: Projections of market size and growth trends over a specified period, based on historical data and current market conditions. This includes quantitative analyses and graphical representations to illustrate future market trajectories.
Regional Analysis: Evaluation of market performance across different geographical regions, identifying key markets and regional trends. This helps in understanding regional market dynamics and opportunities.
Emerging Trends and Opportunities: Identification of current and emerging market trends, technological innovations, and potential areas for investment. This section offers insights into future market developments and growth prospects.
SEGMENTATION COVERED IN THE REPORT
By Product Form
By Product Type
- Essential Oils
- Liquid Malt Extract
- Oleoresins
- Herbs And Spices Dry Malt Extract
- Malt Flour
By Function Type
- Performance Enhancers
- Palatability Enhancers
By Grade Type
- Essential Standard Malt
- Caramelized Malt
- Roasted Malt
By Raw Material Type
- Maize
- Barley
- Wheat
- Rice
- Rye
- Oat
By Ingredient Type
- Lipids
- Protein
- Polysaccharide
- Others
By End User
- Food and Beverage Industry
- Tobacco Industry
- Pharmaceutical Industry
- Cosmetic Industry
- Dietary Supplements
- COMPANIES PROFILED
- Norevo
- Hepner & Eschenbrenner GmbH & Co. KG
- Maruzen Pharmaceuticals Co. Ltd.
- Nutra Green Biotechnology Co. Ltd.
- Harbin Pharmaceutical
- Kanehide Bio America
- The Lebermuth Company
- Kalsec
- Sweet Green Fields
- Martin Bauer
- Raiz Invest
- Phytopharm Kloud
- Wilhelm Werner
- Starwest Botanicals
- Euromed.
- The above list can be customized.
TABLE OF CONTENTS
1. PREFACE
- 1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology
2. EXECUTIVE SUMMARY
- 2.1. Highlights of Market
- 2.2. Global Market Snapshot
3. LICORICE ROOT INDUSTRY ANALYSIS
- 3.1. Introduction - Market Dynamics
- 3.2. Market Drivers
- 3.3. Market Restraints
- 3.4. Opportunities
- 3.5. Industry Trends
- 3.6. Porter's Five Force Analysis
- 3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Product Form
- 3.7.2 Market Attractiveness Analysis By Product Type
- 3.7.3 Market Attractiveness Analysis By Function Type
- 3.7.4 Market Attractiveness Analysis By Grade Type
- 3.7.5 Market Attractiveness Analysis By Raw Material Type
- 3.7.6 Market Attractiveness Analysis By Ingredient Type
- 3.7.7 Market Attractiveness Analysis By End User
- 3.7.8 Market Attractiveness Analysis By Regions
4. VALUE CHAIN ANALYSIS
- 4.1. Value Chain Analysis
- 4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
- 4.3. List of Potential Buyers
- 4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend
5. GLOBAL LICORICE ROOT MARKET ANALYSIS BY PRODUCT FORM
- 5.1. Overview By Product Form
- 5.2. Historical and Forecast Data Analysis By Product Form
- 5.3. Roots Historic and Forecast Sales By Regions
- 5.4. Extracts Historic and Forecast Sales By Regions
6. GLOBAL LICORICE ROOT MARKET ANALYSIS BY PRODUCT TYPE
- 6.1. Overview By Product Type
- 6.2. Historical and Forecast Data Analysis By Product Type
- 6.3. Essential Oils Historic and Forecast Sales By Regions
- 6.4. Liquid Malt Extract Historic and Forecast Sales By Regions
- 6.5. Oleoresins Historic and Forecast Sales By Regions
- 6.6. Herbs And Spices Dry Malt Extract Historic and Forecast Sales By Regions
- 6.7. Malt Flour Historic and Forecast Sales By Regions
7. GLOBAL LICORICE ROOT MARKET ANALYSIS BY FUNCTION TYPE
- 7.1. Overview By Function Type
- 7.2. Historical and Forecast Data Analysis By Function Type
- 7.3. Performance Enhancers Historic and Forecast Sales By Regions
- 7.4. Palatability Enhancers Historic and Forecast Sales By Regions
8. GLOBAL LICORICE ROOT MARKET ANALYSIS BY GRADE TYPE
- 8.1. Overview By Grade Type
- 8.2. Historical and Forecast Data Analysis By Grade Type
- 8.3. Essential Standard Malt Historic and Forecast Sales By Regions
- 8.4. Caramelized Malt Historic and Forecast Sales By Regions
- 8.5. Roasted Malt Historic and Forecast Sales By Regions
9. GLOBAL LICORICE ROOT MARKET ANALYSIS BY RAW MATERIAL TYPE
- 9.1. Overview By Raw Material Type
- 9.2. Historical and Forecast Data Analysis By Raw Material Type
- 9.3. Maize Historic and Forecast Sales By Regions
- 9.4. Barley Historic and Forecast Sales By Regions
- 9.5. Wheat Historic and Forecast Sales By Regions
- 9.6. Rice Historic and Forecast Sales By Regions
- 9.7. Rye Historic and Forecast Sales By Regions
- 9.8. Oat Historic and Forecast Sales By Regions
10. GLOBAL LICORICE ROOT MARKET ANALYSIS BY INGREDIENT TYPE
- 10.1. Overview By Ingredient Type
- 10.2. Historical and Forecast Data Analysis By Ingredient Type
- 10.3. Lipids Historic and Forecast Sales By Regions
- 10.4. Protein Historic and Forecast Sales By Regions
- 10.5. Polysaccharide Historic and Forecast Sales By Regions
- 10.6. Others Historic and Forecast Sales By Regions
11. GLOBAL LICORICE ROOT MARKET ANALYSIS BY END USER
- 11.1. Overview By End User
- 11.2. Historical and Forecast Data Analysis By End User
- 11.3. Food and Beverage Industry Historic and Forecast Sales By Regions
- 11.4. Tobacco Industry Historic and Forecast Sales By Regions
- 11.5. Pharmaceutical Industry Historic and Forecast Sales By Regions
- 11.6. Cosmetic Industry Historic and Forecast Sales By Regions
- 11.7. Dietary Supplements Historic and Forecast Sales By Regions
12. GLOBAL LICORICE ROOT MARKET ANALYSIS BY GEOGRAPHY
- 12.1. Regional Outlook
- 12.2. Introduction
- 12.3. North America Sales Analysis
- 12.3.1 Overview, Historic and Forecast Data Sales Analysis
- 12.3.2 North America By Segment Sales Analysis
- 12.3.3 North America By Country Sales Analysis
- 12.3.4 United States Sales Analysis
- 12.3.5 Canada Sales Analysis
- 12.3.6 Mexico Sales Analysis
- 12.4. Europe Sales Analysis
- 12.4.1 Overview, Historic and Forecast Data Sales Analysis
- 12.4.2 Europe By Segment Sales Analysis
- 12.4.3 Europe By Country Sales Analysis
- 12.4.4 United Kingdom Sales Analysis
- 12.4.5 France Sales Analysis
- 12.4.6 Germany Sales Analysis
- 12.4.7 Italy Sales Analysis
- 12.4.8 Russia Sales Analysis
- 12.4.9 Rest Of Europe Sales Analysis
- 12.5. Asia Pacific Sales Analysis
- 12.5.1 Overview, Historic and Forecast Data Sales Analysis
- 12.5.2 Asia Pacific By Segment Sales Analysis
- 12.5.3 Asia Pacific By Country Sales Analysis
- 12.5.4 China Sales Analysis
- 12.5.5 India Sales Analysis
- 12.5.6 Japan Sales Analysis
- 12.5.7 South Korea Sales Analysis
- 12.5.8 Australia Sales Analysis
- 12.5.9 South East Asia Sales Analysis
- 12.5.10 Rest Of Asia Pacific Sales Analysis
- 12.6. Latin America Sales Analysis
- 12.6.1 Overview, Historic and Forecast Data Sales Analysis
- 12.6.2 Latin America By Segment Sales Analysis
- 12.6.3 Latin America By Country Sales Analysis
- 12.6.4 Brazil Sales Analysis
- 12.6.5 Argentina Sales Analysis
- 12.6.6 Peru Sales Analysis
- 12.6.7 Chile Sales Analysis
- 12.6.8 Rest of Latin America Sales Analysis
- 12.7. Middle East & Africa Sales Analysis
- 12.7.1 Overview, Historic and Forecast Data Sales Analysis
- 12.7.2 Middle East & Africa By Segment Sales Analysis
- 12.7.3 Middle East & Africa By Country Sales Analysis
- 12.7.4 Saudi Arabia Sales Analysis
- 12.7.5 UAE Sales Analysis
- 12.7.6 Israel Sales Analysis
- 12.7.7 South Africa Sales Analysis
- 12.7.8 Rest Of Middle East And Africa Sales Analysis
13. COMPETITIVE LANDSCAPE OF THE LICORICE ROOT COMPANIES
- 13.1. Licorice Root Market Competition
- 13.2. Partnership/Collaboration/Agreement
- 13.3. Merger And Acquisitions
- 13.4. New Product Launch
- 13.5. Other Developments
14. COMPANY PROFILES OF LICORICE ROOT INDUSTRY
- 14.1. Top Companies Market Share Analysis
- 14.2. Market Concentration Rate
- 14.3. Norevo
- 14.3.1 Company Overview
- 14.3.2 Company Revenue
- 14.3.3 Products
- 14.3.4 Recent Developments
- 14.4. Hepner & Eschenbrenner GmbH & Co. KG
- 14.4.1 Company Overview
- 14.4.2 Company Revenue
- 14.4.3 Products
- 14.4.4 Recent Developments
- 14.5. Maruzen Pharmaceuticals Co. Ltd.
- 14.5.1 Company Overview
- 14.5.2 Company Revenue
- 14.5.3 Products
- 14.5.4 Recent Developments
- 14.6. Nutra Green Biotechnology Co. Ltd.
- 14.6.1 Company Overview
- 14.6.2 Company Revenue
- 14.6.3 Products
- 14.6.4 Recent Developments
- 14.7. Harbin Pharmaceutical
- 14.7.1 Company Overview
- 14.7.2 Company Revenue
- 14.7.3 Products
- 14.7.4 Recent Developments
- 14.8. Kanehide Bio America
- 14.8.1 Company Overview
- 14.8.2 Company Revenue
- 14.8.3 Products
- 14.8.4 Recent Developments
- 14.9. The Lebermuth Company
- 14.9.1 Company Overview
- 14.9.2 Company Revenue
- 14.9.3 Products
- 14.9.4 Recent Developments
- 14.10. Kalsec
- 14.10.1 Company Overview
- 14.10.2 Company Revenue
- 14.10.3 Products
- 14.10.4 Recent Developments
- 14.11. Sweet Green Fields
- 14.11.1 Company Overview
- 14.11.2 Company Revenue
- 14.11.3 Products
- 14.11.4 Recent Developments
- 14.12. Martin Bauer
- 14.12.1 Company Overview
- 14.12.2 Company Revenue
- 14.12.3 Products
- 14.12.4 Recent Developments
- 14.13. Raiz Invest
- 14.13.1 Company Overview
- 14.13.2 Company Revenue
- 14.13.3 Products
- 14.13.4 Recent Developments
- 14.14. Phytopharm Kloud
- 14.14.1 Company Overview
- 14.14.2 Company Revenue
- 14.14.3 Products
- 14.14.4 Recent Developments
- 14.15. Wilhelm Werner
- 14.15.1 Company Overview
- 14.15.2 Company Revenue
- 14.15.3 Products
- 14.15.4 Recent Developments
- 14.16. Starwest Botanicals
- 14.16.1 Company Overview
- 14.16.2 Company Revenue
- 14.16.3 Products
- 14.16.4 Recent Developments
- 14.17. Euromed
- 14.17.1 Company Overview
- 14.17.2 Company Revenue
- 14.17.3 Products
- 14.17.4 Recent Developments
Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies