Global Liquorice Extracts Market Trend and Development Strategy Analysis 2023-2029

Length- 102 Pages | Published Date - 2022-11-17 | Report Id- 3818
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This report aims to provide a comprehensive presentation of the global market for Liquorice Extracts, with and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Liquorice Extracts.

The Liquorice Extracts market size considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Liquorice Extracts market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Liquorice Extracts manufacturers, new entrants, and industry chain related companies in this market with information for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

The global Liquorice Extracts market size in 2022 is 2374.50 million US dollars, and it is expected to be 3231.37 million US dollars by 2029, with a compound annual growth rate of 4.50% expected in 2023-2029.

MARKET COMPETITIVE LANDSCAPE:
The main players in the Liquorice Extracts market include FC Licorice (Israel), Sepidan Osareh Jonoob Co. (Iran), MAFCO Worldwide LLC (U.S.), VPL Chemicals (India), and Aushadhi Herbal (India). The share of the top 3 players in the Liquorice Extracts market is XX%.

REGION SHARE:
The report covers the market size information of North America, Europe, Asia Pacific, Latin America, Middle East and Africa, in which North America accounted for XX%, Europe accounted for XX% of Liquorice Extracts market, and Asia Pacific accounted for XX%.

SEGMENT OVERVIEW:
The report segments the market by Type and Application. Food accounted for XX% of Liquorice Extracts market in 2022. Pharmaceutical share of XX%.
Food and Beverages accounted for XX% of the Liquorice Extracts market in 2022. Tobacco Products accounts for XX%.

Market Trend:
Increasing Demand: The demand for liquorice extracts is rising due to their diverse applications in the food and beverage, pharmaceutical, and cosmetic industries. Liquorice extracts are used as flavoring agents, natural sweeteners, and for their medicinal properties, thereby driving market growth.

Growing Health Consciousness: Consumers are becoming more health-conscious and seeking natural and organic ingredients in their products. Liquorice extracts are perceived as natural and have various health benefits, including anti-inflammatory, antimicrobial, and antioxidant properties. This increasing awareness and demand for natural ingredients contribute to the growth of the liquorice extracts market.

Functional Properties: Liquorice extracts possess functional properties such as flavor enhancement, mouthfeel improvement, and masking of unpleasant tastes. These properties make them valuable ingredients in various food and beverage products, including confectionery, baked goods, and beverages.

Rising Use in Pharmaceuticals: Liquorice extracts have been traditionally used in traditional medicine systems for their therapeutic properties. With growing interest in herbal and natural remedies, liquorice extracts are finding applications in the pharmaceutical industry. They are used in formulations for cough and cold medicines, digestive health supplements, and skincare products, driving the demand in the pharmaceutical sector.

The Following is the Scope of Analysis Mainly Covered by Our Research on the Global {XX} Market:
Highlights-Regions
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Spain
Nordic
Asia Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Latin America
Brazil
Mexico
Argentina
Middle East & Africa
Egypt
South Africa
UAE
Turkey
Saudi Arabia

Player list
FC Licorice (Israel)
Sepidan Osareh Jonoob Co. (Iran)
MAFCO Worldwide LLC (U.S.)
VPL Chemicals (India)
Aushadhi Herbal (India)
MARUZEN PHARMACEUTICALS CO., LTD. (Japan)
Nutra Green Biotechnology Co.,Ltd. (China)
Avestia Pharma (India)
C.E. Roeper (Germany)
Botanic Healthcare (India)
Beijing Gingko Group (Beijing)

Types list
Food
Pharmaceutical
Feed

Application list
Food and Beverages
Tobacco Products
Cosmetics and Personal Care
Pharmaceuticals
Others

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Global Liquorice Extracts Market Trend and Development Strategy Analysis 2023-2029

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