Global Licorice Extract Market, by Product Type, Form, Application, and Geography - Trends and Forecast till 2025

Licorice is root of Glycyrrhiza glabra, which is a widely used as medicinal herb. Licorice extract is produced by boiling its root. It is effectively used as anti-bacterial, anti-inflammatory, anti-diabetic, anti-fungal, anti-oxidant, anti-diuretic agent, and for skin whitening. Licorice is used as a sweetener in beverages and candies and also as medical herb, as a flavoring agent in tea and in confectionery. The licorice extracts market is witnessing a steady growth due to increasing demand for herbal products, pharmaceuticals products, and others. However, allergic reactions, vision problems, weight changes etc. are some of the restraining factors expected to adversely affect growth of the licorice extracts market.   

Request Sample Copy of Report@  https://www.coherentmarketinsights.com/insight/request-sample/1025

Market Dynamics

Asia Pacific is expected to be dominant in the global market over the forecast period. This is mainly attributed to increasing demand for herbal medicines and in pharmaceuticals. In Europe, increasing consumer preference for natural ingredients in food and beverages drives growth of the licorice extracts market. Furthermore, demand for licorice from confectionery industry is also projected to witness significant growth owing to increasing consumer preference for sugar free items, driving growth of the licorice extract market. Also, growing production of MAG sweeteners and usage of licorice extracts in tobacco products is expected to boost growth of the market.

Key features of the study:

• This report provides in-depth analysis of licorice extracts and provides market size (US$ Mn and Kilotons (KT)) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017–2025), considering 2016 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
• It profiles leading players in the global licorice extracts market on the basis of the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study include Norevo GmbH, MAFCO Worldwide LLC, FC Licorice, Zagros Licorice Co., Ransom Naturals Ltd., Aushadhi Herba, VPL Chemicals, Sepidan Osareh Co. and among others.
• Insights from this report would allow marketers and the management authorities of companies to make informed decisions regarding their future product launch, technology up-gradation, market expansion, and marketing tactics
• The global licorice extracts market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision making through the various strategy matrices used in analyzing the licorice extracts market

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave, 
#3200 
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com