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Global Liquorice Extract Market Research Report 2025
Published Date: July 2025
|
Report Code: QYRE-Auto-13O7502
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Global Liquorice Extract Market Insights Forecast to 2028
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Global Liquorice Extract Market Research Report 2025

Code: QYRE-Auto-13O7502
Report
July 2025
Pages:122
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

Liquorice Extract Market Size

The global market for Liquorice Extract was valued at US$ 561 million in the year 2024 and is projected to reach a revised size of US$ 860 million by 2031, growing at a CAGR of 6.4% during the forecast period.

Liquorice Extract Market

Liquorice Extract Market

Liquorice Extract from the root is a traditional oriental medicine. It was well known for its medicinal effects and has been used widely for food, pharmaceuticals, cosmetics, tobacco, etc.
North American market for Liquorice Extract is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Liquorice Extract is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of Liquorice Extract include Norevo, Scagro A/S, SK Bioland, Ruitenberg, Mafco, Glycyrrhiza Glabra, Licorice Kazakhstan, Cokey Co, Licorice Extract LLC, Herbochem, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Liquorice Extract, with both quantitative 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 Extract.
The Liquorice Extract market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Liquorice Extract 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 Extract manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation

Scope of Liquorice Extract Market Report

Report Metric Details
Report Name Liquorice Extract Market
Accounted market size in year US$ 561 million
Forecasted market size in 2031 US$ 860 million
CAGR 6.4%
Base Year year
Forecasted years 2025 - 2031
by Type
by Application
  • Pharmaceutical Industry
  • Food Industry
  • Cosmetic Industry
  • Feed Industry
  • Others
Production by Region
  • North America
  • Europe
  • China
  • Japan
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company Norevo, Scagro A/S, SK Bioland, Ruitenberg, Mafco, Glycyrrhiza Glabra, Licorice Kazakhstan, Cokey Co, Licorice Extract LLC, Herbochem, Handa Fine Chemicals, Daepyung, Alfarid Corporation Limited, ASEH, Zagros Licorice Co, Sepidan Osareh Co, F&C Licorice, Shanxi Huike Plant Development Co, Xuancheng Baicao Pharmaceutical Co, Shanxi Tianzhirun, Beijing Gingko Group
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, 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: Detailed analysis of Liquorice Extract manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 3: Production/output, value of Liquorice Extract by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
  • Chapter 4: Consumption of Liquorice Extract in 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, and production of each country in the world.
  • Chapter 5: Provides the analysis of various market segments by Type, covering the market size 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 market size 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 players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 9: 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 10: The main points and conclusions of the report.

FAQ for this report

How fast is Liquorice Extract Market growing?

Ans: The Liquorice Extract Market witnessing a CAGR of 6.4% during the forecast period 2025-2031.

What is the Liquorice Extract Market size in 2031?

Ans: The Liquorice Extract Market size in 2031 will be US$ 860 million.

Who are the main players in the Liquorice Extract Market report?

Ans: The main players in the Liquorice Extract Market are Norevo, Scagro A/S, SK Bioland, Ruitenberg, Mafco, Glycyrrhiza Glabra, Licorice Kazakhstan, Cokey Co, Licorice Extract LLC, Herbochem, Handa Fine Chemicals, Daepyung, Alfarid Corporation Limited, ASEH, Zagros Licorice Co, Sepidan Osareh Co, F&C Licorice, Shanxi Huike Plant Development Co, Xuancheng Baicao Pharmaceutical Co, Shanxi Tianzhirun, Beijing Gingko Group

What are the Application segmentation covered in the Liquorice Extract Market report?

Ans: The Applications covered in the Liquorice Extract Market report are Pharmaceutical Industry, Food Industry, Cosmetic Industry, Feed Industry, Others

What are the Type segmentation covered in the Liquorice Extract Market report?

Ans: The Types covered in the Liquorice Extract Market report are Pharmaceutical Grade, Food Grade, Feed Grade

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1 Liquorice Extract Market Overview
1.1 Product Definition
1.2 Liquorice Extract by Type
1.2.1 Global Liquorice Extract Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Pharmaceutical Grade
1.2.3 Food Grade
1.2.4 Feed Grade
1.3 Liquorice Extract by Application
1.3.1 Global Liquorice Extract Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Pharmaceutical Industry
1.3.3 Food Industry
1.3.4 Cosmetic Industry
1.3.5 Feed Industry
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global Liquorice Extract Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Liquorice Extract Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Liquorice Extract Production Estimates and Forecasts (2020-2031)
1.4.4 Global Liquorice Extract Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Liquorice Extract Production Market Share by Manufacturers (2020-2025)
2.2 Global Liquorice Extract Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Liquorice Extract, Industry Ranking, 2023 VS 2024
2.4 Global Liquorice Extract Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Liquorice Extract Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Liquorice Extract, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Liquorice Extract, Product Offered and Application
2.8 Global Key Manufacturers of Liquorice Extract, Date of Enter into This Industry
2.9 Liquorice Extract Market Competitive Situation and Trends
2.9.1 Liquorice Extract Market Concentration Rate
2.9.2 Global 5 and 10 Largest Liquorice Extract Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Liquorice Extract Production by Region
3.1 Global Liquorice Extract Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Liquorice Extract Production Value by Region (2020-2031)
3.2.1 Global Liquorice Extract Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Liquorice Extract by Region (2026-2031)
3.3 Global Liquorice Extract Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Liquorice Extract Production Volume by Region (2020-2031)
3.4.1 Global Liquorice Extract Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Liquorice Extract by Region (2026-2031)
3.5 Global Liquorice Extract Market Price Analysis by Region (2020-2025)
3.6 Global Liquorice Extract Production and Value, Year-over-Year Growth
3.6.1 North America Liquorice Extract Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Liquorice Extract Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Liquorice Extract Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Liquorice Extract Production Value Estimates and Forecasts (2020-2031)
4 Liquorice Extract Consumption by Region
4.1 Global Liquorice Extract Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Liquorice Extract Consumption by Region (2020-2031)
4.2.1 Global Liquorice Extract Consumption by Region (2020-2025)
4.2.2 Global Liquorice Extract Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Liquorice Extract Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Liquorice Extract Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Liquorice Extract Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Liquorice Extract Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Liquorice Extract Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Liquorice Extract Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Liquorice Extract Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Liquorice Extract Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Liquorice Extract Production by Type (2020-2031)
5.1.1 Global Liquorice Extract Production by Type (2020-2025)
5.1.2 Global Liquorice Extract Production by Type (2026-2031)
5.1.3 Global Liquorice Extract Production Market Share by Type (2020-2031)
5.2 Global Liquorice Extract Production Value by Type (2020-2031)
5.2.1 Global Liquorice Extract Production Value by Type (2020-2025)
5.2.2 Global Liquorice Extract Production Value by Type (2026-2031)
5.2.3 Global Liquorice Extract Production Value Market Share by Type (2020-2031)
5.3 Global Liquorice Extract Price by Type (2020-2031)
6 Segment by Application
6.1 Global Liquorice Extract Production by Application (2020-2031)
6.1.1 Global Liquorice Extract Production by Application (2020-2025)
6.1.2 Global Liquorice Extract Production by Application (2026-2031)
6.1.3 Global Liquorice Extract Production Market Share by Application (2020-2031)
6.2 Global Liquorice Extract Production Value by Application (2020-2031)
6.2.1 Global Liquorice Extract Production Value by Application (2020-2025)
6.2.2 Global Liquorice Extract Production Value by Application (2026-2031)
6.2.3 Global Liquorice Extract Production Value Market Share by Application (2020-2031)
6.3 Global Liquorice Extract Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Norevo
7.1.1 Norevo Liquorice Extract Company Information
7.1.2 Norevo Liquorice Extract Product Portfolio
7.1.3 Norevo Liquorice Extract Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Norevo Main Business and Markets Served
7.1.5 Norevo Recent Developments/Updates
7.2 Scagro A/S
7.2.1 Scagro A/S Liquorice Extract Company Information
7.2.2 Scagro A/S Liquorice Extract Product Portfolio
7.2.3 Scagro A/S Liquorice Extract Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Scagro A/S Main Business and Markets Served
7.2.5 Scagro A/S Recent Developments/Updates
7.3 SK Bioland
7.3.1 SK Bioland Liquorice Extract Company Information
7.3.2 SK Bioland Liquorice Extract Product Portfolio
7.3.3 SK Bioland Liquorice Extract Production, Value, Price and Gross Margin (2020-2025)
7.3.4 SK Bioland Main Business and Markets Served
7.3.5 SK Bioland Recent Developments/Updates
7.4 Ruitenberg
7.4.1 Ruitenberg Liquorice Extract Company Information
7.4.2 Ruitenberg Liquorice Extract Product Portfolio
7.4.3 Ruitenberg Liquorice Extract Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Ruitenberg Main Business and Markets Served
7.4.5 Ruitenberg Recent Developments/Updates
7.5 Mafco
7.5.1 Mafco Liquorice Extract Company Information
7.5.2 Mafco Liquorice Extract Product Portfolio
7.5.3 Mafco Liquorice Extract Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Mafco Main Business and Markets Served
7.5.5 Mafco Recent Developments/Updates
7.6 Glycyrrhiza Glabra
7.6.1 Glycyrrhiza Glabra Liquorice Extract Company Information
7.6.2 Glycyrrhiza Glabra Liquorice Extract Product Portfolio
7.6.3 Glycyrrhiza Glabra Liquorice Extract Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Glycyrrhiza Glabra Main Business and Markets Served
7.6.5 Glycyrrhiza Glabra Recent Developments/Updates
7.7 Licorice Kazakhstan
7.7.1 Licorice Kazakhstan Liquorice Extract Company Information
7.7.2 Licorice Kazakhstan Liquorice Extract Product Portfolio
7.7.3 Licorice Kazakhstan Liquorice Extract Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Licorice Kazakhstan Main Business and Markets Served
7.7.5 Licorice Kazakhstan Recent Developments/Updates
7.8 Cokey Co
7.8.1 Cokey Co Liquorice Extract Company Information
7.8.2 Cokey Co Liquorice Extract Product Portfolio
7.8.3 Cokey Co Liquorice Extract Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Cokey Co Main Business and Markets Served
7.8.5 Cokey Co Recent Developments/Updates
7.9 Licorice Extract LLC
7.9.1 Licorice Extract LLC Liquorice Extract Company Information
7.9.2 Licorice Extract LLC Liquorice Extract Product Portfolio
7.9.3 Licorice Extract LLC Liquorice Extract Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Licorice Extract LLC Main Business and Markets Served
7.9.5 Licorice Extract LLC Recent Developments/Updates
7.10 Herbochem
7.10.1 Herbochem Liquorice Extract Company Information
7.10.2 Herbochem Liquorice Extract Product Portfolio
7.10.3 Herbochem Liquorice Extract Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Herbochem Main Business and Markets Served
7.10.5 Herbochem Recent Developments/Updates
7.11 Handa Fine Chemicals
7.11.1 Handa Fine Chemicals Liquorice Extract Company Information
7.11.2 Handa Fine Chemicals Liquorice Extract Product Portfolio
7.11.3 Handa Fine Chemicals Liquorice Extract Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Handa Fine Chemicals Main Business and Markets Served
7.11.5 Handa Fine Chemicals Recent Developments/Updates
7.12 Daepyung
7.12.1 Daepyung Liquorice Extract Company Information
7.12.2 Daepyung Liquorice Extract Product Portfolio
7.12.3 Daepyung Liquorice Extract Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Daepyung Main Business and Markets Served
7.12.5 Daepyung Recent Developments/Updates
7.13 Alfarid Corporation Limited
7.13.1 Alfarid Corporation Limited Liquorice Extract Company Information
7.13.2 Alfarid Corporation Limited Liquorice Extract Product Portfolio
7.13.3 Alfarid Corporation Limited Liquorice Extract Production, Value, Price and Gross Margin (2020-2025)
7.13.4 Alfarid Corporation Limited Main Business and Markets Served
7.13.5 Alfarid Corporation Limited Recent Developments/Updates
7.14 ASEH
7.14.1 ASEH Liquorice Extract Company Information
7.14.2 ASEH Liquorice Extract Product Portfolio
7.14.3 ASEH Liquorice Extract Production, Value, Price and Gross Margin (2020-2025)
7.14.4 ASEH Main Business and Markets Served
7.14.5 ASEH Recent Developments/Updates
7.15 Zagros Licorice Co
7.15.1 Zagros Licorice Co Liquorice Extract Company Information
7.15.2 Zagros Licorice Co Liquorice Extract Product Portfolio
7.15.3 Zagros Licorice Co Liquorice Extract Production, Value, Price and Gross Margin (2020-2025)
7.15.4 Zagros Licorice Co Main Business and Markets Served
7.15.5 Zagros Licorice Co Recent Developments/Updates
7.16 Sepidan Osareh Co
7.16.1 Sepidan Osareh Co Liquorice Extract Company Information
7.16.2 Sepidan Osareh Co Liquorice Extract Product Portfolio
7.16.3 Sepidan Osareh Co Liquorice Extract Production, Value, Price and Gross Margin (2020-2025)
7.16.4 Sepidan Osareh Co Main Business and Markets Served
7.16.5 Sepidan Osareh Co Recent Developments/Updates
7.17 F&C Licorice
7.17.1 F&C Licorice Liquorice Extract Company Information
7.17.2 F&C Licorice Liquorice Extract Product Portfolio
7.17.3 F&C Licorice Liquorice Extract Production, Value, Price and Gross Margin (2020-2025)
7.17.4 F&C Licorice Main Business and Markets Served
7.17.5 F&C Licorice Recent Developments/Updates
7.18 Shanxi Huike Plant Development Co
7.18.1 Shanxi Huike Plant Development Co Liquorice Extract Company Information
7.18.2 Shanxi Huike Plant Development Co Liquorice Extract Product Portfolio
7.18.3 Shanxi Huike Plant Development Co Liquorice Extract Production, Value, Price and Gross Margin (2020-2025)
7.18.4 Shanxi Huike Plant Development Co Main Business and Markets Served
7.18.5 Shanxi Huike Plant Development Co Recent Developments/Updates
7.19 Xuancheng Baicao Pharmaceutical Co
7.19.1 Xuancheng Baicao Pharmaceutical Co Liquorice Extract Company Information
7.19.2 Xuancheng Baicao Pharmaceutical Co Liquorice Extract Product Portfolio
7.19.3 Xuancheng Baicao Pharmaceutical Co Liquorice Extract Production, Value, Price and Gross Margin (2020-2025)
7.19.4 Xuancheng Baicao Pharmaceutical Co Main Business and Markets Served
7.19.5 Xuancheng Baicao Pharmaceutical Co Recent Developments/Updates
7.20 Shanxi Tianzhirun
7.20.1 Shanxi Tianzhirun Liquorice Extract Company Information
7.20.2 Shanxi Tianzhirun Liquorice Extract Product Portfolio
7.20.3 Shanxi Tianzhirun Liquorice Extract Production, Value, Price and Gross Margin (2020-2025)
7.20.4 Shanxi Tianzhirun Main Business and Markets Served
7.20.5 Shanxi Tianzhirun Recent Developments/Updates
7.21 Beijing Gingko Group
7.21.1 Beijing Gingko Group Liquorice Extract Company Information
7.21.2 Beijing Gingko Group Liquorice Extract Product Portfolio
7.21.3 Beijing Gingko Group Liquorice Extract Production, Value, Price and Gross Margin (2020-2025)
7.21.4 Beijing Gingko Group Main Business and Markets Served
7.21.5 Beijing Gingko Group Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Liquorice Extract Industry Chain Analysis
8.2 Liquorice Extract Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Liquorice Extract Production Mode & Process Analysis
8.4 Liquorice Extract Sales and Marketing
8.4.1 Liquorice Extract Sales Channels
8.4.2 Liquorice Extract Distributors
8.5 Liquorice Extract Customer Analysis
9 Liquorice Extract Market Dynamics
9.1 Liquorice Extract Industry Trends
9.2 Liquorice Extract Market Drivers
9.3 Liquorice Extract Market Challenges
9.4 Liquorice Extract Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
List of Tables
 Table 1. Global Liquorice Extract Market Value by Type, (US$ Million) & (2024 VS 2031)
 Table 2. Global Liquorice Extract Market Value by Application, (US$ Million) & (2024 VS 2031)
 Table 3. Global Liquorice Extract Production Capacity (MT) by Manufacturers in 2024
 Table 4. Global Liquorice Extract Production by Manufacturers (2020-2025) & (MT)
 Table 5. Global Liquorice Extract Production Market Share by Manufacturers (2020-2025)
 Table 6. Global Liquorice Extract Production Value by Manufacturers (2020-2025) & (US$ Million)
 Table 7. Global Liquorice Extract Production Value Share by Manufacturers (2020-2025)
 Table 8. Global Key Players of Liquorice Extract, Industry Ranking, 2023 VS 2024
 Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Liquorice Extract as of 2024)
 Table 10. Global Market Liquorice Extract Average Price by Manufacturers (USD/Kg) & (2020-2025)
 Table 11. Global Key Manufacturers of Liquorice Extract, Manufacturing Base Distribution and Headquarters
 Table 12. Global Key Manufacturers of Liquorice Extract, Product Offered and Application
 Table 13. Global Key Manufacturers of Liquorice Extract, Date of Enter into This Industry
 Table 14. Global Liquorice Extract Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 15. Mergers & Acquisitions, Expansion Plans
 Table 16. Global Liquorice Extract Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 17. Global Liquorice Extract Production Value (US$ Million) by Region (2020-2025)
 Table 18. Global Liquorice Extract Production Value Market Share by Region (2020-2025)
 Table 19. Global Liquorice Extract Production Value (US$ Million) Forecast by Region (2026-2031)
 Table 20. Global Liquorice Extract Production Value Market Share Forecast by Region (2026-2031)
 Table 21. Global Liquorice Extract Production Comparison by Region: 2020 VS 2024 VS 2031 (MT)
 Table 22. Global Liquorice Extract Production (MT) by Region (2020-2025)
 Table 23. Global Liquorice Extract Production Market Share by Region (2020-2025)
 Table 24. Global Liquorice Extract Production (MT) Forecast by Region (2026-2031)
 Table 25. Global Liquorice Extract Production Market Share Forecast by Region (2026-2031)
 Table 26. Global Liquorice Extract Market Average Price (USD/Kg) by Region (2020-2025)
 Table 27. Global Liquorice Extract Market Average Price (USD/Kg) by Region (2026-2031)
 Table 28. Global Liquorice Extract Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (MT)
 Table 29. Global Liquorice Extract Consumption by Region (2020-2025) & (MT)
 Table 30. Global Liquorice Extract Consumption Market Share by Region (2020-2025)
 Table 31. Global Liquorice Extract Forecasted Consumption by Region (2026-2031) & (MT)
 Table 32. Global Liquorice Extract Forecasted Consumption Market Share by Region (2026-2031)
 Table 33. North America Liquorice Extract Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (MT)
 Table 34. North America Liquorice Extract Consumption by Country (2020-2025) & (MT)
 Table 35. North America Liquorice Extract Consumption by Country (2026-2031) & (MT)
 Table 36. Europe Liquorice Extract Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (MT)
 Table 37. Europe Liquorice Extract Consumption by Country (2020-2025) & (MT)
 Table 38. Europe Liquorice Extract Consumption by Country (2026-2031) & (MT)
 Table 39. Asia Pacific Liquorice Extract Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (MT)
 Table 40. Asia Pacific Liquorice Extract Consumption by Region (2020-2025) & (MT)
 Table 41. Asia Pacific Liquorice Extract Consumption by Region (2026-2031) & (MT)
 Table 42. Latin America, Middle East & Africa Liquorice Extract Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (MT)
 Table 43. Latin America, Middle East & Africa Liquorice Extract Consumption by Country (2020-2025) & (MT)
 Table 44. Latin America, Middle East & Africa Liquorice Extract Consumption by Country (2026-2031) & (MT)
 Table 45. Global Liquorice Extract Production (MT) by Type (2020-2025)
 Table 46. Global Liquorice Extract Production (MT) by Type (2026-2031)
 Table 47. Global Liquorice Extract Production Market Share by Type (2020-2025)
 Table 48. Global Liquorice Extract Production Market Share by Type (2026-2031)
 Table 49. Global Liquorice Extract Production Value (US$ Million) by Type (2020-2025)
 Table 50. Global Liquorice Extract Production Value (US$ Million) by Type (2026-2031)
 Table 51. Global Liquorice Extract Production Value Market Share by Type (2020-2025)
 Table 52. Global Liquorice Extract Production Value Market Share by Type (2026-2031)
 Table 53. Global Liquorice Extract Price (USD/Kg) by Type (2020-2025)
 Table 54. Global Liquorice Extract Price (USD/Kg) by Type (2026-2031)
 Table 55. Global Liquorice Extract Production (MT) by Application (2020-2025)
 Table 56. Global Liquorice Extract Production (MT) by Application (2026-2031)
 Table 57. Global Liquorice Extract Production Market Share by Application (2020-2025)
 Table 58. Global Liquorice Extract Production Market Share by Application (2026-2031)
 Table 59. Global Liquorice Extract Production Value (US$ Million) by Application (2020-2025)
 Table 60. Global Liquorice Extract Production Value (US$ Million) by Application (2026-2031)
 Table 61. Global Liquorice Extract Production Value Market Share by Application (2020-2025)
 Table 62. Global Liquorice Extract Production Value Market Share by Application (2026-2031)
 Table 63. Global Liquorice Extract Price (USD/Kg) by Application (2020-2025)
 Table 64. Global Liquorice Extract Price (USD/Kg) by Application (2026-2031)
 Table 65. Norevo Liquorice Extract Company Information
 Table 66. Norevo Liquorice Extract Specification and Application
 Table 67. Norevo Liquorice Extract Production (MT), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 68. Norevo Main Business and Markets Served
 Table 69. Norevo Recent Developments/Updates
 Table 70. Scagro A/S Liquorice Extract Company Information
 Table 71. Scagro A/S Liquorice Extract Specification and Application
 Table 72. Scagro A/S Liquorice Extract Production (MT), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 73. Scagro A/S Main Business and Markets Served
 Table 74. Scagro A/S Recent Developments/Updates
 Table 75. SK Bioland Liquorice Extract Company Information
 Table 76. SK Bioland Liquorice Extract Specification and Application
 Table 77. SK Bioland Liquorice Extract Production (MT), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 78. SK Bioland Main Business and Markets Served
 Table 79. SK Bioland Recent Developments/Updates
 Table 80. Ruitenberg Liquorice Extract Company Information
 Table 81. Ruitenberg Liquorice Extract Specification and Application
 Table 82. Ruitenberg Liquorice Extract Production (MT), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 83. Ruitenberg Main Business and Markets Served
 Table 84. Ruitenberg Recent Developments/Updates
 Table 85. Mafco Liquorice Extract Company Information
 Table 86. Mafco Liquorice Extract Specification and Application
 Table 87. Mafco Liquorice Extract Production (MT), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 88. Mafco Main Business and Markets Served
 Table 89. Mafco Recent Developments/Updates
 Table 90. Glycyrrhiza Glabra Liquorice Extract Company Information
 Table 91. Glycyrrhiza Glabra Liquorice Extract Specification and Application
 Table 92. Glycyrrhiza Glabra Liquorice Extract Production (MT), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 93. Glycyrrhiza Glabra Main Business and Markets Served
 Table 94. Glycyrrhiza Glabra Recent Developments/Updates
 Table 95. Licorice Kazakhstan Liquorice Extract Company Information
 Table 96. Licorice Kazakhstan Liquorice Extract Specification and Application
 Table 97. Licorice Kazakhstan Liquorice Extract Production (MT), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 98. Licorice Kazakhstan Main Business and Markets Served
 Table 99. Licorice Kazakhstan Recent Developments/Updates
 Table 100. Cokey Co Liquorice Extract Company Information
 Table 101. Cokey Co Liquorice Extract Specification and Application
 Table 102. Cokey Co Liquorice Extract Production (MT), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 103. Cokey Co Main Business and Markets Served
 Table 104. Cokey Co Recent Developments/Updates
 Table 105. Licorice Extract LLC Liquorice Extract Company Information
 Table 106. Licorice Extract LLC Liquorice Extract Specification and Application
 Table 107. Licorice Extract LLC Liquorice Extract Production (MT), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 108. Licorice Extract LLC Main Business and Markets Served
 Table 109. Licorice Extract LLC Recent Developments/Updates
 Table 110. Herbochem Liquorice Extract Company Information
 Table 111. Herbochem Liquorice Extract Specification and Application
 Table 112. Herbochem Liquorice Extract Production (MT), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 113. Herbochem Main Business and Markets Served
 Table 114. Herbochem Recent Developments/Updates
 Table 115. Handa Fine Chemicals Liquorice Extract Company Information
 Table 116. Handa Fine Chemicals Liquorice Extract Specification and Application
 Table 117. Handa Fine Chemicals Liquorice Extract Production (MT), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 118. Handa Fine Chemicals Main Business and Markets Served
 Table 119. Handa Fine Chemicals Recent Developments/Updates
 Table 120. Daepyung Liquorice Extract Company Information
 Table 121. Daepyung Liquorice Extract Specification and Application
 Table 122. Daepyung Liquorice Extract Production (MT), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 123. Daepyung Main Business and Markets Served
 Table 124. Daepyung Recent Developments/Updates
 Table 125. Alfarid Corporation Limited Liquorice Extract Company Information
 Table 126. Alfarid Corporation Limited Liquorice Extract Specification and Application
 Table 127. Alfarid Corporation Limited Liquorice Extract Production (MT), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 128. Alfarid Corporation Limited Main Business and Markets Served
 Table 129. Alfarid Corporation Limited Recent Developments/Updates
 Table 130. ASEH Liquorice Extract Company Information
 Table 131. ASEH Liquorice Extract Specification and Application
 Table 132. ASEH Liquorice Extract Production (MT), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 133. ASEH Main Business and Markets Served
 Table 134. ASEH Recent Developments/Updates
 Table 135. Zagros Licorice Co Liquorice Extract Company Information
 Table 136. Zagros Licorice Co Liquorice Extract Specification and Application
 Table 137. Zagros Licorice Co Liquorice Extract Production (MT), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 138. Zagros Licorice Co Main Business and Markets Served
 Table 139. Zagros Licorice Co Recent Developments/Updates
 Table 140. Sepidan Osareh Co Liquorice Extract Company Information
 Table 141. Sepidan Osareh Co Liquorice Extract Specification and Application
 Table 142. Sepidan Osareh Co Liquorice Extract Production (MT), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 143. Sepidan Osareh Co Main Business and Markets Served
 Table 144. Sepidan Osareh Co Recent Developments/Updates
 Table 145. F&C Licorice Liquorice Extract Company Information
 Table 146. F&C Licorice Liquorice Extract Specification and Application
 Table 147. F&C Licorice Liquorice Extract Production (MT), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 148. F&C Licorice Main Business and Markets Served
 Table 149. F&C Licorice Recent Developments/Updates
 Table 150. Shanxi Huike Plant Development Co Liquorice Extract Company Information
 Table 151. Shanxi Huike Plant Development Co Liquorice Extract Specification and Application
 Table 152. Shanxi Huike Plant Development Co Liquorice Extract Production (MT), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 153. Shanxi Huike Plant Development Co Main Business and Markets Served
 Table 154. Shanxi Huike Plant Development Co Recent Developments/Updates
 Table 155. Xuancheng Baicao Pharmaceutical Co Liquorice Extract Company Information
 Table 156. Xuancheng Baicao Pharmaceutical Co Liquorice Extract Specification and Application
 Table 157. Xuancheng Baicao Pharmaceutical Co Liquorice Extract Production (MT), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 158. Xuancheng Baicao Pharmaceutical Co Main Business and Markets Served
 Table 159. Xuancheng Baicao Pharmaceutical Co Recent Developments/Updates
 Table 160. Shanxi Tianzhirun Liquorice Extract Company Information
 Table 161. Shanxi Tianzhirun Liquorice Extract Specification and Application
 Table 162. Shanxi Tianzhirun Liquorice Extract Production (MT), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 163. Shanxi Tianzhirun Main Business and Markets Served
 Table 164. Shanxi Tianzhirun Recent Developments/Updates
 Table 165. Beijing Gingko Group Liquorice Extract Company Information
 Table 166. Beijing Gingko Group Liquorice Extract Specification and Application
 Table 167. Beijing Gingko Group Liquorice Extract Production (MT), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 168. Beijing Gingko Group Main Business and Markets Served
 Table 169. Beijing Gingko Group Recent Developments/Updates
 Table 170. Key Raw Materials Lists
 Table 171. Raw Materials Key Suppliers Lists
 Table 172. Liquorice Extract Distributors List
 Table 173. Liquorice Extract Customers List
 Table 174. Liquorice Extract Market Trends
 Table 175. Liquorice Extract Market Drivers
 Table 176. Liquorice Extract Market Challenges
 Table 177. Liquorice Extract Market Restraints
 Table 178. Research Programs/Design for This Report
 Table 179. Key Data Information from Secondary Sources
 Table 180. Key Data Information from Primary Sources
 Table 181. Authors List of This Report


List of Figures
 Figure 1. Product Picture of Liquorice Extract
 Figure 2. Global Liquorice Extract Market Value by Type, (US$ Million) & (2020-2031)
 Figure 3. Global Liquorice Extract Market Share by Type: 2024 VS 2031
 Figure 4. Pharmaceutical Grade Product Picture
 Figure 5. Food Grade Product Picture
 Figure 6. Feed Grade Product Picture
 Figure 7. Global Liquorice Extract Market Value by Application, (US$ Million) & (2020-2031)
 Figure 8. Global Liquorice Extract Market Share by Application: 2024 VS 2031
 Figure 9. Pharmaceutical Industry
 Figure 10. Food Industry
 Figure 11. Cosmetic Industry
 Figure 12. Feed Industry
 Figure 13. Others
 Figure 14. Global Liquorice Extract Production Value (US$ Million), 2020 VS 2024 VS 2031
 Figure 15. Global Liquorice Extract Production Value (US$ Million) & (2020-2031)
 Figure 16. Global Liquorice Extract Production Capacity (MT) & (2020-2031)
 Figure 17. Global Liquorice Extract Production (MT) & (2020-2031)
 Figure 18. Global Liquorice Extract Average Price (USD/Kg) & (2020-2031)
 Figure 19. Liquorice Extract Report Years Considered
 Figure 20. Liquorice Extract Production Share by Manufacturers in 2024
 Figure 21. Global Liquorice Extract Production Value Share by Manufacturers (2024)
 Figure 22. Liquorice Extract Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 23. The Global 5 and 10 Largest Players: Market Share by Liquorice Extract Revenue in 2024
 Figure 24. Global Liquorice Extract Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Figure 25. Global Liquorice Extract Production Value Market Share by Region: 2020 VS 2024 VS 2031
 Figure 26. Global Liquorice Extract Production Comparison by Region: 2020 VS 2024 VS 2031 (MT)
 Figure 27. Global Liquorice Extract Production Market Share by Region: 2020 VS 2024 VS 2031
 Figure 28. North America Liquorice Extract Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 29. Europe Liquorice Extract Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 30. China Liquorice Extract Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 31. Japan Liquorice Extract Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 32. Global Liquorice Extract Consumption by Region: 2020 VS 2024 VS 2031 (MT)
 Figure 33. Global Liquorice Extract Consumption Market Share by Region: 2020 VS 2024 VS 2031
 Figure 34. North America Liquorice Extract Consumption and Growth Rate (2020-2031) & (MT)
 Figure 35. North America Liquorice Extract Consumption Market Share by Country (2020-2031)
 Figure 36. U.S. Liquorice Extract Consumption and Growth Rate (2020-2031) & (MT)
 Figure 37. Canada Liquorice Extract Consumption and Growth Rate (2020-2031) & (MT)
 Figure 38. Europe Liquorice Extract Consumption and Growth Rate (2020-2031) & (MT)
 Figure 39. Europe Liquorice Extract Consumption Market Share by Country (2020-2031)
 Figure 40. Germany Liquorice Extract Consumption and Growth Rate (2020-2031) & (MT)
 Figure 41. France Liquorice Extract Consumption and Growth Rate (2020-2031) & (MT)
 Figure 42. U.K. Liquorice Extract Consumption and Growth Rate (2020-2031) & (MT)
 Figure 43. Italy Liquorice Extract Consumption and Growth Rate (2020-2031) & (MT)
 Figure 44. Russia Liquorice Extract Consumption and Growth Rate (2020-2031) & (MT)
 Figure 45. Asia Pacific Liquorice Extract Consumption and Growth Rate (2020-2031) & (MT)
 Figure 46. Asia Pacific Liquorice Extract Consumption Market Share by Region (2020-2031)
 Figure 47. China Liquorice Extract Consumption and Growth Rate (2020-2031) & (MT)
 Figure 48. Japan Liquorice Extract Consumption and Growth Rate (2020-2031) & (MT)
 Figure 49. South Korea Liquorice Extract Consumption and Growth Rate (2020-2031) & (MT)
 Figure 50. China Taiwan Liquorice Extract Consumption and Growth Rate (2020-2031) & (MT)
 Figure 51. Southeast Asia Liquorice Extract Consumption and Growth Rate (2020-2031) & (MT)
 Figure 52. India Liquorice Extract Consumption and Growth Rate (2020-2031) & (MT)
 Figure 53. Latin America, Middle East & Africa Liquorice Extract Consumption and Growth Rate (2020-2031) & (MT)
 Figure 54. Latin America, Middle East & Africa Liquorice Extract Consumption Market Share by Country (2020-2031)
 Figure 55. Mexico Liquorice Extract Consumption and Growth Rate (2020-2031) & (MT)
 Figure 56. Brazil Liquorice Extract Consumption and Growth Rate (2020-2031) & (MT)
 Figure 57. Turkey Liquorice Extract Consumption and Growth Rate (2020-2031) & (MT)
 Figure 58. GCC Countries Liquorice Extract Consumption and Growth Rate (2020-2031) & (MT)
 Figure 59. Global Production Market Share of Liquorice Extract by Type (2020-2031)
 Figure 60. Global Production Value Market Share of Liquorice Extract by Type (2020-2031)
 Figure 61. Global Liquorice Extract Price (USD/Kg) by Type (2020-2031)
 Figure 62. Global Production Market Share of Liquorice Extract by Application (2020-2031)
 Figure 63. Global Production Value Market Share of Liquorice Extract by Application (2020-2031)
 Figure 64. Global Liquorice Extract Price (USD/Kg) by Application (2020-2031)
 Figure 65. Liquorice Extract Value Chain
 Figure 66. Channels of Distribution (Direct Vs Distribution)
 Figure 67. Bottom-up and Top-down Approaches for This Report
 Figure 68. Data Triangulation
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