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Global Pharmaceutical Grade Licorice Extract Market Research Report 2026
Published Date: 2026-06-09
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Report Code: QYRE-Auto-26U13723
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Global Pharmaceutical Grade Licorice Extract Market Research Report 2023
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Global Pharmaceutical Grade Licorice Extract Market Research Report 2026

Code: QYRE-Auto-26U13723
Report
2026-06-09
Pages:132
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

Pharmaceutical Grade Licorice Extract Market Size

The global Pharmaceutical Grade Licorice Extract market was valued at US$ 244 million in 2025 and is anticipated to reach US$ 288 million by 2032, at a CAGR of 2.4% from 2026 to 2032.

Pharmaceutical Grade Licorice Extract Market

Pharmaceutical Grade Licorice Extract Market

The 2025 U.S. tariff policies introduce profound uncertainty into the global economic landscape. This report critically examines the implications of recent tariff adjustments and international strategic countermeasures on Pharmaceutical Grade Licorice Extract competitive dynamics, regional economic interdependencies, and supply chain reconfigurations.
Pharmaceutical Grade Licorice Extract is a concentrated form of licorice root extract that meets high-quality standards and purity requirements suitable for pharmaceutical and medicinal applications. Licorice (Glycyrrhiza glabra) is a plant known for its sweet-tasting roots, which contain bioactive compounds that have been used for various therapeutic purposes. Pharmaceutical grade licorice extract is carefully processed to ensure it is free from contaminants and consistent in its composition.
The global pharmaceutical market is 1475 billion USD in 2022, growing at a CAGR of 5% during the next six years. The pharmaceutical market includes chemical drugs and biological drugs. For biologics is expected to 381 billion USD in 2022. In comparison, the chemical drug market is estimated to increase from 1005 billion in 2018 to 1094 billion U.S. dollars in 2022. The pharmaceutical market factors such as increasing demand for healthcare, technological advancements, and the rising prevalence of chronic diseases, increase in funding from private & government organizations for development of pharmaceutical manufacturing segments and rise in R&D activities for drugs. However, the industry also faces challenges such as stringent regulations, high costs of research and development, and patent expirations. Companies need to continuously innovate and adapt to these challenges to stay competitive in the market and ensure their products reach patients in need. Additionally, the COVID-19 pandemic has highlighted the importance of vaccine development and supply chain management, further emphasizing the need for pharmaceutical companies to be agile and responsive to emerging public health needs.
This report delivers a comprehensive overview of the global Pharmaceutical Grade Licorice Extract market, with both quantitative and qualitative analyses, to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current market, and make informed business decisions regarding Pharmaceutical Grade Licorice Extract. The Pharmaceutical Grade Licorice Extract market size, estimates, and forecasts are provided in terms of output/shipments (Tons) and revenue (US$ millions), with 2025 as the base year and historical and forecast data for 2021–2032.
The report segments the global Pharmaceutical Grade Licorice Extract market comprehensively. Regional market sizes by Type, by Application, , and by company are also provided. For deeper insight, the report profiles the competitive landscape, key competitors, and their respective market rankings, and discusses technological trends and new product developments.
This report will assist Pharmaceutical Grade Licorice Extract manufacturers, new entrants, and companies across the industry value chain with information on revenues, production, and average prices for the overall market and its sub-segments, by company, by Type, by Application, and by region.
Market Segmentation

Scope of Pharmaceutical Grade Licorice Extract Market Report

Report Metric Details
Report Name Pharmaceutical Grade Licorice Extract Market
Accounted market size in 2025 US$ 244 million
Forecasted market size in 2032 US$ 288 million
CAGR 2.4%
Base Year 2025
Forecasted years 2026 - 2032
Segment by Type
  • Liquid
  • Solid
by Application
  • Indigestion
  • Bronchitis
  • Liver and Adrenal
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 Magnasweet, Zagros Licorice, Sepidan Osareh, F&C Licorice, Norevo GmbH, Ransom Naturals, Maruzen Pharmaceuticals, Aushadhi Herbal, Avestia Pharma, VPL Chemicals
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Defines the scope of the report and presents an executive summary of market segments (by Type, by Application, , etc.), including the size of each segment and its future growth potential. It offers a high-level view of the current market and its likely evolution in the short, medium, and long term.
  • Chapter 2: Provides a detailed analysis of the competitive landscape for Pharmaceutical Grade Licorice Extract manufacturers, including prices, production, value-based market shares, latest development plans, and information on mergers and acquisitions.
  • Chapter 3: Examines Pharmaceutical Grade Licorice Extract production/output and value by region and country, providing a quantitative assessment of market size and growth potential for each region over the next six years.
  • Chapter 4: Analyzes Pharmaceutical Grade Licorice Extract consumption at the regional and country levels. It quantifies market size and growth potential for each region and its key countries, and outlines market development, outlook, addressable space, and national production.
  • Chapter 5: Analyzes market segments by Type, covering the size and growth potential of each segment to help readers identify “blue ocean” opportunities.
  • Chapter 6: Analyzes market segments by Application, covering the size and growth potential of each segment to help readers identify “blue ocean” opportunities in downstream markets.
  • Chapter 7: Profiles key players, detailing the fundamentals of major companies, including product production/output, value, price, gross margin, product portfolio/introductions, and recent developments.
  • Chapter 8: Reviews the industry value chain, including upstream and downstream segments.
  • Chapter 9: Discusses market dynamics and recent developments, including drivers, restraints, challenges and risks for manufacturers, U.S. Tariffs and relevant policy analysis.
  • Chapter 10: Summarizes the key findings and conclusions of the report.

FAQ for this report

How fast is Pharmaceutical Grade Licorice Extract Market growing?

Ans: The Pharmaceutical Grade Licorice Extract Market witnessing a CAGR of 2.4% during the forecast period 2026-2032.

What is the Pharmaceutical Grade Licorice Extract Market size in 2032?

Ans: The Pharmaceutical Grade Licorice Extract Market size in 2032 will be US$ 288 million.

Who are the main players in the Pharmaceutical Grade Licorice Extract Market report?

Ans: The main players in the Pharmaceutical Grade Licorice Extract Market are Magnasweet, Zagros Licorice, Sepidan Osareh, F&C Licorice, Norevo GmbH, Ransom Naturals, Maruzen Pharmaceuticals, Aushadhi Herbal, Avestia Pharma, VPL Chemicals

What are the Application segmentation covered in the Pharmaceutical Grade Licorice Extract Market report?

Ans: The Applications covered in the Pharmaceutical Grade Licorice Extract Market report are Indigestion, Bronchitis, Liver and Adrenal

What are the Type segmentation covered in the Pharmaceutical Grade Licorice Extract Market report?

Ans: The Types covered in the Pharmaceutical Grade Licorice Extract Market report are Liquid, Solid

1 Pharmaceutical Grade Licorice Extract Market Overview
1.1 Product Definition
1.2 Pharmaceutical Grade Licorice Extract by Type
1.2.1 Global Pharmaceutical Grade Licorice Extract Market Value Growth Rate Analysis by Type: 2025 vs 2032
1.2.2 Liquid
1.2.3 Solid
1.3 Pharmaceutical Grade Licorice Extract by Application
1.3.1 Global Pharmaceutical Grade Licorice Extract Market Value Growth Rate Analysis by Application: 2025 vs 2032
1.3.2 Indigestion
1.3.3 Bronchitis
1.3.4 Liver and Adrenal
1.4 Global Market Growth Prospects
1.4.1 Global Pharmaceutical Grade Licorice Extract Production Value Estimates and Forecasts (2021–2032)
1.4.2 Global Pharmaceutical Grade Licorice Extract Production Capacity Estimates and Forecasts (2021–2032)
1.4.3 Global Pharmaceutical Grade Licorice Extract Production Estimates and Forecasts (2021–2032)
1.4.4 Global Pharmaceutical Grade Licorice Extract Market Average Price Estimates and Forecasts (2021–2032)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Pharmaceutical Grade Licorice Extract Production Market Share by Manufacturers (2021–2026)
2.2 Global Pharmaceutical Grade Licorice Extract Production Value Market Share by Manufacturers (2021–2026)
2.3 Global Key Players of Pharmaceutical Grade Licorice Extract, Industry Ranking, 2024 vs 2025
2.4 Global Pharmaceutical Grade Licorice Extract Market Share by Company Tier (Tier 1, Tier 2, Tier 3)
2.5 Global Pharmaceutical Grade Licorice Extract Average Price by Manufacturers (2021–2026)
2.6 Global Key Manufacturers of Pharmaceutical Grade Licorice Extract, Manufacturing Footprints and Headquarters
2.7 Global Key Manufacturers of Pharmaceutical Grade Licorice Extract, Product Offerings and Applications
2.8 Global Key Manufacturers of Pharmaceutical Grade Licorice Extract, Date of Entry into the Industry
2.9 Pharmaceutical Grade Licorice Extract Market Competitive Situation and Trends
2.9.1 Pharmaceutical Grade Licorice Extract Market Concentration Rate
2.9.2 Top 5 and Top 10 Global Pharmaceutical Grade Licorice Extract Players Market Share by Revenue
2.10 Mergers & Acquisitions and Expansion
3 Pharmaceutical Grade Licorice Extract Production by Region
3.1 Global Pharmaceutical Grade Licorice Extract Production Value Estimates and Forecasts by Region: 2021 vs 2025 vs 2032
3.2 Global Pharmaceutical Grade Licorice Extract Production Value by Region (2021–2032)
3.2.1 Global Pharmaceutical Grade Licorice Extract Production Value by Region (2021–2026)
3.2.2 Global Forecasted Production Value of Pharmaceutical Grade Licorice Extract by Region (2027–2032)
3.3 Global Pharmaceutical Grade Licorice Extract Production Estimates and Forecasts by Region: 2021 vs 2025 vs 2032
3.4 Global Pharmaceutical Grade Licorice Extract Production Volume by Region (2021–2032)
3.4.1 Global Pharmaceutical Grade Licorice Extract Production by Region (2021–2026)
3.4.2 Global Forecasted Production of Pharmaceutical Grade Licorice Extract by Region (2027–2032)
3.5 Global Pharmaceutical Grade Licorice Extract Market Price Analysis by Region (2021–2026)
3.6 Global Pharmaceutical Grade Licorice Extract Production, Value, and Year-over-Year Growth
3.6.1 North America Pharmaceutical Grade Licorice Extract Production Value Estimates and Forecasts (2021–2032)
3.6.2 Europe Pharmaceutical Grade Licorice Extract Production Value Estimates and Forecasts (2021–2032)
3.6.3 China Pharmaceutical Grade Licorice Extract Production Value Estimates and Forecasts (2021–2032)
3.6.4 Japan Pharmaceutical Grade Licorice Extract Production Value Estimates and Forecasts (2021–2032)
4 Pharmaceutical Grade Licorice Extract Consumption by Region
4.1 Global Pharmaceutical Grade Licorice Extract Consumption Estimates and Forecasts by Region: 2021 vs 2025 vs 2032
4.2 Global Pharmaceutical Grade Licorice Extract Consumption by Region (2021–2032)
4.2.1 Global Pharmaceutical Grade Licorice Extract Consumption by Region (2021–2026)
4.2.2 Global Pharmaceutical Grade Licorice Extract Forecasted Consumption by Region (2027–2032)
4.3 North America
4.3.1 North America Pharmaceutical Grade Licorice Extract Consumption Growth Rate by Country: 2021 vs 2025 vs 2032
4.3.2 North America Pharmaceutical Grade Licorice Extract Consumption by Country (2021–2032)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Pharmaceutical Grade Licorice Extract Consumption Growth Rate by Country: 2021 vs 2025 vs 2032
4.4.2 Europe Pharmaceutical Grade Licorice Extract Consumption by Country (2021–2032)
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 Pharmaceutical Grade Licorice Extract Consumption Growth Rate by Region: 2021 vs 2025 vs 2032
4.5.2 Asia Pacific Pharmaceutical Grade Licorice Extract Consumption by Region (2021–2032)
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 Pharmaceutical Grade Licorice Extract Consumption Growth Rate by Country: 2021 vs 2025 vs 2032
4.6.2 Latin America, Middle East & Africa Pharmaceutical Grade Licorice Extract Consumption by Country (2021–2032)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Pharmaceutical Grade Licorice Extract Production by Type (2021–2032)
5.1.1 Global Pharmaceutical Grade Licorice Extract Production by Type (2021–2026)
5.1.2 Global Pharmaceutical Grade Licorice Extract Production by Type (2027–2032)
5.1.3 Global Pharmaceutical Grade Licorice Extract Production Market Share by Type (2021–2032)
5.2 Global Pharmaceutical Grade Licorice Extract Production Value by Type (2021–2032)
5.2.1 Global Pharmaceutical Grade Licorice Extract Production Value by Type (2021–2026)
5.2.2 Global Pharmaceutical Grade Licorice Extract Production Value by Type (2027–2032)
5.2.3 Global Pharmaceutical Grade Licorice Extract Production Value Market Share by Type (2021–2032)
5.3 Global Pharmaceutical Grade Licorice Extract Price by Type (2021–2032)
6 Segment by Application
6.1 Global Pharmaceutical Grade Licorice Extract Production by Application (2021–2032)
6.1.1 Global Pharmaceutical Grade Licorice Extract Production by Application (2021–2026)
6.1.2 Global Pharmaceutical Grade Licorice Extract Production by Application (2027–2032)
6.1.3 Global Pharmaceutical Grade Licorice Extract Production Market Share by Application (2021–2032)
6.2 Global Pharmaceutical Grade Licorice Extract Production Value by Application (2021–2032)
6.2.1 Global Pharmaceutical Grade Licorice Extract Production Value by Application (2021–2026)
6.2.2 Global Pharmaceutical Grade Licorice Extract Production Value by Application (2027–2032)
6.2.3 Global Pharmaceutical Grade Licorice Extract Production Value Market Share by Application (2021–2032)
6.3 Global Pharmaceutical Grade Licorice Extract Price by Application (2021–2032)
7 Key Companies Profiled
7.1 Magnasweet
7.1.1 Magnasweet Pharmaceutical Grade Licorice Extract Company Information
7.1.2 Magnasweet Pharmaceutical Grade Licorice Extract Product Portfolio
7.1.3 Magnasweet Pharmaceutical Grade Licorice Extract Production, Value, Price, and Gross Margin (2021–2026)
7.1.4 Magnasweet Main Business and Markets Served
7.1.5 Magnasweet Recent Developments/Updates
7.2 Zagros Licorice
7.2.1 Zagros Licorice Pharmaceutical Grade Licorice Extract Company Information
7.2.2 Zagros Licorice Pharmaceutical Grade Licorice Extract Product Portfolio
7.2.3 Zagros Licorice Pharmaceutical Grade Licorice Extract Production, Value, Price, and Gross Margin (2021–2026)
7.2.4 Zagros Licorice Main Business and Markets Served
7.2.5 Zagros Licorice Recent Developments/Updates
7.3 Sepidan Osareh
7.3.1 Sepidan Osareh Pharmaceutical Grade Licorice Extract Company Information
7.3.2 Sepidan Osareh Pharmaceutical Grade Licorice Extract Product Portfolio
7.3.3 Sepidan Osareh Pharmaceutical Grade Licorice Extract Production, Value, Price, and Gross Margin (2021–2026)
7.3.4 Sepidan Osareh Main Business and Markets Served
7.3.5 Sepidan Osareh Recent Developments/Updates
7.4 F&C Licorice
7.4.1 F&C Licorice Pharmaceutical Grade Licorice Extract Company Information
7.4.2 F&C Licorice Pharmaceutical Grade Licorice Extract Product Portfolio
7.4.3 F&C Licorice Pharmaceutical Grade Licorice Extract Production, Value, Price, and Gross Margin (2021–2026)
7.4.4 F&C Licorice Main Business and Markets Served
7.4.5 F&C Licorice Recent Developments/Updates
7.5 Norevo GmbH
7.5.1 Norevo GmbH Pharmaceutical Grade Licorice Extract Company Information
7.5.2 Norevo GmbH Pharmaceutical Grade Licorice Extract Product Portfolio
7.5.3 Norevo GmbH Pharmaceutical Grade Licorice Extract Production, Value, Price, and Gross Margin (2021–2026)
7.5.4 Norevo GmbH Main Business and Markets Served
7.5.5 Norevo GmbH Recent Developments/Updates
7.6 Ransom Naturals
7.6.1 Ransom Naturals Pharmaceutical Grade Licorice Extract Company Information
7.6.2 Ransom Naturals Pharmaceutical Grade Licorice Extract Product Portfolio
7.6.3 Ransom Naturals Pharmaceutical Grade Licorice Extract Production, Value, Price, and Gross Margin (2021–2026)
7.6.4 Ransom Naturals Main Business and Markets Served
7.6.5 Ransom Naturals Recent Developments/Updates
7.7 Maruzen Pharmaceuticals
7.7.1 Maruzen Pharmaceuticals Pharmaceutical Grade Licorice Extract Company Information
7.7.2 Maruzen Pharmaceuticals Pharmaceutical Grade Licorice Extract Product Portfolio
7.7.3 Maruzen Pharmaceuticals Pharmaceutical Grade Licorice Extract Production, Value, Price, and Gross Margin (2021–2026)
7.7.4 Maruzen Pharmaceuticals Main Business and Markets Served
7.7.5 Maruzen Pharmaceuticals Recent Developments/Updates
7.8 Aushadhi Herbal
7.8.1 Aushadhi Herbal Pharmaceutical Grade Licorice Extract Company Information
7.8.2 Aushadhi Herbal Pharmaceutical Grade Licorice Extract Product Portfolio
7.8.3 Aushadhi Herbal Pharmaceutical Grade Licorice Extract Production, Value, Price, and Gross Margin (2021–2026)
7.8.4 Aushadhi Herbal Main Business and Markets Served
7.8.5 Aushadhi Herbal Recent Developments/Updates
7.9 Avestia Pharma
7.9.1 Avestia Pharma Pharmaceutical Grade Licorice Extract Company Information
7.9.2 Avestia Pharma Pharmaceutical Grade Licorice Extract Product Portfolio
7.9.3 Avestia Pharma Pharmaceutical Grade Licorice Extract Production, Value, Price, and Gross Margin (2021–2026)
7.9.4 Avestia Pharma Main Business and Markets Served
7.9.5 Avestia Pharma Recent Developments/Updates
7.10 VPL Chemicals
7.10.1 VPL Chemicals Pharmaceutical Grade Licorice Extract Company Information
7.10.2 VPL Chemicals Pharmaceutical Grade Licorice Extract Product Portfolio
7.10.3 VPL Chemicals Pharmaceutical Grade Licorice Extract Production, Value, Price, and Gross Margin (2021–2026)
7.10.4 VPL Chemicals Main Business and Markets Served
7.10.5 VPL Chemicals Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Pharmaceutical Grade Licorice Extract Industry Chain Analysis
8.2 Pharmaceutical Grade Licorice Extract Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Pharmaceutical Grade Licorice Extract Production Modes and Processes
8.4 Pharmaceutical Grade Licorice Extract Sales and Marketing
8.4.1 Pharmaceutical Grade Licorice Extract Sales Channels
8.4.2 Pharmaceutical Grade Licorice Extract Distributors
8.5 Pharmaceutical Grade Licorice Extract Customer Analysis
9 Pharmaceutical Grade Licorice Extract Market Dynamics
9.1 Pharmaceutical Grade Licorice Extract Industry Trends
9.2 Pharmaceutical Grade Licorice Extract Market Drivers
9.3 Pharmaceutical Grade Licorice Extract Market Challenges
9.4 Pharmaceutical Grade Licorice Extract Market Restraints
9.5 Impact of U.S. Tariffs
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 Pharmaceutical Grade Licorice Extract Market Value by Type (US$ Million), 2025 vs 2032
 Table 2. Global Pharmaceutical Grade Licorice Extract Market Value by Application (US$ Million), 2025 vs 2032
 Table 3. Global Pharmaceutical Grade Licorice Extract Production Capacity (Tons) by Manufacturers in 2025
 Table 4. Global Pharmaceutical Grade Licorice Extract Production by Manufacturers (Tons), 2021–2026
 Table 5. Global Pharmaceutical Grade Licorice Extract Production Market Share by Manufacturers (2021–2026)
 Table 6. Global Pharmaceutical Grade Licorice Extract Production Value by Manufacturers (US$ Million), 2021–2026
 Table 7. Global Pharmaceutical Grade Licorice Extract Production Value Share by Manufacturers (2021–2026)
 Table 8. Global Key Players of Pharmaceutical Grade Licorice Extract, Industry Ranking, 2024 vs 2025
 Table 9. Classification of Companies by Tier (Tier 1, Tier 2, Tier 3), based on Pharmaceutical Grade Licorice Extract Production Value, 2025
 Table 10. Global Market Pharmaceutical Grade Licorice Extract Average Price by Manufacturers (US$/Ton), 2021–2026
 Table 11. Global Key Manufacturers of Pharmaceutical Grade Licorice Extract, Manufacturing Footprints and Headquarters
 Table 12. Global Key Manufacturers of Pharmaceutical Grade Licorice Extract, Product Offerings and Applications
 Table 13. Global Key Manufacturers of Pharmaceutical Grade Licorice Extract, Date of Entry into the Industry
 Table 14. Global Pharmaceutical Grade Licorice Extract Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 15. Mergers & Acquisitions and Expansion Plans
 Table 16. Global Pharmaceutical Grade Licorice Extract Production Value by Region: 2021 vs 2025 vs 2032 (US$ Million)
 Table 17. Global Pharmaceutical Grade Licorice Extract Production Value (US$ Million) by Region (2021–2026)
 Table 18. Global Pharmaceutical Grade Licorice Extract Production Value Market Share by Region (2021–2026)
 Table 19. Global Pharmaceutical Grade Licorice Extract Production Value (US$ Million) Forecast by Region (2027–2032)
 Table 20. Global Pharmaceutical Grade Licorice Extract Production Value Market Share Forecast by Region (2027–2032)
 Table 21. Global Pharmaceutical Grade Licorice Extract Production Comparison by Region: 2021 vs 2025 vs 2032 (Tons)
 Table 22. Global Pharmaceutical Grade Licorice Extract Production (Tons) by Region (2021–2026)
 Table 23. Global Pharmaceutical Grade Licorice Extract Production Market Share by Region (2021–2026)
 Table 24. Global Pharmaceutical Grade Licorice Extract Production (Tons) Forecast by Region (2027–2032)
 Table 25. Global Pharmaceutical Grade Licorice Extract Production Market Share Forecast by Region (2027–2032)
 Table 26. Global Pharmaceutical Grade Licorice Extract Market Average Price (US$/Ton) by Region (2021–2026)
 Table 27. Global Pharmaceutical Grade Licorice Extract Market Average Price (US$/Ton) by Region (2027–2032)
 Table 28. Global Pharmaceutical Grade Licorice Extract Consumption Growth Rate by Region: 2021 vs 2025 vs 2032 (Tons)
 Table 29. Global Pharmaceutical Grade Licorice Extract Consumption by Region (Tons), 2021–2026
 Table 30. Global Pharmaceutical Grade Licorice Extract Consumption Market Share by Region (2021–2026)
 Table 31. Global Pharmaceutical Grade Licorice Extract Forecasted Consumption by Region (Tons), 2027–2032
 Table 32. Global Pharmaceutical Grade Licorice Extract Forecasted Consumption Market Share by Region (2027–2032)
 Table 33. North America Pharmaceutical Grade Licorice Extract Consumption Growth Rate by Country: 2021 vs 2025 vs 2032 (Tons)
 Table 34. North America Pharmaceutical Grade Licorice Extract Consumption by Country (Tons), 2021–2026
 Table 35. North America Pharmaceutical Grade Licorice Extract Consumption by Country (Tons), 2027–2032
 Table 36. Europe Pharmaceutical Grade Licorice Extract Consumption Growth Rate by Country: 2021 vs 2025 vs 2032 (Tons)
 Table 37. Europe Pharmaceutical Grade Licorice Extract Consumption by Country (Tons), 2021–2026
 Table 38. Europe Pharmaceutical Grade Licorice Extract Consumption by Country (Tons), 2027–2032
 Table 39. Asia Pacific Pharmaceutical Grade Licorice Extract Consumption Growth Rate by Region: 2021 vs 2025 vs 2032 (Tons)
 Table 40. Asia Pacific Pharmaceutical Grade Licorice Extract Consumption by Region (Tons), 2021–2026
 Table 41. Asia Pacific Pharmaceutical Grade Licorice Extract Consumption by Region (Tons), 2027–2032
 Table 42. Latin America, Middle East & Africa Pharmaceutical Grade Licorice Extract Consumption Growth Rate by Country: 2021 vs 2025 vs 2032 (Tons)
 Table 43. Latin America, Middle East & Africa Pharmaceutical Grade Licorice Extract Consumption by Country (Tons), 2021–2026
 Table 44. Latin America, Middle East & Africa Pharmaceutical Grade Licorice Extract Consumption by Country (Tons), 2027–2032
 Table 45. Global Pharmaceutical Grade Licorice Extract Production (Tons) by Type (2021–2026)
 Table 46. Global Pharmaceutical Grade Licorice Extract Production (Tons) by Type (2027–2032)
 Table 47. Global Pharmaceutical Grade Licorice Extract Production Market Share by Type (2021–2026)
 Table 48. Global Pharmaceutical Grade Licorice Extract Production Market Share by Type (2027–2032)
 Table 49. Global Pharmaceutical Grade Licorice Extract Production Value (US$ Million) by Type (2021–2026)
 Table 50. Global Pharmaceutical Grade Licorice Extract Production Value (US$ Million) by Type (2027–2032)
 Table 51. Global Pharmaceutical Grade Licorice Extract Production Value Market Share by Type (2021–2026)
 Table 52. Global Pharmaceutical Grade Licorice Extract Production Value Market Share by Type (2027–2032)
 Table 53. Global Pharmaceutical Grade Licorice Extract Price (US$/Ton) by Type (2021–2026)
 Table 54. Global Pharmaceutical Grade Licorice Extract Price (US$/Ton) by Type (2027–2032)
 Table 55. Global Pharmaceutical Grade Licorice Extract Production (Tons) by Application (2021–2026)
 Table 56. Global Pharmaceutical Grade Licorice Extract Production (Tons) by Application (2027–2032)
 Table 57. Global Pharmaceutical Grade Licorice Extract Production Market Share by Application (2021–2026)
 Table 58. Global Pharmaceutical Grade Licorice Extract Production Market Share by Application (2027–2032)
 Table 59. Global Pharmaceutical Grade Licorice Extract Production Value (US$ Million) by Application (2021–2026)
 Table 60. Global Pharmaceutical Grade Licorice Extract Production Value (US$ Million) by Application (2027–2032)
 Table 61. Global Pharmaceutical Grade Licorice Extract Production Value Market Share by Application (2021–2026)
 Table 62. Global Pharmaceutical Grade Licorice Extract Production Value Market Share by Application (2027–2032)
 Table 63. Global Pharmaceutical Grade Licorice Extract Price (US$/Ton) by Application (2021–2026)
 Table 64. Global Pharmaceutical Grade Licorice Extract Price (US$/Ton) by Application (2027–2032)
 Table 65. Magnasweet Pharmaceutical Grade Licorice Extract Company Information
 Table 66. Magnasweet Pharmaceutical Grade Licorice Extract Specification and Application
 Table 67. Magnasweet Pharmaceutical Grade Licorice Extract Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2021–2026)
 Table 68. Magnasweet Main Business and Markets Served
 Table 69. Magnasweet Recent Developments/Updates
 Table 70. Zagros Licorice Pharmaceutical Grade Licorice Extract Company Information
 Table 71. Zagros Licorice Pharmaceutical Grade Licorice Extract Specification and Application
 Table 72. Zagros Licorice Pharmaceutical Grade Licorice Extract Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2021–2026)
 Table 73. Zagros Licorice Main Business and Markets Served
 Table 74. Zagros Licorice Recent Developments/Updates
 Table 75. Sepidan Osareh Pharmaceutical Grade Licorice Extract Company Information
 Table 76. Sepidan Osareh Pharmaceutical Grade Licorice Extract Specification and Application
 Table 77. Sepidan Osareh Pharmaceutical Grade Licorice Extract Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2021–2026)
 Table 78. Sepidan Osareh Main Business and Markets Served
 Table 79. Sepidan Osareh Recent Developments/Updates
 Table 80. F&C Licorice Pharmaceutical Grade Licorice Extract Company Information
 Table 81. F&C Licorice Pharmaceutical Grade Licorice Extract Specification and Application
 Table 82. F&C Licorice Pharmaceutical Grade Licorice Extract Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2021–2026)
 Table 83. F&C Licorice Main Business and Markets Served
 Table 84. F&C Licorice Recent Developments/Updates
 Table 85. Norevo GmbH Pharmaceutical Grade Licorice Extract Company Information
 Table 86. Norevo GmbH Pharmaceutical Grade Licorice Extract Specification and Application
 Table 87. Norevo GmbH Pharmaceutical Grade Licorice Extract Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2021–2026)
 Table 88. Norevo GmbH Main Business and Markets Served
 Table 89. Norevo GmbH Recent Developments/Updates
 Table 90. Ransom Naturals Pharmaceutical Grade Licorice Extract Company Information
 Table 91. Ransom Naturals Pharmaceutical Grade Licorice Extract Specification and Application
 Table 92. Ransom Naturals Pharmaceutical Grade Licorice Extract Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2021–2026)
 Table 93. Ransom Naturals Main Business and Markets Served
 Table 94. Ransom Naturals Recent Developments/Updates
 Table 95. Maruzen Pharmaceuticals Pharmaceutical Grade Licorice Extract Company Information
 Table 96. Maruzen Pharmaceuticals Pharmaceutical Grade Licorice Extract Specification and Application
 Table 97. Maruzen Pharmaceuticals Pharmaceutical Grade Licorice Extract Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2021–2026)
 Table 98. Maruzen Pharmaceuticals Main Business and Markets Served
 Table 99. Maruzen Pharmaceuticals Recent Developments/Updates
 Table 100. Aushadhi Herbal Pharmaceutical Grade Licorice Extract Company Information
 Table 101. Aushadhi Herbal Pharmaceutical Grade Licorice Extract Specification and Application
 Table 102. Aushadhi Herbal Pharmaceutical Grade Licorice Extract Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2021–2026)
 Table 103. Aushadhi Herbal Main Business and Markets Served
 Table 104. Aushadhi Herbal Recent Developments/Updates
 Table 105. Avestia Pharma Pharmaceutical Grade Licorice Extract Company Information
 Table 106. Avestia Pharma Pharmaceutical Grade Licorice Extract Specification and Application
 Table 107. Avestia Pharma Pharmaceutical Grade Licorice Extract Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2021–2026)
 Table 108. Avestia Pharma Main Business and Markets Served
 Table 109. Avestia Pharma Recent Developments/Updates
 Table 110. VPL Chemicals Pharmaceutical Grade Licorice Extract Company Information
 Table 111. VPL Chemicals Pharmaceutical Grade Licorice Extract Specification and Application
 Table 112. VPL Chemicals Pharmaceutical Grade Licorice Extract Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2021–2026)
 Table 113. VPL Chemicals Main Business and Markets Served
 Table 114. VPL Chemicals Recent Developments/Updates
 Table 115. Key Raw Materials Lists
 Table 116. Raw Materials Key Suppliers Lists
 Table 117. Pharmaceutical Grade Licorice Extract Distributors List
 Table 118. Pharmaceutical Grade Licorice Extract Customers List
 Table 119. Pharmaceutical Grade Licorice Extract Market Trends
 Table 120. Pharmaceutical Grade Licorice Extract Market Drivers
 Table 121. Pharmaceutical Grade Licorice Extract Market Challenges
 Table 122. Pharmaceutical Grade Licorice Extract Market Restraints
 Table 123. Research Programs/Design for This Report
 Table 124. Key Data Information from Secondary Sources
 Table 125. Key Data Information from Primary Sources
 Table 126. Authors List of This Report


List of Figures
 Figure 1. Product Picture of Pharmaceutical Grade Licorice Extract
 Figure 2. Global Pharmaceutical Grade Licorice Extract Market Value by Type (US$ Million), 2021–2032
 Figure 3. Global Pharmaceutical Grade Licorice Extract Market Share by Type: 2025 vs 2032
 Figure 4. Liquid Product Picture
 Figure 5. Solid Product Picture
 Figure 6. Global Pharmaceutical Grade Licorice Extract Market Value by Application (US$ Million), 2021–2032
 Figure 7. Global Pharmaceutical Grade Licorice Extract Market Share by Application: 2025 vs 2032
 Figure 8. Indigestion
 Figure 9. Bronchitis
 Figure 10. Liver and Adrenal
 Figure 11. Global Pharmaceutical Grade Licorice Extract Production Value (US$ Million), 2021 vs 2025 vs 2032
 Figure 12. Global Pharmaceutical Grade Licorice Extract Production Value (US$ Million), 2021–2032
 Figure 13. Global Pharmaceutical Grade Licorice Extract Production Capacity (Tons), 2021–2032
 Figure 14. Global Pharmaceutical Grade Licorice Extract Production (Tons), 2021–2032
 Figure 15. Global Pharmaceutical Grade Licorice Extract Average Price (US$/Ton), 2021–2032
 Figure 16. Pharmaceutical Grade Licorice Extract Report Years Considered
 Figure 17. Pharmaceutical Grade Licorice Extract Production Share by Manufacturers in 2025
 Figure 18. Global Pharmaceutical Grade Licorice Extract Production Value Share by Manufacturers (2025)
 Figure 19. Pharmaceutical Grade Licorice Extract Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2021 vs 2025
 Figure 20. Top 5 and Top 10 Global Players: Market Share by Pharmaceutical Grade Licorice Extract Revenue in 2025
 Figure 21. Global Pharmaceutical Grade Licorice Extract Production Value by Region: 2021 vs 2025 vs 2032 (US$ Million)
 Figure 22. Global Pharmaceutical Grade Licorice Extract Production Value Market Share by Region: 2021 vs 2025 vs 2032
 Figure 23. Global Pharmaceutical Grade Licorice Extract Production Comparison by Region: 2021 vs 2025 vs 2032 (Tons)
 Figure 24. Global Pharmaceutical Grade Licorice Extract Production Market Share by Region: 2021 vs 2025 vs 2032
 Figure 25. North America Pharmaceutical Grade Licorice Extract Production Value (US$ Million) Growth Rate (2021–2032)
 Figure 26. Europe Pharmaceutical Grade Licorice Extract Production Value (US$ Million) Growth Rate (2021–2032)
 Figure 27. China Pharmaceutical Grade Licorice Extract Production Value (US$ Million) Growth Rate (2021–2032)
 Figure 28. Japan Pharmaceutical Grade Licorice Extract Production Value (US$ Million) Growth Rate (2021–2032)
 Figure 29. Global Pharmaceutical Grade Licorice Extract Consumption by Region: 2021 vs 2025 vs 2032 (Tons)
 Figure 30. Global Pharmaceutical Grade Licorice Extract Consumption Market Share by Region: 2021 vs 2025 vs 2032
 Figure 31. North America Pharmaceutical Grade Licorice Extract Consumption and Growth Rate (Tons), 2021–2032
 Figure 32. North America Pharmaceutical Grade Licorice Extract Consumption Market Share by Country (2021–2032)
 Figure 33. U.S. Pharmaceutical Grade Licorice Extract Consumption and Growth Rate (Tons), 2021–2032
 Figure 34. Canada Pharmaceutical Grade Licorice Extract Consumption and Growth Rate (Tons), 2021–2032
 Figure 35. Europe Pharmaceutical Grade Licorice Extract Consumption and Growth Rate (Tons), 2021–2032
 Figure 36. Europe Pharmaceutical Grade Licorice Extract Consumption Market Share by Country (2021–2032)
 Figure 37. Germany Pharmaceutical Grade Licorice Extract Consumption and Growth Rate (Tons), 2021–2032
 Figure 38. France Pharmaceutical Grade Licorice Extract Consumption and Growth Rate (Tons), 2021–2032
 Figure 39. U.K. Pharmaceutical Grade Licorice Extract Consumption and Growth Rate (Tons), 2021–2032
 Figure 40. Italy Pharmaceutical Grade Licorice Extract Consumption and Growth Rate (Tons), 2021–2032
 Figure 41. Russia Pharmaceutical Grade Licorice Extract Consumption and Growth Rate (Tons), 2021–2032
 Figure 42. Asia Pacific Pharmaceutical Grade Licorice Extract Consumption and Growth Rate (Tons), 2021–2032
 Figure 43. Asia Pacific Pharmaceutical Grade Licorice Extract Consumption Market Share by Region (2021–2032)
 Figure 44. China Pharmaceutical Grade Licorice Extract Consumption and Growth Rate (Tons), 2021–2032
 Figure 45. Japan Pharmaceutical Grade Licorice Extract Consumption and Growth Rate (Tons), 2021–2032
 Figure 46. South Korea Pharmaceutical Grade Licorice Extract Consumption and Growth Rate (Tons), 2021–2032
 Figure 47. China Taiwan Pharmaceutical Grade Licorice Extract Consumption and Growth Rate (Tons), 2021–2032
 Figure 48. Southeast Asia Pharmaceutical Grade Licorice Extract Consumption and Growth Rate (Tons), 2021–2032
 Figure 49. India Pharmaceutical Grade Licorice Extract Consumption and Growth Rate (Tons), 2021–2032
 Figure 50. Latin America, Middle East & Africa Pharmaceutical Grade Licorice Extract Consumption and Growth Rate (Tons), 2021–2032
 Figure 51. Latin America, Middle East & Africa Pharmaceutical Grade Licorice Extract Consumption Market Share by Country (2021–2032)
 Figure 52. Mexico Pharmaceutical Grade Licorice Extract Consumption and Growth Rate (Tons), 2021–2032
 Figure 53. Brazil Pharmaceutical Grade Licorice Extract Consumption and Growth Rate (Tons), 2021–2032
 Figure 54. Turkey Pharmaceutical Grade Licorice Extract Consumption and Growth Rate (Tons), 2021–2032
 Figure 55. GCC Countries Pharmaceutical Grade Licorice Extract Consumption and Growth Rate (Tons), 2021–2032
 Figure 56. Global Production Market Share of Pharmaceutical Grade Licorice Extract by Type (2021–2032)
 Figure 57. Global Production Value Market Share of Pharmaceutical Grade Licorice Extract by Type (2021–2032)
 Figure 58. Global Pharmaceutical Grade Licorice Extract Price (US$/Ton) by Type (2021–2032)
 Figure 59. Global Production Market Share of Pharmaceutical Grade Licorice Extract by Application (2021–2032)
 Figure 60. Global Production Value Market Share of Pharmaceutical Grade Licorice Extract by Application (2021–2032)
 Figure 61. Global Pharmaceutical Grade Licorice Extract Price (US$/Ton) by Application (2021–2032)
 Figure 62. Pharmaceutical Grade Licorice Extract Value Chain
 Figure 63. Channels of Distribution (Direct Vs Distribution)
 Figure 64. Bottom-up and Top-down Approaches for This Report
 Figure 65. Data Triangulation
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