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Global Licorice Extract Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2025-2031
Published Date: May 2025
|
Report Code: QYRE-Auto-35I4146
Home | Market Reports | Business & Industrial| Chemicals Industry
Global Licorice Extract Market Research Report 2021
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Global Licorice Extract Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2025-2031

Code: QYRE-Auto-35I4146
Report
May 2025
Pages:144
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES
FEATURED COMPANIES
Magnasweet
ASEH
Zagros Licorice
Sepidan Osareh
Norevo GmbH
Ransom Naturals
Maruzen Pharmaceuticals
MCFS
Aushadhi Herbal
Avestia Pharma
VPL Chemicals
Zelang
Changyue
Bokai
FandC Licorice

Licorice Extract Market Size

In 2024, the global market size of Licorice Extract was estimated to be worth US$ 861 million and is forecast to reach approximately US$ 832 million by 2031 with a CAGR of -0.5% during the forecast period 2025-2031.

Licorice Extract Market

Licorice Extract Market

Licorice extract comes from the licorice plant. The root of the plant is primarily used in preparing the extract, and the hard woody plant is pulped then boiled to further extract and refine the contents.
Licorice extract is a natural ingredient often found in both food and herbal medicine supplements. While the full medicinal effectiveness of licorice has not been completely tested, some benefits have been proven and others have enough support to warrant its inclusion in a number of supplements. Often found in teas and used in a number of different products as a flavoring ingredient, licorice extract can provide help in treating stomach issues such as heartburn, but does have some noteworthy side effects that should be considered.
Global Licorice Extract key players include Magnasweet, ASEH, Zagros Licorice, Sepidan Osareh, Norevo GmbH, etc. Global top five players hold a share about 25%.
Europe is the largest market, with a share about 20%, followed by China and Japan, having a total share about 25 percent.
In terms of product, Food Gradeis the largest segment, with a share about 55%. And in terms of application, the largest application is Food Industry, followed by Pharmaceutical Industry, Cosmetic Industry, etc.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Licorice 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 Licorice Extract.
The Licorice Extract market size, estimations, and forecasts are provided in terms of sales volume (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 Licorice 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 Licorice Extract manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and regions.

Scope of Licorice Extract Market Report

Report Metric Details
Report Name Licorice Extract Market
Forecasted market size in 2031 approximately US$ 832 million
Forecasted years 2025 - 2031
Segment by Type
  • Pharmaceutical Grade
  • Food Grade
  • Feed Grade
Segment by Application
  • Pharmaceutical
  • Food
  • Cosmetic
  • Others
By Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia) Rest of Europe
  • Nordic Countries
  • Asia-Pacific (China, Japan, South Korea)
  • Southeast Asia (India, Australia)
  • Rest of Asia
  • Latin America (Mexico, Brazil)
  • Rest of Latin America
  • Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company Magnasweet, ASEH, Zagros Licorice, Sepidan Osareh, FandC Licorice, Norevo GmbH, Ransom Naturals, Maruzen Pharmaceuticals, MCFS, Aushadhi Herbal, Avestia Pharma, VPL Chemicals, Zelang, Changyue, Bokai
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 Type and 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: Sales (consumption), revenue of Licorice Extract in global and regional 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 of each country in the world.
  • Chapter 3: Detailed analysis of Licorice Extract manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Licorice Extract sales, revenue, price, gross margin, sales by region, by Type, by Application, and recent development, etc.
  • Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, 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 sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 7: North America by Type, by Application and by country, sales, and revenue for each segment.
  • Chapter 8: APAC by Type, by Application and by country, sales, and revenue for each segment.
  • Chapter 9: Europe by Type, by Application and by country, sales, and revenue for each segment.
  • Chapter 10: Latin America by Type, by Application and by country, sales, and revenue for each segment.
  • Chapter 11: Middle East and Africa by Type, by Application and by country, sales, and revenue for each segment.
  • Chapter 12: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
  • Chapter 13: 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 14: Research Findings and Conclusion.

FAQ for this report

What is the Licorice Extract Market size in 2031?

Ans: The Licorice Extract Market size in 2031 will be approximately US$ 832 million.

What is the market share of major companies in Licorice Extract Market?

Ans: Global top five players hold a share about 25%.

What is the Licorice Extract Market share by application?

Ans: In terms of product, Food Gradeis the largest segment, with a share about 55%.

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

Ans: The main players in the Licorice Extract Market are Magnasweet, ASEH, Zagros Licorice, Sepidan Osareh, FandC Licorice, Norevo GmbH, Ransom Naturals, Maruzen Pharmaceuticals, MCFS, Aushadhi Herbal, Avestia Pharma, VPL Chemicals, Zelang, Changyue, Bokai

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

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

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

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

1 Study Coverage
1.1 Licorice Extract Product Introduction
1.2 Market by Type
1.2.1 Global Licorice Extract Market Size Growth Rate by Type (2020 VS 2024 VS 2031)
1.2.2 Pharmaceutical Grade
1.2.3 Food Grade
1.2.4 Feed Grade
1.3 Market by Application
1.3.1 Global Licorice Extract Market Size Growth Rate by Application (2020 VS 2024 VS 2031)
1.3.2 Pharmaceutical
1.3.3 Food
1.3.4 Cosmetic
1.3.5 Others
1.4 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global Licorice Extract Market Size Estimates and Forecasts
2.1.1 Global Licorice Extract Revenue 2020-2031
2.1.2 Global Licorice Extract Sales 2020-2031
2.2 Licorice Extract Market Size by Region: 2024 Versus 2031
2.3 Licorice Extract Sales by Region (2020-2031)
2.3.1 Global Licorice Extract Sales by Region: 2020-2025
2.3.2 Global Licorice Extract Sales Forecast by Region (2026-2031)
2.3.3 Global Licorice Extract Sales Market Share by Region (2020-2031)
2.4 Licorice Extract Market Estimates and Projections by Region (2026-2031)
2.4.1 Global Licorice Extract Revenue by Region: 2020-2025
2.4.2 Global Licorice Extract Revenue Forecast by Region (2026-2031)
2.4.3 Global Licorice Extract Revenue Market Share by Region (2020-2031)
3 Market Segments
3.1 Breakdown Data by Type
3.1.1 Global Licorice Extract Sales by Type (2020-2031)
3.1.1.1 Global Licorice Extract Sales Volume by Type (2020-2031)
3.1.1.2 Global Licorice Extract Sales Market Share by Type (2020-2031)
3.1.2 Global Licorice Extract Revenue by Type (2020-2031)
3.1.2.1 Global Licorice Extract Revenue by Type (2020-2031)
3.1.2.2 Global Licorice Extract Revenue Market Share by Type (2020-2031)
3.1.3 Licorice Extract Average Selling Price (ASP) by Type (2020-2031)
3.2 Breakdown Data by Application
3.2.1 Global Licorice Extract Sales by Application (2020-2031)
3.2.1.1 Global Licorice Extract Sales Volume by Application (2020-2031)
3.2.1.2 Global Licorice Extract Sales Market Share by Application (2020-2031)
3.2.2 Global Licorice Extract Revenue by Application (2020-2031)
3.2.2.1 Global Licorice Extract Revenue by Application (2020-2031)
3.2.2.2 Global Licorice Extract Revenue Market Share by Application (2020-2031)
3.2.3 Licorice Extract Average Selling Price (ASP) by Application (2020-2031)
3.3 by Type and by Application Crossing Analysis
3.3.1 Pharmaceutical Grade of Licorice Extract Revenue Market Share by Application
3.3.2 Food Grade of Licorice Extract Revenue Market Share by Application
3.3.3 Feed Grade of Licorice Extract Revenue Market Share by Application
4 Global Licorice Extract by Manufacturers
4.1 Global Top Licorice Extract Manufacturers by Sales (2020-2025)
4.1.1 Global Licorice Extract Sales by Manufacturer (2020-2025)
4.1.2 Global Licorice Extract Sales Market Share by Manufacturer (2020-2025)
4.2 Global Top Licorice Extract Manufacturers by Revenue (2020-2025)
4.2.1 Global Licorice Extract Revenue by Manufacturer (2020-2025)
4.2.2 Global Licorice Extract Revenue Share by Manufacturer (2020-2025)
4.3 Global Licorice Extract Price by Manufacturer (2020-2025)
4.4 Competitive Landscape
4.4.1 Key Licorice Extract Manufacturers Covered: Ranking by Revenue
4.4.2 Global Licorice Extract Market Concentration Ratio (CR5 and HHI) & (2020-2025)
4.4.3 Global Licorice Extract Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.5 Global Licorice Extract Manufacturing Base Distribution, Product Type
4.5.1 Licorice Extract Manufacturers Manufacturing Base Distribution, Headquarters
4.5.2 Date of International Manufacturers Enter into Licorice Extract Market
4.5.3 Manufacturers Licorice Extract Product Type and Application
4.5.4 Pharmaceutical Grade Market Sales of Licorice Extract by Manufacturer
4.5.5 Food Grade Market Sales of Licorice Extract by Manufacturer
4.5.6 Feed Grade Market Sales of Licorice Extract by Manufacturer
4.6 Manufacturers Mergers & Acquisitions, Expansion Plans
5 Company Profiles
5.1 Magnasweet
5.1.1 Magnasweet Company Information
5.1.2 Magnasweet Description, Business Overview
5.1.3 Magnasweet Licorice Extract Products Offered
5.1.4 Magnasweet Licorice Extract Sales, Revenue and Gross Margin (2020-2025)
5.1.5 Magnasweet Licorice Extract Sales by Product in 2024
5.1.6 Magnasweet Licorice Extract Sales by Application in 2024
5.1.7 Magnasweet Licorice Extract Sales by Geographic Area in 2024
5.1.8 Magnasweet Recent Developments
5.2 ASEH
5.2.1 ASEH Company Information
5.2.2 ASEH Description, Business Overview
5.2.3 ASEH Licorice Extract Products Offered
5.2.4 ASEH Licorice Extract Sales, Revenue and Gross Margin (2020-2025)
5.2.5 ASEH Licorice Extract Sales by Product in 2024
5.2.6 ASEH Licorice Extract Sales by Application in 2024
5.2.7 ASEH Licorice Extract Sales by Geographic Area in 2024
5.2.8 ASEH Recent Developments
5.3 Zagros Licorice
5.3.1 Zagros Licorice Company Information
5.3.2 Zagros Licorice Description, Business Overview
5.3.3 Zagros Licorice Licorice Extract Products Offered
5.3.4 Zagros Licorice Licorice Extract Sales, Revenue and Gross Margin (2020-2025)
5.3.5 Zagros Licorice Licorice Extract Sales by Product in 2024
5.3.6 Zagros Licorice Licorice Extract Sales by Application in 2024
5.3.7 Zagros Licorice Licorice Extract Sales by Geographic Area in 2024
5.3.8 Zagros Licorice Recent Developments
5.4 Sepidan Osareh
5.4.1 Sepidan Osareh Company Information
5.4.2 Sepidan Osareh Description, Business Overview
5.4.3 Sepidan Osareh Licorice Extract Products Offered
5.4.4 Sepidan Osareh Licorice Extract Sales, Revenue and Gross Margin (2020-2025)
5.4.5 Sepidan Osareh Licorice Extract Sales by Product in 2024
5.4.6 Sepidan Osareh Licorice Extract Sales by Application in 2024
5.4.7 Sepidan Osareh Licorice Extract Sales by Geographic Area in 2024
5.4.8 Sepidan Osareh Recent Developments
5.5 FandC Licorice
5.5.1 FandC Licorice Company Information
5.5.2 FandC Licorice Description, Business Overview
5.5.3 FandC Licorice Licorice Extract Products Offered
5.5.4 FandC Licorice Licorice Extract Sales, Revenue and Gross Margin (2020-2025)
5.5.5 FandC Licorice Licorice Extract Sales by Product in 2024
5.5.6 FandC Licorice Licorice Extract Sales by Application in 2024
5.5.7 FandC Licorice Licorice Extract Sales by Geographic Area in 2024
5.5.8 FandC Licorice Recent Developments
5.6 Norevo GmbH
5.6.1 Norevo GmbH Company Information
5.6.2 Norevo GmbH Description, Business Overview
5.6.3 Norevo GmbH Licorice Extract Products Offered
5.6.4 Norevo GmbH Licorice Extract Sales, Revenue and Gross Margin (2020-2025)
5.6.5 Norevo GmbH Licorice Extract Sales by Product in 2024
5.6.6 Norevo GmbH Licorice Extract Sales by Application in 2024
5.6.7 Norevo GmbH Licorice Extract Sales by Geographic Area in 2024
5.6.8 Norevo GmbH Recent Developments
5.7 Ransom Naturals
5.7.1 Ransom Naturals Company Information
5.7.2 Ransom Naturals Description, Business Overview
5.7.3 Ransom Naturals Licorice Extract Products Offered
5.7.4 Ransom Naturals Licorice Extract Sales, Revenue and Gross Margin (2020-2025)
5.7.5 Ransom Naturals Licorice Extract Sales by Product in 2024
5.7.6 Ransom Naturals Licorice Extract Sales by Application in 2024
5.7.7 Ransom Naturals Licorice Extract Sales by Geographic Area in 2024
5.7.8 Ransom Naturals Recent Developments
5.8 Maruzen Pharmaceuticals
5.8.1 Maruzen Pharmaceuticals Company Information
5.8.2 Maruzen Pharmaceuticals Description, Business Overview
5.8.3 Maruzen Pharmaceuticals Licorice Extract Products Offered
5.8.4 Maruzen Pharmaceuticals Licorice Extract Sales, Revenue and Gross Margin (2020-2025)
5.8.5 Maruzen Pharmaceuticals Licorice Extract Sales by Product in 2024
5.8.6 Maruzen Pharmaceuticals Licorice Extract Sales by Application in 2024
5.8.7 Maruzen Pharmaceuticals Licorice Extract Sales by Geographic Area in 2024
5.8.8 Maruzen Pharmaceuticals Recent Developments
5.9 MCFS
5.9.1 MCFS Company Information
5.9.2 MCFS Description, Business Overview
5.9.3 MCFS Licorice Extract Products Offered
5.9.4 MCFS Licorice Extract Sales, Revenue and Gross Margin (2020-2025)
5.9.5 MCFS Licorice Extract Sales by Product in 2024
5.9.6 MCFS Licorice Extract Sales by Application in 2024
5.9.7 MCFS Licorice Extract Sales by Geographic Area in 2024
5.9.8 MCFS Recent Developments
5.10 Aushadhi Herbal
5.10.1 Aushadhi Herbal Company Information
5.10.2 Aushadhi Herbal Description, Business Overview
5.10.3 Aushadhi Herbal Licorice Extract Products Offered
5.10.4 Aushadhi Herbal Licorice Extract Sales, Revenue and Gross Margin (2020-2025)
5.10.5 Aushadhi Herbal Licorice Extract Sales by Product in 2024
5.10.6 Aushadhi Herbal Licorice Extract Sales by Application in 2024
5.10.7 Aushadhi Herbal Licorice Extract Sales by Geographic Area in 2024
5.10.8 Aushadhi Herbal Recent Developments
5.11 Avestia Pharma
5.11.1 Avestia Pharma Company Information
5.11.2 Avestia Pharma Description, Business Overview
5.11.3 Avestia Pharma Licorice Extract Products Offered
5.11.4 Avestia Pharma Licorice Extract Sales, Revenue and Gross Margin (2020-2025)
5.11.5 Avestia Pharma Licorice Extract Sales by Product in 2024
5.11.6 Avestia Pharma Licorice Extract Sales by Application in 2024
5.11.7 Avestia Pharma Licorice Extract Sales by Geographic Area in 2024
5.11.8 Avestia Pharma Recent Developments
5.12 VPL Chemicals
5.12.1 VPL Chemicals Company Information
5.12.2 VPL Chemicals Description, Business Overview
5.12.3 VPL Chemicals Licorice Extract Products Offered
5.12.4 VPL Chemicals Licorice Extract Sales, Revenue and Gross Margin (2020-2025)
5.12.5 VPL Chemicals Licorice Extract Sales by Product in 2024
5.12.6 VPL Chemicals Licorice Extract Sales by Application in 2024
5.12.7 VPL Chemicals Licorice Extract Sales by Geographic Area in 2024
5.12.8 VPL Chemicals Recent Developments
5.13 Zelang
5.13.1 Zelang Company Information
5.13.2 Zelang Description, Business Overview
5.13.3 Zelang Licorice Extract Products Offered
5.13.4 Zelang Licorice Extract Sales, Revenue and Gross Margin (2020-2025)
5.13.5 Zelang Licorice Extract Sales by Product in 2024
5.13.6 Zelang Licorice Extract Sales by Application in 2024
5.13.7 Zelang Licorice Extract Sales by Geographic Area in 2024
5.13.8 Zelang Recent Developments
5.14 Changyue
5.14.1 Changyue Company Information
5.14.2 Changyue Description, Business Overview
5.14.3 Changyue Licorice Extract Products Offered
5.14.4 Changyue Licorice Extract Sales, Revenue and Gross Margin (2020-2025)
5.14.5 Changyue Licorice Extract Sales by Product in 2024
5.14.6 Changyue Licorice Extract Sales by Application in 2024
5.14.7 Changyue Licorice Extract Sales by Geographic Area in 2024
5.14.8 Changyue Recent Developments
5.15 Bokai
5.15.1 Bokai Company Information
5.15.2 Bokai Description, Business Overview
5.15.3 Bokai Licorice Extract Products Offered
5.15.4 Bokai Licorice Extract Sales, Revenue and Gross Margin (2020-2025)
5.15.5 Bokai Licorice Extract Sales by Product in 2024
5.15.6 Bokai Licorice Extract Sales by Application in 2024
5.15.7 Bokai Licorice Extract Sales by Geographic Area in 2024
5.15.8 Bokai Recent Developments
6 North America
6.1 North America Licorice Extract Market Size YoY Growth 2020-2031
6.2 North America Licorice Extract Market Facts & Figures by Country
6.2.1 North America Licorice Extract Sales by Country (2020-2031)
6.2.2 North America Licorice Extract Revenue by Country (2020-2031)
6.3 North America Licorice Extract Sales by Type (2020-2025)
6.4 North America Licorice Extract Sales by Application (2020-2025)
7 Asia-Pacific
7.1 Asia-Pacific Licorice Extract Market Size YoY Growth 2020-2031
7.2 Asia-Pacific Licorice Extract Market Facts & Figures by Region
7.2.1 Asia-Pacific Licorice Extract Sales by Region (2020-2031)
7.2.2 Asia-Pacific Licorice Extract Revenue by Region (2020-2031)
7.3 Asia-Pacific Licorice Extract Sales by Type (2020-2025)
7.4 Asia-Pacific Licorice Extract Sales by Application (2020-2025)
8 Europe
8.1 Europe Licorice Extract Market Size YoY Growth 2020-2031
8.2 Europe Licorice Extract Market Facts & Figures by Country
8.2.1 Europe Licorice Extract Sales by Country (2020-2031)
8.2.2 Europe Licorice Extract Revenue by Country (2020-2031)
8.3 Europe Licorice Extract Sales by Type (2020-2025)
8.4 Europe Licorice Extract Sales by Application (2020-2025)
9 Latin America
9.1 Latin America Licorice Extract Market Size YoY Growth 2020-2031
9.2 Latin America Licorice Extract Market Facts & Figures by Country
9.2.1 Latin America Licorice Extract Sales by Country (2020-2031)
9.2.2 Latin America Licorice Extract Revenue by Country (2020-2031)
9.3 Latin America Licorice Extract Sales by Type (2020-2025)
9.4 Latin America Licorice Extract Sales by Application (2020-2025)
10 Middle East and Africa
10.1 Latin America Licorice Extract Market Size YoY Growth 2020-2031
10.2 Middle East and Africa Licorice Extract Market Facts & Figures by Country
10.2.1 Middle East and Africa Licorice Extract Sales by Country (2020-2031)
10.2.2 Middle East and Africa Licorice Extract Revenue by Country (2020-2031)
10.3 Middle East and Africa Licorice Extract Sales by Type (2020-2025)
10.4 Middle East and Africa Licorice Extract Sales by Application (2020-2025)
11 Supply Chain and Sales Channel analysis
11.1 Licorice Extract Supply Chain Analysis
11.2 Licorice Extract Key Raw Materials and Upstream Suppliers
11.3 Licorice Extract Clients Analysis
11.4 Licorice Extract Sales Channel and Sales Model Analysis
11.4.1 Licorice Extract Distribution Channel Analysis: Indirect Sales VS Direct Sales
11.4.2 Licorice Extract Distribution Channel Analysis: Online Sales VS Offline Sales
11.4.3 Licorice Extract Distributors
12 Licorice Extract Market Dynamics
12.1 Licorice Extract Industry Trends
12.2 Licorice Extract Market Drivers
12.3 Licorice Extract Market Challenges
12.4 Licorice Extract Market Restraints
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.1.1 Research Programs/Design
14.1.1.2 Market Size Estimation
14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source
14.1.2.1 Secondary Sources
14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer
FEATURED COMPANIES
Magnasweet
ASEH
Zagros Licorice
Sepidan Osareh
Norevo GmbH
Ransom Naturals
Maruzen Pharmaceuticals
MCFS
Aushadhi Herbal
Avestia Pharma
VPL Chemicals
Zelang
Changyue
Bokai
FandC Licorice
List of Tables
 Table 1. Global Licorice Extract Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031
 Table 2. Global Licorice Extract Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
 Table 3. Global Licorice Extract Market Size by Region (US$ Million): 2024 VS 2031
 Table 4. Global Licorice Extract Sales by Region (2020-2025) & (MT)
 Table 5. Global Licorice Extract Sales Forecast by Region (2026-2031) & (MT)
 Table 6. Global Licorice Extract Revenue by Region (2020-2025) & (US$ Million)
 Table 7. Global Licorice Extract Revenue Forecast by Region (2026-2031) & (US$ Million)
 Table 8. Global Licorice Extract Sales Volume by Type (2020-2025) & (MT)
 Table 9. Global Licorice Extract Sales Volume by Type (2026-2031) & (MT)
 Table 10. Global Licorice Extract Revenue by Type (2020-2025) & (US$ Million)
 Table 11. Global Licorice Extract Revenue Forecast by Type (2026-2031) & (US$ Million)
 Table 12. Global Licorice Extract Sales Volume by Application (2020-2025) & (MT)
 Table 13. Global Licorice Extract Sales Volume by Application (2026-2031) & (MT)
 Table 14. Global Licorice Extract Revenue by Application (2020-2025) & (US$ Million)
 Table 15. Global Licorice Extract Revenue by Application (2026-2031) & (US$ Million)
 Table 16. Global Licorice Extract Sales by Manufacturer (2020-2025) & (MT)
 Table 17. Global Licorice Extract Sales Share by Manufacturer (2020-2025)
 Table 18. Licorice Extract Revenue by Manufacturer (2020-2025) & (US$ Million)
 Table 19. Licorice Extract Revenue Share by Manufacturer (2020-2025)
 Table 20. Key Manufacturers Licorice Extract Price (2020-2025) & (USD/MT)
 Table 21. Ranking of Global Top Licorice Extract Manufacturers by Revenue (US$ Million) in 2024
 Table 22. Global Licorice Extract Manufacturers Market Concentration Ratio (CR5 and HHI) & (2020-2025)
 Table 23. Global Licorice Extract by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Licorice Extract as of 2024)
 Table 24. Licorice Extract Manufacturers Manufacturing Base Distribution and Headquarters
 Table 25. Date of International Manufacturers Enter into Licorice Extract Market
 Table 26. Manufacturers Licorice Extract Product Type and Application
 Table 27. Manufacturers Mergers & Acquisitions, Expansion Plans
 Table 28. Magnasweet Company Information
 Table 29. Magnasweet Description and Business Overview
 Table 30. Magnasweet Licorice Extract Product
 Table 31. Magnasweet Licorice Extract Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 32. Magnasweet Sales Proportion of Licorice Extract by Product in 2024
 Table 33. Magnasweet Sales Proportion of Licorice Extract by Application in 2024
 Table 34. Magnasweet Sales Proportion of Licorice Extract by Geographic Area in 2024
 Table 35. Magnasweet Recent Developments
 Table 36. ASEH Company Information
 Table 37. ASEH Description and Business Overview
 Table 38. ASEH Licorice Extract Product
 Table 39. ASEH Licorice Extract Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 40. ASEH Sales Proportion of Licorice Extract by Product in 2024
 Table 41. ASEH Sales Proportion of Licorice Extract by Application in 2024
 Table 42. ASEH Sales Proportion of Licorice Extract by Geographic Area in 2024
 Table 43. ASEH Recent Developments
 Table 44. Zagros Licorice Company Information
 Table 45. Zagros Licorice Description and Business Overview
 Table 46. Zagros Licorice Licorice Extract Product
 Table 47. Zagros Licorice Licorice Extract Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 48. Zagros Licorice Sales Proportion of Licorice Extract by Product in 2024
 Table 49. Zagros Licorice Sales Proportion of Licorice Extract by Application in 2024
 Table 50. Zagros Licorice Sales Proportion of Licorice Extract by Geographic Area in 2024
 Table 51. Zagros Licorice Recent Developments
 Table 52. Sepidan Osareh Company Information
 Table 53. Sepidan Osareh Description and Business Overview
 Table 54. Sepidan Osareh Licorice Extract Product
 Table 55. Sepidan Osareh Licorice Extract Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 56. Sepidan Osareh Sales Proportion of Licorice Extract by Product in 2024
 Table 57. Sepidan Osareh Sales Proportion of Licorice Extract by Application in 2024
 Table 58. Sepidan Osareh Sales Proportion of Licorice Extract by Geographic Area in 2024
 Table 59. Sepidan Osareh Recent Developments
 Table 60. FandC Licorice Company Information
 Table 61. FandC Licorice Description and Business Overview
 Table 62. FandC Licorice Licorice Extract Product
 Table 63. FandC Licorice Licorice Extract Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 64. FandC Licorice Sales Proportion of Licorice Extract by Product in 2024
 Table 65. FandC Licorice Sales Proportion of Licorice Extract by Application in 2024
 Table 66. FandC Licorice Sales Proportion of Licorice Extract by Geographic Area in 2024
 Table 67. FandC Licorice Recent Developments
 Table 68. Norevo GmbH Company Information
 Table 69. Norevo GmbH Description and Business Overview
 Table 70. Norevo GmbH Licorice Extract Product
 Table 71. Norevo GmbH Licorice Extract Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 72. Norevo GmbH Sales Proportion of Licorice Extract by Product in 2024
 Table 73. Norevo GmbH Sales Proportion of Licorice Extract by Application in 2024
 Table 74. Norevo GmbH Sales Proportion of Licorice Extract by Geographic Area in 2024
 Table 75. Norevo GmbH Recent Developments
 Table 76. Ransom Naturals Company Information
 Table 77. Ransom Naturals Description and Business Overview
 Table 78. Ransom Naturals Licorice Extract Product
 Table 79. Ransom Naturals Licorice Extract Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 80. Ransom Naturals Sales Proportion of Licorice Extract by Product in 2024
 Table 81. Ransom Naturals Sales Proportion of Licorice Extract by Application in 2024
 Table 82. Ransom Naturals Sales Proportion of Licorice Extract by Geographic Area in 2024
 Table 83. Ransom Naturals Recent Developments
 Table 84. Maruzen Pharmaceuticals Company Information
 Table 85. Maruzen Pharmaceuticals Description and Business Overview
 Table 86. Maruzen Pharmaceuticals Licorice Extract Product
 Table 87. Maruzen Pharmaceuticals Licorice Extract Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 88. Maruzen Pharmaceuticals Sales Proportion of Licorice Extract by Product in 2024
 Table 89. Maruzen Pharmaceuticals Sales Proportion of Licorice Extract by Application in 2024
 Table 90. Maruzen Pharmaceuticals Sales Proportion of Licorice Extract by Geographic Area in 2024
 Table 91. Maruzen Pharmaceuticals Recent Developments
 Table 92. MCFS Company Information
 Table 93. MCFS Description and Business Overview
 Table 94. MCFS Licorice Extract Product
 Table 95. MCFS Licorice Extract Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 96. MCFS Sales Proportion of Licorice Extract by Product in 2024
 Table 97. MCFS Sales Proportion of Licorice Extract by Application in 2024
 Table 98. MCFS Sales Proportion of Licorice Extract by Geographic Area in 2024
 Table 99. MCFS Recent Developments
 Table 100. Aushadhi Herbal Company Information
 Table 101. Aushadhi Herbal Description and Business Overview
 Table 102. Aushadhi Herbal Licorice Extract Product
 Table 103. Aushadhi Herbal Licorice Extract Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 104. Aushadhi Herbal Sales Proportion of Licorice Extract by Product in 2024
 Table 105. Aushadhi Herbal Sales Proportion of Licorice Extract by Application in 2024
 Table 106. Aushadhi Herbal Sales Proportion of Licorice Extract by Geographic Area in 2024
 Table 107. Aushadhi Herbal Recent Developments
 Table 108. Avestia Pharma Company Information
 Table 109. Avestia Pharma Description and Business Overview
 Table 110. Avestia Pharma Licorice Extract Product
 Table 111. Avestia Pharma Licorice Extract Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 112. Avestia Pharma Sales Proportion of Licorice Extract by Product in 2024
 Table 113. Avestia Pharma Sales Proportion of Licorice Extract by Application in 2024
 Table 114. Avestia Pharma Sales Proportion of Licorice Extract by Geographic Area in 2024
 Table 115. Avestia Pharma Recent Developments
 Table 116. VPL Chemicals Company Information
 Table 117. VPL Chemicals Description and Business Overview
 Table 118. VPL Chemicals Licorice Extract Product
 Table 119. VPL Chemicals Licorice Extract Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 120. VPL Chemicals Sales Proportion of Licorice Extract by Product in 2024
 Table 121. VPL Chemicals Sales Proportion of Licorice Extract by Application in 2024
 Table 122. VPL Chemicals Sales Proportion of Licorice Extract by Geographic Area in 2024
 Table 123. VPL Chemicals Recent Developments
 Table 124. Zelang Company Information
 Table 125. Zelang Description and Business Overview
 Table 126. Zelang Licorice Extract Product
 Table 127. Zelang Licorice Extract Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 128. Zelang Sales Proportion of Licorice Extract by Product in 2024
 Table 129. Zelang Sales Proportion of Licorice Extract by Application in 2024
 Table 130. Zelang Sales Proportion of Licorice Extract by Geographic Area in 2024
 Table 131. Zelang Recent Developments
 Table 132. Changyue Company Information
 Table 133. Changyue Description and Business Overview
 Table 134. Changyue Licorice Extract Product
 Table 135. Changyue Licorice Extract Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 136. Changyue Sales Proportion of Licorice Extract by Product in 2024
 Table 137. Changyue Sales Proportion of Licorice Extract by Application in 2024
 Table 138. Changyue Sales Proportion of Licorice Extract by Geographic Area in 2024
 Table 139. Changyue Recent Developments
 Table 140. Bokai Company Information
 Table 141. Bokai Description and Business Overview
 Table 142. Bokai Licorice Extract Product
 Table 143. Bokai Licorice Extract Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 144. Bokai Sales Proportion of Licorice Extract by Product in 2024
 Table 145. Bokai Sales Proportion of Licorice Extract by Application in 2024
 Table 146. Bokai Sales Proportion of Licorice Extract by Geographic Area in 2024
 Table 147. Bokai Recent Developments
 Table 148. North America Licorice Extract Sales by Country (2020-2025) & (MT)
 Table 149. North America Licorice Extract Sales by Country (2026-2031) & (MT)
 Table 150. North America Licorice Extract Revenue by Country (2020-2025) & (US$ Million)
 Table 151. North America Licorice Extract Revenue by Country (2026-2031) & (US$ Million)
 Table 152. North America Licorice Extract Sales by Type (2020-2025) & (MT)
 Table 153. North America Licorice Extract Sales by Application (2020-2025) & (MT)
 Table 154. Asia-Pacific Licorice Extract Sales by Region (2020-2025) & (MT)
 Table 155. Asia-Pacific Licorice Extract Sales by Region (2026-2031) & (MT)
 Table 156. Asia-Pacific Licorice Extract Revenue by Region (2020-2025) & (US$ Million)
 Table 157. Asia-Pacific Licorice Extract Revenue by Region (2026-2031) & (US$ Million)
 Table 158. Asia-Pacific Licorice Extract Sales by Type (2020-2025) & (MT)
 Table 159. Asia-Pacific Licorice Extract Sales by Application (2020-2025) & (MT)
 Table 160. Europe Licorice Extract Sales by Country (2020-2025) & (MT)
 Table 161. Europe Licorice Extract Sales by Country (2026-2031) & (MT)
 Table 162. Europe Licorice Extract Revenue by Country (2020-2025) & (US$ Million)
 Table 163. Europe Licorice Extract Revenue by Country (2026-2031) & (US$ Million)
 Table 164. Europe Licorice Extract Sales by Type (2020-2025) & (MT)
 Table 165. Europe Licorice Extract Sales by Application (2020-2025) & (MT)
 Table 166. Latin America Licorice Extract Sales by Country (2020-2025) & (MT)
 Table 167. Latin America Licorice Extract Sales by Country (2026-2031) & (MT)
 Table 168. Latin America Licorice Extract Revenue by Country (2020-2025) & (US$ Million)
 Table 169. Latin America Licorice Extract Revenue by Country (2026-2031) & (US$ Million)
 Table 170. Latin America Licorice Extract Sales by Type (2020-2025) & (MT)
 Table 171. Latin America Licorice Extract Sales by Application (2020-2025) & (MT)
 Table 172. Middle East and Africa Licorice Extract Sales by Country (2020-2025) & (MT)
 Table 173. Middle East and Africa Licorice Extract Sales by Country (2026-2031) & (MT)
 Table 174. Middle East and Africa Licorice Extract Revenue by Country (2020-2025) & (US$ Million)
 Table 175. Middle East and Africa Licorice Extract Revenue by Country (2026-2031) & (US$ Million)
 Table 176. Middle East and Africa Licorice Extract Sales by Type (2020-2025) & (MT)
 Table 177. Middle East and Africa Licorice Extract Sales by Application (2020-2025) & (MT)
 Table 178. Licorice Extract Key Raw Materials, Industry Status and Trend
 Table 179. Licorice Extract Key Raw Materials and Upstream Suppliers
 Table 180. Licorice Extract Clients Status and Trend
 Table 181. Licorice Extract Typical Clients
 Table 182. Licorice Extract Distributors
 Table 183. Licorice Extract Market Trends
 Table 184. Licorice Extract Market Drivers
 Table 185. Licorice Extract Market Challenges
 Table 186. Licorice Extract Market Restraints
 Table 187. Research Programs/Design for This Report
 Table 188. Key Data Information from Secondary Sources
 Table 189. Key Data Information from Primary Sources
 Table 190. QYR Business Unit and Senior & Team Lead Analysts


List of Figures
 Figure 1. Licorice Extract Product Picture
 Figure 2. Global Licorice Extract Market Size by Type (US$ Million): 2020 VS 2024 VS 2031
 Figure 3. Global Licorice Extract Sales Market Share by Type in 2024 & 2031
 Figure 4. Pharmaceutical Grade Product Picture
 Figure 5. Food Grade Product Picture
 Figure 6. Feed Grade Product Picture
 Figure 7. Global Licorice Extract Market Size by Application (US$ Million): 2020 VS 2024 VS 2031
 Figure 8. Global Licorice Extract Sales Market Share by Application in 2024 & 2031
 Figure 9. Pharmaceutical
 Figure 10. Food
 Figure 11. Cosmetic
 Figure 12. Others
 Figure 13. Licorice Extract Report Years Considered
 Figure 14. Global Licorice Extract Revenue, (US$ Million), 2020 VS 2024 VS 2031
 Figure 15. Global Licorice Extract Market Size 2020-2031 (US$ Million)
 Figure 16. Global Licorice Extract Sales 2020-2031 (MT)
 Figure 17. Global Licorice Extract Sales Market Share Forecast by Region (2020-2031)
 Figure 18. Global Licorice Extract Revenue Market Share by Region (2020-2031)
 Figure 19. Global Licorice Extract Sales Market Share Forecast by Type (2020-2031)
 Figure 20. Global Licorice Extract Revenue Market Share Forecast by Type (2020-2031)
 Figure 21. Licorice Extract Average Selling Price (ASP) by Type (2020-2025) & (USD/MT)
 Figure 22. Global Licorice Extract Sales Market Share Forecast by Application (2020-2031)
 Figure 23. Global Licorice Extract Revenue Market Share Forecast by Application (2020-2031)
 Figure 24. Licorice Extract Average Selling Price (ASP) by Application (2020-2025) & (USD/MT)
 Figure 25. Pharmaceutical Grade of Licorice Extract Revenue Market Share by Application, 2024 VS 2031
 Figure 26. Food Grade of Licorice Extract Revenue Market Share by Application, 2024 VS 2031
 Figure 27. Feed Grade of Licorice Extract Revenue Market Share by Application, 2024 VS 2031
 Figure 28. Global Licorice Extract Sales Share by Manufacturer in 2024
 Figure 29. Licorice Extract Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 30. Pharmaceutical Grade Market Sales Proportion by Manufacturer in 2024
 Figure 31. Food Grade Market Sales Proportion by Manufacturer in 2024
 Figure 32. Feed Grade Market Sales Proportion by Manufacturer in 2024
 Figure 33. North America Licorice Extract Revenue 2020-2031 (US$ Million)
 Figure 34. North America Licorice Extract Sales Market Share by Type (2020-2025)
 Figure 35. North America Licorice Extract Sales Market Share by Application (2020-2025)
 Figure 36. Asia-Pacific Licorice Extract Revenue 2020-2031 (US$ Million)
 Figure 37. Asia-Pacific Licorice Extract Sales Market Share by Region (2020-2031)
 Figure 38. Asia-Pacific Licorice Extract Revenue Market Share by Region (2020-2031)
 Figure 39. Asia-Pacific Licorice Extract Sales Market Share by Type (2020-2025)
 Figure 40. Asia-Pacific Licorice Extract Sales Market Share by Application (2020-2025)
 Figure 41. Europe Licorice Extract Revenue Growth Rate 2020-2031 (US$ Million)
 Figure 42. Europe Licorice Extract Sales Market Share by Country (2020-2031)
 Figure 43. Europe Licorice Extract Revenue Market Share by Country (2020-2031)
 Figure 44. Europe Licorice Extract Sales Market Share by Type (2020-2025)
 Figure 45. Europe Licorice Extract Sales Market Share by Application (2020-2025)
 Figure 46. Latin America Licorice Extract Revenue Growth Rate 2020-2031 (US$ Million)
 Figure 47. Latin America Licorice Extract Sales Market Share by Country (2020-2031)
 Figure 48. Latin America Licorice Extract Revenue Market Share by Country (2020-2025)
 Figure 49. Latin America Licorice Extract Sales Market Share by Type (2020-2025)
 Figure 50. Latin America Licorice Extract Sales Market Share by Application (2020-2025)
 Figure 51. Middle East and Africa Licorice Extract Revenue Growth Rate 2020-2031 (US$ Million)
 Figure 52. Middle East and Africa Licorice Extract Sales Market Share by Country (2020-2031)
 Figure 53. Middle East and Africa Licorice Extract Revenue Market Share by Country (2020-2031)
 Figure 54. Middle East and Africa Licorice Extract Sales Market Share by Type (2020-2025)
 Figure 55. Middle East and Africa Licorice Extract Sales Market Share by Application (2020-2025)
 Figure 56. Licorice Extract Supply Chain (Upstream and Downstream Market)
 Figure 57. Global Production Market Share of Licorice Extract Raw Materials by Region in 2024
 Figure 58. Licorice Extract Distribution Channels
 Figure 59. Global Licorice Extract Percentage 2020-2031: Indirect Sales VS Direct Sales
 Figure 60. Global Licorice Extract Percentage 2020-2031: Online Sales VS Offline Sales
 Figure 61. Bottom-up and Top-down Approaches for This Report
 Figure 62. Data Triangulation
 Figure 63. Key Executives Interviewed
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