Licorice Extract Powder Market
Licorice Extract Powder Market - Global Industry Assessment & Forecast
Segments Covered
- By Forms Powder, Paste, Blocks
- By Product Grades Pharmaceutical, Food, Feed
- By Applications Pharmaceuticals, Tobacco, Food & Beverages, Other Applications
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2023 |
Forecast Years: | 2024 - 2030 |
Historical Years: | 2018 - 2022 |
Revenue 2023: | USD 2258.2 Million |
Revenue 2030: | USD 3543.4 Million |
Revenue CAGR (2024 - 2030): | 6.60% |
Fastest Growing Region (2024 - 2030) | Asia Pacific |
Largest Region (2023): | Europe |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Licorice Extract Powder Market Segment Analysis
- Licorice Extract Powder Forms Outlook (Revenue, USD Million, 2018 - 2030)
- Powder
- Paste
- Blocks
- Licorice Extract Powder Product Grades Outlook (Revenue, USD Million, 2018 - 2030)
- Pharmaceutical
- Food
- Feed
- Licorice Extract Powder Applications Outlook (Revenue, USD Million, 2018 - 2030)
- Pharmaceuticals
- Tobacco
- Food & Beverages
- Other Applications
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Licorice Extract Powder Market, by Forms
- Powder
- Paste
- Blocks
-
North America Licorice Extract Powder Market, by Product Grades
- Pharmaceutical
- Food
- Feed
-
North America Licorice Extract Powder Market, by Applications
- Pharmaceuticals
- Tobacco
- Food & Beverages
- Other Applications
- U.S.
- U.S. Licorice Extract Powder Market, by Forms
- Powder
- Paste
- Blocks
- U.S. Licorice Extract Powder Market, by Product Grades
- Pharmaceutical
- Food
- Feed
- U.S. Licorice Extract Powder Market, by Applications
- Pharmaceuticals
- Tobacco
- Food & Beverages
- Other Applications
- U.S. Licorice Extract Powder Market, by Forms
- Canada
- Canada Licorice Extract Powder Market, by Forms
- Powder
- Paste
- Blocks
- Canada Licorice Extract Powder Market, by Product Grades
- Pharmaceutical
- Food
- Feed
- Canada Licorice Extract Powder Market, by Applications
- Pharmaceuticals
- Tobacco
- Food & Beverages
- Other Applications
- Canada Licorice Extract Powder Market, by Forms
-
Mexico
- Mexico Licorice Extract Powder Market, by Forms
- Powder
- Paste
- Blocks
- Mexico Licorice Extract Powder Market, by Product Grades
- Pharmaceutical
- Food
- Feed
- Mexico Licorice Extract Powder Market, by Applications
- Pharmaceuticals
- Tobacco
- Food & Beverages
- Other Applications
- Mexico Licorice Extract Powder Market, by Forms
-
North America Licorice Extract Powder Market, by Forms
- Europe
-
Europe Licorice Extract Powder Market, by Forms
- Powder
- Paste
- Blocks
-
Europe Licorice Extract Powder Market, by Product Grades
- Pharmaceutical
- Food
- Feed
-
Europe Licorice Extract Powder Market, by Applications
- Pharmaceuticals
- Tobacco
- Food & Beverages
- Other Applications
- U. K.
- U.K. Licorice Extract Powder Market, by Forms
- Powder
- Paste
- Blocks
- U.K. Licorice Extract Powder Market, by Product Grades
- Pharmaceutical
- Food
- Feed
- U.K. Licorice Extract Powder Market, by Applications
- Pharmaceuticals
- Tobacco
- Food & Beverages
- Other Applications
- U.K. Licorice Extract Powder Market, by Forms
- France
- France Licorice Extract Powder Market, by Forms
- Powder
- Paste
- Blocks
- France Licorice Extract Powder Market, by Product Grades
- Pharmaceutical
- Food
- Feed
- France Licorice Extract Powder Market, by Applications
- Pharmaceuticals
- Tobacco
- Food & Beverages
- Other Applications
- France Licorice Extract Powder Market, by Forms
-
Germany
- Germany Licorice Extract Powder Market, by Forms
- Powder
- Paste
- Blocks
- Germany Licorice Extract Powder Market, by Product Grades
- Pharmaceutical
- Food
- Feed
- Germany Licorice Extract Powder Market, by Applications
- Pharmaceuticals
- Tobacco
- Food & Beverages
- Other Applications
- Germany Licorice Extract Powder Market, by Forms
-
Italy
- Italy Licorice Extract Powder Market, by Forms
- Powder
- Paste
- Blocks
- Italy Licorice Extract Powder Market, by Product Grades
- Pharmaceutical
- Food
- Feed
- Italy Licorice Extract Powder Market, by Applications
- Pharmaceuticals
- Tobacco
- Food & Beverages
- Other Applications
- Italy Licorice Extract Powder Market, by Forms
-
Spain
- Spain Licorice Extract Powder Market, by Forms
- Powder
- Paste
- Blocks
- Spain Licorice Extract Powder Market, by Product Grades
- Pharmaceutical
- Food
- Feed
- Spain Licorice Extract Powder Market, by Applications
- Pharmaceuticals
- Tobacco
- Food & Beverages
- Other Applications
- Spain Licorice Extract Powder Market, by Forms
-
Rest of Europe
- Rest of Europe Licorice Extract Powder Market, by Forms
- Powder
- Paste
- Blocks
- Rest of Europe Licorice Extract Powder Market, by Product Grades
- Pharmaceutical
- Food
- Feed
- Rest of Europe Licorice Extract Powder Market, by Applications
- Pharmaceuticals
- Tobacco
- Food & Beverages
- Other Applications
- Rest of Europe Licorice Extract Powder Market, by Forms
-
Europe Licorice Extract Powder Market, by Forms
- Asia Pacific
-
Asia Pacific Licorice Extract Powder Market, by Forms
- Powder
- Paste
- Blocks
-
Asia Pacific Licorice Extract Powder Market, by Product Grades
- Pharmaceutical
- Food
- Feed
-
Asia Pacific Licorice Extract Powder Market, by Applications
- Pharmaceuticals
- Tobacco
- Food & Beverages
- Other Applications
- China
- China Licorice Extract Powder Market, by Forms
- Powder
- Paste
- Blocks
- China Licorice Extract Powder Market, by Product Grades
- Pharmaceutical
- Food
- Feed
- China Licorice Extract Powder Market, by Applications
- Pharmaceuticals
- Tobacco
- Food & Beverages
- Other Applications
- China Licorice Extract Powder Market, by Forms
- Japan
- Japan Licorice Extract Powder Market, by Forms
- Powder
- Paste
- Blocks
- Japan Licorice Extract Powder Market, by Product Grades
- Pharmaceutical
- Food
- Feed
- Japan Licorice Extract Powder Market, by Applications
- Pharmaceuticals
- Tobacco
- Food & Beverages
- Other Applications
- Japan Licorice Extract Powder Market, by Forms
-
Germany
- Germany Licorice Extract Powder Market, by Forms
- Powder
- Paste
- Blocks
- Germany Licorice Extract Powder Market, by Product Grades
- Pharmaceutical
- Food
- Feed
- Germany Licorice Extract Powder Market, by Applications
- Pharmaceuticals
- Tobacco
- Food & Beverages
- Other Applications
- Germany Licorice Extract Powder Market, by Forms
-
India
- India Licorice Extract Powder Market, by Forms
- Powder
- Paste
- Blocks
- India Licorice Extract Powder Market, by Product Grades
- Pharmaceutical
- Food
- Feed
- India Licorice Extract Powder Market, by Applications
- Pharmaceuticals
- Tobacco
- Food & Beverages
- Other Applications
- India Licorice Extract Powder Market, by Forms
-
South Korea
- South Korea Licorice Extract Powder Market, by Forms
- Powder
- Paste
- Blocks
- South Korea Licorice Extract Powder Market, by Product Grades
- Pharmaceutical
- Food
- Feed
- South Korea Licorice Extract Powder Market, by Applications
- Pharmaceuticals
- Tobacco
- Food & Beverages
- Other Applications
- South Korea Licorice Extract Powder Market, by Forms
-
South East Asia
- South East Asia Licorice Extract Powder Market, by Forms
- Powder
- Paste
- Blocks
- South East Asia Licorice Extract Powder Market, by Product Grades
- Pharmaceutical
- Food
- Feed
- South East Asia Licorice Extract Powder Market, by Applications
- Pharmaceuticals
- Tobacco
- Food & Beverages
- Other Applications
- South East Asia Licorice Extract Powder Market, by Forms
-
Rest of Asia Pacific
- Rest of Asia Pacific Licorice Extract Powder Market, by Forms
- Powder
- Paste
- Blocks
- Rest of Asia Pacific Licorice Extract Powder Market, by Product Grades
- Pharmaceutical
- Food
- Feed
- Rest of Asia Pacific Licorice Extract Powder Market, by Applications
- Pharmaceuticals
- Tobacco
- Food & Beverages
- Other Applications
- Rest of Asia Pacific Licorice Extract Powder Market, by Forms
-
Asia Pacific Licorice Extract Powder Market, by Forms
- Latin America
-
Latin America Licorice Extract Powder Market, by Forms
- Powder
- Paste
- Blocks
-
Latin America Licorice Extract Powder Market, by Product Grades
- Pharmaceutical
- Food
- Feed
-
Latin America Licorice Extract Powder Market, by Applications
- Pharmaceuticals
- Tobacco
- Food & Beverages
- Other Applications
- Brazil
- Brazil Licorice Extract Powder Market, by Forms
- Powder
- Paste
- Blocks
- Brazil Licorice Extract Powder Market, by Product Grades
- Pharmaceutical
- Food
- Feed
- Brazil Licorice Extract Powder Market, by Applications
- Pharmaceuticals
- Tobacco
- Food & Beverages
- Other Applications
- Brazil Licorice Extract Powder Market, by Forms
- Argentina
- Argentina Licorice Extract Powder Market, by Forms
- Powder
- Paste
- Blocks
- Argentina Licorice Extract Powder Market, by Product Grades
- Pharmaceutical
- Food
- Feed
- Argentina Licorice Extract Powder Market, by Applications
- Pharmaceuticals
- Tobacco
- Food & Beverages
- Other Applications
- Argentina Licorice Extract Powder Market, by Forms
-
Rest of Latin America
- Rest of Latin America Licorice Extract Powder Market, by Forms
- Powder
- Paste
- Blocks
- Rest of Latin America Licorice Extract Powder Market, by Product Grades
- Pharmaceutical
- Food
- Feed
- Rest of Latin America Licorice Extract Powder Market, by Applications
- Pharmaceuticals
- Tobacco
- Food & Beverages
- Other Applications
- Rest of Latin America Licorice Extract Powder Market, by Forms
-
Latin America Licorice Extract Powder Market, by Forms
- Middle East & Africa
-
Middle East & Africa Licorice Extract Powder Market, by Forms
- Powder
- Paste
- Blocks
-
Middle East & Africa Licorice Extract Powder Market, by Product Grades
- Pharmaceutical
- Food
- Feed
-
Middle East & Africa Licorice Extract Powder Market, by Applications
- Pharmaceuticals
- Tobacco
- Food & Beverages
- Other Applications
- GCC Countries
- GCC Countries Licorice Extract Powder Market, by Forms
- Powder
- Paste
- Blocks
- GCC Countries Licorice Extract Powder Market, by Product Grades
- Pharmaceutical
- Food
- Feed
- GCC Countries Licorice Extract Powder Market, by Applications
- Pharmaceuticals
- Tobacco
- Food & Beverages
- Other Applications
- GCC Countries Licorice Extract Powder Market, by Forms
- South Africa
- South Africa Licorice Extract Powder Market, by Forms
- Powder
- Paste
- Blocks
- South Africa Licorice Extract Powder Market, by Product Grades
- Pharmaceutical
- Food
- Feed
- South Africa Licorice Extract Powder Market, by Applications
- Pharmaceuticals
- Tobacco
- Food & Beverages
- Other Applications
- South Africa Licorice Extract Powder Market, by Forms
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Licorice Extract Powder Market, by Forms
- Powder
- Paste
- Blocks
- Rest of Middle East & Africa Licorice Extract Powder Market, by Product Grades
- Pharmaceutical
- Food
- Feed
- Rest of Middle East & Africa Licorice Extract Powder Market, by Applications
- Pharmaceuticals
- Tobacco
- Food & Beverages
- Other Applications
- Rest of Middle East & Africa Licorice Extract Powder Market, by Forms
-
Middle East & Africa Licorice Extract Powder Market, by Forms
- North America
FAQ
Frequently Asked Question
What is the global demand for Licorice Extract Powder in terms of revenue?
-
The global Licorice Extract Powder valued at USD 2258.2 Million in 2023 and is expected to reach USD 3543.4 Million in 2030 growing at a CAGR of 6.60%.
Which are the prominent players in the market?
-
The prominent players in the market are Norevo GmbH (Germany), F&C Licorice Ltd. (Israel), Mafco Worldwide LLC (US), Zagros Licorice Co (Iran), VPL Chemicals Pvt. Ltd. (India), SepidanOsareh Co. (Iran), ASEH Licorice MFG & Exp. Co. (Iran), Maruzen Pharmaceuticals Co. Ltd. (Japan), Zelang Group (China), Ransom Naturals Ltd. (UK).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 6.60% between 2024 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Licorice Extract Powder include
- Multiple benefits of licorice extracts to drive market expansion
Which region accounted for the largest share in the market?
-
Europe was the leading regional segment of the Licorice Extract Powder in 2023.