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
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Executive Dashboard
- Strategic Imperatives
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Premium Insights
- Top 3 Trends to Watch
- Demand and Supply Trends
- Top 3 Strategies Followed by Major Players
- Top 3 Predictions by Vantage Market Research
- Top Investment Pockets
- Insights from Primary Respondents
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Global Licorice Extract Powder Market - Segment Analysis
- Overview
- Global Licorice Extract Powder Market, 2016 - 2028 (USD Million)
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Global Licorice Extract Powder Market - by Forms
- By Powder
- By Paste
- By Blocks
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Global Licorice Extract Powder Market - by Product Grades
- By Pharmaceutical
- By Food
- By Feed
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Global Licorice Extract Powder Market - by Applications
- By Pharmaceuticals
- By Tobacco
- By Food & Beverages
- By Other Applications
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Global Licorice Extract Powder Market - by region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Market comparative analysis
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North America Licorice Extract Powder Market - Segment Analysis
- Overview
- North America Licorice Extract Powder Market, 2016 - 2028 (USD Million)
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North America Licorice Extract Powder Market, by Forms
- By Powder
- By Paste
- By Blocks
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North America Licorice Extract Powder Market, by Product Grades
- By Pharmaceutical
- By Food
- By Feed
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North America Licorice Extract Powder Market, by Applications
- By Pharmaceuticals
- By Tobacco
- By Food & Beverages
- By Other Applications
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North America Licorice Extract Powder Market, by Country
- U.S.
- U.S. Licorice Extract Powder Market, By Forms
- By Powder
- By Paste
- By Blocks
- U.S. Licorice Extract Powder Market, By Product Grades
- By Pharmaceutical
- By Food
- By Feed
- U.S. Licorice Extract Powder Market, By Applications
- By Pharmaceuticals
- By Tobacco
- By Food & Beverages
- By Other Applications
- U.S. Licorice Extract Powder Market, By Forms
- Canada
- Canada Licorice Extract Powder Market, By Forms
- By Powder
- By Paste
- By Blocks
- Canada Licorice Extract Powder Market, By Product Grades
- By Pharmaceutical
- By Food
- By Feed
- Canada Licorice Extract Powder Market, By Applications
- By Pharmaceuticals
- By Tobacco
- By Food & Beverages
- By Other Applications
- Canada Licorice Extract Powder Market, By Forms
- Mexico
- Mexico Licorice Extract Powder Market, By Forms
- By Powder
- By Paste
- By Blocks
- Mexico Licorice Extract Powder Market, By Product Grades
- By Pharmaceutical
- By Food
- By Feed
- Mexico Licorice Extract Powder Market, By Applications
- By Pharmaceuticals
- By Tobacco
- By Food & Beverages
- By Other Applications
- Mexico Licorice Extract Powder Market, By Forms
- U.S.
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Europe Licorice Extract Powder Market - Segment Analysis
- Overview
- Europe Licorice Extract Powder Market, 2016 - 2028 (USD Million)
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Europe Licorice Extract Powder Market, by Forms
- By Powder
- By Paste
- By Blocks
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Europe Licorice Extract Powder Market, by Product Grades
- By Pharmaceutical
- By Food
- By Feed
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Europe Licorice Extract Powder Market, by Applications
- By Pharmaceuticals
- By Tobacco
- By Food & Beverages
- By Other Applications
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Europe Licorice Extract Powder Market, by Country
- Germany
- Germany Licorice Extract Powder Market, By Forms
- By Powder
- By Paste
- By Blocks
- Germany Licorice Extract Powder Market, By Product Grades
- By Pharmaceutical
- By Food
- By Feed
- Germany Licorice Extract Powder Market, By Applications
- By Pharmaceuticals
- By Tobacco
- By Food & Beverages
- By Other Applications
- Germany Licorice Extract Powder Market, By Forms
- UK
- UK Market, By Forms
- By Powder
- By Paste
- By Blocks
- UK Market, By Product Grades
- By Pharmaceutical
- By Food
- By Feed
- UK Market, By Applications
- By Pharmaceuticals
- By Tobacco
- By Food & Beverages
- By Other Applications
- UK Market, By Forms
- France
- France Licorice Extract Powder Market, By Forms
- By Powder
- By Paste
- By Blocks
- France Licorice Extract Powder Market, By Product Grades
- By Pharmaceutical
- By Food
- By Feed
- France Licorice Extract Powder Market, By Applications
- By Pharmaceuticals
- By Tobacco
- By Food & Beverages
- By Other Applications
- France Licorice Extract Powder Market, By Forms
- Spain
- Spain Licorice Extract Powder Market, By Forms
- By Powder
- By Paste
- By Blocks
- Spain Licorice Extract Powder Market, By Product Grades
- By Pharmaceutical
- By Food
- By Feed
- Spain Licorice Extract Powder Market, By Applications
- By Pharmaceuticals
- By Tobacco
- By Food & Beverages
- By Other Applications
- Spain Licorice Extract Powder Market, By Forms
- Italy
- Italy Licorice Extract Powder Market, By Forms
- By Powder
- By Paste
- By Blocks
- Italy Licorice Extract Powder Market, By Product Grades
- By Pharmaceutical
- By Food
- By Feed
- Italy Licorice Extract Powder Market, By Applications
- By Pharmaceuticals
- By Tobacco
- By Food & Beverages
- By Other Applications
- Italy Licorice Extract Powder Market, By Forms
- BENELUX
- BENELUX Licorice Extract Powder Market, By Forms
- By Powder
- By Paste
- By Blocks
- BENELUX Licorice Extract Powder Market, By Product Grades
- By Pharmaceutical
- By Food
- By Feed
- BENELUX Licorice Extract Powder Market, By Applications
- By Pharmaceuticals
- By Tobacco
- By Food & Beverages
- By Other Applications
- BENELUX Licorice Extract Powder Market, By Forms
- Rest of Europe
- Rest Of Europe Licorice Extract Powder Market, By Forms
- By Powder
- By Paste
- By Blocks
- Rest Of Europe Licorice Extract Powder Market, By Product Grades
- By Pharmaceutical
- By Food
- By Feed
- Rest Of Europe Licorice Extract Powder Market, By Applications
- By Pharmaceuticals
- By Tobacco
- By Food & Beverages
- By Other Applications
- Rest Of Europe Licorice Extract Powder Market, By Forms
- Germany
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Asia Pacific Licorice Extract Powder Market - Segment Analysis
- Overview
- Asia Pacific Licorice Extract Powder Market, 2016 - 2028 (USD Million)
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Asia Pacific Licorice Extract Powder Market, by Forms
- By Powder
- By Paste
- By Blocks
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Asia Pacific Licorice Extract Powder Market, by Product Grades
- By Pharmaceutical
- By Food
- By Feed
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Asia Pacific Licorice Extract Powder Market, by Applications
- By Pharmaceuticals
- By Tobacco
- By Food & Beverages
- By Other Applications
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Asia Pacific Licorice Extract Powder Market, by Country
- China
- China Licorice Extract Powder Market, By Forms
- By Powder
- By Paste
- By Blocks
- China Licorice Extract Powder Market, By Product Grades
- By Pharmaceutical
- By Food
- By Feed
- China Licorice Extract Powder Market, By Applications
- By Pharmaceuticals
- By Tobacco
- By Food & Beverages
- By Other Applications
- China Licorice Extract Powder Market, By Forms
- Japan
- Japan Licorice Extract Powder Market, By Forms
- By Powder
- By Paste
- By Blocks
- Japan Licorice Extract Powder Market, By Product Grades
- By Pharmaceutical
- By Food
- By Feed
- Japan Licorice Extract Powder Market, By Applications
- By Pharmaceuticals
- By Tobacco
- By Food & Beverages
- By Other Applications
- Japan Licorice Extract Powder Market, By Forms
- India
- India Licorice Extract Powder Market, By Forms
- By Powder
- By Paste
- By Blocks
- India Licorice Extract Powder Market, By Product Grades
- By Pharmaceutical
- By Food
- By Feed
- India Licorice Extract Powder Market, By Applications
- By Pharmaceuticals
- By Tobacco
- By Food & Beverages
- By Other Applications
- India Licorice Extract Powder Market, By Forms
- South Korea
- South Korea Licorice Extract Powder Market, By Forms
- By Powder
- By Paste
- By Blocks
- South Korea Licorice Extract Powder Market, By Product Grades
- By Pharmaceutical
- By Food
- By Feed
- South Korea Licorice Extract Powder Market, By Applications
- By Pharmaceuticals
- By Tobacco
- By Food & Beverages
- By Other Applications
- South Korea Licorice Extract Powder Market, By Forms
- South East Asia
- South East Asia Licorice Extract Powder Market, By Forms
- By Powder
- By Paste
- By Blocks
- South East Asia Licorice Extract Powder Market, By Product Grades
- By Pharmaceutical
- By Food
- By Feed
- South East Asia Licorice Extract Powder Market, By Applications
- By Pharmaceuticals
- By Tobacco
- By Food & Beverages
- By 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
- By Powder
- By Paste
- By Blocks
- Rest of Asia Pacific Licorice Extract Powder Market, By Product Grades
- By Pharmaceutical
- By Food
- By Feed
- Rest of Asia Pacific Licorice Extract Powder Market, By Applications
- By Pharmaceuticals
- By Tobacco
- By Food & Beverages
- By Other Applications
- Rest of Asia Pacific Licorice Extract Powder Market, By Forms
- China
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Latin America Licorice Extract Powder Market - Segment Analysis
- Overview
- Latin America Licorice Extract Powder Market, 2016 - 2028 (USD Million)
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Latin America Licorice Extract Powder Market, by Forms
- By Powder
- By Paste
- By Blocks
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Latin America Licorice Extract Powder Market, by Product Grades
- By Pharmaceutical
- By Food
- By Feed
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Latin America Licorice Extract Powder Market, by Applications
- By Pharmaceuticals
- By Tobacco
- By Food & Beverages
- By Other Applications
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Latin America Licorice Extract Powder Market, by Country
- Brazil
- Brazil Licorice Extract Powder Market, By Forms
- By Powder
- By Paste
- By Blocks
- Brazil Licorice Extract Powder Market, By Product Grades
- By Pharmaceutical
- By Food
- By Feed
- Brazil Licorice Extract Powder Market, By Applications
- By Pharmaceuticals
- By Tobacco
- By Food & Beverages
- By Other Applications
- Brazil Licorice Extract Powder Market, By Forms
- Argentina
- Argentina Licorice Extract Powder Market, By Forms
- By Powder
- By Paste
- By Blocks
- Argentina Licorice Extract Powder Market, By Product Grades
- By Pharmaceutical
- By Food
- By Feed
- Argentina Licorice Extract Powder Market, By Applications
- By Pharmaceuticals
- By Tobacco
- By Food & Beverages
- By Other Applications
- Argentina Licorice Extract Powder Market, By Forms
- Rest of Latin America
- Rest of Latin America Licorice Extract Powder Market, By Forms
- By Powder
- By Paste
- By Blocks
- Rest of Latin America Licorice Extract Powder Market, By Product Grades
- By Pharmaceutical
- By Food
- By Feed
- Rest of Latin America Licorice Extract Powder Market, By Applications
- By Pharmaceuticals
- By Tobacco
- By Food & Beverages
- By Other Applications
- Rest of Latin America Licorice Extract Powder Market, By Forms
- Brazil
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Middle East & Africa Licorice Extract Powder Market - Segment Analysis
- Overview
- Middle East & Africa Licorice Extract Powder Market, 2016 - 2028 (USD Million)
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Middle East & Africa Licorice Extract Powder Market, by Forms
- By Powder
- By Paste
- By Blocks
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Middle East & Africa Licorice Extract Powder Market, by Product Grades
- By Pharmaceutical
- By Food
- By Feed
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Middle East & Africa Licorice Extract Powder Market, by Applications
- By Pharmaceuticals
- By Tobacco
- By Food & Beverages
- By Other Applications
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Middle East & Africa Licorice Extract Powder Market, by Country
- GCC Countries
- GCC Countries Licorice Extract Powder Market, By Forms
- By Powder
- By Paste
- By Blocks
- GCC Countries Licorice Extract Powder Market, By Product Grades
- By Pharmaceutical
- By Food
- By Feed
- GCC Countries Licorice Extract Powder Market, By Applications
- By Pharmaceuticals
- By Tobacco
- By Food & Beverages
- By Other Applications
- GCC Countries Licorice Extract Powder Market, By Forms
- South Africa
- South Africa Licorice Extract Powder Market, By Forms
- By Powder
- By Paste
- By Blocks
- South Africa Licorice Extract Powder Market, By Product Grades
- By Pharmaceutical
- By Food
- By Feed
- South Africa Licorice Extract Powder Market, By Applications
- By Pharmaceuticals
- By Tobacco
- By Food & Beverages
- By 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
- By Powder
- By Paste
- By Blocks
- Rest of Middle East & Africa Licorice Extract Powder Market, By Product Grades
- By Pharmaceutical
- By Food
- By Feed
- Rest of Middle East & Africa Licorice Extract Powder Market, By Applications
- By Pharmaceuticals
- By Tobacco
- By Food & Beverages
- By Other Applications
- Rest of Middle East & Africa Licorice Extract Powder Market, By Forms
- GCC Countries
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Key Market Dynamics
- Introduction
- Market Drivers
- Market Restraints
- Market Opportunities
- Porter's Five Forces Analysis
- PEST Analysis
- Regulatory Landscape
- Technology Landscape
- Regional Market Trends
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COVID 19 Impact Analysis
- Key strategies undertaken by companies to tackle COVID-19
- Short term dynamics
- Long term dynamics
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Marketing Stratagy Analysis
- Marketing Channel
- Direct Marketing
- Indirect Marketing
- Marketing Channel Development Trends
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Competative Landscape
- Competition Matrix - 2021
- Company Market Share Analysis - 2021
- Key Company Activities, 2018 - 2021
- Strategic Developments - Heat Map Analysis
- Company Offering Evaluation
- Company Regional Presence Evaluation
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Company Profiles
- 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)
- Key Primary Respondents - VERBATIM
- Discussion Guide
- Customization Offered
- Annexure
- List of Figures
- List of Tables
- List of Abbreviations
FAQ
Frequently Asked Question
What is the global demand for Licorice Extract Powder in terms of revenue?
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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?
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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?
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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.
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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?
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Europe was the leading regional segment of the Licorice Extract Powder in 2023.