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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
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2023 |
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2024 - 2030 |
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2018 - 2022 |
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USD 2258.2 Million |
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USD 3543.4 Million |
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6.60% |
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Asia Pacific |
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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
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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.