Summary

Global Liquorice Market 2024-2028
The liquorice market is forecasted to grow by USD 676 mn during 2023-2028, accelerating AT a CAGR of 5.97% during the forecast period. The report on the liquorice market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for food and beverages with herbal ingredients, growing adoption of herbal medicine, and rising demand for cigars and smoking tobacco products.
Technavio's liquorice market is segmented as below:
By Grade Type
• Food grade
• Feed grade
• Pharmaceutical grade
By Application
• Food and beverages
• Pharmaceuticals
• Tobacco
• Others
By Geography
• APAC
• Europe
• North America
• Middle East and Africa
• South America
This study identifies the immunity-boosting properties of herbal extracts as one of the prime reasons driving the liquorice market growth during the next few years. Also, growing e-commerce industry and growing research for treatment of cancer using liquorice will lead to sizable demand in the market.
The report on the liquorice market covers the following areas:
• Liquorice market sizing
• Liquorice market forecast
• Liquorice market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading liquorice market vendors that include AOS Products Pvt. Ltd., Aushadhi Herbal, Avestia Pharma, Beijing Gingko Group, Botanic Healthcare Group, C.E. Roeper GmbH, Extroil Naturals, F and C Licorice Ltd., Glycyrrhiza Glabra Co. Ltd., HB Natural Ingredients, Herbal Creations, Mafco Worldwide LLC, Maruzen Pharmaceutical Co. Ltd., Norevo GmbH, Nutra Green Biotechnology Co. Ltd., Ransom Naturals Ltd., Sepidan Osareh Jonoob Co., Shaanxi FUJIE Pharmaceutical Co. Ltd., Shirin Daru Co., and Zagros Licorice co.. Also, the liquorice market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors. For further information on this report, please visit - https://www.technavio.com/report/liquorice-market-analysis
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. IT presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

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Table of Contents

• 1 Executive Summary
o 1.1 Market overview
o Executive Summary - Chart on Market Overview
o Executive Summary - Data Table on Market Overview
o Executive Summary - Chart on Global Market Characteristics
o Executive Summary - Chart on Market by Geography
o Executive Summary - Chart on Market Segmentation by Grade Type
o Executive Summary - Chart on Market Segmentation by Application
o Executive Summary - Chart on Incremental Growth
o Executive Summary - Data Table on Incremental Growth
o Executive Summary - Chart on Company Market Positioning
• 2 Market Landscape
o 2.1 Market ecosystem
o Parent Market
o Data Table on - Parent Market
o 2.2 Market characteristics
o Market characteristics analysis
o 2.3 Value chain analysis
o Value Chain Analysis
• 3 Market Sizing
o 3.1 Market definition
o Offerings of companies included in the market definition
o 3.2 Market segment analysis
o Market segments
o 3.3 Market size 2023
o 3.4 Market outlook: Forecast for 2023-2028
o Chart on Global - Market size and forecast 2023-2028 ($ million)
o Data Table on Global - Market size and forecast 2023-2028 ($ million)
o Chart on Global Market: Year-over-year growth 2023-2028 (%)
o Data Table on Global Market: Year-over-year growth 2023-2028 (%)
• 4 Historic Market Size
o 4.1 Global Liquorice Market 2018 - 2022
o Historic Market Size - Data Table on Global Liquorice Market 2018 - 2022 ($ million)
o 4.2 Grade Type segment analysis 2018 - 2022
o Historic Market Size - Grade Type Segment 2018 - 2022 ($ million)
o 4.3 Application segment analysis 2018 - 2022
o Historic Market Size - Application Segment 2018 - 2022 ($ million)
o 4.4 Geography segment analysis 2018 - 2022
o Historic Market Size - Geography Segment 2018 - 2022 ($ million)
o 4.5 Country segment analysis 2018 - 2022
o Historic Market Size - Country Segment 2018 - 2022 ($ million)
• 5 Five Forces Analysis
o 5.1 Five forces summary
o Five forces analysis - Comparison between 2023 and 2028
o 5.2 Bargaining power of buyers
o Bargaining power of buyers - Impact of key factors 2023 and 2028
o 5.3 Bargaining power of suppliers
o Bargaining power of suppliers - Impact of key factors in 2023 and 2028
o 5.4 Threat of new entrants
o Threat of new entrants - Impact of key factors in 2023 and 2028
o 5.5 Threat of substitutes
o Threat of substitutes - Impact of key factors in 2023 and 2028
o 5.6 Threat of rivalry
o Threat of rivalry - Impact of key factors in 2023 and 2028
o 5.7 Market condition
o Chart on Market condition - Five forces 2023 and 2028
• 6 Market Segmentation by Grade Type
o 6.1 Market segments
o Chart on Grade Type - Market share 2023-2028 (%)
o Data Table on Grade Type - Market share 2023-2028 (%)
o 6.2 Comparison by Grade Type
o Chart on Comparison by Grade Type
o Data Table on Comparison by Grade Type
o 6.3 Food grade - Market size and forecast 2023-2028
o Chart on Food grade - Market size and forecast 2023-2028 ($ million)
o Data Table on Food grade - Market size and forecast 2023-2028 ($ million)
o Chart on Food grade - Year-over-year growth 2023-2028 (%)
o Data Table on Food grade - Year-over-year growth 2023-2028 (%)
o 6.4 Feed grade - Market size and forecast 2023-2028
o Chart on Feed grade - Market size and forecast 2023-2028 ($ million)
o Data Table on Feed grade - Market size and forecast 2023-2028 ($ million)
o Chart on Feed grade - Year-over-year growth 2023-2028 (%)
o Data Table on Feed grade - Year-over-year growth 2023-2028 (%)
o 6.5 Pharmaceutical grade - Market size and forecast 2023-2028
o Chart on Pharmaceutical grade - Market size and forecast 2023-2028 ($ million)
o Data Table on Pharmaceutical grade - Market size and forecast 2023-2028 ($ million)
o Chart on Pharmaceutical grade - Year-over-year growth 2023-2028 (%)
o Data Table on Pharmaceutical grade - Year-over-year growth 2023-2028 (%)
o 6.6 Market opportunity by Grade Type
o Market opportunity by Grade Type ($ million)
o Data Table on Market opportunity by Grade Type ($ million)
• 7 Market Segmentation by Application
o 7.1 Market segments
o Chart on Application - Market share 2023-2028 (%)
o Data Table on Application - Market share 2023-2028 (%)
o 7.2 Comparison by Application
o Chart on Comparison by Application
o Data Table on Comparison by Application
o 7.3 Food and beverages - Market size and forecast 2023-2028
o Chart on Food and beverages - Market size and forecast 2023-2028 ($ million)
o Data Table on Food and beverages - Market size and forecast 2023-2028 ($ million)
o Chart on Food and beverages - Year-over-year growth 2023-2028 (%)
o Data Table on Food and beverages - Year-over-year growth 2023-2028 (%)
o 7.4 Pharmaceuticals - Market size and forecast 2023-2028
o Chart on Pharmaceuticals - Market size and forecast 2023-2028 ($ million)
o Data Table on Pharmaceuticals - Market size and forecast 2023-2028 ($ million)
o Chart on Pharmaceuticals - Year-over-year growth 2023-2028 (%)
o Data Table on Pharmaceuticals - Year-over-year growth 2023-2028 (%)
o 7.5 Tobacco - Market size and forecast 2023-2028
o Chart on Tobacco - Market size and forecast 2023-2028 ($ million)
o Data Table on Tobacco - Market size and forecast 2023-2028 ($ million)
o Chart on Tobacco - Year-over-year growth 2023-2028 (%)
o Data Table on Tobacco - Year-over-year growth 2023-2028 (%)
o 7.6 Others - Market size and forecast 2023-2028
o Chart on Others - Market size and forecast 2023-2028 ($ million)
o Data Table on Others - Market size and forecast 2023-2028 ($ million)
o Chart on Others - Year-over-year growth 2023-2028 (%)
o Data Table on Others - Year-over-year growth 2023-2028 (%)
o 7.7 Market opportunity by Application
o Market opportunity by Application ($ million)
o Data Table on Market opportunity by Application ($ million)
• 8 Customer Landscape
o 8.1 Customer landscape overview
o Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
• 9 Geographic Landscape
o 9.1 Geographic segmentation
o Chart on Market share by geography 2023-2028 (%)
o Data Table on Market share by geography 2023-2028 (%)
o 9.2 Geographic comparison
o Chart on Geographic comparison
o Data Table on Geographic comparison
o 9.3 APAC - Market size and forecast 2023-2028
o Chart on APAC - Market size and forecast 2023-2028 ($ million)
o Data Table on APAC - Market size and forecast 2023-2028 ($ million)
o Chart on APAC - Year-over-year growth 2023-2028 (%)
o Data Table on APAC - Year-over-year growth 2023-2028 (%)
o 9.4 Europe - Market size and forecast 2023-2028
o Chart on Europe - Market size and forecast 2023-2028 ($ million)
o Data Table on Europe - Market size and forecast 2023-2028 ($ million)
o Chart on Europe - Year-over-year growth 2023-2028 (%)
o Data Table on Europe - Year-over-year growth 2023-2028 (%)
o 9.5 North America - Market size and forecast 2023-2028
o Chart on North America - Market size and forecast 2023-2028 ($ million)
o Data Table on North America - Market size and forecast 2023-2028 ($ million)
o Chart on North America - Year-over-year growth 2023-2028 (%)
o Data Table on North America - Year-over-year growth 2023-2028 (%)
o 9.6 Middle East and Africa - Market size and forecast 2023-2028
o Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
o Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
o Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
o Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
o 9.7 South America - Market size and forecast 2023-2028
o Chart on South America - Market size and forecast 2023-2028 ($ million)
o Data Table on South America - Market size and forecast 2023-2028 ($ million)
o Chart on South America - Year-over-year growth 2023-2028 (%)
o Data Table on South America - Year-over-year growth 2023-2028 (%)
o 9.8 China - Market size and forecast 2023-2028
o Chart on China - Market size and forecast 2023-2028 ($ million)
o Data Table on China - Market size and forecast 2023-2028 ($ million)
o Chart on China - Year-over-year growth 2023-2028 (%)
o Data Table on China - Year-over-year growth 2023-2028 (%)
o 9.9 India - Market size and forecast 2023-2028
o Chart on India - Market size and forecast 2023-2028 ($ million)
o Data Table on India - Market size and forecast 2023-2028 ($ million)
o Chart on India - Year-over-year growth 2023-2028 (%)
o Data Table on India - Year-over-year growth 2023-2028 (%)
o 9.10 Germany - Market size and forecast 2023-2028
o Chart on Germany - Market size and forecast 2023-2028 ($ million)
o Data Table on Germany - Market size and forecast 2023-2028 ($ million)
o Chart on Germany - Year-over-year growth 2023-2028 (%)
o Data Table on Germany - Year-over-year growth 2023-2028 (%)
o 9.11 The Netherlands - Market size and forecast 2023-2028
o Chart on The Netherlands - Market size and forecast 2023-2028 ($ million)
o Data Table on The Netherlands - Market size and forecast 2023-2028 ($ million)
o Chart on The Netherlands - Year-over-year growth 2023-2028 (%)
o Data Table on The Netherlands - Year-over-year growth 2023-2028 (%)
o 9.12 US - Market size and forecast 2023-2028
o Chart on US - Market size and forecast 2023-2028 ($ million)
o Data Table on US - Market size and forecast 2023-2028 ($ million)
o Chart on US - Year-over-year growth 2023-2028 (%)
o Data Table on US - Year-over-year growth 2023-2028 (%)
o 9.13 Market opportunity by geography
o Market opportunity by geography ($ million)
o Data Tables on Market opportunity by geography ($ million)
• 10 Drivers, Challenges, and Opportunity/Restraints
o 10.1 Market drivers
o 10.2 Market challenges
o 10.3 Impact of drivers and challenges
o Impact of drivers and challenges in 2023 and 2028
o 10.4 Market opportunities/restraints
• 11 Competitive Landscape
o 11.1 Overview
o 11.2 Competitive Landscape
o Overview on criticality of inputs and factors of differentiation
o 11.3 Landscape disruption
o Overview on factors of disruption
o 11.4 Industry risks
o Impact of key risks on business
• 12 Competitive Analysis
o 12.1 Companies profiled
o Companies covered
o 12.2 Market positioning of companies
o Matrix on companies position and classification
o 12.3 Beijing Gingko Group
o Beijing Gingko Group - Overview
o Beijing Gingko Group - Product / Service
o Beijing Gingko Group - Key news
o Beijing Gingko Group - Key offerings
o 12.4 Botanic Healthcare Group
o Botanic Healthcare Group - Overview
o Botanic Healthcare Group - Product / Service
o Botanic Healthcare Group - Key offerings
o 12.5 C.E. Roeper GmbH
o C.E. Roeper GmbH - Overview
o C.E. Roeper GmbH - Product / Service
o C.E. Roeper GmbH - Key offerings
o 12.6 F and C Licorice Ltd.
o F and C Licorice Ltd. - Overview
o F and C Licorice Ltd. - Product / Service
o F and C Licorice Ltd. - Key offerings
o 12.7 Glycyrrhiza Glabra Co. Ltd.
o Glycyrrhiza Glabra Co. Ltd. - Overview
o Glycyrrhiza Glabra Co. Ltd. - Product / Service
o Glycyrrhiza Glabra Co. Ltd. - Key offerings
o 12.8 HB Natural Ingredients
o HB Natural Ingredients - Overview
o HB Natural Ingredients - Product / Service
o HB Natural Ingredients - Key offerings
o 12.9 Mafco Worldwide LLC
o Mafco Worldwide LLC - Overview
o Mafco Worldwide LLC - Product / Service
o Mafco Worldwide LLC - Key offerings
o 12.10 Maruzen Pharmaceutical Co. Ltd.
o Maruzen Pharmaceutical Co. Ltd. - Overview
o Maruzen Pharmaceutical Co. Ltd. - Product / Service
o Maruzen Pharmaceutical Co. Ltd. - Key news
o Maruzen Pharmaceutical Co. Ltd. - Key offerings
o 12.11 Norevo GmbH
o Norevo GmbH - Overview
o Norevo GmbH - Product / Service
o Norevo GmbH - Key offerings
o 12.12 Nutra Green Biotechnology Co. Ltd.
o Nutra Green Biotechnology Co. Ltd. - Overview
o Nutra Green Biotechnology Co. Ltd. - Product / Service
o Nutra Green Biotechnology Co. Ltd. - Key offerings
o 12.13 Ransom Naturals Ltd.
o Ransom Naturals Ltd. - Overview
o Ransom Naturals Ltd. - Product / Service
o Ransom Naturals Ltd. - Key offerings
o 12.14 Sepidan Osareh Jonoob Co.
o Sepidan Osareh Jonoob Co. - Overview
o Sepidan Osareh Jonoob Co. - Product / Service
o Sepidan Osareh Jonoob Co. - Key offerings
o 12.15 Shaanxi FUJIE Pharmaceutical Co. Ltd.
o Shaanxi FUJIE Pharmaceutical Co. Ltd. - Overview
o Shaanxi FUJIE Pharmaceutical Co. Ltd. - Product / Service
o Shaanxi FUJIE Pharmaceutical Co. Ltd. - Key offerings
o 12.16 Shirin Daru Co.
o Shirin Daru Co. - Overview
o Shirin Daru Co. - Product / Service
o Shirin Daru Co. - Key offerings
o 12.17 Zagros Licorice co.
o Zagros Licorice co. - Overview
o Zagros Licorice co. - Product / Service
o Zagros Licorice co. - Key offerings
• 13 Appendix
o 13.1 Scope of the report
o 13.2 Inclusions and exclusions checklist
o Inclusions checklist
o Exclusions checklist
o 13.3 Currency conversion rates for US$
o Currency conversion rates for US$
o 13.4 Research methodology
o Research methodology
o 13.5 Data procurement
o Information sources
o 13.6 Data validation
o Data validation
o 13.7 Validation techniques employed for market sizing
o Validation techniques employed for market sizing
o 13.8 Data synthesis
o Data synthesis
o 13.9 360 degree market analysis
o 360 degree market analysis
o 13.10 List of abbreviations
o List of abbreviations