Frequently Asked Questions
The market is segmented based on , By Product Form (Roots and Extracts), Product Type (Essential Oils, Liquid Malt Extract, Oleoresins, Herbs and Spices Dry Malt Extract, and Malt Flour), Function Type (Performance Enhancers and Palatability Enhancers), Grade Type (Standard Malt, Caramelized Malt, and Roasted Malt), Raw Material Type (Maize, Barley, Wheat, Rice, Rye, and Oat), Ingredient Type (Lipids, Protein, Polysaccharide, and Others), End User (Food and Beverage Industry, Tobacco Industry, Pharmaceutical Industry, Cosmetic Industry, and Dietary Supplement) – Industry Trends and Forecast to 2031.
.
The Global Licorice Root Market size was valued at USD 4.20 USD Billion in 2023.
The Global Licorice Root Market is projected to grow at a CAGR of 3.7% during the forecast period of 2024 to 2031.
The major players operating in the market include Iran Medical Herb, FanavaraneTosee SanateGharb, Glycyrrhiza Glabra, Naturex, NOREVO, Green Agro Invest, Hepner & Eschenbrenner, MARUZEN PHARMACEUTICALS, Nutra Green Biotechnology.
The market report covers data from the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
