Report Detail

Request for Sample of this report

Food & Beverages Global Licorice Candy Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032

  • RnM4672374
    • |
  • 16 February, 2026
    • |
  • Global
    • |
  • 130 Pages
    • |
  • GIR
    • |
  • Food & Beverages

According to our (Global Info Research) latest study, the global Licorice Candy market size was valued at US$ 1650 million in 2025 and is forecast to a readjusted size of US$ 2298 million by 2032 with a CAGR of 4.7% during review period.
Licorice Candy is a type of confectionery that is flavoured with licorice extract. It can come in various forms, such as twists, ropes, bites, or even coated in chocolate. Licorice Candy has a distinct sweet and slightly salty flavor that is loved by many people. It is often enjoyed as a treat or snack and can be found in many candy stores and supermarkets.
In 2025, global Licorice Candy production reached approximately 196,184 tons, with an average global market price of around US$ 8,176 per ton.
The Licorice Candy industry is seeing steady global growth, driven by core trends including a prominent shift toward health-oriented products such as sugar-free, low-sugar and organic variants, the rise of functional liquorice candy with throat-soothing, immune-boosting properties rooted in the food-medicine homology concept, flavor innovation featuring fruit and herbal blends as well as gourmet premium lines, the expansion of online sales channels like e-commerce and live streaming, the adoption of eco-friendly packaging, and accelerated market penetration in emerging regions such as the Asia-Pacific and the Middle East & Africa, alongside technological upgrades in intelligent production and green manufacturing processes; key opportunities lie in the surging consumer demand for natural, plant-based healthy snacks, policy dividends from regulations like the EU’s plant-based food new rules and China’s TCM development plans, huge growth potential in emerging markets fueled by consumption upgrading, technological innovations such as bio-extraction and 3D printing that reduce raw material costs and drive product upgrading, and the expansion of application scenarios through cross-border co-branding and the extension of functional attributes to oral care and sleep aid; meanwhile, the industry faces notable challenges including the raw material crunch with reduced output and declining quality of high-content liquorice leading to volatile and rising raw material costs, regional differences in taste preferences that hinder global market expansion, higher production costs and sensory balance difficulties in developing sugar-free formulations with natural sweeteners, stricter cross-regional food additive and labeling regulations increasing compliance costs, and intensified homogeneous competition as well as rising market concentration driven by head enterprise mergers and acquisitions pressuring small and medium-sized brands.
This report is a detailed and comprehensive analysis for global Licorice Candy market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Licorice Candy market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2021-2032
Global Licorice Candy market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2021-2032
Global Licorice Candy market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2021-2032
Global Licorice Candy market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Licorice Candy
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Licorice Candy market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Hershey, Haribo, Tootsie, American Licorice Company (Red Vines), Darrell Lea, Fini Company, Perfetti Van Melle, Lakrids, Kenny’s Candy, Halva, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Licorice Candy market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Original Black Licorice
Fruit Flavored Candy
Market segment by Processing Technology
Hard Licorice Candy
Soft Licorice Candy
Market segment by Formula Composition
Pure Liquorice Formulation
Herbal Compound Licorice Candy
Others
Market segment by Application
Supermarket
Online Sales
Convenient Store
Major players covered
Hershey
Haribo
Tootsie
American Licorice Company (Red Vines)
Darrell Lea
Fini Company
Perfetti Van Melle
Lakrids
Kenny’s Candy
Halva
RJ's Licorice
Cloetta
Switzer’s Authentic Candy
Gimbals Fine Candies
Panda
Katjes
Toms Group
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Licorice Candy product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Licorice Candy, with price, sales quantity, revenue, and global market share of Licorice Candy from 2021 to 2026.
Chapter 3, the Licorice Candy competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Licorice Candy breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Licorice Candy market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Licorice Candy.
Chapter 14 and 15, to describe Licorice Candy sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Licorice Candy Consumption Value by Type: 2021 Versus 2025 Versus 2032
    • 1.3.2 Original Black Licorice
    • 1.3.3 Fruit Flavored Candy
  • 1.4 Market Analysis by Processing Technology
    • 1.4.1 Overview: Global Licorice Candy Consumption Value by Processing Technology: 2021 Versus 2025 Versus 2032
    • 1.4.2 Hard Licorice Candy
    • 1.4.3 Soft Licorice Candy
  • 1.5 Market Analysis by Formula Composition
    • 1.5.1 Overview: Global Licorice Candy Consumption Value by Formula Composition: 2021 Versus 2025 Versus 2032
    • 1.5.2 Pure Liquorice Formulation
    • 1.5.3 Herbal Compound Licorice Candy
    • 1.5.4 Others
  • 1.6 Market Analysis by Application
    • 1.6.1 Overview: Global Licorice Candy Consumption Value by Application: 2021 Versus 2025 Versus 2032
    • 1.6.2 Supermarket
    • 1.6.3 Online Sales
    • 1.6.4 Convenient Store
  • 1.7 Global Licorice Candy Market Size & Forecast
    • 1.7.1 Global Licorice Candy Consumption Value (2021 & 2025 & 2032)
    • 1.7.2 Global Licorice Candy Sales Quantity (2021-2032)
    • 1.7.3 Global Licorice Candy Average Price (2021-2032)

2 Manufacturers Profiles

  • 2.1 Hershey
    • 2.1.1 Hershey Details
    • 2.1.2 Hershey Major Business
    • 2.1.3 Hershey Licorice Candy Product and Services
    • 2.1.4 Hershey Licorice Candy Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.1.5 Hershey Recent Developments/Updates
  • 2.2 Haribo
    • 2.2.1 Haribo Details
    • 2.2.2 Haribo Major Business
    • 2.2.3 Haribo Licorice Candy Product and Services
    • 2.2.4 Haribo Licorice Candy Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.2.5 Haribo Recent Developments/Updates
  • 2.3 Tootsie
    • 2.3.1 Tootsie Details
    • 2.3.2 Tootsie Major Business
    • 2.3.3 Tootsie Licorice Candy Product and Services
    • 2.3.4 Tootsie Licorice Candy Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.3.5 Tootsie Recent Developments/Updates
  • 2.4 American Licorice Company (Red Vines)
    • 2.4.1 American Licorice Company (Red Vines) Details
    • 2.4.2 American Licorice Company (Red Vines) Major Business
    • 2.4.3 American Licorice Company (Red Vines) Licorice Candy Product and Services
    • 2.4.4 American Licorice Company (Red Vines) Licorice Candy Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.4.5 American Licorice Company (Red Vines) Recent Developments/Updates
  • 2.5 Darrell Lea
    • 2.5.1 Darrell Lea Details
    • 2.5.2 Darrell Lea Major Business
    • 2.5.3 Darrell Lea Licorice Candy Product and Services
    • 2.5.4 Darrell Lea Licorice Candy Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.5.5 Darrell Lea Recent Developments/Updates
  • 2.6 Fini Company
    • 2.6.1 Fini Company Details
    • 2.6.2 Fini Company Major Business
    • 2.6.3 Fini Company Licorice Candy Product and Services
    • 2.6.4 Fini Company Licorice Candy Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.6.5 Fini Company Recent Developments/Updates
  • 2.7 Perfetti Van Melle
    • 2.7.1 Perfetti Van Melle Details
    • 2.7.2 Perfetti Van Melle Major Business
    • 2.7.3 Perfetti Van Melle Licorice Candy Product and Services
    • 2.7.4 Perfetti Van Melle Licorice Candy Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.7.5 Perfetti Van Melle Recent Developments/Updates
  • 2.8 Lakrids
    • 2.8.1 Lakrids Details
    • 2.8.2 Lakrids Major Business
    • 2.8.3 Lakrids Licorice Candy Product and Services
    • 2.8.4 Lakrids Licorice Candy Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.8.5 Lakrids Recent Developments/Updates
  • 2.9 Kenny’s Candy
    • 2.9.1 Kenny’s Candy Details
    • 2.9.2 Kenny’s Candy Major Business
    • 2.9.3 Kenny’s Candy Licorice Candy Product and Services
    • 2.9.4 Kenny’s Candy Licorice Candy Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.9.5 Kenny’s Candy Recent Developments/Updates
  • 2.10 Halva
    • 2.10.1 Halva Details
    • 2.10.2 Halva Major Business
    • 2.10.3 Halva Licorice Candy Product and Services
    • 2.10.4 Halva Licorice Candy Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.10.5 Halva Recent Developments/Updates
  • 2.11 RJ's Licorice
    • 2.11.1 RJ's Licorice Details
    • 2.11.2 RJ's Licorice Major Business
    • 2.11.3 RJ's Licorice Licorice Candy Product and Services
    • 2.11.4 RJ's Licorice Licorice Candy Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.11.5 RJ's Licorice Recent Developments/Updates
  • 2.12 Cloetta
    • 2.12.1 Cloetta Details
    • 2.12.2 Cloetta Major Business
    • 2.12.3 Cloetta Licorice Candy Product and Services
    • 2.12.4 Cloetta Licorice Candy Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.12.5 Cloetta Recent Developments/Updates
  • 2.13 Switzer’s Authentic Candy
    • 2.13.1 Switzer’s Authentic Candy Details
    • 2.13.2 Switzer’s Authentic Candy Major Business
    • 2.13.3 Switzer’s Authentic Candy Licorice Candy Product and Services
    • 2.13.4 Switzer’s Authentic Candy Licorice Candy Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.13.5 Switzer’s Authentic Candy Recent Developments/Updates
  • 2.14 Gimbals Fine Candies
    • 2.14.1 Gimbals Fine Candies Details
    • 2.14.2 Gimbals Fine Candies Major Business
    • 2.14.3 Gimbals Fine Candies Licorice Candy Product and Services
    • 2.14.4 Gimbals Fine Candies Licorice Candy Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.14.5 Gimbals Fine Candies Recent Developments/Updates
  • 2.15 Panda
    • 2.15.1 Panda Details
    • 2.15.2 Panda Major Business
    • 2.15.3 Panda Licorice Candy Product and Services
    • 2.15.4 Panda Licorice Candy Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.15.5 Panda Recent Developments/Updates
  • 2.16 Katjes
    • 2.16.1 Katjes Details
    • 2.16.2 Katjes Major Business
    • 2.16.3 Katjes Licorice Candy Product and Services
    • 2.16.4 Katjes Licorice Candy Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.16.5 Katjes Recent Developments/Updates
  • 2.17 Toms Group
    • 2.17.1 Toms Group Details
    • 2.17.2 Toms Group Major Business
    • 2.17.3 Toms Group Licorice Candy Product and Services
    • 2.17.4 Toms Group Licorice Candy Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.17.5 Toms Group Recent Developments/Updates

3 Competitive Environment: Licorice Candy by Manufacturer

  • 3.1 Global Licorice Candy Sales Quantity by Manufacturer (2021-2026)
  • 3.2 Global Licorice Candy Revenue by Manufacturer (2021-2026)
  • 3.3 Global Licorice Candy Average Price by Manufacturer (2021-2026)
  • 3.4 Market Share Analysis (2025)
    • 3.4.1 Producer Shipments of Licorice Candy by Manufacturer Revenue ($MM) and Market Share (%): 2025
    • 3.4.2 Top 3 Licorice Candy Manufacturer Market Share in 2025
    • 3.4.3 Top 6 Licorice Candy Manufacturer Market Share in 2025
  • 3.5 Licorice Candy Market: Overall Company Footprint Analysis
    • 3.5.1 Licorice Candy Market: Region Footprint
    • 3.5.2 Licorice Candy Market: Company Product Type Footprint
    • 3.5.3 Licorice Candy Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Licorice Candy Market Size by Region
    • 4.1.1 Global Licorice Candy Sales Quantity by Region (2021-2032)
    • 4.1.2 Global Licorice Candy Consumption Value by Region (2021-2032)
    • 4.1.3 Global Licorice Candy Average Price by Region (2021-2032)
  • 4.2 North America Licorice Candy Consumption Value (2021-2032)
  • 4.3 Europe Licorice Candy Consumption Value (2021-2032)
  • 4.4 Asia-Pacific Licorice Candy Consumption Value (2021-2032)
  • 4.5 South America Licorice Candy Consumption Value (2021-2032)
  • 4.6 Middle East & Africa Licorice Candy Consumption Value (2021-2032)

5 Market Segment by Type

  • 5.1 Global Licorice Candy Sales Quantity by Type (2021-2032)
  • 5.2 Global Licorice Candy Consumption Value by Type (2021-2032)
  • 5.3 Global Licorice Candy Average Price by Type (2021-2032)

6 Market Segment by Application

  • 6.1 Global Licorice Candy Sales Quantity by Application (2021-2032)
  • 6.2 Global Licorice Candy Consumption Value by Application (2021-2032)
  • 6.3 Global Licorice Candy Average Price by Application (2021-2032)

7 North America

  • 7.1 North America Licorice Candy Sales Quantity by Type (2021-2032)
  • 7.2 North America Licorice Candy Sales Quantity by Application (2021-2032)
  • 7.3 North America Licorice Candy Market Size by Country
    • 7.3.1 North America Licorice Candy Sales Quantity by Country (2021-2032)
    • 7.3.2 North America Licorice Candy Consumption Value by Country (2021-2032)
    • 7.3.3 United States Market Size and Forecast (2021-2032)
    • 7.3.4 Canada Market Size and Forecast (2021-2032)
    • 7.3.5 Mexico Market Size and Forecast (2021-2032)

8 Europe

  • 8.1 Europe Licorice Candy Sales Quantity by Type (2021-2032)
  • 8.2 Europe Licorice Candy Sales Quantity by Application (2021-2032)
  • 8.3 Europe Licorice Candy Market Size by Country
    • 8.3.1 Europe Licorice Candy Sales Quantity by Country (2021-2032)
    • 8.3.2 Europe Licorice Candy Consumption Value by Country (2021-2032)
    • 8.3.3 Germany Market Size and Forecast (2021-2032)
    • 8.3.4 France Market Size and Forecast (2021-2032)
    • 8.3.5 United Kingdom Market Size and Forecast (2021-2032)
    • 8.3.6 Russia Market Size and Forecast (2021-2032)
    • 8.3.7 Italy Market Size and Forecast (2021-2032)

9 Asia-Pacific

  • 9.1 Asia-Pacific Licorice Candy Sales Quantity by Type (2021-2032)
  • 9.2 Asia-Pacific Licorice Candy Sales Quantity by Application (2021-2032)
  • 9.3 Asia-Pacific Licorice Candy Market Size by Region
    • 9.3.1 Asia-Pacific Licorice Candy Sales Quantity by Region (2021-2032)
    • 9.3.2 Asia-Pacific Licorice Candy Consumption Value by Region (2021-2032)
    • 9.3.3 China Market Size and Forecast (2021-2032)
    • 9.3.4 Japan Market Size and Forecast (2021-2032)
    • 9.3.5 South Korea Market Size and Forecast (2021-2032)
    • 9.3.6 India Market Size and Forecast (2021-2032)
    • 9.3.7 Southeast Asia Market Size and Forecast (2021-2032)
    • 9.3.8 Australia Market Size and Forecast (2021-2032)

10 South America

  • 10.1 South America Licorice Candy Sales Quantity by Type (2021-2032)
  • 10.2 South America Licorice Candy Sales Quantity by Application (2021-2032)
  • 10.3 South America Licorice Candy Market Size by Country
    • 10.3.1 South America Licorice Candy Sales Quantity by Country (2021-2032)
    • 10.3.2 South America Licorice Candy Consumption Value by Country (2021-2032)
    • 10.3.3 Brazil Market Size and Forecast (2021-2032)
    • 10.3.4 Argentina Market Size and Forecast (2021-2032)

11 Middle East & Africa

  • 11.1 Middle East & Africa Licorice Candy Sales Quantity by Type (2021-2032)
  • 11.2 Middle East & Africa Licorice Candy Sales Quantity by Application (2021-2032)
  • 11.3 Middle East & Africa Licorice Candy Market Size by Country
    • 11.3.1 Middle East & Africa Licorice Candy Sales Quantity by Country (2021-2032)
    • 11.3.2 Middle East & Africa Licorice Candy Consumption Value by Country (2021-2032)
    • 11.3.3 Turkey Market Size and Forecast (2021-2032)
    • 11.3.4 Egypt Market Size and Forecast (2021-2032)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2021-2032)
    • 11.3.6 South Africa Market Size and Forecast (2021-2032)

12 Market Dynamics

  • 12.1 Licorice Candy Market Drivers
  • 12.2 Licorice Candy Market Restraints
  • 12.3 Licorice Candy Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Licorice Candy and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Licorice Candy
  • 13.3 Licorice Candy Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Licorice Candy Typical Distributors
  • 14.3 Licorice Candy Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Licorice Candy. Industry analysis & Market Report on Licorice Candy is a syndicated market report, published as Global Licorice Candy Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Licorice Candy market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

    Last updated on

    REPORT YOU MIGHT BE INTERESTED

    Purchase this Report

    		$3,480.00
    		$5,220.00
    		$6,960.00
    		2,690.04
    		4,035.06
    		5,380.08
    		3,239.88
    		4,859.82
    		6,479.76
    		531,361.20
    		797,041.80
    		1,062,722.40
    		293,712.00
    		440,568.00
    		587,424.00
    Credit card Logo
    Sample Question Discount Download PDF

    Related Reports

    Reason to Buy

    • Trusted By Leaders

      Top executives from leading companies purchase research reports from us. 

    • Shop With Confidence

      We assist you with all the pre-sales enquiries related to any report so that you can buy with confidence.

    • Customer Centric

      Need assistance related to your research requirements? We are just a phone call or an email away.

    • Personalized Solutions

      Our experienced research specialists are here to help you locate the right reports for your need.

    • Secure Checkout

      Shop without being worried about safety & security of your transactions.
      •

    Request for Sample of this report

    Reports and Markets

    mcafree

    Contact Us

    +1-352-353-0818 (US)

    info@reportsandmarkets.com

    Support

    EMAIL US

    Newsletter

    KEEP UP TO DATE ON ALL THE LATEST REPORTS


    maxmind_logo