Licorice Extract Market Report – Research, Industry Analysis Reports and Market Demands

Global Licorice Extract Market Insights, Forecast to 2025

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Table of Content

Global Licorice Extract Market Research Report 2019-2025, by Manufacturers, Regions, Types and Applications

1 Study Coverage

1.1 Licorice Extract Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
- 1.4.1 Global Licorice Extract Market Size Growth Rate by Type
- 1.4.2 Pharmaceutical Grade
- 1.4.3 Food Grade
- 1.4.4 Feed Grade
1.5 Market by Application
- 1.5.1 Global Licorice Extract Market Size Growth Rate by Application
- 1.5.2 Pharmaceutical Industry
- 1.5.3 Food Industry
- 1.5.4 Cosmetic Industry
- 1.5.5 Others
1.6 Study Objectives
1.7 Years Considered

2 Executive Summary

2.1 Global Licorice Extract Production
- 2.1.1 Global Licorice Extract Revenue 2014-2025
- 2.1.2 Global Licorice Extract Production 2014-2025
- 2.1.3 Global Licorice Extract Capacity 2014-2025
- 2.1.4 Global Licorice Extract Marketing Pricing and Trends
2.2 Licorice Extract Growth Rate (CAGR) 2019-2025
2.3 Analysis of Competitive Landscape
- 2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
- 2.3.2 Key Licorice Extract Manufacturers
2.4 Market Drivers, Trends and Issues
2.5 Macroscopic Indicator
- 2.5.1 GDP for Major Regions
- 2.5.2 Price of Raw Materials in Dollars: Evolution

3 Market Size by Manufacturers

3.1 Licorice Extract Production by Manufacturers
- 3.1.1 Licorice Extract Production by Manufacturers
- 3.1.2 Licorice Extract Production Market Share by Manufacturers
3.2 Licorice Extract Revenue by Manufacturers
- 3.2.1 Licorice Extract Revenue by Manufacturers (2014-2019)
- 3.2.2 Licorice Extract Revenue Share by Manufacturers (2014-2019)
3.3 Licorice Extract Price by Manufacturers
3.4 Mergers & Acquisitions, Expansion Plans

4 Licorice Extract Production by Regions

4.1 Global Licorice Extract Production by Regions
- 4.1.1 Global Licorice Extract Production Market Share by Regions
- 4.1.2 Global Licorice Extract Revenue Market Share by Regions
4.2 United States
- 4.2.1 United States Licorice Extract Production
- 4.2.2 United States Licorice Extract Revenue
- 4.2.3 Key Players in United States
- 4.2.4 United States Licorice Extract Import & Export
4.3 Europe
- 4.3.1 Europe Licorice Extract Production
- 4.3.2 Europe Licorice Extract Revenue
- 4.3.3 Key Players in Europe
- 4.3.4 Europe Licorice Extract Import & Export
4.4 China
- 4.4.1 China Licorice Extract Production
- 4.4.2 China Licorice Extract Revenue
- 4.4.3 Key Players in China
- 4.4.4 China Licorice Extract Import & Export
4.5 Japan
- 4.5.1 Japan Licorice Extract Production
- 4.5.2 Japan Licorice Extract Revenue
- 4.5.3 Key Players in Japan
- 4.5.4 Japan Licorice Extract Import & Export
4.6 Other Regions
- 4.6.1 South Korea
- 4.6.2 India
- 4.6.3 Southeast Asia

5 Licorice Extract Consumption by Regions

5.1 Global Licorice Extract Consumption by Regions
- 5.1.1 Global Licorice Extract Consumption by Regions
- 5.1.2 Global Licorice Extract Consumption Market Share by Regions
5.2 North America
- 5.2.1 North America Licorice Extract Consumption by Application
- 5.2.2 North America Licorice Extract Consumption by Countries
- 5.2.3 United States
- 5.2.4 Canada
- 5.2.5 Mexico
5.3 Europe
- 5.3.1 Europe Licorice Extract Consumption by Application
- 5.3.2 Europe Licorice Extract Consumption by Countries
- 5.3.3 Germany
- 5.3.4 France
- 5.3.5 UK
- 5.3.6 Italy
- 5.3.7 Russia
5.4 Asia Pacific
- 5.4.1 Asia Pacific Licorice Extract Consumption by Application
- 5.4.2 Asia Pacific Licorice Extract Consumption by Countries
- 5.4.3 China
- 5.4.4 Japan
- 5.4.5 South Korea
- 5.4.6 India
- 5.4.7 Australia
- 5.4.8 Indonesia
- 5.4.9 Thailand
- 5.4.10 Malaysia
- 5.4.11 Philippines
- 5.4.12 Vietnam
5.5 Central & South America
- 5.5.1 Central & South America Licorice Extract Consumption by Application
- 5.5.2 Central & South America Licorice Extract Consumption by Countries
- 5.5.3 Brazil
5.6 Middle East and Africa
- 5.6.1 Middle East and Africa Licorice Extract Consumption by Application
- 5.6.2 Middle East and Africa Licorice Extract Consumption by Countries
- 5.6.3 Turkey
- 5.6.4 GCC Countries
- 5.6.5 Egypt
- 5.6.6 South Africa

6 Market Size by Type

6.1 Global Licorice Extract Breakdown Dada by Type
6.2 Global Licorice Extract Revenue by Type
6.3 Licorice Extract Price by Type

7 Market Size by Application

7.1 Overview
7.2 Global Licorice Extract Breakdown Dada by Application
- 7.2.1 Global Licorice Extract Consumption by Application
- 7.2.2 Global Licorice Extract Consumption Market Share by Application (2014-2019)

8 Manufacturers Profiles

9 Production Forecasts

9.1 Licorice Extract Production and Revenue Forecast
- 9.1.1 Global Licorice Extract Production Forecast 2019-2025
- 9.1.2 Global Licorice Extract Revenue Forecast 2019-2025
9.2 Licorice Extract Production and Revenue Forecast by Regions
- 9.2.1 Global Licorice Extract Revenue Forecast by Regions
- 9.2.2 Global Licorice Extract Production Forecast by Regions
9.3 Licorice Extract Key Producers Forecast
- 9.3.1 United States
- 9.3.2 Europe
- 9.3.3 China
- 9.3.4 Japan
9.4 Forecast by Type
- 9.4.1 Global Licorice Extract Production Forecast by Type
- 9.4.2 Global Licorice Extract Revenue Forecast by Type

10 Consumption Forecast

10.1 Consumption Forecast by Application
10.2 Licorice Extract Consumption Forecast by Regions
10.3 North America Market Consumption Forecast
- 10.3.1 North America Licorice Extract Consumption Forecast by Countries 2019-2025
- 10.3.2 United States
- 10.3.3 Canada
- 10.3.4 Mexico
10.4 Europe Market Consumption Forecast
- 10.4.1 Europe Licorice Extract Consumption Forecast by Countries 2019-2025
- 10.4.2 Germany
- 10.4.3 France
- 10.4.4 UK
- 10.4.5 Italy
- 10.4.6 Russia
10.5 Asia Pacific Market Consumption Forecast
- 10.5.1 Asia Pacific Licorice Extract Consumption Forecast by Countries 2019-2025
- 10.5.2 China
- 10.5.3 Japan
- 10.5.4 Korea
- 10.5.5 India
- 10.5.6 Australia
- 10.5.7 Indonesia
- 10.5.8 Thailand
- 10.5.9 Malaysia
- 10.5.10 Philippines
- 10.5.11 Vietnam
10.6 Central & South America Market Consumption Forecast
- 10.6.1 Central & South America Licorice Extract Consumption Forecast by Country 2019-2025
- 10.6.2 Brazil
10.7 Middle East and Africa Market Consumption Forecast
- 10.7.1 Middle East and Africa Licorice Extract Consumption Forecast by Countries 2019-2025
- 10.7.2 Middle East and Africa
- 10.7.3 Turkey
- 10.7.4 GCC Countries
- 10.7.5 Egypt
- 10.7.6 South Africa

11 Upstream, Industry Chain and Downstream Customers Analysis

11.1 Analysis of Licorice Extract Upstream Market
- 11.1.1 Licorice Extract Key Raw Material
- 11.1.2 Typical Suppliers of Key Licorice Extract Raw Material
- 11.1.3 Licorice Extract Raw Material Market Concentration Rate
11.2 Licorice Extract Industry Chain Analysis
11.3 Marketing & Distribution
11.4 Licorice Extract Distributors
11.5 Licorice Extract Customers

12 Opportunities & Challenges, Threat and Affecting Factors

12.1 Market Opportunities
12.2 Market Challenges
12.3 Porter's Five Forces Analysis

13 Key Findings

14 Appendix

14.1 Research Methodology
- 14.1.1 Methodology/Research Approach
- 14.1.2 Data Source
14.2 Author Details

Description

Licorice extract comes from the licorice plant. The root of the plant is primarily used in preparing the extract, and the hard woody plant is pulped then boiled to further extract and refine the contents.
Licorice extract is a natural ingredient often found in both food and herbal medicine supplements. While the full medicinal effectiveness of licorice has not been completely tested, some benefits have been proven and others have enough support to warrant its inclusion in a number of supplements. Often found in teas and used in a number of different products as a flavoring ingredient, licorice extract can provide help in treating stomach issues such as heartburn, but does have some noteworthy side effects that should be considered.

Licorice extract industry has low technology barrier and is dispersive relatively. Currently, there are many producing companies in the world licorice extract industry. The main market players are Magnasweet, ASEH, Zagros Licorice, Sepidan Osareh and F&C Licorice. The global production of licorice extract will increase to 44595 MT in 2017 from 37213 MT in 2012 with average growth rate of 3.69%. Global licorice extract capacity utilization rate remained at around 75.24% in 2016.

Licorice extract has three types, which include pharmaceutical grade, food grade and feed grade. And each type has application industries relatively. With pharmaceutical value and sweetening effect of licorice extract, the downstream application industries will need more licorice extract products. So, licorice extract has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce high purity and good performance licorice extract through improving technology.

The major raw materials for licorice extract are licorice and other auxiliary chemicals. Fluctuations in the price of the upstream product will impact on the production cost of licorice extract. The production cost of licorice extract is also an important factor which could impact the price of licorice extract. The licorice extract manufacturers are trying to reduce production cost by developing production method.

We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. And the price presents decreasing trend according to the economy development status and international competition. Also, there is fluctuation in gross margin.

Global Licorice Extract market size will increase to 850 Million US$ by 2025, from 870 Million US$ in 2018, at a CAGR of -0.3% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Licorice Extract.

This report researches the worldwide Licorice Extract market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Licorice Extract breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

The following manufacturers are covered in this report:
Magnasweet
ASEH
Zagros Licorice
Sepidan Osareh
F&C Licorice
Norevo GmbH
Ransom Naturals
Maruzen Pharmaceuticals
MCFS
Aushadhi Herbal
Avestia Pharma
VPL Chemicals
Zelang
Changyue
Bokai

Licorice Extract Breakdown Data by Type
Pharmaceutical Grade
Food Grade
Feed Grade
Licorice Extract Breakdown Data by Application
Pharmaceutical Industry
Food Industry
Cosmetic Industry
Others

Licorice Extract Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions

Licorice Extract Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global Licorice Extract capacity, production, value, consumption, status and forecast;
To focus on the key Licorice Extract manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Licorice Extract :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.