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Global Pharmaceutical Grade Licorice Extract Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032

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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 Pharmaceutical Grade Licorice Extract Consumption Value by Type: 2021 Versus 2025 Versus 2032
    • 1.3.2 Liquid
    • 1.3.3 Solid
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Pharmaceutical Grade Licorice Extract Consumption Value by Application: 2021 Versus 2025 Versus 2032
    • 1.4.2 Indigestion
    • 1.4.3 Bronchitis
    • 1.4.4 Liver and Adrenal
  • 1.5 Global Pharmaceutical Grade Licorice Extract Market Size & Forecast
    • 1.5.1 Global Pharmaceutical Grade Licorice Extract Consumption Value (2021 & 2025 & 2032)
    • 1.5.2 Global Pharmaceutical Grade Licorice Extract Sales Quantity (2021-2032)
    • 1.5.3 Global Pharmaceutical Grade Licorice Extract Average Price (2021-2032)

2 Manufacturers Profiles

  • 2.1 Magnasweet
    • 2.1.1 Magnasweet Details
    • 2.1.2 Magnasweet Major Business
    • 2.1.3 Magnasweet Pharmaceutical Grade Licorice Extract Product and Services
    • 2.1.4 Magnasweet Pharmaceutical Grade Licorice Extract Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.1.5 Magnasweet Recent Developments/Updates
  • 2.2 Zagros Licorice
    • 2.2.1 Zagros Licorice Details
    • 2.2.2 Zagros Licorice Major Business
    • 2.2.3 Zagros Licorice Pharmaceutical Grade Licorice Extract Product and Services
    • 2.2.4 Zagros Licorice Pharmaceutical Grade Licorice Extract Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.2.5 Zagros Licorice Recent Developments/Updates
  • 2.3 Sepidan Osareh
    • 2.3.1 Sepidan Osareh Details
    • 2.3.2 Sepidan Osareh Major Business
    • 2.3.3 Sepidan Osareh Pharmaceutical Grade Licorice Extract Product and Services
    • 2.3.4 Sepidan Osareh Pharmaceutical Grade Licorice Extract Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.3.5 Sepidan Osareh Recent Developments/Updates
  • 2.4 F&C Licorice
    • 2.4.1 F&C Licorice Details
    • 2.4.2 F&C Licorice Major Business
    • 2.4.3 F&C Licorice Pharmaceutical Grade Licorice Extract Product and Services
    • 2.4.4 F&C Licorice Pharmaceutical Grade Licorice Extract Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.4.5 F&C Licorice Recent Developments/Updates
  • 2.5 Norevo GmbH
    • 2.5.1 Norevo GmbH Details
    • 2.5.2 Norevo GmbH Major Business
    • 2.5.3 Norevo GmbH Pharmaceutical Grade Licorice Extract Product and Services
    • 2.5.4 Norevo GmbH Pharmaceutical Grade Licorice Extract Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.5.5 Norevo GmbH Recent Developments/Updates
  • 2.6 Ransom Naturals
    • 2.6.1 Ransom Naturals Details
    • 2.6.2 Ransom Naturals Major Business
    • 2.6.3 Ransom Naturals Pharmaceutical Grade Licorice Extract Product and Services
    • 2.6.4 Ransom Naturals Pharmaceutical Grade Licorice Extract Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.6.5 Ransom Naturals Recent Developments/Updates
  • 2.7 Maruzen Pharmaceuticals
    • 2.7.1 Maruzen Pharmaceuticals Details
    • 2.7.2 Maruzen Pharmaceuticals Major Business
    • 2.7.3 Maruzen Pharmaceuticals Pharmaceutical Grade Licorice Extract Product and Services
    • 2.7.4 Maruzen Pharmaceuticals Pharmaceutical Grade Licorice Extract Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.7.5 Maruzen Pharmaceuticals Recent Developments/Updates
  • 2.8 Aushadhi Herbal
    • 2.8.1 Aushadhi Herbal Details
    • 2.8.2 Aushadhi Herbal Major Business
    • 2.8.3 Aushadhi Herbal Pharmaceutical Grade Licorice Extract Product and Services
    • 2.8.4 Aushadhi Herbal Pharmaceutical Grade Licorice Extract Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.8.5 Aushadhi Herbal Recent Developments/Updates
  • 2.9 Avestia Pharma
    • 2.9.1 Avestia Pharma Details
    • 2.9.2 Avestia Pharma Major Business
    • 2.9.3 Avestia Pharma Pharmaceutical Grade Licorice Extract Product and Services
    • 2.9.4 Avestia Pharma Pharmaceutical Grade Licorice Extract Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.9.5 Avestia Pharma Recent Developments/Updates
  • 2.10 VPL Chemicals
    • 2.10.1 VPL Chemicals Details
    • 2.10.2 VPL Chemicals Major Business
    • 2.10.3 VPL Chemicals Pharmaceutical Grade Licorice Extract Product and Services
    • 2.10.4 VPL Chemicals Pharmaceutical Grade Licorice Extract Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.10.5 VPL Chemicals Recent Developments/Updates

3 Competitive Environment: Pharmaceutical Grade Licorice Extract by Manufacturer

  • 3.1 Global Pharmaceutical Grade Licorice Extract Sales Quantity by Manufacturer (2021-2026)
  • 3.2 Global Pharmaceutical Grade Licorice Extract Revenue by Manufacturer (2021-2026)
  • 3.3 Global Pharmaceutical Grade Licorice Extract Average Price by Manufacturer (2021-2026)
  • 3.4 Market Share Analysis (2025)
    • 3.4.1 Producer Shipments of Pharmaceutical Grade Licorice Extract by Manufacturer Revenue ($MM) and Market Share (%): 2025
    • 3.4.2 Top 3 Pharmaceutical Grade Licorice Extract Manufacturer Market Share in 2025
    • 3.4.3 Top 6 Pharmaceutical Grade Licorice Extract Manufacturer Market Share in 2025
  • 3.5 Pharmaceutical Grade Licorice Extract Market: Overall Company Footprint Analysis
    • 3.5.1 Pharmaceutical Grade Licorice Extract Market: Region Footprint
    • 3.5.2 Pharmaceutical Grade Licorice Extract Market: Company Product Type Footprint
    • 3.5.3 Pharmaceutical Grade Licorice Extract 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 Pharmaceutical Grade Licorice Extract Market Size by Region
    • 4.1.1 Global Pharmaceutical Grade Licorice Extract Sales Quantity by Region (2021-2032)
    • 4.1.2 Global Pharmaceutical Grade Licorice Extract Consumption Value by Region (2021-2032)
    • 4.1.3 Global Pharmaceutical Grade Licorice Extract Average Price by Region (2021-2032)
  • 4.2 North America Pharmaceutical Grade Licorice Extract Consumption Value (2021-2032)
  • 4.3 Europe Pharmaceutical Grade Licorice Extract Consumption Value (2021-2032)
  • 4.4 Asia-Pacific Pharmaceutical Grade Licorice Extract Consumption Value (2021-2032)
  • 4.5 South America Pharmaceutical Grade Licorice Extract Consumption Value (2021-2032)
  • 4.6 Middle East & Africa Pharmaceutical Grade Licorice Extract Consumption Value (2021-2032)

5 Market Segment by Type

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

6 Market Segment by Application

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

7 North America

  • 7.1 North America Pharmaceutical Grade Licorice Extract Sales Quantity by Type (2021-2032)
  • 7.2 North America Pharmaceutical Grade Licorice Extract Sales Quantity by Application (2021-2032)
  • 7.3 North America Pharmaceutical Grade Licorice Extract Market Size by Country
    • 7.3.1 North America Pharmaceutical Grade Licorice Extract Sales Quantity by Country (2021-2032)
    • 7.3.2 North America Pharmaceutical Grade Licorice Extract 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 Pharmaceutical Grade Licorice Extract Sales Quantity by Type (2021-2032)
  • 8.2 Europe Pharmaceutical Grade Licorice Extract Sales Quantity by Application (2021-2032)
  • 8.3 Europe Pharmaceutical Grade Licorice Extract Market Size by Country
    • 8.3.1 Europe Pharmaceutical Grade Licorice Extract Sales Quantity by Country (2021-2032)
    • 8.3.2 Europe Pharmaceutical Grade Licorice Extract 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 Pharmaceutical Grade Licorice Extract Sales Quantity by Type (2021-2032)
  • 9.2 Asia-Pacific Pharmaceutical Grade Licorice Extract Sales Quantity by Application (2021-2032)
  • 9.3 Asia-Pacific Pharmaceutical Grade Licorice Extract Market Size by Region
    • 9.3.1 Asia-Pacific Pharmaceutical Grade Licorice Extract Sales Quantity by Region (2021-2032)
    • 9.3.2 Asia-Pacific Pharmaceutical Grade Licorice Extract 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 Pharmaceutical Grade Licorice Extract Sales Quantity by Type (2021-2032)
  • 10.2 South America Pharmaceutical Grade Licorice Extract Sales Quantity by Application (2021-2032)
  • 10.3 South America Pharmaceutical Grade Licorice Extract Market Size by Country
    • 10.3.1 South America Pharmaceutical Grade Licorice Extract Sales Quantity by Country (2021-2032)
    • 10.3.2 South America Pharmaceutical Grade Licorice Extract 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 Pharmaceutical Grade Licorice Extract Sales Quantity by Type (2021-2032)
  • 11.2 Middle East & Africa Pharmaceutical Grade Licorice Extract Sales Quantity by Application (2021-2032)
  • 11.3 Middle East & Africa Pharmaceutical Grade Licorice Extract Market Size by Country
    • 11.3.1 Middle East & Africa Pharmaceutical Grade Licorice Extract Sales Quantity by Country (2021-2032)
    • 11.3.2 Middle East & Africa Pharmaceutical Grade Licorice Extract 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 Pharmaceutical Grade Licorice Extract Market Drivers
  • 12.2 Pharmaceutical Grade Licorice Extract Market Restraints
  • 12.3 Pharmaceutical Grade Licorice Extract 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 Pharmaceutical Grade Licorice Extract and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Pharmaceutical Grade Licorice Extract
  • 13.3 Pharmaceutical Grade Licorice Extract 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 Pharmaceutical Grade Licorice Extract Typical Distributors
  • 14.3 Pharmaceutical Grade Licorice Extract Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    According to our (Global Info Research) latest study, the global Pharmaceutical Grade Licorice Extract market size was valued at US$ 251 million in 2025 and is forecast to a readjusted size of US$ 295 million by 2032 with a CAGR of 2.3% during review period.
    Pharmaceutical Grade Licorice Extract is a concentrated form of licorice root extract that meets high-quality standards and purity requirements suitable for pharmaceutical and medicinal applications. Licorice (Glycyrrhiza glabra) is a plant known for its sweet-tasting roots, which contain bioactive compounds that have been used for various therapeutic purposes. Pharmaceutical grade licorice extract is carefully processed to ensure it is free from contaminants and consistent in its composition.
    The global pharmaceutical market is 1475 billion USD in 2022, growing at a CAGR of 5% during the next six years. The pharmaceutical market includes chemical drugs and biological drugs. For biologics is expected to 381 billion USD in 2022. In comparison, the chemical drug market is estimated to increase from 1005 billion in 2018 to 1094 billion U.S. dollars in 2022. The pharmaceutical market factors such as increasing demand for healthcare, technological advancements, and the rising prevalence of chronic diseases, increase in funding from private & government organizations for development of pharmaceutical manufacturing segments and rise in R&D activities for drugs. However, the industry also faces challenges such as stringent regulations, high costs of research and development, and patent expirations. Companies need to continuously innovate and adapt to these challenges to stay competitive in the market and ensure their products reach patients in need. Additionally, the COVID-19 pandemic has highlighted the importance of vaccine development and supply chain management, further emphasizing the need for pharmaceutical companies to be agile and responsive to emerging public health needs.
    This report is a detailed and comprehensive analysis for global Pharmaceutical Grade Licorice Extract 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 Pharmaceutical Grade Licorice Extract market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2021-2032
    Global Pharmaceutical Grade Licorice Extract market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2021-2032
    Global Pharmaceutical Grade Licorice Extract market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2021-2032
    Global Pharmaceutical Grade Licorice Extract market shares of main players, shipments in revenue ($ 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 Pharmaceutical Grade Licorice Extract
    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 Pharmaceutical Grade Licorice Extract 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 Magnasweet, Zagros Licorice, Sepidan Osareh, F&C Licorice, Norevo GmbH, Ransom Naturals, Maruzen Pharmaceuticals, Aushadhi Herbal, Avestia Pharma, VPL Chemicals, etc.
    This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
    Market Segmentation
    Pharmaceutical Grade Licorice Extract 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
    Liquid
    Solid
    Market segment by Application
    Indigestion
    Bronchitis
    Liver and Adrenal
    Major players covered
    Magnasweet
    Zagros Licorice
    Sepidan Osareh
    F&C Licorice
    Norevo GmbH
    Ransom Naturals
    Maruzen Pharmaceuticals
    Aushadhi Herbal
    Avestia Pharma
    VPL Chemicals
    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 Pharmaceutical Grade Licorice Extract product scope, market overview, market estimation caveats and base year.
    Chapter 2, to profile the top manufacturers of Pharmaceutical Grade Licorice Extract, with price, sales quantity, revenue, and global market share of Pharmaceutical Grade Licorice Extract from 2021 to 2026.
    Chapter 3, the Pharmaceutical Grade Licorice Extract competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
    Chapter 4, the Pharmaceutical Grade Licorice Extract 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 Pharmaceutical Grade Licorice Extract 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 Pharmaceutical Grade Licorice Extract.
    Chapter 14 and 15, to describe Pharmaceutical Grade Licorice Extract sales channel, distributors, customers, research findings and conclusion.

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