Uploaded on Jul 27, 2020
The global licorice extract market is projected to grow at a CAGR of 4.89% to reach US$923.524 million by 2025, from US$693.292 million in 2019. Licorice extract is derived from licorice root which is widely used as a medicinal herb across the globe. The extract is produced by boiling licorice root and subsequently evaporating most of the water.
Licorice Extract Market to grow at a CAGR of 4.89% (2019-2025)
Licorice Extract
Market
forecasts From
2020 To 2025
DESCRIPTION
The global licorice extract market is projected to grow at a
CAGR of 4.89% to reach US$923.524 million by 2025, from
US$693.292 million in 2019.
Rising awareness among the individuals regarding the health
benefits of licorice extract is leading to a surge in the
consumption The trend of leading a sedentary lifestyle has
increased among individuals owing to the increased spending power.
However, there are risks involved that can lead to severe health
problems such as diabetes or other problems related to the heart or
other vital organs like the liver. As such efforts are being made to
increase the consumption of healthy foods, taking a healthy diet, and
mixing good and beneficial ingredients in foods to make them more
nutritious.
Key Questions Answered By The Report
What will Global Licorice Extract Market from 2019 to 2024?
How are the major drivers and restraints affecting Global Licorice
Extract Market .
growth and the opportunities which exist for key vendors?
Which segment and region will drive or lead the market growth and
why?
A comprehensive analysis of competitive landscape and key
market participant’s behavior
Key strategies being adopted by vendors, with in-depth analysis
along with their impact on competition and market growth
Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Geography
Europe
UK
Germany
France
Spain
Others
Middle East and Africa
Saudi Arabia
Israel
Others
Geography
Asia Pacific
China
Japan
South Korea
India
Others
Segments Covered Under Global Storage Market:
By Form
Block
Powder
Paste
Others
By Application
Food and Beverage
Cosmetics and Personal Care
Tobacco Products
Others
COMPANY PROFILES
NOREVO
MAFCO Worldwide LLC
Zagros Licorice co.
F&C Licorice Ltd.
VPL Chemicals.
Iranlicorice.com
Aseh Co.
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Global Licorice Extract Market - Forecasts from 2020 to 2025
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ket
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