A new report titled “Licorice Extract Market – Forecast to 2033” by Eternal Markets, the global licorice extract industry is projected to grow at a compound annual growth rate (CAGR) of 6.8% from 2024 to 2033, reaching a value of USD 1,623.1 million by the end of the forecast period.
Overview
The global licorice extract market is expected to experience significant growth over the forecast period, driven by its wide-ranging applications across various industries. Licorice extract, derived from the root of the Glycyrrhiza plant, is primarily used for its sweet flavor and medicinal properties. It is a key ingredient in confectionery, pharmaceuticals, and dietary supplements, among others. The market is primarily driven by increasing demand in the food and beverages sector, where licorice extract is used as a natural sweetener and flavor enhancer. Additionally, the growing awareness of the health benefits associated with licorice extract, such as its anti-inflammatory and antioxidant properties, is contributing to market expansion.
Notable market dynamics include the rising preference for natural and organic ingredients in food products and the increasing use of licorice extract in traditional and herbal medicine. The Asia-Pacific region, particularly China and India, is leading the market due to the high production and consumption of licorice extract in these countries. This region’s dominance is attributed to the large population base, increasing disposable income, and the presence of key manufacturers. North America follows closely, driven by high demand in the pharmaceutical and dietary supplement industries.
Key Visions
- The market is estimated to grow at a CAGR of around 6.8% over the forecast period (2024-2033).
- The Global Licorice Extract Industry size is projected to reach USD 1,623.1 million by 2033, up from USD 845.5 million in 2023.
- The increasing demand for natural and organic products is the key driver for the market.
- Market Share by Form: In 2023, the liquid segment held the largest market share by form.
- The Food & Beverages segment is likely to be the largest revenue contributor by 2033.
- Asia Pacific held the largest market share in 2023, primarily due to high production and consumption, especially in China and India.
Key Market Drivers
Increasing Demand for Natural Ingredients: The growing consumer preference for natural and organic products is significantly boosting the demand for licorice extract, particularly in the food and beverage industry.
Health Benefits: The therapeutic properties of licorice extract, such as its anti-inflammatory, antioxidant, and anti-viral effects, are driving its application in the pharmaceutical and nutraceutical sectors.
Expansion of Application Areas: Licorice extract’s versatile applications across various industries, including cosmetics, tobacco, and herbal medicine, are contributing to its market growth.
Rising Popularity in Confectionery: The use of licorice extract as a natural sweetener in confectionery products is increasing, driven by the trend towards reduced sugar consumption.
Restraining Factors
Regulatory Challenges: Stringent regulations regarding the use of licorice extract in food and pharmaceuticals can pose challenges to market growth, particularly in regions with strict food safety standards.
Side Effects and Health Concerns: Potential side effects associated with excessive consumption of licorice extract, such as increased blood pressure and reduced potassium levels, may limit its use, particularly in the pharmaceutical industry.
Supply Chain Issues: Fluctuations in the supply of raw materials, coupled with the dependency on specific geographical regions for licorice root production, can create supply chain disruptions and impact market growth.
Future Scope
The Global Licorice Extract Market is anticipated to see substantial growth in emerging markets, driven by increasing demand across various sectors.
The expansion of licorice extract applications in pharmaceuticals, dietary supplements, and functional foods is expected to create new market opportunities.
Innovations in extraction technologies and the development of new product formulations will likely drive further growth and market differentiation.
The trend towards natural and clean-label products is expected to continue influencing market dynamics, particularly in the food and beverage industry.
As consumer awareness of the health benefits associated with licorice extract increases, the market is poised for robust expansion, particularly in regions with growing health-conscious populations.
Major Strategies adopted by key market players
- Agreements, Collaborations, and Partnerships: 21%
- Acquisitions: 15%
- New Product Launch: _%
- Other Developments: _%
Geographical Analysis
Asia-Pacific: The Asia-Pacific region held the largest market share in 2023, driven by high production and consumption of licorice extract in countries such as China and India. The region’s dominance is attributed to its large population base, increasing disposable incomes, and strong presence of key manufacturers.
North America: North America is the second-largest market for licorice extract, with significant demand in the pharmaceutical and dietary supplement sectors. The region’s focus on health and wellness, coupled with stringent regulatory standards, supports market growth.
Europe: Europe is also a key market, with a growing emphasis on natural and organic products driving demand for licorice extract. The region’s rich history of herbal medicine and increasing use of licorice in food products contribute to its market position.
Recent Developments
- 2024: MAFCO Worldwide LLC announced the expansion of its production facility to increase the output of high-quality licorice extract.
- 2023: Zagros Licorice introduced a new line of organic licorice extract products, catering to the growing demand for clean-label ingredients.
- 2023: F&C Licorice entered into a strategic partnership with a major confectionery brand to supply licorice extract for their new product line.
- 2022: VPL Chemicals launched a new technology for extracting licorice, which improves yield and purity, enhancing product quality.
Scope of the Report:
Global Licorice Extract Market, By Product Type
- Food Grade
- Feed Grade
- Pharmaceutical Grade
Global Licorice Extract Market, By Form
Global Licorice Extract Market, By Application
- Food & Beverages
- Pharmaceutical
- Tobacco
- Others
Global Licorice Extract Market, by Geography
- North America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe (RoE)
- Asia-Pacific (APAC)
- China
- Japan
- India
- Rest of APAC (RoAPAC)
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of MEA
Companies Profiled
● Zagros Licorice
● Hunan Huakang
● MAFCO Worldwide LLC
● Sichuan Union Herb
● Zhejiang Kangling
● Aushadhi Herba
● F&C Licorice
● VPL Chemicals
● Ransom Naturals
● Shaanxi Jiahe Phytochemicals
● Hebei Jingu
● Sepidan Osareh
● Norevo GmbH
● Other key player
*The report scope shall be customized as per the requirements
Chapter 1 Global Licorice Extract Market Overview
1.1 Introduction
1.2 Drivers for Licorice Extract Market
1.3 Restraints for Licorice Extract Market
1.4 Opportunities for Licorice Extract Market
1.5 Trends for Licorice Extract Market
1.6 Macro-economic Factors
1.7 Regulatory Framework
1.8 Opportunity Map Analysis
1.9 Opportunity Orbits
1.10 Market Investment Feasibility Index
1.11 PEST Analysis
1.12 PORTER’S Five Force Analysis
1.13 Go to Market Strategy
1.14 Marketing Strategy
1.15 Technology Roadmap
1.16 Advances in product/services adoption worldwide
1.17 Regional Market Share and BPS Analysis
Chapter 2 Global Licorice Extract Market Competitive Analysis
2.1 Market Competition Scenario Analysis, By Company
2.2 Competitor Landscape
2.3 Major Strategies adopted by key market players (2020-2022)
2.4 Recent Developments/Investments/Announcements
2.5 Company Profiles
2.5.1 Zagros Licorice
2.5.1.1 Company Overview
2.5.1.2 Business Description
2.5.1.3 Product Portfolio
2.5.1.4 Key Financials
2.5.1.5 Company Presence & Business Segment Analysis – 2022
2.5.1.6 Key Developments
2.5.1.7 SWOT Analysis
2.5.2 Hunan Huakang
2.5.2.1 Company Overview
2.5.2.2 Business Description
2.5.2.3 Product Portfolio
2.5.2.4 Key Financials
2.5.2.5 Company Presence & Business Segment Analysis – 2022
2.5.2.6 Key Developments
2.5.2.7 SWOT Analysis
2.5.3 MAFCO Worldwide LLC
2.5.3.1 Company Overview
2.5.3.2 Business Description
2.5.3.3 Product Portfolio
2.5.3.4 Key Financials
2.5.3.5 Company Presence & Business Segment Analysis – 2022
2.5.3.6 Key Developments
2.5.3.7 SWOT Analysis
2.5.4 Sichuan Union Herb
2.5.4.1 Company Overview
2.5.4.2 Business Description
2.5.4.3 Product Portfolio
2.5.4.4 Key Financials
2.5.4.5 Company Presence & Business Segment Analysis – 2022
2.5.4.6 Key Developments
2.5.4.7 SWOT Analysis
2.5.5 Zhejiang Kangling
2.5.5.1 Company Overview
2.5.5.2 Business Description
2.5.5.3 Product Portfolio
2.5.5.4 Key Financials
2.5.5.5 Company Presence & Business Segment Analysis – 2022
2.5.5.6 Key Developments
2.5.5.7 SWOT Analysis
2.5.6 Aushadhi Herba
2.5.6.1 Company Overview
2.5.6.2 Business Description
2.5.6.3 Product Portfolio
2.5.6.4 Key Financials
2.5.6.5 Company Presence & Business Segment Analysis – 2022
2.5.6.6 Key Developments
2.5.6.7 SWOT Analysis
2.5.7 F&C Licorice
2.5.7.1 Company Overview
2.5.7.2 Business Description
2.5.7.3 Product Portfolio
2.5.7.4 Key Financials
2.5.7.5 Company Presence & Business Segment Analysis – 2022
2.5.7.6 Key Developments
2.5.7.7 SWOT Analysis
2.5.8 VPL Chemicals
2.5.8.1 Company Overview
2.5.8.2 Business Description
2.5.8.3 Product Portfolio
2.5.8.4 Key Financials
2.5.8.5 Company Presence & Business Segment Analysis – 2022
2.5.8.6 Key Developments
2.5.8.7 SWOT Analysis
2.5.9 Ransom Naturals
2.5.9.1 Company Overview
2.5.9.2 Business Description
2.5.9.3 Product Portfolio
2.5.9.4 Key Financials
2.5.9.5 Company Presence & Business Segment Analysis – 2022
2.5.9.6 Key Developments
2.5.9.7 SWOT Analysis
2.5.10 Shaanxi Jiahe Phytochemicals
2.5.10.1 Company Overview
2.5.10.2 Business Description
2.5.10.3 Product Portfolio
2.5.10.4 Key Financials
2.5.10.5 Company Presence & Business Segment Analysis – 2022
2.5.10.6 Key Developments
2.5.10.7 SWOT Analysis
Chapter 3 Global Licorice Extract Market Overview
3.1 Global Licorice Extract Market Outlook (2017-2032)
3.1.1 Global Licorice Extract Market Value (US$ Mn) and Volume (Units) (2017-2023)
3.1.2 Global Licorice Extract Market Value (US$ Mn) and Volume (Units) (2024-2032)
3.2 Global Licorice Extract Market by Region
3.2.1 Global Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Region (2017-2032)
3.2.2 Global Licorice Extract Market Attractiveness Analysis by Region, 2023–2032
3.3 Global Licorice Extract Market by Product Type
3.3.1 Global Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Product Type (2017-2032)
3.3.2 Global Licorice Extract Market Attractiveness Analysis by Product Type, 2023–2032
3.3.3 Global Licorice Extract Market Attractiveness Analysis by Region, 2023–2032
3.4 Global Licorice Extract Market by Form
3.4.1 Global Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Form (2017-2032)
3.4.2 Global Licorice Extract Market Attractiveness Analysis by Form, 2023–2032
3.5 Global Licorice Extract Market Value (US$ Mn) and Volume (Units) by Region
3.5.1 Global Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Region (2017-2023)
3.5.2 Global Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Region (2024-2032)
3.6 Global Licorice Extract Market Value (US$ Mn) and Volume (Units) by Product Type
3.6.1 Global Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Product Type (2017-2023)
3.6.2 Global Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Product Type (2024-2032)
3.7 Global Licorice Extract Market Value (US$ Mn) and Volume (Units) by Form
3.7.1 Global Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Form (2017-2023)
3.7.2 Global Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Form (2024-2032)
3.8 Global Licorice Extract Market Y-o-Y Growth Rate Comparison 2018–2032
3.8.1 Global Licorice Extract Market Y-o-Y Growth Rate by Region
3.8.2 Global Licorice Extract Market Y-o-Y Growth Rate by Product Type
3.8.3 Global Licorice Extract Market Y-o-Y Growth Rate by Form
3.9 Global Licorice Extract Market Share Comparison 2017–2032
3.9.1 Global Licorice Extract Market Share by Region
3.9.2 Global Licorice Extract Market Share by Product Type
3.9.3 Global Licorice Extract Market Share by Form
Chapter 4 North America Licorice Extract Market Overview
4.1 North America Market Snapshot
4.1.1 Regional Overview
4.1.1.1 US
4.1.1.2 Canada
4.1.1.3 Mexico
4.2 North America Licorice Extract Market Outlook (2017-2032)
4.2.1 North America Licorice Extract Market Value (US$ Mn) and Volume (Units) (2017-2023)
4.2.2 North America Licorice Extract Market Value (US$ Mn) and Volume (Units) (2024-2032)
4.3 North America Licorice Extract Market by Region
4.3.1 North America Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Region (2017-2032)
4.3.2 North America Licorice Extract Market Attractiveness Analysis by Region, 2023–2032
4.4 North America Licorice Extract Market by Product Type
4.4.1 North America Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Product Type (2017-2032)
4.4.2 North America Licorice Extract Market Attractiveness Analysis by Product Type, 2023–2032
4.4.3 North America Licorice Extract Market Attractiveness Analysis by Region, 2023–2032
4.5 North America Licorice Extract Market by Form
4.5.1 North America Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Form (2017-2032)
4.5.2 North America Licorice Extract Market Attractiveness Analysis by Form, 2023–2032
4.6 North America Licorice Extract Market Value (US$ Mn) and Volume (Units) by Region
4.6.1 North America Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Region (2017-2023)
4.6.2 North America Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Region (2024-2032)
4.7 North America Licorice Extract Market Value (US$ Mn) and Volume (Units) by Product Type
4.7.1 North America Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Product Type (2017-2023)
4.7.2 North America Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Product Type (2024-2032)
4.8 North America Licorice Extract Market Value (US$ Mn) and Volume (Units) by Form
4.8.1 North America Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Form (2017-2023)
4.8.2 North America Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Form (2024-2032)
4.9 North America Licorice Extract Market Y-o-Y Growth Rate Comparison 2018–2032
4.9.1 North America Licorice Extract Market Y-o-Y Growth Rate by Region
4.9.2 North America Licorice Extract Market Y-o-Y Growth Rate by Product Type
4.9.3 North America Licorice Extract Market Y-o-Y Growth Rate by Form
4.1 North America Licorice Extract Market Share Comparison 2017–2032
4.10.1 North America Licorice Extract Market Share by Region
4.10.2 North America Licorice Extract Market Share by Product Type
4.10.3 North America Licorice Extract Market Share by Form
Chapter 5 Europe Licorice Extract Market Overview
5.1 Europe Market Snapshot
5.1.1 Regional Overview
5.1.1.1 Germany
5.1.1.2 United Kingdom
5.1.1.3 France
5.1.1.4 Italy
5.1.1.5 Spain
5.1.1.6 Russia
5.1.1.7 Rest of Europe
5.2 Europe Licorice Extract Market Outlook (2017-2032)
5.2.1 Europe Licorice Extract Market Value (US$ Mn) and Volume (Units) (2017-2023)
5.2.2 Europe Licorice Extract Market Value (US$ Mn) and Volume (Units) (2024-2032)
5.3 Europe Licorice Extract Market by Region
5.3.1 Europe Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Region (2017-2032)
5.3.2 Europe Licorice Extract Market Attractiveness Analysis by Region, 2023–2032
5.4 Europe Licorice Extract Market by Product Type
5.4.1 Europe Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Product Type (2017-2032)
5.4.2 Europe Licorice Extract Market Attractiveness Analysis by Product Type, 2023–2032
5.4.3 Europe Licorice Extract Market Attractiveness Analysis by Region, 2023–2032
5.5 Europe Licorice Extract Market by Form
5.5.1 Europe Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Form (2017-2032)
5.5.2 Europe Licorice Extract Market Attractiveness Analysis by Form, 2023–2032
5.6 Europe Licorice Extract Market Value (US$ Mn) and Volume (Units) by Region
5.6.1 Europe Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Region (2017-2023)
5.6.2 Europe Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Region (2024-2032)
5.7 Europe Licorice Extract Market Value (US$ Mn) and Volume (Units) by Product Type
5.7.1 Europe Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Product Type (2017-2023)
5.7.2 Europe Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Product Type (2024-2032)
5.8 Europe Licorice Extract Market Value (US$ Mn) and Volume (Units) by Form
5.8.1 Europe Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Form (2017-2023)
5.8.2 Europe Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Form (2024-2032)
5.9 Europe Licorice Extract Market Y-o-Y Growth Rate Comparison 2018–2032
5.9.1 Europe Licorice Extract Market Y-o-Y Growth Rate by Region
5.9.2 Europe Licorice Extract Market Y-o-Y Growth Rate by Product Type
5.9.3 Europe Licorice Extract Market Y-o-Y Growth Rate by Form
5.1 Europe Licorice Extract Market Share Comparison 2017–2032
5.10.1 Europe Licorice Extract Market Share by Region
5.10.2 Europe Licorice Extract Market Share by Product Type
5.10.3 Europe Licorice Extract Market Share by Form
Chapter 6 Asia Pacific Licorice Extract Market Overview
6.1 Asia Pacific Market Snapshot
6.1.1 Regional Overview
6.1.1.1 China
6.1.1.2 India
6.1.1.3 Japan
6.1.1.4 Australia
6.1.1.5 Rest of Asia Pacific
6.2 Asia Pacific Licorice Extract Market Outlook (2017-2032)
6.2.1 Asia Pacific Licorice Extract Market Value (US$ Mn) and Volume (Units) (2017-2023)
6.2.2 Asia Pacific Licorice Extract Market Value (US$ Mn) and Volume (Units) (2024-2032)
6.3 Asia Pacific Licorice Extract Market by Region
6.3.1 Asia Pacific Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Region (2017-2032)
6.3.2 Asia Pacific Licorice Extract Market Attractiveness Analysis by Region, 2023–2032
6.4 Asia Pacific Licorice Extract Market by Product Type
6.4.1 Asia Pacific Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Product Type (2017-2032)
6.4.2 Asia Pacific Licorice Extract Market Attractiveness Analysis by Product Type, 2023–2032
6.4.3 Asia Pacific Licorice Extract Market Attractiveness Analysis by Region, 2023–2032
6.5 Asia Pacific Licorice Extract Market by Form
6.5.1 Asia Pacific Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Form (2017-2032)
6.5.2 Asia Pacific Licorice Extract Market Attractiveness Analysis by Form, 2023–2032
6.6 Asia Pacific Licorice Extract Market Value (US$ Mn) and Volume (Units) by Region
6.6.1 Asia Pacific Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Region (2017-2023)
6.6.2 Asia Pacific Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Region (2024-2032)
6.7 Asia Pacific Licorice Extract Market Value (US$ Mn) and Volume (Units) by Product Type
6.7.1 Asia Pacific Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Product Type (2017-2023)
6.7.2 Asia Pacific Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Product Type (2024-2032)
6.8 Asia Pacific Licorice Extract Market Value (US$ Mn) and Volume (Units) by Form
6.8.1 Asia Pacific Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Form (2017-2023)
6.8.2 Asia Pacific Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Form (2024-2032)
6.9 Asia Pacific Licorice Extract Market Y-o-Y Growth Rate Comparison 2018–2032
6.9.1 Asia Pacific Licorice Extract Market Y-o-Y Growth Rate by Region
6.9.2 Asia Pacific Licorice Extract Market Y-o-Y Growth Rate by Product Type
6.9.3 Asia Pacific Licorice Extract Market Y-o-Y Growth Rate by Form
6.1 Asia Pacific Licorice Extract Market Share Comparison 2017–2032
6.10.1 Asia Pacific Licorice Extract Market Share by Region
6.10.2 Asia Pacific Licorice Extract Market Share by Product Type
6.10.3 Asia Pacific Licorice Extract Market Share by Form
Chapter 7 South America Licorice Extract Market Overview
7.1 South America Market Snapshot
7.1.1 Regional Overview
7.1.1.1 Brazil
7.1.1.2 Argentina
7.1.1.3 Rest of South America
7.2 South America Licorice Extract Market Outlook (2017-2032)
7.2.1 South America Licorice Extract Market Value (US$ Mn) and Volume (Units) (2017-2023)
7.2.2 South America Licorice Extract Market Value (US$ Mn) and Volume (Units) (2024-2032)
7.3 South America Licorice Extract Market by Region
7.3.1 South America Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Region (2017-2032)
7.3.2 South America Licorice Extract Market Attractiveness Analysis by Region, 2023–2032
7.4 South America Licorice Extract Market by Product Type
7.4.1 South America Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Product Type (2017-2032)
7.4.2 South America Licorice Extract Market Attractiveness Analysis by Product Type, 2023–2032
7.4.3 South America Licorice Extract Market Attractiveness Analysis by Region, 2023–2032
7.5 South America Licorice Extract Market by Form
7.5.1 South America Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Form (2017-2032)
7.5.2 South America Licorice Extract Market Attractiveness Analysis by Form, 2023–2032
7.6 South America Licorice Extract Market Value (US$ Mn) and Volume (Units) by Region
7.6.1 South America Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Region (2017-2023)
7.6.2 South America Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Region (2024-2032)
7.7 South America Licorice Extract Market Value (US$ Mn) and Volume (Units) by Product Type
7.7.1 South America Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Product Type (2017-2023)
7.7.2 South America Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Product Type (2024-2032)
7.8 South America Licorice Extract Market Value (US$ Mn) and Volume (Units) by Form
7.8.1 South America Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Form (2017-2023)
7.8.2 South America Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Form (2024-2032)
7.9 South America Licorice Extract Market Y-o-Y Growth Rate Comparison 2018–2032
7.9.1 South America Licorice Extract Market Y-o-Y Growth Rate by Region
7.9.2 South America Licorice Extract Market Y-o-Y Growth Rate by Product Type
7.9.3 South America Licorice Extract Market Y-o-Y Growth Rate by Form
7.1 South America Licorice Extract Market Share Comparison 2017–2032
7.10.1 South America Licorice Extract Market Share by Region
7.10.2 South America Licorice Extract Market Share by Product Type
7.10.3 South America Licorice Extract Market Share by Form
Chapter 8 Middle East and Africa Licorice Extract Market Overview
8.1 Middle East and Africa Market Snapshot
8.1.1 Regional Overview
8.1.1.1 GCC
8.1.1.2 South Africa
8.1.1.3 Israel
8.1.1.4 Rest of Middle East and Africa
8.2 Middle East and Africa Licorice Extract Market Outlook (2017-2032)
8.2.1 Middle East and Africa Licorice Extract Market Value (US$ Mn) and Volume (Units) (2017-2023)
8.2.2 Middle East and Africa Licorice Extract Market Value (US$ Mn) and Volume (Units) (2024-2032)
8.3 Middle East and Africa Licorice Extract Market by Region
8.3.1 Middle East and Africa Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Region (2017-2032)
8.3.2 Middle East and Africa Licorice Extract Market Attractiveness Analysis by Region, 2023–2032
8.4 Middle East and Africa Licorice Extract Market by Product Type
8.4.1 Middle East and Africa Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Product Type (2017-2032)
8.4.2 Middle East and Africa Licorice Extract Market Attractiveness Analysis by Product Type, 2023–2032
8.4.3 Middle East and Africa Licorice Extract Market Attractiveness Analysis by Region, 2023–2032
8.5 Middle East and Africa Licorice Extract Market by Form
8.5.1 Middle East and Africa Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Form (2017-2032)
8.5.2 Middle East and Africa Licorice Extract Market Attractiveness Analysis by Form, 2023–2032
8.6 Middle East and Africa Licorice Extract Market Value (US$ Mn) and Volume (Units) by Region
8.6.1 Middle East and Africa Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Region (2017-2023)
8.6.2 Middle East and Africa Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Region (2024-2032)
8.7 Middle East and Africa Licorice Extract Market Value (US$ Mn) and Volume (Units) by Product Type
8.7.1 Middle East and Africa Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Product Type (2017-2023)
8.7.2 Middle East and Africa Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Product Type (2024-2032)
8.8 Middle East and Africa Licorice Extract Market Value (US$ Mn) and Volume (Units) by Form
8.8.1 Middle East and Africa Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Form (2017-2023)
8.8.2 Middle East and Africa Licorice Extract Market Value (US$ Mn) and Volume (Units) Comparison by Form (2024-2032)
8.9 Middle East and Africa Licorice Extract Market Y-o-Y Growth Rate Comparison 2018–2032
8.9.1 Middle East and Africa Licorice Extract Market Y-o-Y Growth Rate by Region
8.9.2 Middle East and Africa Licorice Extract Market Y-o-Y Growth Rate by Product Type
8.9.3 Middle East and Africa Licorice Extract Market Y-o-Y Growth Rate by Form
8.1 Middle East and Africa Licorice Extract Market Share Comparison 2017–2032
8.10.1 Middle East and Africa Licorice Extract Market Share by Region
8.10.2 Middle East and Africa Licorice Extract Market Share by Product Type
8.10.3 Middle East and Africa Licorice Extract Market Share by Form
Chapter 9 Methodology and Data Source
9.1 Research Approach/ Methodology
9.2 Market Size Estimation
9.3 Market Breakdown and Data Triangulation
9.4 Data Source
9.4.1 Secondary Sources
9.4.2 Primary Sources