Complete Report on Licorice Extract Market Size, Share, Trends, Segmentation and Forecast to 2027

Licorice is an herb that is native to Russia and Asia to Iran. Many species are now cultivated throughout Europe, Asia, and the Middle East. Licorice extracts are used in herbalism and traditional medicine. An extract of licorice, used in supplements, can concentrate isoflavonoid and flavonoid compounds with a relatively low Glycyrrhizin content. Some of these flavanoids appear to be the ones that exert properties that would be seen as beneficial.

The licorice extract market is anticipated to grow in the forecast period owing to the increasing demand for organic products. Growing awareness of the health benefits attributed to licorice extract has boosted the growth of the licorice extract market. However, the lack of the availability of the raw materials restricts the growth of the licorice extract market. On the other hand, the increasing usage of licorice in the herbal medicines and herbal products is likely to showcase growth opportunities for the licorice extract market during the forecast period.

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Key Players:
1. Aseh Co.
2. Aushadhi Herbal
3. FC Licorice
4. Mafco Worldwide LLC
5. Maruzen Pharmaceuticals Co. Ltd.
6. NOREVO
7. Phyto Life Sciences P. Ltd.
8. SepidanOsareh Co.
9. Zagros Licorice Co.
10. Zelang Group

Market Segmentation:
The global licorice extract market is segmented on the basis of form, grade, and application. Based on form, the market is segmented as powder, paste and blocks. On the basis of grade, the market is segmented as pharmaceutical, food, and feed. On the basis of the application, the market is segmented as pharmaceuticals, tobacco, food and beverages, and others.

The Table of Content for Licorice Extract Market research study includes:
1. Introduction
2. Key Takeaways
3. Research Methodology
4. Licorice Extract Market Landscape
5. Licorice Extract Market - Key Market Dynamics
6. Licorice Extract Market - Global Market Analysis
7. Licorice Extract Market - Revenue And Forecasts to 2027 – Type
8. Licorice Extract Market - Revenue And Forecasts to 2027 – Type of Product
9. Licorice Extract Market - Revenue And Forecasts to 2027 – Service
10. Licorice Extract Market Revenue And Forecasts to 2027 – Geographical Analysis
11. Impact of Covid-19 Pandemic on Global Licorice Extract Market
12. Industry Landscape
13. Licorice Extract Market, Key Company Profiles
14. Appendix
15. List of Tables
16. List of Figures

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