Licorice Root Market Industry Analysis, Growth, and Forecast By 2024

Global Licorice Root market is segregated on the basis of Product type as Roots and Extracts.

November 21, 2018 —

Global Licorice Root market report provides geographic analysis covering regions such as North America, Europe, Asia Pacific, and Rest of World. The Licorice Root market for each region is further segmented for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.

Market Research Engine has published a new report titled as “Licorice Root Market Size, By Product Type (Roots, Extracts), By End Use (Food & Beverages Industry, Cosmetic Industry, Tobacco Industry, Pharmaceutical industry, Dietary Supplements, Others), By Region, Market Analysis Report, Forecast 2018-2024”.

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Global Licorice Root market is segregated on the basis of Product type as Roots and Extracts. Based on end use, the global Licorice Root market is segmented in food & beverages industry, Cosmetic industry, tobacco industry, pharmaceutical industry, dietary supplements and others.

The high salt content in the land is good for the sweetener ingredient that is found in licorice root, as licorice is a salt-tolerated shrub that contains sweetener as a core functional ingredient. Licorice root extract is a very important flavouring agent and component at present in the confectionery and tobacco industries. The cost of production of these crops is comparatively high and switching production to licorice will help the farmers as well as crop producing companies in the region to gain profits from and also suffice the growing demand for licorice from several end-use industries.

The Licorice Root Market has been segmented as below:

Licorice Root Market, by Product Type

Roots
Extracts

Licorice Root Market, by End Use

Food & Beverages industry
Cosmetic Industry
Tobacco Industry
Pharmaceutical Industry
Dietary Supplements
Others

Licorice Root Market, By Region

North America
Europe
Asia Pacific
Rest of World

The report covers:

Global Licorice Root market sizes from 2015 to 2024, along with CAGR for 2018-2024.
Market size comparison for 2017 vs 2024, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2024
Global Licorice Root market trends, covering comprehensive range of consumer trends & manufacturer trends
Value chain analysis covering participants from raw material suppliers to the downstream buyer in the Licorice Root market
Major market opportunities and challenges in forecast timeframe to be focused
Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
Comprehensive company profiles of the key industry players

Report scope:

Global Licorice Root market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Licorice Root market share. Major industry players with significant revenue share include F & C Licorice Group, Shadian, Green Agro Invest LLC, Russolod LLC etc.

Competitive Rivalry

NOREVO GmbH, Herbs Iran, Naturex SA is among the major players in the global Licorice Root market share. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain

Reasons to Buy this Report:

Gain detailed insights on the Licorice Root industry trends
Find complete analysis on the market status
Identify the Licorice Root market opportunities and growth segments
Analyse competitive dynamics by evaluating business segments & product portfolios
Facilitate strategy planning and industry dynamics to enhance decision making

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Table of Contents:

Introduction
Research Methodology
Executive Summary
Market Overview

4.1. Introduction

4.2. Drivers

4.2.1. Advancement and developments in R&D

4.2.2. Technological advancements

4.3. Restraints

4.3.1. High in cost of raw material

Licorice Root Market, By Product Type
Licorice Root Market, By End Use
Competitive Landscape
Company Profile

8.1. F & C Licorice Group

8.2. Herbs Iran