
Licorice Extract Market by Product Type (Feed Grade, Food Grade, Pharmaceutical Grade), Form (Block, Liquid, Powder), Application - Global Forecast 2024-2030
Description
Licorice Extract Market by Product Type (Feed Grade, Food Grade, Pharmaceutical Grade), Form (Block, Liquid, Powder), Application - Global Forecast 2024-2030
The Licorice Extract Market size was estimated at USD 2.02 billion in 2023 and expected to reach USD 2.12 billion in 2024, at a CAGR 5.84% to reach USD 3.01 billion by 2030.
Global Licorice Extract Market
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Licorice Extract Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Licorice Extract Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Licorice Extract Market, highlighting leading vendors and their innovative profiles. These include Beijing Gingko Group, Bio-Botanica Inc., Enzymedica, Inc., F&C Licorice Ltd., Himalaya Wellness Company, Mafco Worldwide LLC, Maruzen Pharmaceuticals Co., Ltd., Natural Factors USA, Nature’s Way Products, LLC, Norevo GmbH, NOW Health Group, Inc., Planetary Herbals, Inc., Sepidan Osareh Jonoob Co., VPL Chemicals Pvt Ltd., and Zagros Licorice Co..
Market Segmentation & Coverage
This research report categorizes the Licorice Extract Market to forecast the revenues and analyze trends in each of the following sub-markets:
Product Type
Feed Grade
Food Grade
Pharmaceutical Grade
Form
Block
Liquid
Powder
Application
Food & Beverages
Pharmaceutical
Tobacco
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
1. What is the market size and forecast of the Licorice Extract Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Licorice Extract Market?
3. What are the technology trends and regulatory frameworks in the Licorice Extract Market?
4. What is the market share of the leading vendors in the Licorice Extract Market?
5. Which modes and strategic moves are suitable for entering the Licorice Extract Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
186 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Licorice Extract Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Increasing use of licorice for treatment of various ailments
- 5.1.1.2. Need for flavoring agents and additives in the food and beverage industry
- 5.1.1.3. Government support to improve licorice production
- 5.1.2. Restraints
- 5.1.2.1. High price of licorice extract
- 5.1.3. Opportunities
- 5.1.3.1. Investments in microencapsulation technologies
- 5.1.3.2. Development of innovative licorice products
- 5.1.4. Challenges
- 5.1.4.1. Production complexities associated with licorice extract
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. Licorice Extract Market, by Product Type
- 6.1. Introduction
- 6.2. Feed Grade
- 6.3. Food Grade
- 6.4. Pharmaceutical Grade
- 7. Licorice Extract Market, by Form
- 7.1. Introduction
- 7.2. Block
- 7.3. Liquid
- 7.4. Powder
- 8. Licorice Extract Market, by Application
- 8.1. Introduction
- 8.2. Food & Beverages
- 8.3. Pharmaceutical
- 8.4. Tobacco
- 9. Americas Licorice Extract Market
- 9.1. Introduction
- 9.2. Argentina
- 9.3. Brazil
- 9.4. Canada
- 9.5. Mexico
- 9.6. United States
- 10. Asia-Pacific Licorice Extract Market
- 10.1. Introduction
- 10.2. Australia
- 10.3. China
- 10.4. India
- 10.5. Indonesia
- 10.6. Japan
- 10.7. Malaysia
- 10.8. Philippines
- 10.9. Singapore
- 10.
- 10. South Korea
- 10.
- 11. Taiwan
- 10.
- 12. Thailand
- 10.
- 13. Vietnam
- 11. Europe, Middle East & Africa Licorice Extract Market
- 11.1. Introduction
- 11.2. Denmark
- 11.3. Egypt
- 11.4. Finland
- 11.5. France
- 11.6. Germany
- 11.7. Israel
- 11.8. Italy
- 11.9. Netherlands
- 11.
- 10. Nigeria
- 11.
- 11. Norway
- 11.
- 12. Poland
- 11.
- 13. Qatar
- 11.
- 14. Russia
- 11.
- 15. Saudi Arabia
- 11.
- 16. South Africa
- 11.
- 17. Spain
- 11.
- 18. Sweden
- 11.
- 19. Switzerland
- 11.
- 20. Turkey
- 11.
- 21. United Arab Emirates
- 11.
- 22. United Kingdom
- 12. Competitive Landscape
- 12.1. FPNV Positioning Matrix
- 12.2. Market Share Analysis, By Key Player
- 12.3. Competitive Scenario Analysis, By Key Player
- 13. Competitive Portfolio
- 13.1. Key Company Profiles
- 13.1.1. Beijing Gingko Group
- 13.1.2. Bio-Botanica Inc.
- 13.1.3. Enzymedica, Inc.
- 13.1.4. F&C Licorice Ltd.
- 13.1.5. Himalaya Wellness Company
- 13.1.6. Mafco Worldwide LLC
- 13.1.7. Maruzen Pharmaceuticals Co., Ltd.
- 13.1.8. Natural Factors USA
- 13.1.9. Nature’s Way Products, LLC
- 13.1.
- 10. Norevo GmbH
- 13.1.
- 11. NOW Health Group, Inc.
- 13.1.
- 12. Planetary Herbals, Inc.
- 13.1.
- 13. Sepidan Osareh Jonoob Co.
- 13.1.
- 14. VPL Chemicals Pvt Ltd.
- 13.1.
- 15. Zagros Licorice Co.
- 13.2. Key Product Portfolio
- 14. Appendix
- 14.1. Discussion Guide
- 14.2. License & Pricing
- FIGURE 1. LICORICE EXTRACT MARKET RESEARCH PROCESS
- FIGURE 2. LICORICE EXTRACT MARKET SIZE, 2023 VS 2030
- FIGURE 3. LICORICE EXTRACT MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. LICORICE EXTRACT MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. LICORICE EXTRACT MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. LICORICE EXTRACT MARKET DYNAMICS
- FIGURE 7. LICORICE EXTRACT MARKET SIZE, BY PRODUCT TYPE, 2023 VS 2030 (%)
- FIGURE 8. LICORICE EXTRACT MARKET SIZE, BY PRODUCT TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. LICORICE EXTRACT MARKET SIZE, BY FORM, 2023 VS 2030 (%)
- FIGURE 10. LICORICE EXTRACT MARKET SIZE, BY FORM, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. LICORICE EXTRACT MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
- FIGURE 12. LICORICE EXTRACT MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. AMERICAS LICORICE EXTRACT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 14. AMERICAS LICORICE EXTRACT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. UNITED STATES LICORICE EXTRACT MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 16. UNITED STATES LICORICE EXTRACT MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. ASIA-PACIFIC LICORICE EXTRACT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 18. ASIA-PACIFIC LICORICE EXTRACT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. EUROPE, MIDDLE EAST & AFRICA LICORICE EXTRACT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 20. EUROPE, MIDDLE EAST & AFRICA LICORICE EXTRACT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. LICORICE EXTRACT MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 22. LICORICE EXTRACT MARKET SHARE, BY KEY PLAYER, 2023
Pricing
Currency Rates
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