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Description
The global Licorice Root Extracts for Food and Beverage market is projected to grow from US$ million in 2025 to US$ million by 2032, at a CAGR of %(2026-2032), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
Licorice root extract is also utilized in the food and beverage industry for its distinctive flavor and potential health benefits. Here are some common uses of licorice root extracts in food and beverage applications:
Flavoring Agent: Licorice root extract is prized for its sweet and slightly bitter flavor, which adds depth to various food and beverage products. It is commonly used to impart a licorice-like taste to candies, confectionery, chewing gums, and beverages such as teas, sodas, and herbal infusions.
Natural Sweetener: Glycyrrhizin, a compound found in licorice root extract, is about 50 times sweeter than sucrose (table sugar). This makes licorice root extract a potential natural sweetener for certain food and beverage products, including candies, desserts, and flavored syrups.
Digestive Aid: In traditional medicine, licorice root has been used to aid digestion and soothe gastrointestinal discomfort. Beverages like licorice tea or herbal blends containing licorice root extract are consumed for their purported digestive benefits.
Functional Ingredient: Licorice root extract is sometimes included in functional food and beverage products for its potential health-promoting properties. For example, it may be added to energy drinks, wellness shots, or health supplements targeting specific health concerns like immune support or stress relief.
Coloring Agent: Licorice root extract can impart a dark brown color to food and beverage products, which may be desirable for certain applications. It is used as a natural coloring agent in items such as sauces, syrups, and alcoholic beverages.
Preservative: Some components of licorice root extract exhibit antimicrobial properties, which can help extend the shelf life of certain food and beverage products by inhibiting the growth of spoilage microorganisms.
When used in food and beverage applications, licorice root extract is typically added in appropriate concentrations to achieve the desired flavor profile and functional properties. However, it's important to consider potential allergenicity and regulatory guidelines regarding the use of licorice root extract in different countries. Additionally, individuals with certain health conditions or those taking medications should consume licorice-containing products in moderation, as excessive consumption may lead to adverse effects.
From a downstream perspective, Food accounted for % of 2025 revenue, surging to US$ million by 2032 (CAGR: % from 2026–2032).
Licorice Root Extracts for Food and Beverage leading manufacturers (including Norevo, Mafco Worldwide, F&C Licorice, Zagros Licorice, Sepidan Osareh, VPL Chemicals, Ransom Naturals, ASEH Licorice, Naturex SA, Aushadhi Herbal, etc.), dominate supply; the top five capture approximately % of global revenue, with Norevo leading 2025 sales at US$ million.
Regional Outlook:
North America rose from US$ million in 2025 to a forecast US$ million by 2032 (CAGR %).
Asia‑Pacific will expand from US$ million to US$ million (CAGR %), led by China (US$ million in 2025, % share rising to % by 2032), Japan (CAGR %), South Korea (CAGR %), and Southeast Asia (CAGR %).
Europe is set to grow from US$ million to US$ million (CAGR %), with Germany projected to hit US$ million by 2032 (CAGR %).
This definitive report equips business leaders, decision-makers, and stakeholders with a 360° view of the global Licorice Root Extracts for Food and Beverage market, seamlessly integrating production capacity and sales performance across the value chain. It analyzes historical production, revenue, and sales data (2021–2025) and delivers forecasts through 2032, illuminating demand trends and growth drivers.
By segmenting the market by Type and by Application, the study quantifies volume and value, growth rates, technical innovations, niche opportunities, and substitution risks, and analyzes downstream customers distribution pattern.
Granular regional insights cover five major markets (North America, Europe, APAC, South America, and MEA) with in‑depth analysis of 20+ countries. Each region’s dominant products, competitive landscape, and downstream demand trends are clearly detailed.
Critical competitive intelligence profiles manufacturers (capacity, sales volume, revenue, margins, pricing strategies, and major customers) and dissects the top-player positioning across product lines, applications, and regions to reveal strategic strengths.
A concise supply‑chain overview maps upstream suppliers, manufacturing technologies, cost structures, and distribution dynamics to identify strategic gaps and unmet demand.
Market Segmentation
Report Metric
Details
Report Title
Global Licorice Root Extracts for Food and Beverage Market Outlook, In‑Depth Analysis & Forecast to 2032
Market Size Available for Years
2026-2032
Global Licorice Root Extracts for Food and Beverage Companies Covered
Norevo
Mafco Worldwide
F&C Licorice
Zagros Licorice
Sepidan Osareh
VPL Chemicals
Ransom Naturals
ASEH Licorice
Naturex SA
Aushadhi Herbal
Maruzen Pharmaceuticals
SK Bioland
Amruta Herbals
Sabinsa
BotanicalsPlus
Indus Extracts
Amsar
Phyto Life Sciences
The Garden of Naturalsolution
Qinghai Lake Pharmaceutical
Carrubba
Actives International
Huzhou Ouli Biotechnology
Bioveda Naturals
Spec-Chem Industry
AQIA
Croda
Norevo GmbH
Global Licorice Root Extracts for Food and Beverage Market, by Region
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Licorice Root Extracts for Food and Beverage Market, Segment by Type
Licorice Extracts Granules and Nuggets
Licorice Extracts Powders
Licorice Extracts Pastes
Global Licorice Root Extracts for Food and Beverage Market, Segment by Application
Food
Beverage
Forecast Units
Million USD
Report Coverage
Revenue and volume forecast, company share, competitive landscape, growth factors and trends
Chapter Outline
Chapter 1: Defines the Licorice Root Extracts for Food and Beverage study scope, segments the market by Type and by Application, etc, highlights segment size and growth potential
Chapter 2: Offers current market state, projects global revenue, sales, and production to 2032, pinpointing high consumption regions and emerging market catalysts
Chapter 3: Dissects the manufacturer landscape: ranks by volume and revenue, analyzes profitability and pricing, maps production bases, details manufacturer performance by product type and evaluates concentration alongside M&A moves
Chapter 4: Unlocks high margin product segments: compares sales, revenue, ASP, and technology differentiators, highlighting growth niches and substitution risks
Chapter 5: Targets downstream market opportunities: evaluates sales, revenue, and pricing by Application, identifies emerging use cases, and profiles leading customers by region and by Application
Chapter 6: Maps global production capacity, utilization, and market share (2021–2032), identifies efficient hubs, reveals regulatory/trade policy impacts and bottlenecks
Chapter 7: North America: breaks down sales and revenue by Application and country, profiles key manufacturers and assesses growth drivers and barriers
Chapter 8: Europe: analyses regional sales, revenue and market by Application and manufacturers, flagging drivers and barriers
Chapter 9: Asia Pacific: quantifies sales and revenue by Application, and region/country, profiles top manufacturers, and uncovers high potential expansion areas
Chapter 10: Central & South America: measures sales and revenue by Application, and country, profiles top manufacturers, and identifies investment opportunities and challenges
Chapter 11: Middle East and Africa: evaluates sales and revenue by Application, and country, profiles key manufacturers, and outlines investment prospects and market hurdles
Chapter 12: Profiles manufacturers in depth: details product specs, capacity, sales, revenue, margins; top manufactures 2025 sales breakdowns by product type, by Application, by sales region SWOT analysis, and recent strategic developments
Chapter 13: Supply chain: analyses upstream raw materials and suppliers, manufacturing footprint and technology, cost drivers, plus downstream channels and distributor roles
Chapter 14: Market dynamics: explores drivers, restraints, regulatory impacts, and risk mitigation strategies
Chapter 15: Actionable conclusions and strategic recommendations.
Why This Report:
Beyond standard market data, this analysis provides a clear profitability roadmap, empowering you to:
Allocate capital strategically to high growth regions (Chapters 7-11) and margin rich segments (Chapter 5).
Negotiate from strength with suppliers (Chapter 13) and customers (Chapter 6) using cost and demand intelligence.
Outmaneuver competitors with granular insights into their operations, margins, and strategies (Chapters 4 and 12).
Secure your supply chain against disruptions through upstream and downstream visibility (Chapters 13 and 14).
Leverage this 360° intelligence to turn market complexity into actionable competitive advantage.
Table of Contents
1 Study Coverage
1.1 Introduction to Licorice Root Extracts for Food and Beverage: Definition, Properties, and Key Attributes
1.2 Market Segmentation by Type
1.2.1 Global Licorice Root Extracts for Food and Beverage Market Size by Type, 2021 vs 2025 vs 2032
1.2.2 Licorice Extracts Granules and Nuggets
1.2.3 Licorice Extracts Powders
1.2.4 Licorice Extracts Pastes
1.3 Market Segmentation by Application
1.3.1 Global Licorice Root Extracts for Food and Beverage Market Size by Application, 2021 vs 2025 vs 2032
1.3.2 Food
1.3.3 Beverage
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Executive Summary
2.1 Global Licorice Root Extracts for Food and Beverage Revenue Estimates and Forecasts (2021-2032)
2.2 Global Licorice Root Extracts for Food and Beverage Revenue by Region
2.2.1 Revenue Comparison: 2021 vs 2025 vs 2032
2.2.2 Global Revenue-Based Market Share by Region (2021-2032)
2.3 Global Licorice Root Extracts for Food and Beverage Sales Estimates and Forecasts (2021-2032)
2.4 Global Licorice Root Extracts for Food and Beverage Sales by Region
2.4.1 Sales Comparison: 2021 vs 2025 vs 2032
2.4.2 Global Sales Market Share by Region (2021-2032)
2.4.3 Emerging Market Focus: Growth Drivers & Investment Trends
2.5 Global Licorice Root Extracts for Food and Beverage Production Capacity and Utilization (2021 vs 2025 vs 2032)
2.6 Production Comparison by Region: 2021 vs 2025 vs 2032
3 Competitive Landscape
3.1 Global Licorice Root Extracts for Food and Beverage Sales by Manufacturers
3.1.1 Global Sales Volume by Manufacturers (2021-2026)
3.1.2 Global Top 5 and Top 10 Manufacturers’Market Share by Sales Volume (2025)
3.2 Global Licorice Root Extracts for Food and Beverage Manufacturer Revenue Rankings and Tiers
3.2.1 Global Revenue (Value) by Manufacturers (2021-2026)
3.2.2 Global Key Manufacturer Revenue Ranking (2024 vs. 2025)
3.2.3 Revenue-Based Tier Segmentation (Tier 1, Tier 2, and Tier 3)
3.3 Manufacturer Profitability Profiles and Pricing Strategies
3.3.1 Gross Margin by Top Manufacturer (2021 vs. 2025)
3.3.2 Manufacturer-Level Price Trends (2021-2026)
3.4 Key Manufacturers Manufacturing Base and Headquarters
3.5 Key Manufacturers Market Share by Product Type
3.5.1 Licorice Extracts Granules and Nuggets: Market Share by Key Manufacturers
3.5.2 Licorice Extracts Powders: Market Share by Key Manufacturers
3.5.3 Licorice Extracts Pastes: Market Share by Key Manufacturers
3.6 Global Licorice Root Extracts for Food and Beverage Market Concentration and Dynamics
3.6.1 Global Market Concentration
3.6.2 Market Entry and Exit Analysis
3.6.3 Strategic Moves: M&A, Capacity Expansion, R&D Investment
4 Product Segmentation
4.1 Global Licorice Root Extracts for Food and Beverage Sales Performance by Type
4.1.1 Global Licorice Root Extracts for Food and Beverage Sales Volume by Type (2021-2032)
4.1.2 Global Licorice Root Extracts for Food and Beverage Revenue by Type (2021-2032)
4.1.3 Global Average Selling Price (ASP) Trends by Type (2021-2032)
4.2 Product Technology Differentiation
4.3 Subtype Dynamics: Growth Leaders, Profitability and Risk
4.3.1 High-Growth Niches and Adoption Drivers
4.3.2 Profitability Hotspots and Cost Drivers
4.3.3 Substitution Threats
5 Downstream Applications and Customers
5.1 Global Licorice Root Extracts for Food and Beverage Sales by Application
5.1.1 Global Historical and Forecasted Sales by Application (2021-2032)
5.1.2 Global Sales Market Share by Application (2021-2032)
5.1.3 High-Growth Application Identification
5.1.4 Emerging Application Case Studies
5.2 Global Licorice Root Extracts for Food and Beverage Revenue by Application
5.2.1 Global Historical and Forecasted Revenue by Application (2021-2032)
5.2.2 Revenue-Based Market Share by Application (2021-2032)
5.3 Global Pricing Dynamics by Application (2021-2032)
5.4 Downstream Customer Analysis
5.4.1 Top Customers by Region
5.4.2 Top Customers by Application
6 Global Production Analysis
6.1 Global Licorice Root Extracts for Food and Beverage Production Capacity and Utilization Rates (2021–2032)
6.2 Regional Production Dynamics and Outlook
6.2.1 Historic Production by Region (2021-2026)
6.2.2 Forecasted Production by Region (2027-2032)
6.2.3 Production Market Share by Region (2021-2032)
6.2.4 Regulatory and Trade Policy Impact on Production
6.2.5 Production Capacity Enablers and Constraints
6.3 Key Regional Production Hubs
6.3.1 North America
6.3.2 Europe
6.3.3 China
6.3.4 Japan
7 North America
7.1 North America Sales Volume and Revenue (2021-2032)
7.2 North America Key Manufacturers Sales Revenue in 2025
7.3 North America Licorice Root Extracts for Food and Beverage Sales and Revenue by Application (2021-2032)
7.4 North America Growth Accelerators and Market Barriers
7.5 North America Licorice Root Extracts for Food and Beverage Market Size by Country
7.5.1 North America Revenue by Country
7.5.2 North America Sales Trends by Country
7.5.3 US
7.5.4 Canada
7.5.5 Mexico
8 Europe
8.1 Europe Sales Volume and Revenue (2021-2032)
8.2 Europe Key Manufacturers Sales Revenue in 2025
8.3 Europe Licorice Root Extracts for Food and Beverage Sales and Revenue by Application (2021-2032)
8.4 Europe Growth Accelerators and Market Barriers
8.5 Europe Licorice Root Extracts for Food and Beverage Market Size by Country
8.5.1 Europe Revenue by Country
8.5.2 Europe Sales Trends by Country
8.5.3 Germany
8.5.4 France
8.5.5 U.K.
8.5.6 Italy
8.5.7 Russia
9 Asia-Pacific
9.1 Asia-Pacific Sales Volume and Revenue (2021-2032)
9.2 Asia-Pacific Key Manufacturers Sales Revenue in 2025
9.3 Asia-Pacific Licorice Root Extracts for Food and Beverage Sales and Revenue by Application (2021-2032)
9.4 Asia-Pacific Licorice Root Extracts for Food and Beverage Market Size by Region
9.4.1 Asia-Pacific Revenue by Region
9.4.2 Asia-Pacific Sales Trends by Region
9.5 Asia-Pacific Growth Accelerators and Market Barriers
9.6 Southeast Asia
9.6.1 Southeast Asia Revenue by Country (2021 vs 2025 vs 2032)
9.6.2 Key Country Analysis: Indonesia, Vietnam, Thailand
9.7 China
9.8 Japan
9.9 South Korea
9.10 China Taiwan
9.11 India
10 Central and South America
10.1 Central and South America Sales Volume and Revenue (2021-2032)
10.2 Central and South America Key Manufacturers Sales Revenue in 2025
10.3 Central and South America Licorice Root Extracts for Food and Beverage Sales and Revenue by Application (2021-2032)
10.4 Central and South America Investment Opportunities and Key Challenges
10.5 Central and South America Licorice Root Extracts for Food and Beverage Market Size by Country
10.5.1 Central and South America Revenue Trends by Country (2021 vs 2025 vs 2032)
10.5.2 Brazil
10.5.3 Argentina
11 Middle East and Africa
11.1 Middle East and Africa Sales Volume and Revenue (2021-2032)
11.2 Middle East and Africa Key Manufacturers Sales Revenue in 2025
11.3 Middle East and Africa Licorice Root Extracts for Food and Beverage Sales and Revenue by Application (2021-2032)
11.4 Middle East and Africa Investment Opportunities and Key Challenges
11.5 Middle East and Africa Licorice Root Extracts for Food and Beverage Market Size by Country
11.5.1 Middle East and Africa Revenue Trends by Country (2021 vs 2025 vs 2032)
11.5.2 GCC Countries
11.5.3 Turkey
11.5.4 Egypt
11.5.5 South Africa
12 Corporate Profile
12.1 Norevo
12.1.1 Norevo Corporation Information
12.1.2 Norevo Business Overview
12.1.3 Norevo Licorice Root Extracts for Food and Beverage Product Models, Descriptions and Specifications
12.1.4 Norevo Licorice Root Extracts for Food and Beverage Capacity, Sales, Price, Revenue and Gross Margin (2021-2026)
12.1.5 Norevo Licorice Root Extracts for Food and Beverage Sales by Product in 2025
12.1.6 Norevo Licorice Root Extracts for Food and Beverage Sales by Application in 2025
12.1.7 Norevo Licorice Root Extracts for Food and Beverage Sales by Geographic Area in 2025
12.1.8 Norevo Licorice Root Extracts for Food and Beverage SWOT Analysis
12.1.9 Norevo Recent Developments
12.2 Mafco Worldwide
12.2.1 Mafco Worldwide Corporation Information
12.2.2 Mafco Worldwide Business Overview
12.2.3 Mafco Worldwide Licorice Root Extracts for Food and Beverage Product Models, Descriptions and Specifications
12.2.4 Mafco Worldwide Licorice Root Extracts for Food and Beverage Capacity, Sales, Price, Revenue and Gross Margin (2021-2026)
12.2.5 Mafco Worldwide Licorice Root Extracts for Food and Beverage Sales by Product in 2025
12.2.6 Mafco Worldwide Licorice Root Extracts for Food and Beverage Sales by Application in 2025
12.2.7 Mafco Worldwide Licorice Root Extracts for Food and Beverage Sales by Geographic Area in 2025
12.2.8 Mafco Worldwide Licorice Root Extracts for Food and Beverage SWOT Analysis
12.2.9 Mafco Worldwide Recent Developments
12.3 F&C Licorice
12.3.1 F&C Licorice Corporation Information
12.3.2 F&C Licorice Business Overview
12.3.3 F&C Licorice Licorice Root Extracts for Food and Beverage Product Models, Descriptions and Specifications
12.3.4 F&C Licorice Licorice Root Extracts for Food and Beverage Capacity, Sales, Price, Revenue and Gross Margin (2021-2026)
12.3.5 F&C Licorice Licorice Root Extracts for Food and Beverage Sales by Product in 2025
12.3.6 F&C Licorice Licorice Root Extracts for Food and Beverage Sales by Application in 2025
12.3.7 F&C Licorice Licorice Root Extracts for Food and Beverage Sales by Geographic Area in 2025
12.3.8 F&C Licorice Licorice Root Extracts for Food and Beverage SWOT Analysis
12.3.9 F&C Licorice Recent Developments
12.4 Zagros Licorice
12.4.1 Zagros Licorice Corporation Information
12.4.2 Zagros Licorice Business Overview
12.4.3 Zagros Licorice Licorice Root Extracts for Food and Beverage Product Models, Descriptions and Specifications
12.4.4 Zagros Licorice Licorice Root Extracts for Food and Beverage Capacity, Sales, Price, Revenue and Gross Margin (2021-2026)
12.4.5 Zagros Licorice Licorice Root Extracts for Food and Beverage Sales by Product in 2025
12.4.6 Zagros Licorice Licorice Root Extracts for Food and Beverage Sales by Application in 2025
12.4.7 Zagros Licorice Licorice Root Extracts for Food and Beverage Sales by Geographic Area in 2025
12.4.8 Zagros Licorice Licorice Root Extracts for Food and Beverage SWOT Analysis
12.4.9 Zagros Licorice Recent Developments
12.5 Sepidan Osareh
12.5.1 Sepidan Osareh Corporation Information
12.5.2 Sepidan Osareh Business Overview
12.5.3 Sepidan Osareh Licorice Root Extracts for Food and Beverage Product Models, Descriptions and Specifications
12.5.4 Sepidan Osareh Licorice Root Extracts for Food and Beverage Capacity, Sales, Price, Revenue and Gross Margin (2021-2026)
12.5.5 Sepidan Osareh Licorice Root Extracts for Food and Beverage Sales by Product in 2025
12.5.6 Sepidan Osareh Licorice Root Extracts for Food and Beverage Sales by Application in 2025
12.5.7 Sepidan Osareh Licorice Root Extracts for Food and Beverage Sales by Geographic Area in 2025
12.5.8 Sepidan Osareh Licorice Root Extracts for Food and Beverage SWOT Analysis
12.5.9 Sepidan Osareh Recent Developments
12.6 VPL Chemicals
12.6.1 VPL Chemicals Corporation Information
12.6.2 VPL Chemicals Business Overview
12.6.3 VPL Chemicals Licorice Root Extracts for Food and Beverage Product Models, Descriptions and Specifications
12.6.4 VPL Chemicals Licorice Root Extracts for Food and Beverage Capacity, Sales, Price, Revenue and Gross Margin (2021-2026)
12.6.5 VPL Chemicals Recent Developments
12.7 Ransom Naturals
12.7.1 Ransom Naturals Corporation Information
12.7.2 Ransom Naturals Business Overview
12.7.3 Ransom Naturals Licorice Root Extracts for Food and Beverage Product Models, Descriptions and Specifications
12.7.4 Ransom Naturals Licorice Root Extracts for Food and Beverage Capacity, Sales, Price, Revenue and Gross Margin (2021-2026)
12.7.5 Ransom Naturals Recent Developments
12.8 ASEH Licorice
12.8.1 ASEH Licorice Corporation Information
12.8.2 ASEH Licorice Business Overview
12.8.3 ASEH Licorice Licorice Root Extracts for Food and Beverage Product Models, Descriptions and Specifications
12.8.4 ASEH Licorice Licorice Root Extracts for Food and Beverage Capacity, Sales, Price, Revenue and Gross Margin (2021-2026)
12.8.5 ASEH Licorice Recent Developments
12.9 Naturex SA
12.9.1 Naturex SA Corporation Information
12.9.2 Naturex SA Business Overview
12.9.3 Naturex SA Licorice Root Extracts for Food and Beverage Product Models, Descriptions and Specifications
12.9.4 Naturex SA Licorice Root Extracts for Food and Beverage Capacity, Sales, Price, Revenue and Gross Margin (2021-2026)
12.9.5 Naturex SA Recent Developments
12.10 Aushadhi Herbal
12.10.1 Aushadhi Herbal Corporation Information
12.10.2 Aushadhi Herbal Business Overview
12.10.3 Aushadhi Herbal Licorice Root Extracts for Food and Beverage Product Models, Descriptions and Specifications
12.10.4 Aushadhi Herbal Licorice Root Extracts for Food and Beverage Capacity, Sales, Price, Revenue and Gross Margin (2021-2026)
12.10.5 Aushadhi Herbal Recent Developments
12.11 Maruzen Pharmaceuticals
12.11.1 Maruzen Pharmaceuticals Corporation Information
12.11.2 Maruzen Pharmaceuticals Business Overview
12.11.3 Maruzen Pharmaceuticals Licorice Root Extracts for Food and Beverage Product Models, Descriptions and Specifications
12.11.4 Maruzen Pharmaceuticals Licorice Root Extracts for Food and Beverage Capacity, Sales, Price, Revenue and Gross Margin (2021-2026)
12.11.5 Maruzen Pharmaceuticals Recent Developments
12.12 SK Bioland
12.12.1 SK Bioland Corporation Information
12.12.2 SK Bioland Business Overview
12.12.3 SK Bioland Licorice Root Extracts for Food and Beverage Product Models, Descriptions and Specifications
12.12.4 SK Bioland Licorice Root Extracts for Food and Beverage Capacity, Sales, Price, Revenue and Gross Margin (2021-2026)
12.12.5 SK Bioland Recent Developments
12.13 Amruta Herbals
12.13.1 Amruta Herbals Corporation Information
12.13.2 Amruta Herbals Business Overview
12.13.3 Amruta Herbals Licorice Root Extracts for Food and Beverage Product Models, Descriptions and Specifications
12.13.4 Amruta Herbals Licorice Root Extracts for Food and Beverage Capacity, Sales, Price, Revenue and Gross Margin (2021-2026)
12.13.5 Amruta Herbals Recent Developments
12.14 Sabinsa
12.14.1 Sabinsa Corporation Information
12.14.2 Sabinsa Business Overview
12.14.3 Sabinsa Licorice Root Extracts for Food and Beverage Product Models, Descriptions and Specifications
12.14.4 Sabinsa Licorice Root Extracts for Food and Beverage Capacity, Sales, Price, Revenue and Gross Margin (2021-2026)
12.14.5 Sabinsa Recent Developments
12.15 BotanicalsPlus
12.15.1 BotanicalsPlus Corporation Information
12.15.2 BotanicalsPlus Business Overview
12.15.3 BotanicalsPlus Licorice Root Extracts for Food and Beverage Product Models, Descriptions and Specifications
12.15.4 BotanicalsPlus Licorice Root Extracts for Food and Beverage Capacity, Sales, Price, Revenue and Gross Margin (2021-2026)
12.15.5 BotanicalsPlus Recent Developments
12.16 Indus Extracts
12.16.1 Indus Extracts Corporation Information
12.16.2 Indus Extracts Business Overview
12.16.3 Indus Extracts Licorice Root Extracts for Food and Beverage Product Models, Descriptions and Specifications
12.16.4 Indus Extracts Licorice Root Extracts for Food and Beverage Capacity, Sales, Price, Revenue and Gross Margin (2021-2026)
12.16.5 Indus Extracts Recent Developments
12.17 Amsar
12.17.1 Amsar Corporation Information
12.17.2 Amsar Business Overview
12.17.3 Amsar Licorice Root Extracts for Food and Beverage Product Models, Descriptions and Specifications
12.17.4 Amsar Licorice Root Extracts for Food and Beverage Capacity, Sales, Price, Revenue and Gross Margin (2021-2026)
12.17.5 Amsar Recent Developments
12.18 Phyto Life Sciences
12.18.1 Phyto Life Sciences Corporation Information
12.18.2 Phyto Life Sciences Business Overview
12.18.3 Phyto Life Sciences Licorice Root Extracts for Food and Beverage Product Models, Descriptions and Specifications
12.18.4 Phyto Life Sciences Licorice Root Extracts for Food and Beverage Capacity, Sales, Price, Revenue and Gross Margin (2021-2026)
12.18.5 Phyto Life Sciences Recent Developments
12.19 The Garden of Naturalsolution
12.19.1 The Garden of Naturalsolution Corporation Information
12.19.2 The Garden of Naturalsolution Business Overview
12.19.3 The Garden of Naturalsolution Licorice Root Extracts for Food and Beverage Product Models, Descriptions and Specifications
12.19.4 The Garden of Naturalsolution Licorice Root Extracts for Food and Beverage Capacity, Sales, Price, Revenue and Gross Margin (2021-2026)
12.19.5 The Garden of Naturalsolution Recent Developments
12.20 Qinghai Lake Pharmaceutical
12.20.1 Qinghai Lake Pharmaceutical Corporation Information
12.20.2 Qinghai Lake Pharmaceutical Business Overview
12.20.3 Qinghai Lake Pharmaceutical Licorice Root Extracts for Food and Beverage Product Models, Descriptions and Specifications
12.20.4 Qinghai Lake Pharmaceutical Licorice Root Extracts for Food and Beverage Capacity, Sales, Price, Revenue and Gross Margin (2021-2026)
12.20.5 Qinghai Lake Pharmaceutical Recent Developments
12.21 Carrubba
12.21.1 Carrubba Corporation Information
12.21.2 Carrubba Business Overview
12.21.3 Carrubba Licorice Root Extracts for Food and Beverage Product Models, Descriptions and Specifications
12.21.4 Carrubba Licorice Root Extracts for Food and Beverage Capacity, Sales, Price, Revenue and Gross Margin (2021-2026)
12.21.5 Carrubba Recent Developments
12.22 Actives International
12.22.1 Actives International Corporation Information
12.22.2 Actives International Business Overview
12.22.3 Actives International Licorice Root Extracts for Food and Beverage Product Models, Descriptions and Specifications
12.22.4 Actives International Licorice Root Extracts for Food and Beverage Capacity, Sales, Price, Revenue and Gross Margin (2021-2026)
12.22.5 Actives International Recent Developments
12.23 Huzhou Ouli Biotechnology
12.23.1 Huzhou Ouli Biotechnology Corporation Information
12.23.2 Huzhou Ouli Biotechnology Business Overview
12.23.3 Huzhou Ouli Biotechnology Licorice Root Extracts for Food and Beverage Product Models, Descriptions and Specifications
12.23.4 Huzhou Ouli Biotechnology Licorice Root Extracts for Food and Beverage Capacity, Sales, Price, Revenue and Gross Margin (2021-2026)
12.23.5 Huzhou Ouli Biotechnology Recent Developments
12.24 Bioveda Naturals
12.24.1 Bioveda Naturals Corporation Information
12.24.2 Bioveda Naturals Business Overview
12.24.3 Bioveda Naturals Licorice Root Extracts for Food and Beverage Product Models, Descriptions and Specifications
12.24.4 Bioveda Naturals Licorice Root Extracts for Food and Beverage Capacity, Sales, Price, Revenue and Gross Margin (2021-2026)
12.24.5 Bioveda Naturals Recent Developments
12.25 Spec-Chem Industry
12.25.1 Spec-Chem Industry Corporation Information
12.25.2 Spec-Chem Industry Business Overview
12.25.3 Spec-Chem Industry Licorice Root Extracts for Food and Beverage Product Models, Descriptions and Specifications
12.25.4 Spec-Chem Industry Licorice Root Extracts for Food and Beverage Capacity, Sales, Price, Revenue and Gross Margin (2021-2026)
12.25.5 Spec-Chem Industry Recent Developments
12.26 AQIA
12.26.1 AQIA Corporation Information
12.26.2 AQIA Business Overview
12.26.3 AQIA Licorice Root Extracts for Food and Beverage Product Models, Descriptions and Specifications
12.26.4 AQIA Licorice Root Extracts for Food and Beverage Capacity, Sales, Price, Revenue and Gross Margin (2021-2026)
12.26.5 AQIA Recent Developments
12.27 Croda
12.27.1 Croda Corporation Information
12.27.2 Croda Business Overview
12.27.3 Croda Licorice Root Extracts for Food and Beverage Product Models, Descriptions and Specifications
12.27.4 Croda Licorice Root Extracts for Food and Beverage Capacity, Sales, Price, Revenue and Gross Margin (2021-2026)
12.27.5 Croda Recent Developments
12.28 Norevo GmbH
12.28.1 Norevo GmbH Corporation Information
12.28.2 Norevo GmbH Business Overview
12.28.3 Norevo GmbH Licorice Root Extracts for Food and Beverage Product Models, Descriptions and Specifications
12.28.4 Norevo GmbH Licorice Root Extracts for Food and Beverage Capacity, Sales, Price, Revenue and Gross Margin (2021-2026)
12.28.5 Norevo GmbH Recent Developments
13 Value Chain and Supply-Chain Analysis
13.1 Licorice Root Extracts for Food and Beverage Industry Chain
13.2 Licorice Root Extracts for Food and Beverage Upstream Materials Analysis
13.2.1 Raw Materials
13.2.2 Key Suppliers Market Share & Risk Assessment
13.3 Licorice Root Extracts for Food and Beverage Integrated Production Analysis
13.3.1 Manufacturing Footprint Analysis
13.3.2 Production Technology Overview
13.3.3 Regional Cost Drivers
13.4 Licorice Root Extracts for Food and Beverage Sales Channels and Distribution Networks
13.4.1 Sales Channels
13.4.2 Distributors
14 Licorice Root Extracts for Food and Beverage Market Dynamics
14.1 Industry Trends and Evolution
14.2 Market Growth Drivers and Emerging Opportunities
14.3 Market Challenges, Risks, and Restraints
14.4 Impact of U.S. Tariffs
15 Key Findings in the Global Licorice Root Extracts for Food and Beverage Study
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.1.1 Research Programs/Design
16.1.1.2 Market Size Estimation
16.1.1.3 Market Breakdown and Data Triangulation
16.1.2 Data Source
16.1.2.1 Secondary Sources
16.1.2.2 Primary Sources
16.2 Author Details
Table of Figures
List of Tables
Table 1. Global Licorice Root Extracts for Food and Beverage Market Size Growth Rate by Type, 2021 vs 2025 vs 2032 (US$ Million)
Table 2. Global Licorice Root Extracts for Food and Beverage Market Size Growth Rate by Application, 2021 vs 2025 vs 2032 (US$ Million)
Table 3. Global Licorice Root Extracts for Food and Beverage Revenue Grow Rate (CAGR) by Region: 2021 vs 2025 vs 2032 (US$ Million)
Table 4. Global Licorice Root Extracts for Food and Beverage Sales Grow Rate (CAGR) by Region: 2021 vs 2025 vs 2032 (Tons)
Table 5. Emerging Market Revenue Grow Rate (CAGR) by Country (2021 vs 2025 vs 2032) (US$ Million)
Table 6. Global Licorice Root Extracts for Food and Beverage Production Growth Rate (CAGR) by Region: 2021 vs 2025 vs 2032 (Tons)
Table 7. Global Licorice Root Extracts for Food and Beverage Sales by Manufacturers (Tons), 2021-2026
Table 8. Global Licorice Root Extracts for Food and Beverage Sales Share by Manufacturers (2021-2026)
Table 9. Global Licorice Root Extracts for Food and Beverage Revenue by Manufacturers (US$ Million), 2021-2026
Table 10. Global Licorice Root Extracts for Food and Beverage Revenue-Based Market Share by Manufacturers (2021-2026)
Table 11. Global Key Manufacturers’Ranking Shift (2024 vs. 2025) (Based on Revenue)
Table 12. Global Manufacturer by Tier (Tier 1, Tier 2, and Tier 3), based on Licorice Root Extracts for Food and Beverage Revenue, 2025
Table 13. Global Licorice Root Extracts for Food and Beverage Average Gross Margin (%) by Manufacturer (2021 vs 2025)
Table 14. Global Licorice Root Extracts for Food and Beverage Average Selling Price (ASP) by Manufacturers (US$/kg), 2021-2026
Table 15. Key Manufacturers Licorice Root Extracts for Food and Beverage Manufacturing Base and Headquarters
Table 16. Global Licorice Root Extracts for Food and Beverage Market Concentration Ratio (CR5)
Table 17. Key Market Entrant/Exit (2021-2025) – Drivers & Impact Analysis
Table 18. Key Mergers & Acquisitions, Expansion Plans, R&D Investment
Table 19. Global Licorice Root Extracts for Food and Beverage Sales Volume by Type (Tons), 2021-2026
Table 20. Global Licorice Root Extracts for Food and Beverage Sales Volume by Type (Tons), 2027-2032
Table 21. Global Licorice Root Extracts for Food and Beverage Revenue by Type (US$ Million), 2021-2026
Table 22. Global Licorice Root Extracts for Food and Beverage Revenue by Type (US$ Million), 2027-2032
Table 23. Technical Specifications by Key Product Type
Table 24. Global Licorice Root Extracts for Food and Beverage Sales by Application (Tons), 2021-2026
Table 25. Global Licorice Root Extracts for Food and Beverage Sales by Application (Tons), 2027-2032
Table 26. Licorice Root Extracts for Food and Beverage High-Growth Sectors Demand CAGR (2026-2032)
Table 27. Global Licorice Root Extracts for Food and Beverage Revenue by Application (US$ Million), 2021-2026
Table 28. Global Licorice Root Extracts for Food and Beverage Revenue by Application (US$ Million), 2027-2032
Table 29. Top Customers by Region
Table 30. Top Customers by Application
Table 31. Global Licorice Root Extracts for Food and Beverage Production by Region (Tons), 2021-2026
Table 32. Global Licorice Root Extracts for Food and Beverage Production by Region (Tons), 2027-2032
Table 33. North America Licorice Root Extracts for Food and Beverage Growth Accelerators and Market Barriers
Table 34. North America Licorice Root Extracts for Food and Beverage Revenue Grow Rate (CAGR) by Country (2021 vs 2025 vs 2032) (US$ Million)
Table 35. North America Licorice Root Extracts for Food and Beverage Sales (Tons) by Country (2021 vs 2025 vs 2032)
Table 36. Europe Licorice Root Extracts for Food and Beverage Growth Accelerators and Market Barriers
Table 37. Europe Licorice Root Extracts for Food and Beverage Revenue Grow Rate (CAGR) by Country: 2021 vs 2025 vs 2032 (US$ Million)
Table 38. Europe Licorice Root Extracts for Food and Beverage Sales (Tons) by Country (2021 vs 2025 vs 2032)
Table 39. Asia-Pacific Licorice Root Extracts for Food and Beverage Revenue Grow Rate (CAGR) by Region: 2021 vs 2025 vs 2032 (US$ Million)
Table 40. Asia-Pacific Licorice Root Extracts for Food and Beverage Sales (Tons) by Country (2021 vs 2025 vs 2032)
Table 41. Asia-Pacific Licorice Root Extracts for Food and Beverage Growth Accelerators and Market Barriers
Table 42. Southeast Asia Licorice Root Extracts for Food and Beverage Revenue Grow Rate (CAGR) by Region: 2021 vs 2025 vs 2032 (US$ Million)
Table 43. Central and South America Licorice Root Extracts for Food and Beverage Investment Opportunities and Key Challenges
Table 44. Central and South America Licorice Root Extracts for Food and Beverage Revenue Grow Rate (CAGR) by Country (2021 vs 2025 vs 2032) (US$ Million)
Table 45. Middle East and Africa Licorice Root Extracts for Food and Beverage Investment Opportunities and Key Challenges
Table 46. Middle East and Africa Licorice Root Extracts for Food and Beverage Revenue Grow Rate (CAGR) by Country (2021 vs 2025 vs 2032) (US$ Million)
Table 47. Norevo Corporation Information
Table 48. Norevo Description and Major Businesses
Table 49. Norevo Product Models, Descriptions and Specifications
Table 50. Norevo Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/kg) and Gross Margin (2021-2026)
Table 51. Norevo Sales Value Proportion by Product in 2025
Table 52. Norevo Sales Value Proportion by Application in 2025
Table 53. Norevo Sales Value Proportion by Geographic Area in 2025
Table 54. Norevo Licorice Root Extracts for Food and Beverage SWOT Analysis
Table 55. Norevo Recent Developments
Table 56. Mafco Worldwide Corporation Information
Table 57. Mafco Worldwide Description and Major Businesses
Table 58. Mafco Worldwide Product Models, Descriptions and Specifications
Table 59. Mafco Worldwide Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/kg) and Gross Margin (2021-2026)
Table 60. Mafco Worldwide Sales Value Proportion by Product in 2025
Table 61. Mafco Worldwide Sales Value Proportion by Application in 2025
Table 62. Mafco Worldwide Sales Value Proportion by Geographic Area in 2025
Table 63. Mafco Worldwide Licorice Root Extracts for Food and Beverage SWOT Analysis
Table 64. Mafco Worldwide Recent Developments
Table 65. F&C Licorice Corporation Information
Table 66. F&C Licorice Description and Major Businesses
Table 67. F&C Licorice Product Models, Descriptions and Specifications
Table 68. F&C Licorice Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/kg) and Gross Margin (2021-2026)
Table 69. F&C Licorice Sales Value Proportion by Product in 2025
Table 70. F&C Licorice Sales Value Proportion by Application in 2025
Table 71. F&C Licorice Sales Value Proportion by Geographic Area in 2025
Table 72. F&C Licorice Licorice Root Extracts for Food and Beverage SWOT Analysis
Table 73. F&C Licorice Recent Developments
Table 74. Zagros Licorice Corporation Information
Table 75. Zagros Licorice Description and Major Businesses
Table 76. Zagros Licorice Product Models, Descriptions and Specifications
Table 77. Zagros Licorice Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/kg) and Gross Margin (2021-2026)
Table 78. Zagros Licorice Sales Value Proportion by Product in 2025
Table 79. Zagros Licorice Sales Value Proportion by Application in 2025
Table 80. Zagros Licorice Sales Value Proportion by Geographic Area in 2025
Table 81. Zagros Licorice Licorice Root Extracts for Food and Beverage SWOT Analysis
Table 82. Zagros Licorice Recent Developments
Table 83. Sepidan Osareh Corporation Information
Table 84. Sepidan Osareh Description and Major Businesses
Table 85. Sepidan Osareh Product Models, Descriptions and Specifications
Table 86. Sepidan Osareh Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/kg) and Gross Margin (2021-2026)
Table 87. Sepidan Osareh Sales Value Proportion by Product in 2025
Table 88. Sepidan Osareh Sales Value Proportion by Application in 2025
Table 89. Sepidan Osareh Sales Value Proportion by Geographic Area in 2025
Table 90. Sepidan Osareh Licorice Root Extracts for Food and Beverage SWOT Analysis
Table 91. Sepidan Osareh Recent Developments
Table 92. VPL Chemicals Corporation Information
Table 93. VPL Chemicals Description and Major Businesses
Table 94. VPL Chemicals Product Models, Descriptions and Specifications
Table 95. VPL Chemicals Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/kg) and Gross Margin (2021-2026)
Table 96. VPL Chemicals Recent Developments
Table 97. Ransom Naturals Corporation Information
Table 98. Ransom Naturals Description and Major Businesses
Table 99. Ransom Naturals Product Models, Descriptions and Specifications
Table 100. Ransom Naturals Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/kg) and Gross Margin (2021-2026)
Table 101. Ransom Naturals Recent Developments
Table 102. ASEH Licorice Corporation Information
Table 103. ASEH Licorice Description and Major Businesses
Table 104. ASEH Licorice Product Models, Descriptions and Specifications
Table 105. ASEH Licorice Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/kg) and Gross Margin (2021-2026)
Table 106. ASEH Licorice Recent Developments
Table 107. Naturex SA Corporation Information
Table 108. Naturex SA Description and Major Businesses
Table 109. Naturex SA Product Models, Descriptions and Specifications
Table 110. Naturex SA Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/kg) and Gross Margin (2021-2026)
Table 111. Naturex SA Recent Developments
Table 112. Aushadhi Herbal Corporation Information
Table 113. Aushadhi Herbal Description and Major Businesses
Table 114. Aushadhi Herbal Product Models, Descriptions and Specifications
Table 115. Aushadhi Herbal Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/kg) and Gross Margin (2021-2026)
Table 116. Aushadhi Herbal Recent Developments
Table 117. Maruzen Pharmaceuticals Corporation Information
Table 118. Maruzen Pharmaceuticals Description and Major Businesses
Table 119. Maruzen Pharmaceuticals Product Models, Descriptions and Specifications
Table 120. Maruzen Pharmaceuticals Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/kg) and Gross Margin (2021-2026)
Table 121. Maruzen Pharmaceuticals Recent Developments
Table 122. SK Bioland Corporation Information
Table 123. SK Bioland Description and Major Businesses
Table 124. SK Bioland Product Models, Descriptions and Specifications
Table 125. SK Bioland Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/kg) and Gross Margin (2021-2026)
Table 126. SK Bioland Recent Developments
Table 127. Amruta Herbals Corporation Information
Table 128. Amruta Herbals Description and Major Businesses
Table 129. Amruta Herbals Product Models, Descriptions and Specifications
Table 130. Amruta Herbals Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/kg) and Gross Margin (2021-2026)
Table 131. Amruta Herbals Recent Developments
Table 132. Sabinsa Corporation Information
Table 133. Sabinsa Description and Major Businesses
Table 134. Sabinsa Product Models, Descriptions and Specifications
Table 135. Sabinsa Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/kg) and Gross Margin (2021-2026)
Table 136. Sabinsa Recent Developments
Table 137. BotanicalsPlus Corporation Information
Table 138. BotanicalsPlus Description and Major Businesses
Table 139. BotanicalsPlus Product Models, Descriptions and Specifications
Table 140. BotanicalsPlus Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/kg) and Gross Margin (2021-2026)
Table 141. BotanicalsPlus Recent Developments
Table 142. Indus Extracts Corporation Information
Table 143. Indus Extracts Description and Major Businesses
Table 144. Indus Extracts Product Models, Descriptions and Specifications
Table 145. Indus Extracts Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/kg) and Gross Margin (2021-2026)
Table 146. Indus Extracts Recent Developments
Table 147. Amsar Corporation Information
Table 148. Amsar Description and Major Businesses
Table 149. Amsar Product Models, Descriptions and Specifications
Table 150. Amsar Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/kg) and Gross Margin (2021-2026)
Table 151. Amsar Recent Developments
Table 152. Phyto Life Sciences Corporation Information
Table 153. Phyto Life Sciences Description and Major Businesses
Table 154. Phyto Life Sciences Product Models, Descriptions and Specifications
Table 155. Phyto Life Sciences Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/kg) and Gross Margin (2021-2026)
Table 156. Phyto Life Sciences Recent Developments
Table 157. The Garden of Naturalsolution Corporation Information
Table 158. The Garden of Naturalsolution Description and Major Businesses
Table 159. The Garden of Naturalsolution Product Models, Descriptions and Specifications
Table 160. The Garden of Naturalsolution Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/kg) and Gross Margin (2021-2026)
Table 161. The Garden of Naturalsolution Recent Developments
Table 162. Qinghai Lake Pharmaceutical Corporation Information
Table 163. Qinghai Lake Pharmaceutical Description and Major Businesses
Table 164. Qinghai Lake Pharmaceutical Product Models, Descriptions and Specifications
Table 165. Qinghai Lake Pharmaceutical Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/kg) and Gross Margin (2021-2026)
Table 166. Qinghai Lake Pharmaceutical Recent Developments
Table 167. Carrubba Corporation Information
Table 168. Carrubba Description and Major Businesses
Table 169. Carrubba Product Models, Descriptions and Specifications
Table 170. Carrubba Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/kg) and Gross Margin (2021-2026)
Table 171. Carrubba Recent Developments
Table 172. Actives International Corporation Information
Table 173. Actives International Description and Major Businesses
Table 174. Actives International Product Models, Descriptions and Specifications
Table 175. Actives International Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/kg) and Gross Margin (2021-2026)
Table 176. Actives International Recent Developments
Table 177. Huzhou Ouli Biotechnology Corporation Information
Table 178. Huzhou Ouli Biotechnology Description and Major Businesses
Table 179. Huzhou Ouli Biotechnology Product Models, Descriptions and Specifications
Table 180. Huzhou Ouli Biotechnology Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/kg) and Gross Margin (2021-2026)
Table 181. Huzhou Ouli Biotechnology Recent Developments
Table 182. Bioveda Naturals Corporation Information
Table 183. Bioveda Naturals Description and Major Businesses
Table 184. Bioveda Naturals Product Models, Descriptions and Specifications
Table 185. Bioveda Naturals Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/kg) and Gross Margin (2021-2026)
Table 186. Bioveda Naturals Recent Developments
Table 187. Spec-Chem Industry Corporation Information
Table 188. Spec-Chem Industry Description and Major Businesses
Table 189. Spec-Chem Industry Product Models, Descriptions and Specifications
Table 190. Spec-Chem Industry Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/kg) and Gross Margin (2021-2026)
Table 191. Spec-Chem Industry Recent Developments
Table 192. AQIA Corporation Information
Table 193. AQIA Description and Major Businesses
Table 194. AQIA Product Models, Descriptions and Specifications
Table 195. AQIA Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/kg) and Gross Margin (2021-2026)
Table 196. AQIA Recent Developments
Table 197. Croda Corporation Information
Table 198. Croda Description and Major Businesses
Table 199. Croda Product Models, Descriptions and Specifications
Table 200. Croda Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/kg) and Gross Margin (2021-2026)
Table 201. Croda Recent Developments
Table 202. Norevo GmbH Corporation Information
Table 203. Norevo GmbH Description and Major Businesses
Table 204. Norevo GmbH Product Models, Descriptions and Specifications
Table 205. Norevo GmbH Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/kg) and Gross Margin (2021-2026)
Table 206. Norevo GmbH Recent Developments
Table 207. Key Raw Materials Distribution
Table 208. Raw Materials Key Suppliers
Table 209. Critical Raw Material Supplier Concentration (2025) & Risk Index
Table 210. Milestones in Production Technology Evolution
Table 211. Distributors List
Table 212. Market Trends and Market Evolution
Table 213. Market Drivers and Opportunities
Table 214. Market Challenges, Risks, and Restraints
Table 215. Research Programs/Design for This Report
Table 216. Key Data Information from Secondary Sources
Table 217. Key Data Information from Primary Sources
List of Figures
Figure 1. Licorice Root Extracts for Food and Beverage Product Picture
Figure 2. Global Licorice Root Extracts for Food and Beverage Market Size Growth Rate by Type, 2021 vs 2025 vs 2032 (US$ Million)
Figure 3. Licorice Extracts Granules and Nuggets Product Picture
Figure 4. Licorice Extracts Powders Product Picture
Figure 5. Licorice Extracts Pastes Product Picture
Figure 6. Global Licorice Root Extracts for Food and Beverage Market Size Growth Rate by Application, 2021 vs 2025 vs 2032 (US$ Million)
Figure 7. Food
Figure 8. Beverage
Figure 9. Licorice Root Extracts for Food and Beverage Report Years Considered
Figure 10. Global Licorice Root Extracts for Food and Beverage Revenue, (US$ Million), 2021 vs 2025 vs 2032
Figure 11. Global Licorice Root Extracts for Food and Beverage Revenue (US$ Million), 2021-2032
Figure 12. Global Licorice Root Extracts for Food and Beverage Revenue (CAGR) by Region: 2021 vs 2025 vs 2032 (US$ Million)
Figure 13. Global Licorice Root Extracts for Food and Beverage Revenue-Based Market Share by Region (2021-2032)
Figure 14. Global Licorice Root Extracts for Food and Beverage Sales (Tons), 2021-2032
Figure 15. Global Licorice Root Extracts for Food and Beverage Sales (CAGR) by Region: 2021 vs 2025 vs 2032 (Tons)
Figure 16. Global Licorice Root Extracts for Food and Beverage Sales Market Share by Region (2021-2032)
Figure 17. Global Licorice Root Extracts for Food and Beverage Capacity, Production and Utilization (Tons), 2021 vs 2025 vs 2032
Figure 18. Top 5 and Top 10 Manufacturers Licorice Root Extracts for Food and Beverage Sales Volume Market Share in 2025
Figure 19. Global Licorice Root Extracts for Food and Beverage Revenue-Based Market Share Ranking (2025)
Figure 20. Tier Distribution by Revenue Contribution (2021 vs 2025)
Figure 21. Licorice Extracts Granules and Nuggets Revenue-Based Market Share by Manufacturer in 2025
Figure 22. Licorice Extracts Powders Revenue-Based Market Share by Manufacturer in 2025
Figure 23. Licorice Extracts Pastes Revenue-Based Market Share by Manufacturer in 2025
Figure 24. Global Licorice Root Extracts for Food and Beverage Sales Volume-Based Market Share by Type (2021-2032)
Figure 25. Global Licorice Root Extracts for Food and Beverage Revenue-Based Market Share by Type (2021-2032)
Figure 26. Global Licorice Root Extracts for Food and Beverage ASP by Type (US$/kg), 2021-2032
Figure 27. Global Licorice Root Extracts for Food and Beverage Sales Market Share by Application (2021-2032)
Figure 28. Global Licorice Root Extracts for Food and Beverage Revenue-Based Market Share by Application (2021-2032)
Figure 29. Global Licorice Root Extracts for Food and Beverage ASP by Application (US$/kg), 2021-2032
Figure 30. Global Licorice Root Extracts for Food and Beverage Capacity, Production and Utilization (Tons), 2021-2032
Figure 31. Global Licorice Root Extracts for Food and Beverage Production Market Share by Region (2021-2032)
Figure 32. Production Capacity Enablers & Constraints
Figure 33. Licorice Root Extracts for Food and Beverage Production Growth Rate in North America (Tons), 2021-2032
Figure 34. Licorice Root Extracts for Food and Beverage Production Growth Rate in Europe (Tons), 2021-2032
Figure 35. Licorice Root Extracts for Food and Beverage Production Growth Rate in China (Tons), 2021-2032
Figure 36. Licorice Root Extracts for Food and Beverage Production Growth Rate in Japan (Tons), 2021-2032
Figure 37. North America Licorice Root Extracts for Food and Beverage Sales YoY (Tons), 2021-2032
Figure 38. North America Licorice Root Extracts for Food and Beverage Revenue YoY (US$ Million), 2021-2032
Figure 39. North America Top 5 Manufacturers Licorice Root Extracts for Food and Beverage Sales Revenue (US$ Million) in 2025
Figure 40. North America Licorice Root Extracts for Food and Beverage Sales Volume (Tons) by Application (2021-2032)
Figure 41. North America Licorice Root Extracts for Food and Beverage Sales Revenue (US$ Million) by Application (2021-2032)
Figure 42. US Licorice Root Extracts for Food and Beverage Revenue (US$ Million), 2021-2032
Figure 43. Canada Licorice Root Extracts for Food and Beverage Revenue (US$ Million), 2021-2032
Figure 44. Mexico Licorice Root Extracts for Food and Beverage Revenue (US$ Million), 2021-2032
Figure 45. Europe Licorice Root Extracts for Food and Beverage Sales YoY (Tons), 2021-2032
Figure 46. Europe Licorice Root Extracts for Food and Beverage Revenue YoY (US$ Million), 2021-2032
Figure 47. Europe Top 5 Manufacturers Licorice Root Extracts for Food and Beverage Sales Revenue (US$ Million) in 2025
Figure 48. Europe Licorice Root Extracts for Food and Beverage Sales Volume (Tons) by Application (2021-2032)
Figure 49. Europe Licorice Root Extracts for Food and Beverage Sales Revenue (US$ Million) by Application (2021-2032)
Figure 50. Germany Licorice Root Extracts for Food and Beverage Revenue (US$ Million), 2021-2032
Figure 51. France Licorice Root Extracts for Food and Beverage Revenue (US$ Million), 2021-2032
Figure 52. U.K. Licorice Root Extracts for Food and Beverage Revenue (US$ Million), 2021-2032
Figure 53. Italy Licorice Root Extracts for Food and Beverage Revenue (US$ Million), 2021-2032
Figure 54. Russia Licorice Root Extracts for Food and Beverage Revenue (US$ Million), 2021-2032
Figure 55. Asia-Pacific Licorice Root Extracts for Food and Beverage Sales YoY (Tons), 2021-2032
Figure 56. Asia-Pacific Licorice Root Extracts for Food and Beverage Revenue YoY (US$ Million), 2021-2032
Figure 57. Asia-Pacific Top 8 Manufacturers Licorice Root Extracts for Food and Beverage Sales Revenue (US$ Million) in 2025
Figure 58. Asia-Pacific Licorice Root Extracts for Food and Beverage Sales Volume (Tons) by Application (2021-2032)
Figure 59. Asia-Pacific Licorice Root Extracts for Food and Beverage Sales Revenue (US$ Million) by Application (2021-2032)
Figure 60. Indonesia Licorice Root Extracts for Food and Beverage Revenue (US$ Million), 2021-2032
Figure 61. Japan Licorice Root Extracts for Food and Beverage Revenue (US$ Million), 2021-2032
Figure 62. South Korea Licorice Root Extracts for Food and Beverage Revenue (US$ Million), 2021-2032
Figure 63. China Taiwan Licorice Root Extracts for Food and Beverage Revenue (US$ Million), 2021-2032
Figure 64. India Licorice Root Extracts for Food and Beverage Revenue (US$ Million), 2021-2032
Figure 65. Central and South America Licorice Root Extracts for Food and Beverage Sales YoY (Tons), 2021-2032
Figure 66. Central and South America Licorice Root Extracts for Food and Beverage Revenue YoY (US$ Million), 2021-2032
Figure 67. Central and South America Top 5 Manufacturers Licorice Root Extracts for Food and Beverage Sales Revenue (US$ Million) in 2025
Figure 68. Central and South America Licorice Root Extracts for Food and Beverage Sales Volume (Tons) by Application (2021-2032)
Figure 69. Central and South America Licorice Root Extracts for Food and Beverage Sales Revenue (US$ Million) by Application (2021-2032)
Figure 70. Brazil Licorice Root Extracts for Food and Beverage Revenue (US$ Million), 2021-2032
Figure 71. Argentina Licorice Root Extracts for Food and Beverage Revenue (US$ Million), 2021-2032
Figure 72. Middle East, and Africa Licorice Root Extracts for Food and Beverage Sales YoY (Tons), 2021-2032
Figure 73. Middle East and Africa Licorice Root Extracts for Food and Beverage Revenue YoY (US$ Million), 2021-2032
Figure 74. Middle East and Africa Top 5 Manufacturers Licorice Root Extracts for Food and Beverage Sales Revenue (US$ Million) in 2025
Figure 75. Middle East and Africa Licorice Root Extracts for Food and Beverage Sales Volume (Tons) by Application (2021-2032)
Figure 76. Middle East and Africa Licorice Root Extracts for Food and Beverage Sales Revenue (US$ Million) by Application (2021-2032)
Figure 77. GCC Countries Licorice Root Extracts for Food and Beverage Revenue (US$ Million), 2021-2032
Figure 78. Turkey Licorice Root Extracts for Food and Beverage Revenue (US$ Million), 2021-2032
Figure 79. Egypt Licorice Root Extracts for Food and Beverage Revenue (US$ Million), 2021-2032
Figure 80. South Africa Licorice Root Extracts for Food and Beverage Revenue (US$ Million), 2021-2032
Figure 81. Licorice Root Extracts for Food and Beverage Industry Chain Mapping
Figure 82. Regional Licorice Root Extracts for Food and Beverage Manufacturing Base Distribution (%)
Figure 83. Licorice Root Extracts for Food and Beverage Production Process
Figure 84. Regional Licorice Root Extracts for Food and Beverage Production Cost Structure
Figure 85. Channels of Distribution (Direct Vs Distribution)
Figure 86. Bottom-up and Top-down Approaches for This Report
Figure 87. Data Triangulation
Figure 88. Key Executives InterviewedDescription
The global Licorice Root Extracts for Food and Beverage market is projected to grow from US$ million in 2025 to US$ million by 2032, at a CAGR of %(2026-2032), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
Licorice root extract is also utilized in the food and beverage industry for its distinctive flavor and potential health benefits. Here are some common uses of licorice root extracts in food and beverage applications:
Flavoring Agent: Licorice root extract is prized for its sweet and slightly bitter flavor, which adds depth to various food and beverage products. It is commonly used to impart a licorice-like taste to candies, confectionery, chewing gums, and beverages such as teas, sodas, and herbal infusions.
Natural Sweetener: Glycyrrhizin, a compound found in licorice root extract, is about 50 times sweeter than sucrose (table sugar). This makes licorice root extract a potential natural sweetener for certain food and beverage products, including candies, desserts, and flavored syrups.
Digestive Aid: In traditional medicine, licorice root has been used to aid digestion and soothe gastrointestinal discomfort. Beverages like licorice tea or herbal blends containing licorice root extract are consumed for their purported digestive benefits.
Functional Ingredient: Licorice root extract is sometimes included in functional food and beverage products for its potential health-promoting properties. For example, it may be added to energy drinks, wellness shots, or health supplements targeting specific health concerns like immune support or stress relief.
Coloring Agent: Licorice root extract can impart a dark brown color to food and beverage products, which may be desirable for certain applications. It is used as a natural coloring agent in items such as sauces, syrups, and alcoholic beverages.
Preservative: Some components of licorice root extract exhibit antimicrobial properties, which can help extend the shelf life of certain food and beverage products by inhibiting the growth of spoilage microorganisms.
When used in food and beverage applications, licorice root extract is typically added in appropriate concentrations to achieve the desired flavor profile and functional properties. However, it's important to consider potential allergenicity and regulatory guidelines regarding the use of licorice root extract in different countries. Additionally, individuals with certain health conditions or those taking medications should consume licorice-containing products in moderation, as excessive consumption may lead to adverse effects.
From a downstream perspective, Food accounted for % of 2025 revenue, surging to US$ million by 2032 (CAGR: % from 2026–2032).
Licorice Root Extracts for Food and Beverage leading manufacturers (including Norevo, Mafco Worldwide, F&C Licorice, Zagros Licorice, Sepidan Osareh, VPL Chemicals, Ransom Naturals, ASEH Licorice, Naturex SA, Aushadhi Herbal, etc.), dominate supply; the top five capture approximately % of global revenue, with Norevo leading 2025 sales at US$ million.
Regional Outlook:
North America rose from US$ million in 2025 to a forecast US$ million by 2032 (CAGR %).
Asia‑Pacific will expand from US$ million to US$ million (CAGR %), led by China (US$ million in 2025, % share rising to % by 2032), Japan (CAGR %), South Korea (CAGR %), and Southeast Asia (CAGR %).
Europe is set to grow from US$ million to US$ million (CAGR %), with Germany projected to hit US$ million by 2032 (CAGR %).
This definitive report equips business leaders, decision-makers, and stakeholders with a 360° view of the global Licorice Root Extracts for Food and Beverage market, seamlessly integrating production capacity and sales performance across the value chain. It analyzes historical production, revenue, and sales data (2021–2025) and delivers forecasts through 2032, illuminating demand trends and growth drivers.
By segmenting the market by Type and by Application, the study quantifies volume and value, growth rates, technical innovations, niche opportunities, and substitution risks, and analyzes downstream customers distribution pattern.
Granular regional insights cover five major markets (North America, Europe, APAC, South America, and MEA) with in‑depth analysis of 20+ countries. Each region’s dominant products, competitive landscape, and downstream demand trends are clearly detailed.
Critical competitive intelligence profiles manufacturers (capacity, sales volume, revenue, margins, pricing strategies, and major customers) and dissects the top-player positioning across product lines, applications, and regions to reveal strategic strengths.
A concise supply‑chain overview maps upstream suppliers, manufacturing technologies, cost structures, and distribution dynamics to identify strategic gaps and unmet demand.
Market Segmentation
Chapter Outline
Chapter 1: Defines the Licorice Root Extracts for Food and Beverage study scope, segments the market by Type and by Application, etc, highlights segment size and growth potential
Chapter 2: Offers current market state, projects global revenue, sales, and production to 2032, pinpointing high consumption regions and emerging market catalysts
Chapter 3: Dissects the manufacturer landscape: ranks by volume and revenue, analyzes profitability and pricing, maps production bases, details manufacturer performance by product type and evaluates concentration alongside M&A moves
Chapter 4: Unlocks high margin product segments: compares sales, revenue, ASP, and technology differentiators, highlighting growth niches and substitution risks
Chapter 5: Targets downstream market opportunities: evaluates sales, revenue, and pricing by Application, identifies emerging use cases, and profiles leading customers by region and by Application
Chapter 6: Maps global production capacity, utilization, and market share (2021–2032), identifies efficient hubs, reveals regulatory/trade policy impacts and bottlenecks
Chapter 7: North America: breaks down sales and revenue by Application and country, profiles key manufacturers and assesses growth drivers and barriers
Chapter 8: Europe: analyses regional sales, revenue and market by Application and manufacturers, flagging drivers and barriers
Chapter 9: Asia Pacific: quantifies sales and revenue by Application, and region/country, profiles top manufacturers, and uncovers high potential expansion areas
Chapter 10: Central & South America: measures sales and revenue by Application, and country, profiles top manufacturers, and identifies investment opportunities and challenges
Chapter 11: Middle East and Africa: evaluates sales and revenue by Application, and country, profiles key manufacturers, and outlines investment prospects and market hurdles
Chapter 12: Profiles manufacturers in depth: details product specs, capacity, sales, revenue, margins; top manufactures 2025 sales breakdowns by product type, by Application, by sales region SWOT analysis, and recent strategic developments
Chapter 13: Supply chain: analyses upstream raw materials and suppliers, manufacturing footprint and technology, cost drivers, plus downstream channels and distributor roles
Chapter 14: Market dynamics: explores drivers, restraints, regulatory impacts, and risk mitigation strategies
Chapter 15: Actionable conclusions and strategic recommendations.
Why This Report:
Beyond standard market data, this analysis provides a clear profitability roadmap, empowering you to:
Allocate capital strategically to high growth regions (Chapters 7-11) and margin rich segments (Chapter 5).
Negotiate from strength with suppliers (Chapter 13) and customers (Chapter 6) using cost and demand intelligence.
Outmaneuver competitors with granular insights into their operations, margins, and strategies (Chapters 4 and 12).
Secure your supply chain against disruptions through upstream and downstream visibility (Chapters 13 and 14).
Leverage this 360° intelligence to turn market complexity into actionable competitive advantage.
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