Global Licorice Root Market Key Players Competitive Survey Report 2023

The global Licorice Root market size in 2022 is 1031.0 million US dollars, and it is expected to be 1540.0 million US dollars by 2029, with a compound annual growth rate of 5.90% expected in 2023-2029.

MARKET COMPETITIVE LANDSCAPE:

The main players in the Licorice Root market include Iran Medical Herb. (Iran), Fanavaran-e-Tosee Sanat-e-Gharb (Iran), Glycyrrhiza Glabra Co, Ltd. (Eurasia), Naturex SA (France), and NOREVO (Germany). The share of the top 3 players in the Licorice Root market is XX%.

REGION SHARE:

The report covers the market size information of North America, Europe, Asia Pacific, Latin America, Middle East and Africa, in which North America accounted for XX%, Europe accounted for XX% of Licorice Root market, and Asia Pacific accounted for XX%.

SEGMENT OVERVIEW:

The report segments the market by Type and Application. Lipids accounted for XX% of Licorice Root market in 2022. Protein share of XX%.

Food and Beverage Industry accounted for XX% of the Licorice Root market in 2022. Tobacco Industry accounts for XX%.

The cumulative impact of COVID-19, Russia-Ukraine conflict, and high inflation is expected to have a significant long-term impact on the global Licorice Root markets. Ongoing research considers changes in consumer behavior, supply chain disruptions, and government intervention caused by the pandemic. Likewise, the report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine conflict and its potential impact on the supply-demand balance, pressure on pricing variables, and import, export, and trade. In addition, the report discusses the impact of high inflation on the global economy and details fiscal policies to measure and reduce its impact on demand, supply, cash flows, and currency exchange.

Market Statistics:

Reports provide market sizes and forecasts for multiple major currencies (USD, EUR, JPY, GBP, CNY, etc.); multi-currency support helps organizational leaders make informed decisions. This report takes 2018-2021 as the historical year, 2022 as the base year, 2023 as the semi-forecast year, and 2024-2029 as the full forecast year.

Market Share Analysis:

Market share analysis provides deep insights into the current status of vendors in a particular market space. By comparing suppliers' contributions to total revenue, customer base, and other key metrics, we can give companies a better understanding of their performance and the challenges they face as they compete for market share. The analysis also sheds light on the competitiveness of any given sector in terms of accumulation, diversification of strengths, and consolidation characteristics during the base year studied.

The report provides insights on the following metrics:

Market Penetration: Provides comprehensive information on the market offered by key players

Market Diversification: Provides detailed information on new product launches, greenfield regions, recent developments and investments

Market Trends: A Big Picture of the Cumulative Impact of COVID-19, Russia-Ukraine Conflict, and High Inflation

Competitive assessment and intelligence: Provides an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape and manufacturing capabilities of leading players

Product Development & Innovation: Provides intelligent insights into future technologies, R&D activities, and breakthrough product developments

Market Segmentation: Segment by Type, Application, and Region to provide detailed insights into market information.

Chapter Outline

Chapter 1: Introduces the product overview, market scope, product classification, application, and regional division, and then includes inflation analysis, the impact of the Russo-Ukrainian war on the market, and the global impact of the coronavirus disease (COVID-19).

Chapters 2-4: Segmented the global Licorice Root market by type, application and region. Analyze the revenue, sales and price of market segments from different perspectives.

Chapters 5-9: Provide North America, Europe, Asia-Pacific, Latin America and Middle East & Africa Licorice Root market type, application and country market segmentation data.

Chapter 10: Analysis of the competitive environment of Licorice Root market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the players' M&A and expansion in recent years.

Chapter 11: Analyzes the main companies in the Licorice Root industry, including their main businesses, products/services, sales, prices, revenue, gross margin, and the latest developments.

Chapters 12-14: Provide detailed Licorice Root market forecast data, broken down by type, application, and region to help understand future growth trends.

Chapter 15: Analyzes the Licorice Root manufacturing cost, including raw material analysis, manufacturing cost structure, and industrial chain.

Chapter 16: Analyzes the Licorice Root industry chain, including marketing channels, distributors and major downstream buyers.

Chapter 17: Introduces the market dynamics, the trends factors and drivers factors of the market, and the challenges and restraints faced by manufacturers in the industry.

Chapter 18: The main points and conclusions of the report.

Highlights-Regions

North America

United States

Canada

Europe

Germany

France

UK

Italy

Russia

Spain

Nordic

Asia Pacific

China

Japan

South Korea

India

Southeast Asia

Australia

Latin America

Brazil

Mexico

Argentina

Middle East & Africa

Egypt

South Africa

UAE

Turkey

Saudi Arabia

Player list

Iran Medical Herb. (Iran)

Fanavaran-e-Tosee Sanat-e-Gharb (Iran)

Glycyrrhiza Glabra Co, Ltd. (Eurasia)

Naturex SA (France)

NOREVO (Germany)

Green Agro Invest LLC (Uzbekistan)

Hepner & Eschenbrenner GmbH & Co. KG (Germany)

MARUZEN PHARMACEUTICALS CO., LTD. (Japan)

Nutra Green Biotechnology Co., Ltd. (China)

Types list

Lipids

Protein

Polysaccharide

Others

Application list

Food and Beverage Industry

Tobacco Industry

Pharmaceutical Industry

Cosmetic Industry

Dietary Supplements