


Liquorice extract is a concentrated derivative obtained from the roots of the Glycyrrhiza glabra plant, widely known for its distinctive sweet flavor and therapeutic benefits.
The extract is rich in glycyrrhizin, a compound known for its antiinflammatory, antioxidant, and antimicrobial properties.
Historically rooted in traditional oriental medicine, liquorice extract has been used for centuries to treat various ailments such as digestive issues, respiratory conditions, and inflammatory disorders.
Today, liquorice extract is extensively used across several industries, including food and beverages, pharmaceuticals, cosmetics, and tobacco.
Market Value & Growth Projections:
: US$
(2024-2029): 6.40% Key Market
Market Value (2032): US$
Million
By Type
By Application
Food Grade
Feed Grade
By Region
Cosmetic Industry
Feed Industry
Others
North America
Europe
Middle East & Africa
The North American market is witnessing significant growth, particularly in the United States, driven by the expanding health and wellness industry.
Europe is the second-largest market. Germany, the UK, and France lead in demand due to strong preferences for natural and organic products.
The Asia-Pacific region dominates the global liquorice extract market. Countries such as China, India, and Japan are major producers and consumers.
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