Liquorice Extract Market, Global Outlook and Forecast 2025-2032

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Liquorice Extract Market Overview

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

Market Value & Growth Projections:

: US$

(2024-2029): 6.40% Key Market

Market Value (2032): US$

Million

Drivers:

Market Segmentation

By Type

By Application

Food Grade

Feed Grade

By Region

Cosmetic Industry

Feed Industry

Others

North America

Europe

Middle East & Africa

Key Market Players

Norevo
Mafco
Ruitenberg
SK Bioland

Regional Market Analysis

North America

The North American market is witnessing significant growth, particularly in the United States, driven by the expanding health and wellness industry.

Europe

Europe is the second-largest market. Germany, the UK, and France lead in demand due to strong preferences for natural and organic products.

Asia-Pacific

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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