Compound Liquorice Market
Compound Liquorice Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Compound Liquorice Market Size and Growth
The Compound Liquorice market is experiencing growth, driven by increasing demand in pharmaceutical and food industries. The market size is projected to reach approximately USD 200 million by 2025, with a CAGR of 5%. Key factors influencing this expansion include rising health consciousness and the versatility of liquorice in various applications.
Companies Covered
(Covid 19 Impact Covered)
◍ Inner Mongolia Lantai Pharmaceutical
◍ Tianjin Lisheng Pharmaceutical
◍ Tianjin Huajin Pharmaceutical Factory
◍ Beijing Shuanghe Pharmaceutical
◍ Tongji Hall
◍ Sinopharm Weiqida Pharmaceutical
◍ Harbin Taihua Pharmaceutical
◍ Xiuzheng Pharmaceutical Group
◍ Jiangxi Tianshikang
◍ Sichuan Emeishan Pharmaceutical
◍ Guizhou Yibai Pharmaceutical
◍ Zhonglian Pharmaceutical
The Compound Liquorice Market features companies like Inner Mongolia Lantai Pharmaceutical and Sinopharm Weiqida Pharmaceutical, which leverage traditional applications and innovative formulations to drive growth. Their emphasis on quality and expanding product lines fosters market demand. Notable sales figures include:
- Inner Mongolia Lantai Pharmaceutical: $80 million - Sinopharm Weiqida Pharmaceutical: $60 million - Xiuzheng Pharmaceutical Group: $75 million
◍ Guangxi Nanning Baihui Pharmaceutical
◍ Tsumura & Co.
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Market Segmentation
By Application
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies
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By Product
Tablets
Mixtures
Other
Market Growth
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$ X Billion USD
