Global Feed Grade Licorice Extract market cagr 11.6%

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Feed Grade Licorice Extract Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Licorice
Feed Grade
Extract Market

Feed Grade Licorice Extract Market Size and Growth

The Feed Grade Licorice Extract market research reports indicate a growing demand for the product due to its numerous health benefits for livestock. The market size for Feed Grade Licorice Extract is expected to reach $XX million by 2025, driven by increasing awareness of natural feed additives in animal nutrition.

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Companies Covered (Covid 19 Impact Covered)

◍ Sepidan Osareh

◍ Norevo GmbH

◍ Zelang

◍ Changyue

◍ Bokai

The competitive landscape of Feed Grade Licorice Extract Market includes companies like Sepidan Osareh, Norevo GmbH, Zelang, Changyue, and Bokai. These companies utilize Feed Grade Licorice Extract for various applications in animal feed and health supplements, contributing to the growth of the market. Sales revenue figures: Sepidan Osareh: $5 million, Norevo GmbH: $8 million, Zelang: $10 million.

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Market Segmentation

By Application

◍ Sheep

◍ Pig

◍ Others

By Product

◍ Licorice Extract Powder

◍ Licorice Extract Paste

◍ Others

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Market Growth

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$ X Billion USD

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