Food Grade Licorice Extract Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Food Grade Licorice Extract Market Size and Growth
The global Food Grade Licorice Extract market is projected to witness significant growth due to increasing consumer preference for natural ingredients in food and beverage products. The market size is expected to reach USD XX million by 2025. Key factors driving the market include rising health consciousness and demand for clean label products.
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Companies Covered (Covid 19 Impact Covered)
◍ Magnasweet
◍ Zagros Licorice
◍ Sepidan Osareh
◍ FandC Licorice
◍ Norevo GmbH
◍ Avestia Pharma
◍ VPL Chemicals
◍ Zelang
◍ Changyue
◍ Bokai
The competitive landscape of the Food Grade Licorice Extract Market includes companies such as Magnasweet, Zagros Licorice, Sepidan Osareh, FandC Licorice, Norevo
GmbH, Avestia Pharma, VPL Chemicals, Zelang, Changyue, and Bokai. These companies use Food Grade Licorice Extract in various food products, supplements, and pharmaceuticals to enhance flavor and provide health benefits, thereby contributing to the growth of the market.
- Magnasweet: Sales revenue of $40 million.
- Norevo GmbH: Sales revenue of $25 million.
- Zelang: Sales revenue of $15 million.
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