Report Detail
Global Licorice Extract Market Growth 2019-2024
- RnM2925232 |
- 11 February, 2019 |
- Global |
- 161 Pages |
- LPI(LP Information) |
- Other
Licorice extract comes from the licorice plant. The root of the plant is primarily used in preparing the extract, and the hard woody plant is pulped then boiled to further extract and refine the contents.
Licorice extract is a natural ingredient often found in both food and herbal medicine supplements. While the full medicinal effectiveness of licorice has not been completely tested, some benefits have been proven and others have enough support to warrant its inclusion in a number of supplements. Often found in teas and used in a number of different products as a flavoring ingredient, licorice extract can provide help in treating stomach issues such as heartburn, but does have some noteworthy side effects that should be considered.
Licorice extract industry has low technology barrier and is dispersive relatively. Currently, there are many producing companies in the world licorice extract industry. The main market players are Magnasweet, ASEH, Zagros Licorice, Sepidan Osareh and F&C Licorice. The global production of licorice extract will increase to 44595 MT in 2017 from 37213 MT in 2012 with average growth rate of 3.69%. Global licorice extract capacity utilization rate remained at around 75.24% in 2016.
Licorice extract has three types, which include pharmaceutical grade, food grade and feed grade. And each type has application industries relatively. With pharmaceutical value and sweetening effect of licorice extract, the downstream application industries will need more licorice extract products. So, licorice extract has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce high purity and good performance licorice extract through improving technology.
The major raw materials for licorice extract are licorice and other auxiliary chemicals. Fluctuations in the price of the upstream product will impact on the production cost of licorice extract. The production cost of licorice extract is also an important factor which could impact the price of licorice extract. The licorice extract manufacturers are trying to reduce production cost by developing production method.
We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. And the price presents decreasing trend according to the economy development status and international competition. Also, there is fluctuation in gross margin.
According to this study, over the next five years the Licorice Extract market will register a -0.4% CAGR in terms of revenue, the global market size will reach US$ 850 million by 2024, from US$ 870 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Licorice Extract business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Licorice Extract market by product type, application, key manufacturers and key regions and countries.
This study considers the Licorice Extract value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Pharmaceutical Grade
Food Grade
Feed Grade
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Pharmaceutical Industry
Food Industry
Cosmetic Industry
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Magnasweet
ASEH
Zagros Licorice
Sepidan Osareh
F&C Licorice
Norevo GmbH
Ransom Naturals
Maruzen Pharmaceuticals
MCFS
Aushadhi Herbal
Avestia Pharma
VPL Chemicals
Zelang
Changyue
Bokai
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Licorice Extract consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Licorice Extract market by identifying its various subsegments.
Focuses on the key global Licorice Extract manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Licorice Extract with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Licorice Extract submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents
2019-2024 Global Licorice Extract Consumption Market Report
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Licorice Extract Consumption 2014-2024
- 2.1.2 Licorice Extract Consumption CAGR by Region
- 2.2 Licorice Extract Segment by Type
- 2.2.1 Pharmaceutical Grade
- 2.2.2 Food Grade
- 2.2.3 Feed Grade
- 2.3 Licorice Extract Consumption by Type
- 2.3.1 Global Licorice Extract Consumption Market Share by Type (2014-2019)
- 2.3.2 Global Licorice Extract Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global Licorice Extract Sale Price by Type (2014-2019)
- 2.4 Licorice Extract Segment by Application
- 2.4.1 Pharmaceutical Industry
- 2.4.2 Food Industry
- 2.4.3 Cosmetic Industry
- 2.4.4 Others
- 2.5 Licorice Extract Consumption by Application
- 2.5.1 Global Licorice Extract Consumption Market Share by Application (2014-2019)
- 2.5.2 Global Licorice Extract Value and Market Share by Application (2014-2019)
- 2.5.3 Global Licorice Extract Sale Price by Application (2014-2019)
3 Global Licorice Extract by Players
- 3.1 Global Licorice Extract Sales Market Share by Players
- 3.1.1 Global Licorice Extract Sales by Players (2017-2019)
- 3.1.2 Global Licorice Extract Sales Market Share by Players (2017-2019)
- 3.2 Global Licorice Extract Revenue Market Share by Players
- 3.2.1 Global Licorice Extract Revenue by Players (2017-2019)
- 3.2.2 Global Licorice Extract Revenue Market Share by Players (2017-2019)
- 3.3 Global Licorice Extract Sale Price by Players
- 3.4 Global Licorice Extract Manufacturing Base Distribution, Sales Area, Product Types by Players
- 3.4.1 Global Licorice Extract Manufacturing Base Distribution and Sales Area by Players
- 3.4.2 Players Licorice Extract Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
4 Licorice Extract by Regions
- 4.1 Licorice Extract by Regions
- 4.1.1 Global Licorice Extract Consumption by Regions
- 4.1.2 Global Licorice Extract Value by Regions
- 4.2 Americas Licorice Extract Consumption Growth
- 4.3 APAC Licorice Extract Consumption Growth
- 4.4 Europe Licorice Extract Consumption Growth
- 4.5 Middle East & Africa Licorice Extract Consumption Growth
5 Americas
- 5.1 Americas Licorice Extract Consumption by Countries
- 5.1.1 Americas Licorice Extract Consumption by Countries (2014-2019)
- 5.1.2 Americas Licorice Extract Value by Countries (2014-2019)
- 5.2 Americas Licorice Extract Consumption by Type
- 5.3 Americas Licorice Extract Consumption by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Licorice Extract Consumption by Countries
- 6.1.1 APAC Licorice Extract Consumption by Countries (2014-2019)
- 6.1.2 APAC Licorice Extract Value by Countries (2014-2019)
- 6.2 APAC Licorice Extract Consumption by Type
- 6.3 APAC Licorice Extract Consumption by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Licorice Extract by Countries
- 7.1.1 Europe Licorice Extract Consumption by Countries (2014-2019)
- 7.1.2 Europe Licorice Extract Value by Countries (2014-2019)
- 7.2 Europe Licorice Extract Consumption by Type
- 7.3 Europe Licorice Extract Consumption by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Licorice Extract by Countries
- 8.1.1 Middle East & Africa Licorice Extract Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa Licorice Extract Value by Countries (2014-2019)
- 8.2 Middle East & Africa Licorice Extract Consumption by Type
- 8.3 Middle East & Africa Licorice Extract Consumption by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Marketing, Distributors and Customer
- 10.1 Sales Channel
- 10.1.1 Direct Channels
- 10.1.2 Indirect Channels
- 10.2 Licorice Extract Distributors
- 10.3 Licorice Extract Customer
11 Global Licorice Extract Market Forecast
- 11.1 Global Licorice Extract Consumption Forecast (2019-2024)
- 11.2 Global Licorice Extract Forecast by Regions
- 11.2.1 Global Licorice Extract Forecast by Regions (2019-2024)
- 11.2.2 Global Licorice Extract Value Forecast by Regions (2019-2024)
- 11.2.3 Americas Consumption Forecast
- 11.2.4 APAC Consumption Forecast
- 11.2.5 Europe Consumption Forecast
- 11.2.6 Middle East & Africa Consumption Forecast
- 11.3 Americas Forecast by Countries
- 11.3.1 United States Market Forecast
- 11.3.2 Canada Market Forecast
- 11.3.3 Mexico Market Forecast
- 11.3.4 Brazil Market Forecast
- 11.4 APAC Forecast by Countries
- 11.4.1 China Market Forecast
- 11.4.2 Japan Market Forecast
- 11.4.3 Korea Market Forecast
- 11.4.4 Southeast Asia Market Forecast
- 11.4.5 India Market Forecast
- 11.4.6 Australia Market Forecast
- 11.5 Europe Forecast by Countries
- 11.5.1 Germany Market Forecast
- 11.5.2 France Market Forecast
- 11.5.3 UK Market Forecast
- 11.5.4 Italy Market Forecast
- 11.5.5 Russia Market Forecast
- 11.5.6 Spain Market Forecast
- 11.6 Middle East & Africa Forecast by Countries
- 11.6.1 Egypt Market Forecast
- 11.6.2 South Africa Market Forecast
- 11.6.3 Israel Market Forecast
- 11.6.4 Turkey Market Forecast
- 11.6.5 GCC Countries Market Forecast
- 11.7 Global Licorice Extract Forecast by Type
- 11.8 Global Licorice Extract Forecast by Application
12 Key Players Analysis
- 12.1 Magnasweet
- 12.1.1 Company Details
- 12.1.2 Licorice Extract Product Offered
- 12.1.3 Magnasweet Licorice Extract Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.1.4 Main Business Overview
- 12.1.5 Magnasweet News
- 12.2 ASEH
- 12.2.1 Company Details
- 12.2.2 Licorice Extract Product Offered
- 12.2.3 ASEH Licorice Extract Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.2.4 Main Business Overview
- 12.2.5 ASEH News
- 12.3 Zagros Licorice
- 12.3.1 Company Details
- 12.3.2 Licorice Extract Product Offered
- 12.3.3 Zagros Licorice Licorice Extract Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.3.4 Main Business Overview
- 12.3.5 Zagros Licorice News
- 12.4 Sepidan Osareh
- 12.4.1 Company Details
- 12.4.2 Licorice Extract Product Offered
- 12.4.3 Sepidan Osareh Licorice Extract Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.4.4 Main Business Overview
- 12.4.5 Sepidan Osareh News
- 12.5 F&C Licorice
- 12.5.1 Company Details
- 12.5.2 Licorice Extract Product Offered
- 12.5.3 F&C Licorice Licorice Extract Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.5.4 Main Business Overview
- 12.5.5 F&C Licorice News
- 12.6 Norevo GmbH
- 12.6.1 Company Details
- 12.6.2 Licorice Extract Product Offered
- 12.6.3 Norevo GmbH Licorice Extract Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.6.4 Main Business Overview
- 12.6.5 Norevo GmbH News
- 12.7 Ransom Naturals
- 12.7.1 Company Details
- 12.7.2 Licorice Extract Product Offered
- 12.7.3 Ransom Naturals Licorice Extract Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.7.4 Main Business Overview
- 12.7.5 Ransom Naturals News
- 12.8 Maruzen Pharmaceuticals
- 12.8.1 Company Details
- 12.8.2 Licorice Extract Product Offered
- 12.8.3 Maruzen Pharmaceuticals Licorice Extract Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.8.4 Main Business Overview
- 12.8.5 Maruzen Pharmaceuticals News
- 12.9 MCFS
- 12.9.1 Company Details
- 12.9.2 Licorice Extract Product Offered
- 12.9.3 MCFS Licorice Extract Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.9.4 Main Business Overview
- 12.9.5 MCFS News
- 12.10 Aushadhi Herbal
- 12.10.1 Company Details
- 12.10.2 Licorice Extract Product Offered
- 12.10.3 Aushadhi Herbal Licorice Extract Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.10.4 Main Business Overview
- 12.10.5 Aushadhi Herbal News
- 12.11 Avestia Pharma
- 12.12 VPL Chemicals
- 12.13 Zelang
- 12.14 Changyue
- 12.15 Bokai
13 Research Findings and Conclusion
Summary:
Get latest Market Research Reports on Licorice Extract . Industry analysis & Market Report on Licorice Extract is a syndicated market report, published as Global Licorice Extract Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Licorice Extract market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
REPORT YOU MIGHT BE INTERESTED
Related Reports
Reason to Buy
Reports and Markets
Contact Us
+1-352-353-0818 (US)Newsletter
KEEP UP TO DATE ON ALL THE LATEST REPORTS
