Also famous by the name “Sweet Root”, Licorice root is commonly used as a sweetener in beverages and candies. Many people have used it for centuries due to its medicinal perks. The term “licorice” is taken from the roots of a plant, Glycyrrhiza glabra. This pant is native to Asia and Europe while the early Egyptian used it as a cure and in teas as well. Later, licorice was imported to China and there it became of the essential herbs used in Chinese medicines.
According to a new study by TMR, the sales of licorice extract are expected to reach ~US$ – 1.9 Bn in 2019, and record a Y-o-Y growth of ~4% during the forecast period of 2019 to 2029.Growth of the licorice extract market remains driven by a slew of factors, which range from rising demand for clean label products and changing regulations in the food and beverage industry, to increasing awareness among consumers.Licorice is an evergreen herb, and is predominantly cultivated in West Asia, Greece, and Turkey.
Licorice was also used as an expectorant.
The unpeeled dried roots and the subterranean stem (rhizome) are the medicinal components of the plant.Licorice extract is fifty times sweeter than sugar.
Licorice is mainly used in the candy and tobacco sectors as a flavoring agent, and to some extent in the pharmaceutical and beverage sectors.
The chemical compounds discovered in licorice extract were explored for a variety of uses, including cancer therapy and antiviral activity.https://www.prnewswire.com/news-releases/increasing-rd-activities-to-help-raise-revenue-of-global-animal-feed-probiotics-market-to-us4-3-bn-by-2027–finds-tmr-301022178.htmlPreferential Inclination towards Non-modified Convenience IngredientsIncreasing health and wellness issues have changed the lifestyles and practices of consumers.
Consumers are demanding transparency about the products that they consume, and want to know the sources of the various ingredients in their food productsRequest A Sample of Licorice Extract Market – https://www.transparencymarketresearch.com/sample/sample.php?flag=S_id=18749Nutritional Thrust through Innovative Ingredients Driving Global DemandConsumer preferences are always changing over time, and demand changes with ever-changing preferences.
At its heart, curcumin is a bright yellow colored chemical that is produced by certain plants.
In earlier times, people mistook it as turmeric but later it was discovered that is an integral component of it but differs from conventional turmeric.
In the last few years, this compound has made quite a reputation for itself and has been recognized for its beneficial qualities.
Due to this, the global organic curcumin market has gained momentum.Organic curcumin is available in the market in various forms.
It ranges from herbal supplements, cosmetic ingredient to food flavoring and coloring.
Owing to this fact, it can be asserted that the in the coming years the global curcumin market will achieve new heights.Market ScenarioThe current population has become overtly health conscious, people have started keeping tabs on what they use and they shy away from chemical products and have started giving preference to organic items.
The research study presented here is an intelligent take on the global Licorice Extract market that explains important aspects such as competition, segmentation, and regional growth in great detail.
In addition, they have concentrated on qualitative and quantitative analyses to help with a deep understanding of the global Licorice Extract market.
Furthermore, the report provides powerful suggestions and recommendations to help players create strong growth strategies and ensure impressive sales in the global Licorice Extract market.Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) https://www.globalinforesearch.com/reports/526231/licorice-extractAs part of competitive analysis, the research study includes exhaustive company profiling of leading players of the global Licorice Extract market.
All of the segments studied in the report are analyzed based on different factors such as market share, revenue, and CAGR.
The analysts have also thoroughly analyzed different regions such as North America, Europe, and Asia Pacific on the basis of production, revenue, and sales in the global Licorice Extract market.
The researchers used advanced primary and secondary research methodologies and tools for preparing this report on the global Licorice Extract market.Key Players Mentioned in the Global Licorice Extract Market Research Report: MagnasweetASEHZagros LicoriceSepidan OsarehFandC LicoriceNorevo GmbHRansom NaturalsMaruzen PharmaceuticalsMCFSAushadhi HerbalAvestia PharmaVPL ChemicalsZelangChangyueBokaiGlobal Licorice Extract Market Segmentation by Product: Pharmaceutical GradeFood GradeFeed GradeGlobal Licorice Extract Market Segmentation by Application:PharmaceuticalFoodCosmeticOthers The global Licorice Extract market is segmented on the basis of type of product, application, and region.
