Markntel Advisors' recent report projects that The Global Licorice Extract Market size is valued at around USD 2.12 billion in 2022 & is estimated to grow at a CAGR of about 5.2% during the forecast period 2023-28.This study, produced by one of the leading market research organisations, gives critical insights into key players market positioning, addressing critical issues such as product pricing, costs, earnings, production, capacity utilization, supply and demand dynamics, and industry growth rates. Specialized portions of the research are devoted to SWOT analysis for new companies, investment feasibility assessments, and investment return evaluations. This study is intended to provide industry leaders with the knowledge needed to make well-informed business choices by providing a complete evaluation of market segments and sub-segments.
Global Licorice Extract Market Driver:
Mounting Utilization of the Licorice Extract in the Cosmetic Industry & Its Numerous Benefits to Drive the Market – Licorice extract has been used to treat various illnesses like inflammation, gastrointestinal issues, and respiratory problems. However, its integration into making cosmetic products is also witnessing a surge, thus driving the market. Across the globe, there is a high demand for advanced beauty & cosmetic products that are highly efficient, natural & safe, etc., owing to the rising consciousness among individuals about their looks & appearance. Also, as this extract act as an anti-inflammatory & skin-lightening substance, they are getting frequently deployed in a wide range of cosmetic items, thus supporting the Global Licorice Extract Market growth.
Moreover, in line with its benefits, many cosmetic companies are conducting new research on analyzing the characteristics of this natural extract to manufacture clean-label products. Hence, with the growing R&D and innovation across the cosmetic sector, the Licorice Extract Market is presumed to escalate in the future years.
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Identifying Significant Investment Opportunities in the Licorice Extract Market
Making sensible investing decisions is critical for those looking to increase their profits in the Licorice Extract Market. Our research seeks to find trustworthy investment centres by taking into account criteria such as forecast demand, estimated profitability, profit margins, and market stability. Clients may direct their investments towards important hubs that provide the most promising possibilities by evaluating these aspects. Clients may use this strategic approach to optimise their investment portfolio and achieve long-term success in the Licorice Extract Market. For a complete assessment, the Licorice Extract Market is separated into several branches and subsequent sub-divisions, finally meant to provide stakeholders with essential insights. The market is divided into the following categories:
By Product Type
- Food Grade
- Feed Grade
- Pharmaceutical Grade
By Form
- Powder
- Liquid
- Block
By End Users
- Food & Beverages
- Pharmaceutical
- Tobacco
- Others
By Region
- North America
- South America
- Europe
- Asia-Pacific
- The Middle East and Africa
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Evaluating Potential Business Partners in the Licorice Extract Market
The key players profiled in the Licorice Extract Market research study Alfarid Corporation Limited, AOS Products Pvt. Ltd., Avestia Pharma, C.E. Roeper GmbH, F&C Licorice Ltd., Herbochem, Hyundai Bioland, Mafco Worldwide LLC, Maruzen Pharmaceuticals Co. Ltd., Norevo GmbH, Shaanxi FUJIE Pharmaceutical Co. Ltd., VPL Chemicals Pvt Ltd. , Beijing Gingko Group , Glycyrrhiza Glabra Co. Ltd., Ransom Naturals Ltd., Others. Collaboration and partnerships are critical to the success of businesses in the Licorice Extract Market. Our services assist clients in the efficient discovery and evaluation of new business partners. We provide vital insights about the trustworthiness, reliability, and competencies of prospective partners based on our research and observations. This enables customers to make educated partnership selections, guaranteeing alignment with organizations who share their vision and can positively contribute to their business goals in the Licorice Extract Market.
This all-encompassing report on the Licorice Extract Market Analysis seeks to answer the following key questions:
- What is the projected value of the Licorice Extract Market for the year 2028?
- What prevailing trends are discernible in the Licorice Extract Market, and are there indicators of potential growth or decline in market demand in the years ahead?
- How are the projections for the Licorice Extract Market derived, considering factors such as production, capacity, production value, anticipated costs, profits, market share, supply, consumption, import, and export dynamics?
- What is the market's predicted demand for various product categories and their possible applications across industries?
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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.
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.
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.
