Executive Summary Organic Licorice Extracts Market Size and Share Across Top Segments

CAGR Value

• The global organic licorice extracts market size was valued at USD 712.52 million in 2025 and is expected to reach USD 938.25 million by 2033, at a CAGR of 3.5% during the forecast period

This Organic Licorice Extracts Market report is composed of a myriad of factors that have an influence on the market and include industry insight and critical success factors (CSFs), market segmentation and value chain analysis, industry dynamics, market drivers, market restraints, key opportunities, technology and application outlook, country-level and regional analysis, competitive landscape, company market share analysis, and key company profiles. Moreover, businesses can gain insights into profit growth and sustainability programs with this report. Business intelligence is an essential aspect when it comes to accomplishing thorough and wide-ranging market insights, and the same is applied for generating this Organic Licorice Extracts Market research report.

The Organic Licorice Extracts Market report studies various parameters throughout the report, which analyzes the market status in detail. As today’s businesses greatly demand the market research analysis before taking any verdict about the products, opting for such Organic Licorice Extracts Market research report is vital for the businesses. Market segmentation gives you a clear idea about the product consumption based on several factors that include, but are not limited to, type, application, deployment model, end user, and geographical region. A reliable Organic Licorice Extracts Market research report extends your reach to the success that you desire in your business. So, this global Organic Licorice Extracts Market research report is a proven source to gain valuable market insights and take better decisions about the important business strategies.

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Organic Licorice Extracts Market Growth Snapshot

Segments

- Based on form, the global organic licorice extracts market can be segmented into powder and liquid. The powder segment is expected to dominate the market due to its ease of use in various applications such as food and beverages, pharmaceuticals, and cosmetics. Powdered licorice extracts are widely used for their flavoring and medicinal properties, driving the growth of this segment.
- On the basis of application, the market is categorized into food and beverages, pharmaceuticals, cosmetics, and others. The food and beverages segment is anticipated to hold a significant market share, driven by the increasing demand for natural ingredients in the food industry. Organic licorice extracts are used as a natural sweetener and flavoring agent in various food products, further boosting the growth of this segment.
- By distribution channel, the market can be divided into direct sales and indirect sales. The indirect sales segment is expected to witness substantial growth due to the widespread availability of organic licorice extract products through various retail channels such as supermarkets, specialty stores, and online platforms. The convenience and accessibility offered by indirect sales channels are likely to drive the market demand in this segment.

Market Players

- Naturex S.A.
- ASEH Co. Ltd.
- Aushadhi Herbal
- Zelang Group
- Greenutra
- Maruzen Pharmaceuticals Co., Ltd.
- Nutra Green Biotechnology Co., Ltd.
- Changsha Huir Biological-tech Co., Ltd.
- Magnasweet
- Hepner & Eschenbrenner

These market players are actively involved in product launches, expansions, mergers, and acquisitions to enhance their market presence and expand their product portfolio in the global organic licorice extracts market.

The global organic licorice extracts market is witnessing significant growth driven by the increasing preference for natural and organic ingredients in various industries. The market segmentation based on form highlights the dominance of the powder segment due to its versatility in applications across food and beverages, pharmaceuticals, and cosmetics. Powdered licorice extracts are favored for their flavor-enhancing properties and medicinal benefits, contributing to the growth of this segment. Additionally, the ease of use of powdered extracts makes them a popular choice among manufacturers in different sectors.

When examining the market based on application, the food and beverages segment emerges as a crucial driver of market growth. The rising consumer demand for natural sweeteners and flavoring agents in food products is propelling the adoption of organic licorice extracts in this industry. As consumers become more health-conscious and seek clean label ingredients, the demand for organic licorice extracts is expected to further surge, particularly in the food and beverages sector. The versatility of licorice extracts in enhancing taste profiles and providing functional benefits also adds to their appeal in this segment.

Considering the distribution channels in the market, the indirect sales segment is poised for substantial growth due to the convenient availability of organic licorice extract products through various retail channels. Supermarkets, specialty stores, and online platforms play a vital role in making these products accessible to a wider consumer base, thereby driving market demand in the indirect sales channel. The convenience factor and the widespread presence of organic licorice extracts across different retail outlets contribute to the growth potential of this segment.

Market players in the global organic licorice extracts market such as Naturex S.A., ASEH Co. Ltd., and Aushadhi Herbal are actively engaged in strategies like product launches, expansions, and mergers to strengthen their market position and expand their product offerings. With a focus on innovation and portfolio diversification, these companies are catering to the evolving needs of consumers in the organic licorice extracts market. Collaborative initiatives and strategic partnerships are also prevalent among market players to leverage each other's strengths and capitalize on growth opportunities in the market.

In conclusion, the global organic licorice extracts market is witnessing robust growth driven by factors such as increasing adoption of natural ingredients, rising consumer awareness about health and wellness, and the versatile applications of licorice extracts across various industries. Market players are actively responding to these trends through innovative product developments and strategic collaborations, shaping the competitive landscape of the organic licorice extracts market. Moving forward, the market is poised for further expansion, supported by growing consumer demand for organic and clean label ingredients across different sectors globally.The global organic licorice extracts market is a dynamic and competitive space driven by the increasing consumer preference for natural and organic ingredients in various industries. Market players are focusing on innovation and strategic collaborations to enhance their market presence and meet the evolving demands of customers. Naturex S.A., ASEH Co. Ltd., Aushadhi Herbal, and other key players are actively involved in product launches, expansions, and mergers to expand their product portfolio and cater to the growing market needs.

The dominance of the powder segment in the organic licorice extracts market can be attributed to its versatility and ease of use in different applications such as food and beverages, pharmaceuticals, and cosmetics. Powdered licorice extracts are preferred for their flavor-enhancing properties and medicinal benefits, driving the growth of this segment. Manufacturers in various industries choose powdered extracts for their functionality and convenience in product formulations.

In terms of application, the food and beverages segment is a significant driver of market growth as there is a growing demand for natural sweeteners and flavor enhancers in food products. Organic licorice extracts serve as a natural alternative for consumers seeking clean label ingredients, contributing to the popularity of these extracts in the food and beverage industry. The versatility of licorice extracts in improving taste profiles and providing health benefits further fuels their adoption in this segment.

The indirect sales channel is expected to witness substantial growth in the organic licorice extracts market due to the widespread availability of products through various retail channels. Supermarkets, specialty stores, and online platforms play a key role in making organic licorice extract products accessible to a wide range of consumers, thereby driving market demand in this segment. The convenience factor and the increasing presence of licorice extracts in retail outlets contribute to the growth potential of the indirect sales channel.

In conclusion, the global organic licorice extracts market is poised for expansion fueled by the rising consumer demand for natural and organic ingredients across different industries. Market players are proactively responding to market trends through strategic initiatives and product innovations to stay competitive and meet consumer preferences. With a focus on quality, sustainability, and consumer health, the organic licorice extracts market is set to witness continued growth and development in the coming years.

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Global Organic Licorice Extracts Market – Segmentation & Forecast Question Templates

• What is the market size snapshot for the Organic Licorice Extracts industry?
• What is the global market growth trend for Organic Licorice Extracts s?
• Which key segmentations are assessed in the Organic Licorice Extracts Market?
• What are the names of top-rated players in the Organic Licorice Extracts Market sector?
• What countries offer the highest opportunities in Organic Licorice Extracts Market?
• What are the names of leading regional competitors in Organic Licorice Extracts Market?

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