Glycyrrhiza Glabra Licorice Root Extract Market Size to Hit USD 3.87 Billion by 2034

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Glycyrrhiza Glabra Licorice Root Extract Market

5.1. COVID-19 Landscape: Glycyrrhiza Glabra Licorice Root Extract Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Glycyrrhiza Glabra Licorice Root Extract Market, By Product Type

8.1. Glycyrrhiza Glabra Licorice Root Extract Market Revenue and Volume, by Product Type

8.1.1. Powder Extract

8.1.1.1. Market Revenue and Volume Forecast

8.1.2. Liquid Extract

8.1.2.1. Market Revenue and Volume Forecast

8.1.3. Block/Paste Extract

8.1.3.1. Market Revenue and Volume Forecast

8.1.4. Others

8.1.4.1. Market Revenue and Volume Forecast

Chapter 9. Global Glycyrrhiza Glabra Licorice Root Extract Market, By Glycyrrhizin Content

9.1. Glycyrrhiza Glabra Licorice Root Extract Market Revenue and Volume, by Glycyrrhizin Content

9.1.1. High Glycyrrhizin (>20%)

9.1.1.1. Market Revenue and Volume Forecast

9.1.2. Medium Glycyrrhizin (10–20%)

9.1.2.1. Market Revenue and Volume Forecast

9.1.3. Low Glycyrrhizin (<10%)

9.1.3.1. Market Revenue and Volume Forecast

9.1.4. Deglycyrrhizinated Licorice (DGL)

9.1.4.1. Market Revenue and Volume Forecast

Chapter 10. Global Glycyrrhiza Glabra Licorice Root Extract Market, By Application

10.1. Glycyrrhiza Glabra Licorice Root Extract Market Revenue and Volume, by Application

10.1.1. Pharmaceuticals

10.1.1.1. Market Revenue and Volume Forecast

10.1.2. Food & Beverages

10.1.2.1. Market Revenue and Volume Forecast

10.1.3. Cosmetics & Personal Care

10.1.3.1. Market Revenue and Volume Forecast

10.1.4. Dietary Supplements

10.1.4.1. Market Revenue and Volume Forecast

10.1.5. Others

10.1.5.1. Market Revenue and Volume Forecast

Chapter 11. Global Glycyrrhiza Glabra Licorice Root Extract Market, By Grade

11.1. Glycyrrhiza Glabra Licorice Root Extract Market Revenue and Volume, by Grade

11.1.1. Pharmaceutical Grade

11.1.1.1. Market Revenue and Volume Forecast

11.1.2. Food Grade

11.1.2.1. Market Revenue and Volume Forecast

11.1.3 Cosmetic Grade

11.1.3.1. Market Revenue and Volume Forecast

11.1.4. Others (Industrial Grade, Feed Grade)

11.1.4.1. Market Revenue and Volume Forecast

Chapter 12. Global Glycyrrhiza Glabra Licorice Root Extract Market, By Extraction Method

12.1. Glycyrrhiza Glabra Licorice Root Extract Market Revenue and Volume, by Extraction Method

12.1.1. Solvent Extraction

12.1.1.1. Market Revenue and Volume Forecast

12.1.2. Water Extraction

12.1.2.1. Market Revenue and Volume Forecast

12.1.2. Supercritical COâ‚‚ Extraction

12.1.2.1. Market Revenue and Volume Forecast

12.1.2. Ultrasound-Assisted Extraction

12.1.2.1. Market Revenue and Volume Forecast

12.1.2. Others

12.1.2.1. Market Revenue and Volume Forecast

Chapter 13. Global Glycyrrhiza Glabra Licorice Root Extract Market, By Distribution Channel

13.1. Glycyrrhiza Glabra Licorice Root Extract Market Revenue and Volume, by Distribution Channel

13.1.1. Direct Sales (B2B)

13.1.1.1. Market Revenue and Volume Forecast

13.1.2. Retail Sales (B2C)

13.1.2.1. Market Revenue and Volume Forecast

13.1.3. Specialty Stores

13.1.3.1. Market Revenue and Volume Forecast

13.1.4. Online Retail

13.1.4.1. Market Revenue and Volume Forecast

13.1.5. Pharmacies & Drugstores

13.1.5.1. Market Revenue and Volume Forecast

13.1.6. Pharmacies & Drugstores

13.1.6.1. Market Revenue and Volume Forecast

13.1.7. Others

13.1.7.1. Market Revenue and Volume Forecast

Chapter 14. Global Glycyrrhiza Glabra Licorice Root Extract Market, Regional Estimates and Trend Forecast

14.1. North America

14.1.1. Market Revenue and Volume Forecast, by Product Type

14.1.2. Market Revenue and Volume Forecast, by Glycyrrhizin Content

14.1.3. Market Revenue and Volume Forecast, by Application

14.1.4. Market Revenue and Volume Forecast, by Grade

14.1.5. Market Revenue and Volume Forecast, by Extraction Method

14.1.6. Market Revenue and Volume Forecast, by Distribution Channel

14.1.7. U.S.

14.1.7.1. Market Revenue and Volume Forecast, by Product Type

14.1.7.2. Market Revenue and Volume Forecast, by Glycyrrhizin Content

14.1.7.3. Market Revenue and Volume Forecast, by Application

14.1.7.4. Market Revenue and Volume Forecast, by Grade

14.1.8. Market Revenue and Volume Forecast, by Extraction Method

14.1.8.1. Market Revenue and Volume Forecast, by Distribution Channel

14.1.9. Rest of North America

14.1.9.1. Market Revenue and Volume Forecast, by Product Type

14.1.9.2. Market Revenue and Volume Forecast, by Glycyrrhizin Content

14.1.9.3. Market Revenue and Volume Forecast, by Application

14.1.9.4. Market Revenue and Volume Forecast, by Grade

14.1.10. Market Revenue and Volume Forecast, by Extraction Method

14.1.11. Market Revenue and Volume Forecast, by Distribution Channel

14.1.11.1.

14.2. Europe

14.2.1. Market Revenue and Volume Forecast, by Product Type

14.2.2. Market Revenue and Volume Forecast, by Glycyrrhizin Content

14.2.3. Market Revenue and Volume Forecast, by Application

14.2.4. Market Revenue and Volume Forecast, by Grade

14.2.5. Market Revenue and Volume Forecast, by Extraction Method

14.2.6. Market Revenue and Volume Forecast, by Distribution Channel

14.2.8. UK

14.2.8.1. Market Revenue and Volume Forecast, by Product Type

14.2.8.2. Market Revenue and Volume Forecast, by Glycyrrhizin Content

14.2.8.3. Market Revenue and Volume Forecast, by Application

14.2.9. Market Revenue and Volume Forecast, by Grade

14.2.10. Market Revenue and Volume Forecast, by Extraction Method

14.2.10.1. Market Revenue and Volume Forecast, by Distribution Channel

14.2.11. Germany

14.2.11.1. Market Revenue and Volume Forecast, by Product Type

14.2.11.2. Market Revenue and Volume Forecast, by Glycyrrhizin Content

14.2.11.3. Market Revenue and Volume Forecast, by Application

14.2.12. Market Revenue and Volume Forecast, by Grade

14.2.13. Market Revenue and Volume Forecast, by Extraction Method

14.2.14. Market Revenue and Volume Forecast, by Distribution Channel

14.2.15. France

14.2.15.1. Market Revenue and Volume Forecast, by Product Type

14.2.15.2. Market Revenue and Volume Forecast, by Glycyrrhizin Content

14.2.15.3. Market Revenue and Volume Forecast, by Application

14.2.15.4. Market Revenue and Volume Forecast, by Grade

14.2.16. Market Revenue and Volume Forecast, by Extraction Method

14.2.16.1. Market Revenue and Volume Forecast, by Distribution Channel

14.2.17. Rest of Europe

14.2.17.1. Market Revenue and Volume Forecast, by Product Type

14.2.17.2. Market Revenue and Volume Forecast, by Glycyrrhizin Content

14.2.17.3. Market Revenue and Volume Forecast, by Application

14.2.17.4. Market Revenue and Volume Forecast, by Grade

14.2.18. Market Revenue and Volume Forecast, by Extraction Method

14.2.18.1. Market Revenue and Volume Forecast, by Distribution Channel

14.3. APAC

14.3.1. Market Revenue and Volume Forecast, by Product Type

14.3.2. Market Revenue and Volume Forecast, by Glycyrrhizin Content

14.3.3. Market Revenue and Volume Forecast, by Application

14.3.4. Market Revenue and Volume Forecast, by Grade

14.3.5. Market Revenue and Volume Forecast, by Extraction Method

14.3.6. Market Revenue and Volume Forecast, by Distribution Channel

14.3.7. India

14.3.7.1. Market Revenue and Volume Forecast, by Product Type

14.3.7.2. Market Revenue and Volume Forecast, by Glycyrrhizin Content

14.3.7.3. Market Revenue and Volume Forecast, by Application

14.3.7.4. Market Revenue and Volume Forecast, by Grade

14.3.8. Market Revenue and Volume Forecast, by Extraction Method

14.3.9. Market Revenue and Volume Forecast, by Distribution Channel

14.3.10. China

14.3.10.1. Market Revenue and Volume Forecast, by Product Type

14.3.10.2. Market Revenue and Volume Forecast, by Glycyrrhizin Content

14.3.10.3. Market Revenue and Volume Forecast, by Application

14.3.10.4. Market Revenue and Volume Forecast, by Grade

14.3.11. Market Revenue and Volume Forecast, by Extraction Method

14.3.11.1. Market Revenue and Volume Forecast, by Distribution Channel

14.3.12. Japan

14.3.12.1. Market Revenue and Volume Forecast, by Product Type

14.3.12.2. Market Revenue and Volume Forecast, by Glycyrrhizin Content

14.3.12.3. Market Revenue and Volume Forecast, by Application

14.3.12.4. Market Revenue and Volume Forecast, by Grade

14.3.12.5. Market Revenue and Volume Forecast, by Extraction Method

14.3.12.6. Market Revenue and Volume Forecast, by Distribution Channel

14.3.13. Rest of APAC

14.3.13.1. Market Revenue and Volume Forecast, by Product Type

14.3.13.2. Market Revenue and Volume Forecast, by Glycyrrhizin Content

14.3.13.3. Market Revenue and Volume Forecast, by Application

14.3.13.4. Market Revenue and Volume Forecast, by Grade

14.3.13.5. Market Revenue and Volume Forecast, by Extraction Method

14.3.13.6. Market Revenue and Volume Forecast, by Distribution Channel

14.4. MEA

14.4.1. Market Revenue and Volume Forecast, by Product Type

14.4.2. Market Revenue and Volume Forecast, by Glycyrrhizin Content

14.4.3. Market Revenue and Volume Forecast, by Application

14.4.4. Market Revenue and Volume Forecast, by Grade

14.4.5. Market Revenue and Volume Forecast, by Extraction Method

14.4.6. Market Revenue and Volume Forecast, by Distribution Channel

14.4.7. GCC

14.4.7.1. Market Revenue and Volume Forecast, by Product Type

14.4.7.2. Market Revenue and Volume Forecast, by Glycyrrhizin Content

14.4.7.3. Market Revenue and Volume Forecast, by Application

14.4.7.4. Market Revenue and Volume Forecast, by Grade

14.4.8. Market Revenue and Volume Forecast, by Extraction Method

14.4.9. Market Revenue and Volume Forecast, by Distribution Channel

14.4.10. North Africa

14.4.10.1. Market Revenue and Volume Forecast, by Product Type

14.4.10.2. Market Revenue and Volume Forecast, by Glycyrrhizin Content

14.4.10.3. Market Revenue and Volume Forecast, by Application

14.4.10.4. Market Revenue and Volume Forecast, by Grade

14.4.11. Market Revenue and Volume Forecast, by Extraction Method

14.4.12. Market Revenue and Volume Forecast, by Distribution Channel

14.4.13. South Africa

14.4.13.1. Market Revenue and Volume Forecast, by Product Type

14.4.13.2. Market Revenue and Volume Forecast, by Glycyrrhizin Content

14.4.13.3. Market Revenue and Volume Forecast, by Application

14.4.13.4. Market Revenue and Volume Forecast, by Grade

14.4.13.5. Market Revenue and Volume Forecast, by Extraction Method

14.4.13.6. Market Revenue and Volume Forecast, by Distribution Channel

14.4.14. Rest of MEA

14.4.14.1. Market Revenue and Volume Forecast, by Product Type

14.4.14.2. Market Revenue and Volume Forecast, by Glycyrrhizin Content

14.4.14.3. Market Revenue and Volume Forecast, by Application

14.4.14.4. Market Revenue and Volume Forecast, by Grade

14.4.14.5. Market Revenue and Volume Forecast, by Extraction Method

14.4.14.6. Market Revenue and Volume Forecast, by Distribution Channel

14.5. Latin America

14.5.1. Market Revenue and Volume Forecast, by Product Type

14.5.2. Market Revenue and Volume Forecast, by Glycyrrhizin Content

14.5.3. Market Revenue and Volume Forecast, by Application

14.5.4. Market Revenue and Volume Forecast, by Grade

14.5.5. Market Revenue and Volume Forecast, by Extraction Method

14.5.6. Market Revenue and Volume Forecast, by Distribution Channel

14.5.7. Brazil

14.5.7.1. Market Revenue and Volume Forecast, by Product Type

14.5.7.2. Market Revenue and Volume Forecast, by Glycyrrhizin Content

14.5.7.3. Market Revenue and Volume Forecast, by Application

14.5.7.4. Market Revenue and Volume Forecast, by Grade

14.5.8. Market Revenue and Volume Forecast, by Extraction Method

14.5.8.1. Market Revenue and Volume Forecast, by Distribution Channel

14.5.9. Rest of LATAM

14.5.9.1. Market Revenue and Volume Forecast, by Product Type

14.5.9.2. Market Revenue and Volume Forecast, by Glycyrrhizin Content

14.5.9.3. Market Revenue and Volume Forecast, by Application

14.5.9.4. Market Revenue and Volume Forecast, by Grade

14.5.9.5. Market Revenue and Volume Forecast, by Extraction Method

14.5.9.6. Market Revenue and Volume Forecast, by Distribution Channel

Chapter 15. Company Profiles

15.1. Mafco Worldwide LLC

15.1.1. Company Overview

15.1.2. Product Offerings

15.1.3. Financial Performance

15.1.4. Recent Initiatives

15.2. Norevo GmbH

15.2.1. Company Overview

15.2.2. Product Offerings

15.2.3. Financial Performance

15.2.4. Recent Initiatives

15.3. F&C Licorice Ltd.

15.3.1. Company Overview

15.3.2. Product Offerings

15.3.3. Financial Performance

15.3.4. Recent Initiatives

15.4. Ransom Naturals Ltd.

15.4.1. Company Overview

15.4.2. Product Offerings

15.4.3. Financial Performance

15.4.4. Recent Initiatives

15.5. Maruzen Pharmaceuticals Co., Ltd.

15.5.1. Company Overview

15.5.2. Product Offerings

15.5.3. Financial Performance

15.5.4. Recent Initiatives

15.6. Aushadhi Herbal

15.6.1. Company Overview

15.6.2. Product Offerings

15.6.3. Financial Performance

15.6.4. Recent Initiatives

15.7. Hunan NutraMax Inc

15.7.1. Company Overview

15.7.2. Product Offerings

15.7.3. Financial Performance

15.7.4. Recent Initiatives

15.8. Natural Bio Ingredients Co., Ltd.

15.8.1. Company Overview

15.8.2. Product Offerings

15.8.3. Financial Performance

15.8.4. Recent Initiatives

15.9. MAFCO Health and Nutrition

15.9.1. Company Overview

15.9.2. Product Offerings

15.9.3. Financial Performance

15.9.4. Recent Initiatives

15.10. Xinjiang Tianshan Pharmaceuticals

15.10.1. Company Overview

15.10.2. Product Offerings

15.10.3. Financial Performance

15.10.4. Recent Initiatives

Chapter 16. Research Methodology

16.1. Primary Research

16.2. Secondary Research

16.3. Assumptions

Chapter 17. Appendix

17.1. About Us

17.2. Glossary of Terms

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Frequently Asked Questions

The glycyrrhiza glabra licorice root extract market size is expected to increase from USD 2.15 billion in 2024 to USD 3.87 billion by 2034.

The glycyrrhiza glabra licorice root extract market is expected to grow at a compound annual growth rate (CAGR) of around 6.05% from 2025 to 2034.

The major players in the glycyrrhiza glabra licorice root extract market include Mafco Worldwide LLC, Norevo GmbH, Sepidan Osareh Co., F&C Licorice Ltd., Zagros Licorice Co., VPL Chemicals Pvt. Ltd., Ransom Naturals Ltd., Maruzen Pharmaceuticals Co., Ltd., • Z Natural Foods, LLC, C.E. Roeper GmbH, Shaanxi Fuji Bio-Tech Co., Ltd., Aushadhi Herbal, Hunan NutraMax Inc., Natural Bio Ingredients Co., Ltd., Gansu Zhongshan Licorice Development Co., Ltd., MAFCO Health and Nutrition, Xinjiang Tianshan Pharmaceuticals, Shaanxi Sangherb Bio-Tech Inc., Ambe NS Agro Products Pvt. Ltd., Shreeji Pharma International

The driving factors of the glycyrrhiza glabra licorice root extract market are the rising use of herbal products in skincare, respiratory health supplements, and functional foods is expected to drive market expansion.

Asia Pacific region will lead the global glycyrrhiza glabra licorice root extract market during the forecast period 2025 to 2034.