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Licorice root market is expected to grow at the pace of 5.0% in the forecast period of 2020 to 2027. The versatile application of product in the end user industry is helping the market to grow empathetically during the anticipated period.
The mounting requirement for licorice overhead the pharmaceutical area as a sequence of the commodity comprises a distinguished component of Chinese herbaceous medication expected to encourage the germination of licorice root business. The plant is a main seasoning doer and immediately finds widespread utilization in confectionary & bakery and nicotine divisions.
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Global Licorice Root Market Scope and Market Size
On the basis of product form, the licorice root market is segmented into roots and extracts. The roots are further sub-segmented into blocks, powder, paste and other.
On the basis of product type, the licorice root market is segmented into essential oils, liquid malt extract, oleoresins, herbs & spices dry malt extract, and malt flour.
On the basis of function type, the licorice root market is segmented into performance enhancers and palatability enhancers.
On the basis of grade type, the licorice root market is segmented into essential standard malt, caramelized malt, and roasted malt.
On the basis of raw material type, the licorice root market is segmented into maize, barley, wheat, rice, rye, and oat.
On the basis of ingredient type, the licorice root market is segmented into lipids, protein, polysaccharide, and others.
On the basis of end user, the licorice root market is segmented into food & beverage industry, tobacco industry, pharmaceutical industry, cosmetic industry, and dietary supplements.
Licorice Root Market Country Level Analysis
The countries covered in the licorice root market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
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Licorice Root Market Share Analysis
Licorice root market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to licorice root market.
Key Players-
The major players covered in the licorice root market report are Iran Medical Herb., Fanavaran-e-Tosee Sanat-e-Gharb , Glycyrrhiza Glabra Co, Ltd., Naturex SA, NOREVO, Green Agro Invest LLC, Hepner & Eschenbrenner GmbH & Co. KG, MARUZEN PHARMACEUTICALS CO., LTD. Nutra Green Biotechnology Co., Ltd. among other domestic and global players.
MAJOR TOC OF THE REPORT
Part One: Licorice Root Market Overview
Part Two: Manufacturers Profiles
Part Three: Global Licorice Root Market Competition, by Players
Part Four: Global Licorice Root Market Size by Regions
Part Five: Global Licorice Root Market Revenue by Countries
Part Six: Global Licorice Root Market Revenue by Type
Part Seven: Global Licorice Root Market Revenue by Application
Part Eight: Global Licorice Root Market Revenue by Geography
Part Nine: Global Licorice Root Market Revenue by Geography
Part Ten: Global Licorice Root Market Revenue by Geography
Part Eleven: Global Licorice Root Market Revenue by Geography
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