Licorice Extract Market : Global Industry Analysis 2016 - 2025 and Opportunity Assessment 2026 - 2036

Licorice Extract Market Size, Market Forecast and Outlook By FMI

The licorice extract market value was at USD 0.9 billion in 2025 and is projected to reach USD 1.0 billion in 2026. Industry is forecast to reach USD 1.7 billion by 2036 at 5.4% CAGR. Direct sales are expected to account for 75.0% share of distribution channel in 2026. Solid form is projected to hold 58.0% share of form in 2026.

Summary of the Licorice Extract Market

• Demand and Growth Drivers
  • Food and beverage makers are using licorice extract for sweetness, flavor masking and bitter-note control in smaller dosed formulations.
  • Pharmaceutical buyers are raising documentation needs as glycyrrhizin range affects consistency in respiratory and herbal formulations.
  • Cosmetic formulators are using glabridin-rich extracts in brightening and calming products requiring controlled botanical sourcing.
• Product and Segment View
  • Powder solid extract is forecast to account for 40.0% share in 2026 as dry blending suits capsules and functional powders.
  • Nutraceutical and dietary supplements are projected to capture 30.0% share in 2026 as herbal capsules use standardized root extracts.
  • Solid form is expected to hold 58.0% share in 2026 since blocks and powders lower handling complexity for bulk users.
• Geography and Competitive Outlook
  • India is projected to record 11.5% CAGR by 2036, reflected by herbal supplement makers widening standardized extract use.
  • Australia is expected to expand at 8.4% CAGR by 2036, driven by imported extracts supporting food and wellness formulations.
  • MAFCO Worldwide and Norevo shape competition through product range depth and direct ingredient account reach.
• Analyst Opinion
  • Nandini Roy Choudhury, Principal Consultant for Food and Beverage at FMI, observes, “Licorice extract buying is moving from root volume toward active-content proof. Food makers need taste consistency while pharmaceutical buyers need extract strength control. Suppliers able to connect origin and finished form will shape the next phase of premium ingredient supply.”
  • Licorice Extract Market Value Analysis
  • Licorice extract value is shifting from bulk paste toward standardized powders and documented active compound ranges.
  • Operator spending is tied to glycyrrhizin control as buyers compare sweetness, bitterness control and dose consistency.
  • Formulators are linking extract quality with clean-label positioning as plant-based actives enter food and wellness products.
  • Demand is supported by confectionery, pharmaceutical and personal care makers seeking botanical ingredients with repeatable performance.

Ingredient buyers prefer sweetness and safety proof before licorice extract moves from a traditional flavor into a specified formulation input. Food formulators get a clearer entry point in the United States as FDA lists licorice under 21 CFR 184.1408 with FEMA No. 2630. Regulatory status reduces uncertainty for flavor systems and keeps direct supplier documentation important during food manufacturer approval. Norevo’s January 2026 brochure gives the confectionery case since glycyrrhizin is about 30 times sweeter than sucrose and extract is available in powder formats.

Format choice matters for candy makers requiring dosing control without changing line handling across high-volume runs. Karger’s 2025 GutGard study documents a different formulation route with at least 3.5% glabridin and at least 10% total flavonoids. Controlled glycyrrhizin levels give supplement brands a cleaner route for digestive health formats with clearer ingredient briefs. Controlled specifications will separate premium extracts from loose herbal powders during supplier selection and repeat orders.

Licorice Extract Market Definition

Licorice extract covers concentrated ingredients obtained from Glycyrrhiza roots through water, ethanol or other extraction routes. Scope includes solid blocks and powders. Pastes and liquids sold to food and wellness users are also included. Revenue covers extract ingredients and glycyrrhizin-based derivatives sold for flavoring, sweetening or bioactive use. Root-only trade is excluded unless value is captured through extract processing.

Licorice Extract Market Inclusions

Scope includes licorice root converted into blocks and powders. Paste and liquid extract forms serve food-grade and wellness uses. Pharmaceutical grades are covered if sold as standardized extract ingredients. Cosmetic use is included when glabridin-rich extracts support skin-care formulation. Direct sales and distributor sales are included when they carry ingredient revenue.

Licorice Extract Market Exclusions

Scope excludes unprocessed root sold for direct household use. Finished candies and finished supplements are excluded unless extract revenue is separately identifiable. Tobacco flavoring revenue is excluded from the core demand view. Synthetic sweeteners and unrelated botanical flavor enhancers are outside the market boundary.

Licorice Extract Market Research Methodology

• Primary Research: FMI analysts reviewed ingredient specifications, buyer workflows and supplier product positioning across food and wellness channels.
• Desk Research: Trade data and food regulations supported the demand view. Herbal monographs and official company material added context.
• Market sizing and forecasting: Forecast values used supplied anchors, trade checks and segment-level share estimates.
• Data validation: Checks compared HS 130212 trade flows with supplier product forms and major country application patterns.

Why is the Licorice Extract Market Growing?

• Confectionery makers use licorice extract to build deeper flavor and sweetness with smaller additive volumes.
• Herbal supplement firms are shifting toward standardized powders since capsules and tablets need repeatable active-content control.
• Personal care formulators are adding glabridin-rich extracts as botanical skin-care actives gain wider buyer interest.

Trade concentration is making licorice extract a more important sourcing item for food and herbal ingredient buyers. Trade data indicate that 2024 global imports of liquorice sap and extract were led by the European Union at USD 34.69 million and China at USD 26.60 million. This import demand is concentrated in countries with strong food processing and herbal formulation capacity, keeping sourcing decisions closely to origin risk and active-content variation. Buyers therefore look for supply contracts that balance price with documentation quality and reliable extract availability.

Functional food makers are widening the use case for licorice extract as taste systems and supplement formats move closer. USA Food and Drug Administration identifies licorice extract as a flavoring agent or adjuvant under 21 CFR 184.1408. Regulatory recognition gives food makers a stronger route for controlled ingredient use. Nutraceutical buyers apply a stricter screen around concentration and safety notes. Split demand keeps premium extract grades above commodity root pricing.

Market Segmentation Analysis

• Solid form is projected to capture 58.0% share in 2026, reflected by bulk buyers preferring stable extracts for storage and repeated ingredient blending.
• Direct sales are forecast to account for 75.0% share in 2026 since large food and pharmaceutical buyers need supplier assurance and batch consistency.
• Solvent extraction is projected to hold 42.0% share in 2026 as processors use scalable extraction routes for consistent glycyrrhizin recovery.
• Pharmaceutical industry is expected to account for 42.0% share in 2026 due to respiratory and herbal formulations using licorice extract in finished products.
• Powder solid extract is projected to capture 40.0% share in 2026 led by food and nutraceutical makers preferring easier dosing and blending.
• Medium glycyrrhizin 10 to 30 percent is forecast to hold 40.0% share in 2026 since balanced extract strength fits food and supplement use.
• Nutraceutical and dietary supplements are expected to account for 30.0% share in 2026, driven by capsules and tablets supporting measured extract intake.

Market segmentation is divided into seven primary groups based on product type and application in the first view. Active compound profile and end use industry complete the functional view of the sector. Form and extraction method explain how suppliers process extract for buyer requirements. Distribution channel shows how ingredient makers reach bulk users and smaller buyers. Product type separates blocks and powders from liquid extracts. Application explains whether licorice extract is used in confectionery or wellness products. Active compound profile reflects extract strength and target formulation use. End use industry separates food, pharmaceutical, nutraceutical and personal care consumption.

Insights into Licorice Extract Market by Product Type

• Powder solid extract is projected to account for 40.0% share in 2026 since manufacturers use it for dry blends and capsule filling.
• Blocks solid extract retains use among traditional processors requiring dense material formats for bulk handling and further conversion.

Insights into Licorice Extract Market by Application

• Nutraceutical and dietary supplements are expected to hold 30.0% share in 2026 due to wellness brands using licorice extract in measured formats.
• Confectionery demand continues as licorice extract supports candy flavoring and sweetness control in established food applications.

Insights into Licorice Extract Market by Active Compound Profile

• Medium glycyrrhizin 10 to 30 percent is forecast to capture 40.0% share in 2026, reflected by balanced extract strength suiting food and supplement use.
• Low glycyrrhizin below 10 percent remains important for food-grade applications depending on flavor value with lower active intensity.

Insights into Licorice Extract Market by End Use Industry

• Pharmaceutical industry is projected to account for 42.0% share in 2026, driven by licorice extract being used in respiratory and herbal preparations.
• Food and beverage industry maintains steady use as confectionery and flavoring applications support recurring bulk ingredient purchases.

Insights into Licorice Extract Market by Form

• Solid form is forecast to account for 58.0% share in 2026 due to processors favoring stable formats for transport and warehouse storage.
• Liquid form gains use among formulators needing easier mixing in beverages and cosmetic preparations.

Insights into Licorice Extract Market by Extraction Method

• Solvent extraction is projected to hold 42.0% share in 2026 since processors rely on established methods for commercial-scale recovery.
• Water-based extraction gains interest as clean-label food and wellness formulations place greater value on milder processing routes.

Insights into Licorice Extract Market by Distribution Channel

• Direct sales are expected to account for 75.0% share in 2026, led by large buyers needing quality checks and supply planning.
• Indirect sales remain useful for smaller ingredient buyers depending on distributors for shorter lead times and flexible volumes.

Licorice Extract Market Drivers, Restraints and Opportunities

• Concentration-defined buying makes standardized glycyrrhizin levels part of everyday ingredient approval work.
• Import concentration can slow extract contracts since buyers need origin checks and active-content documentation before approval.
• Glabridin-rich cosmetic extracts create opportunity as skin-care formulators looking for traceable botanical actives.

Licorice extract demand is expected to come from food flavoring, herbal supplements and cosmetic actives requiring clear ingredient proof. In trade terms, data show that 2024 liquorice sap and extract imports were led by the European Union at USD 34.69 million and China at USD 26.60 million, highlighting how buying is concentrated across major formulation hubs. FDA recognition under 21 CFR 184.1408 supports food makers using licorice extract as a flavoring agent or adjuvant. European Medicines Agency’s August 2025 Liquiritiae radix draft revision keeps herbal medicine buyers focused on dose control and product-grade documentation. Supplier opportunity is likely to improve in medium glycyrrhizin grades and glabridin-rich extracts as buyers compare origin records, active profile and safety notes before issuing long-term contracts.

Installed Base and Replacement Cycle Analysis

Recurring specification renewal is a better indicator than replacement demand in the licorice extract supply chain. Food and supplement plants do not replace extract like equipment. Supplier approvals are renewed when recipes change or a new dosage format enters production. World Bank WITS trade data place Germany’s 2024 imports of liquorice sap and extract at USD 16.93 million and 3.42 million kg, illustrating how mature processors depend on steady imported extract supply for food and herbal formulations. Requalification cycles are expected to favor suppliers with stable origin documents and repeatable active profiles.

Production Capacity and Supplier Footprint Analysis

Supplier footprint in the licorice extract market will be judged by origin access, form range and regional delivery reach. MAFCO lists Richmond, Virginia for licorice extract manufacturing and distribution to the Americas. Norevo’s January 2026 brochure states it supplies licorice extract in granules, powder, low-dust powder, paste and blocks for confectionery use. F&C Licorice lists spray-dried powder and block formats for customized extract needs. Product range will shape supplier selection as capsule makers need powders, confectionery users need blocks and syrup formulators need paste formats. Competitive strength is expected to come from extract consistency and application fit.

Analysis of Licorice Extract Market by Key Countries

Country	CAGR
India	11.5%
Australia	8.4%
China	7.8%
United States	6.7%
Brazil	6.3%
Germany	5.6%
Japan	4.4%

Source: Future Market Insights, 2026.

Licorice Extract Market CAGR Analysis by Country

• India is projected to record 11.5% CAGR by 2036, due to herbal supplement use and Ayurveda-based formulation demand.
• Australia is expected to expand at 8.4% CAGR by 2036 led by clean-label food and natural health product use.
• China is forecast to grow at 7.8% CAGR by 2036 due to extract processing depth and herbal ingredient demand.
• United States is expected to advance at 6.7% CAGR by 2036 since food flavoring use and supplement applications support standardized extracts.
• Brazil is projected to rise at 6.3% CAGR by 2036 through confectionery use and natural ingredient adoption. Germany is forecast at 5.6% CAGR by 2036 as food processors and herbal medicine buyers maintain import demand. Japan is expected to post 4.4% CAGR by 2036 as stricter quality screening keeps adoption measured.

Country performance differs by herbal formulation depth and food processing use. India, Australia and China track above the global pace through higher natural product intake and extract processing activity. United States and Brazil stay closer to the global line as food and supplement applications support steady use. Germany and Japan show measured growth due to mature buyer requirements and stricter supplier qualification.

Demand Outlook for Licorice Extract in India

Demand in India is projected to record an 11.5% CAGR by 2036 due to herbal formulations and supplement use. Supporting this demand view, World Bank WITS trade data show India’s 2024 liquorice sap and extract imports at USD 349.14 thousand. Germany and China were the two main supplier countries for India in 2024, reinforcing the market’s reliance on imported extract. Domestic buyers are expected to favor standardized powders as capsules and herbal blends need repeatable extract strength.

• Herbal supplement makers can use standardized licorice powders for capsules and tablets with controlled active content.
• Ayurvedic formulation demand is expected to support extract grades with clearer origin and concentration records.
• Import dependence keeps supplier qualification tied to batch documents and stable sourcing arrangements.

Demand Analysis of Licorice Extract in Australia

Demand in Australia is expected to expand at 8.4% CAGR by 2036 led by clean-label food and natural health product use. Consistent with this, survey recorded Australia’s 2024 liquorice sap and extract imports at USD 580.14 thousand and 103,938 kg. With supply largely import-driven, local buyers are expected to screen suppliers on product form, documentation quality and delivery reliability before repeat purchases.

• Natural health brands can use licorice extract in supplement formats requiring firm ingredient identity.
• Food formulators are expected to prefer stable powder and paste formats for flavoring applications.
• Import-based supply makes documentation and lead-time reliability important for Australian buyers.

Sales Analysis of Licorice Extract in China

Sales in China are forecast to grow at 7.8% CAGR by 2036 due to herbal ingredient demand and extract processing depth. World Bank WITS data report China’s 2024 imports of liquorice sap and extract at USD 26.60 million and 6.40 million kg, indicating the scale of flows supporting downstream processing. Large import volume gives processors room to serve food and herbal product buyers with different extract strengths.

• Extract processors can supply food and wellness users with powder and liquid formats at commercial scale.
• Herbal product makers are expected to compare glycyrrhizin levels before selecting standardized extract grades.
• Local processing depth supports faster sampling for food-grade and wellness-grade licorice extract formats.

Opportunity Analysis of Licorice Extract in United States

Demand in United States is expected to advance at 6.7% CAGR by 2036 since food flavoring and supplement applications support standardized extracts. In line with this usage profile, World Bank WITS places 2024 USA imports at USD 17.92 million and 2.50 million kg. Food and supplement buyers are expected to favor suppliers able to support regulatory files and ingredient claims.

• Food makers can use licorice extract as a flavoring input with clearer approval documentation.
• Supplement brands are expected to prefer controlled glycyrrhizin grades for capsules and tablets.
• High import value keeps supplier competition tied to quality records and account support.

Future Outlook for Licorice Extract in Brazil

Demand in Brazil is projected to rise at 6.3% CAGR by 2036 through confectionery use and natural ingredient adoption. On the trade side, data put Brazil’s 2024 liquorice sap and extract imports at USD 137.34 thousand, suggesting a smaller base and more selective use across food and wellness applications. Suppliers need flexible volumes and strong documentation support as broader buyer adoption develops.

• Confectionery makers can use licorice extract for flavor depth in selected product lines.
• Natural ingredient users are expected to favor suppliers with smaller batch options and stable documents.
• Lower import scale makes distributor coverage important for reaching mid-sized food and supplement buyers.

Demand Outlook for Licorice Extract in Germany

Sector in Germany is forecast at 5.6% CAGR by 2036 as food processors and herbal medicine buyers maintain import demand. Reflecting this steady pull, WITS reports Germany’s 2024 imports at USD 16.93 million and 3.42 million kg. Mature processing activity is expected to keep supplier approval strict, with buyers focusing on origin records and repeatable active profiles.

• Food processors can use licorice extract in confectionery and flavor systems with steady import support.
• Herbal medicine buyers are expected to screen extract strength before accepting new suppliers.
• High import volume supports suppliers with consistent quality files and dependable European delivery routes.

In-depth Analysis of Licorice Extract in Japan

Demand in Japan is expected to post 4.4% CAGR by 2036 as quality screening keeps adoption measured. Trade signals align with this selective approach, as records from Japan’s 2024 liquorice sap and extract imports reached USD 849.90 thousand and 72,570 kg. Buyers are expected to use licorice extract selectively in food and herbal formulations, and supplier selection will depend on proof of purity and stable active content.

• Food formulators can use licorice extract where flavor strength and dosage control are clearly documented.
• Herbal product makers are expected to favor suppliers with traceable origin and compound profiles.
• Quality screening keeps adoption slower than India and China. Quality screening supports premium standardized grades.

Competitive Landscape and Strategic Positioning

• Global suppliers are expected to hold an advantage through wider extract form ranges and clearer food-grade documentation.
• Chinese processors compete through plant extraction scale and closer access to regional botanical raw materials.
• Specialist producers gain buyers through customized powder and block formats built for specific formulation needs.

Competition in licorice extract is shaped by form range and proof of active-content consistency. Large ingredient buyers compare suppliers on product format, food-grade documents and the ability to keep recipes consistent. MAFCO Worldwide has an established position through its licorice product history and manufacturing distribution for the Americas. Norevo competes with granules and powder. Paste and blocks complete its extract range. Larger accounts are expected to favor vendors that can reduce approval time and support repeatable product quality.

Regional and specialist producers remain relevant by serving narrower extract needs across customized and traditional ingredient formats. F&C Licorice promotes customized licorice extract products in powder, paste and block forms. Zagros Licorice lists spray-dried powder and semi-fluid paste for different buyer uses. Suppliers with faster customization and deeper sourcing knowledge can defend share in application-specific orders. Competitive strength is expected to move toward companies with reliable origin control and repeatable batch documentation.

Key Companies in the Licorice Extract Market

Competition is clearer by role as global extract specialists and regional processors serve different buyer needs.

• Global Extract Specialists: MAFCO Worldwide and Norevo serve large ingredient buyers through broad product forms and account coverage. F&C Licorice supports customized powder, paste and block supply for food and nutraceutical users.
• Asian Botanical Processors: Shaanxi Jiahe Phytochemicals and Zhejiang Kangling compete through plant extract manufacturing. Hunan Huakang adds trade-show visibility and Asian raw material access.
• Middle East and Regional Suppliers: Zagros Licorice and Sepidan Osareh serve buyers needing paste and powder. Ransom Naturals adds specialty herbal extract supply.

Competitive Benchmarking: Licorice Extract Market

Company	Extract Form Range	Active-Content Control	Direct Ingredient Reach	Geographic Footprint
MAFCO Worldwide	High	Strong	Strong	Americas and global ingredient reach
Norevo GmbH	High	Strong	Strong	Europe centered with global ingredient buyers
F&C Licorice	High	Medium	Medium	Israel and export-oriented supply
Zagros Licorice	Medium	Medium	Medium	Middle East and export buyers
Shaanxi Jiahe Phytochemicals	Medium	Strong	Medium	China and global botanical extract buyers
Hunan Huakang	Medium	Medium	Medium	China with international trade show reach
Zhejiang Kangling	Medium	Medium	Low	China centered plant extract supply
Ransom Naturals	Medium	Medium	Medium	Natural ingredient channels
Sepidan Osareh	Medium	Medium	Low	Regional licorice extract supply
Aushadhi Herbal	Low	Medium	Low	India centered herbal ingredient demand

Source: Future Market Insights competitive analysis, 2026. Ratings reflect relative positioning based on extract form range, active-content control and direct ingredient reach.

Key Developments in Licorice Extract Market

• In August 2025, the European Medicines Agency published draft revision documents for Liquiritiae radix.
• In January 2026, Norevo’s confectionery brochure listed licorice extract in granules, powder, low-dust powder, paste and blocks.

Key Players in the Licorice Extract Market

Major Global Players:

• MAFCO Worldwide LLC
• Norevo GmbH
• F&C Licorice
• Zagros Licorice
• Ransom Naturals

Specialist and Regional Players:

• Shaanxi Jiahe Phytochemicals
• Zhejiang Kangling
• Hunan Huakang
• Sepidan Osareh
• Aushadhi Herbal
• Sichuan Union Herb
• VPL Chemicals

Report Scope and Coverage

Parameter	Details
Quantitative Units	USD 1.0 billion to USD 1.7 billion, at 5.4% CAGR
Market Definition	Extracts obtained from Glycyrrhiza roots and sold as food, pharmaceutical, nutraceutical or cosmetic ingredients
Product Type	Blocks solid extract, paste solid extract, powder solid extract, aqueous extract liquid
Application	Confectionery, respiratory formulations, nutraceutical and dietary supplements, cosmetics and personal care
Active Compound Profile	Low glycyrrhizin, medium glycyrrhizin, high glycyrrhizin, ultra high glycyrrhizin, glabridin enriched extract
End Use Industry	Food and beverage industry, pharmaceutical industry, nutraceutical industry, cosmetics and personal care industry
Form	Solid form, liquid form
Extraction Method	Solvent extraction, water-based extraction, supercritical fluid extraction, enzymatic extraction
Distribution Channel	Direct sales, indirect sales, online channels
Regions Covered	North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia and Pacific, Middle East and Africa
Countries Covered	United States, Germany, China, Australia, India, Brazil, Japan and 30+ countries
Key Companies Profiled	MAFCO Worldwide LLC, Norevo GmbH, F&C Licorice, Zagros Licorice, Shaanxi Jiahe Phytochemicals, Hunan Huakang
Forecast Period	2026 to 2036
Approach	Supplied values, HS 130212 trade checks, segment share estimates and supplier product evidence

Source: Future Market Insights, 2026.

Licorice Extract Market Breakdown by Product Type, Application, Active Compound Profile, End Use Industry, Form, Extraction Method, Distribution Channel and Region

Licorice Extract Market Segmented by Product Type:

• Blocks Solid Extract
• Paste Solid Extract
• Powder Solid Extract
• Aqueous Extract Liquid

Licorice Extract Market Segmented by Application:

• Confectionery
• Respiratory Formulations
• Nutraceutical and Dietary Supplements
• Cosmetics and Personal Care

Licorice Extract Market Segmented by Active Compound Profile:

• Low Glycyrrhizin Below 10 Percent
• Medium Glycyrrhizin 10 to 30 Percent
• High Glycyrrhizin 30 to 60 Percent
• Ultra High Glycyrrhizin Above 60 Percent
• Flavonoid Glabridin Enriched Extract

Licorice Extract Market Segmented by End Use Industry:

• Food and Beverage Industry
• Pharmaceutical Industry
• Nutraceutical Industry
• Cosmetics and Personal Care Industry

Licorice Extract Market Segmented by Form:

• Solid Form
• Liquid Form

Licorice Extract Market Segmented by Extraction Method:

• Solvent Extraction
• Water Based Extraction
• Supercritical Fluid Extraction
• Enzymatic Extraction

Licorice Extract Market Segmented by Distribution Channel:

• Direct Sales
• Indirect Sales
• Online Channels

Licorice Extract Market by Region:

• North America
  • United States
  • Canada
  • Mexico
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America
• Western Europe
  • Norway
  • United Kingdom
  • Germany
  • France
  • BENELUX
  • Rest of Western Europe
• Eastern Europe
  • Poland
  • Romania
  • Rest of Eastern Europe
• East Asia
  • China
  • Japan
  • South Korea
• South Asia and Pacific
  • India
  • ASEAN
  • Australia and New Zealand
  • Rest of South Asia and Pacific
• Middle East and Africa
  • Saudi Arabia
  • United Arab Emirates
  • Oman
  • Kuwait
  • South Africa
  • Rest of Middle East and Africa

Research Sources and Bibliography

• Electronic Code of Federal Regulations. (2026, May 11). 21 CFR § 184.1408: Licorice and licorice derivatives.
• USA Food and Drug Administration. (2026). Licorice (Glycyrrhiza spp.). Substances Added to Food.
• European Medicines Agency. (2025, August 1). Liquiritiae radix: Herbal medicinal product.
• World Bank, World Integrated Trade Solution (WITS). (2024). Liquorice sap and extract imports by country in 2024.
• Norevo GmbH. (2026, January). Confectionery performers for gums & jellies [Brochure].
• Hunan Huakang Biotech Inc. (2025, September 26). Exhibition sharing: Vitafoods Asia 2025.
• Health Canada. (2025, January 31). Deglycyrrhizinated licorice: Oral. Natural Health Products Ingredients Database.
• Nutraceuticals Group. (2025, April 7). Liquorice (Licorice) Root Extract 22% Glycyrrhizic Acid: Product master specification [Specification sheet].
• National Center for Complementary and Integrative Health. (2025, April). Licorice root: Usefulness and safety. USA Department of Health and Human Services.
• Raj, J. P., Saxena, U., Belhekar, M. N., Mamde, A., Darak, H., & Pawar, S. (2025). Efficacy and safety of GutGard® in managing gastroesophageal reflux-related symptoms: A phase III, single-centre, double-blind, randomized placebo-controlled trial. Complementary Medicine Research, 32(1), 26-36.
• Semenescu, I., Avram, S., Similie, D., Minda, D., Diaconeasa, Z., Muntean, D., Lazar, A. E., Gurgus, D., & Danciu, C. (2024). Phytochemical, antioxidant, antimicrobial and safety profile of Glycyrrhiza glabra L. extract obtained from Romania. Plants, 13(23), 3265.

Bibliography uses government sources, official company evidence and non-commercial trade data relevant to licorice extract demand signals.

This Report Answers

• What is the current and future size of the licorice extract market?
• How fast is the licorice extract market expected to expand between 2026 and 2036?
• Which form is expected to account for the leading licorice extract share in 2026?
• Which distribution channel is projected to account for the leading licorice extract share in 2026?
• Why are medium glycyrrhizin grades important for licorice extract demand?
• How does solvent extraction support licorice extract adoption?
• Which countries are projected to record faster expansion during the forecast period?
• Who are the main companies active in licorice extract supply?
• How does FMI define the licorice extract market scope?
• How does FMI estimate and validate the licorice extract forecast?