The USA Licorice Extract Market is expected to reach USD 49.9 million in 2025 and is projected to experience a steady year-over-year growth of 4.9%, reaching a total value of USD 80.5 million by 2035. This represents a compound annual growth rate (CAGR) of 4.9% during the forecast period from 2025 to 2035.
| Attributes | Values |
|---|---|
| Estimated USA Industry Size (2025) | USD 49.9 million |
| Projected USA Industry Value (2035) | USD 80.5 million |
| Value-based CAGR (2025 to 2035) | 4.9% |
Near-universal market expansion occurs through increasing demand for natural ingredients and functional additives as well as the rising understanding of licorice nutritional advantages. Widening acceptance of licorice extract shows up in food and beverage alongside pharmaceutical and nutraceutical fields thanks to its anti-inflammatory properties and antioxidant abilities and antimicrobial effects.
It is research that states that the use of skin medications and the digestive system treatment products is being fully accepted in today's health care products that are sticker full weight.
The United States is the market where the most phenomenally successful innovative development of licorice-based products has been reached. They are designed for specific health & conditions, such as being more effective and active while laying the groundwork for good health measures and energy.
Consumers' use of natural drugs will enable the prescription of licorice extract for eating, drinking, and applying beauty products. The additional possibility to use licorice extract in various market sectors will lead to the long-term growth of the market.
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The USA licorice extract market exhibited steady CAGR growth patterns as shown in the chart below during consecutive years. The analysis demonstrates how the market successfully adjusts to shifting consumer preferences together with evolving technology.
H1 signifies period from January to June, H2 Signifies period from July to December
Growth rates shift twice a year as consumers in the USA discover new benefits of licorice extract for enhancing their brain health and increasing their energy levels. The steady market trend shows that manufacturers need to create extended product lines and streamline their distribution network as demand from consumer’s increases.
| Date | Development/M&A Activity & Details |
|---|---|
| Feb-24 | Sichuan Union Herb introduced a new licorice extract product, claiming it to be superior to competitors, aiming to capture a larger market share in the USA. |
| Mar-2024 | BioMatrix International announced a strategic partnership with local suppliers to enhance the sourcing of high-quality licorice roots, addressing supply chain challenges. |
| Apr-2024 | NOW Foods expanded its product line to include licorice extract supplements, targeting the growing health-conscious consumer segment. |
| May-2024 | The FDA issued new guidelines regarding the use of licorice extract in food products, which may impact market dynamics and product formulations. |
| June-2024 | PharmaChoice announced a significant investment in research and development to explore the health benefits of licorice extract, particularly in the nutraceutical sector. |
Growing Demand for Licorice Extract in Energy-Boosting Applications
Competing energy-boosting applications now heavily drive market demand because of licorice extract. Many consumers prefer natural energetic enhancers above synthetic stimulants, which leads them to choose licorice extract as their preferred option. The sustainable appeal of licorice extract stems from its ability to help human bodies function under stress while fighting fatigue.
There are different forms of licorice extract including tablets, powders, and drinks, which are users can take on a daily basis to have the energy they need. Joining with endorsing active lives through endurance=enhancing substance and exploring the latest trend, it is a relatable reflection of the consumers forcing interest in functional meals.
Expanding Use of Licorice Extract in Brain Health Products
Licorice extract continues to gain importance in the brain health market because the ingredient protects cognitive function while enhancing mental clarity, thus drawing manufacturers of dietary supplements and functional foods toward this segment. Market data shows that the natural neuroprotecting and anti-inflammatory qualities of licorice drive customers to adopt this extract.
The market now demands licorice-based products to enhance cognitive health, which manufacturers produce specifically for students , professionals, and elderly populations. Licorice extract adjusts to address current health demands because of its focus on brain well-being.
% share of Individual categories by Product Type and Applications in 2025
Pharmaceutical Demand Drives Growth in USA Licorice Extract Market
The pharmaceutical industry leads the USA licorice extract market by controlling 45% of the overall share. Licorice extract has gained prominence in therapeutic applications because it demonstrates three therapeutic effects through its anti-inflammatory actions and its ability to fight viruses while offering antioxidant protection. The extract finds widespread application in pharmaceutical products developed for respiratory conditions as well as for digestive issues and skin treatments.
Natural remedies and herbal supplements popularity drive pharmaceuticals to use more licorice extract. The rising demand among consumers for alternative medical treatments pushes manufacturers to create new licorice-based products for therapeutic benefits, which drives the substance's enduring use in this industry.
Powdered Licorice Extract: Dominating the USA Market Landscape
The United States market attributes 70% of its licorice extract demand to powdered forms. The widespread appeal of powdered licorice extract stems from its flexible application in food products, beverages, and pharmaceuticals because of its ease of incorporation. Free-flowing licorice extract as a powder enables both accurate dosing measurements and maintains product stability during extended storage time.
The increasing focus among consumers on clean-label products has created a growing need for powdered extracts due to their natural marketing appeal. Manufacturers use advanced extraction processes to boost both the final quality and effectiveness of powdery licorice extracts while meeting emerging consumer market demands.
Note: above chart is indicative in nature
America's licorice extract market features collaborations between dominant firms along with young brands that keep pushing industry growth forwards. To stay competitive, leading manufacturers incorporate advanced extraction technologies alongside strong distribution capabilities with deep R&D capabilities. High-quality standardized extract production by these manufacturers creates consumer trust, which results in industry loyalty.
Companies specializing in particular applications, including brain health, together with immune support, function effectively by satisfying unique market requirements. As a differentiation strategy, these companies combine organic approvals with clean formulations alongside unique delivery methods that can include gummies and extracts in liquid form.
The market becomes more diverse because traditional and ethnic preferences receive focused attention from localized businesses in various sizes. The market expansion team benefits from their speed to handle local trends, which helps them succeed in larger market segments.
The market sustainability and growth of licorice extract occur due to the secure equilibrium maintained by global manufacturers with their regional counterparts alongside independent local producers.
By 2025, the USA Licorice Extract Market is expected to grow at a CAGR of 4.9%.
By 2035, the sales value of the USA Licorice Extract industry is expected to reach USD 80.5 million.
Key drivers include rising demand for natural health supplements, energy boosters, and skin health products.
Top manufacturers include AIDP Inc., Naturex (Givaudan), Glycyrrhizinate USA, and Ingredion Incorporated.
By application, the industry has been categorized into Pharmaceutical, Food and Beverage, and others.
By product type, the industry has been categorized into Liquid and Powder.
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USA Licorice Extract Market
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