Licorice Extract Market Manufacturing Cost Structure 2021 | Covid-19 Impact Analysis by Sales Revenue, Future Demands, Growth Factors and Drivers, Emerging Trends, Competitive Landscape and Forecast to 2026

(The Express Wire via Comtex)

"Final Report will add the analysis of the impact of COVID-19 on this industry."

Global “Licorice Extract Market” Research Report 2021-2026 is a historical overview and in-depth study on the current and future market of the Licorice Extract industry. The report represents a basic overview of the Licorice Extract market share, competitor segment with a basic introduction of key players, top regions with major country's data, product types, and end industries. This report gives a historical and current overview of the Licorice Extract market trends, growth, revenue generated, gross margins, ex-factory price, capacity, cost structure, and key driver's analysis. Further, The report comprises various segments also an analysis of the trends and factors that are playing a considerable role within the market. These factors the market dynamics involves the drivers, restraints, opportunities, and challenges through which the impact of those factors within the market are outlined.

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Licorice extract comes from the licorice plant. The root of the plant is primarily used in preparing the extract, and the hard woody plant is pulped then boiled to further extract and refine the contents.
Licorice extract is a natural ingredient often found in both food and herbal medicine supplements. While the full medicinal effectiveness of licorice has not been completely tested, some benefits have been proven and others have enough support to warrant its inclusion in a number of supplements. Often found in teas and used in a number of different products as a flavoring ingredient, licorice extract can provide help in treating stomach issues such as heartburn, but does have some noteworthy side effects that should be considered.
Licorice extract industry has low technology barrier and is dispersive relatively. Currently, there are many producing companies in the world licorice extract industry. The main market players are Magnasweet, ASEH, Zagros Licorice, Sepidan Osareh and FandC Licorice. The global production of licorice extract will increase to 44595 MT in 2017 from 37213 MT in 2012 with average growth rate of 3.69%. Global licorice extract capacity utilization rate remained at around 75.24% in 2016.

Licorice extract has three types, which include pharmaceutical grade, food grade and feed grade. And each type has application industries relatively. With pharmaceutical value and sweetening effect of licorice extract, the downstream application industries will need more licorice extract products. So, licorice extract has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce high purity and good performance licorice extract through improving technology.

The major raw materials for licorice extract are licorice and other auxiliary chemicals. Fluctuations in the price of the upstream product will impact on the production cost of licorice extract. The production cost of licorice extract is also an important factor which could impact the price of licorice extract. The licorice extract manufacturers are trying to reduce production cost by developing production method.

We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. And the price presents decreasing trend according to the economy development status and international competition. Also, there is fluctuation in gross margin.

Market Analysis and Insights: Global Licorice Extract Market
The global Licorice Extract market size is projected to reach USD 847.1 million by 2026, from USD 862.5 million in 2020, at a CAGR of -0.3% during 2021-2026.

The major players in the Licorice Extract Market include:

● Magnasweet
● ASEH
● Zagros Licorice
● Sepidan Osareh
● FandC Licorice
● Norevo GmbH
● Ransom Naturals
● Maruzen Pharmaceuticals
● MCFS
● Aushadhi Herbal
● Avestia Pharma
● VPL Chemicals
● Zelang
● Changyue
● Bokai

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The major regions covered in the report are North America, Europe, Asia-Pacific, South America, Middle East and Africa, etc. The report has specifically covered major countries including U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. It includes revenue and volume analysis of each region and their respective countries for the forecast years. It also contains country-wise volume and revenue from the year 2015 to 2020. Additionally, it provides the reader with accurate data on volume sales according to the consumption for the same years.

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into:

● Pharmaceutical Grade
● Food Grade
● Feed Grade

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On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including:

● Pharmaceutical Industry
● Food Industry
● Cosmetic Industry
● Others

Some of the key questions answered in this report:

● What will the market growth rate, growth momentum or acceleration market carries during the forecast period?
● Which are the key factors driving the Licorice Extract market?
● What was the size of the emerging Licorice Extract market by value in 2019?
● What will be the size of the emerging Licorice Extract market in 2026?
● Which region is expected to hold the highest market share in the Licorice Extract market?
● What trends, challenges and barriers will impact the development and sizing of the Global Licorice Extract market?
● What are sales volume, revenue, and price analysis of top manufacturers of Licorice Extract market?
● What are the Licorice Extract market opportunities and threats faced by the vendors in the global Licorice Extract Industry?

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Global Licorice Extract Market provides information such as company profiles, product picture, and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and instrumentation and downstream demand analysis is additionally dispensed. The Global Licorice Extract market development trends and marketing channels are analyzed. Finally, the feasibility of the latest investment projects is assessed and overall analysis conclusions are offered.

Years considered for this report:

● Historical Years: 2015-2019
● Base Year: 2019
● Estimated Year: 2020
● Licorice Extract Market Forecast Period: 2020-2026

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With tables and figures helping analyze worldwide Global Licorice Extract market trends, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

Some Points from TOC:

1 Study Coverage
1.1 Licorice Extract Product Introduction
1.2 Market Segments
1.3 Key Licorice Extract Manufacturers Covered: Ranking by Revenue
1.4 Market by Type
1.4.1 Global Licorice Extract Market Size Growth Rate by Type
1.4.2 Type 1
1.4.3 Type 2
1.4.4 Type 3
1.4.5 Others
1.5 Market by Application
1.5.1 Global Licorice Extract Market Size Growth Rate by Application
1.5.2 Application 1
1.5.3 Application 2
1.5.4 Application 3
1.5.5 Others
­1.6 Study Objectives
1.7 Years Considered

2 Executive Summary
2.1 Global Licorice Extract Market Size, Estimates and Forecasts
2.1.1 Global Licorice Extract Revenue 2015-2026
2.1.2 Global Licorice Extract Sales 2015-2026
2.2 Global Licorice Extract, Market Size by Producing Regions: 2015 VS 2020 VS 2026
2.2.1 Global Licorice Extract Retrospective Market Scenario in Sales by Region: 2015-2020
2.2.2 Global Licorice Extract Retrospective Market Scenario in Revenue by Region: 2015-2020

3 Global Licorice Extract Competitor Landscape by Players
3.1 Licorice Extract Sales by Manufacturers
3.2 Licorice Extract Revenue by Manufacturers
3.3 Licorice Extract Price by Manufacturers
3.4 Licorice Extract Manufacturing Base Distribution, Product Types
3.5 Manufacturers Mergers and Acquisitions, Expansion Plans

4 Market Size by Type (2015-2026)
4.1 Global Licorice Extract Market Size by Type (2015-2020)
4.2 Global Licorice Extract Market Size Forecast by Type (2021-2026)
4.3 Global Licorice Extract Market Share by Price Tier (2015-2020): Low-End, Mid-Range and High-End

5 Market Size by Application (2015-2026)
5.1 Global Licorice Extract Market Size by Application (2015-2020)
5.2 Licorice Extract Market Size Forecast by Application (2021-2026)

6 North America
6.1 North America Licorice Extract by Country
6.1.1 North America Licorice Extract Sales by Country
6.1.2 North America Licorice Extract Revenue by Country
6.1.3 U.S.
6.1.4 Canada
6.2 North America Licorice Extract Market Facts and Figures by Type
6.3 North America Licorice Extract Market Facts and Figures by Application

7 Europe
7.1 Europe Licorice Extract by Country
7.1.1 Europe Licorice Extract Sales by Country
7.1.2 Europe Licorice Extract Revenue by Country
7.1.3 Germany
7.1.4 France
7.1.5 U.K.
7.1.6 Italy
7.1.7 Russia
7.2 Europe Licorice Extract Market Facts and Figures by Type
7.3 Europe Licorice Extract Market Facts and Figures by Application

8 Asia Pacific
……………………………………………….

11 Company Profiles
11.1 Company Profiles 1
11.1.1 Company Profiles 1 Corporation Information
11.1.2 Company Profiles 1 Description and Business Overview
11.1.3 Company Profiles 1 Sales, Revenue and Gross Margin (2015-2020)
11.1.4 Company Profiles 1 Licorice Extract Products Offered
11.1.5 Company Profiles 1 Related Developments

11.2 Company Profiles 2
11.2.1 Company Profiles 2 Corporation Information
11.2.2 Company Profiles 2 Description and Business Overview
11.2.3 Company Profiles 2 Sales, Revenue and Gross Margin (2015-2020)
11.2.4 Company Profiles 2 Licorice Extract Products Offered
11.2.5 Company Profiles 2 Related Developments

11.3 Company Profiles 3
11.3.1 Company Profiles 3 Corporation Information
11.3.2 Company Profiles 3 Description and Business Overview
11.3.3 Company Profiles 3 Sales, Revenue and Gross Margin (2015-2020)
11.3.4 Company Profiles 3 Licorice Extract Products Offered
11.3.5 Company Profiles 3 Related Developments

11.4 Company Profiles 4
11.4.1 Company Profiles 4 Corporation Information
11.4.2 Company Profiles 4 Description and Business Overview
11.4.3 Company Profiles 4 Sales, Revenue and Gross Margin (2015-2020)
11.4.4 Company Profiles 4 Licorice Extract Products Offered
11.4.5 Company Profiles 4 Related Developments

11.5 Company Profiles 5
11.5.1 Company Profiles 5 Corporation Information
11.5.2 Company Profiles 5 Description and Business Overview
11.5.3 Company Profiles 5 Sales, Revenue and Gross Margin (2015-2020)
11.5.4 Company Profiles 5 Licorice Extract Products Offered
11.5.5 Company Profiles 5 Related Developments
………………………………………………………………………….
13 Market Opportunities, Challenges, Risks and Influences Factors Analysis
13.1 Market Opportunities and Drivers
13.2 Market Challenges
13.3 Market Risks/Restraints
13.4 Porter's Five Forces Analysis
13.5 Primary Interviews with Key Licorice Extract Players (Opinion Leaders)

14 Value Chain and Sales Channels Analysis
14.1 Value Chain Analysis
14.2 Licorice Extract Customers
14.3 Sales Channels Analysis
14.3.1 Sales Channels
14.3.2 Distributors

15 Research Findings and Conclusion
Continued…………………………………….

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