Global Pharmaceutical Grade Licorice Extract Market Research Report 2025, Forecast to 2032

The global Pharmaceutical Grade Licorice Extract market size was estimated at USD 219.60 million in 2023 and is projected to reach USD 271.85 million by 2032, exhibiting a CAGR of 2.40% during the forecast period.

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North America Pharmaceutical Grade Licorice Extract market size was estimated at USD 59.60 million in 2023, at a CAGR of 2.06% during the forecast period of 2025 through 2032.

Standardized licorice extract meeting pharmaceutical purity standards for medicinal applications.

Respiratory medications lead with 40% share, digestive health growing at 7.8%. Standardized extracts command 35% premium. Asia Pacific leads with 45% share due to traditional medicine.

Report Overview

Pharmaceutical Grade Licorice Extract is a concentrated form of licorice root extract that meets high-quality standards and purity requirements suitable for pharmaceutical and medicinal applications. Licorice (Glycyrrhiza glabra) is a plant known for its sweet-tasting roots, which contain bioactive compounds that have been used for various therapeutic purposes. Pharmaceutical grade licorice extract is carefully processed to ensure it is free from contaminants and consistent in its composition.

This report provides a deep insight into the global Pharmaceutical Grade Licorice Extract market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Pharmaceutical Grade Licorice Extract Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Pharmaceutical Grade Licorice Extract market in any manner.

Global Pharmaceutical Grade Licorice Extract Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Magnasweet
Zagros Licorice
Sepidan Osareh
F&C Licorice
Norevo GmbH
Ransom Naturals
Maruzen Pharmaceuticals
Aushadhi Herbal
Avestia Pharma
VPL Chemicals

Market Segmentation (by Type)

Liquid
Solid

Market Segmentation (by Application)

Indigestion
Bronchitis
Liver and Adrenal

Geographic Segmentation

• North America (USA, Canada, Mexico)

• Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

• Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

• South America (Brazil, Argentina, Columbia, Rest of South America)

• The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

• Industry drivers, restraints, and opportunities covered in the study

• Neutral perspective on the market performance

• Recent industry trends and developments

• Competitive landscape & strategies of key players

• Potential & niche segments and regions exhibiting promising growth covered

• Historical, current, and projected market size, in terms of value

• In-depth analysis of the Pharmaceutical Grade Licorice Extract Market

• Overview of the regional outlook of the Pharmaceutical Grade Licorice Extract Market:

Key Reasons to Buy this Report:

• Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

• This enables you to anticipate market changes to remain ahead of your competitors

• You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

• The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

• Provision of market value data for each segment and sub-segment

• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

• The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

• Provides insight into the market through Value Chain

• Market dynamics scenario, along with growth opportunities of the market in the years to come

• 6-month post-sales analyst support

Customization of the Report

In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Pharmaceutical Grade Licorice Extract Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region from the consumer side and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 shares the main producing countries of Pharmaceutical Grade Licorice Extract, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region during the forecast period.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment during the forecast period.

Chapter 13 is the main points and conclusions of the report.

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Table of content

Table of Contents
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Pharmaceutical Grade Licorice Extract
1.2 Key Market Segments
1.2.1 Pharmaceutical Grade Licorice Extract Segment by Type
1.2.2 Pharmaceutical Grade Licorice Extract Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Pharmaceutical Grade Licorice Extract Market Overview
2.1 Global Market Overview
2.1.1 Global Pharmaceutical Grade Licorice Extract Market Size (M USD) Estimates and Forecasts (2019-2032)
2.1.2 Global Pharmaceutical Grade Licorice Extract Sales Estimates and Forecasts (2019-2032)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Pharmaceutical Grade Licorice Extract Market Competitive Landscape
3.1 Global Pharmaceutical Grade Licorice Extract Sales by Manufacturers (2019-2025)
3.2 Global Pharmaceutical Grade Licorice Extract Revenue Market Share by Manufacturers (2019-2025)
3.3 Pharmaceutical Grade Licorice Extract Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Pharmaceutical Grade Licorice Extract Average Price by Manufacturers (2019-2025)
3.5 Manufacturers Pharmaceutical Grade Licorice Extract Sales Sites, Area Served, Product Type
3.6 Pharmaceutical Grade Licorice Extract Market Competitive Situation and Trends
3.6.1 Pharmaceutical Grade Licorice Ext

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