Chemical Research

  Licorice Extract Market: Definition:  Licorice extract is derived from the roots of the licorice plant, Glycyrrhiza glabra, and is known for its sweet flavor and various medicinal properties. The extract is widely used in the food and beverage industry, pharmaceuticals, and cosmetics due to its natural sweetness and potential health benefits. Licorice extract contains glycyrrhizin, which imparts the characteristic sweet taste and is believed to have anti-inflammatory and antioxidant properties. Market Overview & Scope:  The  licorice extract market  has witnessed substantial growth in recent years, driven by increasing consumer awareness of natural ingredients and their health benefits. The demand for licorice extract is prominent in the confectionery and beverage industries, where it serves as a natural sweetener and flavor enhancer. Additionally, the pharmaceutical and cosmetic sectors utilize licorice extract for its potential medicinal and skincare pro...

    Licorice Extract Market Definition Licorice extract is a natural sweetener and flavoring agent made from the root of the licorice plant.  It has a characteristic sweet and bitter taste,  and is used in a wide variety of food and beverage products,  including confectionery,  candy,  chewing gum,  and soft drinks.  Licorice extract is also used in some pharmaceutical and personal care products. Market Overview & Scope The global  licorice extract market  is expected to reach USD 3. 26 billion by 2032,  growing at a CAGR of 5. 1% from 2023 to 2030.  The market is driven by a number of factors,  including: Rising consumer demand for natural sweeteners and flavors. Increasing use of licorice extract in food and beverage products. Growing awareness of the health benefits of licorice extract. Expansion of the licorice extract market into new emerging markets. Market Growth The licorice extract market is expected...