Global licorice root market revenue growth expected to be driven by major revenue contribution from Asia Pacific market

Major factor driving growth of the global licorice root market is wide applicability of licorice root in various end-use industries such as food & beverage industry, tobacco industry, and pharmaceutical industry. In addition, growing demand from cosmetic industry is another factor expected to support growth of the global licorice root market.

The global licorice root market report has been segmented on the basis of product form, end-use industry, and region.

The product form segment in the global licorice root market is segmented on the basis of roots and extracts. The extracts segment is expected to contribute significant revenue share in the global market.

The end-use industry segment in the global licorice root market is segmented on the basis of food & beverage industry, tobacco industry, healthcare & pharmaceutical industry, and cosmetic industry. The healthcare & pharmaceutical industry segment is expected to contribute significant revenue share in the global market.

Request for the Sample Report Here: https://marketresearch.biz/report/licorice-root-market/request-sample/

On the basis of region, the global licorice root market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

The market in Asia Pacific is expected to dominate the global licorice root market and is expected to continue its dominance over the forecast period. The markets in North America and Europe are expected to contribute significant revenue shares to the global licorice root market. The market in Europe is expected to register fastest growth over the forecast period. The markets in Latin America and Middle East & Africa are expected to witness moderate growth over the forecast period.

Key players operating in the global licorice root market include Mafco Worldwide Corporation, NOREVO GmbH, Alfarid Corporation Limited, Maruzen Pharmaceuticals Co. Ltd., Beijing Gingko-Group Biological Technology Co. Ltd., Naturex SA, Hepner & Eschenbrenner GmbH & Co. KG, Fanavaran Tosee Sanat Gharb (FTS Co.), Green Agro Invest LLC, Zagros Licorice co., and Glycyrrhiza Glabra Co, Ltd.

 

About the Author

Michelle Boyd
Michelle does an outstanding job, related to the Health and Medicine background. Having experience of more than 8years, have been working before with other companies related to the same field, been an expert in resolving whatever queries are being approached by the team. She likes to enjoy each and every moment of life.

Be the first to comment on "Global licorice root market revenue growth expected to be driven by major revenue contribution from Asia Pacific market"

Leave a comment

Your email address will not be published.


*