, /PRNewswire/ -- The global liquorice market is estimated to grow by from 2024-2028, at a CAGR of 5.97%, according to Technavio. The growing demand for food and beverages with herbal ingredients, driven by the trend towards immunity-boosting properties of herbal extracts, is a key driver of market growth.
However, providing high-quality herbal products poses a challenge. Key market players include AOS Products Pvt. Ltd.
, Aushadhi Herbal, Avestia Pharma, Beijing Gingko Group, and others. Get a detailed analysis on regions, market segments, customer landscape, and companies- The global liquorice market has witnessed rising demand for herbal liquorice products due to their immunity-boosting properties. Liquorice root contains enzymes that stimulate the production of lymphocytes and macrophages, which are essential for the body's natural defense system.
In developed countries like the US, , and the UK, where health concerns are a priority, the consumption of herbal supplements is high. Obesity and inflammatory health conditions are prevalent in these regions, leading consumers to opt for functional foods and beverages that enhance immunity. These factors are projected to fuel the growth of the liquorice market in the forecast period.
The licorice market is experiencing significant growth due to the increasing recognition of its medicinal properties. With trends like stomach ulcers, skin disorders, and various digestive ailments, licorice extract has emerged as a popular natural .