Global Licorice Root Market Trends

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Global Licorice Root Market Size, Share, and Trends Analysis Report Trends

  • Food & Beverage
  • Jun 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Rising Demand for Natural and Sustainable Ingredients

  • A key trend shaping the global licorice root market is the increasing preference for natural, plant-based ingredients, driven by rising health awareness, clean-label trends, and demand for sustainable sourcing
  • Licorice Root, known for its medicinal, cosmetic, and food applications, is gaining traction as consumers and industries shift toward herbal and chemical-free alternatives
    • For instance, food and beverage manufacturers are increasingly incorporating licorice root extracts into products as a natural sweetener and flavor enhancer, especially in functional beverages and health supplements
  • In the pharmaceutical sector, demand for Licorice Root is rising due to its anti-inflammatory, antioxidant, and antiviral properties, aligning with the global surge in herbal medicine consumption
  • Additionally, the cosmetic industry is utilizing licorice root for skin brightening, anti-aging, and soothing formulations, responding to consumer demand for natural skincare solutions
  • This trend toward natural, sustainable, and multifunctional plant-based ingredients is expected to significantly strengthen the market outlook for licorice root across industries