Market Share of Licorice Extract Industry
The licorice market is a growing market with increased demand from developed markets. Companies are devising numerous product-level strategies to scale up their businesses. Among them, increasing the effectiveness of extraction technology remains a coveted strategy in the licorice extract market. Major players in the market are located in Asia-Pacific and European countries. Some of the major players in the market are Norevo GmbH, and FC Licorice, among others. With the growing applications in the cosmetics and pharmaceutical industries, players are developing products specific to these markets.
Licorice Extracts Market Leaders
-
Norevo GmbH
-
FC Licorice
-
MAFCO Worldwide LLC
-
Sepidan Osareh Jonoob Co.
-
Zagros Licorice Co.
*Disclaimer: Major Players sorted in no particular order