Licorice Extract Market Outlook: Rising Consumer Preference for Plant-Based Products
The global Licorice Extract Market is witnessing steady expansion, driven by increasing demand from pharmaceutical, food and beverage, and cosmetic industries. The market size is expected to reach US$ 3.52 Billion by 2034 from US$ 2.22 Billion in 2025, registering a CAGR of 5.26% during the forecast period 2026–2034. This growth is primarily supported by the rising adoption of herbal and...
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