The article cited AMA's Global Licorice Extract Market Study explored substantial growth with CAGR of 6.2%. According the report, Dietary Supplements Share Huge Popularity is one of the primary growth factors for the market. Rising Prevalence of Diseases such as Diabetes, Inflation, Digestion Problems among Others is also expected to contribute significantly to the Licorice Extract market. Overall, Food and Beverages applications of Licorice Extract, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Norevo GmbH (Germany), Zagros Licorice Co. (Iran), F and C Licorice Ltd. (Israel), MAFCO Worldwide LLC (United States), VPL Chemicals Private Limited (India), Naturex SA (France), C.E. Roeper GmbH (Germany), Maruzen Pharmaceuticals Co., Ltd (Japan), Shaanxi Fujie Pharmaceutical Co, Ltd (China) and HB Natural Ingredients (United States) may see astonishing sales in this Market and certainly improve revenue growth.

The Distribution Channel, such as Direct, is boosting the Licorice Extract market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Form, such as Powder, is boosting the Licorice Extract market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Licorice Extract market identified that the demand is rising in many different parts of the world as "Cosmetics and Personal Care is a Rapidly Expanding Market due to Growing Consciousness about Appearance and Increasing Disposable Incomes". Furthermore, some recent industry insights like "In 2021, Mafco launched new category-specific, multi-tasking Magna-Brand products that find today's most challenging products. They have launched their latest multi-tasking Magna-Brand products that, by selective compounding, are some of the most productive and cost-effective for Taste Modulation." is constantly making the industry dynamic. One of the challenges that industry facing is "Large Consumption of Licorice extract is Associated with Several Serious Medical Problems such as Irregular Heart Rhythm which may Hamper the Growth Prospectus"

The report provides an in-depth analysis and forecast about the industry covering the following key features:

• Detailed Overview of Licorice Extract market will help deliver clients and businesses making strategies.
• Influencing factors that thriving demand and latest trend running in the market
• What is the market concentration? Is it fragmented or highly concentrated?
• What trends, challenges and barriers will impact the development and sizing of Licorice Extract market
• SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights.
• What growth momentum or downgrade market may carry during the forecast period?
• Which region may tap highest market share in coming era?
• What focused approach and constraints are holding the Licorice Extract market tight?
• Which application/end-user category or Product Type [Food Grade and Pharmaceutical Grade] may seek incremental growth prospects?
• What would be the market share of key countries like Germany, USA, France, China etc.?

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Licorice Extract market and other related sub-markets covered in the study.

o Key & emerging players in the Licorice Extract market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Licorice Extract market size is calculated using market estimation process, the Licorice Extract market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Licorice Extract market size has been validated using both top-down and bottom-up approaches.