Liquorice is a plant with a sweet root that is commonly used to make candy and flavourings. It has a distinct flavor that is often described as sweet, slightly bitter, and reminiscent of anise or fennel. Liquorice is also used in traditional medicine for its potential health benefits, such as soothing sore throats and aiding digestion. It is a popular ingredient in candies, teas, and herbal remedies. This report focuses on the licorice candy market. Licorice candy is a type of confectionery that is flavoured with licorice extract. It can come in various forms, such as twists, ropes, bites, or even coated in chocolate. Licorice candy has a distinct sweet and slightly salty flavor that is loved by many people. It is often enjoyed as a treat or snack and can be found in many candy stores and supermarkets.
The global Liquorice market size was valued at US$ 1540 million in 2023 and is forecast to a readjusted size of USD 2087 million by 2030 with a CAGR of 4.6% during review period.
Global key players of Liquorice include Hershey, Haribo, Tootsie, Red Vines, etc. The top four players hold a share over 40%. Europe is the largest market, with a share about 53%, followed by North America, with a share of 35%. In terms of product type, Fruit Flavored Candy is the largest segment, occupied for a share of 59%.
This report is a detailed and comprehensive analysis for global Liquorice market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Channel. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Liquorice market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2019-2030
Global Liquorice market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2019-2030
Global Liquorice market size and forecasts, by Type and by Channel, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2019-2030
Global Liquorice market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Liquorice
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Liquorice market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Hershey, Haribo, Tootsie, Red Vines, Darrell Lea, Fini Company, Klene (Perfetti Van Melle Benelux BV), Lakrids, Kenny’s Candy, Halva, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Liquorice market is split by Type and by Channel. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Channel in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Original Black Licorice
Fruit Flavored Candy
Market segment by Channel
Supermarket
Online Sales
Convenient Store
Major players covered
Hershey
Haribo
Tootsie
Red Vines
Darrell Lea
Fini Company
Klene (Perfetti Van Melle Benelux BV)
Lakrids
Kenny’s Candy
Halva
¸é´³â€™S
Venco
Switzer’s Authentic Candy
Gimbals Fine Candies
Panda
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Liquorice product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Liquorice, with price, sales quantity, revenue, and global market share of Liquorice from 2019 to 2024.
Chapter 3, the Liquorice competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Liquorice breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Channel, with sales market share and growth rate by Type, by Channel, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Liquorice market forecast, by regions, by Type, and by Channel, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Liquorice.
Chapter 14 and 15, to describe Liquorice sales channel, distributors, customers, research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Market Overview
1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Liquorice Consumption Value by Type: 2019 Versus 2023 Versus 2030
1.3.2 Original Black Licorice
1.3.3 Fruit Flavored Candy
1.4 Market Analysis by Channel
1.4.1 Overview: Global Liquorice Consumption Value by Channel: 2019 Versus 2023 Versus 2030
1.4.2 Supermarket
1.4.3 Online Sales
1.4.4 Convenient Store
1.5 Global Liquorice Market Size & Forecast
1.5.1 Global Liquorice Consumption Value (2019 & 2023 & 2030)
1.5.2 Global Liquorice Sales Quantity (2019-2030)
1.5.3 Global Liquorice Average Price (2019-2030)
2 Manufacturers Profiles
2.1 Hershey
2.1.1 Hershey Details
2.1.2 Hershey Major Business
2.1.3 Hershey Liquorice Product and Services
2.1.4 Hershey Liquorice Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.1.5 Hershey Recent Developments/Updates
2.2 Haribo
2.2.1 Haribo Details
2.2.2 Haribo Major Business
2.2.3 Haribo Liquorice Product and Services
2.2.4 Haribo Liquorice Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.2.5 Haribo Recent Developments/Updates
2.3 Tootsie
2.3.1 Tootsie Details
2.3.2 Tootsie Major Business
2.3.3 Tootsie Liquorice Product and Services
2.3.4 Tootsie Liquorice Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.3.5 Tootsie Recent Developments/Updates
2.4 Red Vines
2.4.1 Red Vines Details
2.4.2 Red Vines Major Business
2.4.3 Red Vines Liquorice Product and Services
2.4.4 Red Vines Liquorice Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.4.5 Red Vines Recent Developments/Updates
2.5 Darrell Lea
2.5.1 Darrell Lea Details
2.5.2 Darrell Lea Major Business
2.5.3 Darrell Lea Liquorice Product and Services
2.5.4 Darrell Lea Liquorice Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.5.5 Darrell Lea Recent Developments/Updates
2.6 Fini Company
2.6.1 Fini Company Details
2.6.2 Fini Company Major Business
2.6.3 Fini Company Liquorice Product and Services
2.6.4 Fini Company Liquorice Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.6.5 Fini Company Recent Developments/Updates
2.7 Klene (Perfetti Van Melle Benelux BV)
2.7.1 Klene (Perfetti Van Melle Benelux BV) Details
2.7.2 Klene (Perfetti Van Melle Benelux BV) Major Business
2.7.3 Klene (Perfetti Van Melle Benelux BV) Liquorice Product and Services
2.7.4 Klene (Perfetti Van Melle Benelux BV) Liquorice Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.7.5 Klene (Perfetti Van Melle Benelux BV) Recent Developments/Updates
2.8 Lakrids
2.8.1 Lakrids Details
2.8.2 Lakrids Major Business
2.8.3 Lakrids Liquorice Product and Services
2.8.4 Lakrids Liquorice Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.8.5 Lakrids Recent Developments/Updates
2.9 Kenny’s Candy
2.9.1 Kenny’s Candy Details
2.9.2 Kenny’s Candy Major Business
2.9.3 Kenny’s Candy Liquorice Product and Services
2.9.4 Kenny’s Candy Liquorice Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.9.5 Kenny’s Candy Recent Developments/Updates
2.10 Halva
2.10.1 Halva Details
2.10.2 Halva Major Business
2.10.3 Halva Liquorice Product and Services
2.10.4 Halva Liquorice Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.10.5 Halva Recent Developments/Updates
2.11 ¸é´³â€™S
2.11.1 ¸é´³â€™S Details
2.11.2 ¸é´³â€™S Major Business
2.11.3 ¸é´³â€™S Liquorice Product and Services
2.11.4 ¸é´³â€™S Liquorice Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.11.5 ¸é´³â€™S Recent Developments/Updates
2.12 Venco
2.12.1 Venco Details
2.12.2 Venco Major Business
2.12.3 Venco Liquorice Product and Services
2.12.4 Venco Liquorice Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.12.5 Venco Recent Developments/Updates
2.13 Switzer’s Authentic Candy
2.13.1 Switzer’s Authentic Candy Details
2.13.2 Switzer’s Authentic Candy Major Business
2.13.3 Switzer’s Authentic Candy Liquorice Product and Services
2.13.4 Switzer’s Authentic Candy Liquorice Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.13.5 Switzer’s Authentic Candy Recent Developments/Updates
2.14 Gimbals Fine Candies
2.14.1 Gimbals Fine Candies Details
2.14.2 Gimbals Fine Candies Major Business
2.14.3 Gimbals Fine Candies Liquorice Product and Services
2.14.4 Gimbals Fine Candies Liquorice Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.14.5 Gimbals Fine Candies Recent Developments/Updates
2.15 Panda
2.15.1 Panda Details
2.15.2 Panda Major Business
2.15.3 Panda Liquorice Product and Services
2.15.4 Panda Liquorice Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.15.5 Panda Recent Developments/Updates
3 Competitive Environment: Liquorice by Manufacturer
3.1 Global Liquorice Sales Quantity by Manufacturer (2019-2024)
3.2 Global Liquorice Revenue by Manufacturer (2019-2024)
3.3 Global Liquorice Average Price by Manufacturer (2019-2024)
3.4 Market Share Analysis (2023)
3.4.1 Producer Shipments of Liquorice by Manufacturer Revenue ($MM) and Market Share (%): 2023
3.4.2 Top 3 Liquorice Manufacturer Market Share in 2023
3.4.3 Top 6 Liquorice Manufacturer Market Share in 2023
3.5 Liquorice Market: Overall Company Footprint Analysis
3.5.1 Liquorice Market: Region Footprint
3.5.2 Liquorice Market: Company Product Type Footprint
3.5.3 Liquorice Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Liquorice Market Size by Region
4.1.1 Global Liquorice Sales Quantity by Region (2019-2030)
4.1.2 Global Liquorice Consumption Value by Region (2019-2030)
4.1.3 Global Liquorice Average Price by Region (2019-2030)
4.2 North America Liquorice Consumption Value (2019-2030)
4.3 Europe Liquorice Consumption Value (2019-2030)
4.4 Asia-Pacific Liquorice Consumption Value (2019-2030)
4.5 South America Liquorice Consumption Value (2019-2030)
4.6 Middle East & Africa Liquorice Consumption Value (2019-2030)
5 Market Segment by Type
5.1 Global Liquorice Sales Quantity by Type (2019-2030)
5.2 Global Liquorice Consumption Value by Type (2019-2030)
5.3 Global Liquorice Average Price by Type (2019-2030)
6 Market Segment by Channel
6.1 Global Liquorice Sales Quantity by Channel (2019-2030)
6.2 Global Liquorice Consumption Value by Channel (2019-2030)
6.3 Global Liquorice Average Price by Channel (2019-2030)
7 North America
7.1 North America Liquorice Sales Quantity by Type (2019-2030)
7.2 North America Liquorice Sales Quantity by Channel (2019-2030)
7.3 North America Liquorice Market Size by Country
7.3.1 North America Liquorice Sales Quantity by Country (2019-2030)
7.3.2 North America Liquorice Consumption Value by Country (2019-2030)
7.3.3 United States Market Size and Forecast (2019-2030)
7.3.4 Canada Market Size and Forecast (2019-2030)
7.3.5 Mexico Market Size and Forecast (2019-2030)
8 Europe
8.1 Europe Liquorice Sales Quantity by Type (2019-2030)
8.2 Europe Liquorice Sales Quantity by Channel (2019-2030)
8.3 Europe Liquorice Market Size by Country
8.3.1 Europe Liquorice Sales Quantity by Country (2019-2030)
8.3.2 Europe Liquorice Consumption Value by Country (2019-2030)
8.3.3 Germany Market Size and Forecast (2019-2030)
8.3.4 France Market Size and Forecast (2019-2030)
8.3.5 United Kingdom Market Size and Forecast (2019-2030)
8.3.6 Russia Market Size and Forecast (2019-2030)
8.3.7 Italy Market Size and Forecast (2019-2030)
9 Asia-Pacific
9.1 Asia-Pacific Liquorice Sales Quantity by Type (2019-2030)
9.2 Asia-Pacific Liquorice Sales Quantity by Channel (2019-2030)
9.3 Asia-Pacific Liquorice Market Size by Region
9.3.1 Asia-Pacific Liquorice Sales Quantity by Region (2019-2030)
9.3.2 Asia-Pacific Liquorice Consumption Value by Region (2019-2030)
9.3.3 China Market Size and Forecast (2019-2030)
9.3.4 Japan Market Size and Forecast (2019-2030)
9.3.5 South Korea Market Size and Forecast (2019-2030)
9.3.6 India Market Size and Forecast (2019-2030)
9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
9.3.8 Australia Market Size and Forecast (2019-2030)
10 South America
10.1 South America Liquorice Sales Quantity by Type (2019-2030)
10.2 South America Liquorice Sales Quantity by Channel (2019-2030)
10.3 South America Liquorice Market Size by Country
10.3.1 South America Liquorice Sales Quantity by Country (2019-2030)
10.3.2 South America Liquorice Consumption Value by Country (2019-2030)
10.3.3 Brazil Market Size and Forecast (2019-2030)
10.3.4 Argentina Market Size and Forecast (2019-2030)
11 Middle East & Africa
11.1 Middle East & Africa Liquorice Sales Quantity by Type (2019-2030)
11.2 Middle East & Africa Liquorice Sales Quantity by Channel (2019-2030)
11.3 Middle East & Africa Liquorice Market Size by Country
11.3.1 Middle East & Africa Liquorice Sales Quantity by Country (2019-2030)
11.3.2 Middle East & Africa Liquorice Consumption Value by Country (2019-2030)
11.3.3 Turkey Market Size and Forecast (2019-2030)
11.3.4 Egypt Market Size and Forecast (2019-2030)
11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
11.3.6 South Africa Market Size and Forecast (2019-2030)
12 Market Dynamics
12.1 Liquorice Market Drivers
12.2 Liquorice Market Restraints
12.3 Liquorice Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
13.1 Raw Material of Liquorice and Key Manufacturers
13.2 Manufacturing Costs Percentage of Liquorice
13.3 Liquorice Production Process
13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Liquorice Typical Distributors
14.3 Liquorice Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
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