Global Liquorice Market Growth 2025-2031

Publication ID:

LPI01251709

Publication Date:

January 20, 2025

Pages:

106

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Manufacturing (Chemicals) [2]

Chemicals [3]

Description:

The global Liquorice market size is predicted to grow from US$ 1512 million in 2025 to US$ 2017 million in 2031; it is expected to grow at a CAGR of 4.9% from 2025 to 2031.
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.
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%.
The 鈥淟iquorice Industry Forecast鈥� looks at past sales and reviews total world Liquorice sales in 2024, providing a comprehensive analysis by region and market sector of projected Liquorice sales for 2025 through 2031. With Liquorice sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Liquorice industry.
This Insight Report provides a comprehensive analysis of the global Liquorice landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Liquorice portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Liquorice market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Liquorice and breaks down the forecast by Type, by Channel, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Liquorice.
This report presents a comprehensive overview, market shares, and growth opportunities of Liquorice market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Original Black Licorice
Fruit Flavored Candy
Segmentation by Channel:
Supermarket
Online Sales
Convenient Store
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Hershey
Haribo
Tootsie
Red Vines
Darrell Lea
Fini Company
Klene (Perfetti Van Melle Benelux BV)
Lakrids
Kenny鈥檚 Candy
Halva
搁闯鈥橲
Venco
Switzer鈥檚 Authentic Candy
Gimbals Fine Candies
Panda
Key Questions Addressed in this Report
What is the 10-year outlook for the global Liquorice market?
What factors are driving Liquorice market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Liquorice market opportunities vary by end market size?
How does Liquorice break out by Type, by Channel?

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Liquorice Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Liquorice by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Liquorice by Country/Region, 2020, 2024 & 2031
2.2 Liquorice Segment by Type
2.2.1 Original Black Licorice
2.2.2 Fruit Flavored Candy
2.3 Liquorice Sales by Type
2.3.1 Global Liquorice Sales Market Share by Type (2020-2025)
2.3.2 Global Liquorice Revenue and Market Share by Type (2020-2025)
2.3.3 Global Liquorice Sale Price by Type (2020-2025)
2.4 Liquorice Segment by Channel
2.4.1 Supermarket
2.4.2 Online Sales
2.4.3 Convenient Store
2.5 Liquorice Sales by Channel
2.5.1 Global Liquorice Sale Market Share by Channel (2020-2025)
2.5.2 Global Liquorice Revenue and Market Share by Channel (2020-2025)
2.5.3 Global Liquorice Sale Price by Channel (2020-2025)
3 Global by Company
3.1 Global Liquorice Breakdown Data by Company
3.1.1 Global Liquorice Annual Sales by Company (2020-2025)
3.1.2 Global Liquorice Sales Market Share by Company (2020-2025)
3.2 Global Liquorice Annual Revenue by Company (2020-2025)
3.2.1 Global Liquorice Revenue by Company (2020-2025)
3.2.2 Global Liquorice Revenue Market Share by Company (2020-2025)
3.3 Global Liquorice Sale Price by Company
3.4 Key Manufacturers Liquorice Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Liquorice Product Location Distribution
3.4.2 Players Liquorice Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Liquorice by Geographic Region
4.1 World Historic Liquorice Market Size by Geographic Region (2020-2025)
4.1.1 Global Liquorice Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Liquorice Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Liquorice Market Size by Country/Region (2020-2025)
4.2.1 Global Liquorice Annual Sales by Country/Region (2020-2025)
4.2.2 Global Liquorice Annual Revenue by Country/Region (2020-2025)
4.3 Americas Liquorice Sales Growth
4.4 APAC Liquorice Sales Growth
4.5 Europe Liquorice Sales Growth
4.6 Middle East & Africa Liquorice Sales Growth
5 Americas
5.1 Americas Liquorice Sales by Country
5.1.1 Americas Liquorice Sales by Country (2020-2025)
5.1.2 Americas Liquorice Revenue by Country (2020-2025)
5.2 Americas Liquorice Sales by Type (2020-2025)
5.3 Americas Liquorice Sales by Channel (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Liquorice Sales by Region
6.1.1 APAC Liquorice Sales by Region (2020-2025)
6.1.2 APAC Liquorice Revenue by Region (2020-2025)
6.2 APAC Liquorice Sales by Type (2020-2025)
6.3 APAC Liquorice Sales by Channel (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Liquorice by Country
7.1.1 Europe Liquorice Sales by Country (2020-2025)
7.1.2 Europe Liquorice Revenue by Country (2020-2025)
7.2 Europe Liquorice Sales by Type (2020-2025)
7.3 Europe Liquorice Sales by Channel (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Liquorice by Country
8.1.1 Middle East & Africa Liquorice Sales by Country (2020-2025)
8.1.2 Middle East & Africa Liquorice Revenue by Country (2020-2025)
8.2 Middle East & Africa Liquorice Sales by Type (2020-2025)
8.3 Middle East & Africa Liquorice Sales by Channel (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Liquorice
10.3 Manufacturing Process Analysis of Liquorice
10.4 Industry Chain Structure of Liquorice
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Liquorice Distributors
11.3 Liquorice Customer
12 World Forecast Review for Liquorice by Geographic Region
12.1 Global Liquorice Market Size Forecast by Region
12.1.1 Global Liquorice Forecast by Region (2026-2031)
12.1.2 Global Liquorice Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Liquorice Forecast by Type (2026-2031)
12.7 Global Liquorice Forecast by Channel (2026-2031)
13 Key Players Analysis
13.1 Hershey
13.1.1 Hershey Company Information
13.1.2 Hershey Liquorice Product Portfolios and Specifications
13.1.3 Hershey Liquorice Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Hershey Main Business Overview
13.1.5 Hershey Latest Developments
13.2 Haribo
13.2.1 Haribo Company Information
13.2.2 Haribo Liquorice Product Portfolios and Specifications
13.2.3 Haribo Liquorice Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Haribo Main Business Overview
13.2.5 Haribo Latest Developments
13.3 Tootsie
13.3.1 Tootsie Company Information
13.3.2 Tootsie Liquorice Product Portfolios and Specifications
13.3.3 Tootsie Liquorice Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Tootsie Main Business Overview
13.3.5 Tootsie Latest Developments
13.4 Red Vines
13.4.1 Red Vines Company Information
13.4.2 Red Vines Liquorice Product Portfolios and Specifications
13.4.3 Red Vines Liquorice Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Red Vines Main Business Overview
13.4.5 Red Vines Latest Developments
13.5 Darrell Lea
13.5.1 Darrell Lea Company Information
13.5.2 Darrell Lea Liquorice Product Portfolios and Specifications
13.5.3 Darrell Lea Liquorice Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Darrell Lea Main Business Overview
13.5.5 Darrell Lea Latest Developments
13.6 Fini Company
13.6.1 Fini Company Company Information
13.6.2 Fini Company Liquorice Product Portfolios and Specifications
13.6.3 Fini Company Liquorice Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Fini Company Main Business Overview
13.6.5 Fini Company Latest Developments
13.7 Klene (Perfetti Van Melle Benelux BV)
13.7.1 Klene (Perfetti Van Melle Benelux BV) Company Information
13.7.2 Klene (Perfetti Van Melle Benelux BV) Liquorice Product Portfolios and Specifications
13.7.3 Klene (Perfetti Van Melle Benelux BV) Liquorice Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Klene (Perfetti Van Melle Benelux BV) Main Business Overview
13.7.5 Klene (Perfetti Van Melle Benelux BV) Latest Developments
13.8 Lakrids
13.8.1 Lakrids Company Information
13.8.2 Lakrids Liquorice Product Portfolios and Specifications
13.8.3 Lakrids Liquorice Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Lakrids Main Business Overview
13.8.5 Lakrids Latest Developments
13.9 Kenny鈥檚 Candy
13.9.1 Kenny鈥檚 Candy Company Information
13.9.2 Kenny鈥檚 Candy Liquorice Product Portfolios and Specifications
13.9.3 Kenny鈥檚 Candy Liquorice Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Kenny鈥檚 Candy Main Business Overview
13.9.5 Kenny鈥檚 Candy Latest Developments
13.10 Halva
13.10.1 Halva Company Information
13.10.2 Halva Liquorice Product Portfolios and Specifications
13.10.3 Halva Liquorice Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Halva Main Business Overview
13.10.5 Halva Latest Developments
13.11 搁闯鈥橲
13.11.1 搁闯鈥橲 Company Information
13.11.2 搁闯鈥橲 Liquorice Product Portfolios and Specifications
13.11.3 搁闯鈥橲 Liquorice Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 搁闯鈥橲 Main Business Overview
13.11.5 搁闯鈥橲 Latest Developments
13.12 Venco
13.12.1 Venco Company Information
13.12.2 Venco Liquorice Product Portfolios and Specifications
13.12.3 Venco Liquorice Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Venco Main Business Overview
13.12.5 Venco Latest Developments
13.13 Switzer鈥檚 Authentic Candy
13.13.1 Switzer鈥檚 Authentic Candy Company Information
13.13.2 Switzer鈥檚 Authentic Candy Liquorice Product Portfolios and Specifications
13.13.3 Switzer鈥檚 Authentic Candy Liquorice Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Switzer鈥檚 Authentic Candy Main Business Overview
13.13.5 Switzer鈥檚 Authentic Candy Latest Developments
13.14 Gimbals Fine Candies
13.14.1 Gimbals Fine Candies Company Information
13.14.2 Gimbals Fine Candies Liquorice Product Portfolios and Specifications
13.14.3 Gimbals Fine Candies Liquorice Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Gimbals Fine Candies Main Business Overview
13.14.5 Gimbals Fine Candies Latest Developments
13.15 Panda
13.15.1 Panda Company Information
13.15.2 Panda Liquorice Product Portfolios and Specifications
13.15.3 Panda Liquorice Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 Panda Main Business Overview
13.15.5 Panda Latest Developments
14 Research Findings and Conclusion

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