The Licorice Extract market, valued at USD 894.3 million in 2024, is projected to grow at a CAGR of 6.2% during the forecast period, reaching USD 1,625.4 million by 2034.
Licorice extract, derived from licorice root through a heating process that removes water, is widely used as a natural remedy. It is promoted for various health issues including digestive problems, menopausal symptoms, cough,...
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