The USA licorice root market is projected to reach a value of USD 180.2 Million in 2025, growing at a CAGR of 5.1% over the next decade to an estimated value of USD 296.5 Million by 2035.
| Attributes | Values |
|---|---|
| Estimated USA Industry Size (2025) | USD 180.2 Million |
| Projected USA Industry Value (2035) | USD 296.5 Million |
| Value-based CAGR (2025 to 2035) | 5.1% |
The USA licorice root market is flourishing due to a boom in consumer education concerning the health advantages of licorice root and its diverse applications. The primary reason for this progress is the search for natural ingredients in food and beverage, pharmaceutical, and cosmetic industries, where licorice root, which has anti-inflammatory and antioxidant properties, is highly valued.
The tendency of consumers to turn towards herbal remedies and functional foods has further added to market expansion. Besides that, the production and sourcing of licorice root-based products, which are environmentally friendly, are the other things that improve the appeal of the product.
The USA licorice root market maintains exceptional growth potential because consumers adopt holistic health practices while production enters its sustained development phase for natural food and pharmaceutical usage.
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Research data indicates the USA licorice root market displayed rising CAGR over successive years as presented in the following table. The analysis demonstrates how effectively the market responds and adapts to user preference changes.
H1 signifies period from January to June, H2 Signifies period from July to December
The market shows steady growth because consumers increasingly use licorice root in demanding applications like dietary supplements and pharmaceuticals. The market performance will benefit from new technological developments in extraction techniques and processing methods.
| Date | Development/M&A Activity & Details |
|---|---|
| January 2025 | MAFCO Worldwide LLC launched a new line of organic licorice extracts, targeting health-conscious consumers in the USA market. |
| November 2024 | Zagros Licorice Co. expanded its distribution network in the USA, enhancing availability for food and beverage manufacturers. |
| November 2024 | Norevo GmbH introduced innovative extraction methods for licorice root, improving product quality and sustainability for USA markets. |
| October 2024 | F&C Licorice Ltd. partnered with a major USA confectionery brand to supply licorice root for new candy formulations. |
| September 2024 | VPL Chemicals Ltd. launched a range of licorice-based flavor enhancers specifically designed for the growing health food segment in the USA. |
Extracts and Roots Lead the Market by Product Form.
The market is primarily controlled by licorice root and root extracts. The food and beverage and pharmaceutical industries are the main consumers of extracts due to their concentrated flavor and health benefits. Meanwhile, roots continue to be the number one choice in the traditional medicinal and herbal tea compounding sectors.
The helpful changes in technology in separating liquids have lifted the quality and strength of licorice extracts up to the level of being used in different industries; thus, the extracts of licorice remain compatible with various uses. The availability of different product forms ensures that they continue to be at the top of the licorice root market.
Food and Beverage Industry Drives Market Growth
Food and beverage sector is the primary end-use sector and licorice root's use as a natural sweetener and flavoring agent has made it a must-have in the confectionery, drinks, and baking sections.
Additionally, its anti-inflammatory effects, as well as antioxidant benefits, have made it a beneficial component in foods, and drinks. Conjointly, as the consumers continue to show a preference for natural and health-benefiting ingredients, the market for licorice root is likely to stay as one of the major driving forces in the food and beverage sector.
% share of Individual categories by Product Form and Applications in 2025
Extracts and Roots Lead the Market by Product Form
Licorice extracts together with licorice roots control a 38.4% share of the product form market during 2025. The pharmaceutical industry together with food and beverage operations rely on extracts because these concentrated substances provide both flavor profiles and health advantages. Traditional medicine and herbal tea formulation still depend on roots for their continued popularity.
Technological improvements to extraction systems produced licorice extracts with enhanced quality and functionality for use across numerous applications. Multiple product variations from this sector secure their permanent leading position in the market for licorice roots.
Food and Beverage Industry Drives Market Growth
Food and beverage use accounts for the largest market segment of licorice root applications where it will maintain a 30.8% market share by 2025. The food market embraces licorice root because of its dual-purpose application in taste enhancement and reduced sugar content throughout pastry goods and drinks and candies. Vitally important properties such as anti-inflammation and antioxidants enable licorice root to serve as a major ingredient in functional foods and beverages.
Food and beverage manufacturing represents a strong projection of continued market expansion as customer’s demand ingredients which are natural and health-enhancing.
Note: above chart is indicative in nature
The USA licorice root market demonstrates ongoing development through the collective efforts of established and emerging industry teams. Leading manufacturers exploit leading-edge extraction systems together with extensive distribution infrastructure to sustain their dominant market positions.
Western manufacturers focus on making licorice more cost-effective by placing production facilities near their target markets alongside specialty producers who specialize in high-quality organic licorice products. These combined initiatives produce beneficial rivalry among market competitors while encouraging new solutions.
Risk-aware tactical partnerships between licorice root suppliers and end-use manufacturers enable better performance optimization and product customization. The strategic alliances between organizations allow them to handle changing customer needs focused on natural and premium ingredient needs.
The market is expected to grow at a CAGR of 5.1% from 2025 to 2035.
The USA licorice root market is projected to reach USD 296.5 Million by 2035.
Key drivers include rising demand for natural ingredients, expanding applications in food and pharmaceuticals, and growing consumer preference for holistic health solutions.
Roots and extracts dominate the product form segment, while food and beverage leads the end-use applications.
Top manufacturers include MAFCO Worldwide LLC, Norevo GmbH, Zagros Licorice Co., and F&C Licorice Ltd.
By product form, the industry has been categorized into roots, extracts, blocks, powder, paste, and others.
By end use, the industry has been categorized into food and beverage, tobacco, pharmaceutical, cosmetic, and dietary supplement industries.
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