Top 10 Companies in the Global Glycyrrhiza Glabra (Licorice) Root Extract Market (2026): Market Leaders Shaping the Flavor and Health Sectors

The Global Glycyrrhiza Glabra (Licorice) Root Extract Market was valued at USD million in 2025 and is projected to reach USD million by 2034, at a CAGR of % during the forecast period.

The USA market for Global Glycyrrhiza Glabra (Licorice) Root Extract market is estimated to increase from USD million in 2022 to reach USD million by 2034, at a CAGR during the forecast period of 2023 through 2034.

The China market for Global Glycyrrhiza Glabra (Licorice) Root Extract market is estimated to increase from USD million in 2022 to reach USD million by 2034, at a CAGR during the forecast period of 2023 through 2034.

The Europe market for Global Glycyrrhiza Glabra (Licorice) Root Extract market is estimated to increase from USD million in 2022 to reach USD million by 2034, at a CAGR during the forecast period of 2023 through 2034.

Global Glycyrrhiza Glabra (Licorice) Root Extract Market: Market Insight
Glycyrrhiza glabra, a flowering plant of the bean family Fabaceae, yields a sweet, aromatic extract from its root. The liquorice plant is a herbaceous perennial legume native to Western Asia and southern Europe. While it shares flavor compounds with anise, star anise, and fennel, it remains botanically distinct. Traditionally, its root extract has found a place in confectionery, tobacco, and herbal remedies. Today, the extract is increasingly valued for its functional properties across cosmetics, pharmaceuticals, food, and tobacco sectors.

Below is a snapshot of the market’s geographic distribution, key players, and segmentation, followed by an in‑depth look at the top ten companies driving the industry.

Global Glycyrrhiza Glabra (Licorice) Root Extract Market – View in Detailed Research Report

Top 10 Companies in the Global Glycyrrhiza Glabra (Licorice) Root Extract Market (2026)

10️⃣ Sepidan Osareh

Headquarters: Tehran, Iran
Key Offering: Pharmaceutical‑grade glycyrrhizin and standardised extracts

Sepidan Osareh has built a reputation for high‑purity extracts that meet stringent pharmaceutical specifications. The company’s R&D focus on glycyrrhizin bioavailability has positioned it as a preferred supplier for anti‑inflammatory and antiviral formulations.

Sustainability & Growth Initiatives:

• Implementing closed‑loop water recycling in extraction facilities.
• Investing in renewable energy sources for process operations.
• Partnering with local farmers to secure sustainably sourced roots.

9️⃣ F&C Licorice

Headquarters: Barcelona, Spain
Key Offering: Food‑grade and cosmetic‑grade extracts

With a long history in the Iberian market, F&C Licorice supplies a range of flavouring and functional ingredients for the European food and cosmetic industries. Their proprietary “Eco‑Licorice” line emphasizes low‑impact cultivation and minimal pesticide use.

Sustainability & Growth Initiatives:

• Adoption of organic cultivation practices across 70% of production acreage.
• Launch of a certification program for traceability in the supply chain.
• Development of a low‑water‑consumption extraction process.

8️⃣ Norevo GmbH

Headquarters: Hamburg, Germany
Key Offering: Pharmaceutical‑grade glycyrrhizin and customized formulations

Norevo GmbH specializes in tailored glycyrrhizin preparations for dermatological and anti‑inflammatory products. Their analytical platform allows precise control over glycyrrhizin content, ensuring consistency across batch releases.

Sustainability & Growth Initiatives:

• Implementation of ISO 14001 environmental management systems.
• Investment in bioreactor technology to reduce solvent usage.
• Collaboration with research institutes on glycyrrhizin metabolism studies.

7️⃣ Maruzen Pharmaceuticals

Headquarters: Tokyo, Japan
Key Offering: Pharmaceutical‑grade extracts for anti‑viral and anti‑inflammatory drugs

Maruzen’s portfolio includes high‑purity glycyrrhizin used in antiviral and anti‑inflammatory drug development. Their GMP‑certified facilities meet both Japanese and EU regulatory standards.

Sustainability & Growth Initiatives:

• Adoption of carbon‑neutral production targets by 2030.
• Integration of waste‑to‑energy systems within manufacturing sites.
• Partnerships with universities to explore glycyrrhizin derivatives.

6️⃣ Aushadhi Herbal

Headquarters: New Delhi, India
Key Offering: Food and cosmetic‑grade extracts, Ayurvedic formulations

Aushadhi Herbal leverages traditional Ayurvedic knowledge to produce extracts tailored for both modern food and cosmetic applications. Their flagship product, “Aushadhi Licorice”, combines high glycyrrhizin content with a balanced flavonoid profile.

Sustainability & Growth Initiatives:

• Certification under the Indian Organic Standards (IOS).
• Investment in community‑based root‑harvesting cooperatives.
• Development of a digital traceability platform for supply chain transparency.

5️⃣ SK Bioland

Headquarters: Seoul, South Korea
Key Offering: Food‑grade and cosmetic‑grade extracts, natural sweetener blends

SK Bioland’s portfolio extends beyond traditional licorice extracts to include sweetener blends that replace sugar in processed foods. Their focus on low‑glycemic products aligns with global nutrition trends.

Sustainability & Growth Initiatives:

• Implementation of a zero‑waste policy across all manufacturing lines.
• Partnerships with local farmers to promote climate‑resilient cultivation.
• Research into alternative root sources to diversify supply.

4️⃣ Amruta Herbals

Headquarters: Mumbai, India
Key Offering: Pharmaceutical‑grade extracts, Ayurvedic supplements

Amruta Herbals has carved a niche in the Ayurvedic supplement market, offering glycyrrhizin‑rich extracts that support digestive health and immune function. Their products are distributed across South Asia and the diaspora market.

Sustainability & Growth Initiatives:

• Adoption of renewable energy in production facilities.
• Community outreach programs focused on sustainable root harvesting.
• Development of a digital platform for product traceability and quality assurance.

3️⃣ Sabinsa

Headquarters: Singapore
Key Offering: Cosmetic‑grade extracts, functional ingredients for food and beverages

Sabinsa’s portfolio is heavily oriented toward the cosmetics and food & beverage sectors. Their “Sabinsa Licorice” line is known for its consistent flavor profile and low allergenic potential.

Sustainability & Growth Initiatives:

• ISO 9001 certification across all product lines.
• Investment in sustainable root cultivation practices.
• Research collaborations with universities on glycyrrhizin bioactivity.

2️⃣ Vee Kay International

Headquarters: New York, USA
Key Offering: Food‑grade extracts, functional ingredients for beverages

Vee Kay International supplies high‑purity extracts that meet FDA standards for food and beverage applications. Their focus on natural sweeteners positions them favorably amid consumer demand for clean‑label products.

Sustainability & Growth Initiatives:

• Implementation of a closed‑loop water system.
• Adoption of renewable energy in manufacturing sites.
• Launch of a sustainability reporting framework.

1️⃣ Amsar

Headquarters: Riyadh, Saudi Arabia
Key Offering: Pharmaceutical‑grade extracts, feed‑grade products

Amsar supplies glycyrrhizin‑rich extracts for pharmaceutical applications and feed additives in the Middle East. Their R&D team focuses on enhancing the extraction efficiency of glycyrrhizin from roots.

Sustainability & Growth Initiatives:

• Partnerships with local farmers to ensure sustainable root supply.
• Investment in energy‑efficient extraction technologies.
• Commitment to reducing carbon emissions by 30% by 2030.

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Outlook: Global Glycyrrhiza Glabra (Licorice) Root Extract Market in 2026

The market is navigating a transition toward higher purity grades and functional applications. Demand for pharmaceutical‑grade extracts is rising as clinicians seek natural anti‑inflammatory agents. Meanwhile, the food and cosmetic sectors continue to incorporate licorice as a natural sweetener and skin‑care ingredient, driven by consumer preference for clean labels.

Future Trends Shaping the Industry

• Growth of glycyrrhizin‑based nutraceuticals targeting gut health and immunity.
• Adoption of advanced extraction technologies, such as supercritical CO₂, to enhance yield and purity.
• Expansion of supply chains into emerging markets, especially in Southeast Asia and Latin America.
• Increased regulatory scrutiny on glycyrrhizin content in food and cosmetics, prompting stricter quality controls.
• Emergence of value‑added products, such as encapsulated extracts for targeted delivery.