Licorice Root Market Demand to Drive to USD 2.3 Billion by 2036

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2026-04-22 17:50:14

NEWARK, Del., USA | April 22, 2026 — According to the latest analysis by Future Market Insights (FMI), the global licorice root market is entering a steady growth phase, supported by rising demand for standardized botanical extracts and expanding applications across pharmaceutical, nutraceutical, and wellness sectors. The market, valued at USD 1.0 billion in 2025, is estimated to reach...

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