Licorice Extract Market Size to Hit US$ 2,544.9 Million by 2028, at 5.29% CAGR
IMARC Group, a leading market research company, has recently releases report titled “ Licorice Extract Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 .” The study provides a detailed analysis of the industry, including the global licorice extract market s hare, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market. How Big is the Licorice Extract Market? The global licorice extract market size reached US$ 1,966.6 Million in 2022 . Looking forward, IMARC Group expects the market to reach US$ 2,544.9 Million by 2028 , exhibiting a growth rate (CAGR) of 5.29% during 2023-2028. Licorice extract is a herbal product obtained from the dried roots of Glycyrrhiza glabra plant. It exhibits anti-cancer, anti-inflammatory, antioxidant, and antimicrobial properties, that help reduce inflammation and kill harmful microbes. It aid...