Global Licorice Root Market Outlook and Growth Forecast for the Period 2018-2028
Licorice root is well-known as a significant component of traditional Chinese medicine, and the growing demand for Chinese medicine worldwide is expected to be a primary factor behind the strong growth of the licorice root market through 2028. In addition, licorice root also finds applications in the confectionary and tobacco industries as a flavoring and de-bittering agent respectively, which is also expected to strongly contribute towards market demand.
View full press release