Global Licorice Candy Market Strategic Research Report

Scope of the Report

The global Licorice Candy market size is predicted to grow from US$ 1,569 million in 2025 to US$ 2,222 million in 2032; it is expected to grow at a CAGR of 5.0% from 2026 to 2032.

Licorice Candy is a type of confectionery that is flavoured with licorice extract. It can come in various forms, such as twists, ropes, bites, or even coated in chocolate. Licorice Candy has a distinct sweet and slightly salty flavor that is loved by many people. It is often enjoyed as a treat or snack and can be found in many candy stores and supermarkets.

In 2025, global Licorice Candy production reached approximately 196,184 tons, with an average global market price of around US$ 8,176 per ton.

The Licorice Candy industry is seeing steady global growth, driven by core trends including a prominent shift toward health-oriented products such as sugar-free, low-sugar and organic variants, the rise of functional liquorice candy with throat-soothing, immune-boosting properties rooted in the food-medicine homology concept, flavor innovation featuring fruit and herbal blends as well as gourmet premium lines, the expansion of online sales channels like e-commerce and live streaming, the adoption of eco-friendly packaging, and accelerated market penetration in emerging regions such as the Asia-Pacific and the Middle East & Africa, alongside technological upgrades in intelligent production and green manufacturing processes; key opportunities lie in the surging consumer demand for natural, plant-based healthy snacks, policy dividends from regulations like the EU’s plant-based food new rules and China’s TCM development plans, huge growth potential in emerging markets fueled by consumption upgrading, technological innovations such as bio-extraction and 3D printing that reduce raw material costs and drive product upgrading, and the expansion of application scenarios through cross-border co-branding and the extension of functional attributes to oral care and sleep aid; meanwhile, the industry faces notable challenges including the raw material crunch with reduced output and declining quality of high-content liquorice leading to volatile and rising raw material costs, regional differences in taste preferences that hinder global market expansion, higher production costs and sensory balance difficulties in developing sugar-free formulations with natural sweeteners, stricter cross-regional food additive and labeling regulations increasing compliance costs, and intensified homogeneous competition as well as rising market concentration driven by head enterprise mergers and acquisitions pressuring small and medium-sized brands.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Licorice Candy market?

What factors are driving Licorice Candy market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Licorice Candy market opportunities vary by end market size?

How does Licorice Candy break out by Type, by Application?

This report presents a comprehensive overview of the global Licorice Candy market, covering market size and forecast, segmentation by product type and application, competitive landscape, leading players and regional and country-level outlook.

Segment by Type

• Original Black Licorice
• Fruit Flavored Candy

Segment by Processing Technology

• Hard Licorice Candy
• Soft Licorice Candy

Segment by Formula Composition

• Pure Liquorice Formulation
• Herbal Compound Licorice Candy
• Others

Segment by Application

• Supermarket
• Online Sales
• Convenient Store

Who Can Use This Report?

This report is written for decision-makers who need a clear, data-backed view of the global Licorice Candy market:

• Manufacturers, suppliers and solution providers benchmarking their position and planning product, capacity and go-to-market strategy
• Distributors, channel partners and end users in Supermarket, Online Sales, Convenient Store evaluating demand and sourcing options
• Investors, financial analysts and consultants assessing growth opportunities, competitive dynamics and M&A potential
• Government agencies, industry associations and research institutions tracking industry developments and policy impact