Global Glycyrrhiza Glabra Root Extract Market Strategic Research Report

Scope of the Report

The global Glycyrrhiza Glabra Root Extract market size is predicted to grow from US$ 251 million in 2025 to US$ 402 million in 2032; it is expected to grow at a CAGR of 7.1% from 2026 to 2032.

In 2025, the global sales volume of Glycyrrhiza glabra root extract reached 11,000 metric tons, with an average price of $23,053 per ton.

Glycyrrhiza glabra, a flowering plant of the bean family Fabaceae, from the root of which a sweet, aromatic flavouring can be extracted. The liquorice plant is a herbaceous perennial legume native to the Western Asia and southern Europe.It is not botanically related to anise, star anise, or fennel, which are sources of similar flavouring compounds. Liquorice is used as a flavouring in candies and tobacco, particularly in some European and West Asian countries. Glycyrrhiza glabra root extracts have been used in herbalism and traditional medicine.

The raw material for Glycyrrhiza glabra root extract consists of the dried roots and rhizomes of Glycyrrhiza glabra. This perennial herbaceous legume has extremely strict requirements regarding its growing environment and is primarily distributed across the Mediterranean coast, West Asia, Central Asia, and regions in China such as Xinjiang, Gansu, and Inner Mongolia.

The cost structure of Glycyrrhiza glabra root extract is characterized by a very high proportion of raw material costs and significant value-added from processing technology, with substantial price variations depending on the product grade. For standard food-grade crude extracts, raw material costs account for approximately 35%–45% of the total cost, with the market wholesale price of dried *Glycyrrhiza glabra* roots ranging from roughly $9 to $17 per kilogram. In contrast, the total cost of pharmaceutical-grade standardized extracts is about two to three times that of food-grade products, due to additional expenses associated with purification, testing, and GMP certification. The most extreme cost structure is found in cosmetic-grade high-purity glabridin; raw material costs exceed 50%–60% of the total, reflecting the complexity of the extraction and purification processes.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Glycyrrhiza Glabra Root Extract market?

What factors are driving Glycyrrhiza Glabra Root Extract market growth, globally and by region?

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

How do Glycyrrhiza Glabra Root Extract market opportunities vary by end market size?

How does Glycyrrhiza Glabra Root Extract break out by Type, by Application?

This report presents a comprehensive overview of the global Glycyrrhiza Glabra Root Extract 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

• Pharmaceutical Grade
• Food Grade
• Feed Grade
• Others

Segment by Product Form

• Powder
• Fluid Extract
• Solid Extract Block
• Other

Segment by Glycyrrhizic Acid Content

• >20%
• 10-20%
• <10%

Segment by Application

• Cosmetic
• Pharmaceutical
• Food Industry
• Tobacco Industry
• Others

Who Can Use This Report?

This report is written for decision-makers who need a clear, data-backed view of the global Glycyrrhiza Glabra Root Extract 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 Cosmetic, Pharmaceutical, Food Industry 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