Quadintel published a recovery-based report for Global Licorice Candy Market that provides crucial details on company opportunities, growth plans, trends, innovations, the competitive landscape in 2022, and the geographic outlook. Based on relevant market and regional segmentation, a thorough assessment of this worldwide market includes the historical analysis of this market (from 2023 to 2030) and develops reliable and approximative timeline estimations up to 2030.
Get a complete report on Licorice Candy Market’ (Including Full TOC, 100+ Tables & Figures, and charts). –Covers Precise Information on Pre & Post COVID-19 Market Outbreak by Region.
Global Licorice Candy Market is valued approximately USD $$ billion in 2022 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2023-2030.
Request To Download Sample of This Strategic Report: –https://www.quadintel.com/request-sample/licorice-candy-market/QI037
Licorice candies are made from licorice extracts obtained from a flowering plant of the bean family Fabaceae, which is mainly found in Western Asia, North Africa, and Southern Europe. Licorice candies are found to be helpful in treating conditions such as eczema, tooth decay, and sore throat. Licorice roots also have proven beneficial in cleaning respiratory systems. Growing demand for plant-based foods and rising health consciousness among consumers are key drivers for the growth of Licorice Candy market. For instance, according to The Good Food Institute, USA retail sales of plant-based foods in USA reached to USD 7 billion in the year 2020, indicating growth of 27 percent from the year 2019. In 2020, 57 percent of all U.S. households purchased plant-based foods (approximately 71 million households) as compared to 53 percent household in the year 2019. Also, as per India Brand Equity Forum- the markets for medical plants in India is estimated at USD 0.056 billion in the year 2019 and it is expected to increase at a CAGR 38.5% and would reach to USD 0.188 billion by the year 2026. Also, with the increasing adoption from pharmaceutical industry and shifting trend towards healthy eating, the adoption & demand for Licorice Candy is likely to increase the market growth during the forecast period. However, volatile costs of raw material, impedes the growth of the market over the forecast period of 2021-2027.
The key regions considered for the global Licorice Candy market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to increasing demand for healthy products from the consumers in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period 2021-2027. Factors such as growing pharmaceutical industry and shifting consumer preference in the region would create lucrative growth prospects for the Licorice Candy market across Asia-Pacific region.
Major market player included in this report are:
- The Old Time Candy Company
- Gimbal’s Fine Candy
- Kenny’s Candy Company, Inc.
- Red Vines
- Kookaburra Liquorice
- AirHeads
- Candy Crate Inc.
- American Licorice Company
- The Hershey Company
- Darrell Lea
Request a Sample PDF copy of the report @ –https://www.quadintel.com/request-sample/licorice-candy-market/QI037
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Product Type:
Original Black Licorice
Fruit Flavored Candy
Apple
Anise
Grape
Cinnamon
Grape
Strawberry
Others
By Packaging:
Cans
Jars
Bottles
Others
By Sales Channel:
Direct Sales
Indirect Sales
Modern Trade
Convenience Store
Departmental Store
Online Retailers
Traditional Grocery Store
Other Channels
Download Sample of This Strategic Report: –https://www.quadintel.com/request-sample/licorice-candy-market/QI037
By End Use Industries:
Restaurants and Hotels
Schools and Institutions
Recreational and Sports Centers
Household Consumption
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Request a Sample PDF copy of the report @ –https://www.quadintel.com/request-sample/licorice-candy-market/QI037
Table of content
Market Overview
Market Definition and Scope
Market Dynamics
Market Industry Analysis
Market, Regional Analysis
Analysis of Leading Companies
Competitive Intelligence
Research Process
Market Analysis and Forecast, By Product Types
Some of the Key Questions Answered in this Report:
● What is the Market dimension at the regional and country-level?
● What are the key drivers, restraints, opportunities, and challenges of the Market, and how they are anticipated to influence the market?
● What is the international (North America, Europe, Asia-Pacific, South America, Middle East and Africa) income value, manufacturing value, consumption value, import and export of Market?
● Who are the world key producers of the Market Industry? How is their working state of affairs (capacity, production, sales, price, cost, gross, and revenue)?
● What are the Market possibilities and threats confronted via the carriers in the world Market Industry?
● Which application/end-user or product kind may also be seeking for incremental boom prospects? What is the market share of every kind and application?
● What targeted method and constraints are keeping the Market?
● What are the distinct sales, marketing, and distribution channels in the world industry?
● What are the upstream uncooked substances and manufacturing gear of Market alongside with the manufacturing technique of Market?
● What are the key market tendencies impacting the increase of the Market?
● Economic have an impact on the Market enterprise and improvement vogue of the Market industry.
Request Full Report –https://www.quadintel.com/request-sample/licorice-candy-market/QI037
About Quadintel:
We are the best market research reports provider in the industry. Quadintel believes in providing quality reports to clients to meet the top line and bottom-line goals which will boost your market share in today’s competitive environment. Quadintel is a ‘one-stop solution’ for individuals, organizations, and industries that are looking for innovative market research reports.
Get in Touch with Us:
Quadintel:
Email: sales@quadintel.com
Address: Office – 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611, UNITED STATES
Tel: +1 888 212 3539 (US – TOLL FREE)
Website: https://www.quadintel.com/