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PUBLISHER: IMARC | PRODUCT CODE: 1468110
PUBLISHER: IMARC | PRODUCT CODE: 1468110
Home Improvement Services Market Report by Type, Buyers Age, City Type, and Region 2024-2032
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PAGES: 138 Pages
DELIVERY TIME: 2-3 business days
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The global licorice extract market size reached US$ 2,070.6 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 3,175.7 Million by 2032, exhibiting a growth rate (CAGR) of 4.8% during 2024-2032.
Licorice extract is a herbal extract derived from wild and organically grown Glycyrrhiza glabra licorice roots. It has a sweet and aromatic flavor and is produced by boiling the pulp of licorice roots. It is commonly available in paste, liquid, block and powdered forms that are used as a natural sweetener and flavoring agent in candies, beverages and medicines. It exhibits various anti-inflammatory, anticancer, antimicrobial and antioxidant properties that aid in the treatment of hot flashes, acid reflux, digestive ailments, menopausal symptoms, heartburn and bacterial and viral infections. Licorice extract also aids in treating peptic ulcers, hepatitis C, preventing cavities, improving blood sugar levels and promoting weight loss. As a result, it finds extensive application across various industries, such as pharmaceutical, cosmetics and food and beverage.
Licorice Extract Market Trends:
Significant growth in the food and beverage industry is one of the key factors creating a positive outlook for the market. Licorice extract is widely used in food products as a food additive or natural sweetener in cake batters, chewing gums, sweet custard and can also be mixed into a meat rub as a flavor enhancer. Additionally, the increasing product demand in the pharmaceutical industry is favoring the market growth. Licorice extract is widely used to manufacture medicines for indigestion, toothache, asthma, fever, bronchitis and skin infections. Moreover, the shifting consumer preference toward organic products, especially among the millennials due to the rising health consciousness, is providing a thrust to the market growth. In line with this, the widespread product adoption in the tobacco industry as a de-bittering agent is positively impacting the market growth. Other factors, including rising expenditure capacities of the consumers, along with the widespread product adoption in the cosmetic industry as a natural skin brightener, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global licorice extract market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on product type, form and application.
Breakup by Product Type:
Food Grade
Feed Grade
Pharmaceutical Grade
Breakup by Form:
Block
Powder
Paste
Others
Breakup by Application:
Food and Beverages
Pharmaceutical
Tobacco
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Alfarid Corporation Limited, AOS Products Pvt. Ltd., Avestia Pharma, C.E. Roeper GmbH, F&C Licorice Ltd., Herbochem, Hyundai Bioland, Mafco Worldwide LLC, Maruzen Pharmaceuticals Co. Ltd., Norevo GmbH, Shaanxi FUJIE Pharmaceutical Co. Ltd. and VPL Chemicals Pvt Ltd.
Key Questions Answered in This Report
- 1. What was the size of the global licorice extract market in 2023?
- 2. What is the expected growth rate of the global licorice extract market during 2024-2032?
- 3. What are the key factors driving the global licorice extract market?
- 4. What has been the impact of COVID-19 on the global licorice extract market?
- 5. What is the breakup of the global licorice extract market based on the product type?
- 6. What is the breakup of the global licorice extract market based on the form?
- 7. What is the breakup of the global licorice extract market based on the application?
- 8. What are the key regions in the global licorice extract market?
- 9. Who are the key players/companies in the global licorice extract market?
Product Code: SR112024A4950
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Home Improvement Services Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Kitchen Renovation and Addition
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Bathroom Renovation and Addition
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Exterior and Interior Replacements
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 System Upgrades
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Others
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
7 Market Breakup by Buyers Age
- 7.1 Under 35
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 35-54
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 55-64
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Above 65
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by City Type
- 8.1 Metro Cities
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Non-metro Cities and Towns
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Belfor
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 Coit Cleaners
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Crane Renovation Group
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 DKI Ventures LLC
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 FirstService Corporation
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.6 Mr. Handyman International LLC
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7 Power Home Remodeling Group
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 Rainbow International LLC
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 Servpro
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 Venturi Restoration
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.1 Belfor
Product Code: SR112024A4950
List of Figures
- Figure 1: Global: Home Improvement Services Market: Major Drivers and Challenges
- Figure 2: Global: Home Improvement Services Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Home Improvement Services Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Home Improvement Services Market: Breakup by Type (in %), 2023
- Figure 5: Global: Home Improvement Services Market: Breakup by Buyers Age (in %), 2023
- Figure 6: Global: Home Improvement Services Market: Breakup by City Type (in %), 2023
- Figure 7: Global: Home Improvement Services Market: Breakup by Region (in %), 2023
- Figure 8: Global: Home Improvement Services (Kitchen Renovation and Addition) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 9: Global: Home Improvement Services (Kitchen Renovation and Addition) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 10: Global: Home Improvement Services (Bathroom Renovation and Addition) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 11: Global: Home Improvement Services (Bathroom Renovation and Addition) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 12: Global: Home Improvement Services (Exterior and Interior Replacements) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 13: Global: Home Improvement Services (Exterior and Interior Replacements) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 14: Global: Home Improvement Services (System Upgrades) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 15: Global: Home Improvement Services (System Upgrades) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 16: Global: Home Improvement Services (Other Types) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 17: Global: Home Improvement Services (Other Types) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 18: Global: Home Improvement Services (Under 35) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 19: Global: Home Improvement Services (Under 35) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 20: Global: Home Improvement Services (35-54) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 21: Global: Home Improvement Services (35-54) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 22: Global: Home Improvement Services (55-64) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 23: Global: Home Improvement Services (55-64) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 24: Global: Home Improvement Services (Above 65) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 25: Global: Home Improvement Services (Above 65) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 26: Global: Home Improvement Services (Metro Cities) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 27: Global: Home Improvement Services (Metro Cities) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 28: Global: Home Improvement Services (Non-metro Cities and Towns) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 29: Global: Home Improvement Services (Non-metro Cities and Towns) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 30: North America: Home Improvement Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 31: North America: Home Improvement Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 32: United States: Home Improvement Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 33: United States: Home Improvement Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 34: Canada: Home Improvement Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 35: Canada: Home Improvement Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 36: Asia-Pacific: Home Improvement Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 37: Asia-Pacific: Home Improvement Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 38: China: Home Improvement Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 39: China: Home Improvement Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 40: Japan: Home Improvement Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 41: Japan: Home Improvement Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 42: India: Home Improvement Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 43: India: Home Improvement Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 44: South Korea: Home Improvement Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 45: South Korea: Home Improvement Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 46: Australia: Home Improvement Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 47: Australia: Home Improvement Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 48: Indonesia: Home Improvement Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 49: Indonesia: Home Improvement Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 50: Others: Home Improvement Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 51: Others: Home Improvement Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 52: Europe: Home Improvement Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 53: Europe: Home Improvement Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 54: Germany: Home Improvement Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 55: Germany: Home Improvement Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 56: France: Home Improvement Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 57: France: Home Improvement Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 58: United Kingdom: Home Improvement Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 59: United Kingdom: Home Improvement Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 60: Italy: Home Improvement Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 61: Italy: Home Improvement Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 62: Spain: Home Improvement Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 63: Spain: Home Improvement Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 64: Russia: Home Improvement Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 65: Russia: Home Improvement Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 66: Others: Home Improvement Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 67: Others: Home Improvement Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 68: Latin America: Home Improvement Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 69: Latin America: Home Improvement Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 70: Brazil: Home Improvement Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 71: Brazil: Home Improvement Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 72: Mexico: Home Improvement Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 73: Mexico: Home Improvement Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 74: Others: Home Improvement Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 75: Others: Home Improvement Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 76: Middle East and Africa: Home Improvement Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 77: Middle East and Africa: Home Improvement Services Market: Breakup by Country (in %), 2023
- Figure 78: Middle East and Africa: Home Improvement Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 79: Global: Home Improvement Services Industry: SWOT Analysis
- Figure 80: Global: Home Improvement Services Industry: Value Chain Analysis
- Figure 81: Global: Home Improvement Services Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Home Improvement Services Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Home Improvement Services Market Forecast: Breakup by Type (in Million US$), 2024-2032
- Table 3: Global: Home Improvement Services Market Forecast: Breakup by Buyers Age (in Million US$), 2024-2032
- Table 4: Global: Home Improvement Services Market Forecast: Breakup by City Type (in Million US$), 2024-2032
- Table 5: Global: Home Improvement Services Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 6: Global: Home Improvement Services Market: Competitive Structure
- Table 7: Global: Home Improvement Services Market: Key Players
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