The licorice plant is a perennial herb and a member of the pea family. Native to southern Europe, Asia, and the Mediterranean, it is extensively cultivated in Russia, Spain, Iran, and India. The plant is prized for its roots, which contain glycyrrhizic acid. This acid, which is extracted from the roots, is fifty times sweeter than sugar. Licorice extract is used as a flavoring in food, tobacco, alcohol, cosmetics, and, of course, in licorice candy.
This report contains market size and forecasts of Original Black Licorice in global, including the following market information:
Global Original Black Licorice Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Original Black Licorice Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Original Black Licorice companies in 2021 (%)
The global Original Black Licorice market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Twist Candy Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Original Black Licorice include Twizzzlers, Red Vines, Wiley Wallaby, Venco, Good & Plenty, Halva, Klene, RJ’S and Kraepelien & Holm, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Original Black Licorice manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Original Black Licorice Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Original Black Licorice Market Segment Percentages, by Type, 2021 (%)
Twist Candy
Multiple Layer Candy
Granulated Candy
Others
Global Original Black Licorice Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Original Black Licorice Market Segment Percentages, by Application, 2021 (%)
Supermarket
Online Sales
Convenient Store
Global Original Black Licorice Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Original Black Licorice Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Original Black Licorice revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Original Black Licorice revenues share in global market, 2021 (%)
Key companies Original Black Licorice sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Original Black Licorice sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Twizzzlers
Red Vines
Wiley Wallaby
Venco
Good & Plenty
Halva
Klene
RJ’S
Kraepelien & Holm
Kenny’s Candy
Switzer’s Authentic Candy
Tara’s Licorice Caramels
Gimbals Fine Candies
Kookaburra Liquorice