Global Licorice Candy Market Research Report 2022

Liquorice (British English) or licorice (American English) is a confection usually flavoured and coloured black with the extract of the roots of the liquorice plant glycyrrhiza glabra.
Due to the COVID-19 pandemic, the global Licorice Candy market size is estimated to be worth US$ 1567.7 million in 2021 and is forecast to a readjusted size of US$ 2155.8 million by 2028 with a CAGR of 4.6% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Licorice Candy market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Licorice Candy landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Of the major brands of licorice candy, Twizzzlers maintained its first place in the ranking in 2019, accounted for 20.64% global market share. Other players accounted for 4.39% and 3.65% including Red Vines and Wiley Wallaby. Europe is the largest consumption area, making up 52.79% in 2019. North America ranks the second, total Licorice Candy accounted for 34.06%.
This report focuses on Licorice Candy volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Licorice Candy market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Australia and Middle East & Africa, etc.
Global Licorice Candy Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Original Black Licorice
Fruit Flavored Candy
Segment by Application
Supermarket
Online Sales
Convenient Store
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Twizzzlers
Red Vines
Wiley Wallaby
Venco
Good & Plenty
Halva
Klene
RJ’S
Kraepelien & Holm
Kenny’s Candy
Switzer’s Authentic Candy
Mrs. Call’s Candy
Gimbals Fine Candies
Kookaburra Liquorice

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