Global licorice candy market is projected to grow at a CAGR of ~5.7% between 2020 and 2030. Future Market Insights (FMI) has projected the sales of licorice candies to surge in sync with natural food category. The market is expected to gain an edge with the medical community becoming more absorbent with the holistic benefits of licorice. Spurred by these factors, FMI projects the licorice candy market to surpass US$ 250 Mn by the end of 2020.
These candies are available in different colors and attractive shapes, which are intended to attract consumers. Besides its colorful appearance and interesting shapes, licorice candies are known to ease pain of ulcers. They also help in improving resistance to stress. Awareness regarding a plethora of health benefits of licorice candy will fuel its demand in the near future.
With focus on preventive healthcare rising, healthcare products will be more frequently launched. FMI expects this trend to create favorable growth opportunities for the market.
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Market Segmentation
The global licorice candy market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
By Product Type
- Original Black Licorice
- Fruit Flavored Candy
- Apple
- Anise
- Grape
- Cinnamon
- Grape
- Strawberry
- Others
By Application
- Restaurants and Hotels
- Schools and Institutions
- Recreational and Sports Centers
- Household Consumption
- Others
Packaging
- Cans
- Jars
- Bottles
- Others
Sales Channel
- Direct Sales
- Indirect Sales
- Modern Trade
- Convenience Store
- Departmental Store
- Online Retailers
- Traditional Grocery Store
- Other Channels
Region
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
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Table Of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Macro-Economic Factors
3.2. Forecast Factors – Relevance & Impact
4. Value Chain Analysis
4.1.1. Raw Material Suppliers
4.1.2. Product Manufacturers
4.1.3. Distributors/Suppliers/Wholesalers
5. Market Dynamics
5.1.1. Drivers
5.1.2. Restraints
5.1.3. Opportunity
5.2. Key Regulations
6. Global Licorice Candy Market Demand Analysis 2015-2019 and Forecast, 2020-2030