Germany Licorice Market Overview, 2029

German consumers' inclinations for natural components and conventional treatments have led to a long history and a wide range of applications for licorice across several sectors. A versatile ingredient with culinary and therapeutic importance, licorice is obtained from the roots of the Glycyrrhiza plant. Candy products are the main way that licorice is ingested. Classic licorice sweets are still well-liked by customers because of their unique flavor and chewy consistency. This country's love of distinct and powerful flavors in confections is seen in the fact that these candies are frequently flavored with licorice extract or powder. For baking purposes, licorice is used to give cakes, biscuits, and sweets its distinctive sweetness. Trends toward natural ingredients and sustainability are persistent in the German licorice sector. Customers are becoming more conscious of the things they consume, choosing goods that are ethical, environmentally friendly, and beneficial to their health. In Germany, regulatory control guarantees the safety and quality of licorice goods. Glycyrrhizin content standards for licorice are kept under observation to guard against any possible health hazards from overindulging.

According to the research report "Germany Licorice Market Overview, 2029," published by Bonafide Research, the Germany Licorice market is anticipated to grow at more than 7.05% CAGR from 2024 to 2029. Growing consumer consciousness about sustainability and health has resulted in a discernible trend in Germany toward natural and organic products. These inclinations are well-suited to licorice, a natural substance with apparent health advantages. Due to its flexibility, liquorice is being used for purposes other than confections. Because of its therapeutic benefits, licorice is being used more often in Germany in functional meals, herbal supplements, and dietary items. Market expansion is being propelled by ongoing innovation in licorice products. Manufacturers are spending money on R&D to investigate novel applications and advantages of licorice extracts. The licorice business is expanding as a result of consumers being more aware of its health advantages. The German licorice market is significantly shaped by the legal framework. Strict rules control the safety, quality, and labeling of licorice goods, guaranteeing adherence to consumer protection laws and health standards.

The German licorice industry offers a variety of licorice candy to suit the varying tastes and preferences of customers. Of them, black licorice is a classic favourite and is quite prevalent. German customers have long enjoyed the strong, somewhat bitter-sweet taste and chewy texture of black licorice candies, which are well-known for their potent flavor generated from licorice extract. The increased popularity of fruit-flavored licorice sweets in the German market can be attributed to their appeal to younger customers and families. Consumers who like fruity flavors in their confections will find the sour and sweet combination of pple-flavored licorice sweets intriguing. For those who want a touch of warmth and complexity in their confections, the combination of cinnamon and licorice makes for a very tasty and fragrant sweet alternative.

The preference for powder, liquid, and block licorice varies according on its applications and customer demand in the German licorice industry. Licorice powder is incredibly adaptable and used extensively in a variety of sectors. Because it is simple to include into confectionery items like candies, chocolates, and baked goods—where it contributes both taste and sweetness—it is preferred in the food and beverage industry. Licorice powder is prized for its therapeutic properties in the pharmaceutical sector. Because of its calming and anti-inflammatory qualities, it is frequently utilized in the creation of herbal supplements, cough syrups, and throat lozenges. Licorice powder is a popular component in skincare products such as masks, lotions, and creams because of its anti-inflammatory and skin-brightening qualities. Its incorporation into these formulas highlights its popularity in the personal care sector, appealing to customers looking for safe and efficient skincare products.

In Germany, the food and beverage industry is clearly the largest market for licorice. A common flavoring and sweetening ingredient in a wide range of confectionary goods is licorice. In Germany, the pharmaceutical industry is another important market for licorice. Because of its therapeutic qualities, such as its anti-inflammatory, expectorant, and calming effects, licorice is a useful component in many pharmaceutical medicines. Due to its ability to enhance flavor, licorice is also widely utilized in the German tobacco business. Because of its ability to soothe skin and reduce inflammation, licorice extracts are highly prized in the cosmetics and personal care sectors. As a result, they are frequently used in skincare products including serums, lotions, and creams.



Companies Mentioned:
Mars Wrigley Confectionery, div. of Mars Inc., Ferrero Group, Haribo GmbH & Co. K.G., Perfetti Van Melle, Meiji Co. Ltd., Nestle SA, Hershey Co., Lotte Confectionery Co Ltd, Mondelez International, Lindt & Sprungli AG

Considered in this report
• Historical Year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

Aspects Covered in the report:
• Licorice Market Size By Value for the time period (2018-2029F)
• Market Share by Type (Black Licorice, Fruit Flavoured Candy, Anise & Apples, Cinnamon) By Value
• Market Share by Form (Powder, Liquid, Block) By Value
• Market Share by Applications (Food & Beverages, Pharmaceuticals, Tobacco and Others) By Value

By Type
• Black Licorice
• Fruit Flavoured Candy
• Anise & Apples
• Cinnamon

By Form
• Powder
• Liquid
• Block

By Application
• Food & Beverages
• Pharmaceuticals
• Tobacco
• Others

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to sugar confectionery industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.