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Global Licorice Candy Market Size study, by Product Type (Original Black Licorice, Fruit Flavored Candy, Apple, Anise, Grape, Cinnamon, Grape, Strawberry, Others) by Packaging (Cans, Jars, Bottles, Others) by Sales Channel (Direct Sales, Indirect Sales, Modern Trade, Convenience Store, Departmental Store, Online Retailers, Traditional Grocery Store, Other Channels) by end use industries (Restaurants and Hotels, Schools and Institutions, Recreational and Sports Centers, Household Consumption, Others) and Regional Forecasts 2021-2027

  • BIZ4899608
  • 200 Pages
  • January 2022
  • Food and Beverages
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Global Licorice Candy Market is valued approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2021-2027. Licorice candies are made from licorice extracts obtained from a flowering plant of the bean family Fabaceae, which is mainly found in Western Asia, North Africa, and Southern Europe. Licorice candies are found to be helpful in treating conditions such as eczema, tooth decay, and sore throat. Licorice roots also have proven beneficial in cleaning respiratory systems. Growing demand for plant-based foods and rising health consciousness among consumers are key drivers for the growth of Licorice Candy market. For instance, according to The Good Food Institute, USA retail sales of plant-based foods in USA reached to USD 7 billion in the year 2020, indicating growth of 27 percent from the year 2019. In 2020, 57 percent of all U.S. households purchased plant-based foods (approximately 71 million households) as compared to 53 percent household in the year 2019. Also, as per India Brand Equity Forum- the markets for medical plants in India is estimated at USD 0.056 billion in the year 2019 and it is expected to increase at a CAGR 38.5% and would reach to USD 0.188 billion by the year 2026. Also, with the increasing adoption from pharmaceutical industry and shifting trend towards healthy eating, the adoption & demand for Licorice Candy is likely to increase the market growth during the forecast period. However, volatile costs of raw material, impedes the growth of the market over the forecast period of 2021-2027.

The key regions considered for the global Licorice Candy market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to increasing demand for healthy products from the consumers in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period 2021-2027. Factors such as growing pharmaceutical industry and shifting consumer preference in the region would create lucrative growth prospects for the Licorice Candy market across Asia-Pacific region.

Major market player included in this report are:

The Old Time Candy Company

Gimbal's Fine Candy

Kenny's Candy Company, Inc.

Red Vines

Kookaburra Liquorice

AirHeads

Candy Crate Inc.

American Licorice Company

The Hershey Company

Darrell Lea

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:

Original Black Licorice

Fruit Flavored Candy

Apple

Anise

Grape

Cinnamon

Grape

Strawberry

Others

By Packaging:

Cans

Jars

Bottles

Others

By Sales Channel:

Direct Sales

Indirect Sales

Modern Trade

Convenience Store

Departmental Store

Online Retailers

Traditional Grocery Store

Other Channels

By End Use Industries:

Restaurants and Hotels

Schools and Institutions

Recreational and Sports Centers

Household Consumption

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019

Base year – 2020

Forecast period – 2021 to 2027

Target Audience of the Global Licorice Candy Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)

1.2.1. Licorice Candy Market, by Region, 2019-2027 (USD Billion)

1.2.2. Licorice Candy Market, by Product Type, 2019-2027 (USD Billion)

1.2.3. Licorice Candy Market, by Packaging Type, 2019-2027 (USD Billion)

1.2.4. Licorice Candy Market, by Sales Channel, 2019-2027 (USD Billion)

1.2.5. Licorice Candy Market, by End Use Industries, 2019-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Licorice Candy Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Licorice Candy Market Dynamics

3.1. Licorice Candy Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Growing demand for plant-based foods.

3.1.1.2. Rising health consciousness among consumers

3.1.2. Market Challenges

3.1.2.1. Volatile Raw material Cost.

3.1.3. Market Opportunities

3.1.3.1. Growing adoption from pharmaceutical industry.

3.1.3.2. Shifting trend towards healthy eating.

Chapter 4. Global Licorice Candy Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

4.5. Top investment opportunity

4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry

5.1.2. Pre COVID-19 and post COVID-19 market scenario

Chapter 6. Global Licorice Candy Market, by Product Type

6.1. Market Snapshot

6.2. Global Licorice Candy Market by Product Type, Performance - Potential Analysis

6.3. Global Licorice Candy Market Estimates & Forecasts by Product Type 2018-2027 (USD Billion)

6.4. Licorice Candy Market, Sub Segment Analysis

6.4.1. Original Black Licorice

6.4.2. Fruit Flavored Candy

6.4.3. Apple

6.4.4. Anise

6.4.5. Grape

6.4.6. Cinnamon

6.4.7. Grape

6.4.8. Strawberry

6.4.9. Others

Chapter 7. Global Licorice Candy Market, by Packaging

7.1. Market Snapshot

7.2. Global Licorice Candy Market by Packaging, Performance - Potential Analysis

7.3. Global Licorice Candy Market Estimates & Forecasts by Packaging 2018-2027 (USD Billion)

7.4. Licorice Candy Market, Sub Segment Analysis

7.4.1. Cans

7.4.2. Jars

7.4.3. Bottles

7.4.4. Others

Chapter 8. Global Licorice Candy Market, by Sales Channel

8.1. Market Snapshot

8.2. Global Licorice Candy Market by Sales Channel, Performance - Potential Analysis

8.3. Global Licorice Candy Market Estimates & Forecasts by Sales Channel 2018-2027 (USD Billion)

8.4. Licorice Candy Market, Sub Segment Analysis

8.4.1. Direct Sales

8.4.2. Indirect Sales

8.4.3. Modern Trade

8.4.4. Convenience Store

8.4.5. Departmental Store

8.4.6. Online Retailers

8.4.7. Traditional Grocery Store

8.4.8. Other Channels

Chapter 9. Global Licorice Candy Market, by End Use Industries

9.1. Market Snapshot

9.2. Global Licorice Candy Market by End Use Industries, Performance - Potential Analysis

9.3. Global Licorice Candy Market Estimates & Forecasts by End Use Industries 2018-2027 (USD Billion)

9.4. Licorice Candy Market, Sub Segment Analysis

9.4.1. Restaurants and Hotels

9.4.2. Schools and Institutions

9.4.3. Recreational and Sports Centers

9.4.4. Household Consumption

9.4.5. Others

Chapter 10. Global Licorice Candy Market, Regional Analysis

10.1. Licorice Candy Market, Regional Market Snapshot

10.2. North America Licorice Candy Market

10.2.1. U.S. Licorice Candy Market

10.2.1.1. Product Type breakdown estimates & forecasts, 2018-2027

10.2.1.2. Packaging breakdown estimates & forecasts, 2018-2027

10.2.1.3. Sales Channel breakdown estimates & forecasts, 2018-2027

10.2.1.4. End Use Industries breakdown estimates & forecasts, 2018-2027

10.2.2. Canada Licorice Candy Market

10.3. Europe Licorice Candy Market Snapshot

10.3.1. U.K. Licorice Candy Market

10.3.2. Germany Licorice Candy Market

10.3.3. France Licorice Candy Market

10.3.4. Spain Licorice Candy Market

10.3.5. Italy Licorice Candy Market

10.3.6. Rest of Europe Licorice Candy Market

10.4. Asia-Pacific Licorice Candy Market Snapshot

10.4.1. China Licorice Candy Market

10.4.2. India Licorice Candy Market

10.4.3. Japan Licorice Candy Market

10.4.4. Australia Licorice Candy Market

10.4.5. South Korea Licorice Candy Market

10.4.6. Rest of Asia Pacific Licorice Candy Market

10.5. Latin America Licorice Candy Market Snapshot

10.5.1. Brazil Licorice Candy Market

10.5.2. Mexico Licorice Candy Market

10.6. Rest of The World Licorice Candy Market

Chapter 11. Competitive Intelligence

11.1. Top Market Strategies

11.2. Company Profiles

11.2.1. The Old Time Candy Company

11.2.1.1. Key Information

11.2.1.2. Overview

11.2.1.3. Financial (Subject to Data Availability)

11.2.1.4. Product Summary

11.2.1.5. Recent Developments

11.2.2. Gimbal's Fine Candy

11.2.3. Kenny's Candy Company, Inc.

11.2.4. Red Vines

11.2.5. Kookaburra Liquorice

11.2.6. AirHeads

11.2.7. Candy Crate Inc.

11.2.8. American Licorice Company

11.2.9. The Hershey Company

11.2.10. Darrell Lea

Chapter 12. Research Process

12.1. Research Process

12.1.1. Data Mining

12.1.2. Analysis

12.1.3. Market Estimation

12.1.4. Validation

12.1.5. Publishing

12.2. Research Attributes

12.3. Research Assumption

List of Tables

TABLE 1. Global Licorice Candy market, report scope

TABLE 2. Global Licorice Candy market estimates & forecasts by Region 2018-2027 (USD Billion)

TABLE 3. Global Licorice Candy market estimates & forecasts by Product Type 2018-2027 (USD Billion)

TABLE 4. Global Licorice Candy market estimates & forecasts by Packaging 2018-2027 (USD Billion)

TABLE 5. Global Licorice Candy market estimates & forecasts by Sales Channel 2018-2027 (USD Billion)

TABLE 6. Global Licorice Candy market estimates & forecasts by End Use Industries 2018-2027 (USD Billion)

TABLE 7. Global Licorice Candy market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 8. Global Licorice Candy market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 9. Global Licorice Candy market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 10. Global Licorice Candy market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 11. Global Licorice Candy market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 12. Global Licorice Candy market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 13. Global Licorice Candy market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 14. Global Licorice Candy market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 15. Global Licorice Candy market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 16. Global Licorice Candy market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 17. U.S. Licorice Candy market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 18. U.S. Licorice Candy market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 19. U.S. Licorice Candy market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 20. Canada Licorice Candy market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 21. Canada Licorice Candy market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 22. Canada Licorice Candy market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 23. UK Licorice Candy market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 24. UK Licorice Candy market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 25. UK Licorice Candy market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 26. Germany Licorice Candy market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 27. Germany Licorice Candy market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 28. Germany Licorice Candy market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 29. RoE Licorice Candy market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 30. RoE Licorice Candy market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 31. RoE Licorice Candy market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 32. China Licorice Candy market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 33. China Licorice Candy market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 34. China Licorice Candy market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 35. India Licorice Candy market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 36. India Licorice Candy market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 37. India Licorice Candy market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 38. Japan Licorice Candy market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 39. Japan Licorice Candy market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 40. Japan Licorice Candy market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 41. RoAPAC Licorice Candy market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 42. RoAPAC Licorice Candy market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 43. RoAPAC Licorice Candy market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 44. Brazil Licorice Candy market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 45. Brazil Licorice Candy market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 46. Brazil Licorice Candy market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 47. Mexico Licorice Candy market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 48. Mexico Licorice Candy market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 49. Mexico Licorice Candy market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 50. RoLA Licorice Candy market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 51. RoLA Licorice Candy market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 52. RoLA Licorice Candy market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 53. Row Licorice Candy market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 54. Row Licorice Candy market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 55. Row Licorice Candy market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 56. List of secondary sources, used in the study of global Licorice Candy market

TABLE 57. List of primary sources, used in the study of global Licorice Candy market

TABLE 58. Years considered for the study

TABLE 59. Exchange rates considered

 
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