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Major factors that are expected to boost the growth of the Licorice Extract Market in the forecast period

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  Licorice extracts based on licorice roots are employed as in medicines and comes in powdered or liquid form. The extract is made by boiling licorice roots (Glycyrrhiza glabra), which really is a plant native to the Mediterranean region. Apart from herbal medicines it's used as a sweetener and flavoring agent. The extract has antiviral, detoxification and anti-inflammatory properties. It's widely utilized in the meals industry while the extract is practically 50 times sweeter as compared to sugar. Increasing demand for herbal medicines, plant-based sweeteners, and growing awareness linked to sugar-free products is expected to drive growth of licorice extracts market throughout the forecast period. Major factors which are expected to improve the growth of the licorice extracts market in the forecast period are the rise in the usage of licorice roots in the different products, the rise in the sweetener in the meals products and the increase in the requirement for organic product
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