Global and United States Licorice Candy Market Insights, Forecast to 2027

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.
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%.

Market Analysis and Insights: Global and United States Licorice Candy Market
This report focuses on global and United States Licorice Candy market.
In 2020, the global Licorice Candy market size was US$ 1496.2 million and it is expected to reach US$ 2053.3 million by the end of 2027, with a CAGR of 4.6% during 2021-2027. In United States the Licorice Candy market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Licorice Candy Scope and Market Size
Licorice Candy market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Licorice Candy market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For United States market, this report focuses on the Licorice Candy market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in United States.

Segment by Type
Original Black Licorice
Fruit Flavored Candy

On the basis of product

type, the fruit flavored candy segment is projected to account for the largest market share during the forecast period; this segment was estimated to account for 59.53% market share in 2019.

Segment by Application
Supermarket
Online Sales
Convenient Store
In the sales channels segment, the supermarket segment was estimated to account for the highest market share of 64.41% in 2019. Followed by convenient store, which accounted for 25.21%.

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