Licorice Candy Market Report 2031 by Segments, Geography, Dynamics, Recent Developments, and Strategic Insights

Historic Data: 2021-2023 | Base Year: 2024 | Forecast Period: 2025-2031

Coverage: Licorice Candy Market covers analysis by Product (Black Pure Licorice, Multiple Layer Candy with Licorice, Others); End User (Restaurants and Hotels, Schools and Institutions, Recreational and Sports Centers, Household Consumption, Others); Packaging (Cans, Jars, Bottles, Others); Sales Channel (Direct Sales, Indirect Sales) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

Report Date : Nov 2025
Report Code : TIPRE00013414

Category : Food and Beverages
Status : Upcoming

Available Report Formats :
No. of Pages : 150

Also Available in :

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Page Updated: Jul 2025

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The Licorice Candy Market is expected to register a CAGR of XX% from 2025 to 2031, with a market size expanding from US$ XX Million in 2024 to US$ XX Million by 2031.

The report is categorized by Product (Black Pure Licorice, Multiple Layer Candy with Licorice) and further analyzes the market based on End User (Restaurants and Hotels, Schools and Institutions, Recreational and Sports Centers, Household Consumption). It also examines the market by Packaging (Cans, Jars, Bottles) and Industry Sales Channel (Direct Sales, Indirect Sales).A comprehensive breakdown is provided at global, regional, and country levels for each of these key segments.

The report includes market size and forecasts across all segments, presenting values in USD. It also delivers key statistics on the current market status of leading players, along with insights into prevailing market trends and emerging opportunities.

Purpose of the Report

The report Licorice Candy Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Licorice Candy Market Segmentation

Product

Black Pure Licorice
Multiple Layer Candy with Licorice

End User

Restaurants and Hotels
Schools and Institutions
Recreational and Sports Centers
Household Consumption

Packaging

Cans
Jars
Bottles

Sales Channel

Direct Sales
Indirect Sales

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Licorice Candy Market: Strategic Insights

Get Top Key Market Trends of this report.
This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Licorice Candy Market Growth Drivers

Sweetening the Deal: Unique Flavors Captivate Candy Lovers
Nostalgic Treats: Reviving Classic Licorice for Modern Palates
Health-Conscious Choices: Natural Ingredients Boost Licorice Appeal

Licorice Candy Market Future Trends

Licorice Candy Goes Organic: A Sweet Shift Towards Healthier Treats
Innovative Flavors: Licorice Candy Embraces Global Taste Trends
Eco-Friendly Packaging: Licorice Brands Lead in Sustainability Efforts

Licorice Candy Market Opportunities

Sweeten Your Day: Explore the Growing Licorice Candy Market
Unique Flavors: Discover Artisan Licorice for Gourmet Lovers
Health-Conscious Treats: Dive into Natural Licorice Options

Licorice Candy Market Regional Insights

The regional trends and factors influencing the Licorice Candy Market throughout the forecast period have been thoroughly explained by the analysts at The Insight Partners. This section also discusses Licorice Candy Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Licorice Candy Market Report Scope

Report Attribute	Details
Market size in 2024	US$ XX Million
Market Size by 2031	US$ XX Million
Global CAGR (2025 - 2031)	XX%
Historical Data	2021-2023
Forecast period	2025-2031
Segments Covered	By Product Black Pure Licorice Multiple Layer Candy with Licorice By End User Restaurants and Hotels Schools and Institutions Recreational and Sports Centers Household Consumption By Packaging Cans Jars Bottles By Sales Channel Direct Sales Indirect Sales
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	THE OLD TIME CANDY COMPANY American Licorice Company Gimbal's Fine Candy Kennyscandy Kookaburra Liquorice Licorice International Inc. Perfetti Van Melle Inc. Sweet Gourmet Switzer Candy Company, Inc

Licorice Candy Market Players Density: Understanding Its Impact on Business Dynamics

The Licorice Candy Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Get the Licorice Candy Market top key players overview

Key Selling Points

Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Licorice Candy Market, providing a holistic landscape.
Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

The research report on the Licorice Candy Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.

Research Manager

Habi Ummer

Manager,
Market Research & Consulting

Habi is a seasoned Market Research Analyst with 8 years of experience specializing in the Chemicals and Materials sector, with additional expertise in the Food & Beverages and Consumer Goods industries. He is a Chemical Engineer from Vishwakarma Institute of Technology (VIT) and has developed deep domain knowledge across industrial and specialty chemicals, paints and coatings, paper and packaging, lubricants, and consumer products. Habi’s core competencies include market sizing and forecasting, competitive benchmarking, trend analysis, client engagement, report writing, and team coordination—making him adept at delivering actionable insights and supporting strategic decision-making.

What are the Licorice Candy Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

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