Licorice extract (LICORICE) contains glycyrrhizin, a colorless solid saponin with the formula C42H62O16 and is the main component of licorice root extract. This product is used in the treatment of lung, urinary, biliary, immune system and allergy diseases and the treatment of stomach, intestinal and duodenal ulcers, liver failure. Licorice extract prevents the replication of the HIV virus in AIDS patients and its antimicrobial properties It has anti-tumor and antioxidant properties. This extract is used as a sweetener in the food industry, including confectionery and soft drinks, and is used in cosmetic products and sunscreens. This product is obtained by the solvent extraction technique from licorice root and can be used in food and beverage industries, cosmetics and pharmaceuticals.