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LICORICE. Licorice root contains a substance called glycyrrhizin that is 50 times sweeter than ordinary sugar. Spain is the largest producer of licorice. 90% of the licorice used as a flavoring is used to flavor tobacco. Licorice candy contains small amounts of licorice, but the main flavor ingredient of licorice candy is anise. Carbenoxolone, a compound derived from licorice root, has been used to help healing of peptic ulcers.
Licorice is a plant. You are probably most familiar with it as a flavoring in foods, beverages, and tobacco. The root is used to make medicine. Licorice is used for various digestive system complaints including stomach ulcers, heartburn, colic, and ongoing inflammation of the lining of the stomach (chronic gastritis). High cholesterol. 2  Early research suggests that taking licorice root extract daily for 1 month reduces total cholesterol, low-density lipoprotein (LDL or âbadâ) cholesterol, and triglyceride levels in people with high cholesterol.