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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.
Background. 1  Most licorice root grows in Greece, Turkey, and Asia. Anise oil is often used instead of licorice root to flavor licorice candy. 2  Centuries ago, licorice root was used in Greece, China, and Egypt for stomach inflammation and upper respiratory problems. Licorice root also has been used as a sweetener.