Licorice root extract contains the antioxidant glabridin and licochalcone A. They both have powerful anti-aging and skin-soothing properties. ... Its anti-inflammatory properties mean that products containing licorice root extract are great choices to treat skin disorders. Helps with Hair Growth: Topical application as well as oral use of licorice tea is known to be beneficial for hair growth. It traps the essential moisture in the scalp, paving way for the lush growth of hair follicles. This, in turn, ensures you of radiant, lush tresses. Licorice root has a good reputation as being helpful for sensitive skin. Licorice root contains an active compound called “glabridin.” Licorice extract may also help diminish the appearance of dark under-eye circles, discoloration and age spots. A natural skin lightening alternative to chemical hydroquinone, licorice extract contains an active called glabridin, which inhibits tyrosinase, the enzyme that causes pigmentation in response to sun exposure.