Since 1927 Panda has been producing licorice famous for its unique flavor and smoothness. The secret to this delicious licorice involves carefully cooking in a traditional way just four simple ingredients: molasses syrup, wheat flour, licorice extract and anise oil. Panda is a superior quality soft licorice made with natural colors and aromas. Contains less than 0.5% fat, without white sugar or preservatives. It is Kosher and is suitable for vegetarians and vegans.