Interestingly we're didn't taste much in the way of licorice in the product, but it's reasonably tasty.
Reading ingredients, it doesn't mention any actual licorice in the licorice swirl part, but does say "natural flavour" and "carbon black." lol
The natural flavour could be licorice extract, but you taste almost nothing of it. I think it's mostly just colour to hint at the idea of licorice. That might make it more appealing to young people who never developed an affinity for the flavour?