Product Code: ETC5002123 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Afghanistan Licorice Extract market currently, in 2023, has witnessed an HHI of 6331, Which has decreased slightly as compared to the HHI of 10000 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The licorice extract market in Afghanistan is experiencing notable growth, driven by the rising demand for natural ingredients in the food and beverage, pharmaceutical, and cosmetics industries. Licorice extract, known for its medicinal properties and sweet flavor, is increasingly being utilized as a natural sweetener and flavoring agent. Moreover, growing consumer awareness regarding the health benefits of herbal extracts is fueling market expansion.
The Afghanistan licorice extract market is witnessing growth due to the expanding applications of licorice extract in the food and beverage, pharmaceutical, and cosmetic industries. Licorice extract is valued for its natural sweetness and various health benefits, driving its incorporation into a wide range of products. Moreover, the growing consumer preference for natural and herbal ingredients is further boosting market demand.
Challenges in Afghanistan licorice extract market include fluctuating raw material availability, quality control issues, and limited processing facilities. Moreover, international competition and regulatory barriers in export markets may hinder the growth of local licorice extract producers.
Acknowledging the economic potential of licorice extract as a valuable commodity, the Afghan government has introduced policies to support sustainable cultivation, harvesting, and processing of licorice plants. These policies include agricultural subsidies, technical assistance programs, and quality standards to promote best practices in licorice production. Additionally, the government emphasizes the importance of fair trade practices and market access for licorice farmers and processors to ensure equitable benefits from the licorice extract market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Afghanistan Licorice Extract Market Overview |
3.1 Afghanistan Country Macro Economic Indicators |
3.2 Afghanistan Licorice Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Afghanistan Licorice Extract Market - Industry Life Cycle |
3.4 Afghanistan Licorice Extract Market - Porter's Five Forces |
3.5 Afghanistan Licorice Extract Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Afghanistan Licorice Extract Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Afghanistan Licorice Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Afghanistan Licorice Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Afghanistan Licorice Extract Market Trends |
6 Afghanistan Licorice Extract Market Segmentations |
6.1 Afghanistan Licorice Extract Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Afghanistan Licorice Extract Market Revenues & Volume, By Food Grade, 2021-2031F |
6.1.3 Afghanistan Licorice Extract Market Revenues & Volume, By Feed Grade, 2021-2031F |
6.1.4 Afghanistan Licorice Extract Market Revenues & Volume, By Pharmaceutical Grade, 2021-2031F |
6.2 Afghanistan Licorice Extract Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Afghanistan Licorice Extract Market Revenues & Volume, By Powder, 2021-2031F |
6.2.3 Afghanistan Licorice Extract Market Revenues & Volume, By Liquid, 2021-2031F |
6.2.4 Afghanistan Licorice Extract Market Revenues & Volume, By Block, 2021-2031F |
6.3 Afghanistan Licorice Extract Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Afghanistan Licorice Extract Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.3.3 Afghanistan Licorice Extract Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.3.4 Afghanistan Licorice Extract Market Revenues & Volume, By Tobacco, 2021-2031F |
6.3.5 Afghanistan Licorice Extract Market Revenues & Volume, By Others, 2021-2031F |
7 Afghanistan Licorice Extract Market Import-Export Trade Statistics |
7.1 Afghanistan Licorice Extract Market Export to Major Countries |
7.2 Afghanistan Licorice Extract Market Imports from Major Countries |
8 Afghanistan Licorice Extract Market Key Performance Indicators |
9 Afghanistan Licorice Extract Market - Opportunity Assessment |
9.1 Afghanistan Licorice Extract Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Afghanistan Licorice Extract Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Afghanistan Licorice Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Afghanistan Licorice Extract Market - Competitive Landscape |
10.1 Afghanistan Licorice Extract Market Revenue Share, By Companies, 2024 |
10.2 Afghanistan Licorice Extract Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |