Product Code: ETC5002126 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Angola Licorice Extract market currently, in 2023, has witnessed an HHI of 10000, Which has decreased substantially 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 Angola is driven by its applications in food, pharmaceuticals, and cosmetics. Licorice extract is valued for its flavoring and medicinal properties.
The market for licorice extract in Angola is growing due to its use in the food, pharmaceutical, and cosmetic industries. The demand for natural and herbal products drives market growth.
The licorice extract market in Angola is hindered by the limited availability of raw materials and high production costs. Dependence on imports for licorice roots and advanced extraction technologies affects market growth. Additionally, low consumer awareness of licorice extract`s health benefits restricts market demand.
The licorice extract market is supported by governmental policies that promote natural products and sustainable agricultural practices. Initiatives encourage local cultivation and processing, helping to boost the economy while ensuring product quality.
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 Angola Licorice Extract Market Overview |
3.1 Angola Country Macro Economic Indicators |
3.2 Angola Licorice Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Angola Licorice Extract Market - Industry Life Cycle |
3.4 Angola Licorice Extract Market - Porter's Five Forces |
3.5 Angola Licorice Extract Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Angola Licorice Extract Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Angola Licorice Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Angola Licorice Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of licorice extract |
4.2.2 Growing demand for natural and plant-based ingredients in food and beverages |
4.2.3 Rising use of licorice extract in pharmaceuticals and nutraceuticals |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices affecting the production cost of licorice extract |
4.3.2 Regulatory challenges related to the use of licorice extract in certain products |
4.3.3 Competition from alternative sweeteners and flavoring agents |
5 Angola Licorice Extract Market Trends |
6 Angola Licorice Extract Market Segmentations |
6.1 Angola Licorice Extract Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Angola Licorice Extract Market Revenues & Volume, By Food Grade, 2021-2031F |
6.1.3 Angola Licorice Extract Market Revenues & Volume, By Feed Grade, 2021-2031F |
6.1.4 Angola Licorice Extract Market Revenues & Volume, By Pharmaceutical Grade, 2021-2031F |
6.2 Angola Licorice Extract Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Angola Licorice Extract Market Revenues & Volume, By Powder, 2021-2031F |
6.2.3 Angola Licorice Extract Market Revenues & Volume, By Liquid, 2021-2031F |
6.2.4 Angola Licorice Extract Market Revenues & Volume, By Block, 2021-2031F |
6.3 Angola Licorice Extract Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Angola Licorice Extract Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.3.3 Angola Licorice Extract Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.3.4 Angola Licorice Extract Market Revenues & Volume, By Tobacco, 2021-2031F |
6.3.5 Angola Licorice Extract Market Revenues & Volume, By Others, 2021-2031F |
7 Angola Licorice Extract Market Import-Export Trade Statistics |
7.1 Angola Licorice Extract Market Export to Major Countries |
7.2 Angola Licorice Extract Market Imports from Major Countries |
8 Angola Licorice Extract Market Key Performance Indicators |
8.1 Number of new product launches containing licorice extract |
8.2 Growth in demand for licorice extract across different end-use industries |
8.3 Research and development investments in enhancing the applications of licorice extract |
9 Angola Licorice Extract Market - Opportunity Assessment |
9.1 Angola Licorice Extract Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Angola Licorice Extract Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Angola Licorice Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Angola Licorice Extract Market - Competitive Landscape |
10.1 Angola Licorice Extract Market Revenue Share, By Companies, 2024 |
10.2 Angola Licorice Extract Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |