| Product Code: ETC5002129 | Publication Date: Nov 2023 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Austria`s licorice extract market saw a notable increase in imports. This trend was driven by rising demand for licorice extract in various industries, indicating a growing reliance on imported products to meet domestic needs.

By 2027, the Licorice Extract market in Austria is anticipated to reach a growth rate of 0.25%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

Austria`s licorice extract market supplies this natural sweetener and flavoring agent for food, beverage, and pharmaceutical applications. Austrian manufacturers specialize in high-quality licorice extracts that meet stringent quality standards and consumer preferences for natural ingredients. The market emphasizes health benefits and culinary uses of licorice in diverse product formulations.
The Licorice Extract market in Austria is driven by the food and beverage industry`s demand for natural sweeteners and flavor enhancers. Austrian suppliers of licorice extract emphasize product quality, purity, and sustainable sourcing practices to meet consumer preferences for clean-label ingredients and innovative food formulations.
In the licorice extract market, challenges include fluctuating supply of licorice root due to weather conditions and agricultural pests, managing quality consistency in extraction processes, and navigating regulatory requirements for food and pharmaceutical applications.
Agricultural policies and food safety regulations significantly impact the licorice extract market in Austria. Government support for herbal farming and natural product industries drives the production and demand for licorice extract. Policies ensuring the safety and quality of food and pharmaceutical ingredients also influence market dynamics.
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 Austria Licorice Extract Market Overview |
3.1 Austria Country Macro Economic Indicators |
3.2 Austria Licorice Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Austria Licorice Extract Market - Industry Life Cycle |
3.4 Austria Licorice Extract Market - Porter's Five Forces |
3.5 Austria Licorice Extract Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Austria Licorice Extract Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Austria Licorice Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Austria 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 organic ingredients in food and pharmaceutical industries |
4.2.3 Rising popularity of licorice extract in traditional medicine practices |
4.3 Market Restraints |
4.3.1 Fluctuations in licorice crop yields due to weather conditions and environmental factors |
4.3.2 Regulatory challenges related to the use of licorice extract in certain products |
4.3.3 Competition from alternative natural sweeteners and herbal ingredients |
5 Austria Licorice Extract Market Trends |
6 Austria Licorice Extract Market Segmentations |
6.1 Austria Licorice Extract Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Austria Licorice Extract Market Revenues & Volume, By Food Grade, 2021-2031F |
6.1.3 Austria Licorice Extract Market Revenues & Volume, By Feed Grade, 2021-2031F |
6.1.4 Austria Licorice Extract Market Revenues & Volume, By Pharmaceutical Grade, 2021-2031F |
6.2 Austria Licorice Extract Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Austria Licorice Extract Market Revenues & Volume, By Powder, 2021-2031F |
6.2.3 Austria Licorice Extract Market Revenues & Volume, By Liquid, 2021-2031F |
6.2.4 Austria Licorice Extract Market Revenues & Volume, By Block, 2021-2031F |
6.3 Austria Licorice Extract Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Austria Licorice Extract Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.3.3 Austria Licorice Extract Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.3.4 Austria Licorice Extract Market Revenues & Volume, By Tobacco, 2021-2031F |
6.3.5 Austria Licorice Extract Market Revenues & Volume, By Others, 2021-2031F |
7 Austria Licorice Extract Market Import-Export Trade Statistics |
7.1 Austria Licorice Extract Market Export to Major Countries |
7.2 Austria Licorice Extract Market Imports from Major Countries |
8 Austria Licorice Extract Market Key Performance Indicators |
8.1 Percentage increase in demand for licorice extract in food and beverage products |
8.2 Number of new product launches containing licorice extract |
8.3 Growth in the number of licorice extract suppliers obtaining organic certifications |
9 Austria Licorice Extract Market - Opportunity Assessment |
9.1 Austria Licorice Extract Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Austria Licorice Extract Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Austria Licorice Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Austria Licorice Extract Market - Competitive Landscape |
10.1 Austria Licorice Extract Market Revenue Share, By Companies, 2024 |
10.2 Austria Licorice Extract Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here