| Product Code: ETC6350088 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Belgium continued to see significant import shipments of chicory extract, with top exporting countries including Metropolitan France, China, Spain, India, and Germany. Despite a low Herfindahl-Hirschman Index (HHI) indicating a lack of concentration among exporters, the industry experienced a slight decline with a compound annual growth rate (CAGR) of -2.82% from 2020 to 2024. However, there was a slight uptick in growth in 2024, with a growth rate of 1.55%, suggesting a potential rebound in the market for chicory extract imports in Belgium.

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 Belgium Chicory Extract Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Chicory Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Chicory Extract Market - Industry Life Cycle |
3.4 Belgium Chicory Extract Market - Porter's Five Forces |
3.5 Belgium Chicory Extract Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Belgium Chicory Extract Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Belgium Chicory Extract Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.8 Belgium Chicory Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Belgium Chicory Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Belgium Chicory Extract Market Trends |
6 Belgium Chicory Extract Market, By Types |
6.1 Belgium Chicory Extract Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Belgium Chicory Extract Market Revenues & Volume, By Grade, 2021- 2031F |
6.1.3 Belgium Chicory Extract Market Revenues & Volume, By Inulin, 2021- 2031F |
6.1.4 Belgium Chicory Extract Market Revenues & Volume, By Fructooligosaccharides (FOS), 2021- 2031F |
6.1.5 Belgium Chicory Extract Market Revenues & Volume, By Chicoric Acid, 2021- 2031F |
6.2 Belgium Chicory Extract Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Belgium Chicory Extract Market Revenues & Volume, By Powder, 2021- 2031F |
6.2.3 Belgium Chicory Extract Market Revenues & Volume, By Liquid, 2021- 2031F |
6.2.4 Belgium Chicory Extract Market Revenues & Volume, By Granulated, 2021- 2031F |
6.3 Belgium Chicory Extract Market, By Source |
6.3.1 Overview and Analysis |
6.3.2 Belgium Chicory Extract Market Revenues & Volume, By Root, 2021- 2031F |
6.3.3 Belgium Chicory Extract Market Revenues & Volume, By Leaves, 2021- 2031F |
6.4 Belgium Chicory Extract Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Belgium Chicory Extract Market Revenues & Volume, By Nutraceuticals & Pharmaceuticals, 2021- 2031F |
6.4.3 Belgium Chicory Extract Market Revenues & Volume, By Food & Beverages, 2021- 2031F |
6.4.4 Belgium Chicory Extract Market Revenues & Volume, By Cosmetics, 2021- 2031F |
6.4.5 Belgium Chicory Extract Market Revenues & Volume, By Animal Feed, 2021- 2031F |
7 Belgium Chicory Extract Market Import-Export Trade Statistics |
7.1 Belgium Chicory Extract Market Export to Major Countries |
7.2 Belgium Chicory Extract Market Imports from Major Countries |
8 Belgium Chicory Extract Market Key Performance Indicators |
9 Belgium Chicory Extract Market - Opportunity Assessment |
9.1 Belgium Chicory Extract Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Belgium Chicory Extract Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Belgium Chicory Extract Market Opportunity Assessment, By Source, 2021 & 2031F |
9.4 Belgium Chicory Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Belgium Chicory Extract Market - Competitive Landscape |
10.1 Belgium Chicory Extract Market Revenue Share, By Companies, 2024 |
10.2 Belgium Chicory 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.
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