Belgium Licorice Root Market (2025-2031) | Value, Segmentation, Trends, Growth, Size & Revenue, Competitive Landscape, Industry, Outlook, Analysis, Forecast, Companies, Share

Market Forecast By Product Form (Roots, Extracts), By Product Type (Essential Oils, Liquid Malt Extract, Oleoresins, Herbs and Spices Dry Malt Extract, Malt Flour), By Function Type (Performance Enhancers, Palatability Enhancers), By Grade Type (Standard Malt, Caramelized Malt, Roasted Malt), By Raw Material Type (Maize, Barley, Wheat, Rice, Rye, Oat), By Ingredient Type (Lipids, Protein, Polysaccharide, Others), By End User (Food and Beverage Industry, Tobacco Industry, Pharmaceutical Industry, Cosmetic Industry, Dietary Supplement) And Competitive Landscape
Product Code: ETC6356989 Publication Date: Sep 2024 Updated Date: Oct 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Dhaval Chaurasia No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Belgium Licorice Root Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Belgium`s licorice root import market saw significant growth in 2024, with top exporting countries such as Metropolitan France, Switzerland, Spain, Netherlands, and Morocco leading the way. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), decreased from low to very low in 2024, indicating a more competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 15.11%, with a notable growth rate of 24.89% from 2023 to 2024. These trends suggest a thriving licorice root import market in Belgium with strong potential for further expansion.

Belgium Licorice Root Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Belgium Licorice Root Market Outlook
  • Market Size of Belgium Licorice Root Market, 2024
  • Forecast of Belgium Licorice Root Market, 2031
  • Historical Data and Forecast of Belgium Licorice Root Revenues & Volume for the Period 2021- 2031
  • Belgium Licorice Root Market Trend Evolution
  • Belgium Licorice Root Market Drivers and Challenges
  • Belgium Licorice Root Price Trends
  • Belgium Licorice Root Porter's Five Forces
  • Belgium Licorice Root Industry Life Cycle
  • Historical Data and Forecast of Belgium Licorice Root Market Revenues & Volume By Product Form for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Licorice Root Market Revenues & Volume By Roots for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Licorice Root Market Revenues & Volume By Extracts for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Licorice Root Market Revenues & Volume By Product Type for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Licorice Root Market Revenues & Volume By Essential Oils for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Licorice Root Market Revenues & Volume By Liquid Malt Extract for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Licorice Root Market Revenues & Volume By Oleoresins for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Licorice Root Market Revenues & Volume By Herbs and Spices Dry Malt Extract for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Licorice Root Market Revenues & Volume By Malt Flour for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Licorice Root Market Revenues & Volume By Function Type for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Licorice Root Market Revenues & Volume By Performance Enhancers for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Licorice Root Market Revenues & Volume By Palatability Enhancers for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Licorice Root Market Revenues & Volume By Grade Type for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Licorice Root Market Revenues & Volume By Standard Malt for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Licorice Root Market Revenues & Volume By Caramelized Malt for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Licorice Root Market Revenues & Volume By Roasted Malt for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Licorice Root Market Revenues & Volume By Raw Material Type for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Licorice Root Market Revenues & Volume By Maize for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Licorice Root Market Revenues & Volume By Barley for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Licorice Root Market Revenues & Volume By Wheat for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Licorice Root Market Revenues & Volume By Rice for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Licorice Root Market Revenues & Volume By Rye for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Licorice Root Market Revenues & Volume By Oat for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Licorice Root Market Revenues & Volume By Ingredient Type for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Licorice Root Market Revenues & Volume By Lipids for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Licorice Root Market Revenues & Volume By Protein for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Licorice Root Market Revenues & Volume By Polysaccharide for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Licorice Root Market Revenues & Volume By Others for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Licorice Root Market Revenues & Volume By End User for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Licorice Root Market Revenues & Volume By Food and Beverage Industry for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Licorice Root Market Revenues & Volume By Tobacco Industry for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Licorice Root Market Revenues & Volume By Pharmaceutical Industry for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Licorice Root Market Revenues & Volume By Cosmetic Industry for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Licorice Root Market Revenues & Volume By Dietary Supplement for the Period 2021- 2031
  • Belgium Licorice Root Import Export Trade Statistics
  • Market Opportunity Assessment By Product Form
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Function Type
  • Market Opportunity Assessment By Grade Type
  • Market Opportunity Assessment By Raw Material Type
  • Market Opportunity Assessment By Ingredient Type
  • Market Opportunity Assessment By End User
  • Belgium Licorice Root Top Companies Market Share
  • Belgium Licorice Root Competitive Benchmarking By Technical and Operational Parameters
  • Belgium Licorice Root Company Profiles
  • Belgium Licorice Root Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Belgium Licorice Root Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Belgium Licorice Root Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Licorice Root Market Overview

3.1 Belgium Country Macro Economic Indicators

3.2 Belgium Licorice Root Market Revenues & Volume, 2021 & 2031F

3.3 Belgium Licorice Root Market - Industry Life Cycle

3.4 Belgium Licorice Root Market - Porter's Five Forces

3.5 Belgium Licorice Root Market Revenues & Volume Share, By Product Form, 2021 & 2031F

3.6 Belgium Licorice Root Market Revenues & Volume Share, By Product Type, 2021 & 2031F

3.7 Belgium Licorice Root Market Revenues & Volume Share, By Function Type, 2021 & 2031F

3.8 Belgium Licorice Root Market Revenues & Volume Share, By Grade Type, 2021 & 2031F

3.9 Belgium Licorice Root Market Revenues & Volume Share, By Raw Material Type, 2021 & 2031F

3.10 Belgium Licorice Root Market Revenues & Volume Share, By Ingredient Type, 2021 & 2031F

3.11 Belgium Licorice Root Market Revenues & Volume Share, By End User, 2021 & 2031F

4 Belgium Licorice Root Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Belgium Licorice Root Market Trends

6 Belgium Licorice Root Market, By Types

6.1 Belgium Licorice Root Market, By Product Form

6.1.1 Overview and Analysis

6.1.2 Belgium Licorice Root Market Revenues & Volume, By Product Form, 2021- 2031F

6.1.3 Belgium Licorice Root Market Revenues & Volume, By Roots, 2021- 2031F

6.1.4 Belgium Licorice Root Market Revenues & Volume, By Extracts, 2021- 2031F

6.2 Belgium Licorice Root Market, By Product Type

6.2.1 Overview and Analysis

6.2.2 Belgium Licorice Root Market Revenues & Volume, By Essential Oils, 2021- 2031F

6.2.3 Belgium Licorice Root Market Revenues & Volume, By Liquid Malt Extract, 2021- 2031F

6.2.4 Belgium Licorice Root Market Revenues & Volume, By Oleoresins, 2021- 2031F

6.2.5 Belgium Licorice Root Market Revenues & Volume, By Herbs and Spices Dry Malt Extract, 2021- 2031F

6.2.6 Belgium Licorice Root Market Revenues & Volume, By Malt Flour, 2021- 2031F

6.3 Belgium Licorice Root Market, By Function Type

6.3.1 Overview and Analysis

6.3.2 Belgium Licorice Root Market Revenues & Volume, By Performance Enhancers, 2021- 2031F

6.3.3 Belgium Licorice Root Market Revenues & Volume, By Palatability Enhancers, 2021- 2031F

6.4 Belgium Licorice Root Market, By Grade Type

6.4.1 Overview and Analysis

6.4.2 Belgium Licorice Root Market Revenues & Volume, By Standard Malt, 2021- 2031F

6.4.3 Belgium Licorice Root Market Revenues & Volume, By Caramelized Malt, 2021- 2031F

6.4.4 Belgium Licorice Root Market Revenues & Volume, By Roasted Malt, 2021- 2031F

6.5 Belgium Licorice Root Market, By Raw Material Type

6.5.1 Overview and Analysis

6.5.2 Belgium Licorice Root Market Revenues & Volume, By Maize, 2021- 2031F

6.5.3 Belgium Licorice Root Market Revenues & Volume, By Barley, 2021- 2031F

6.5.4 Belgium Licorice Root Market Revenues & Volume, By Wheat, 2021- 2031F

6.5.5 Belgium Licorice Root Market Revenues & Volume, By Rice, 2021- 2031F

6.5.6 Belgium Licorice Root Market Revenues & Volume, By Rye, 2021- 2031F

6.5.7 Belgium Licorice Root Market Revenues & Volume, By Oat, 2021- 2031F

6.6 Belgium Licorice Root Market, By Ingredient Type

6.6.1 Overview and Analysis

6.6.2 Belgium Licorice Root Market Revenues & Volume, By Lipids, 2021- 2031F

6.6.3 Belgium Licorice Root Market Revenues & Volume, By Protein, 2021- 2031F

6.6.4 Belgium Licorice Root Market Revenues & Volume, By Polysaccharide, 2021- 2031F

6.6.5 Belgium Licorice Root Market Revenues & Volume, By Others, 2021- 2031F

6.7 Belgium Licorice Root Market, By End User

6.7.1 Overview and Analysis

6.7.2 Belgium Licorice Root Market Revenues & Volume, By Food and Beverage Industry, 2021- 2031F

6.7.3 Belgium Licorice Root Market Revenues & Volume, By Tobacco Industry, 2021- 2031F

6.7.4 Belgium Licorice Root Market Revenues & Volume, By Cosmetic Industry, 2021- 2031F

6.7.5 Belgium Licorice Root Market Revenues & Volume, By Cosmetic Industry, 2021- 2031F

6.7.6 Belgium Licorice Root Market Revenues & Volume, By Dietary Supplement, 2021- 2031F

7 Belgium Licorice Root Market Import-Export Trade Statistics

7.1 Belgium Licorice Root Market Export to Major Countries

7.2 Belgium Licorice Root Market Imports from Major Countries

8 Belgium Licorice Root Market Key Performance Indicators

9 Belgium Licorice Root Market - Opportunity Assessment

9.1 Belgium Licorice Root Market Opportunity Assessment, By Product Form, 2021 & 2031F

9.2 Belgium Licorice Root Market Opportunity Assessment, By Product Type, 2021 & 2031F

9.3 Belgium Licorice Root Market Opportunity Assessment, By Function Type, 2021 & 2031F

9.4 Belgium Licorice Root Market Opportunity Assessment, By Grade Type, 2021 & 2031F

9.5 Belgium Licorice Root Market Opportunity Assessment, By Raw Material Type, 2021 & 2031F

9.6 Belgium Licorice Root Market Opportunity Assessment, By Ingredient Type, 2021 & 2031F

9.7 Belgium Licorice Root Market Opportunity Assessment, By End User, 2021 & 2031F

10 Belgium Licorice Root Market - Competitive Landscape

10.1 Belgium Licorice Root Market Revenue Share, By Companies, 2024

10.2 Belgium Licorice Root Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

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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