| Product Code: ETC6400249 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Benin`s import trend for licorice root in the benin market showed a notable growth rate of 85.19% from 2023 to 2024, while the compound annual growth rate (CAGR) from 2020 to 2024 was -6.71%. This fluctuation could be attributed to shifts in demand dynamics or changes in trade policies impacting the 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 Benin Licorice Root Market Overview |
3.1 Benin Country Macro Economic Indicators |
3.2 Benin Licorice Root Market Revenues & Volume, 2022 & 2032F |
3.3 Benin Licorice Root Market - Industry Life Cycle |
3.4 Benin Licorice Root Market - Porter's Five Forces |
3.5 Benin Licorice Root Market Revenues & Volume Share, By Product Form, 2022 & 2032F |
3.6 Benin Licorice Root Market Revenues & Volume Share, By Product Type, 2022 & 2032F |
3.7 Benin Licorice Root Market Revenues & Volume Share, By Function Type, 2022 & 2032F |
3.8 Benin Licorice Root Market Revenues & Volume Share, By Grade Type, 2022 & 2032F |
3.9 Benin Licorice Root Market Revenues & Volume Share, By Raw Material Type, 2022 & 2032F |
3.10 Benin Licorice Root Market Revenues & Volume Share, By Ingredient Type, 2022 & 2032F |
3.11 Benin Licorice Root Market Revenues & Volume Share, By End User, 2022 & 2032F |
4 Benin Licorice Root Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Benin Licorice Root Market Trends |
6 Benin Licorice Root Market, By Types |
6.1 Benin Licorice Root Market, By Product Form |
6.1.1 Overview and Analysis |
6.1.2 Benin Licorice Root Market Revenues & Volume, By Product Form, 2022-2032F |
6.1.3 Benin Licorice Root Market Revenues & Volume, By Roots, 2022-2032F |
6.1.4 Benin Licorice Root Market Revenues & Volume, By Extracts, 2022-2032F |
6.2 Benin Licorice Root Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Benin Licorice Root Market Revenues & Volume, By Essential Oils, 2022-2032F |
6.2.3 Benin Licorice Root Market Revenues & Volume, By Liquid Malt Extract, 2022-2032F |
6.2.4 Benin Licorice Root Market Revenues & Volume, By Oleoresins, 2022-2032F |
6.2.5 Benin Licorice Root Market Revenues & Volume, By Herbs and Spices Dry Malt Extract, 2022-2032F |
6.2.6 Benin Licorice Root Market Revenues & Volume, By Malt Flour, 2022-2032F |
6.3 Benin Licorice Root Market, By Function Type |
6.3.1 Overview and Analysis |
6.3.2 Benin Licorice Root Market Revenues & Volume, By Performance Enhancers, 2022-2032F |
6.3.3 Benin Licorice Root Market Revenues & Volume, By Palatability Enhancers, 2022-2032F |
6.4 Benin Licorice Root Market, By Grade Type |
6.4.1 Overview and Analysis |
6.4.2 Benin Licorice Root Market Revenues & Volume, By Standard Malt, 2022-2032F |
6.4.3 Benin Licorice Root Market Revenues & Volume, By Caramelized Malt, 2022-2032F |
6.4.4 Benin Licorice Root Market Revenues & Volume, By Roasted Malt, 2022-2032F |
6.5 Benin Licorice Root Market, By Raw Material Type |
6.5.1 Overview and Analysis |
6.5.2 Benin Licorice Root Market Revenues & Volume, By Maize, 2022-2032F |
6.5.3 Benin Licorice Root Market Revenues & Volume, By Barley, 2022-2032F |
6.5.4 Benin Licorice Root Market Revenues & Volume, By Wheat, 2022-2032F |
6.5.5 Benin Licorice Root Market Revenues & Volume, By Rice, 2022-2032F |
6.5.6 Benin Licorice Root Market Revenues & Volume, By Rye, 2022-2032F |
6.5.7 Benin Licorice Root Market Revenues & Volume, By Oat, 2022-2032F |
6.6 Benin Licorice Root Market, By Ingredient Type |
6.6.1 Overview and Analysis |
6.6.2 Benin Licorice Root Market Revenues & Volume, By Lipids, 2022-2032F |
6.6.3 Benin Licorice Root Market Revenues & Volume, By Protein, 2022-2032F |
6.6.4 Benin Licorice Root Market Revenues & Volume, By Polysaccharide, 2022-2032F |
6.6.5 Benin Licorice Root Market Revenues & Volume, By Others, 2022-2032F |
6.7 Benin Licorice Root Market, By End User |
6.7.1 Overview and Analysis |
6.7.2 Benin Licorice Root Market Revenues & Volume, By Food and Beverage Industry, 2022-2032F |
6.7.3 Benin Licorice Root Market Revenues & Volume, By Tobacco Industry, 2022-2032F |
6.7.4 Benin Licorice Root Market Revenues & Volume, By Cosmetic Industry, 2022-2032F |
6.7.5 Benin Licorice Root Market Revenues & Volume, By Cosmetic Industry, 2022-2032F |
6.7.6 Benin Licorice Root Market Revenues & Volume, By Dietary Supplement, 2022-2032F |
7 Benin Licorice Root Market Import-Export Trade Statistics |
7.1 Benin Licorice Root Market Export to Major Countries |
7.2 Benin Licorice Root Market Imports from Major Countries |
8 Benin Licorice Root Market Key Performance Indicators |
9 Benin Licorice Root Market - Opportunity Assessment |
9.1 Benin Licorice Root Market Opportunity Assessment, By Product Form, 2022 & 2032F |
9.2 Benin Licorice Root Market Opportunity Assessment, By Product Type, 2022 & 2032F |
9.3 Benin Licorice Root Market Opportunity Assessment, By Function Type, 2022 & 2032F |
9.4 Benin Licorice Root Market Opportunity Assessment, By Grade Type, 2022 & 2032F |
9.5 Benin Licorice Root Market Opportunity Assessment, By Raw Material Type, 2022 & 2032F |
9.6 Benin Licorice Root Market Opportunity Assessment, By Ingredient Type, 2022 & 2032F |
9.7 Benin Licorice Root Market Opportunity Assessment, By End User, 2022 & 2032F |
10 Benin Licorice Root Market - Competitive Landscape |
10.1 Benin Licorice Root Market Revenue Share, By Companies, 2025 |
10.2 Benin Licorice Root 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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