Cameroon Licorice Extract Market (2025-2031) | Size, Share, Revenue, Trends, Growth, Segmentation, Value, Forecast, Outlook, Companies, Industry & Analysis

Name: Cameroon Licorice Extract Market (2025-2031) | Trends, Outlook & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Licorice Extract Market, Cameroon Licorice Extract Market, Cameroon Licorice Extract Market Revenues, Cameroon Licorice Extract Market Share, Cameroon Licorice Extract Market Size, Cameroon Licorice Extract Market Outlook, Cameroon Licorice Extract Market Report, Cameroon Licorice Extract Market Competition, Cameroon Licorice Extract Market Overview, Cameroon Licorice Extract Market Trends, Cameroon Licorice Extract Market Forecast

Market Forecast By Product Type (Food Grade, Feed Grade, Pharmaceutical Grade), By Form (Powder, Liquid, Block), By Application (Food & Beverages, Pharmaceutical, Tobacco, Others) And Competitive Landscape

Product Code: ETC5002144	Publication Date: Nov 2023	Updated Date: Dec 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Sachin Kumar Rai	No. of Pages: 60	No. of Figures: 30	No. of Tables: 5

Cameroon Licorice Extract Market: Top 5 Importing Countries and Market Competition (HHI) Analysis

Cameroon licorice extract import market saw significant growth in 2023, with Italy, China, South Africa, India, and France leading the way as top exporters. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting strong competition among these key players. With a remarkable compound annual growth rate (CAGR) of 329.44% and a growth rate of 226.08%, the market shows promising opportunities for both current and potential exporters looking to capitalize on Cameroon demand for licorice extract.

Cameroon Licorice Extract Market Import Shipment by Countries (Top 5) & Competition (HHI)

Licorice Extract Market: Cameroon vs Top 5 Major Economies in 2027 (Africa)

By 2027, Cameroon's Licorice Extract market is forecasted to achieve a growing growth rate of 7.60%, with Egypt leading the Africa region, followed by South Africa, Algeria, Nigeria and Morocco.

Licorice Extract Market: Cameroon vs Top 5 Major Economies in 2027 (Africa)

Cameroon Licorice Extract Market Overview

The licorice extract market in Cameroon is developing, driven by its applications in the food, pharmaceutical, and cosmetic industries. Licorice extract is used for its flavoring, sweetening, and medicinal properties, catering to diverse consumer needs. Market growth is supported by increasing demand for natural ingredients and the rising trend of health-conscious consumption. However, challenges such as high import costs and limited local production may impact growth.

Drivers of the market

The Licorice Extract market in Cameroon is expanding as licorice extract is used in food and beverage products, pharmaceuticals, and cosmetics. Licorice extract is valued for its natural sweetness and health benefits. The market growth is driven by the increasing demand for natural and organic ingredients, advancements in licorice extraction technologies, and the rising popularity of licorice-based products.

Challenges of the market

The Licorice Extract Market in Cameroon faces challenges such as limited awareness and understanding of licorice extract`s applications across various industries, which affects demand. The market is also constrained by a lack of local production facilities, leading to dependency on imports. High costs and fluctuating prices of raw materials further impact profitability and stability.

Government Policy of the market

The government policy in Cameroon related to the Licorice Extract Market is focused on promoting the cultivation and processing of medicinal plants. The government provides support to farmers and processors through subsidies, technical assistance, and access to markets for licorice and other medicinal plants. Policies to promote research and development in herbal medicine are also in place to support the market. However, challenges such as limited access to high-quality seeds, inadequate processing facilities, and competition from imported extracts hinder market growth.

Key Highlights of the Report:

Cameroon Licorice Extract Market Outlook
Market Size of Cameroon Licorice Extract Market, 2024
Forecast of Cameroon Licorice Extract Market, 2031
Historical Data and Forecast of Cameroon Licorice Extract Revenues & Volume for the Period 2021-2031
Cameroon Licorice Extract Market Trend Evolution
Cameroon Licorice Extract Market Drivers and Challenges
Cameroon Licorice Extract Price Trends
Cameroon Licorice Extract Porter`s Five Forces
Cameroon Licorice Extract Industry Life Cycle
Historical Data and Forecast of Cameroon Licorice Extract Market Revenues & Volume By Product Type for the Period 2021-2031
Historical Data and Forecast of Cameroon Licorice Extract Market Revenues & Volume By Food Grade for the Period 2021-2031
Historical Data and Forecast of Cameroon Licorice Extract Market Revenues & Volume By Feed Grade for the Period 2021-2031
Historical Data and Forecast of Cameroon Licorice Extract Market Revenues & Volume By Pharmaceutical Grade for the Period 2021-2031
Historical Data and Forecast of Cameroon Licorice Extract Market Revenues & Volume By Form for the Period 2021-2031
Historical Data and Forecast of Cameroon Licorice Extract Market Revenues & Volume By Powder for the Period 2021-2031
Historical Data and Forecast of Cameroon Licorice Extract Market Revenues & Volume By Liquid for the Period 2021-2031
Historical Data and Forecast of Cameroon Licorice Extract Market Revenues & Volume By Block for the Period 2021-2031
Historical Data and Forecast of Cameroon Licorice Extract Market Revenues & Volume By Application for the Period 2021-2031
Historical Data and Forecast of Cameroon Licorice Extract Market Revenues & Volume By Food & Beverages for the Period 2021-2031
Historical Data and Forecast of Cameroon Licorice Extract Market Revenues & Volume By Pharmaceutical for the Period 2021-2031
Historical Data and Forecast of Cameroon Licorice Extract Market Revenues & Volume By Tobacco for the Period 2021-2031
Historical Data and Forecast of Cameroon Licorice Extract Market Revenues & Volume By Others for the Period 2021-2031
Cameroon Licorice Extract Import Export Trade Statistics
Market Opportunity Assessment By Product Type
Market Opportunity Assessment By Form
Market Opportunity Assessment By Application
Cameroon Licorice Extract Top Companies Market Share
Cameroon Licorice Extract Competitive Benchmarking By Technical and Operational Parameters
Cameroon Licorice Extract Company Profiles
Cameroon Licorice Extract Key Strategic Recommendations

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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 Cameroon Licorice Extract Market Overview

3.1 Cameroon Country Macro Economic Indicators

3.2 Cameroon Licorice Extract Market Revenues & Volume, 2021 & 2031F

3.3 Cameroon Licorice Extract Market - Industry Life Cycle

3.4 Cameroon Licorice Extract Market - Porter's Five Forces

3.5 Cameroon Licorice Extract Market Revenues & Volume Share, By Product Type, 2021 & 2031F

3.6 Cameroon Licorice Extract Market Revenues & Volume Share, By Form, 2021 & 2031F

3.7 Cameroon Licorice Extract Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Cameroon 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 beverage products

4.2.3 Rising use of licorice extract in the pharmaceutical industry for its medicinal properties

4.3 Market Restraints

4.3.1 Fluctuations in licorice crop yields due to weather conditions

4.3.2 Regulatory challenges related to the cultivation and processing of licorice extract

4.3.3 Price volatility of licorice extract due to supply-demand dynamics

5 Cameroon Licorice Extract Market Trends

6 Cameroon Licorice Extract Market Segmentations

6.1 Cameroon Licorice Extract Market, By Product Type

6.1.1 Overview and Analysis

6.1.2 Cameroon Licorice Extract Market Revenues & Volume, By Food Grade, 2021-2031F

6.1.3 Cameroon Licorice Extract Market Revenues & Volume, By Feed Grade, 2021-2031F

6.1.4 Cameroon Licorice Extract Market Revenues & Volume, By Pharmaceutical Grade, 2021-2031F

6.2 Cameroon Licorice Extract Market, By Form

6.2.1 Overview and Analysis

6.2.2 Cameroon Licorice Extract Market Revenues & Volume, By Powder, 2021-2031F

6.2.3 Cameroon Licorice Extract Market Revenues & Volume, By Liquid, 2021-2031F

6.2.4 Cameroon Licorice Extract Market Revenues & Volume, By Block, 2021-2031F

6.3 Cameroon Licorice Extract Market, By Application

6.3.1 Overview and Analysis

6.3.2 Cameroon Licorice Extract Market Revenues & Volume, By Food & Beverages, 2021-2031F

6.3.3 Cameroon Licorice Extract Market Revenues & Volume, By Pharmaceutical, 2021-2031F

6.3.4 Cameroon Licorice Extract Market Revenues & Volume, By Tobacco, 2021-2031F

6.3.5 Cameroon Licorice Extract Market Revenues & Volume, By Others, 2021-2031F

7 Cameroon Licorice Extract Market Import-Export Trade Statistics

7.1 Cameroon Licorice Extract Market Export to Major Countries

7.2 Cameroon Licorice Extract Market Imports from Major Countries

8 Cameroon Licorice Extract Market Key Performance Indicators

8.1 Average selling price of licorice extract in Cameroon

8.2 Number of new product launches containing licorice extract

8.3 Growth rate of licorice extract imports/exports in Cameroon

8.4 Research and development investment in licorice extract innovations

9 Cameroon Licorice Extract Market - Opportunity Assessment

9.1 Cameroon Licorice Extract Market Opportunity Assessment, By Product Type, 2021 & 2031F

9.2 Cameroon Licorice Extract Market Opportunity Assessment, By Form, 2021 & 2031F

9.3 Cameroon Licorice Extract Market Opportunity Assessment, By Application, 2021 & 2031F

10 Cameroon Licorice Extract Market - Competitive Landscape

10.1 Cameroon Licorice Extract Market Revenue Share, By Companies, 2024

10.2 Cameroon Licorice Extract Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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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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