Canada Licorice Root Market (2026-2032) | Size & Revenue, Segmentation, Growth, Companies, Value, Outlook, Forecast, Industry, Trends, Share, Analysis, Competitive Landscape

Name: Canada Licorice Root Market (2026-2032) | Trends & Outlook
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Licorice Root Market, Canada Licorice Root Market, Canada Licorice Root Market Revenues, Canada Licorice Root Market Share, Canada Licorice Root Market Size, Canada Licorice Root Market Outlook, Canada Licorice Root Market Report, Canada Licorice Root Market Competition, Canada Licorice Root Market Overview, Canada Licorice Root Market Trends, Canada Licorice Root Market Forecast

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: ETC6659809	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

Canada Licorice Root Market: Import Trend Analysis

In 2024, Canada`s import trend for licorice root indicated an 8.78% growth rate compared to 2023, while the compound annual growth rate (CAGR) for 2020-2024 stood at -1.11%. This fluctuation could be attributed to evolving consumer preferences, shifts in demand dynamics, or alterations in trade policies impacting the market stability.

Canada Licorice Root Market: Import Trend Analysis

Key Highlights of the Report:

Canada Licorice Root Market Outlook
Market Size of Canada Licorice Root Market, 2025
Forecast of Canada Licorice Root Market, 2032
Historical Data and Forecast of Canada Licorice Root Revenues & Volume for the Period 2022-2032F
Canada Licorice Root Market Trend Evolution
Canada Licorice Root Market Drivers and Challenges
Canada Licorice Root Price Trends
Canada Licorice Root Porter's Five Forces
Canada Licorice Root Industry Life Cycle
Historical Data and Forecast of Canada Licorice Root Market Revenues & Volume By Product Form for the Period 2022-2032F
Historical Data and Forecast of Canada Licorice Root Market Revenues & Volume By Roots for the Period 2022-2032F
Historical Data and Forecast of Canada Licorice Root Market Revenues & Volume By Extracts for the Period 2022-2032F
Historical Data and Forecast of Canada Licorice Root Market Revenues & Volume By Product Type for the Period 2022-2032F
Historical Data and Forecast of Canada Licorice Root Market Revenues & Volume By Essential Oils for the Period 2022-2032F
Historical Data and Forecast of Canada Licorice Root Market Revenues & Volume By Liquid Malt Extract for the Period 2022-2032F
Historical Data and Forecast of Canada Licorice Root Market Revenues & Volume By Oleoresins for the Period 2022-2032F
Historical Data and Forecast of Canada Licorice Root Market Revenues & Volume By Herbs and Spices Dry Malt Extract for the Period 2022-2032F
Historical Data and Forecast of Canada Licorice Root Market Revenues & Volume By Malt Flour for the Period 2022-2032F
Historical Data and Forecast of Canada Licorice Root Market Revenues & Volume By Function Type for the Period 2022-2032F
Historical Data and Forecast of Canada Licorice Root Market Revenues & Volume By Performance Enhancers for the Period 2022-2032F
Historical Data and Forecast of Canada Licorice Root Market Revenues & Volume By Palatability Enhancers for the Period 2022-2032F
Historical Data and Forecast of Canada Licorice Root Market Revenues & Volume By Grade Type for the Period 2022-2032F
Historical Data and Forecast of Canada Licorice Root Market Revenues & Volume By Standard Malt for the Period 2022-2032F
Historical Data and Forecast of Canada Licorice Root Market Revenues & Volume By Caramelized Malt for the Period 2022-2032F
Historical Data and Forecast of Canada Licorice Root Market Revenues & Volume By Roasted Malt for the Period 2022-2032F
Historical Data and Forecast of Canada Licorice Root Market Revenues & Volume By Raw Material Type for the Period 2022-2032F
Historical Data and Forecast of Canada Licorice Root Market Revenues & Volume By Maize for the Period 2022-2032F
Historical Data and Forecast of Canada Licorice Root Market Revenues & Volume By Barley for the Period 2022-2032F
Historical Data and Forecast of Canada Licorice Root Market Revenues & Volume By Wheat for the Period 2022-2032F
Historical Data and Forecast of Canada Licorice Root Market Revenues & Volume By Rice for the Period 2022-2032F
Historical Data and Forecast of Canada Licorice Root Market Revenues & Volume By Rye for the Period 2022-2032F
Historical Data and Forecast of Canada Licorice Root Market Revenues & Volume By Oat for the Period 2022-2032F
Historical Data and Forecast of Canada Licorice Root Market Revenues & Volume By Ingredient Type for the Period 2022-2032F
Historical Data and Forecast of Canada Licorice Root Market Revenues & Volume By Lipids for the Period 2022-2032F
Historical Data and Forecast of Canada Licorice Root Market Revenues & Volume By Protein for the Period 2022-2032F
Historical Data and Forecast of Canada Licorice Root Market Revenues & Volume By Polysaccharide for the Period 2022-2032F
Historical Data and Forecast of Canada Licorice Root Market Revenues & Volume By Others for the Period 2022-2032F
Historical Data and Forecast of Canada Licorice Root Market Revenues & Volume By End User for the Period 2022-2032F
Historical Data and Forecast of Canada Licorice Root Market Revenues & Volume By Food and Beverage Industry for the Period 2022-2032F
Historical Data and Forecast of Canada Licorice Root Market Revenues & Volume By Tobacco Industry for the Period 2022-2032F
Historical Data and Forecast of Canada Licorice Root Market Revenues & Volume By Pharmaceutical Industry for the Period 2022-2032F
Historical Data and Forecast of Canada Licorice Root Market Revenues & Volume By Cosmetic Industry for the Period 2022-2032F
Historical Data and Forecast of Canada Licorice Root Market Revenues & Volume By Dietary Supplement for the Period 2022-2032F
Canada 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
Canada Licorice Root Top Companies Market Share
Canada Licorice Root Competitive Benchmarking By Technical and Operational Parameters
Canada Licorice Root Company Profiles
Canada Licorice Root Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 Canada Licorice Root Market Overview

3.1 Canada Country Macro Economic Indicators

3.2 Canada Licorice Root Market Revenues & Volume, 2022 & 2032F

3.3 Canada Licorice Root Market - Industry Life Cycle

3.4 Canada Licorice Root Market - Porter's Five Forces

3.5 Canada Licorice Root Market Revenues & Volume Share, By Product Form, 2022 & 2032F

3.6 Canada Licorice Root Market Revenues & Volume Share, By Product Type, 2022 & 2032F

3.7 Canada Licorice Root Market Revenues & Volume Share, By Function Type, 2022 & 2032F

3.8 Canada Licorice Root Market Revenues & Volume Share, By Grade Type, 2022 & 2032F

3.9 Canada Licorice Root Market Revenues & Volume Share, By Raw Material Type, 2022 & 2032F

3.10 Canada Licorice Root Market Revenues & Volume Share, By Ingredient Type, 2022 & 2032F

3.11 Canada Licorice Root Market Revenues & Volume Share, By End User, 2022 & 2032F

4 Canada Licorice Root Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing consumer awareness about the health benefits of licorice root

4.2.2 Growing demand for natural and organic ingredients in food and beverages

4.2.3 Rising popularity of herbal remedies and traditional medicine practices

4.3 Market Restraints

4.3.1 Fluctuations in licorice root supply due to environmental factors

4.3.2 Stringent regulations and quality control requirements for licorice root products

5 Canada Licorice Root Market Trends

6 Canada Licorice Root Market, By Types

6.1 Canada Licorice Root Market, By Product Form

6.1.1 Overview and Analysis

6.1.2 Canada Licorice Root Market Revenues & Volume, By Product Form, 2022-2032F

6.1.3 Canada Licorice Root Market Revenues & Volume, By Roots, 2022-2032F

6.1.4 Canada Licorice Root Market Revenues & Volume, By Extracts, 2022-2032F

6.2 Canada Licorice Root Market, By Product Type

6.2.1 Overview and Analysis

6.2.2 Canada Licorice Root Market Revenues & Volume, By Essential Oils, 2022-2032F

6.2.3 Canada Licorice Root Market Revenues & Volume, By Liquid Malt Extract, 2022-2032F

6.2.4 Canada Licorice Root Market Revenues & Volume, By Oleoresins, 2022-2032F

6.2.5 Canada Licorice Root Market Revenues & Volume, By Herbs and Spices Dry Malt Extract, 2022-2032F

6.2.6 Canada Licorice Root Market Revenues & Volume, By Malt Flour, 2022-2032F

6.3 Canada Licorice Root Market, By Function Type

6.3.1 Overview and Analysis

6.3.2 Canada Licorice Root Market Revenues & Volume, By Performance Enhancers, 2022-2032F

6.3.3 Canada Licorice Root Market Revenues & Volume, By Palatability Enhancers, 2022-2032F

6.4 Canada Licorice Root Market, By Grade Type

6.4.1 Overview and Analysis

6.4.2 Canada Licorice Root Market Revenues & Volume, By Standard Malt, 2022-2032F

6.4.3 Canada Licorice Root Market Revenues & Volume, By Caramelized Malt, 2022-2032F

6.4.4 Canada Licorice Root Market Revenues & Volume, By Roasted Malt, 2022-2032F

6.5 Canada Licorice Root Market, By Raw Material Type

6.5.1 Overview and Analysis

6.5.2 Canada Licorice Root Market Revenues & Volume, By Maize, 2022-2032F

6.5.3 Canada Licorice Root Market Revenues & Volume, By Barley, 2022-2032F

6.5.4 Canada Licorice Root Market Revenues & Volume, By Wheat, 2022-2032F

6.5.5 Canada Licorice Root Market Revenues & Volume, By Rice, 2022-2032F

6.5.6 Canada Licorice Root Market Revenues & Volume, By Rye, 2022-2032F

6.5.7 Canada Licorice Root Market Revenues & Volume, By Oat, 2022-2032F

6.6 Canada Licorice Root Market, By Ingredient Type

6.6.1 Overview and Analysis

6.6.2 Canada Licorice Root Market Revenues & Volume, By Lipids, 2022-2032F

6.6.3 Canada Licorice Root Market Revenues & Volume, By Protein, 2022-2032F

6.6.4 Canada Licorice Root Market Revenues & Volume, By Polysaccharide, 2022-2032F

6.6.5 Canada Licorice Root Market Revenues & Volume, By Others, 2022-2032F

6.7 Canada Licorice Root Market, By End User

6.7.1 Overview and Analysis

6.7.2 Canada Licorice Root Market Revenues & Volume, By Food and Beverage Industry, 2022-2032F

6.7.3 Canada Licorice Root Market Revenues & Volume, By Tobacco Industry, 2022-2032F

6.7.4 Canada Licorice Root Market Revenues & Volume, By Cosmetic Industry, 2022-2032F

6.7.5 Canada Licorice Root Market Revenues & Volume, By Cosmetic Industry, 2022-2032F

6.7.6 Canada Licorice Root Market Revenues & Volume, By Dietary Supplement, 2022-2032F

7 Canada Licorice Root Market Import-Export Trade Statistics

7.1 Canada Licorice Root Market Export to Major Countries

7.2 Canada Licorice Root Market Imports from Major Countries

8 Canada Licorice Root Market Key Performance Indicators

8.1 Number of new product launches containing licorice root

8.2 Consumer perception and trust in licorice root products

8.3 Research and development investments in licorice root applications

9 Canada Licorice Root Market - Opportunity Assessment

9.1 Canada Licorice Root Market Opportunity Assessment, By Product Form, 2022 & 2032F

9.2 Canada Licorice Root Market Opportunity Assessment, By Product Type, 2022 & 2032F

9.3 Canada Licorice Root Market Opportunity Assessment, By Function Type, 2022 & 2032F

9.4 Canada Licorice Root Market Opportunity Assessment, By Grade Type, 2022 & 2032F

9.5 Canada Licorice Root Market Opportunity Assessment, By Raw Material Type, 2022 & 2032F

9.6 Canada Licorice Root Market Opportunity Assessment, By Ingredient Type, 2022 & 2032F

9.7 Canada Licorice Root Market Opportunity Assessment, By End User, 2022 & 2032F

10 Canada Licorice Root Market - Competitive Landscape

10.1 Canada Licorice Root Market Revenue Share, By Companies, 2025

10.2 Canada Licorice Root 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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