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

Name: China Licorice Root Market (2025-2031) | Trends & Outlook
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Licorice Root Market, China Licorice Root Market, China Licorice Root Market Revenues, China Licorice Root Market Share, China Licorice Root Market Size, China Licorice Root Market Outlook, China Licorice Root Market Report, China Licorice Root Market Competition, China Licorice Root Market Overview, China Licorice Root Market Trends, China 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: ETC6746329	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

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

China licorice root import market saw significant growth from 2020 to 2024, with a high concentration of shipments from Uzbekistan, Kazakhstan, Turkmenistan, Areas, nes, and Pakistan. Despite a decline in growth rate in 2024, the compound annual growth rate (CAGR) over the period remained strong at 46.56%. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting opportunities for strategic partnerships and competitive positioning in the licorice root industry.

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

Key Highlights of the Report:

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

3.1 China Country Macro Economic Indicators

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

3.3 China Licorice Root Market - Industry Life Cycle

3.4 China Licorice Root Market - Porter's Five Forces

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

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

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

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

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

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

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

4 China Licorice Root Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for herbal medicines and supplements

4.2.2 Growing awareness about the health benefits of licorice root

4.2.3 Expansion of the pharmaceutical and nutraceutical industries in China

4.3 Market Restraints

4.3.1 Fluctuations in licorice root prices due to factors like weather conditions and supply chain disruptions

4.3.2 Stringent regulations on the harvesting and export of licorice root

4.3.3 Competition from substitute products in the herbal medicine market

5 China Licorice Root Market Trends

6 China Licorice Root Market, By Types

6.1 China Licorice Root Market, By Product Form

6.1.1 Overview and Analysis

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

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

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

6.2 China Licorice Root Market, By Product Type

6.2.1 Overview and Analysis

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

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

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

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

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

6.3 China Licorice Root Market, By Function Type

6.3.1 Overview and Analysis

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

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

6.4 China Licorice Root Market, By Grade Type

6.4.1 Overview and Analysis

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

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

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

6.5 China Licorice Root Market, By Raw Material Type

6.5.1 Overview and Analysis

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

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

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

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

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

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

6.6 China Licorice Root Market, By Ingredient Type

6.6.1 Overview and Analysis

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

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

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

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

6.7 China Licorice Root Market, By End User

6.7.1 Overview and Analysis

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

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

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

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

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

7 China Licorice Root Market Import-Export Trade Statistics

7.1 China Licorice Root Market Export to Major Countries

7.2 China Licorice Root Market Imports from Major Countries

8 China Licorice Root Market Key Performance Indicators

8.1 Number of new product launches containing licorice root

8.2 Growth in the number of licorice root cultivation farms in China

8.3 Research and development investment in licorice root-based products

9 China Licorice Root Market - Opportunity Assessment

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

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

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

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

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

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

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

10 China Licorice Root Market - Competitive Landscape

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

10.2 China 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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