| Product Code: ETC6767959 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Colombia licorice root import market saw a significant increase in concentration in 2024, with top exporters being India, Egypt, Spain, USA, and China. The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 9.03%, with a notable growth rate of 18.5% from 2023 to 2024. This suggests a growing demand for licorice root in Colombia, with key suppliers expanding their market share. Analyzing these trends can provide valuable insights for businesses looking to capitalize on the opportunities in the licorice root import market in Colombia.

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 Colombia Licorice Root Market Overview |
3.1 Colombia Country Macro Economic Indicators |
3.2 Colombia Licorice Root Market Revenues & Volume, 2021 & 2031F |
3.3 Colombia Licorice Root Market - Industry Life Cycle |
3.4 Colombia Licorice Root Market - Porter's Five Forces |
3.5 Colombia Licorice Root Market Revenues & Volume Share, By Product Form, 2021 & 2031F |
3.6 Colombia Licorice Root Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Colombia Licorice Root Market Revenues & Volume Share, By Function Type, 2021 & 2031F |
3.8 Colombia Licorice Root Market Revenues & Volume Share, By Grade Type, 2021 & 2031F |
3.9 Colombia Licorice Root Market Revenues & Volume Share, By Raw Material Type, 2021 & 2031F |
3.10 Colombia Licorice Root Market Revenues & Volume Share, By Ingredient Type, 2021 & 2031F |
3.11 Colombia Licorice Root Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Colombia Licorice Root Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Colombia Licorice Root Market Trends |
6 Colombia Licorice Root Market, By Types |
6.1 Colombia Licorice Root Market, By Product Form |
6.1.1 Overview and Analysis |
6.1.2 Colombia Licorice Root Market Revenues & Volume, By Product Form, 2021- 2031F |
6.1.3 Colombia Licorice Root Market Revenues & Volume, By Roots, 2021- 2031F |
6.1.4 Colombia Licorice Root Market Revenues & Volume, By Extracts, 2021- 2031F |
6.2 Colombia Licorice Root Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Colombia Licorice Root Market Revenues & Volume, By Essential Oils, 2021- 2031F |
6.2.3 Colombia Licorice Root Market Revenues & Volume, By Liquid Malt Extract, 2021- 2031F |
6.2.4 Colombia Licorice Root Market Revenues & Volume, By Oleoresins, 2021- 2031F |
6.2.5 Colombia Licorice Root Market Revenues & Volume, By Herbs and Spices Dry Malt Extract, 2021- 2031F |
6.2.6 Colombia Licorice Root Market Revenues & Volume, By Malt Flour, 2021- 2031F |
6.3 Colombia Licorice Root Market, By Function Type |
6.3.1 Overview and Analysis |
6.3.2 Colombia Licorice Root Market Revenues & Volume, By Performance Enhancers, 2021- 2031F |
6.3.3 Colombia Licorice Root Market Revenues & Volume, By Palatability Enhancers, 2021- 2031F |
6.4 Colombia Licorice Root Market, By Grade Type |
6.4.1 Overview and Analysis |
6.4.2 Colombia Licorice Root Market Revenues & Volume, By Standard Malt, 2021- 2031F |
6.4.3 Colombia Licorice Root Market Revenues & Volume, By Caramelized Malt, 2021- 2031F |
6.4.4 Colombia Licorice Root Market Revenues & Volume, By Roasted Malt, 2021- 2031F |
6.5 Colombia Licorice Root Market, By Raw Material Type |
6.5.1 Overview and Analysis |
6.5.2 Colombia Licorice Root Market Revenues & Volume, By Maize, 2021- 2031F |
6.5.3 Colombia Licorice Root Market Revenues & Volume, By Barley, 2021- 2031F |
6.5.4 Colombia Licorice Root Market Revenues & Volume, By Wheat, 2021- 2031F |
6.5.5 Colombia Licorice Root Market Revenues & Volume, By Rice, 2021- 2031F |
6.5.6 Colombia Licorice Root Market Revenues & Volume, By Rye, 2021- 2031F |
6.5.7 Colombia Licorice Root Market Revenues & Volume, By Oat, 2021- 2031F |
6.6 Colombia Licorice Root Market, By Ingredient Type |
6.6.1 Overview and Analysis |
6.6.2 Colombia Licorice Root Market Revenues & Volume, By Lipids, 2021- 2031F |
6.6.3 Colombia Licorice Root Market Revenues & Volume, By Protein, 2021- 2031F |
6.6.4 Colombia Licorice Root Market Revenues & Volume, By Polysaccharide, 2021- 2031F |
6.6.5 Colombia Licorice Root Market Revenues & Volume, By Others, 2021- 2031F |
6.7 Colombia Licorice Root Market, By End User |
6.7.1 Overview and Analysis |
6.7.2 Colombia Licorice Root Market Revenues & Volume, By Food and Beverage Industry, 2021- 2031F |
6.7.3 Colombia Licorice Root Market Revenues & Volume, By Tobacco Industry, 2021- 2031F |
6.7.4 Colombia Licorice Root Market Revenues & Volume, By Cosmetic Industry, 2021- 2031F |
6.7.5 Colombia Licorice Root Market Revenues & Volume, By Cosmetic Industry, 2021- 2031F |
6.7.6 Colombia Licorice Root Market Revenues & Volume, By Dietary Supplement, 2021- 2031F |
7 Colombia Licorice Root Market Import-Export Trade Statistics |
7.1 Colombia Licorice Root Market Export to Major Countries |
7.2 Colombia Licorice Root Market Imports from Major Countries |
8 Colombia Licorice Root Market Key Performance Indicators |
9 Colombia Licorice Root Market - Opportunity Assessment |
9.1 Colombia Licorice Root Market Opportunity Assessment, By Product Form, 2021 & 2031F |
9.2 Colombia Licorice Root Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Colombia Licorice Root Market Opportunity Assessment, By Function Type, 2021 & 2031F |
9.4 Colombia Licorice Root Market Opportunity Assessment, By Grade Type, 2021 & 2031F |
9.5 Colombia Licorice Root Market Opportunity Assessment, By Raw Material Type, 2021 & 2031F |
9.6 Colombia Licorice Root Market Opportunity Assessment, By Ingredient Type, 2021 & 2031F |
9.7 Colombia Licorice Root Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Colombia Licorice Root Market - Competitive Landscape |
10.1 Colombia Licorice Root Market Revenue Share, By Companies, 2024 |
10.2 Colombia 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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