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

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

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.

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

Key Highlights of the Report:

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

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Colombia Licorice Root Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Colombia Licorice Root Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 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 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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