| Product Code: ETC5002149 | 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 |
The import shipments of licorice extract to Congo in 2023 continued to show a high level of market concentration, with top exporters being France, China, Netherlands, and Belgium. The Herfindahl-Hirschman Index (HHI) remained at a very high level, indicating significant market dominance by these key players. The impressive Compound Annual Growth Rate (CAGR) of 29.98% and a remarkable growth rate of 211.65% highlight the increasing demand for licorice extract in Congo, signaling lucrative opportunities for exporters in the market.

Licorice extract, known for its use in pharmaceuticals, food and beverages, and cosmetics, is experiencing growth in Congo. The market is driven by the increasing demand for natural and herbal products due to their perceived health benefits. However, challenges such as fluctuating raw material prices and stringent regulatory requirements for herbal extracts can impact market dynamics. The markets growth is closely linked to consumer trends favoring natural ingredients.
The Congo Licorice Extract Market is driven by the rising demand for natural and herbal remedies. Licorice extract is widely used in traditional medicine and dietary supplements due to its perceived health benefits, such as anti-inflammatory and antimicrobial properties. Additionally, its use in the food and beverage industry as a flavoring agent supports market growth. Increasing consumer preference for natural ingredients and the growing trend of wellness and functional foods also contribute to the expansion of the licorice extract market.
The Congo Licorice Extract Market is challenged by issues related to agricultural practices and supply chain management. Poor agricultural practices and limited access to quality seeds and farming technology affect the yield and quality of licorice. Additionally, the market suffers from inefficient supply chains and distribution networks, leading to delays and increased costs. Regulatory hurdles and lack of market awareness also impact the growth of this sector.
Policies regarding agricultural practices and the regulation of natural extracts impact the licorice extract market in Congo. The governments focus on sustainable agriculture and quality control standards for natural products influences the production and trade of licorice extracts. Additionally, regulations governing food safety and product labeling affect the market dynamics for licorice extract.
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 Congo Licorice Extract Market Overview |
3.1 Congo Country Macro Economic Indicators |
3.2 Congo Licorice Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Congo Licorice Extract Market - Industry Life Cycle |
3.4 Congo Licorice Extract Market - Porter's Five Forces |
3.5 Congo Licorice Extract Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Congo Licorice Extract Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Congo Licorice Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Congo Licorice Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Congo Licorice Extract Market Trends |
6 Congo Licorice Extract Market Segmentations |
6.1 Congo Licorice Extract Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Congo Licorice Extract Market Revenues & Volume, By Food Grade, 2021-2031F |
6.1.3 Congo Licorice Extract Market Revenues & Volume, By Feed Grade, 2021-2031F |
6.1.4 Congo Licorice Extract Market Revenues & Volume, By Pharmaceutical Grade, 2021-2031F |
6.2 Congo Licorice Extract Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Congo Licorice Extract Market Revenues & Volume, By Powder, 2021-2031F |
6.2.3 Congo Licorice Extract Market Revenues & Volume, By Liquid, 2021-2031F |
6.2.4 Congo Licorice Extract Market Revenues & Volume, By Block, 2021-2031F |
6.3 Congo Licorice Extract Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Congo Licorice Extract Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.3.3 Congo Licorice Extract Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.3.4 Congo Licorice Extract Market Revenues & Volume, By Tobacco, 2021-2031F |
6.3.5 Congo Licorice Extract Market Revenues & Volume, By Others, 2021-2031F |
7 Congo Licorice Extract Market Import-Export Trade Statistics |
7.1 Congo Licorice Extract Market Export to Major Countries |
7.2 Congo Licorice Extract Market Imports from Major Countries |
8 Congo Licorice Extract Market Key Performance Indicators |
9 Congo Licorice Extract Market - Opportunity Assessment |
9.1 Congo Licorice Extract Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Congo Licorice Extract Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Congo Licorice Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Congo Licorice Extract Market - Competitive Landscape |
10.1 Congo Licorice Extract Market Revenue Share, By Companies, 2024 |
10.2 Congo Licorice Extract 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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