Congo Licorice Extract Market (2025-2031) | Forecast, Outlook, Segmentation, Value, Analysis, Industry, Trends, Growth, Size, Revenue, Share & Companies

Market Forecast By Product Type (Food Grade, Feed Grade, Pharmaceutical Grade), By Form (Powder, Liquid, Block), By Application (Food & Beverages, Pharmaceutical, Tobacco, Others) And Competitive Landscape
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

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

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.

Congo Licorice Extract Market Import Shipment by Countries (Top 5) & Competition (HHI)

Congo Licorice Extract Market Overview

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 market’s growth is closely linked to consumer trends favoring natural ingredients.

Drivers of the market

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.

Challenges of the 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.

Government Policy of the market

Policies regarding agricultural practices and the regulation of natural extracts impact the licorice extract market in Congo. The government’s 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.

Key Highlights of the Report:

  • Congo Licorice Extract Market Outlook
  • Market Size of Congo Licorice Extract Market, 2024
  • Forecast of Congo Licorice Extract Market, 2031
  • Historical Data and Forecast of Congo Licorice Extract Revenues & Volume for the Period 2021-2031
  • Congo Licorice Extract Market Trend Evolution
  • Congo Licorice Extract Market Drivers and Challenges
  • Congo Licorice Extract Price Trends
  • Congo Licorice Extract Porter`s Five Forces
  • Congo Licorice Extract Industry Life Cycle
  • Historical Data and Forecast of Congo Licorice Extract Market Revenues & Volume By Product Type for the Period 2021-2031
  • Historical Data and Forecast of Congo Licorice Extract Market Revenues & Volume By Food Grade for the Period 2021-2031
  • Historical Data and Forecast of Congo Licorice Extract Market Revenues & Volume By Feed Grade for the Period 2021-2031
  • Historical Data and Forecast of Congo Licorice Extract Market Revenues & Volume By Pharmaceutical Grade for the Period 2021-2031
  • Historical Data and Forecast of Congo Licorice Extract Market Revenues & Volume By Form for the Period 2021-2031
  • Historical Data and Forecast of Congo Licorice Extract Market Revenues & Volume By Powder for the Period 2021-2031
  • Historical Data and Forecast of Congo Licorice Extract Market Revenues & Volume By Liquid for the Period 2021-2031
  • Historical Data and Forecast of Congo Licorice Extract Market Revenues & Volume By Block for the Period 2021-2031
  • Historical Data and Forecast of Congo Licorice Extract Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Congo Licorice Extract Market Revenues & Volume By Food & Beverages for the Period 2021-2031
  • Historical Data and Forecast of Congo Licorice Extract Market Revenues & Volume By Pharmaceutical for the Period 2021-2031
  • Historical Data and Forecast of Congo Licorice Extract Market Revenues & Volume By Tobacco for the Period 2021-2031
  • Historical Data and Forecast of Congo Licorice Extract Market Revenues & Volume By Others for the Period 2021-2031
  • Congo Licorice Extract Import Export Trade Statistics
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Form
  • Market Opportunity Assessment By Application
  • Congo Licorice Extract Top Companies Market Share
  • Congo Licorice Extract Competitive Benchmarking By Technical and Operational Parameters
  • Congo Licorice Extract Company Profiles
  • Congo Licorice Extract Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Congo Licorice Extract 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 Congo Licorice Extract Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

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 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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