Product Code: ETC5002152 | Publication Date: Nov 2023 | Updated Date: Sep 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 Croatia Licorice Extract Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate starts at 0.15% in 2025 and reaches 0.17% by 2029.
Croatia's Licorice Extract market is anticipated to experience a stable growth rate of 0.13% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.
The licorice extract market in Croatia benefits from the growing demand for natural and herbal products in the food, beverage, and cosmetics industries. Licorice extract is valued for its sweetening properties, flavor enhancement, and potential health benefits, making it popular among consumers seeking natural alternatives.
The licorice extract market in Croatia is experiencing growth due to its rising use in the food and beverage, pharmaceutical, and cosmetic industries. The demand for natural and herbal ingredients, driven by increasing health consciousness among consumers, is a significant market driver. Licorice extract`s applications as a flavoring agent, sweetener, and health supplement are also contributing to its popularity, alongside its recognized benefits in skin care and respiratory health.
The licorice extract market in Croatia faces challenges such as fluctuating raw material prices and supply chain disruptions. The market is also impacted by competition from other natural extracts and synthetic alternatives. Ensuring high-quality production while adhering to regulatory standards for food and pharmaceutical applications is critical. Additionally, there is a need for effective marketing strategies to differentiate licorice extract products and meet diverse consumer preferences.
In the licorice extract market, the Croatian government supports the industry through agricultural policies that promote the cultivation of licorice plants. Policies include subsidies for farmers and research funding to improve extraction processes and the quality of licorice products.
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 Croatia Licorice Extract Market Overview |
3.1 Croatia Country Macro Economic Indicators |
3.2 Croatia Licorice Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Croatia Licorice Extract Market - Industry Life Cycle |
3.4 Croatia Licorice Extract Market - Porter's Five Forces |
3.5 Croatia Licorice Extract Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Croatia Licorice Extract Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Croatia Licorice Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Croatia Licorice Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer awareness about the health benefits of licorice extract |
4.2.2 Increasing demand for natural and herbal ingredients in food and beverage products |
4.2.3 Rising adoption of licorice extract in pharmaceuticals and nutraceuticals industries |
4.3 Market Restraints |
4.3.1 Fluctuating prices of licorice root due to supply chain disruptions or climatic conditions |
4.3.2 Stringent regulations on the use of licorice extract in certain products |
4.3.3 Competition from alternative natural ingredients in the market |
5 Croatia Licorice Extract Market Trends |
6 Croatia Licorice Extract Market Segmentations |
6.1 Croatia Licorice Extract Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Croatia Licorice Extract Market Revenues & Volume, By Food Grade, 2021-2031F |
6.1.3 Croatia Licorice Extract Market Revenues & Volume, By Feed Grade, 2021-2031F |
6.1.4 Croatia Licorice Extract Market Revenues & Volume, By Pharmaceutical Grade, 2021-2031F |
6.2 Croatia Licorice Extract Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Croatia Licorice Extract Market Revenues & Volume, By Powder, 2021-2031F |
6.2.3 Croatia Licorice Extract Market Revenues & Volume, By Liquid, 2021-2031F |
6.2.4 Croatia Licorice Extract Market Revenues & Volume, By Block, 2021-2031F |
6.3 Croatia Licorice Extract Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Croatia Licorice Extract Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.3.3 Croatia Licorice Extract Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.3.4 Croatia Licorice Extract Market Revenues & Volume, By Tobacco, 2021-2031F |
6.3.5 Croatia Licorice Extract Market Revenues & Volume, By Others, 2021-2031F |
7 Croatia Licorice Extract Market Import-Export Trade Statistics |
7.1 Croatia Licorice Extract Market Export to Major Countries |
7.2 Croatia Licorice Extract Market Imports from Major Countries |
8 Croatia Licorice Extract Market Key Performance Indicators |
8.1 Number of new product launches containing licorice extract |
8.2 Growth in research and development investments in licorice extract applications |
8.3 Increase in partnerships and collaborations within the licorice extract supply chain |
9 Croatia Licorice Extract Market - Opportunity Assessment |
9.1 Croatia Licorice Extract Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Croatia Licorice Extract Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Croatia Licorice Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Croatia Licorice Extract Market - Competitive Landscape |
10.1 Croatia Licorice Extract Market Revenue Share, By Companies, 2024 |
10.2 Croatia Licorice Extract Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |