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

Cyprus Licorice Extract Market Overview

Licorice extract has a growing market in Cyprus, primarily in the pharmaceutical, food, and cosmetics industries. Known for its medicinal properties, licorice extract is increasingly used in herbal and natural health products.

Drivers of the market

Rising demand for natural and plant-based products drives the licorice extract market in Cyprus. Licorice extract’s health benefits, such as its anti-inflammatory and digestive properties, make it popular in pharmaceuticals and the wellness industry. Additionally, its use in confectionery and the cosmetics sector contributes to its growing market presence.

Challenges of the market

The licorice extract market in Cyprus faces challenges related to limited agricultural land for licorice cultivation, making the industry heavily reliant on imports. There is also growing competition from synthetic substitutes, which are cheaper and more readily available. Additionally, fluctuating raw material prices can disrupt supply chains and affect profitability.

Government Policy of the market

Agricultural policies support the cultivation and extraction of licorice in Cyprus, providing incentives for sustainable farming practices and promoting its use in the pharmaceutical and confectionery industries.

Key Highlights of the Report:

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