| Product Code: ETC5002155 | 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 |
Denmark licorice extract import market saw a notable surge in 2024, with top exporting countries being China, Spain, Metropolitan France, India, and Switzerland. The market concentration, as measured by the HHI, showed a significant improvement from very low to low concentration levels between 2023 and 2024. With a steady Compound Annual Growth Rate (CAGR) of 1.25% from 2020 to 2024, the market experienced a remarkable growth rate of 39.28% from 2023 to 2024. This suggests a positive trend in the demand for licorice extract in Denmark, potentially driven by various factors such as changing consumer preferences and expanding applications in the food and beverage industry.

The Licorice Extract market in Denmark is projected to grow at a negative growth rate of -0.03% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

The licorice extract market in Denmark is primarily fueled by the food, beverage, and pharmaceutical industries. Licorice is used as a flavoring agent, as well as in health supplements for its anti-inflammatory and antioxidant properties, contributing to market growth.
The Licorice Extract Market is driven by the growing demand for natural flavors and sweeteners in the food and beverage industry. Licorice extract is favored for its unique taste and potential health benefits, which include anti-inflammatory and antioxidant properties. The increasing popularity of herbal and natural products contributes to market expansion.
The licorice extract market grapples with sourcing challenges, as the availability of raw licorice can fluctuate based on climatic conditions. Moreover, the growing demand for natural and organic products necessitates careful sourcing and certification processes, which can be resource-intensive.
The licorice extract market in Denmark is influenced by food safety regulations and policies promoting natural ingredients in food products. The government supports the use of licorice extract as a natural sweetener, highlighting its benefits and applications in various food sectors. This regulatory support fosters growth in the market, appealing to health-conscious consumers.
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 Denmark Licorice Extract Market Overview |
3.1 Denmark Country Macro Economic Indicators |
3.2 Denmark Licorice Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Denmark Licorice Extract Market - Industry Life Cycle |
3.4 Denmark Licorice Extract Market - Porter's Five Forces |
3.5 Denmark Licorice Extract Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Denmark Licorice Extract Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Denmark Licorice Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Denmark 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 organic ingredients in food and beverage products |
4.2.3 Rising adoption of licorice extract in pharmaceutical and nutraceutical industries |
4.3 Market Restraints |
4.3.1 Fluctuating prices of licorice root due to weather conditions and geopolitical factors |
4.3.2 Regulatory challenges and restrictions on the use of licorice extract in certain products |
5 Denmark Licorice Extract Market Trends |
6 Denmark Licorice Extract Market Segmentations |
6.1 Denmark Licorice Extract Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Denmark Licorice Extract Market Revenues & Volume, By Food Grade, 2021-2031F |
6.1.3 Denmark Licorice Extract Market Revenues & Volume, By Feed Grade, 2021-2031F |
6.1.4 Denmark Licorice Extract Market Revenues & Volume, By Pharmaceutical Grade, 2021-2031F |
6.2 Denmark Licorice Extract Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Denmark Licorice Extract Market Revenues & Volume, By Powder, 2021-2031F |
6.2.3 Denmark Licorice Extract Market Revenues & Volume, By Liquid, 2021-2031F |
6.2.4 Denmark Licorice Extract Market Revenues & Volume, By Block, 2021-2031F |
6.3 Denmark Licorice Extract Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Denmark Licorice Extract Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.3.3 Denmark Licorice Extract Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.3.4 Denmark Licorice Extract Market Revenues & Volume, By Tobacco, 2021-2031F |
6.3.5 Denmark Licorice Extract Market Revenues & Volume, By Others, 2021-2031F |
7 Denmark Licorice Extract Market Import-Export Trade Statistics |
7.1 Denmark Licorice Extract Market Export to Major Countries |
7.2 Denmark Licorice Extract Market Imports from Major Countries |
8 Denmark Licorice Extract Market Key Performance Indicators |
8.1 Number of new product launches containing licorice extract |
8.2 Percentage of market share held by licorice extract in the natural ingredients segment |
8.3 Growth rate of the pharmaceutical and nutraceutical industries in Denmark |
9 Denmark Licorice Extract Market - Opportunity Assessment |
9.1 Denmark Licorice Extract Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Denmark Licorice Extract Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Denmark Licorice Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Denmark Licorice Extract Market - Competitive Landscape |
10.1 Denmark Licorice Extract Market Revenue Share, By Companies, 2024 |
10.2 Denmark 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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