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

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: ETC5002162 Publication Date: Nov 2023 Updated Date: Apr 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Sachin Kumar Rai No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Estonia Licorice Extract Market Size Growth Rate


The Estonia Licorice Extract Market is projected to witness mixed growth rate patterns during 2025 to 2029. From 0.10% in 2025, the growth rate steadily ascends to 2.31% in 2029.

Estonia Licorice Extract Market Growth Rate

Licorice Extract Market: Estonia vs Top 5 Major Economies in 2027 (Europe)


By 2027, the Licorice Extract market in Estonia is anticipated to reach a growth rate of -0.25%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

Licorice Extract Market: Estonia vs Top 5 Major Economies in 2027 (Europe)

Estonia Licorice Extract Market Overview

The licorice extract market in Estonia is influenced by its use in the food, pharmaceutical, and cosmetic industries. Licorice extract is valued for its natural sweetening properties and medicinal benefits, including its role in digestion and respiratory health. As consumer interest in natural and herbal ingredients grows, the licorice extract market in Estonia is expanding, with applications ranging from confectionery to herbal supplements.

Drivers of the market

The demand for licorice extract in Estonia is driven by its use in the food, pharmaceutical, and cosmetic industries. Its health benefits, particularly for digestive health and as an anti-inflammatory agent, are increasing its popularity among consumers. The growing trend towards natural ingredients in food products, as well as the demand for herbal remedies and beauty products, is further contributing to the market expansion.

Challenges of the market

The Estonia Licorice Extract Market faces challenges due to changing consumer preferences for natural and organic products. Additionally, supply chain disruptions related to the sourcing of high-quality licorice root from specific regions affect market stability. Competition from synthetic alternatives and the need to adhere to food safety regulations also impact the market. Furthermore, the market faces pressures from fluctuating prices of raw materials and the need to manage production costs effectively.

Government Policy of the market

The Estonian government supports licorice cultivation and processing through agricultural grants and subsidies. Policies also focus on ensuring product quality and compliance with EU food and pharmaceutical regulations.

Key Highlights of the Report:

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

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Estonia 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 Estonia Licorice Extract Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Estonia Licorice Extract Market Overview

3.1 Estonia Country Macro Economic Indicators

3.2 Estonia Licorice Extract Market Revenues & Volume, 2021 & 2031F

3.3 Estonia Licorice Extract Market - Industry Life Cycle

3.4 Estonia Licorice Extract Market - Porter's Five Forces

3.5 Estonia Licorice Extract Market Revenues & Volume Share, By Product Type, 2021 & 2031F

3.6 Estonia Licorice Extract Market Revenues & Volume Share, By Form, 2021 & 2031F

3.7 Estonia Licorice Extract Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Estonia Licorice Extract Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Estonia Licorice Extract Market Trends

6 Estonia Licorice Extract Market Segmentations

6.1 Estonia Licorice Extract Market, By Product Type

6.1.1 Overview and Analysis

6.1.2 Estonia Licorice Extract Market Revenues & Volume, By Food Grade, 2021-2031F

6.1.3 Estonia Licorice Extract Market Revenues & Volume, By Feed Grade, 2021-2031F

6.1.4 Estonia Licorice Extract Market Revenues & Volume, By Pharmaceutical Grade, 2021-2031F

6.2 Estonia Licorice Extract Market, By Form

6.2.1 Overview and Analysis

6.2.2 Estonia Licorice Extract Market Revenues & Volume, By Powder, 2021-2031F

6.2.3 Estonia Licorice Extract Market Revenues & Volume, By Liquid, 2021-2031F

6.2.4 Estonia Licorice Extract Market Revenues & Volume, By Block, 2021-2031F

6.3 Estonia Licorice Extract Market, By Application

6.3.1 Overview and Analysis

6.3.2 Estonia Licorice Extract Market Revenues & Volume, By Food & Beverages, 2021-2031F

6.3.3 Estonia Licorice Extract Market Revenues & Volume, By Pharmaceutical, 2021-2031F

6.3.4 Estonia Licorice Extract Market Revenues & Volume, By Tobacco, 2021-2031F

6.3.5 Estonia Licorice Extract Market Revenues & Volume, By Others, 2021-2031F

7 Estonia Licorice Extract Market Import-Export Trade Statistics

7.1 Estonia Licorice Extract Market Export to Major Countries

7.2 Estonia Licorice Extract Market Imports from Major Countries

8 Estonia Licorice Extract Market Key Performance Indicators

9 Estonia Licorice Extract Market - Opportunity Assessment

9.1 Estonia Licorice Extract Market Opportunity Assessment, By Product Type, 2021 & 2031F

9.2 Estonia Licorice Extract Market Opportunity Assessment, By Form, 2021 & 2031F

9.3 Estonia Licorice Extract Market Opportunity Assessment, By Application, 2021 & 2031F

10 Estonia Licorice Extract Market - Competitive Landscape

10.1 Estonia Licorice Extract Market Revenue Share, By Companies, 2024

10.2 Estonia Licorice Extract Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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