| Product Code: ETC7135669 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Estonia`s licorice root import market saw a significant shift in concentration levels from moderate to very low in 2024, indicating a more diversified import source landscape. The impressive CAGR of 22.37% from 2020 to 2024 highlights the growing demand for licorice root in Estonia. Top exporting countries such as India, Germany, and the Netherlands are key players driving this market growth. With a healthy growth rate of 10.45% in 2024, the licorice root import market in Estonia is poised for continued expansion and opportunities for market players.

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 Root Market Overview |
3.1 Estonia Country Macro Economic Indicators |
3.2 Estonia Licorice Root Market Revenues & Volume, 2021 & 2031F |
3.3 Estonia Licorice Root Market - Industry Life Cycle |
3.4 Estonia Licorice Root Market - Porter's Five Forces |
3.5 Estonia Licorice Root Market Revenues & Volume Share, By Product Form, 2021 & 2031F |
3.6 Estonia Licorice Root Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Estonia Licorice Root Market Revenues & Volume Share, By Function Type, 2021 & 2031F |
3.8 Estonia Licorice Root Market Revenues & Volume Share, By Grade Type, 2021 & 2031F |
3.9 Estonia Licorice Root Market Revenues & Volume Share, By Raw Material Type, 2021 & 2031F |
3.10 Estonia Licorice Root Market Revenues & Volume Share, By Ingredient Type, 2021 & 2031F |
3.11 Estonia Licorice Root Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Estonia Licorice Root Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Estonia Licorice Root Market Trends |
6 Estonia Licorice Root Market, By Types |
6.1 Estonia Licorice Root Market, By Product Form |
6.1.1 Overview and Analysis |
6.1.2 Estonia Licorice Root Market Revenues & Volume, By Product Form, 2021- 2031F |
6.1.3 Estonia Licorice Root Market Revenues & Volume, By Roots, 2021- 2031F |
6.1.4 Estonia Licorice Root Market Revenues & Volume, By Extracts, 2021- 2031F |
6.2 Estonia Licorice Root Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Estonia Licorice Root Market Revenues & Volume, By Essential Oils, 2021- 2031F |
6.2.3 Estonia Licorice Root Market Revenues & Volume, By Liquid Malt Extract, 2021- 2031F |
6.2.4 Estonia Licorice Root Market Revenues & Volume, By Oleoresins, 2021- 2031F |
6.2.5 Estonia Licorice Root Market Revenues & Volume, By Herbs and Spices Dry Malt Extract, 2021- 2031F |
6.2.6 Estonia Licorice Root Market Revenues & Volume, By Malt Flour, 2021- 2031F |
6.3 Estonia Licorice Root Market, By Function Type |
6.3.1 Overview and Analysis |
6.3.2 Estonia Licorice Root Market Revenues & Volume, By Performance Enhancers, 2021- 2031F |
6.3.3 Estonia Licorice Root Market Revenues & Volume, By Palatability Enhancers, 2021- 2031F |
6.4 Estonia Licorice Root Market, By Grade Type |
6.4.1 Overview and Analysis |
6.4.2 Estonia Licorice Root Market Revenues & Volume, By Standard Malt, 2021- 2031F |
6.4.3 Estonia Licorice Root Market Revenues & Volume, By Caramelized Malt, 2021- 2031F |
6.4.4 Estonia Licorice Root Market Revenues & Volume, By Roasted Malt, 2021- 2031F |
6.5 Estonia Licorice Root Market, By Raw Material Type |
6.5.1 Overview and Analysis |
6.5.2 Estonia Licorice Root Market Revenues & Volume, By Maize, 2021- 2031F |
6.5.3 Estonia Licorice Root Market Revenues & Volume, By Barley, 2021- 2031F |
6.5.4 Estonia Licorice Root Market Revenues & Volume, By Wheat, 2021- 2031F |
6.5.5 Estonia Licorice Root Market Revenues & Volume, By Rice, 2021- 2031F |
6.5.6 Estonia Licorice Root Market Revenues & Volume, By Rye, 2021- 2031F |
6.5.7 Estonia Licorice Root Market Revenues & Volume, By Oat, 2021- 2031F |
6.6 Estonia Licorice Root Market, By Ingredient Type |
6.6.1 Overview and Analysis |
6.6.2 Estonia Licorice Root Market Revenues & Volume, By Lipids, 2021- 2031F |
6.6.3 Estonia Licorice Root Market Revenues & Volume, By Protein, 2021- 2031F |
6.6.4 Estonia Licorice Root Market Revenues & Volume, By Polysaccharide, 2021- 2031F |
6.6.5 Estonia Licorice Root Market Revenues & Volume, By Others, 2021- 2031F |
6.7 Estonia Licorice Root Market, By End User |
6.7.1 Overview and Analysis |
6.7.2 Estonia Licorice Root Market Revenues & Volume, By Food and Beverage Industry, 2021- 2031F |
6.7.3 Estonia Licorice Root Market Revenues & Volume, By Tobacco Industry, 2021- 2031F |
6.7.4 Estonia Licorice Root Market Revenues & Volume, By Cosmetic Industry, 2021- 2031F |
6.7.5 Estonia Licorice Root Market Revenues & Volume, By Cosmetic Industry, 2021- 2031F |
6.7.6 Estonia Licorice Root Market Revenues & Volume, By Dietary Supplement, 2021- 2031F |
7 Estonia Licorice Root Market Import-Export Trade Statistics |
7.1 Estonia Licorice Root Market Export to Major Countries |
7.2 Estonia Licorice Root Market Imports from Major Countries |
8 Estonia Licorice Root Market Key Performance Indicators |
9 Estonia Licorice Root Market - Opportunity Assessment |
9.1 Estonia Licorice Root Market Opportunity Assessment, By Product Form, 2021 & 2031F |
9.2 Estonia Licorice Root Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Estonia Licorice Root Market Opportunity Assessment, By Function Type, 2021 & 2031F |
9.4 Estonia Licorice Root Market Opportunity Assessment, By Grade Type, 2021 & 2031F |
9.5 Estonia Licorice Root Market Opportunity Assessment, By Raw Material Type, 2021 & 2031F |
9.6 Estonia Licorice Root Market Opportunity Assessment, By Ingredient Type, 2021 & 2031F |
9.7 Estonia Licorice Root Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Estonia Licorice Root Market - Competitive Landscape |
10.1 Estonia Licorice Root Market Revenue Share, By Companies, 2024 |
10.2 Estonia Licorice Root 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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