| Product Code: ETC5002166 | 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 |
In 2023, Gabon continued to see a high concentration of licorice extract imports from top exporters such as Spain, Australia, China, and France. Despite a concerning negative compound annual growth rate (CAGR) of -30.46% and a steep decline in the growth rate of -86.68%, the market for licorice extract imports in Gabon remains dominated by a few key players. This trend indicates a challenging environment for new entrants and emphasizes the importance of strategic planning for exporters looking to navigate the Gabon licorice extract market.

The Licorice Extract market in Gabon is projected to grow at a stable growth rate of 3.84% by 2027, highlighting the country's increasing focus on advanced technologies within the Africa region, where Egypt holds the dominant position, followed closely by South Africa, Algeria, Nigeria and Morocco, shaping overall regional demand.

The licorice extract market in Gabon is supported by its applications in confectionery, pharmaceuticals, and cosmetics. Demand is driven by its medicinal properties and use as a flavoring agent.
The licorice extract market in Gabon benefits from its growing application in the food and beverage, pharmaceutical, and cosmetics industries. Rising consumer interest in natural and herbal products enhances market prospects, alongside its use in health supplements.
The licorice extract market in Gabon struggles with limited agricultural development to support licorice cultivation and high costs of imports. Additionally, awareness of its applications in the food and pharmaceutical industries is low.
Policies in Gabon promote the cultivation and processing of licorice for export markets. The government offers support to farmers and processors through subsidies and access to international trade platforms. Quality standards are enforced to meet global market demands.
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 Gabon Licorice Extract Market Overview |
3.1 Gabon Country Macro Economic Indicators |
3.2 Gabon Licorice Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Gabon Licorice Extract Market - Industry Life Cycle |
3.4 Gabon Licorice Extract Market - Porter's Five Forces |
3.5 Gabon Licorice Extract Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Gabon Licorice Extract Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Gabon Licorice Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Gabon Licorice Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Gabon Licorice Extract Market Trends |
6 Gabon Licorice Extract Market Segmentations |
6.1 Gabon Licorice Extract Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Gabon Licorice Extract Market Revenues & Volume, By Food Grade, 2021-2031F |
6.1.3 Gabon Licorice Extract Market Revenues & Volume, By Feed Grade, 2021-2031F |
6.1.4 Gabon Licorice Extract Market Revenues & Volume, By Pharmaceutical Grade, 2021-2031F |
6.2 Gabon Licorice Extract Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Gabon Licorice Extract Market Revenues & Volume, By Powder, 2021-2031F |
6.2.3 Gabon Licorice Extract Market Revenues & Volume, By Liquid, 2021-2031F |
6.2.4 Gabon Licorice Extract Market Revenues & Volume, By Block, 2021-2031F |
6.3 Gabon Licorice Extract Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Gabon Licorice Extract Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.3.3 Gabon Licorice Extract Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.3.4 Gabon Licorice Extract Market Revenues & Volume, By Tobacco, 2021-2031F |
6.3.5 Gabon Licorice Extract Market Revenues & Volume, By Others, 2021-2031F |
7 Gabon Licorice Extract Market Import-Export Trade Statistics |
7.1 Gabon Licorice Extract Market Export to Major Countries |
7.2 Gabon Licorice Extract Market Imports from Major Countries |
8 Gabon Licorice Extract Market Key Performance Indicators |
9 Gabon Licorice Extract Market - Opportunity Assessment |
9.1 Gabon Licorice Extract Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Gabon Licorice Extract Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Gabon Licorice Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Gabon Licorice Extract Market - Competitive Landscape |
10.1 Gabon Licorice Extract Market Revenue Share, By Companies, 2024 |
10.2 Gabon 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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