Grenada Licorice Root Market (2025-2031) | Analysis, Outlook, Companies, Forecast, Competitive Landscape, Size & Revenue, Value, Segmentation, Share, Growth, Industry, Trends

Name: Grenada Licorice Root Market (2025-2031) | Trends & Outlook
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Licorice Root Market, Grenada Licorice Root Market, Grenada Licorice Root Market Revenues, Grenada Licorice Root Market Share, Grenada Licorice Root Market Size, Grenada Licorice Root Market Outlook, Grenada Licorice Root Market Report, Grenada Licorice Root Market Competition, Grenada Licorice Root Market Overview, Grenada Licorice Root Market Trends, Grenada Licorice Root Market Forecast

Market Forecast By Product Form (Roots, Extracts), By Product Type (Essential Oils, Liquid Malt Extract, Oleoresins, Herbs and Spices Dry Malt Extract, Malt Flour), By Function Type (Performance Enhancers, Palatability Enhancers), By Grade Type (Standard Malt, Caramelized Malt, Roasted Malt), By Raw Material Type (Maize, Barley, Wheat, Rice, Rye, Oat), By Ingredient Type (Lipids, Protein, Polysaccharide, Others), By End User (Food and Beverage Industry, Tobacco Industry, Pharmaceutical Industry, Cosmetic Industry, Dietary Supplement) And Competitive Landscape

Product Code: ETC7373599	Publication Date: Sep 2024	Updated Date: Oct 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Dhaval Chaurasia	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

Grenada Licorice Root Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Grenada continues to see a significant influx of licorice root imports, with top exporters being the USA, UK, Trinidad and Tobago, China, and India. The market concentration, as measured by HHI, remained very high in 2024, indicating a dominance by a few key players. The impressive compound annual growth rate (CAGR) from 2020 to 2024 at 70.67% showcases the expanding demand for licorice root in Grenada. Furthermore, the remarkable growth rate of 100.1% from 2023 to 2024 suggests a surge in import activities, potentially driven by various factors such as evolving consumer preferences or product innovations.

Key Highlights of the Report:

Grenada Licorice Root Market Outlook
Market Size of Grenada Licorice Root Market, 2024
Forecast of Grenada Licorice Root Market, 2031
Historical Data and Forecast of Grenada Licorice Root Revenues & Volume for the Period 2021- 2031
Grenada Licorice Root Market Trend Evolution
Grenada Licorice Root Market Drivers and Challenges
Grenada Licorice Root Price Trends
Grenada Licorice Root Porter's Five Forces
Grenada Licorice Root Industry Life Cycle
Historical Data and Forecast of Grenada Licorice Root Market Revenues & Volume By Product Form for the Period 2021- 2031
Historical Data and Forecast of Grenada Licorice Root Market Revenues & Volume By Roots for the Period 2021- 2031
Historical Data and Forecast of Grenada Licorice Root Market Revenues & Volume By Extracts for the Period 2021- 2031
Historical Data and Forecast of Grenada Licorice Root Market Revenues & Volume By Product Type for the Period 2021- 2031
Historical Data and Forecast of Grenada Licorice Root Market Revenues & Volume By Essential Oils for the Period 2021- 2031
Historical Data and Forecast of Grenada Licorice Root Market Revenues & Volume By Liquid Malt Extract for the Period 2021- 2031
Historical Data and Forecast of Grenada Licorice Root Market Revenues & Volume By Oleoresins for the Period 2021- 2031
Historical Data and Forecast of Grenada Licorice Root Market Revenues & Volume By Herbs and Spices Dry Malt Extract for the Period 2021- 2031
Historical Data and Forecast of Grenada Licorice Root Market Revenues & Volume By Malt Flour for the Period 2021- 2031
Historical Data and Forecast of Grenada Licorice Root Market Revenues & Volume By Function Type for the Period 2021- 2031
Historical Data and Forecast of Grenada Licorice Root Market Revenues & Volume By Performance Enhancers for the Period 2021- 2031
Historical Data and Forecast of Grenada Licorice Root Market Revenues & Volume By Palatability Enhancers for the Period 2021- 2031
Historical Data and Forecast of Grenada Licorice Root Market Revenues & Volume By Grade Type for the Period 2021- 2031
Historical Data and Forecast of Grenada Licorice Root Market Revenues & Volume By Standard Malt for the Period 2021- 2031
Historical Data and Forecast of Grenada Licorice Root Market Revenues & Volume By Caramelized Malt for the Period 2021- 2031
Historical Data and Forecast of Grenada Licorice Root Market Revenues & Volume By Roasted Malt for the Period 2021- 2031
Historical Data and Forecast of Grenada Licorice Root Market Revenues & Volume By Raw Material Type for the Period 2021- 2031
Historical Data and Forecast of Grenada Licorice Root Market Revenues & Volume By Maize for the Period 2021- 2031
Historical Data and Forecast of Grenada Licorice Root Market Revenues & Volume By Barley for the Period 2021- 2031
Historical Data and Forecast of Grenada Licorice Root Market Revenues & Volume By Wheat for the Period 2021- 2031
Historical Data and Forecast of Grenada Licorice Root Market Revenues & Volume By Rice for the Period 2021- 2031
Historical Data and Forecast of Grenada Licorice Root Market Revenues & Volume By Rye for the Period 2021- 2031
Historical Data and Forecast of Grenada Licorice Root Market Revenues & Volume By Oat for the Period 2021- 2031
Historical Data and Forecast of Grenada Licorice Root Market Revenues & Volume By Ingredient Type for the Period 2021- 2031
Historical Data and Forecast of Grenada Licorice Root Market Revenues & Volume By Lipids for the Period 2021- 2031
Historical Data and Forecast of Grenada Licorice Root Market Revenues & Volume By Protein for the Period 2021- 2031
Historical Data and Forecast of Grenada Licorice Root Market Revenues & Volume By Polysaccharide for the Period 2021- 2031
Historical Data and Forecast of Grenada Licorice Root Market Revenues & Volume By Others for the Period 2021- 2031
Historical Data and Forecast of Grenada Licorice Root Market Revenues & Volume By End User for the Period 2021- 2031
Historical Data and Forecast of Grenada Licorice Root Market Revenues & Volume By Food and Beverage Industry for the Period 2021- 2031
Historical Data and Forecast of Grenada Licorice Root Market Revenues & Volume By Tobacco Industry for the Period 2021- 2031
Historical Data and Forecast of Grenada Licorice Root Market Revenues & Volume By Pharmaceutical Industry for the Period 2021- 2031
Historical Data and Forecast of Grenada Licorice Root Market Revenues & Volume By Cosmetic Industry for the Period 2021- 2031
Historical Data and Forecast of Grenada Licorice Root Market Revenues & Volume By Dietary Supplement for the Period 2021- 2031
Grenada Licorice Root Import Export Trade Statistics
Market Opportunity Assessment By Product Form
Market Opportunity Assessment By Product Type
Market Opportunity Assessment By Function Type
Market Opportunity Assessment By Grade Type
Market Opportunity Assessment By Raw Material Type
Market Opportunity Assessment By Ingredient Type
Market Opportunity Assessment By End User
Grenada Licorice Root Top Companies Market Share
Grenada Licorice Root Competitive Benchmarking By Technical and Operational Parameters
Grenada Licorice Root Company Profiles
Grenada Licorice Root Key Strategic Recommendations

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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 Grenada Licorice Root Market Overview

3.1 Grenada Country Macro Economic Indicators

3.2 Grenada Licorice Root Market Revenues & Volume, 2021 & 2031F

3.3 Grenada Licorice Root Market - Industry Life Cycle

3.4 Grenada Licorice Root Market - Porter's Five Forces

3.5 Grenada Licorice Root Market Revenues & Volume Share, By Product Form, 2021 & 2031F

3.6 Grenada Licorice Root Market Revenues & Volume Share, By Product Type, 2021 & 2031F

3.7 Grenada Licorice Root Market Revenues & Volume Share, By Function Type, 2021 & 2031F

3.8 Grenada Licorice Root Market Revenues & Volume Share, By Grade Type, 2021 & 2031F

3.9 Grenada Licorice Root Market Revenues & Volume Share, By Raw Material Type, 2021 & 2031F

3.10 Grenada Licorice Root Market Revenues & Volume Share, By Ingredient Type, 2021 & 2031F

3.11 Grenada Licorice Root Market Revenues & Volume Share, By End User, 2021 & 2031F

4 Grenada Licorice Root Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Grenada Licorice Root Market Trends

6 Grenada Licorice Root Market, By Types

6.1 Grenada Licorice Root Market, By Product Form

6.1.1 Overview and Analysis

6.1.2 Grenada Licorice Root Market Revenues & Volume, By Product Form, 2021- 2031F

6.1.3 Grenada Licorice Root Market Revenues & Volume, By Roots, 2021- 2031F

6.1.4 Grenada Licorice Root Market Revenues & Volume, By Extracts, 2021- 2031F

6.2 Grenada Licorice Root Market, By Product Type

6.2.1 Overview and Analysis

6.2.2 Grenada Licorice Root Market Revenues & Volume, By Essential Oils, 2021- 2031F

6.2.3 Grenada Licorice Root Market Revenues & Volume, By Liquid Malt Extract, 2021- 2031F

6.2.4 Grenada Licorice Root Market Revenues & Volume, By Oleoresins, 2021- 2031F

6.2.5 Grenada Licorice Root Market Revenues & Volume, By Herbs and Spices Dry Malt Extract, 2021- 2031F

6.2.6 Grenada Licorice Root Market Revenues & Volume, By Malt Flour, 2021- 2031F

6.3 Grenada Licorice Root Market, By Function Type

6.3.1 Overview and Analysis

6.3.2 Grenada Licorice Root Market Revenues & Volume, By Performance Enhancers, 2021- 2031F

6.3.3 Grenada Licorice Root Market Revenues & Volume, By Palatability Enhancers, 2021- 2031F

6.4 Grenada Licorice Root Market, By Grade Type

6.4.1 Overview and Analysis

6.4.2 Grenada Licorice Root Market Revenues & Volume, By Standard Malt, 2021- 2031F

6.4.3 Grenada Licorice Root Market Revenues & Volume, By Caramelized Malt, 2021- 2031F

6.4.4 Grenada Licorice Root Market Revenues & Volume, By Roasted Malt, 2021- 2031F

6.5 Grenada Licorice Root Market, By Raw Material Type

6.5.1 Overview and Analysis

6.5.2 Grenada Licorice Root Market Revenues & Volume, By Maize, 2021- 2031F

6.5.3 Grenada Licorice Root Market Revenues & Volume, By Barley, 2021- 2031F

6.5.4 Grenada Licorice Root Market Revenues & Volume, By Wheat, 2021- 2031F

6.5.5 Grenada Licorice Root Market Revenues & Volume, By Rice, 2021- 2031F

6.5.6 Grenada Licorice Root Market Revenues & Volume, By Rye, 2021- 2031F

6.5.7 Grenada Licorice Root Market Revenues & Volume, By Oat, 2021- 2031F

6.6 Grenada Licorice Root Market, By Ingredient Type

6.6.1 Overview and Analysis

6.6.2 Grenada Licorice Root Market Revenues & Volume, By Lipids, 2021- 2031F

6.6.3 Grenada Licorice Root Market Revenues & Volume, By Protein, 2021- 2031F

6.6.4 Grenada Licorice Root Market Revenues & Volume, By Polysaccharide, 2021- 2031F

6.6.5 Grenada Licorice Root Market Revenues & Volume, By Others, 2021- 2031F

6.7 Grenada Licorice Root Market, By End User

6.7.1 Overview and Analysis

6.7.2 Grenada Licorice Root Market Revenues & Volume, By Food and Beverage Industry, 2021- 2031F

6.7.3 Grenada Licorice Root Market Revenues & Volume, By Tobacco Industry, 2021- 2031F

6.7.4 Grenada Licorice Root Market Revenues & Volume, By Cosmetic Industry, 2021- 2031F

6.7.5 Grenada Licorice Root Market Revenues & Volume, By Cosmetic Industry, 2021- 2031F

6.7.6 Grenada Licorice Root Market Revenues & Volume, By Dietary Supplement, 2021- 2031F

7 Grenada Licorice Root Market Import-Export Trade Statistics

7.1 Grenada Licorice Root Market Export to Major Countries

7.2 Grenada Licorice Root Market Imports from Major Countries

8 Grenada Licorice Root Market Key Performance Indicators

9 Grenada Licorice Root Market - Opportunity Assessment

9.1 Grenada Licorice Root Market Opportunity Assessment, By Product Form, 2021 & 2031F

9.2 Grenada Licorice Root Market Opportunity Assessment, By Product Type, 2021 & 2031F

9.3 Grenada Licorice Root Market Opportunity Assessment, By Function Type, 2021 & 2031F

9.4 Grenada Licorice Root Market Opportunity Assessment, By Grade Type, 2021 & 2031F

9.5 Grenada Licorice Root Market Opportunity Assessment, By Raw Material Type, 2021 & 2031F

9.6 Grenada Licorice Root Market Opportunity Assessment, By Ingredient Type, 2021 & 2031F

9.7 Grenada Licorice Root Market Opportunity Assessment, By End User, 2021 & 2031F

10 Grenada Licorice Root Market - Competitive Landscape

10.1 Grenada Licorice Root Market Revenue Share, By Companies, 2024

10.2 Grenada Licorice Root Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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