| Product Code: ETC7395229 | 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 |
Guatemala`s licorice root import market in 2024 saw a diverse range of top exporting countries, with Peru, China, India, Egypt, and Nicaragua leading the way. The market remained competitive with a low concentration based on the Herfindahl-Hirschman Index (HHI). Despite a modest compound annual growth rate (CAGR) of 1.25% from 2020 to 2024, there was a slight decline in growth from 2023 to 2024 at -4.12%. This fluctuation indicates potential shifts in market dynamics and highlights the importance of monitoring trends in the licorice root import industry for stakeholders in Guatemala.

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