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

Name: Hong Kong Licorice Root Market (2025-2031) | Trends & Outlook
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Licorice Root Market, Hong Kong Licorice Root Market, Hong Kong Licorice Root Market Revenues, Hong Kong Licorice Root Market Share, Hong Kong Licorice Root Market Size, Hong Kong Licorice Root Market Outlook, Hong Kong Licorice Root Market Report, Hong Kong Licorice Root Market Competition, Hong Kong Licorice Root Market Overview, Hong Kong Licorice Root Market Trends, Hong Kong 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: ETC7481749	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

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

The Hong Kong licorice root import market saw significant growth in 2024, with top exporting countries being China, USA, Taiwan, Germany, and Italy. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was 2.87%, with a notable growth rate of 29.94% from 2023 to 2024. This suggests a growing demand for licorice root in Hong Kong, presenting opportunities for market players to capitalize on this trend.

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

Key Highlights of the Report:

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

3.1 Hong Kong Country Macro Economic Indicators

3.2 Hong Kong Licorice Root Market Revenues & Volume, 2021 & 2031F

3.3 Hong Kong Licorice Root Market - Industry Life Cycle

3.4 Hong Kong Licorice Root Market - Porter's Five Forces

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

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

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

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

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

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

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

4 Hong Kong Licorice Root Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Hong Kong Licorice Root Market Trends

6 Hong Kong Licorice Root Market, By Types

6.1 Hong Kong Licorice Root Market, By Product Form

6.1.1 Overview and Analysis

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

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

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

6.2 Hong Kong Licorice Root Market, By Product Type

6.2.1 Overview and Analysis

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

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

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

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

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

6.3 Hong Kong Licorice Root Market, By Function Type

6.3.1 Overview and Analysis

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

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

6.4 Hong Kong Licorice Root Market, By Grade Type

6.4.1 Overview and Analysis

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

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

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

6.5 Hong Kong Licorice Root Market, By Raw Material Type

6.5.1 Overview and Analysis

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

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

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

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

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

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

6.6 Hong Kong Licorice Root Market, By Ingredient Type

6.6.1 Overview and Analysis

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

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

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

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

6.7 Hong Kong Licorice Root Market, By End User

6.7.1 Overview and Analysis

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

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

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

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

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

7 Hong Kong Licorice Root Market Import-Export Trade Statistics

7.1 Hong Kong Licorice Root Market Export to Major Countries

7.2 Hong Kong Licorice Root Market Imports from Major Countries

8 Hong Kong Licorice Root Market Key Performance Indicators

9 Hong Kong Licorice Root Market - Opportunity Assessment

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

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

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

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

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

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

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

10 Hong Kong Licorice Root Market - Competitive Landscape

10.1 Hong Kong Licorice Root Market Revenue Share, By Companies, 2024

10.2 Hong Kong 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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