Iceland Licorice Root Market (2026-2032) | Companies, Growth, Analysis, Competitive Landscape, Segmentation, Industry, Trends, Share, Size & Revenue, Outlook, Forecast, Value

Name: Iceland Licorice Root Market (2026-2032) | Trends & Outlook
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Licorice Root Market, Iceland Licorice Root Market, Iceland Licorice Root Market Revenues, Iceland Licorice Root Market Share, Iceland Licorice Root Market Size, Iceland Licorice Root Market Outlook, Iceland Licorice Root Market Report, Iceland Licorice Root Market Competition, Iceland Licorice Root Market Overview, Iceland Licorice Root Market Trends, Iceland 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: ETC7525009	Publication Date: Sep 2024	Updated Date: Feb 2026	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Dhaval Chaurasia	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

Iceland Licorice Root Market: Import Trend Analysis

The import trend of licorice root in Iceland witnessed a decline from 2020 to 2024, with a Compound Annual Growth Rate (CAGR) of -0.46%. Particularly in 2023-2024, there was a significant year-on-year decrease of -20.74%, contributing to the overall downward trend in imports during this period.

Iceland Licorice Root Market: Import Trend Analysis

Key Highlights of the Report:

Iceland Licorice Root Market Outlook
Market Size of Iceland Licorice Root Market, 2025
Forecast of Iceland Licorice Root Market, 2032
Historical Data and Forecast of Iceland Licorice Root Revenues & Volume for the Period 2022-2032F
Iceland Licorice Root Market Trend Evolution
Iceland Licorice Root Market Drivers and Challenges
Iceland Licorice Root Price Trends
Iceland Licorice Root Porter's Five Forces
Iceland Licorice Root Industry Life Cycle
Historical Data and Forecast of Iceland Licorice Root Market Revenues & Volume By Product Form for the Period 2022-2032F
Historical Data and Forecast of Iceland Licorice Root Market Revenues & Volume By Roots for the Period 2022-2032F
Historical Data and Forecast of Iceland Licorice Root Market Revenues & Volume By Extracts for the Period 2022-2032F
Historical Data and Forecast of Iceland Licorice Root Market Revenues & Volume By Product Type for the Period 2022-2032F
Historical Data and Forecast of Iceland Licorice Root Market Revenues & Volume By Essential Oils for the Period 2022-2032F
Historical Data and Forecast of Iceland Licorice Root Market Revenues & Volume By Liquid Malt Extract for the Period 2022-2032F
Historical Data and Forecast of Iceland Licorice Root Market Revenues & Volume By Oleoresins for the Period 2022-2032F
Historical Data and Forecast of Iceland Licorice Root Market Revenues & Volume By Herbs and Spices Dry Malt Extract for the Period 2022-2032F
Historical Data and Forecast of Iceland Licorice Root Market Revenues & Volume By Malt Flour for the Period 2022-2032F
Historical Data and Forecast of Iceland Licorice Root Market Revenues & Volume By Function Type for the Period 2022-2032F
Historical Data and Forecast of Iceland Licorice Root Market Revenues & Volume By Performance Enhancers for the Period 2022-2032F
Historical Data and Forecast of Iceland Licorice Root Market Revenues & Volume By Palatability Enhancers for the Period 2022-2032F
Historical Data and Forecast of Iceland Licorice Root Market Revenues & Volume By Grade Type for the Period 2022-2032F
Historical Data and Forecast of Iceland Licorice Root Market Revenues & Volume By Standard Malt for the Period 2022-2032F
Historical Data and Forecast of Iceland Licorice Root Market Revenues & Volume By Caramelized Malt for the Period 2022-2032F
Historical Data and Forecast of Iceland Licorice Root Market Revenues & Volume By Roasted Malt for the Period 2022-2032F
Historical Data and Forecast of Iceland Licorice Root Market Revenues & Volume By Raw Material Type for the Period 2022-2032F
Historical Data and Forecast of Iceland Licorice Root Market Revenues & Volume By Maize for the Period 2022-2032F
Historical Data and Forecast of Iceland Licorice Root Market Revenues & Volume By Barley for the Period 2022-2032F
Historical Data and Forecast of Iceland Licorice Root Market Revenues & Volume By Wheat for the Period 2022-2032F
Historical Data and Forecast of Iceland Licorice Root Market Revenues & Volume By Rice for the Period 2022-2032F
Historical Data and Forecast of Iceland Licorice Root Market Revenues & Volume By Rye for the Period 2022-2032F
Historical Data and Forecast of Iceland Licorice Root Market Revenues & Volume By Oat for the Period 2022-2032F
Historical Data and Forecast of Iceland Licorice Root Market Revenues & Volume By Ingredient Type for the Period 2022-2032F
Historical Data and Forecast of Iceland Licorice Root Market Revenues & Volume By Lipids for the Period 2022-2032F
Historical Data and Forecast of Iceland Licorice Root Market Revenues & Volume By Protein for the Period 2022-2032F
Historical Data and Forecast of Iceland Licorice Root Market Revenues & Volume By Polysaccharide for the Period 2022-2032F
Historical Data and Forecast of Iceland Licorice Root Market Revenues & Volume By Others for the Period 2022-2032F
Historical Data and Forecast of Iceland Licorice Root Market Revenues & Volume By End User for the Period 2022-2032F
Historical Data and Forecast of Iceland Licorice Root Market Revenues & Volume By Food and Beverage Industry for the Period 2022-2032F
Historical Data and Forecast of Iceland Licorice Root Market Revenues & Volume By Tobacco Industry for the Period 2022-2032F
Historical Data and Forecast of Iceland Licorice Root Market Revenues & Volume By Pharmaceutical Industry for the Period 2022-2032F
Historical Data and Forecast of Iceland Licorice Root Market Revenues & Volume By Cosmetic Industry for the Period 2022-2032F
Historical Data and Forecast of Iceland Licorice Root Market Revenues & Volume By Dietary Supplement for the Period 2022-2032F
Iceland 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
Iceland Licorice Root Top Companies Market Share
Iceland Licorice Root Competitive Benchmarking By Technical and Operational Parameters
Iceland Licorice Root Company Profiles
Iceland Licorice Root Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 Iceland Licorice Root Market Overview

3.1 Iceland Country Macro Economic Indicators

3.2 Iceland Licorice Root Market Revenues & Volume, 2022 & 2032F

3.3 Iceland Licorice Root Market - Industry Life Cycle

3.4 Iceland Licorice Root Market - Porter's Five Forces

3.5 Iceland Licorice Root Market Revenues & Volume Share, By Product Form, 2022 & 2032F

3.6 Iceland Licorice Root Market Revenues & Volume Share, By Product Type, 2022 & 2032F

3.7 Iceland Licorice Root Market Revenues & Volume Share, By Function Type, 2022 & 2032F

3.8 Iceland Licorice Root Market Revenues & Volume Share, By Grade Type, 2022 & 2032F

3.9 Iceland Licorice Root Market Revenues & Volume Share, By Raw Material Type, 2022 & 2032F

3.10 Iceland Licorice Root Market Revenues & Volume Share, By Ingredient Type, 2022 & 2032F

3.11 Iceland Licorice Root Market Revenues & Volume Share, By End User, 2022 & 2032F

4 Iceland Licorice Root Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Iceland Licorice Root Market Trends

6 Iceland Licorice Root Market, By Types

6.1 Iceland Licorice Root Market, By Product Form

6.1.1 Overview and Analysis

6.1.2 Iceland Licorice Root Market Revenues & Volume, By Product Form, 2022-2032F

6.1.3 Iceland Licorice Root Market Revenues & Volume, By Roots, 2022-2032F

6.1.4 Iceland Licorice Root Market Revenues & Volume, By Extracts, 2022-2032F

6.2 Iceland Licorice Root Market, By Product Type

6.2.1 Overview and Analysis

6.2.2 Iceland Licorice Root Market Revenues & Volume, By Essential Oils, 2022-2032F

6.2.3 Iceland Licorice Root Market Revenues & Volume, By Liquid Malt Extract, 2022-2032F

6.2.4 Iceland Licorice Root Market Revenues & Volume, By Oleoresins, 2022-2032F

6.2.5 Iceland Licorice Root Market Revenues & Volume, By Herbs and Spices Dry Malt Extract, 2022-2032F

6.2.6 Iceland Licorice Root Market Revenues & Volume, By Malt Flour, 2022-2032F

6.3 Iceland Licorice Root Market, By Function Type

6.3.1 Overview and Analysis

6.3.2 Iceland Licorice Root Market Revenues & Volume, By Performance Enhancers, 2022-2032F

6.3.3 Iceland Licorice Root Market Revenues & Volume, By Palatability Enhancers, 2022-2032F

6.4 Iceland Licorice Root Market, By Grade Type

6.4.1 Overview and Analysis

6.4.2 Iceland Licorice Root Market Revenues & Volume, By Standard Malt, 2022-2032F

6.4.3 Iceland Licorice Root Market Revenues & Volume, By Caramelized Malt, 2022-2032F

6.4.4 Iceland Licorice Root Market Revenues & Volume, By Roasted Malt, 2022-2032F

6.5 Iceland Licorice Root Market, By Raw Material Type

6.5.1 Overview and Analysis

6.5.2 Iceland Licorice Root Market Revenues & Volume, By Maize, 2022-2032F

6.5.3 Iceland Licorice Root Market Revenues & Volume, By Barley, 2022-2032F

6.5.4 Iceland Licorice Root Market Revenues & Volume, By Wheat, 2022-2032F

6.5.5 Iceland Licorice Root Market Revenues & Volume, By Rice, 2022-2032F

6.5.6 Iceland Licorice Root Market Revenues & Volume, By Rye, 2022-2032F

6.5.7 Iceland Licorice Root Market Revenues & Volume, By Oat, 2022-2032F

6.6 Iceland Licorice Root Market, By Ingredient Type

6.6.1 Overview and Analysis

6.6.2 Iceland Licorice Root Market Revenues & Volume, By Lipids, 2022-2032F

6.6.3 Iceland Licorice Root Market Revenues & Volume, By Protein, 2022-2032F

6.6.4 Iceland Licorice Root Market Revenues & Volume, By Polysaccharide, 2022-2032F

6.6.5 Iceland Licorice Root Market Revenues & Volume, By Others, 2022-2032F

6.7 Iceland Licorice Root Market, By End User

6.7.1 Overview and Analysis

6.7.2 Iceland Licorice Root Market Revenues & Volume, By Food and Beverage Industry, 2022-2032F

6.7.3 Iceland Licorice Root Market Revenues & Volume, By Tobacco Industry, 2022-2032F

6.7.4 Iceland Licorice Root Market Revenues & Volume, By Cosmetic Industry, 2022-2032F

6.7.5 Iceland Licorice Root Market Revenues & Volume, By Cosmetic Industry, 2022-2032F

6.7.6 Iceland Licorice Root Market Revenues & Volume, By Dietary Supplement, 2022-2032F

7 Iceland Licorice Root Market Import-Export Trade Statistics

7.1 Iceland Licorice Root Market Export to Major Countries

7.2 Iceland Licorice Root Market Imports from Major Countries

8 Iceland Licorice Root Market Key Performance Indicators

9 Iceland Licorice Root Market - Opportunity Assessment

9.1 Iceland Licorice Root Market Opportunity Assessment, By Product Form, 2022 & 2032F

9.2 Iceland Licorice Root Market Opportunity Assessment, By Product Type, 2022 & 2032F

9.3 Iceland Licorice Root Market Opportunity Assessment, By Function Type, 2022 & 2032F

9.4 Iceland Licorice Root Market Opportunity Assessment, By Grade Type, 2022 & 2032F

9.5 Iceland Licorice Root Market Opportunity Assessment, By Raw Material Type, 2022 & 2032F

9.6 Iceland Licorice Root Market Opportunity Assessment, By Ingredient Type, 2022 & 2032F

9.7 Iceland Licorice Root Market Opportunity Assessment, By End User, 2022 & 2032F

10 Iceland Licorice Root Market - Competitive Landscape

10.1 Iceland Licorice Root Market Revenue Share, By Companies, 2025

10.2 Iceland 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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