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

Name: India Licorice Root Market (2025-2031) | Trends & Outlook
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Licorice Root Market, India Licorice Root Market, India Licorice Root Market Revenues, India Licorice Root Market Share, India Licorice Root Market Size, India Licorice Root Market Outlook, India Licorice Root Market Report, India Licorice Root Market Competition, India Licorice Root Market Overview, India Licorice Root Market Trends, India 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: ETC7546639	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

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

In 2024, India`s licorice root import market continued to see significant concentration, with top exporters being Afghanistan, Netherlands, China, USA, and Nigeria. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a steady 4.11%, while the growth rate from 2023 to 2024 surged to an impressive 31.53%. This data suggests a robust demand for licorice root in India, with key exporting countries demonstrating strong competitiveness in the market.

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

Key Highlights of the Report:

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

Frequently Asked Questions About the Market Study (FAQs):

How does 6Wresearch market report help businesses in making strategic decisions?

Do you also provide customisation in the market study?

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 India Licorice Root Market Overview

3.1 India Country Macro Economic Indicators

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

3.3 India Licorice Root Market - Industry Life Cycle

3.4 India Licorice Root Market - Porter's Five Forces

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

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

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

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

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

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

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

4 India Licorice Root Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing awareness about the health benefits of licorice root in India

4.2.2 Growing demand for natural and herbal products in the Indian market

4.2.3 Rising prevalence of lifestyle-related health issues driving the demand for licorice root products

4.3 Market Restraints

4.3.1 Limited availability of licorice root due to geographical constraints

4.3.2 Fluctuations in raw material prices impacting the cost of licorice root products

4.3.3 Stringent regulations and quality standards affecting the licorice root market in India

5 India Licorice Root Market Trends

6 India Licorice Root Market, By Types

6.1 India Licorice Root Market, By Product Form

6.1.1 Overview and Analysis

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

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

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

6.2 India Licorice Root Market, By Product Type

6.2.1 Overview and Analysis

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

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

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

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

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

6.3 India Licorice Root Market, By Function Type

6.3.1 Overview and Analysis

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

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

6.4 India Licorice Root Market, By Grade Type

6.4.1 Overview and Analysis

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

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

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

6.5 India Licorice Root Market, By Raw Material Type

6.5.1 Overview and Analysis

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

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

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

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

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

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

6.6 India Licorice Root Market, By Ingredient Type

6.6.1 Overview and Analysis

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

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

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

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

6.7 India Licorice Root Market, By End User

6.7.1 Overview and Analysis

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

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

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

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

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

7 India Licorice Root Market Import-Export Trade Statistics

7.1 India Licorice Root Market Export to Major Countries

7.2 India Licorice Root Market Imports from Major Countries

8 India Licorice Root Market Key Performance Indicators

8.1 Number of new licorice root product launches in the Indian market

8.2 Growth in the number of licorice root farms or cultivation areas in India

8.3 Consumer awareness levels about the benefits and uses of licorice root in India

9 India Licorice Root Market - Opportunity Assessment

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

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

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

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

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

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

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

10 India Licorice Root Market - Competitive Landscape

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

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

11 Company Profiles

12 Recommendations

13 Disclaimer

Africa Licorice Root Market

Croatia Licorice Root Market

Cuba Licorice Root Market

Cyprus Licorice Root Market

Denmark Licorice Root Market

Djibouti Licorice Root Market

Global Licorice Root Market

Middle East Licorice Root Market

North America Licorice Root Market

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.

To discover high-growth global markets and optimize your business strategy:

Click Here