| Product Code: ETC7546826 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s import shipments of liquorice shellac in 2024 were primarily sourced from Indonesia, Thailand, China, Bangladesh, and Spain. These top exporting countries indicate a diverse supply chain for India`s liquorice shellac imports. Despite a high concentration with a high Herfindahl-Hirschman Index (HHI) in 2024, the compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 37.09%. However, there was a notable decline in growth rate from 2023 to 2024 at -27.62%, signaling a potential shift in market dynamics that importers and exporters should monitor closely.

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 Liquorice Shellac Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Liquorice Shellac Market Revenues & Volume, 2021 & 2031F |
3.3 India Liquorice Shellac Market - Industry Life Cycle |
3.4 India Liquorice Shellac Market - Porter's Five Forces |
3.5 India Liquorice Shellac Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Liquorice Shellac Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Liquorice Shellac Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing awareness of the health benefits of liquorice shellac |
4.2.2 Increasing demand for natural and organic ingredients in the food and pharmaceutical industries |
4.2.3 Expansion of the food processing and cosmetics industries in India |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Stringent government regulations and quality standards |
4.3.3 Limited availability of skilled labor for processing liquorice shellac |
5 India Liquorice Shellac Market Trends |
6 India Liquorice Shellac Market, By Types |
6.1 India Liquorice Shellac Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Liquorice Shellac Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 India Liquorice Shellac Market Revenues & Volume, By Hot Filtration, 2021- 2031F |
6.1.4 India Liquorice Shellac Market Revenues & Volume, By Solvent Method, 2021- 2031F |
6.2 India Liquorice Shellac Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Liquorice Shellac Market Revenues & Volume, By Food Industry, 2021- 2031F |
6.2.3 India Liquorice Shellac Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.2.4 India Liquorice Shellac Market Revenues & Volume, By Others, 2021- 2031F |
7 India Liquorice Shellac Market Import-Export Trade Statistics |
7.1 India Liquorice Shellac Market Export to Major Countries |
7.2 India Liquorice Shellac Market Imports from Major Countries |
8 India Liquorice Shellac Market Key Performance Indicators |
8.1 Percentage of food and pharmaceutical companies using liquorice shellac in their products |
8.2 Number of new product launches containing liquorice shellac |
8.3 Growth in export volume of liquorice shellac products |
9 India Liquorice Shellac Market - Opportunity Assessment |
9.1 India Liquorice Shellac Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Liquorice Shellac Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Liquorice Shellac Market - Competitive Landscape |
10.1 India Liquorice Shellac Market Revenue Share, By Companies, 2024 |
10.2 India Liquorice Shellac Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |