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

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: ETC7568269 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

Indonesia Licorice Root Market: Import Trend Analysis

Indonesia`s licorice root market witnessed a notable import trend, with a substantial growth rate of 507.69% from 2023 to 2024. However, the compound annual growth rate (CAGR) for 2020-2024 stood at -25.62%. This significant surge in imports could be attributed to a potential demand shift or market recovery, indicating evolving dynamics within the industry.

 Indonesia Licorice Root Market: Import Trend Analysis

Key Highlights of the Report:

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

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Indonesia Licorice Root Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Indonesia Licorice Root Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Indonesia Licorice Root Market Overview

3.1 Indonesia Country Macro Economic Indicators

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

3.3 Indonesia Licorice Root Market - Industry Life Cycle

3.4 Indonesia Licorice Root Market - Porter's Five Forces

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

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

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

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

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

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

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

4 Indonesia Licorice Root Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growing awareness about the health benefits of licorice root in Indonesia

4.2.2 Increasing demand for natural and herbal products in the Indonesian market

4.2.3 Rising disposable income and changing consumer preferences towards traditional remedies

4.3 Market Restraints

4.3.1 Limited availability of licorice root due to geographical constraints and climatic conditions

4.3.2 Strict regulations and quality standards governing the import and export of licorice root

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

5 Indonesia Licorice Root Market Trends

6 Indonesia Licorice Root Market, By Types

6.1 Indonesia Licorice Root Market, By Product Form

6.1.1 Overview and Analysis

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

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

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

6.2 Indonesia Licorice Root Market, By Product Type

6.2.1 Overview and Analysis

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

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

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

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

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

6.3 Indonesia Licorice Root Market, By Function Type

6.3.1 Overview and Analysis

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

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

6.4 Indonesia Licorice Root Market, By Grade Type

6.4.1 Overview and Analysis

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

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

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

6.5 Indonesia Licorice Root Market, By Raw Material Type

6.5.1 Overview and Analysis

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

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

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

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

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

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

6.6 Indonesia Licorice Root Market, By Ingredient Type

6.6.1 Overview and Analysis

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

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

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

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

6.7 Indonesia Licorice Root Market, By End User

6.7.1 Overview and Analysis

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

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

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

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

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

7 Indonesia Licorice Root Market Import-Export Trade Statistics

7.1 Indonesia Licorice Root Market Export to Major Countries

7.2 Indonesia Licorice Root Market Imports from Major Countries

8 Indonesia Licorice Root Market Key Performance Indicators

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

8.2 Percentage increase in licorice root cultivation area in Indonesia

8.3 Research and development investment in licorice root processing technologies

9 Indonesia Licorice Root Market - Opportunity Assessment

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

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

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

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

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

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

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

10 Indonesia Licorice Root Market - Competitive Landscape

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

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

11 Company Profiles

12 Recommendations

13 Disclaimer

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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