| Product Code: ETC5002176 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Iran Licorice Extract Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 7.67% in 2026, following an initial rate of 7.42%, before easing to 4.04% at the end of the period.

Iran licorice extract market is thriving, driven by the growing demand for natural sweeteners and herbal ingredients in the food, beverage, and pharmaceutical industries. The country`s favorable climate for licorice cultivation and its rich biodiversity contribute to the availability of high-quality licorice extract, supporting market growth.
The Iran licorice extract market benefits from the growing demand for natural ingredients in food, beverages, and pharmaceuticals. Licorice extract`s medicinal properties, flavoring capabilities, and application versatility drive its adoption, supported by consumer preferences for clean label products.
The Iran Licorice Extract market encounters challenges related to sustainability and conservation of licorice plant resources, which are vulnerable to over-harvesting and habitat loss. Moreover, addressing regulatory requirements and quality standards for licorice extract production poses challenges for market players.
Government policies on herbal medicine regulation and export-import restrictions impact the Iran licorice extract market. Compliance with quality standards and adherence to phytosanitary regulations are crucial for market players.
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 Iran Licorice Extract Market Overview |
3.1 Iran Country Macro Economic Indicators |
3.2 Iran Licorice Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Iran Licorice Extract Market - Industry Life Cycle |
3.4 Iran Licorice Extract Market - Porter's Five Forces |
3.5 Iran Licorice Extract Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Iran Licorice Extract Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Iran Licorice Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Iran Licorice Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for natural and organic ingredients in the food and beverage industry |
4.2.2 Increasing awareness about the health benefits of licorice extract |
4.2.3 Rising utilization of licorice extract in traditional medicine and herbal supplements |
4.3 Market Restraints |
4.3.1 Fluctuating prices of licorice roots impacting the cost of licorice extract production |
4.3.2 Regulatory challenges and restrictions on licorice harvesting and processing |
5 Iran Licorice Extract Market Trends |
6 Iran Licorice Extract Market Segmentations |
6.1 Iran Licorice Extract Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Iran Licorice Extract Market Revenues & Volume, By Food Grade, 2021-2031F |
6.1.3 Iran Licorice Extract Market Revenues & Volume, By Feed Grade, 2021-2031F |
6.1.4 Iran Licorice Extract Market Revenues & Volume, By Pharmaceutical Grade, 2021-2031F |
6.2 Iran Licorice Extract Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Iran Licorice Extract Market Revenues & Volume, By Powder, 2021-2031F |
6.2.3 Iran Licorice Extract Market Revenues & Volume, By Liquid, 2021-2031F |
6.2.4 Iran Licorice Extract Market Revenues & Volume, By Block, 2021-2031F |
6.3 Iran Licorice Extract Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Iran Licorice Extract Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.3.3 Iran Licorice Extract Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.3.4 Iran Licorice Extract Market Revenues & Volume, By Tobacco, 2021-2031F |
6.3.5 Iran Licorice Extract Market Revenues & Volume, By Others, 2021-2031F |
7 Iran Licorice Extract Market Import-Export Trade Statistics |
7.1 Iran Licorice Extract Market Export to Major Countries |
7.2 Iran Licorice Extract Market Imports from Major Countries |
8 Iran Licorice Extract Market Key Performance Indicators |
8.1 Percentage of food and beverage products incorporating licorice extract |
8.2 Number of new product launches containing licorice extract |
8.3 Percentage of traditional medicine and herbal supplement market using licorice extract |
9 Iran Licorice Extract Market - Opportunity Assessment |
9.1 Iran Licorice Extract Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Iran Licorice Extract Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Iran Licorice Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Iran Licorice Extract Market - Competitive Landscape |
10.1 Iran Licorice Extract Market Revenue Share, By Companies, 2024 |
10.2 Iran Licorice Extract Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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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