Ireland Licorice Extract Market (2025-2031) | Value, Analysis, Companies, Industry, Share, Outlook, Trends, Revenue, Size, Segmentation, Growth & Forecast

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

Market Forecast By Product Type (Food Grade, Feed Grade, Pharmaceutical Grade), By Form (Powder, Liquid, Block), By Application (Food & Beverages, Pharmaceutical, Tobacco, Others) And Competitive Landscape

Product Code: ETC5002177	Publication Date: Nov 2023	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Sachin Kumar Rai	No. of Pages: 60	No. of Figures: 30	No. of Tables: 5

Ireland Licorice Extract Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Ireland continued to see a high concentration of licorice extract imports, with the top exporting countries being the USA, China, India, Germany, and the UK. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024, there was a notable growth spurt in 2024 with a 15.98% increase from the previous year. The sustained high Herfindahl-Hirschman Index (HHI) indicates a competitive market landscape, suggesting potential opportunities for market players to differentiate their offerings and capitalize on the growing demand for licorice extract in Ireland.

Ireland Licorice Extract Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Licorice Extract Market: Ireland vs Top 5 Major Economies in 2027 (Europe)

The Licorice Extract market in Ireland is projected to grow at a negative growth rate of -0.01% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

Licorice Extract Market: Ireland vs Top 5 Major Economies in 2027 (Europe)

Key Highlights of the Report:

Ireland Licorice Extract Market Outlook
Market Size of Ireland Licorice Extract Market, 2024
Forecast of Ireland Licorice Extract Market, 2031
Historical Data and Forecast of Ireland Licorice Extract Revenues & Volume for the Period 2021-2031
Ireland Licorice Extract Market Trend Evolution
Ireland Licorice Extract Market Drivers and Challenges
Ireland Licorice Extract Price Trends
Ireland Licorice Extract Porter`s Five Forces
Ireland Licorice Extract Industry Life Cycle
Historical Data and Forecast of Ireland Licorice Extract Market Revenues & Volume By Product Type for the Period 2021-2031
Historical Data and Forecast of Ireland Licorice Extract Market Revenues & Volume By Food Grade for the Period 2021-2031
Historical Data and Forecast of Ireland Licorice Extract Market Revenues & Volume By Feed Grade for the Period 2021-2031
Historical Data and Forecast of Ireland Licorice Extract Market Revenues & Volume By Pharmaceutical Grade for the Period 2021-2031
Historical Data and Forecast of Ireland Licorice Extract Market Revenues & Volume By Form for the Period 2021-2031
Historical Data and Forecast of Ireland Licorice Extract Market Revenues & Volume By Powder for the Period 2021-2031
Historical Data and Forecast of Ireland Licorice Extract Market Revenues & Volume By Liquid for the Period 2021-2031
Historical Data and Forecast of Ireland Licorice Extract Market Revenues & Volume By Block for the Period 2021-2031
Historical Data and Forecast of Ireland Licorice Extract Market Revenues & Volume By Application for the Period 2021-2031
Historical Data and Forecast of Ireland Licorice Extract Market Revenues & Volume By Food & Beverages for the Period 2021-2031
Historical Data and Forecast of Ireland Licorice Extract Market Revenues & Volume By Pharmaceutical for the Period 2021-2031
Historical Data and Forecast of Ireland Licorice Extract Market Revenues & Volume By Tobacco for the Period 2021-2031
Historical Data and Forecast of Ireland Licorice Extract Market Revenues & Volume By Others for the Period 2021-2031
Ireland Licorice Extract Import Export Trade Statistics
Market Opportunity Assessment By Product Type
Market Opportunity Assessment By Form
Market Opportunity Assessment By Application
Ireland Licorice Extract Top Companies Market Share
Ireland Licorice Extract Competitive Benchmarking By Technical and Operational Parameters
Ireland Licorice Extract Company Profiles
Ireland Licorice Extract Key Strategic Recommendations

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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 Ireland Licorice Extract Market Overview

3.1 Ireland Country Macro Economic Indicators

3.2 Ireland Licorice Extract Market Revenues & Volume, 2021 & 2031F

3.3 Ireland Licorice Extract Market - Industry Life Cycle

3.4 Ireland Licorice Extract Market - Porter's Five Forces

3.5 Ireland Licorice Extract Market Revenues & Volume Share, By Product Type, 2021 & 2031F

3.6 Ireland Licorice Extract Market Revenues & Volume Share, By Form, 2021 & 2031F

3.7 Ireland Licorice Extract Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Ireland Licorice Extract Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing awareness about the health benefits of licorice extract

4.2.2 Growing demand for natural ingredients in the food and beverage industry

4.2.3 Rising popularity of herbal and alternative medicines

4.3 Market Restraints

4.3.1 Stringent regulations on licorice extract production and usage

4.3.2 Fluctuating prices of licorice root impacting extract costs

5 Ireland Licorice Extract Market Trends

6 Ireland Licorice Extract Market Segmentations

6.1 Ireland Licorice Extract Market, By Product Type

6.1.1 Overview and Analysis

6.1.2 Ireland Licorice Extract Market Revenues & Volume, By Food Grade, 2021-2031F

6.1.3 Ireland Licorice Extract Market Revenues & Volume, By Feed Grade, 2021-2031F

6.1.4 Ireland Licorice Extract Market Revenues & Volume, By Pharmaceutical Grade, 2021-2031F

6.2 Ireland Licorice Extract Market, By Form

6.2.1 Overview and Analysis

6.2.2 Ireland Licorice Extract Market Revenues & Volume, By Powder, 2021-2031F

6.2.3 Ireland Licorice Extract Market Revenues & Volume, By Liquid, 2021-2031F

6.2.4 Ireland Licorice Extract Market Revenues & Volume, By Block, 2021-2031F

6.3 Ireland Licorice Extract Market, By Application

6.3.1 Overview and Analysis

6.3.2 Ireland Licorice Extract Market Revenues & Volume, By Food & Beverages, 2021-2031F

6.3.3 Ireland Licorice Extract Market Revenues & Volume, By Pharmaceutical, 2021-2031F

6.3.4 Ireland Licorice Extract Market Revenues & Volume, By Tobacco, 2021-2031F

6.3.5 Ireland Licorice Extract Market Revenues & Volume, By Others, 2021-2031F

7 Ireland Licorice Extract Market Import-Export Trade Statistics

7.1 Ireland Licorice Extract Market Export to Major Countries

7.2 Ireland Licorice Extract Market Imports from Major Countries

8 Ireland Licorice Extract Market Key Performance Indicators

8.1 Number of new product launches containing licorice extract

8.2 Consumer perception and acceptance of licorice extract-based products

8.3 Research and development investments in licorice extract innovations

9 Ireland Licorice Extract Market - Opportunity Assessment

9.1 Ireland Licorice Extract Market Opportunity Assessment, By Product Type, 2021 & 2031F

9.2 Ireland Licorice Extract Market Opportunity Assessment, By Form, 2021 & 2031F

9.3 Ireland Licorice Extract Market Opportunity Assessment, By Application, 2021 & 2031F

10 Ireland Licorice Extract Market - Competitive Landscape

10.1 Ireland Licorice Extract Market Revenue Share, By Companies, 2024

10.2 Ireland Licorice Extract 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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