| Product Code: ETC7633159 | 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 |
In 2024, Ireland saw a steady increase in licorice root import shipments, with top exporting countries being China, India, USA, Metropolitan France, and the UK. The market remains moderately concentrated with a competitive landscape. The Compound Annual Growth Rate (CAGR) from 2020 to 2024 stands at an impressive 12.97%, indicating a healthy demand for licorice root in Ireland. The growth rate from 2023 to 2024 was also strong at 11.39%, suggesting a positive trend in the market. This data highlights the significance of licorice root imports for the Irish market and the potential for further growth.

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 Root Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Licorice Root Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Licorice Root Market - Industry Life Cycle |
3.4 Ireland Licorice Root Market - Porter's Five Forces |
3.5 Ireland Licorice Root Market Revenues & Volume Share, By Product Form, 2021 & 2031F |
3.6 Ireland Licorice Root Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Ireland Licorice Root Market Revenues & Volume Share, By Function Type, 2021 & 2031F |
3.8 Ireland Licorice Root Market Revenues & Volume Share, By Grade Type, 2021 & 2031F |
3.9 Ireland Licorice Root Market Revenues & Volume Share, By Raw Material Type, 2021 & 2031F |
3.10 Ireland Licorice Root Market Revenues & Volume Share, By Ingredient Type, 2021 & 2031F |
3.11 Ireland Licorice Root Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Ireland Licorice Root Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Ireland Licorice Root Market Trends |
6 Ireland Licorice Root Market, By Types |
6.1 Ireland Licorice Root Market, By Product Form |
6.1.1 Overview and Analysis |
6.1.2 Ireland Licorice Root Market Revenues & Volume, By Product Form, 2021- 2031F |
6.1.3 Ireland Licorice Root Market Revenues & Volume, By Roots, 2021- 2031F |
6.1.4 Ireland Licorice Root Market Revenues & Volume, By Extracts, 2021- 2031F |
6.2 Ireland Licorice Root Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Ireland Licorice Root Market Revenues & Volume, By Essential Oils, 2021- 2031F |
6.2.3 Ireland Licorice Root Market Revenues & Volume, By Liquid Malt Extract, 2021- 2031F |
6.2.4 Ireland Licorice Root Market Revenues & Volume, By Oleoresins, 2021- 2031F |
6.2.5 Ireland Licorice Root Market Revenues & Volume, By Herbs and Spices Dry Malt Extract, 2021- 2031F |
6.2.6 Ireland Licorice Root Market Revenues & Volume, By Malt Flour, 2021- 2031F |
6.3 Ireland Licorice Root Market, By Function Type |
6.3.1 Overview and Analysis |
6.3.2 Ireland Licorice Root Market Revenues & Volume, By Performance Enhancers, 2021- 2031F |
6.3.3 Ireland Licorice Root Market Revenues & Volume, By Palatability Enhancers, 2021- 2031F |
6.4 Ireland Licorice Root Market, By Grade Type |
6.4.1 Overview and Analysis |
6.4.2 Ireland Licorice Root Market Revenues & Volume, By Standard Malt, 2021- 2031F |
6.4.3 Ireland Licorice Root Market Revenues & Volume, By Caramelized Malt, 2021- 2031F |
6.4.4 Ireland Licorice Root Market Revenues & Volume, By Roasted Malt, 2021- 2031F |
6.5 Ireland Licorice Root Market, By Raw Material Type |
6.5.1 Overview and Analysis |
6.5.2 Ireland Licorice Root Market Revenues & Volume, By Maize, 2021- 2031F |
6.5.3 Ireland Licorice Root Market Revenues & Volume, By Barley, 2021- 2031F |
6.5.4 Ireland Licorice Root Market Revenues & Volume, By Wheat, 2021- 2031F |
6.5.5 Ireland Licorice Root Market Revenues & Volume, By Rice, 2021- 2031F |
6.5.6 Ireland Licorice Root Market Revenues & Volume, By Rye, 2021- 2031F |
6.5.7 Ireland Licorice Root Market Revenues & Volume, By Oat, 2021- 2031F |
6.6 Ireland Licorice Root Market, By Ingredient Type |
6.6.1 Overview and Analysis |
6.6.2 Ireland Licorice Root Market Revenues & Volume, By Lipids, 2021- 2031F |
6.6.3 Ireland Licorice Root Market Revenues & Volume, By Protein, 2021- 2031F |
6.6.4 Ireland Licorice Root Market Revenues & Volume, By Polysaccharide, 2021- 2031F |
6.6.5 Ireland Licorice Root Market Revenues & Volume, By Others, 2021- 2031F |
6.7 Ireland Licorice Root Market, By End User |
6.7.1 Overview and Analysis |
6.7.2 Ireland Licorice Root Market Revenues & Volume, By Food and Beverage Industry, 2021- 2031F |
6.7.3 Ireland Licorice Root Market Revenues & Volume, By Tobacco Industry, 2021- 2031F |
6.7.4 Ireland Licorice Root Market Revenues & Volume, By Cosmetic Industry, 2021- 2031F |
6.7.5 Ireland Licorice Root Market Revenues & Volume, By Cosmetic Industry, 2021- 2031F |
6.7.6 Ireland Licorice Root Market Revenues & Volume, By Dietary Supplement, 2021- 2031F |
7 Ireland Licorice Root Market Import-Export Trade Statistics |
7.1 Ireland Licorice Root Market Export to Major Countries |
7.2 Ireland Licorice Root Market Imports from Major Countries |
8 Ireland Licorice Root Market Key Performance Indicators |
9 Ireland Licorice Root Market - Opportunity Assessment |
9.1 Ireland Licorice Root Market Opportunity Assessment, By Product Form, 2021 & 2031F |
9.2 Ireland Licorice Root Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Ireland Licorice Root Market Opportunity Assessment, By Function Type, 2021 & 2031F |
9.4 Ireland Licorice Root Market Opportunity Assessment, By Grade Type, 2021 & 2031F |
9.5 Ireland Licorice Root Market Opportunity Assessment, By Raw Material Type, 2021 & 2031F |
9.6 Ireland Licorice Root Market Opportunity Assessment, By Ingredient Type, 2021 & 2031F |
9.7 Ireland Licorice Root Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Ireland Licorice Root Market - Competitive Landscape |
10.1 Ireland Licorice Root Market Revenue Share, By Companies, 2024 |
10.2 Ireland Licorice Root 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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