Product Code: ETC5002178 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
The Israel Licorice Extract Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to -0.04% in 2028, following an initial rate of -0.04%, before easing to -0.04% at the end of the period.
By 2027, Israel's Licorice Extract market is forecasted to achieve a negative growth rate of -0.04%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.
The licorice extract market in Israel involves the production and distribution of extracts derived from the licorice plant`s roots, primarily used in food and beverage, pharmaceutical, and cosmetic industries. Licorice extract is valued for its sweet flavor, natural sweetness, and medicinal properties, making it a versatile ingredient in various products.
The licorice extract market in Israel is experiencing significant growth, driven by several factors. Firstly, the increasing demand for natural and plant-based ingredients in the food and beverage industry is fueling the popularity of licorice extract as a flavoring agent and sweetener. With consumers seeking healthier and clean label products, there is a growing preference for natural sweeteners derived from botanical sources such as licorice root. Moreover, the medicinal properties of licorice extract, including its anti-inflammatory and digestive health benefits, are driving its use in pharmaceuticals, herbal supplements, and nutraceuticals. Additionally, the growing awareness regarding the cultural and culinary significance of licorice in Middle Eastern and Mediterranean cuisines is expanding its market presence in Israel. Furthermore, advancements in extraction technologies and sustainable sourcing practices are enhancing the quality and sustainability of licorice extract, further stimulating market growth.
In the Israel Licorice Extract market, challenges include supply chain disruptions, quality control, and sustainability concerns. Licorice extract, derived from the roots of the licorice plant, is used in various industries, including food and beverage, pharmaceuticals, and cosmetics. However, challenges arise in sourcing high-quality licorice roots, ensuring consistency in extract composition, and meeting regulatory standards for safety and purity in Israel. Moreover, addressing environmental sustainability concerns, such as overharvesting and habitat degradation, requires sustainable sourcing practices and certification programs for licorice extract suppliers.
In the licorice extract market, government policies focus on ensuring product quality and safety. Regulations require licorice extract producers to adhere to strict health and safety standards. The government also supports agricultural practices that ensure the sustainable cultivation of licorice plants.
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 Israel Licorice Extract Market Overview |
3.1 Israel Country Macro Economic Indicators |
3.2 Israel Licorice Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Israel Licorice Extract Market - Industry Life Cycle |
3.4 Israel Licorice Extract Market - Porter's Five Forces |
3.5 Israel Licorice Extract Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Israel Licorice Extract Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Israel Licorice Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Israel Licorice Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of licorice extract |
4.2.2 Growing demand for natural and plant-based ingredients in the food and beverage industry |
4.2.3 Rising adoption of licorice extract in pharmaceuticals for its medicinal properties |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices affecting production costs |
4.3.2 Regulatory challenges and compliance requirements in the licorice extract market |
4.3.3 Competition from substitute products impacting market growth |
5 Israel Licorice Extract Market Trends |
6 Israel Licorice Extract Market Segmentations |
6.1 Israel Licorice Extract Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Israel Licorice Extract Market Revenues & Volume, By Food Grade, 2021-2031F |
6.1.3 Israel Licorice Extract Market Revenues & Volume, By Feed Grade, 2021-2031F |
6.1.4 Israel Licorice Extract Market Revenues & Volume, By Pharmaceutical Grade, 2021-2031F |
6.2 Israel Licorice Extract Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Israel Licorice Extract Market Revenues & Volume, By Powder, 2021-2031F |
6.2.3 Israel Licorice Extract Market Revenues & Volume, By Liquid, 2021-2031F |
6.2.4 Israel Licorice Extract Market Revenues & Volume, By Block, 2021-2031F |
6.3 Israel Licorice Extract Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Israel Licorice Extract Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.3.3 Israel Licorice Extract Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.3.4 Israel Licorice Extract Market Revenues & Volume, By Tobacco, 2021-2031F |
6.3.5 Israel Licorice Extract Market Revenues & Volume, By Others, 2021-2031F |
7 Israel Licorice Extract Market Import-Export Trade Statistics |
7.1 Israel Licorice Extract Market Export to Major Countries |
7.2 Israel Licorice Extract Market Imports from Major Countries |
8 Israel Licorice Extract Market Key Performance Indicators |
8.1 Consumer engagement and feedback on licorice extract products |
8.2 Research and development investments in innovative licorice extract applications |
8.3 Number of new product launches featuring licorice extract as an ingredient |
9 Israel Licorice Extract Market - Opportunity Assessment |
9.1 Israel Licorice Extract Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Israel Licorice Extract Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Israel Licorice Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Israel Licorice Extract Market - Competitive Landscape |
10.1 Israel Licorice Extract Market Revenue Share, By Companies, 2024 |
10.2 Israel Licorice Extract Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |