| Product Code: ETC7741309 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The licorice root import market in Japan experienced significant growth in 2024, with top exporting countries being China, Russia, Uzbekistan, Afghanistan, and Pakistan. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained very high, indicating a competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 13.64%, with a notable growth rate of 23.64% from 2023 to 2024. This data suggests a strong demand for licorice root in Japan, highlighting opportunities for both domestic and international suppliers in the market.

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 Japan Licorice Root Market Overview |
3.1 Japan Country Macro Economic Indicators |
3.2 Japan Licorice Root Market Revenues & Volume, 2021 & 2031F |
3.3 Japan Licorice Root Market - Industry Life Cycle |
3.4 Japan Licorice Root Market - Porter's Five Forces |
3.5 Japan Licorice Root Market Revenues & Volume Share, By Product Form, 2021 & 2031F |
3.6 Japan Licorice Root Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Japan Licorice Root Market Revenues & Volume Share, By Function Type, 2021 & 2031F |
3.8 Japan Licorice Root Market Revenues & Volume Share, By Grade Type, 2021 & 2031F |
3.9 Japan Licorice Root Market Revenues & Volume Share, By Raw Material Type, 2021 & 2031F |
3.10 Japan Licorice Root Market Revenues & Volume Share, By Ingredient Type, 2021 & 2031F |
3.11 Japan Licorice Root Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Japan Licorice Root Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer awareness about the health benefits of licorice root |
4.2.2 Increasing demand for natural and herbal ingredients in food and beverage products |
4.2.3 Rising popularity of traditional Asian medicine and herbal remedies |
4.3 Market Restraints |
4.3.1 Stringent regulatory requirements for licorice root cultivation and processing |
4.3.2 Fluctuations in licorice root supply due to environmental factors |
4.3.3 Competition from alternative herbal ingredients in the market |
5 Japan Licorice Root Market Trends |
6 Japan Licorice Root Market, By Types |
6.1 Japan Licorice Root Market, By Product Form |
6.1.1 Overview and Analysis |
6.1.2 Japan Licorice Root Market Revenues & Volume, By Product Form, 2021- 2031F |
6.1.3 Japan Licorice Root Market Revenues & Volume, By Roots, 2021- 2031F |
6.1.4 Japan Licorice Root Market Revenues & Volume, By Extracts, 2021- 2031F |
6.2 Japan Licorice Root Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Japan Licorice Root Market Revenues & Volume, By Essential Oils, 2021- 2031F |
6.2.3 Japan Licorice Root Market Revenues & Volume, By Liquid Malt Extract, 2021- 2031F |
6.2.4 Japan Licorice Root Market Revenues & Volume, By Oleoresins, 2021- 2031F |
6.2.5 Japan Licorice Root Market Revenues & Volume, By Herbs and Spices Dry Malt Extract, 2021- 2031F |
6.2.6 Japan Licorice Root Market Revenues & Volume, By Malt Flour, 2021- 2031F |
6.3 Japan Licorice Root Market, By Function Type |
6.3.1 Overview and Analysis |
6.3.2 Japan Licorice Root Market Revenues & Volume, By Performance Enhancers, 2021- 2031F |
6.3.3 Japan Licorice Root Market Revenues & Volume, By Palatability Enhancers, 2021- 2031F |
6.4 Japan Licorice Root Market, By Grade Type |
6.4.1 Overview and Analysis |
6.4.2 Japan Licorice Root Market Revenues & Volume, By Standard Malt, 2021- 2031F |
6.4.3 Japan Licorice Root Market Revenues & Volume, By Caramelized Malt, 2021- 2031F |
6.4.4 Japan Licorice Root Market Revenues & Volume, By Roasted Malt, 2021- 2031F |
6.5 Japan Licorice Root Market, By Raw Material Type |
6.5.1 Overview and Analysis |
6.5.2 Japan Licorice Root Market Revenues & Volume, By Maize, 2021- 2031F |
6.5.3 Japan Licorice Root Market Revenues & Volume, By Barley, 2021- 2031F |
6.5.4 Japan Licorice Root Market Revenues & Volume, By Wheat, 2021- 2031F |
6.5.5 Japan Licorice Root Market Revenues & Volume, By Rice, 2021- 2031F |
6.5.6 Japan Licorice Root Market Revenues & Volume, By Rye, 2021- 2031F |
6.5.7 Japan Licorice Root Market Revenues & Volume, By Oat, 2021- 2031F |
6.6 Japan Licorice Root Market, By Ingredient Type |
6.6.1 Overview and Analysis |
6.6.2 Japan Licorice Root Market Revenues & Volume, By Lipids, 2021- 2031F |
6.6.3 Japan Licorice Root Market Revenues & Volume, By Protein, 2021- 2031F |
6.6.4 Japan Licorice Root Market Revenues & Volume, By Polysaccharide, 2021- 2031F |
6.6.5 Japan Licorice Root Market Revenues & Volume, By Others, 2021- 2031F |
6.7 Japan Licorice Root Market, By End User |
6.7.1 Overview and Analysis |
6.7.2 Japan Licorice Root Market Revenues & Volume, By Food and Beverage Industry, 2021- 2031F |
6.7.3 Japan Licorice Root Market Revenues & Volume, By Tobacco Industry, 2021- 2031F |
6.7.4 Japan Licorice Root Market Revenues & Volume, By Cosmetic Industry, 2021- 2031F |
6.7.5 Japan Licorice Root Market Revenues & Volume, By Cosmetic Industry, 2021- 2031F |
6.7.6 Japan Licorice Root Market Revenues & Volume, By Dietary Supplement, 2021- 2031F |
7 Japan Licorice Root Market Import-Export Trade Statistics |
7.1 Japan Licorice Root Market Export to Major Countries |
7.2 Japan Licorice Root Market Imports from Major Countries |
8 Japan Licorice Root Market Key Performance Indicators |
8.1 Number of new licorice root product launches in the Japanese market |
8.2 Consumer perception and awareness levels of licorice root benefits |
8.3 Adoption rate of licorice root in various industries such as food, beverage, and pharmaceuticals |
9 Japan Licorice Root Market - Opportunity Assessment |
9.1 Japan Licorice Root Market Opportunity Assessment, By Product Form, 2021 & 2031F |
9.2 Japan Licorice Root Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Japan Licorice Root Market Opportunity Assessment, By Function Type, 2021 & 2031F |
9.4 Japan Licorice Root Market Opportunity Assessment, By Grade Type, 2021 & 2031F |
9.5 Japan Licorice Root Market Opportunity Assessment, By Raw Material Type, 2021 & 2031F |
9.6 Japan Licorice Root Market Opportunity Assessment, By Ingredient Type, 2021 & 2031F |
9.7 Japan Licorice Root Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Japan Licorice Root Market - Competitive Landscape |
10.1 Japan Licorice Root Market Revenue Share, By Companies, 2024 |
10.2 Japan 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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