Product Code: ETC5002182 | 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 Kyrgyz Republic Licorice Extract Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 0.87% in 2027, following an initial rate of 0.52%, before easing to 0.64% at the end of the period.
By 2027, Kyrgyz Republic's Licorice Extract market is forecasted to achieve a stable growth rate of 0.87%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
The licorice extract market in Kyrgyzstan benefits from its wide applications in confectionery, pharmaceuticals, and cosmetics. Known for its sweet flavor and therapeutic properties, licorice extract is in demand for both food products and health supplements. The market is driven by the increasing preference for natural and herbal ingredients.
The licorice extract market in Kyrgyzstan is influenced by the growing demand for natural and herbal ingredients in food, pharmaceutical, and cosmetic products. As licorice extract offers various health benefits and flavoring properties, there is increasing utilization in confectionery, beverages, and traditional medicine formulations, leading to market expansion driven by consumer preferences for natural and functional ingredients.
Despite the traditional use of licorice extract in herbal medicine and confectionery products, the market in Kyrgyzstan faces challenges such as fluctuating supply and demand dynamics, quality control issues, and sustainability concerns related to licorice cultivation. Moreover, regulatory constraints, particularly regarding glycyrrhizin content and safety standards, impact market access and export opportunities. Additionally, competition from synthetic substitutes and alternative sweeteners poses challenges to the licorice extract market`s growth and profitability.
Kyrgyzstan`s government may implement agricultural policies to support licorice cultivation and processing, as well as quality standards and export regulations to ensure product integrity and market competitiveness.
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 Kyrgyzstan Licorice Extract Market Overview |
3.1 Kyrgyzstan Country Macro Economic Indicators |
3.2 Kyrgyzstan Licorice Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Kyrgyzstan Licorice Extract Market - Industry Life Cycle |
3.4 Kyrgyzstan Licorice Extract Market - Porter's Five Forces |
3.5 Kyrgyzstan Licorice Extract Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Kyrgyzstan Licorice Extract Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Kyrgyzstan Licorice Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Kyrgyzstan Licorice Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for natural and herbal ingredients in the pharmaceutical and nutraceutical industries |
4.2.2 Increasing awareness about the health benefits of licorice extract, such as its anti-inflammatory and antimicrobial properties |
4.2.3 Rising adoption of licorice extract in the food and beverage industry for flavoring and sweetening purposes |
4.3 Market Restraints |
4.3.1 Fluctuating prices of licorice roots due to factors like weather conditions and geopolitical tensions |
4.3.2 Stringent regulations related to licorice cultivation and extraction processes |
4.3.3 Limited availability of high-quality licorice roots leading to supply chain challenges |
5 Kyrgyzstan Licorice Extract Market Trends |
6 Kyrgyzstan Licorice Extract Market Segmentations |
6.1 Kyrgyzstan Licorice Extract Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Kyrgyzstan Licorice Extract Market Revenues & Volume, By Food Grade, 2021-2031F |
6.1.3 Kyrgyzstan Licorice Extract Market Revenues & Volume, By Feed Grade, 2021-2031F |
6.1.4 Kyrgyzstan Licorice Extract Market Revenues & Volume, By Pharmaceutical Grade, 2021-2031F |
6.2 Kyrgyzstan Licorice Extract Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Kyrgyzstan Licorice Extract Market Revenues & Volume, By Powder, 2021-2031F |
6.2.3 Kyrgyzstan Licorice Extract Market Revenues & Volume, By Liquid, 2021-2031F |
6.2.4 Kyrgyzstan Licorice Extract Market Revenues & Volume, By Block, 2021-2031F |
6.3 Kyrgyzstan Licorice Extract Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Kyrgyzstan Licorice Extract Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.3.3 Kyrgyzstan Licorice Extract Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.3.4 Kyrgyzstan Licorice Extract Market Revenues & Volume, By Tobacco, 2021-2031F |
6.3.5 Kyrgyzstan Licorice Extract Market Revenues & Volume, By Others, 2021-2031F |
7 Kyrgyzstan Licorice Extract Market Import-Export Trade Statistics |
7.1 Kyrgyzstan Licorice Extract Market Export to Major Countries |
7.2 Kyrgyzstan Licorice Extract Market Imports from Major Countries |
8 Kyrgyzstan Licorice Extract Market Key Performance Indicators |
8.1 Percentage increase in the number of pharmaceutical and nutraceutical products incorporating licorice extract |
8.2 Growth in the number of research studies highlighting the health benefits of licorice extract |
8.3 Expansion of licorice extract applications in new product launches in the food and beverage industry |
9 Kyrgyzstan Licorice Extract Market - Opportunity Assessment |
9.1 Kyrgyzstan Licorice Extract Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Kyrgyzstan Licorice Extract Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Kyrgyzstan Licorice Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Kyrgyzstan Licorice Extract Market - Competitive Landscape |
10.1 Kyrgyzstan Licorice Extract Market Revenue Share, By Companies, 2024 |
10.2 Kyrgyzstan Licorice Extract Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |