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

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: ETC5002184 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

Latvia Licorice Extract Market Size Growth Rate


The Latvia Licorice Extract Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 1.37% in 2028, following an initial rate of 0.80%, before easing to 1.00% at the end of the period.

Latvia Licorice Extract Market Growth Rate

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


Latvia's Licorice Extract market is anticipated to experience a stable growth rate of 1.29% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.

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

Key Highlights of the Report:

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

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Licorice Extract Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Licorice Extract Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

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 Latvia Licorice Extract Market Overview

3.1 Latvia Country Macro Economic Indicators

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

3.3 Latvia Licorice Extract Market - Industry Life Cycle

3.4 Latvia Licorice Extract Market - Porter's Five Forces

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

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

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

4 Latvia Licorice Extract Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growing consumer awareness about the health benefits of licorice extract.

4.2.2 Increasing demand for natural and organic ingredients in the food and beverage industry.

4.2.3 Rising use of licorice extract in pharmaceutical and nutraceutical products.

4.3 Market Restraints

4.3.1 Fluctuations in raw material prices impacting production costs.

4.3.2 Stringent regulations and quality standards governing the production and use of licorice extract.

4.3.3 Competition from substitute products in the market.

5 Latvia Licorice Extract Market Trends

6 Latvia Licorice Extract Market Segmentations

6.1 Latvia Licorice Extract Market, By Product Type

6.1.1 Overview and Analysis

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

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

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

6.2 Latvia Licorice Extract Market, By Form

6.2.1 Overview and Analysis

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

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

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

6.3 Latvia Licorice Extract Market, By Application

6.3.1 Overview and Analysis

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

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

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

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

7 Latvia Licorice Extract Market Import-Export Trade Statistics

7.1 Latvia Licorice Extract Market Export to Major Countries

7.2 Latvia Licorice Extract Market Imports from Major Countries

8 Latvia Licorice Extract Market Key Performance Indicators

8.1 Percentage increase in the number of products containing licorice extract.

8.2 Growth in the number of research studies highlighting the health benefits of licorice extract.

8.3 Expansion of distribution channels for licorice extract products.

9 Latvia Licorice Extract Market - Opportunity Assessment

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

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

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

10 Latvia Licorice Extract Market - Competitive Landscape

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

10.2 Latvia Licorice Extract Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Related Reports

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All