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

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: ETC5002189 Publication Date: Nov 2023 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Shubham Padhi No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Lithuania Licorice Extract Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The Lithuania licorice extract import market experienced a shift in concentration levels from moderate to high in 2024, with top exporting countries being China, Metropolitan France, Italy, Other Europe, and Spain. Despite a slight decline in growth rate in 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained positive at 1.51%. This suggests a steady demand for licorice extract in Lithuania, with key players in the market maintaining their positions and potentially exploring opportunities for further expansion.

Lithuania Licorice Extract Market Top 5 Importing Countries and Market Competition (HHI) Analysis

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


By 2027, the Licorice Extract market in Lithuania is anticipated to reach a growth rate of 0.81%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

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

Key Highlights of the Report:

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

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Lithuania 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 Lithuania 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 Lithuania Licorice Extract Market Overview

3.1 Lithuania Country Macro Economic Indicators

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

3.3 Lithuania Licorice Extract Market - Industry Life Cycle

3.4 Lithuania Licorice Extract Market - Porter's Five Forces

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

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

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

4 Lithuania Licorice Extract Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growing awareness about the health benefits of licorice extract

4.2.2 Increasing demand for natural and organic ingredients in the food and pharmaceutical industries

4.2.3 Rising popularity of licorice extract in skincare and cosmetics products

4.3 Market Restraints

4.3.1 Fluctuations in raw material prices impacting the cost of licorice extract production

4.3.2 Stringent regulations and quality standards in the food and pharmaceutical sectors affecting market entry barriers

5 Lithuania Licorice Extract Market Trends

6 Lithuania Licorice Extract Market Segmentations

6.1 Lithuania Licorice Extract Market, By Product Type

6.1.1 Overview and Analysis

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

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

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

6.2 Lithuania Licorice Extract Market, By Form

6.2.1 Overview and Analysis

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

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

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

6.3 Lithuania Licorice Extract Market, By Application

6.3.1 Overview and Analysis

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

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

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

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

7 Lithuania Licorice Extract Market Import-Export Trade Statistics

7.1 Lithuania Licorice Extract Market Export to Major Countries

7.2 Lithuania Licorice Extract Market Imports from Major Countries

8 Lithuania Licorice Extract Market Key Performance Indicators

8.1 Consumer interest and search volume for licorice extract-based products

8.2 Number of new product launches containing licorice extract

8.3 Investment in research and development for innovative applications of licorice extract

9 Lithuania Licorice Extract Market - Opportunity Assessment

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

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

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

10 Lithuania Licorice Extract Market - Competitive Landscape

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

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

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

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.

To discover high-growth global markets and optimize your business strategy:

Click Here
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

Thought Leadership and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Related Reports

Industry Events and Analyst Meet

Whitepaper

Read All