| Product Code: ETC8044129 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Lithuania continues to see steady growth in licorice root imports, with key suppliers being Poland, Latvia, India, Other European countries, and Germany. The market shows moderate concentration with a Herfindahl-Hirschman Index (HHI) in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 stands at a healthy 9.43%, indicating a growing demand for licorice root in Lithuania. The growth rate from 2023 to 2024 is also positive at 3.82%, highlighting a continued upward trajectory in import shipments for this popular ingredient.

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 Root Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Licorice Root Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Licorice Root Market - Industry Life Cycle |
3.4 Lithuania Licorice Root Market - Porter's Five Forces |
3.5 Lithuania Licorice Root Market Revenues & Volume Share, By Product Form, 2021 & 2031F |
3.6 Lithuania Licorice Root Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Lithuania Licorice Root Market Revenues & Volume Share, By Function Type, 2021 & 2031F |
3.8 Lithuania Licorice Root Market Revenues & Volume Share, By Grade Type, 2021 & 2031F |
3.9 Lithuania Licorice Root Market Revenues & Volume Share, By Raw Material Type, 2021 & 2031F |
3.10 Lithuania Licorice Root Market Revenues & Volume Share, By Ingredient Type, 2021 & 2031F |
3.11 Lithuania Licorice Root Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Lithuania Licorice Root Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Lithuania Licorice Root Market Trends |
6 Lithuania Licorice Root Market, By Types |
6.1 Lithuania Licorice Root Market, By Product Form |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Licorice Root Market Revenues & Volume, By Product Form, 2021- 2031F |
6.1.3 Lithuania Licorice Root Market Revenues & Volume, By Roots, 2021- 2031F |
6.1.4 Lithuania Licorice Root Market Revenues & Volume, By Extracts, 2021- 2031F |
6.2 Lithuania Licorice Root Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Licorice Root Market Revenues & Volume, By Essential Oils, 2021- 2031F |
6.2.3 Lithuania Licorice Root Market Revenues & Volume, By Liquid Malt Extract, 2021- 2031F |
6.2.4 Lithuania Licorice Root Market Revenues & Volume, By Oleoresins, 2021- 2031F |
6.2.5 Lithuania Licorice Root Market Revenues & Volume, By Herbs and Spices Dry Malt Extract, 2021- 2031F |
6.2.6 Lithuania Licorice Root Market Revenues & Volume, By Malt Flour, 2021- 2031F |
6.3 Lithuania Licorice Root Market, By Function Type |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Licorice Root Market Revenues & Volume, By Performance Enhancers, 2021- 2031F |
6.3.3 Lithuania Licorice Root Market Revenues & Volume, By Palatability Enhancers, 2021- 2031F |
6.4 Lithuania Licorice Root Market, By Grade Type |
6.4.1 Overview and Analysis |
6.4.2 Lithuania Licorice Root Market Revenues & Volume, By Standard Malt, 2021- 2031F |
6.4.3 Lithuania Licorice Root Market Revenues & Volume, By Caramelized Malt, 2021- 2031F |
6.4.4 Lithuania Licorice Root Market Revenues & Volume, By Roasted Malt, 2021- 2031F |
6.5 Lithuania Licorice Root Market, By Raw Material Type |
6.5.1 Overview and Analysis |
6.5.2 Lithuania Licorice Root Market Revenues & Volume, By Maize, 2021- 2031F |
6.5.3 Lithuania Licorice Root Market Revenues & Volume, By Barley, 2021- 2031F |
6.5.4 Lithuania Licorice Root Market Revenues & Volume, By Wheat, 2021- 2031F |
6.5.5 Lithuania Licorice Root Market Revenues & Volume, By Rice, 2021- 2031F |
6.5.6 Lithuania Licorice Root Market Revenues & Volume, By Rye, 2021- 2031F |
6.5.7 Lithuania Licorice Root Market Revenues & Volume, By Oat, 2021- 2031F |
6.6 Lithuania Licorice Root Market, By Ingredient Type |
6.6.1 Overview and Analysis |
6.6.2 Lithuania Licorice Root Market Revenues & Volume, By Lipids, 2021- 2031F |
6.6.3 Lithuania Licorice Root Market Revenues & Volume, By Protein, 2021- 2031F |
6.6.4 Lithuania Licorice Root Market Revenues & Volume, By Polysaccharide, 2021- 2031F |
6.6.5 Lithuania Licorice Root Market Revenues & Volume, By Others, 2021- 2031F |
6.7 Lithuania Licorice Root Market, By End User |
6.7.1 Overview and Analysis |
6.7.2 Lithuania Licorice Root Market Revenues & Volume, By Food and Beverage Industry, 2021- 2031F |
6.7.3 Lithuania Licorice Root Market Revenues & Volume, By Tobacco Industry, 2021- 2031F |
6.7.4 Lithuania Licorice Root Market Revenues & Volume, By Cosmetic Industry, 2021- 2031F |
6.7.5 Lithuania Licorice Root Market Revenues & Volume, By Cosmetic Industry, 2021- 2031F |
6.7.6 Lithuania Licorice Root Market Revenues & Volume, By Dietary Supplement, 2021- 2031F |
7 Lithuania Licorice Root Market Import-Export Trade Statistics |
7.1 Lithuania Licorice Root Market Export to Major Countries |
7.2 Lithuania Licorice Root Market Imports from Major Countries |
8 Lithuania Licorice Root Market Key Performance Indicators |
9 Lithuania Licorice Root Market - Opportunity Assessment |
9.1 Lithuania Licorice Root Market Opportunity Assessment, By Product Form, 2021 & 2031F |
9.2 Lithuania Licorice Root Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Lithuania Licorice Root Market Opportunity Assessment, By Function Type, 2021 & 2031F |
9.4 Lithuania Licorice Root Market Opportunity Assessment, By Grade Type, 2021 & 2031F |
9.5 Lithuania Licorice Root Market Opportunity Assessment, By Raw Material Type, 2021 & 2031F |
9.6 Lithuania Licorice Root Market Opportunity Assessment, By Ingredient Type, 2021 & 2031F |
9.7 Lithuania Licorice Root Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Lithuania Licorice Root Market - Competitive Landscape |
10.1 Lithuania Licorice Root Market Revenue Share, By Companies, 2024 |
10.2 Lithuania 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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