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

Name: Malaysia Licorice Extract Market (2025-2031) | Trends, Outlook & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Licorice Extract Market, Malaysia Licorice Extract Market, Malaysia Licorice Extract Market Revenues, Malaysia Licorice Extract Market Share, Malaysia Licorice Extract Market Size, Malaysia Licorice Extract Market Outlook, Malaysia Licorice Extract Market Report, Malaysia Licorice Extract Market Competition, Malaysia Licorice Extract Market Overview, Malaysia Licorice Extract Market Trends, Malaysia Licorice Extract Market Forecast

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: ETC389006	Publication Date: Aug 2022	Updated Date: Apr 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Ravi Bhandari	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

Malaysia Licorice Extract Market Size Growth Rate

The Malaysia Licorice Extract Market is likely to experience consistent growth rate gains over the period 2025 to 2029. The growth rate starts at 2.63% in 2025 and reaches 4.29% by 2029.

Malaysia Licorice Extract Market Growth Rate

Licorice Extract Market: Malaysia vs Top 5 Major Economies in 2027 (Asia)

The Licorice Extract market in Malaysia is projected to grow at a stable growth rate of 3.20% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

Licorice Extract Market: Malaysia vs Top 5 Major Economies in 2027 (Asia)

Malaysia Licorice Extract Market Synopsis

The Malaysia licorice extract market is witnessing steady growth, driven by its various applications in the food and beverage, pharmaceutical, and cosmetic industries. The natural sweetness and potential health benefits associated with licorice make it a sought-after ingredient in these sectors.

Drivers of the Market

The licorice extract market in Malaysia is poised for substantial growth. This can be attributed to the widespread application of licorice in the pharmaceutical and food industries. The natural sweetness and medicinal properties of licorice make it a popular ingredient. Furthermore, the rising awareness of the health benefits associated with licorice, such as its anti-inflammatory and antioxidant properties, is driving its demand in various products.

Challenges of the Market

The licorice extract market in Malaysia is anticipated to witness steady growth, driven by its applications in confectionery, herbal medicines, and cosmetics. However, challenges include the need for sustainable sourcing of licorice root and adherence to regulatory requirements for its use in various products.

COVID-19 Impact on the Market

Similar to hops extract, the licorice extract market experienced challenges as the pandemic led to a decline in the production and consumption of confectionery and herbal products. Licorice extract is commonly used in these industries. Despite initial setbacks, the market is expected to rebound as consumer preferences for natural and herbal ingredients continue to grow.

Key Players in the Market

Licorice extract has found its way into various industries, including pharmaceuticals, cosmetics, and food products, in Malaysia. Leading companies like Malaysia Licorice Corporation Berhad have established a strong presence in this market. The market outlook for licorice extract remains positive, driven by its wide range of applications in traditional medicine and modern industries alike. As consumer awareness of the health benefits associated with licorice extract continues to grow, the market is likely to witness sustained demand.

Key Highlights of the Report:

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

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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.

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