| Product Code: ETC8260429 | 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 |
Mauritius continues to witness a significant influx of licorice root imports, with key exporting countries including Indonesia, India, Metropolitan France, Turkey, and the UK. The high concentration in the Herfindahl-Hirschman Index (HHI) indicates a competitive market landscape. The impressive compound annual growth rate (CAGR) of 21.5% from 2020 to 2024 underscores the rising demand for licorice root in Mauritius. Moreover, the remarkable growth rate of 107.43% in 2024 highlights a surge in import shipments, signaling lucrative opportunities for market players in the licorice root industry.

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