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

Name: New Zealand Licorice Extract Market (2025-2031) | Trends, Outlook & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Licorice Extract Market, New Zealand Licorice Extract Market, New Zealand Licorice Extract Market Revenues, New Zealand Licorice Extract Market Share, New Zealand Licorice Extract Market Size, New Zealand Licorice Extract Market Outlook, New Zealand Licorice Extract Market Report, New Zealand Licorice Extract Market Competition, New Zealand Licorice Extract Market Overview, New Zealand Licorice Extract Market Trends, New Zealand 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: ETC5002208	Publication Date: Nov 2023	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Sachin Kumar Rai	No. of Pages: 60	No. of Figures: 30	No. of Tables: 5

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

New Zealand`s licorice extract import market saw a shift in concentration levels from high to moderate in 2024, with top exporters including China, India, Taiwan, USA, and Australia. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained strong at 10.44%. These trends suggest a stable market with diverse sources of licorice extract supply, providing opportunities for continued growth and competitiveness in the industry.

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

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

In the Asia region, the Licorice Extract market in New Zealand is projected to expand at a stable growth rate of 2.22% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.

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

New Zealand Licorice Extract Market Overview

Licorice extract is used in food, pharmaceuticals, and cosmetics in New Zealand. The market benefits from the demand for natural sweeteners and flavoring agents, as well as the extract`s health benefits.

Drivers of the market

The demand for licorice extract in New Zealand is driven by its wide range of applications in the food and beverage, pharmaceutical, and cosmetics industries. The growing consumer preference for natural and herbal products boosts the market. Licorice extract`s health benefits, such as its anti-inflammatory and antioxidant properties, contribute to its popularity in dietary supplements and functional foods. Additionally, the increasing use of licorice extract in traditional and alternative medicine supports market growth.

Challenges of the market

Challenges in the Licorice Extract market stem from sustainability concerns and supply chain disruptions. As a key ingredient in food, pharmaceuticals, and cosmetics, ensuring responsible sourcing practices and mitigating risks associated with climate change and geopolitical instability is essential.

Government Policy of the market

The licorice extract market is affected by agricultural policies, import regulations, and health standards. The government`s support for organic farming and natural products, along with stringent quality control measures, impacts market dynamics. Additionally, regulations on herbal and traditional medicines play a role.

Key Highlights of the Report:

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

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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 New Zealand Licorice Extract Market Overview

3.1 New Zealand Country Macro Economic Indicators

3.2 New Zealand Licorice Extract Market Revenues & Volume, 2021 & 2031F

3.3 New Zealand Licorice Extract Market - Industry Life Cycle

3.4 New Zealand Licorice Extract Market - Porter's Five Forces

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

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

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

4 New Zealand 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 food and beverage products

4.2.3 Rising popularity of licorice extract in skincare and cosmetics industry

4.3 Market Restraints

4.3.1 Fluctuating prices of raw licorice root affecting production costs

4.3.2 Regulatory challenges related to the use of licorice extract in certain products

4.3.3 Competition from alternative natural sweeteners and flavoring agents

5 New Zealand Licorice Extract Market Trends

6 New Zealand Licorice Extract Market Segmentations

6.1 New Zealand Licorice Extract Market, By Product Type

6.1.1 Overview and Analysis

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

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

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

6.2 New Zealand Licorice Extract Market, By Form

6.2.1 Overview and Analysis

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

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

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

6.3 New Zealand Licorice Extract Market, By Application

6.3.1 Overview and Analysis

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

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

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

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

7 New Zealand Licorice Extract Market Import-Export Trade Statistics

7.1 New Zealand Licorice Extract Market Export to Major Countries

7.2 New Zealand Licorice Extract Market Imports from Major Countries

8 New Zealand Licorice Extract Market Key Performance Indicators

8.1 Consumer engagement with licorice extract-based products on social media platforms

8.2 Number of new product launches containing licorice extract

8.3 Growth in research and development investments in the licorice extract market

8.4 Number of partnerships and collaborations within the licorice extract industry

8.5 Increase in export volumes of licorice extract from New Zealand

9 New Zealand Licorice Extract Market - Opportunity Assessment

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

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

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

10 New Zealand Licorice Extract Market - Competitive Landscape

10.1 New Zealand Licorice Extract Market Revenue Share, By Companies, 2024

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

11 Company Profiles

12 Recommendations

13 Disclaimer

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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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