New Zealand Licorice Extract Market (2025-2031) | Companies, Size, Outlook, Revenue, Analysis, Growth, Forecast, Trends, Segmentation, Share, Industry & Value
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: Sep 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 Size Growth Rate
The New Zealand Licorice Extract Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate starts at 3.18% in 2025 and reaches 5.15% by 2029.
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.
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
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the New Zealand 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 New Zealand 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 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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