Pakistan Licorice Extract Market Outlook | Growth, COVID-19 IMPACT, Trends, Size, Value, Forecast, Revenue, Industry, Companies, Analysis & Share
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: ETC389017 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Pakistan Licorice Extract Market Size Growth Rate
The Pakistan Licorice Extract Market may undergo a gradual slowdown in growth rates between 2025 and 2029. Beginning strongly at -0.79% in 2025, growth softens to -1.45% in 2029.
Licorice Extract Market: Pakistan vs Top 5 Major Economies in 2027 (Asia)
By 2027, Pakistan's Licorice Extract market is forecasted to achieve a negative growth rate of -1.00%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
Pakistan Licorice Extract Market Overview
The licorice extract market in Pakistan is expanding due to its applications in pharmaceuticals, cosmetics, and the food industry. Licorice extract is valued for its anti-inflammatory and sweetening properties, making it a versatile ingredient in various products.
Drivers of the market
The licorice extract market in Pakistan is driven by the demand for licorice extract in pharmaceuticals, confectioneries, and cosmetics due to its sweet flavor and medicinal properties. Licorice extract offers benefits such as natural sweetness, anti-inflammatory, and antioxidant properties. The emphasis on natural ingredients, health benefits, and the growth of the food and pharmaceutical industries are key drivers.
Challenges of the market
The licorice extract market in Pakistan encounters challenges such as fluctuating licorice root supply and limited awareness among consumers and industries about the benefits and applications of licorice extract. Market growth is hindered by the reliance on imported raw materials, making the market susceptible to supply chain disruptions and price fluctuations. Ensuring product quality, purity, and meeting regulatory standards are significant challenges.
Government Policy of the market
The Pakistan Licorice Extract Market shows promising growth due to increasing applications in food, pharmaceutical, and cosmetic industries. Government policies promoting herbal medicine and natural ingredients contribute to market expansion. Licorice extract, derived from licorice roots, offers health benefits and flavoring properties. Market demand centers on high-quality and standardized licorice extracts for use in confectionery, herbal supplements, and skincare products, driving investments in cultivation and extraction technologies.
Key Highlights of the Report:
- Pakistan Licorice Extract Market Outlook
- Market Size of Pakistan Licorice Extract Market, 2024
- Forecast of Pakistan Licorice Extract Market, 2031
- Historical Data and Forecast of Pakistan Licorice Extract Revenues & Volume for the Period 2018 - 2031
- Pakistan Licorice Extract Market Trend Evolution
- Pakistan Licorice Extract Market Drivers and Challenges
- Pakistan Licorice Extract Price Trends
- Pakistan Licorice Extract Porter's Five Forces
- Pakistan Licorice Extract Industry Life Cycle
- Historical Data and Forecast of Pakistan Licorice Extract Market Revenues & Volume By Product Type for the Period 2018 - 2031
- Historical Data and Forecast of Pakistan Licorice Extract Market Revenues & Volume By Food Grade for the Period 2018 - 2031
- Historical Data and Forecast of Pakistan Licorice Extract Market Revenues & Volume By Feed Grade for the Period 2018 - 2031
- Historical Data and Forecast of Pakistan Licorice Extract Market Revenues & Volume By Pharmaceutical Grade for the Period 2018 - 2031
- Historical Data and Forecast of Pakistan Licorice Extract Market Revenues & Volume By Form for the Period 2018 - 2031
- Historical Data and Forecast of Pakistan Licorice Extract Market Revenues & Volume By Powder for the Period 2018 - 2031
- Historical Data and Forecast of Pakistan Licorice Extract Market Revenues & Volume By Liquid for the Period 2018 - 2031
- Historical Data and Forecast of Pakistan Licorice Extract Market Revenues & Volume By Block for the Period 2018 - 2031
- Historical Data and Forecast of Pakistan Licorice Extract Market Revenues & Volume By Application for the Period 2018 - 2031
- Historical Data and Forecast of Pakistan Licorice Extract Market Revenues & Volume By Food & Beverages for the Period 2018 - 2031
- Historical Data and Forecast of Pakistan Licorice Extract Market Revenues & Volume By Pharmaceutical for the Period 2018 - 2031
- Historical Data and Forecast of Pakistan Licorice Extract Market Revenues & Volume By Tobacco for the Period 2018 - 2031
- Historical Data and Forecast of Pakistan Licorice Extract Market Revenues & Volume By Others for the Period 2018 - 2031
- Pakistan Licorice Extract Import Export Trade Statistics
- Market Opportunity Assessment By Product Type
- Market Opportunity Assessment By Form
- Market Opportunity Assessment By Application
- Pakistan Licorice Extract Top Companies Market Share
- Pakistan Licorice Extract Competitive Benchmarking By Technical and Operational Parameters
- Pakistan Licorice Extract Company Profiles
- Pakistan Licorice Extract Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Pakistan 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 Pakistan Licorice Extract Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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