| Product Code: ETC5002214 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Panama Licorice Extract Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 0.26% in 2025, climbs to a high of 0.34% in 2027, and moderates to 0.12% by 2029.

By 2027, the Licorice Extract market in Panama is anticipated to reach a growth rate of 0.34%, as part of an increasingly competitive Latin America region, where Brazil remains at the forefront, supported by Mexico, Argentina, Colombia and Chile, driving innovations and market adoption across sectors.

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 Panama Licorice Extract Market Overview |
3.1 Panama Country Macro Economic Indicators |
3.2 Panama Licorice Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Panama Licorice Extract Market - Industry Life Cycle |
3.4 Panama Licorice Extract Market - Porter's Five Forces |
3.5 Panama Licorice Extract Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Panama Licorice Extract Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Panama Licorice Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Panama Licorice Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer preference for natural and organic ingredients in food and beverages |
4.2.2 Increasing awareness about the health benefits of licorice extract, such as its anti-inflammatory and antioxidant properties |
4.2.3 Rising demand for licorice extract in the pharmaceutical industry for its medicinal properties |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices, such as licorice root, impacting the overall production cost of licorice extract |
4.3.2 Stringent regulations and quality standards in the licorice extract market, leading to compliance challenges for manufacturers |
5 Panama Licorice Extract Market Trends |
6 Panama Licorice Extract Market Segmentations |
6.1 Panama Licorice Extract Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Panama Licorice Extract Market Revenues & Volume, By Food Grade, 2021-2031F |
6.1.3 Panama Licorice Extract Market Revenues & Volume, By Feed Grade, 2021-2031F |
6.1.4 Panama Licorice Extract Market Revenues & Volume, By Pharmaceutical Grade, 2021-2031F |
6.2 Panama Licorice Extract Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Panama Licorice Extract Market Revenues & Volume, By Powder, 2021-2031F |
6.2.3 Panama Licorice Extract Market Revenues & Volume, By Liquid, 2021-2031F |
6.2.4 Panama Licorice Extract Market Revenues & Volume, By Block, 2021-2031F |
6.3 Panama Licorice Extract Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Panama Licorice Extract Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.3.3 Panama Licorice Extract Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.3.4 Panama Licorice Extract Market Revenues & Volume, By Tobacco, 2021-2031F |
6.3.5 Panama Licorice Extract Market Revenues & Volume, By Others, 2021-2031F |
7 Panama Licorice Extract Market Import-Export Trade Statistics |
7.1 Panama Licorice Extract Market Export to Major Countries |
7.2 Panama Licorice Extract Market Imports from Major Countries |
8 Panama Licorice Extract Market Key Performance Indicators |
8.1 Number of new product launches containing licorice extract |
8.2 Percentage increase in research and development investments in licorice extract-based products |
8.3 Growth in the number of partnerships and collaborations between licorice extract manufacturers and pharmaceutical companies |
8.4 Expansion of distribution channels for licorice extract products |
8.5 Increase in consumer awareness and perception of licorice extract as a premium ingredient |
9 Panama Licorice Extract Market - Opportunity Assessment |
9.1 Panama Licorice Extract Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Panama Licorice Extract Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Panama Licorice Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Panama Licorice Extract Market - Competitive Landscape |
10.1 Panama Licorice Extract Market Revenue Share, By Companies, 2024 |
10.2 Panama Licorice Extract 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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