Peru Licorice Root Market (2025-2031) | Growth, Competitive Landscape, Analysis, Companies, Segmentation, Industry, Trends, Value, Share, Forecast, Size & Revenue, Outlook

Market Forecast By Product Form (Roots, Extracts), By Product Type (Essential Oils, Liquid Malt Extract, Oleoresins, Herbs and Spices Dry Malt Extract, Malt Flour), By Function Type (Performance Enhancers, Palatability Enhancers), By Grade Type (Standard Malt, Caramelized Malt, Roasted Malt), By Raw Material Type (Maize, Barley, Wheat, Rice, Rye, Oat), By Ingredient Type (Lipids, Protein, Polysaccharide, Others), By End User (Food and Beverage Industry, Tobacco Industry, Pharmaceutical Industry, Cosmetic Industry, Dietary Supplement) And Competitive Landscape
Product Code: ETC8822809 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

Peru Licorice Root Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Peru`s licorice root import market continues to thrive, with top exporters in 2024 being Turkey, Free Zones, Egypt, USA, and China. The market remains highly concentrated, with a high Herfindahl-Hirschman Index (HHI) indicating strong competition among key players. The compound annual growth rate (CAGR) from 2020 to 2024 is an impressive 46.87%, with a remarkable growth rate of 124.74% in 2024 alone. These statistics suggest a robust and dynamic market for licorice root imports in Peru, with significant opportunities for growth and expansion in the coming years.

Peru Licorice Root Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Peru Licorice Root Market Outlook
  • Market Size of Peru Licorice Root Market, 2024
  • Forecast of Peru Licorice Root Market, 2031
  • Historical Data and Forecast of Peru Licorice Root Revenues & Volume for the Period 2021- 2031
  • Peru Licorice Root Market Trend Evolution
  • Peru Licorice Root Market Drivers and Challenges
  • Peru Licorice Root Price Trends
  • Peru Licorice Root Porter's Five Forces
  • Peru Licorice Root Industry Life Cycle
  • Historical Data and Forecast of Peru Licorice Root Market Revenues & Volume By Product Form for the Period 2021- 2031
  • Historical Data and Forecast of Peru Licorice Root Market Revenues & Volume By Roots for the Period 2021- 2031
  • Historical Data and Forecast of Peru Licorice Root Market Revenues & Volume By Extracts for the Period 2021- 2031
  • Historical Data and Forecast of Peru Licorice Root Market Revenues & Volume By Product Type for the Period 2021- 2031
  • Historical Data and Forecast of Peru Licorice Root Market Revenues & Volume By Essential Oils for the Period 2021- 2031
  • Historical Data and Forecast of Peru Licorice Root Market Revenues & Volume By Liquid Malt Extract for the Period 2021- 2031
  • Historical Data and Forecast of Peru Licorice Root Market Revenues & Volume By Oleoresins for the Period 2021- 2031
  • Historical Data and Forecast of Peru Licorice Root Market Revenues & Volume By Herbs and Spices Dry Malt Extract for the Period 2021- 2031
  • Historical Data and Forecast of Peru Licorice Root Market Revenues & Volume By Malt Flour for the Period 2021- 2031
  • Historical Data and Forecast of Peru Licorice Root Market Revenues & Volume By Function Type for the Period 2021- 2031
  • Historical Data and Forecast of Peru Licorice Root Market Revenues & Volume By Performance Enhancers for the Period 2021- 2031
  • Historical Data and Forecast of Peru Licorice Root Market Revenues & Volume By Palatability Enhancers for the Period 2021- 2031
  • Historical Data and Forecast of Peru Licorice Root Market Revenues & Volume By Grade Type for the Period 2021- 2031
  • Historical Data and Forecast of Peru Licorice Root Market Revenues & Volume By Standard Malt for the Period 2021- 2031
  • Historical Data and Forecast of Peru Licorice Root Market Revenues & Volume By Caramelized Malt for the Period 2021- 2031
  • Historical Data and Forecast of Peru Licorice Root Market Revenues & Volume By Roasted Malt for the Period 2021- 2031
  • Historical Data and Forecast of Peru Licorice Root Market Revenues & Volume By Raw Material Type for the Period 2021- 2031
  • Historical Data and Forecast of Peru Licorice Root Market Revenues & Volume By Maize for the Period 2021- 2031
  • Historical Data and Forecast of Peru Licorice Root Market Revenues & Volume By Barley for the Period 2021- 2031
  • Historical Data and Forecast of Peru Licorice Root Market Revenues & Volume By Wheat for the Period 2021- 2031
  • Historical Data and Forecast of Peru Licorice Root Market Revenues & Volume By Rice for the Period 2021- 2031
  • Historical Data and Forecast of Peru Licorice Root Market Revenues & Volume By Rye for the Period 2021- 2031
  • Historical Data and Forecast of Peru Licorice Root Market Revenues & Volume By Oat for the Period 2021- 2031
  • Historical Data and Forecast of Peru Licorice Root Market Revenues & Volume By Ingredient Type for the Period 2021- 2031
  • Historical Data and Forecast of Peru Licorice Root Market Revenues & Volume By Lipids for the Period 2021- 2031
  • Historical Data and Forecast of Peru Licorice Root Market Revenues & Volume By Protein for the Period 2021- 2031
  • Historical Data and Forecast of Peru Licorice Root Market Revenues & Volume By Polysaccharide for the Period 2021- 2031
  • Historical Data and Forecast of Peru Licorice Root Market Revenues & Volume By Others for the Period 2021- 2031
  • Historical Data and Forecast of Peru Licorice Root Market Revenues & Volume By End User for the Period 2021- 2031
  • Historical Data and Forecast of Peru Licorice Root Market Revenues & Volume By Food and Beverage Industry for the Period 2021- 2031
  • Historical Data and Forecast of Peru Licorice Root Market Revenues & Volume By Tobacco Industry for the Period 2021- 2031
  • Historical Data and Forecast of Peru Licorice Root Market Revenues & Volume By Pharmaceutical Industry for the Period 2021- 2031
  • Historical Data and Forecast of Peru Licorice Root Market Revenues & Volume By Cosmetic Industry for the Period 2021- 2031
  • Historical Data and Forecast of Peru Licorice Root Market Revenues & Volume By Dietary Supplement for the Period 2021- 2031
  • Peru Licorice Root Import Export Trade Statistics
  • Market Opportunity Assessment By Product Form
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Function Type
  • Market Opportunity Assessment By Grade Type
  • Market Opportunity Assessment By Raw Material Type
  • Market Opportunity Assessment By Ingredient Type
  • Market Opportunity Assessment By End User
  • Peru Licorice Root Top Companies Market Share
  • Peru Licorice Root Competitive Benchmarking By Technical and Operational Parameters
  • Peru Licorice Root Company Profiles
  • Peru Licorice Root Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Peru Licorice Root 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 Peru Licorice Root Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Peru Licorice Root Market Overview

3.1 Peru Country Macro Economic Indicators

3.2 Peru Licorice Root Market Revenues & Volume, 2021 & 2031F

3.3 Peru Licorice Root Market - Industry Life Cycle

3.4 Peru Licorice Root Market - Porter's Five Forces

3.5 Peru Licorice Root Market Revenues & Volume Share, By Product Form, 2021 & 2031F

3.6 Peru Licorice Root Market Revenues & Volume Share, By Product Type, 2021 & 2031F

3.7 Peru Licorice Root Market Revenues & Volume Share, By Function Type, 2021 & 2031F

3.8 Peru Licorice Root Market Revenues & Volume Share, By Grade Type, 2021 & 2031F

3.9 Peru Licorice Root Market Revenues & Volume Share, By Raw Material Type, 2021 & 2031F

3.10 Peru Licorice Root Market Revenues & Volume Share, By Ingredient Type, 2021 & 2031F

3.11 Peru Licorice Root Market Revenues & Volume Share, By End User, 2021 & 2031F

4 Peru Licorice Root Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Peru Licorice Root Market Trends

6 Peru Licorice Root Market, By Types

6.1 Peru Licorice Root Market, By Product Form

6.1.1 Overview and Analysis

6.1.2 Peru Licorice Root Market Revenues & Volume, By Product Form, 2021- 2031F

6.1.3 Peru Licorice Root Market Revenues & Volume, By Roots, 2021- 2031F

6.1.4 Peru Licorice Root Market Revenues & Volume, By Extracts, 2021- 2031F

6.2 Peru Licorice Root Market, By Product Type

6.2.1 Overview and Analysis

6.2.2 Peru Licorice Root Market Revenues & Volume, By Essential Oils, 2021- 2031F

6.2.3 Peru Licorice Root Market Revenues & Volume, By Liquid Malt Extract, 2021- 2031F

6.2.4 Peru Licorice Root Market Revenues & Volume, By Oleoresins, 2021- 2031F

6.2.5 Peru Licorice Root Market Revenues & Volume, By Herbs and Spices Dry Malt Extract, 2021- 2031F

6.2.6 Peru Licorice Root Market Revenues & Volume, By Malt Flour, 2021- 2031F

6.3 Peru Licorice Root Market, By Function Type

6.3.1 Overview and Analysis

6.3.2 Peru Licorice Root Market Revenues & Volume, By Performance Enhancers, 2021- 2031F

6.3.3 Peru Licorice Root Market Revenues & Volume, By Palatability Enhancers, 2021- 2031F

6.4 Peru Licorice Root Market, By Grade Type

6.4.1 Overview and Analysis

6.4.2 Peru Licorice Root Market Revenues & Volume, By Standard Malt, 2021- 2031F

6.4.3 Peru Licorice Root Market Revenues & Volume, By Caramelized Malt, 2021- 2031F

6.4.4 Peru Licorice Root Market Revenues & Volume, By Roasted Malt, 2021- 2031F

6.5 Peru Licorice Root Market, By Raw Material Type

6.5.1 Overview and Analysis

6.5.2 Peru Licorice Root Market Revenues & Volume, By Maize, 2021- 2031F

6.5.3 Peru Licorice Root Market Revenues & Volume, By Barley, 2021- 2031F

6.5.4 Peru Licorice Root Market Revenues & Volume, By Wheat, 2021- 2031F

6.5.5 Peru Licorice Root Market Revenues & Volume, By Rice, 2021- 2031F

6.5.6 Peru Licorice Root Market Revenues & Volume, By Rye, 2021- 2031F

6.5.7 Peru Licorice Root Market Revenues & Volume, By Oat, 2021- 2031F

6.6 Peru Licorice Root Market, By Ingredient Type

6.6.1 Overview and Analysis

6.6.2 Peru Licorice Root Market Revenues & Volume, By Lipids, 2021- 2031F

6.6.3 Peru Licorice Root Market Revenues & Volume, By Protein, 2021- 2031F

6.6.4 Peru Licorice Root Market Revenues & Volume, By Polysaccharide, 2021- 2031F

6.6.5 Peru Licorice Root Market Revenues & Volume, By Others, 2021- 2031F

6.7 Peru Licorice Root Market, By End User

6.7.1 Overview and Analysis

6.7.2 Peru Licorice Root Market Revenues & Volume, By Food and Beverage Industry, 2021- 2031F

6.7.3 Peru Licorice Root Market Revenues & Volume, By Tobacco Industry, 2021- 2031F

6.7.4 Peru Licorice Root Market Revenues & Volume, By Cosmetic Industry, 2021- 2031F

6.7.5 Peru Licorice Root Market Revenues & Volume, By Cosmetic Industry, 2021- 2031F

6.7.6 Peru Licorice Root Market Revenues & Volume, By Dietary Supplement, 2021- 2031F

7 Peru Licorice Root Market Import-Export Trade Statistics

7.1 Peru Licorice Root Market Export to Major Countries

7.2 Peru Licorice Root Market Imports from Major Countries

8 Peru Licorice Root Market Key Performance Indicators

9 Peru Licorice Root Market - Opportunity Assessment

9.1 Peru Licorice Root Market Opportunity Assessment, By Product Form, 2021 & 2031F

9.2 Peru Licorice Root Market Opportunity Assessment, By Product Type, 2021 & 2031F

9.3 Peru Licorice Root Market Opportunity Assessment, By Function Type, 2021 & 2031F

9.4 Peru Licorice Root Market Opportunity Assessment, By Grade Type, 2021 & 2031F

9.5 Peru Licorice Root Market Opportunity Assessment, By Raw Material Type, 2021 & 2031F

9.6 Peru Licorice Root Market Opportunity Assessment, By Ingredient Type, 2021 & 2031F

9.7 Peru Licorice Root Market Opportunity Assessment, By End User, 2021 & 2031F

10 Peru Licorice Root Market - Competitive Landscape

10.1 Peru Licorice Root Market Revenue Share, By Companies, 2024

10.2 Peru Licorice Root Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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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