| 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`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.

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 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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