| Product Code: ETC9168889 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the period 2020-2024, Saudi Arabia`s licorice root import trend experienced a notable decline, with a Compound Annual Growth Rate (CAGR) of -69.55%. This sharp decrease suggests a significant shift in demand dynamics or market stability issues impacting the import momentum within the Saudi licorice root market.

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 Saudi Arabia Licorice Root Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Licorice Root Market Revenues & Volume, 2022 & 2032F |
3.3 Saudi Arabia Licorice Root Market - Industry Life Cycle |
3.4 Saudi Arabia Licorice Root Market - Porter's Five Forces |
3.5 Saudi Arabia Licorice Root Market Revenues & Volume Share, By Product Form, 2022 & 2032F |
3.6 Saudi Arabia Licorice Root Market Revenues & Volume Share, By Product Type, 2022 & 2032F |
3.7 Saudi Arabia Licorice Root Market Revenues & Volume Share, By Function Type, 2022 & 2032F |
3.8 Saudi Arabia Licorice Root Market Revenues & Volume Share, By Grade Type, 2022 & 2032F |
3.9 Saudi Arabia Licorice Root Market Revenues & Volume Share, By Raw Material Type, 2022 & 2032F |
3.10 Saudi Arabia Licorice Root Market Revenues & Volume Share, By Ingredient Type, 2022 & 2032F |
3.11 Saudi Arabia Licorice Root Market Revenues & Volume Share, By End User, 2022 & 2032F |
4 Saudi Arabia Licorice Root Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing awareness about the health benefits of licorice root in Saudi Arabia |
4.2.2 Increasing demand for natural and herbal products in the region |
4.2.3 Rise in disposable income leading to higher spending on premium products |
4.3 Market Restraints |
4.3.1 Strict regulations on import and export of licorice root in Saudi Arabia |
4.3.2 Limited availability of licorice root due to seasonal factors and geographical constraints |
5 Saudi Arabia Licorice Root Market Trends |
6 Saudi Arabia Licorice Root Market, By Types |
6.1 Saudi Arabia Licorice Root Market, By Product Form |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Licorice Root Market Revenues & Volume, By Product Form, 2022-2032F |
6.1.3 Saudi Arabia Licorice Root Market Revenues & Volume, By Roots, 2022-2032F |
6.1.4 Saudi Arabia Licorice Root Market Revenues & Volume, By Extracts, 2022-2032F |
6.2 Saudi Arabia Licorice Root Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Licorice Root Market Revenues & Volume, By Essential Oils, 2022-2032F |
6.2.3 Saudi Arabia Licorice Root Market Revenues & Volume, By Liquid Malt Extract, 2022-2032F |
6.2.4 Saudi Arabia Licorice Root Market Revenues & Volume, By Oleoresins, 2022-2032F |
6.2.5 Saudi Arabia Licorice Root Market Revenues & Volume, By Herbs and Spices Dry Malt Extract, 2022-2032F |
6.2.6 Saudi Arabia Licorice Root Market Revenues & Volume, By Malt Flour, 2022-2032F |
6.3 Saudi Arabia Licorice Root Market, By Function Type |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Licorice Root Market Revenues & Volume, By Performance Enhancers, 2022-2032F |
6.3.3 Saudi Arabia Licorice Root Market Revenues & Volume, By Palatability Enhancers, 2022-2032F |
6.4 Saudi Arabia Licorice Root Market, By Grade Type |
6.4.1 Overview and Analysis |
6.4.2 Saudi Arabia Licorice Root Market Revenues & Volume, By Standard Malt, 2022-2032F |
6.4.3 Saudi Arabia Licorice Root Market Revenues & Volume, By Caramelized Malt, 2022-2032F |
6.4.4 Saudi Arabia Licorice Root Market Revenues & Volume, By Roasted Malt, 2022-2032F |
6.5 Saudi Arabia Licorice Root Market, By Raw Material Type |
6.5.1 Overview and Analysis |
6.5.2 Saudi Arabia Licorice Root Market Revenues & Volume, By Maize, 2022-2032F |
6.5.3 Saudi Arabia Licorice Root Market Revenues & Volume, By Barley, 2022-2032F |
6.5.4 Saudi Arabia Licorice Root Market Revenues & Volume, By Wheat, 2022-2032F |
6.5.5 Saudi Arabia Licorice Root Market Revenues & Volume, By Rice, 2022-2032F |
6.5.6 Saudi Arabia Licorice Root Market Revenues & Volume, By Rye, 2022-2032F |
6.5.7 Saudi Arabia Licorice Root Market Revenues & Volume, By Oat, 2022-2032F |
6.6 Saudi Arabia Licorice Root Market, By Ingredient Type |
6.6.1 Overview and Analysis |
6.6.2 Saudi Arabia Licorice Root Market Revenues & Volume, By Lipids, 2022-2032F |
6.6.3 Saudi Arabia Licorice Root Market Revenues & Volume, By Protein, 2022-2032F |
6.6.4 Saudi Arabia Licorice Root Market Revenues & Volume, By Polysaccharide, 2022-2032F |
6.6.5 Saudi Arabia Licorice Root Market Revenues & Volume, By Others, 2022-2032F |
6.7 Saudi Arabia Licorice Root Market, By End User |
6.7.1 Overview and Analysis |
6.7.2 Saudi Arabia Licorice Root Market Revenues & Volume, By Food and Beverage Industry, 2022-2032F |
6.7.3 Saudi Arabia Licorice Root Market Revenues & Volume, By Tobacco Industry, 2022-2032F |
6.7.4 Saudi Arabia Licorice Root Market Revenues & Volume, By Cosmetic Industry, 2022-2032F |
6.7.5 Saudi Arabia Licorice Root Market Revenues & Volume, By Cosmetic Industry, 2022-2032F |
6.7.6 Saudi Arabia Licorice Root Market Revenues & Volume, By Dietary Supplement, 2022-2032F |
7 Saudi Arabia Licorice Root Market Import-Export Trade Statistics |
7.1 Saudi Arabia Licorice Root Market Export to Major Countries |
7.2 Saudi Arabia Licorice Root Market Imports from Major Countries |
8 Saudi Arabia Licorice Root Market Key Performance Indicators |
8.1 Consumer interest and search trends for licorice root in Saudi Arabia |
8.2 Number of new product launches containing licorice root in the market |
8.3 Export and import data of licorice root in Saudi Arabia |
8.4 Price fluctuations of licorice root in the region |
8.5 Number of licorice root cultivation and processing facilities in Saudi Arabia |
9 Saudi Arabia Licorice Root Market - Opportunity Assessment |
9.1 Saudi Arabia Licorice Root Market Opportunity Assessment, By Product Form, 2022 & 2032F |
9.2 Saudi Arabia Licorice Root Market Opportunity Assessment, By Product Type, 2022 & 2032F |
9.3 Saudi Arabia Licorice Root Market Opportunity Assessment, By Function Type, 2022 & 2032F |
9.4 Saudi Arabia Licorice Root Market Opportunity Assessment, By Grade Type, 2022 & 2032F |
9.5 Saudi Arabia Licorice Root Market Opportunity Assessment, By Raw Material Type, 2022 & 2032F |
9.6 Saudi Arabia Licorice Root Market Opportunity Assessment, By Ingredient Type, 2022 & 2032F |
9.7 Saudi Arabia Licorice Root Market Opportunity Assessment, By End User, 2022 & 2032F |
10 Saudi Arabia Licorice Root Market - Competitive Landscape |
10.1 Saudi Arabia Licorice Root Market Revenue Share, By Companies, 2025 |
10.2 Saudi Arabia 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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