| Product Code: ETC9190519 | Publication Date: Sep 2024 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Senegal licorice root import market continued to see a high level of concentration in 2024, with top exporters being France, Spain, India, Belgium, and the United Arab Emirates. The high Herfindahl-Hirschman Index (HHI) indicates a competitive market dominated by a few key players. The compound annual growth rate (CAGR) of 5.72% reflects steady growth, while the impressive growth rate of 13.23% suggests a significant uptick in demand for licorice root in Senegal. This data indicates a promising outlook for the licorice root import market in Senegal.

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 Senegal Licorice Root Market Overview |
3.1 Senegal Country Macro Economic Indicators |
3.2 Senegal Licorice Root Market Revenues & Volume, 2021 & 2031F |
3.3 Senegal Licorice Root Market - Industry Life Cycle |
3.4 Senegal Licorice Root Market - Porter's Five Forces |
3.5 Senegal Licorice Root Market Revenues & Volume Share, By Product Form, 2021 & 2031F |
3.6 Senegal Licorice Root Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Senegal Licorice Root Market Revenues & Volume Share, By Function Type, 2021 & 2031F |
3.8 Senegal Licorice Root Market Revenues & Volume Share, By Grade Type, 2021 & 2031F |
3.9 Senegal Licorice Root Market Revenues & Volume Share, By Raw Material Type, 2021 & 2031F |
3.10 Senegal Licorice Root Market Revenues & Volume Share, By Ingredient Type, 2021 & 2031F |
3.11 Senegal Licorice Root Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Senegal Licorice Root Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Senegal Licorice Root Market Trends |
6 Senegal Licorice Root Market, By Types |
6.1 Senegal Licorice Root Market, By Product Form |
6.1.1 Overview and Analysis |
6.1.2 Senegal Licorice Root Market Revenues & Volume, By Product Form, 2021- 2031F |
6.1.3 Senegal Licorice Root Market Revenues & Volume, By Roots, 2021- 2031F |
6.1.4 Senegal Licorice Root Market Revenues & Volume, By Extracts, 2021- 2031F |
6.2 Senegal Licorice Root Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Senegal Licorice Root Market Revenues & Volume, By Essential Oils, 2021- 2031F |
6.2.3 Senegal Licorice Root Market Revenues & Volume, By Liquid Malt Extract, 2021- 2031F |
6.2.4 Senegal Licorice Root Market Revenues & Volume, By Oleoresins, 2021- 2031F |
6.2.5 Senegal Licorice Root Market Revenues & Volume, By Herbs and Spices Dry Malt Extract, 2021- 2031F |
6.2.6 Senegal Licorice Root Market Revenues & Volume, By Malt Flour, 2021- 2031F |
6.3 Senegal Licorice Root Market, By Function Type |
6.3.1 Overview and Analysis |
6.3.2 Senegal Licorice Root Market Revenues & Volume, By Performance Enhancers, 2021- 2031F |
6.3.3 Senegal Licorice Root Market Revenues & Volume, By Palatability Enhancers, 2021- 2031F |
6.4 Senegal Licorice Root Market, By Grade Type |
6.4.1 Overview and Analysis |
6.4.2 Senegal Licorice Root Market Revenues & Volume, By Standard Malt, 2021- 2031F |
6.4.3 Senegal Licorice Root Market Revenues & Volume, By Caramelized Malt, 2021- 2031F |
6.4.4 Senegal Licorice Root Market Revenues & Volume, By Roasted Malt, 2021- 2031F |
6.5 Senegal Licorice Root Market, By Raw Material Type |
6.5.1 Overview and Analysis |
6.5.2 Senegal Licorice Root Market Revenues & Volume, By Maize, 2021- 2031F |
6.5.3 Senegal Licorice Root Market Revenues & Volume, By Barley, 2021- 2031F |
6.5.4 Senegal Licorice Root Market Revenues & Volume, By Wheat, 2021- 2031F |
6.5.5 Senegal Licorice Root Market Revenues & Volume, By Rice, 2021- 2031F |
6.5.6 Senegal Licorice Root Market Revenues & Volume, By Rye, 2021- 2031F |
6.5.7 Senegal Licorice Root Market Revenues & Volume, By Oat, 2021- 2031F |
6.6 Senegal Licorice Root Market, By Ingredient Type |
6.6.1 Overview and Analysis |
6.6.2 Senegal Licorice Root Market Revenues & Volume, By Lipids, 2021- 2031F |
6.6.3 Senegal Licorice Root Market Revenues & Volume, By Protein, 2021- 2031F |
6.6.4 Senegal Licorice Root Market Revenues & Volume, By Polysaccharide, 2021- 2031F |
6.6.5 Senegal Licorice Root Market Revenues & Volume, By Others, 2021- 2031F |
6.7 Senegal Licorice Root Market, By End User |
6.7.1 Overview and Analysis |
6.7.2 Senegal Licorice Root Market Revenues & Volume, By Food and Beverage Industry, 2021- 2031F |
6.7.3 Senegal Licorice Root Market Revenues & Volume, By Tobacco Industry, 2021- 2031F |
6.7.4 Senegal Licorice Root Market Revenues & Volume, By Cosmetic Industry, 2021- 2031F |
6.7.5 Senegal Licorice Root Market Revenues & Volume, By Cosmetic Industry, 2021- 2031F |
6.7.6 Senegal Licorice Root Market Revenues & Volume, By Dietary Supplement, 2021- 2031F |
7 Senegal Licorice Root Market Import-Export Trade Statistics |
7.1 Senegal Licorice Root Market Export to Major Countries |
7.2 Senegal Licorice Root Market Imports from Major Countries |
8 Senegal Licorice Root Market Key Performance Indicators |
9 Senegal Licorice Root Market - Opportunity Assessment |
9.1 Senegal Licorice Root Market Opportunity Assessment, By Product Form, 2021 & 2031F |
9.2 Senegal Licorice Root Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Senegal Licorice Root Market Opportunity Assessment, By Function Type, 2021 & 2031F |
9.4 Senegal Licorice Root Market Opportunity Assessment, By Grade Type, 2021 & 2031F |
9.5 Senegal Licorice Root Market Opportunity Assessment, By Raw Material Type, 2021 & 2031F |
9.6 Senegal Licorice Root Market Opportunity Assessment, By Ingredient Type, 2021 & 2031F |
9.7 Senegal Licorice Root Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Senegal Licorice Root Market - Competitive Landscape |
10.1 Senegal Licorice Root Market Revenue Share, By Companies, 2024 |
10.2 Senegal 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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