Sweden Licorice Extract Market (2025-2031) | Forecast, Trends, Analysis, Companies, Segmentation, Growth, Share, Size, Revenue, Value, Industry & Outlook

Market Forecast By Product Type (Food Grade, Feed Grade, Pharmaceutical Grade), By Form (Powder, Liquid, Block), By Application (Food & Beverages, Pharmaceutical, Tobacco, Others) And Competitive Landscape
Product Code: ETC5002238 Publication Date: Nov 2023 Updated Date: Sep 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Sachin Kumar Rai No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Sweden Licorice Extract Market Size Growth Rate


The Sweden Licorice Extract Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at -0.05% in 2025, the market peaks at -0.05% in 2026, and settles at -0.11% by 2029.

Sweden Licorice Extract Market Growth Rate

Licorice Extract Market: Sweden vs Top 5 Major Economies in 2027 (Europe)


The Licorice Extract market in Sweden is projected to grow at a negative growth rate of -0.05% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

Licorice Extract Market: Sweden vs Top 5 Major Economies in 2027 (Europe)

Sweden Licorice Extract Market Overview

Licorice extract is used in Sweden’s food, beverage, and pharmaceutical industries. Known for its sweetening and medicinal properties, licorice is popular as a natural flavoring and therapeutic agent.

Drivers of the market

The licorice extract market in Sweden is driven by the rising demand for natural flavoring agents in food and beverages. Increasing consumer interest in herbal remedies and natural ingredients is fueling the popularity of licorice extract, known for its health benefits. Additionally, the expanding applications of licorice extract in the cosmetics and pharmaceutical industries are contributing to market growth. The ongoing trend towards clean label products and the demand for authentic flavors are further enhancing the appeal of licorice extract in various applications.

Challenges of the market

The licorice extract market in Sweden faces challenges related to fluctuating raw material availability and pricing. As licorice is a niche product, supply chain disruptions can significantly impact the market. Additionally, increasing consumer awareness regarding health and safety concerns associated with excessive consumption of licorice extracts necessitates clear labeling and responsible marketing practices. Competition from alternative flavoring agents and the need for compliance with stringent food safety regulations further complicate the market landscape.

Government Policy of the market

In Sweden, the licorice extract market is shaped by government regulations focused on food safety and consumer health. The government enforces strict guidelines regarding the use of licorice in food products, particularly concerning its glycyrrhizin content due to potential health risks associated with excessive consumption. These regulations influence product formulations and labeling requirements, ensuring that consumers are adequately informed. Additionally, the Swedish government promotes sustainable agricultural practices, encouraging licorice producers to adopt eco-friendly cultivation methods that align with broader sustainability objectives.

Key Highlights of the Report:

  • Sweden Licorice Extract Market Outlook
  • Market Size of Sweden Licorice Extract Market, 2024
  • Forecast of Sweden Licorice Extract Market, 2031
  • Historical Data and Forecast of Sweden Licorice Extract Revenues & Volume for the Period 2021-2031
  • Sweden Licorice Extract Market Trend Evolution
  • Sweden Licorice Extract Market Drivers and Challenges
  • Sweden Licorice Extract Price Trends
  • Sweden Licorice Extract Porter`s Five Forces
  • Sweden Licorice Extract Industry Life Cycle
  • Historical Data and Forecast of Sweden Licorice Extract Market Revenues & Volume By Product Type for the Period 2021-2031
  • Historical Data and Forecast of Sweden Licorice Extract Market Revenues & Volume By Food Grade for the Period 2021-2031
  • Historical Data and Forecast of Sweden Licorice Extract Market Revenues & Volume By Feed Grade for the Period 2021-2031
  • Historical Data and Forecast of Sweden Licorice Extract Market Revenues & Volume By Pharmaceutical Grade for the Period 2021-2031
  • Historical Data and Forecast of Sweden Licorice Extract Market Revenues & Volume By Form for the Period 2021-2031
  • Historical Data and Forecast of Sweden Licorice Extract Market Revenues & Volume By Powder for the Period 2021-2031
  • Historical Data and Forecast of Sweden Licorice Extract Market Revenues & Volume By Liquid for the Period 2021-2031
  • Historical Data and Forecast of Sweden Licorice Extract Market Revenues & Volume By Block for the Period 2021-2031
  • Historical Data and Forecast of Sweden Licorice Extract Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Sweden Licorice Extract Market Revenues & Volume By Food & Beverages for the Period 2021-2031
  • Historical Data and Forecast of Sweden Licorice Extract Market Revenues & Volume By Pharmaceutical for the Period 2021-2031
  • Historical Data and Forecast of Sweden Licorice Extract Market Revenues & Volume By Tobacco for the Period 2021-2031
  • Historical Data and Forecast of Sweden Licorice Extract Market Revenues & Volume By Others for the Period 2021-2031
  • Sweden Licorice Extract Import Export Trade Statistics
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Form
  • Market Opportunity Assessment By Application
  • Sweden Licorice Extract Top Companies Market Share
  • Sweden Licorice Extract Competitive Benchmarking By Technical and Operational Parameters
  • Sweden Licorice Extract Company Profiles
  • Sweden Licorice Extract Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Sweden Licorice Extract 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 Sweden Licorice Extract 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 Sweden Licorice Extract Market Overview

3.1 Sweden Country Macro Economic Indicators

3.2 Sweden Licorice Extract Market Revenues & Volume, 2021 & 2031F

3.3 Sweden Licorice Extract Market - Industry Life Cycle

3.4 Sweden Licorice Extract Market - Porter's Five Forces

3.5 Sweden Licorice Extract Market Revenues & Volume Share, By Product Type, 2021 & 2031F

3.6 Sweden Licorice Extract Market Revenues & Volume Share, By Form, 2021 & 2031F

3.7 Sweden Licorice Extract Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Sweden Licorice Extract Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growing consumer awareness about the health benefits of licorice extract

4.2.2 Increasing demand for natural and herbal products in the skincare and pharmaceutical industries

4.2.3 Rising popularity of licorice extract in food and beverage applications

4.3 Market Restraints

4.3.1 Fluctuations in raw material prices impacting production costs

4.3.2 Stringent regulations and quality standards in the herbal products industry

4.3.3 Competition from alternative natural ingredients in the market

5 Sweden Licorice Extract Market Trends

6 Sweden Licorice Extract Market Segmentations

6.1 Sweden Licorice Extract Market, By Product Type

6.1.1 Overview and Analysis

6.1.2 Sweden Licorice Extract Market Revenues & Volume, By Food Grade, 2021-2031F

6.1.3 Sweden Licorice Extract Market Revenues & Volume, By Feed Grade, 2021-2031F

6.1.4 Sweden Licorice Extract Market Revenues & Volume, By Pharmaceutical Grade, 2021-2031F

6.2 Sweden Licorice Extract Market, By Form

6.2.1 Overview and Analysis

6.2.2 Sweden Licorice Extract Market Revenues & Volume, By Powder, 2021-2031F

6.2.3 Sweden Licorice Extract Market Revenues & Volume, By Liquid, 2021-2031F

6.2.4 Sweden Licorice Extract Market Revenues & Volume, By Block, 2021-2031F

6.3 Sweden Licorice Extract Market, By Application

6.3.1 Overview and Analysis

6.3.2 Sweden Licorice Extract Market Revenues & Volume, By Food & Beverages, 2021-2031F

6.3.3 Sweden Licorice Extract Market Revenues & Volume, By Pharmaceutical, 2021-2031F

6.3.4 Sweden Licorice Extract Market Revenues & Volume, By Tobacco, 2021-2031F

6.3.5 Sweden Licorice Extract Market Revenues & Volume, By Others, 2021-2031F

7 Sweden Licorice Extract Market Import-Export Trade Statistics

7.1 Sweden Licorice Extract Market Export to Major Countries

7.2 Sweden Licorice Extract Market Imports from Major Countries

8 Sweden Licorice Extract Market Key Performance Indicators

8.1 Research and development investment in new licorice extract formulations

8.2 Number of new product launches containing licorice extract

8.3 Consumer perception and acceptance of licorice extract in various applications

8.4 Adoption rate of licorice extract in pharmaceutical and skincare formulations

9 Sweden Licorice Extract Market - Opportunity Assessment

9.1 Sweden Licorice Extract Market Opportunity Assessment, By Product Type, 2021 & 2031F

9.2 Sweden Licorice Extract Market Opportunity Assessment, By Form, 2021 & 2031F

9.3 Sweden Licorice Extract Market Opportunity Assessment, By Application, 2021 & 2031F

10 Sweden Licorice Extract Market - Competitive Landscape

10.1 Sweden Licorice Extract Market Revenue Share, By Companies, 2024

10.2 Sweden Licorice Extract Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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