Product Code: ETC5002239 | Publication Date: Nov 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Switzerland Licorice Extract Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to -0.00% in 2028, following an initial rate of -0.01%, before easing to -0.01% at the end of the period.
By 2027, the Licorice Extract market in Switzerland is anticipated to reach a growth rate of -0.01%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.
Switzerlands licorice extract market is expanding, driven by its use in the food, pharmaceutical, and cosmetics industries. Known for its sweet flavor and health benefits, licorice extract is used as a natural sweetener, anti-inflammatory, and skin-conditioning agent. The market benefits from the growing consumer interest in natural and herbal ingredients, with a focus on sustainably sourced licorice to meet the demand for clean-label products.
The licorice extract market in Switzerland is propelled by the rising popularity of natural flavoring agents and herbal remedies. The demand for licorice extract in the food and beverage, pharmaceutical, and cosmetic industries contributes to market growth. Additionally, the increasing awareness of the health benefits associated with licorice further drives its adoption in various applications.
The licorice extract market is influenced by challenges related to sourcing and market demand. As a natural ingredient, the availability of licorice can fluctuate based on agricultural conditions, impacting supply stability. Additionally, competition from synthetic alternatives may threaten market share, prompting producers to highlight the unique benefits of natural licorice. Regulatory scrutiny concerning food additives and flavorings also necessitates compliance, adding complexity to market operations.
The licorice extract market benefits from Switzerlands focus on health and wellness. Government regulations ensure the quality and safety of herbal products, promoting consumer confidence. Support for research into the therapeutic benefits of licorice fosters innovation and growth in this niche 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 Switzerland Licorice Extract Market Overview |
3.1 Switzerland Country Macro Economic Indicators |
3.2 Switzerland Licorice Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Switzerland Licorice Extract Market - Industry Life Cycle |
3.4 Switzerland Licorice Extract Market - Porter's Five Forces |
3.5 Switzerland Licorice Extract Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Switzerland Licorice Extract Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Switzerland Licorice Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Switzerland Licorice Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of licorice extract |
4.2.2 Growing demand for natural and organic ingredients in food and beverage industry |
4.2.3 Rising adoption of licorice extract in pharmaceutical and nutraceutical products |
4.3 Market Restraints |
4.3.1 Fluctuating prices of licorice root impacting the cost of licorice extract production |
4.3.2 Stringent regulations and quality standards for licorice extract manufacturing |
4.3.3 Limited availability of licorice plants leading to supply chain challenges |
5 Switzerland Licorice Extract Market Trends |
6 Switzerland Licorice Extract Market Segmentations |
6.1 Switzerland Licorice Extract Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Switzerland Licorice Extract Market Revenues & Volume, By Food Grade, 2021-2031F |
6.1.3 Switzerland Licorice Extract Market Revenues & Volume, By Feed Grade, 2021-2031F |
6.1.4 Switzerland Licorice Extract Market Revenues & Volume, By Pharmaceutical Grade, 2021-2031F |
6.2 Switzerland Licorice Extract Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Switzerland Licorice Extract Market Revenues & Volume, By Powder, 2021-2031F |
6.2.3 Switzerland Licorice Extract Market Revenues & Volume, By Liquid, 2021-2031F |
6.2.4 Switzerland Licorice Extract Market Revenues & Volume, By Block, 2021-2031F |
6.3 Switzerland Licorice Extract Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Switzerland Licorice Extract Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.3.3 Switzerland Licorice Extract Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.3.4 Switzerland Licorice Extract Market Revenues & Volume, By Tobacco, 2021-2031F |
6.3.5 Switzerland Licorice Extract Market Revenues & Volume, By Others, 2021-2031F |
7 Switzerland Licorice Extract Market Import-Export Trade Statistics |
7.1 Switzerland Licorice Extract Market Export to Major Countries |
7.2 Switzerland Licorice Extract Market Imports from Major Countries |
8 Switzerland 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 Growth in demand for licorice extract in different end-use industries |
9 Switzerland Licorice Extract Market - Opportunity Assessment |
9.1 Switzerland Licorice Extract Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Switzerland Licorice Extract Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Switzerland Licorice Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Switzerland Licorice Extract Market - Competitive Landscape |
10.1 Switzerland Licorice Extract Market Revenue Share, By Companies, 2024 |
10.2 Switzerland Licorice Extract Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |