Product Code: ETC5002241 | 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 |
The licorice extract market in Taiwan serves the food, pharmaceutical, and cosmetic industries, where it is valued for its sweet flavor and potential health benefits. This market aligns with the growing demand for natural ingredients.
The licorice extract market in Taiwan is driven by the rising awareness of natural ingredients in food and beverages. Licorice extract is increasingly recognized for its flavoring and health benefits, leading to its incorporation in various food products, herbal medicines, and supplements. The demand for natural and organic products among health-conscious consumers further fuels market growth. Additionally, the increasing applications of licorice extract in cosmetics and personal care products expand its market reach.
Taiwan licorice extract market is challenged by the high cost of imported raw materials and stringent regulatory controls on food and medicinal products. The market also faces competition from alternative natural sweeteners.
The licorice extract market in Taiwan is regulated by government policies aimed at ensuring product safety and quality. Regulations require manufacturers to adhere to strict standards regarding the sourcing and processing of licorice extracts, ensuring that products meet safety requirements for food and pharmaceutical applications. The government also promotes research into the health benefits and applications of licorice extracts, supporting innovation within the industry while prioritizing consumer safety.
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 Taiwan Licorice Extract Market Overview |
3.1 Taiwan Country Macro Economic Indicators |
3.2 Taiwan Licorice Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Taiwan Licorice Extract Market - Industry Life Cycle |
3.4 Taiwan Licorice Extract Market - Porter's Five Forces |
3.5 Taiwan Licorice Extract Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Taiwan Licorice Extract Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Taiwan Licorice Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Taiwan Licorice Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing awareness about the health benefits of licorice extract |
4.2.2 Increasing demand for natural and herbal ingredients in various industries |
4.2.3 Rising use of licorice extract in skincare and pharmaceutical products |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices affecting production costs |
4.3.2 Regulatory challenges related to the use of licorice extract in certain markets |
4.3.3 Competition from alternative natural ingredients |
5 Taiwan Licorice Extract Market Trends |
6 Taiwan Licorice Extract Market Segmentations |
6.1 Taiwan Licorice Extract Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Taiwan Licorice Extract Market Revenues & Volume, By Food Grade, 2021-2031F |
6.1.3 Taiwan Licorice Extract Market Revenues & Volume, By Feed Grade, 2021-2031F |
6.1.4 Taiwan Licorice Extract Market Revenues & Volume, By Pharmaceutical Grade, 2021-2031F |
6.2 Taiwan Licorice Extract Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Taiwan Licorice Extract Market Revenues & Volume, By Powder, 2021-2031F |
6.2.3 Taiwan Licorice Extract Market Revenues & Volume, By Liquid, 2021-2031F |
6.2.4 Taiwan Licorice Extract Market Revenues & Volume, By Block, 2021-2031F |
6.3 Taiwan Licorice Extract Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Taiwan Licorice Extract Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.3.3 Taiwan Licorice Extract Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.3.4 Taiwan Licorice Extract Market Revenues & Volume, By Tobacco, 2021-2031F |
6.3.5 Taiwan Licorice Extract Market Revenues & Volume, By Others, 2021-2031F |
7 Taiwan Licorice Extract Market Import-Export Trade Statistics |
7.1 Taiwan Licorice Extract Market Export to Major Countries |
7.2 Taiwan Licorice Extract Market Imports from Major Countries |
8 Taiwan Licorice Extract Market Key Performance Indicators |
8.1 Number of new product launches containing licorice extract |
8.2 Research and development investment in licorice extract applications |
8.3 Consumer perception and acceptance of licorice extract in different product categories. |
9 Taiwan Licorice Extract Market - Opportunity Assessment |
9.1 Taiwan Licorice Extract Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Taiwan Licorice Extract Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Taiwan Licorice Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Taiwan Licorice Extract Market - Competitive Landscape |
10.1 Taiwan Licorice Extract Market Revenue Share, By Companies, 2024 |
10.2 Taiwan Licorice Extract Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |