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

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: 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

Taiwan Licorice Extract Market Overview

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.

Drivers of the market

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.

Challenges of the market

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.

Government Policy of the market

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.

Key Highlights of the Report:

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

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Taiwan 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 Taiwan 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 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

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