United Arab Emirates (UAE) Licorice Extract Market (2025-2031) Outlook | Growth, Forecast, Companies, Value, Share, Industry, Analysis, Trends, Size & 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: ETC389020 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
United Arab Emirates Licorice Extract Market Size Growth Rate
The United Arab Emirates Licorice Extract Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 71.81% in 2027, following an initial rate of -44.87%, before easing to -1.68% at the end of the period.
United Arab Emirates (UAE) Licorice Extract Market Synopsis
Licorice extract is widely used in the pharmaceutical and food industries for its sweetening and medicinal properties. The UAE has seen a steady demand for licorice extract, with applications in confectionery, herbal medicines, and herbal teas. The market is poised for growth as consumers seek natural and healthier alternatives to sugar and artificial sweeteners.
Drivers of the market
The UAE licorice extract market has experienced growth owing to licorice`s wide range of applications in the pharmaceutical and confectionery industries. Licorice extract is known for its natural sweetness and medicinal properties, making it a sought-after ingredient in various products. Its use in traditional medicine and herbal remedies has also contributed to its popularity in the UAE.
Challenges of the market
The UAE licorice extract market confronts challenges related to the sourcing and quality control of licorice root. Licorice is predominantly grown in countries with different climatic conditions, and ensuring a consistent supply of high-quality licorice root can be problematic. Additionally, regulatory restrictions on certain chemical compounds found in licorice may affect product formulation and marketing.
Covid-19 Impact of the market
The UAE licorice extract market witnessed varying effects during the COVID-19 pandemic. While licorice extract is used in various products, including confectionery and herbal remedies, its demand fluctuated. In the early stages of the pandemic, consumers sought herbal remedies and immunity-boosting products, positively impacting the market. However, lockdowns and supply chain disruptions affected the production and distribution of licorice extract, leading to occasional shortages. Market players adapted by increasing online sales channels to cater to changing consumer preferences.
Key Players of the market
The UAE licorice extract market is led by companies like Emirates Licorice Products, Arabian Licorice Suppliers, and Gulf Extracts. They are known for their production and distribution of licorice extracts, an essential ingredient in the confectionery and pharmaceutical sectors.
Key Highlights of the Report:
- United Arab Emirates (UAE) Licorice Extract Market Outlook
- Market Size of United Arab Emirates (UAE) Licorice Extract Market, 2024
- Forecast of United Arab Emirates (UAE) Licorice Extract Market, 2031
- Historical Data and Forecast of United Arab Emirates (UAE) Licorice Extract Revenues & Volume for the Period 2021-2031
- United Arab Emirates (UAE) Licorice Extract Market Trend Evolution
- United Arab Emirates (UAE) Licorice Extract Market Drivers and Challenges
- United Arab Emirates (UAE) Licorice Extract Price Trends
- United Arab Emirates (UAE) Licorice Extract Porter's Five Forces
- United Arab Emirates (UAE) Licorice Extract Industry Life Cycle
- Historical Data and Forecast of United Arab Emirates (UAE) Licorice Extract Market Revenues & Volume By Product Type for the Period 2021-2031
- Historical Data and Forecast of United Arab Emirates (UAE) Licorice Extract Market Revenues & Volume By Food Grade for the Period 2021-2031
- Historical Data and Forecast of United Arab Emirates (UAE) Licorice Extract Market Revenues & Volume By Feed Grade for the Period 2021-2031
- Historical Data and Forecast of United Arab Emirates (UAE) Licorice Extract Market Revenues & Volume By Pharmaceutical Grade for the Period 2021-2031
- Historical Data and Forecast of United Arab Emirates (UAE) Licorice Extract Market Revenues & Volume By Form for the Period 2021-2031
- Historical Data and Forecast of United Arab Emirates (UAE) Licorice Extract Market Revenues & Volume By Powder for the Period 2021-2031
- Historical Data and Forecast of United Arab Emirates (UAE) Licorice Extract Market Revenues & Volume By Liquid for the Period 2021-2031
- Historical Data and Forecast of United Arab Emirates (UAE) Licorice Extract Market Revenues & Volume By Block for the Period 2021-2031
- Historical Data and Forecast of United Arab Emirates (UAE) Licorice Extract Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of United Arab Emirates (UAE) Licorice Extract Market Revenues & Volume By Food & Beverages for the Period 2021-2031
- Historical Data and Forecast of United Arab Emirates (UAE) Licorice Extract Market Revenues & Volume By Pharmaceutical for the Period 2021-2031
- Historical Data and Forecast of United Arab Emirates (UAE) Licorice Extract Market Revenues & Volume By Tobacco for the Period 2021-2031
- Historical Data and Forecast of United Arab Emirates (UAE) Licorice Extract Market Revenues & Volume By Others for the Period 2021-2031
- United Arab Emirates (UAE) Licorice Extract Import Export Trade Statistics
- Market Opportunity Assessment By Product Type
- Market Opportunity Assessment By Form
- Market Opportunity Assessment By Application
- United Arab Emirates (UAE) Licorice Extract Top Companies Market Share
- United Arab Emirates (UAE) Licorice Extract Competitive Benchmarking By Technical and Operational Parameters
- United Arab Emirates (UAE) Licorice Extract Company Profiles
- United Arab Emirates (UAE) Licorice Extract Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the United Arab Emirates (UAE) 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 United Arab Emirates (UAE) Licorice Extract Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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