| Product Code: ETC10120609 | Publication Date: Sep 2024 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Zambia continued to rely heavily on licorice root imports, with top exporting countries being South Africa, France, India, Tanzania, and China. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained very high, indicating limited competition among suppliers. Despite a strong compound annual growth rate (CAGR) of 58.58% from 2020 to 2024, there was a slight decline in the growth rate from 2023 to 2024 at -9.85%. This suggests a potential slowdown in demand or other market factors impacting licorice root imports into Zambia.

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 Zambia Licorice Root Market Overview |
3.1 Zambia Country Macro Economic Indicators |
3.2 Zambia Licorice Root Market Revenues & Volume, 2021 & 2031F |
3.3 Zambia Licorice Root Market - Industry Life Cycle |
3.4 Zambia Licorice Root Market - Porter's Five Forces |
3.5 Zambia Licorice Root Market Revenues & Volume Share, By Product Form, 2021 & 2031F |
3.6 Zambia Licorice Root Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Zambia Licorice Root Market Revenues & Volume Share, By Function Type, 2021 & 2031F |
3.8 Zambia Licorice Root Market Revenues & Volume Share, By Grade Type, 2021 & 2031F |
3.9 Zambia Licorice Root Market Revenues & Volume Share, By Raw Material Type, 2021 & 2031F |
3.10 Zambia Licorice Root Market Revenues & Volume Share, By Ingredient Type, 2021 & 2031F |
3.11 Zambia Licorice Root Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Zambia Licorice Root Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Zambia Licorice Root Market Trends |
6 Zambia Licorice Root Market, By Types |
6.1 Zambia Licorice Root Market, By Product Form |
6.1.1 Overview and Analysis |
6.1.2 Zambia Licorice Root Market Revenues & Volume, By Product Form, 2021- 2031F |
6.1.3 Zambia Licorice Root Market Revenues & Volume, By Roots, 2021- 2031F |
6.1.4 Zambia Licorice Root Market Revenues & Volume, By Extracts, 2021- 2031F |
6.2 Zambia Licorice Root Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Zambia Licorice Root Market Revenues & Volume, By Essential Oils, 2021- 2031F |
6.2.3 Zambia Licorice Root Market Revenues & Volume, By Liquid Malt Extract, 2021- 2031F |
6.2.4 Zambia Licorice Root Market Revenues & Volume, By Oleoresins, 2021- 2031F |
6.2.5 Zambia Licorice Root Market Revenues & Volume, By Herbs and Spices Dry Malt Extract, 2021- 2031F |
6.2.6 Zambia Licorice Root Market Revenues & Volume, By Malt Flour, 2021- 2031F |
6.3 Zambia Licorice Root Market, By Function Type |
6.3.1 Overview and Analysis |
6.3.2 Zambia Licorice Root Market Revenues & Volume, By Performance Enhancers, 2021- 2031F |
6.3.3 Zambia Licorice Root Market Revenues & Volume, By Palatability Enhancers, 2021- 2031F |
6.4 Zambia Licorice Root Market, By Grade Type |
6.4.1 Overview and Analysis |
6.4.2 Zambia Licorice Root Market Revenues & Volume, By Standard Malt, 2021- 2031F |
6.4.3 Zambia Licorice Root Market Revenues & Volume, By Caramelized Malt, 2021- 2031F |
6.4.4 Zambia Licorice Root Market Revenues & Volume, By Roasted Malt, 2021- 2031F |
6.5 Zambia Licorice Root Market, By Raw Material Type |
6.5.1 Overview and Analysis |
6.5.2 Zambia Licorice Root Market Revenues & Volume, By Maize, 2021- 2031F |
6.5.3 Zambia Licorice Root Market Revenues & Volume, By Barley, 2021- 2031F |
6.5.4 Zambia Licorice Root Market Revenues & Volume, By Wheat, 2021- 2031F |
6.5.5 Zambia Licorice Root Market Revenues & Volume, By Rice, 2021- 2031F |
6.5.6 Zambia Licorice Root Market Revenues & Volume, By Rye, 2021- 2031F |
6.5.7 Zambia Licorice Root Market Revenues & Volume, By Oat, 2021- 2031F |
6.6 Zambia Licorice Root Market, By Ingredient Type |
6.6.1 Overview and Analysis |
6.6.2 Zambia Licorice Root Market Revenues & Volume, By Lipids, 2021- 2031F |
6.6.3 Zambia Licorice Root Market Revenues & Volume, By Protein, 2021- 2031F |
6.6.4 Zambia Licorice Root Market Revenues & Volume, By Polysaccharide, 2021- 2031F |
6.6.5 Zambia Licorice Root Market Revenues & Volume, By Others, 2021- 2031F |
6.7 Zambia Licorice Root Market, By End User |
6.7.1 Overview and Analysis |
6.7.2 Zambia Licorice Root Market Revenues & Volume, By Food and Beverage Industry, 2021- 2031F |
6.7.3 Zambia Licorice Root Market Revenues & Volume, By Tobacco Industry, 2021- 2031F |
6.7.4 Zambia Licorice Root Market Revenues & Volume, By Cosmetic Industry, 2021- 2031F |
6.7.5 Zambia Licorice Root Market Revenues & Volume, By Cosmetic Industry, 2021- 2031F |
6.7.6 Zambia Licorice Root Market Revenues & Volume, By Dietary Supplement, 2021- 2031F |
7 Zambia Licorice Root Market Import-Export Trade Statistics |
7.1 Zambia Licorice Root Market Export to Major Countries |
7.2 Zambia Licorice Root Market Imports from Major Countries |
8 Zambia Licorice Root Market Key Performance Indicators |
9 Zambia Licorice Root Market - Opportunity Assessment |
9.1 Zambia Licorice Root Market Opportunity Assessment, By Product Form, 2021 & 2031F |
9.2 Zambia Licorice Root Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Zambia Licorice Root Market Opportunity Assessment, By Function Type, 2021 & 2031F |
9.4 Zambia Licorice Root Market Opportunity Assessment, By Grade Type, 2021 & 2031F |
9.5 Zambia Licorice Root Market Opportunity Assessment, By Raw Material Type, 2021 & 2031F |
9.6 Zambia Licorice Root Market Opportunity Assessment, By Ingredient Type, 2021 & 2031F |
9.7 Zambia Licorice Root Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Zambia Licorice Root Market - Competitive Landscape |
10.1 Zambia Licorice Root Market Revenue Share, By Companies, 2024 |
10.2 Zambia Licorice Root Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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