| Product Code: ETC5002255 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Zimbabwe Licorice Extract Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 2.40% in 2027, following an initial rate of 1.93%, before easing to 0.65% at the end of the period.

By 2027, Zimbabwe's Licorice Extract market is forecasted to achieve a stable growth rate of 2.40%, with Egypt leading the Africa region, followed by South Africa, Algeria, Nigeria and Morocco.

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 Zimbabwe Licorice Extract Market Overview |
3.1 Zimbabwe Country Macro Economic Indicators |
3.2 Zimbabwe Licorice Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Zimbabwe Licorice Extract Market - Industry Life Cycle |
3.4 Zimbabwe Licorice Extract Market - Porter's Five Forces |
3.5 Zimbabwe Licorice Extract Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Zimbabwe Licorice Extract Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Zimbabwe Licorice Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Zimbabwe 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 the food and beverage industry |
4.2.3 Rising use of licorice extract in pharmaceuticals and nutraceuticals |
4.3 Market Restraints |
4.3.1 Fluctuations in licorice production due to weather conditions |
4.3.2 Regulatory challenges related to the cultivation and export of licorice |
4.3.3 Competition from substitute ingredients in the market |
5 Zimbabwe Licorice Extract Market Trends |
6 Zimbabwe Licorice Extract Market Segmentations |
6.1 Zimbabwe Licorice Extract Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Zimbabwe Licorice Extract Market Revenues & Volume, By Food Grade, 2021-2031F |
6.1.3 Zimbabwe Licorice Extract Market Revenues & Volume, By Feed Grade, 2021-2031F |
6.1.4 Zimbabwe Licorice Extract Market Revenues & Volume, By Pharmaceutical Grade, 2021-2031F |
6.2 Zimbabwe Licorice Extract Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Zimbabwe Licorice Extract Market Revenues & Volume, By Powder, 2021-2031F |
6.2.3 Zimbabwe Licorice Extract Market Revenues & Volume, By Liquid, 2021-2031F |
6.2.4 Zimbabwe Licorice Extract Market Revenues & Volume, By Block, 2021-2031F |
6.3 Zimbabwe Licorice Extract Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Zimbabwe Licorice Extract Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.3.3 Zimbabwe Licorice Extract Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.3.4 Zimbabwe Licorice Extract Market Revenues & Volume, By Tobacco, 2021-2031F |
6.3.5 Zimbabwe Licorice Extract Market Revenues & Volume, By Others, 2021-2031F |
7 Zimbabwe Licorice Extract Market Import-Export Trade Statistics |
7.1 Zimbabwe Licorice Extract Market Export to Major Countries |
7.2 Zimbabwe Licorice Extract Market Imports from Major Countries |
8 Zimbabwe Licorice Extract Market Key Performance Indicators |
8.1 Percentage growth in the number of products containing licorice extract |
8.2 Number of new product launches with licorice extract as an ingredient |
8.3 Increase in research and development investments in licorice-based products |
8.4 Consumer sentiment and perception towards licorice extract through surveys and feedback |
8.5 Expansion of distribution channels for licorice extract products |
9 Zimbabwe Licorice Extract Market - Opportunity Assessment |
9.1 Zimbabwe Licorice Extract Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Zimbabwe Licorice Extract Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Zimbabwe Licorice Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Zimbabwe Licorice Extract Market - Competitive Landscape |
10.1 Zimbabwe Licorice Extract Market Revenue Share, By Companies, 2024 |
10.2 Zimbabwe Licorice Extract 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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