| Product Code: ETC5649476 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Latvia`s aroma ingredients import market saw significant growth in 2024, with top exporters being Netherlands, Metropolitan France, Lithuania, Germany, and the UK. The market concentration remained high, indicating a competitive landscape. The impressive compound annual growth rate (CAGR) of 23.39% from 2020 to 2024 reflects the increasing demand for aroma ingredients in Latvia. Moreover, the remarkable growth rate of 69.84% from 2023 to 2024 highlights the rapid expansion of the market. This data suggests a positive outlook for the aroma ingredients import industry in Latvia.
| 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 Latvia Aroma Ingredients Market Overview | 
| 3.1 Latvia Country Macro Economic Indicators | 
| 3.2 Latvia Aroma Ingredients Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Latvia Aroma Ingredients Market - Industry Life Cycle | 
| 3.4 Latvia Aroma Ingredients Market - Porter's Five Forces | 
| 3.5 Latvia Aroma Ingredients Market Revenues & Volume Share, By Type, 2021 & 2031F | 
| 3.6 Latvia Aroma Ingredients Market Revenues & Volume Share, By Application, 2021 & 2031F | 
| 4 Latvia Aroma Ingredients Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Increasing consumer preference for natural and organic aroma ingredients | 
| 4.2.2 Growth in the food and beverage industry, leading to higher demand for aroma ingredients | 
| 4.2.3 Rising disposable income of consumers in Latvia | 
| 4.3 Market Restraints | 
| 4.3.1 Stringent regulations and standards related to the use of aroma ingredients | 
| 4.3.2 Fluctuations in raw material prices affecting production costs | 
| 5 Latvia Aroma Ingredients Market Trends | 
| 6 Latvia Aroma Ingredients Market Segmentations | 
| 6.1 Latvia Aroma Ingredients Market, By Type | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Latvia Aroma Ingredients Market Revenues & Volume, By Synthetic Ingredients, 2021-2031F | 
| 6.1.3 Latvia Aroma Ingredients Market Revenues & Volume, By Natural Ingredients, 2021-2031F | 
| 6.2 Latvia Aroma Ingredients Market, By Application | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Latvia Aroma Ingredients Market Revenues & Volume, By Fine Fragrances, 2021-2031F | 
| 6.2.3 Latvia Aroma Ingredients Market Revenues & Volume, By Toiletries, 2021-2031F | 
| 6.2.4 Latvia Aroma Ingredients Market Revenues & Volume, By Cosmetics, 2021-2031F | 
| 7 Latvia Aroma Ingredients Market Import-Export Trade Statistics | 
| 7.1 Latvia Aroma Ingredients Market Export to Major Countries | 
| 7.2 Latvia Aroma Ingredients Market Imports from Major Countries | 
| 8 Latvia Aroma Ingredients Market Key Performance Indicators | 
| 8.1 Consumer awareness and acceptance of natural and organic aroma ingredients | 
| 8.2 GDP growth rate in Latvia | 
| 8.3 Number of new product launches incorporating aroma ingredients | 
| 8.4 Investment in research and development for innovative aroma ingredients | 
| 9 Latvia Aroma Ingredients Market - Opportunity Assessment | 
| 9.1 Latvia Aroma Ingredients Market Opportunity Assessment, By Type, 2021 & 2031F | 
| 9.2 Latvia Aroma Ingredients Market Opportunity Assessment, By Application, 2021 & 2031F | 
| 10 Latvia Aroma Ingredients Market - Competitive Landscape | 
| 10.1 Latvia Aroma Ingredients Market Revenue Share, By Companies, 2024 | 
| 10.2 Latvia Aroma Ingredients Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 13 Disclaimer |