| Product Code: ETC4706392 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia saw a steady influx of dextrin imports primarily from Belgium, Sweden, Netherlands, Germany, and Lithuania. Despite moderate concentration levels measured by the Herfindahl-Hirschman Index (HHI), the industry demonstrated a strong Compound Annual Growth Rate (CAGR) of 15.11% from 2020 to 2024. However, there was a notable decline in growth from 2023 to 2024, with a negative growth rate of -30.88%. This shift indicates potential market fluctuations that importers and stakeholders should closely monitor for future strategic decisions.

The Dextrin market in Latvia is projected to grow at a stable growth rate of 2.73% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Dextrin Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Dextrin Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Dextrin Market - Industry Life Cycle |
3.4 Latvia Dextrin Market - Porter's Five Forces |
3.5 Latvia Dextrin Market Revenues & Volume Share, By Powder Form, 2021 & 2031F |
3.6 Latvia Dextrin Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Latvia Dextrin Market Revenues & Volume Share, By End-use Industries, 2021 & 2031F |
4 Latvia Dextrin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for convenience foods and beverages, where dextrin is used as a stabilizer, texturizer, or thickening agent. |
4.2.2 Growing awareness about the health benefits of dextrin, such as its ability to improve digestion and promote gut health. |
4.2.3 Rising trend of clean label and natural products, leading to a preference for dextrin derived from natural sources. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in dextrin production, impacting the overall production cost. |
4.3.2 Regulatory challenges related to labeling requirements and health claims associated with dextrin products. |
4.3.3 Competition from substitute products offering similar functionalities as dextrin. |
5 Latvia Dextrin Market Trends |
6 Latvia Dextrin Market Segmentations |
6.1 Latvia Dextrin Market, By Powder Form |
6.1.1 Overview and Analysis |
6.1.2 Latvia Dextrin Market Revenues & Volume, By Yellow, 2021-2031F |
6.1.3 Latvia Dextrin Market Revenues & Volume, By White, 2021-2031F |
6.1.4 Latvia Dextrin Market Revenues & Volume, By Brown, 2021-2031F |
6.2 Latvia Dextrin Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Dextrin Market Revenues & Volume, By Limit dextrin, 2021-2031F |
6.2.3 Latvia Dextrin Market Revenues & Volume, By Maltodextrin, 2021-2031F |
6.2.4 Latvia Dextrin Market Revenues & Volume, By Cyclodextrin, 2021-2031F |
6.2.5 Latvia Dextrin Market Revenues & Volume, By Amylodextrin, 2021-2031F |
6.3 Latvia Dextrin Market, By End-use Industries |
6.3.1 Overview and Analysis |
6.3.2 Latvia Dextrin Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.3.3 Latvia Dextrin Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.3.4 Latvia Dextrin Market Revenues & Volume, By Food, 2021-2031F |
6.3.5 Latvia Dextrin Market Revenues & Volume, By Paper, 2021-2031F |
7 Latvia Dextrin Market Import-Export Trade Statistics |
7.1 Latvia Dextrin Market Export to Major Countries |
7.2 Latvia Dextrin Market Imports from Major Countries |
8 Latvia Dextrin Market Key Performance Indicators |
8.1 Research and development investments in new dextrin formulations to cater to evolving consumer preferences. |
8.2 Number of new product launches containing dextrin in the Latvian market. |
8.3 Consumer surveys or feedback on the perceived benefits and acceptance of dextrin-enriched products. |
9 Latvia Dextrin Market - Opportunity Assessment |
9.1 Latvia Dextrin Market Opportunity Assessment, By Powder Form, 2021 & 2031F |
9.2 Latvia Dextrin Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Latvia Dextrin Market Opportunity Assessment, By End-use Industries, 2021 & 2031F |
10 Latvia Dextrin Market - Competitive Landscape |
10.1 Latvia Dextrin Market Revenue Share, By Companies, 2024 |
10.2 Latvia Dextrin Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |