| Product Code: ETC5218442 | 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 |
Latvia`s import of sugar beet juice extract in 2024 continued to be dominated by neighboring countries Lithuania, Estonia, and Poland. The high Herfindahl-Hirschman Index (HHI) reflects a concentrated market. However, the industry saw a significant decline in compound annual growth rate (CAGR) from 2020 to 2024 at -46.49%, with a sharp drop in growth rate from 2023 to 2024 at -69.33%. This indicates a challenging market environment for sugar beet juice extract imports in Latvia, potentially influenced by various factors affecting the industry dynamics.

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 Sugar Beet Juice Extract Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Sugar Beet Juice Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Sugar Beet Juice Extract Market - Industry Life Cycle |
3.4 Latvia Sugar Beet Juice Extract Market - Porter's Five Forces |
3.5 Latvia Sugar Beet Juice Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Latvia Sugar Beet Juice Extract Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Sugar Beet Juice Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer awareness towards health benefits of sugar beet juice extract |
4.2.2 Increasing demand for natural and organic ingredients in food and beverage industry |
4.2.3 Rise in adoption of sugar beet juice extract in pharmaceutical and cosmetic applications |
4.3 Market Restraints |
4.3.1 Fluctuations in sugar beet production due to weather conditions |
4.3.2 Competition from other natural sweeteners like agave and stevia |
4.3.3 Regulatory challenges related to sugar content and labeling requirements |
5 Latvia Sugar Beet Juice Extract Market Trends |
6 Latvia Sugar Beet Juice Extract Market Segmentations |
6.1 Latvia Sugar Beet Juice Extract Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Latvia Sugar Beet Juice Extract Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.1.3 Latvia Sugar Beet Juice Extract Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.1.4 Latvia Sugar Beet Juice Extract Market Revenues & Volume, By Bio Fuel, 2021-2031F |
6.1.5 Latvia Sugar Beet Juice Extract Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Sugar Beet Juice Extract Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Sugar Beet Juice Extract Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021-2031F |
6.2.3 Latvia Sugar Beet Juice Extract Market Revenues & Volume, By Convenience Store, 2021-2031F |
6.2.4 Latvia Sugar Beet Juice Extract Market Revenues & Volume, By Online, 2021-2031F |
7 Latvia Sugar Beet Juice Extract Market Import-Export Trade Statistics |
7.1 Latvia Sugar Beet Juice Extract Market Export to Major Countries |
7.2 Latvia Sugar Beet Juice Extract Market Imports from Major Countries |
8 Latvia Sugar Beet Juice Extract Market Key Performance Indicators |
8.1 Average selling price of sugar beet juice extract |
8.2 Number of new product launches containing sugar beet juice extract |
8.3 Percentage of sugar beet juice extract used in new product formulations |
8.4 Research and development investment in sugar beet juice extract innovations |
8.5 Consumer perception and acceptance of sugar beet juice extract |
9 Latvia Sugar Beet Juice Extract Market - Opportunity Assessment |
9.1 Latvia Sugar Beet Juice Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Latvia Sugar Beet Juice Extract Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Sugar Beet Juice Extract Market - Competitive Landscape |
10.1 Latvia Sugar Beet Juice Extract Market Revenue Share, By Companies, 2024 |
10.2 Latvia Sugar Beet Juice Extract Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |