| Product Code: ETC5795643 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s import shipments of acerola extract saw significant growth in 2024, with top exporters being Poland, Lithuania, China, Netherlands, and Sweden. The market concentration, as measured by the HHI, shifted from low to moderate concentration within a year. The compound annual growth rate (CAGR) from 2020 to 2024 was a healthy 8.88%, with a notable growth rate of 12.91% from 2023 to 2024. This data indicates a growing demand for acerola extract in Latvia and suggests potential opportunities for market players in the industry.

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 Acerola Extract Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Acerola Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Acerola Extract Market - Industry Life Cycle |
3.4 Latvia Acerola Extract Market - Porter's Five Forces |
3.5 Latvia Acerola Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Latvia Acerola Extract Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Latvia Acerola Extract Market Revenues & Volume Share, By Nature, 2021 & 2031F |
4 Latvia Acerola Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of acerola extract |
4.2.2 Growing demand for natural and organic ingredients in food and beverage products |
4.2.3 Rising trend of using acerola extract in cosmetics and personal care products |
4.3 Market Restraints |
4.3.1 Limited availability of acerola fruit due to its cultivation being restricted to certain regions |
4.3.2 Fluctuating prices of acerola extract based on supply and demand dynamics |
4.3.3 Stringent regulations and quality standards governing the production and marketing of acerola extract |
5 Latvia Acerola Extract Market Trends |
6 Latvia Acerola Extract Market Segmentations |
6.1 Latvia Acerola Extract Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Latvia Acerola Extract Market Revenues & Volume, By Meat Products, 2021-2031F |
6.1.3 Latvia Acerola Extract Market Revenues & Volume, By Bakery Products, 2021-2031F |
6.1.4 Latvia Acerola Extract Market Revenues & Volume, By Confectioneries, 2021-2031F |
6.1.5 Latvia Acerola Extract Market Revenues & Volume, By Dairy & Frozen Desserts, 2021-2031F |
6.1.6 Latvia Acerola Extract Market Revenues & Volume, By Beverages, 2021-2031F |
6.2 Latvia Acerola Extract Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Latvia Acerola Extract Market Revenues & Volume, By Dry , 2021-2031F |
6.2.3 Latvia Acerola Extract Market Revenues & Volume, By Liquid, 2021-2031F |
6.3 Latvia Acerola Extract Market, By Nature |
6.3.1 Overview and Analysis |
6.3.2 Latvia Acerola Extract Market Revenues & Volume, By Conventional , 2021-2031F |
6.3.3 Latvia Acerola Extract Market Revenues & Volume, By Organic, 2021-2031F |
7 Latvia Acerola Extract Market Import-Export Trade Statistics |
7.1 Latvia Acerola Extract Market Export to Major Countries |
7.2 Latvia Acerola Extract Market Imports from Major Countries |
8 Latvia Acerola Extract Market Key Performance Indicators |
8.1 Percentage increase in the number of companies incorporating acerola extract in their product offerings |
8.2 Growth in the number of research studies highlighting the health benefits of acerola extract |
8.3 Expansion of distribution channels for acerola extract products |
9 Latvia Acerola Extract Market - Opportunity Assessment |
9.1 Latvia Acerola Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Latvia Acerola Extract Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Latvia Acerola Extract Market Opportunity Assessment, By Nature, 2021 & 2031F |
10 Latvia Acerola Extract Market - Competitive Landscape |
10.1 Latvia Acerola Extract Market Revenue Share, By Companies, 2024 |
10.2 Latvia Acerola Extract Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |