| Product Code: ETC7903607 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s acidulants import market in 2024 saw consistent growth, with Lithuania, China, Poland, Austria, and Italy emerging as top exporters. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 9.51%, showcasing sustained demand. Although the growth rate from 2023 to 2024 slowed slightly to 0.67%, the overall trend points towards a stable and growing market for acidulants 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 Acidulants Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Acidulants Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Acidulants Market - Industry Life Cycle |
3.4 Latvia Acidulants Market - Porter's Five Forces |
3.5 Latvia Acidulants Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Latvia Acidulants Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about health and wellness, leading to a growing demand for natural and clean label acidulants in Latvia. |
4.2.2 Expansion of food and beverage industry in Latvia, driving the need for acidulants in various products. |
4.2.3 Rising disposable income among the Latvian population, resulting in higher spending on convenience foods and beverages that contain acidulants. |
4.3 Market Restraints |
4.3.1 Stringent regulations and quality standards governing the use of acidulants in food and beverage products in Latvia. |
4.3.2 Fluctuating prices of raw materials used in the production of acidulants, impacting the overall cost and profitability for manufacturers. |
5 Latvia Acidulants Market Trends |
6 Latvia Acidulants Market, By Types |
6.1 Latvia Acidulants Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Acidulants Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Acidulants Market Revenues & Volume, By Citric Acid, 2021- 2031F |
6.1.4 Latvia Acidulants Market Revenues & Volume, By Sodium Citrate, 2021- 2031F |
6.1.5 Latvia Acidulants Market Revenues & Volume, By Potassium Citrate, 2021- 2031F |
6.1.6 Latvia Acidulants Market Revenues & Volume, By Acetic Acid, 2021- 2031F |
6.1.7 Latvia Acidulants Market Revenues & Volume, By Formic Acid, 2021- 2031F |
6.1.8 Latvia Acidulants Market Revenues & Volume, By Gluconic Acid, 2021- 2031F |
6.1.9 Latvia Acidulants Market Revenues & Volume, By Others, 2021- 2031F |
6.1.10 Latvia Acidulants Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Acidulants Market Import-Export Trade Statistics |
7.1 Latvia Acidulants Market Export to Major Countries |
7.2 Latvia Acidulants Market Imports from Major Countries |
8 Latvia Acidulants Market Key Performance Indicators |
8.1 Consumer Acceptance Rate of Products with Acidulants: Tracking the percentage of consumers in Latvia accepting and purchasing products containing acidulants. |
8.2 Number of New Product Launches with Acidulants: Monitoring the rate at which new food and beverage products with acidulants are introduced in the Latvian market. |
8.3 Research and Development Investment in Acidulants: Measuring the investment made by companies in Latvia towards research and development of innovative acidulant products. |
9 Latvia Acidulants Market - Opportunity Assessment |
9.1 Latvia Acidulants Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Latvia Acidulants Market - Competitive Landscape |
10.1 Latvia Acidulants Market Revenue Share, By Companies, 2024 |
10.2 Latvia Acidulants Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |