| Product Code: ETC7903915 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The import shipments of agar agar gum to Latvia show a steady growth trend with a Compound Annual Growth Rate (CAGR) of 1.21% from 2020 to 2024. In 2024, the top exporting countries to Latvia include Lithuania, China, Estonia, Netherlands, and Germany. The Herfindahl-Hirschman Index (HHI) indicates a high concentration in the market, which increased from 2023 to 2024. The impressive growth rate of 16.06% in 2024 highlights the increasing demand for agar agar gum in Latvia, indicating a promising market outlook for the product.
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 Agar Agar Gum Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Agar Agar Gum Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Agar Agar Gum Market - Industry Life Cycle |
3.4 Latvia Agar Agar Gum Market - Porter's Five Forces |
3.5 Latvia Agar Agar Gum Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Agar Agar Gum Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Agar Agar Gum Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer awareness about the health benefits of agar agar gum |
4.2.2 Increasing demand for plant-based and vegan food products |
4.2.3 Rising adoption of agar agar gum in food and beverage industry for its gelling and stabilizing properties |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices affecting production costs |
4.3.2 Limited availability of agar agar seaweed leading to supply chain challenges |
4.3.3 Competition from substitutes such as gelatin impacting market growth |
5 Latvia Agar Agar Gum Market Trends |
6 Latvia Agar Agar Gum Market, By Types |
6.1 Latvia Agar Agar Gum Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Agar Agar Gum Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Latvia Agar Agar Gum Market Revenues & Volume, By Powder, 2021- 2031F |
6.1.4 Latvia Agar Agar Gum Market Revenues & Volume, By Square, 2021- 2031F |
6.1.5 Latvia Agar Agar Gum Market Revenues & Volume, By Strips, 2021- 2031F |
6.2 Latvia Agar Agar Gum Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Agar Agar Gum Market Revenues & Volume, By Confectioneries, 2021- 2031F |
6.2.3 Latvia Agar Agar Gum Market Revenues & Volume, By Bakery & Pastry, 2021- 2031F |
6.2.4 Latvia Agar Agar Gum Market Revenues & Volume, By Retail, 2021- 2031F |
6.2.5 Latvia Agar Agar Gum Market Revenues & Volume, By Meat, 2021- 2031F |
6.2.6 Latvia Agar Agar Gum Market Revenues & Volume, By Microbiological & Molecular, 2021- 2031F |
7 Latvia Agar Agar Gum Market Import-Export Trade Statistics |
7.1 Latvia Agar Agar Gum Market Export to Major Countries |
7.2 Latvia Agar Agar Gum Market Imports from Major Countries |
8 Latvia Agar Agar Gum Market Key Performance Indicators |
8.1 Consumer demand for agar agar gum-based products |
8.2 Number of new product launches containing agar agar gum |
8.3 Adoption rate of agar agar gum in various food applications |
8.4 Research and development investments in improving agar agar gum properties |
8.5 Sustainability initiatives in agar agar gum sourcing and production |
9 Latvia Agar Agar Gum Market - Opportunity Assessment |
9.1 Latvia Agar Agar Gum Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Agar Agar Gum Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Agar Agar Gum Market - Competitive Landscape |
10.1 Latvia Agar Agar Gum Market Revenue Share, By Companies, 2024 |
10.2 Latvia Agar Agar Gum Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |