| Product Code: ETC12711157 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Latvia`s agar agar import market saw a notable surge in 2024, with Lithuania, China, Estonia, Netherlands, and Germany emerging as the top exporting countries. Despite a high Herfindahl-Hirschman Index (HHI) concentration in 2023, the market maintained a strong level of concentration in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 stood at 1.21%, while the growth rate from 2023 to 2024 reached an impressive 16.06%. This growth trend signals a promising outlook for the agar agar import market in Latvia, with opportunities for further expansion and diversification.

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 Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Agar Agar Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Agar Agar Market - Industry Life Cycle |
3.4 Latvia Agar Agar Market - Porter's Five Forces |
3.5 Latvia Agar Agar Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Agar Agar Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Agar Agar Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Agar Agar Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of agar agar as a plant-based and vegan alternative to gelatin. |
4.2.2 Growing demand for agar agar in the food and beverage industry due to its gelling, thickening, and stabilizing properties. |
4.2.3 Rising trend of clean label and natural ingredients in food products, driving the adoption of agar agar as a natural gelling agent. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in agar agar production, such as seaweed, impacting the overall production cost. |
4.3.2 Limited availability of high-quality agar agar raw materials, leading to supply chain challenges. |
4.3.3 Competition from substitutes like gelatin or other plant-based alternatives in the market. |
5 Latvia Agar Agar Market Trends |
6 Latvia Agar Agar Market, By Types |
6.1 Latvia Agar Agar Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Agar Agar Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Latvia Agar Agar Market Revenues & Volume, By Powder Form, 2021 - 2031F |
6.1.4 Latvia Agar Agar Market Revenues & Volume, By Flake Form, 2021 - 2031F |
6.1.5 Latvia Agar Agar Market Revenues & Volume, By Bar Form, 2021 - 2031F |
6.2 Latvia Agar Agar Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Agar Agar Market Revenues & Volume, By Food & Beverages, 2021 - 2031F |
6.2.3 Latvia Agar Agar Market Revenues & Volume, By Pharmaceuticals, 2021 - 2031F |
6.2.4 Latvia Agar Agar Market Revenues & Volume, By Cosmetics, 2021 - 2031F |
6.2.5 Latvia Agar Agar Market Revenues & Volume, By Laboratory Use, 2021 - 2031F |
6.3 Latvia Agar Agar Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Agar Agar Market Revenues & Volume, By Food Manufacturers, 2021 - 2031F |
6.3.3 Latvia Agar Agar Market Revenues & Volume, By Cosmetic Manufacturers, 2021 - 2031F |
6.3.4 Latvia Agar Agar Market Revenues & Volume, By Pharmaceutical Companies, 2021 - 2031F |
7 Latvia Agar Agar Market Import-Export Trade Statistics |
7.1 Latvia Agar Agar Market Export to Major Countries |
7.2 Latvia Agar Agar Market Imports from Major Countries |
8 Latvia Agar Agar Market Key Performance Indicators |
8.1 Number of new product launches containing agar agar as an ingredient in the Latvian market. |
8.2 Percentage increase in the adoption of agar agar by food manufacturers in Latvia over a specific period. |
8.3 Customer satisfaction scores related to products using agar agar as a stabilizer or gelling agent. |
9 Latvia Agar Agar Market - Opportunity Assessment |
9.1 Latvia Agar Agar Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Agar Agar Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Agar Agar Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Agar Agar Market - Competitive Landscape |
10.1 Latvia Agar Agar Market Revenue Share, By Companies, 2024 |
10.2 Latvia Agar Agar Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |