| Product Code: ETC4706791 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Latvia`s alginate import market continues to be dominated by key suppliers such as Poland, Germany, Lithuania, Belgium, and Finland in 2024, reflecting a high concentration level. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-24 stands impressively at 20.85%, indicating a significant overall expansion in the market. This data suggests a stable import demand for alginate in Latvia, with continued reliance on established trade partners for the foreseeable future.
The Alginate market in Latvia is projected to grow at a stable growth rate of 0.83% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Alginate Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Alginate Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Alginate Market - Industry Life Cycle |
3.4 Latvia Alginate Market - Porter's Five Forces |
3.5 Latvia Alginate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Alginate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Alginate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for natural and organic ingredients in food and pharmaceutical industries |
4.2.2 Growing awareness about the health benefits of alginate as a food additive and pharmaceutical excipient |
4.2.3 Rising usage of alginate in the textile industry for its eco-friendly and sustainable properties |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices affecting the production cost of alginate |
4.3.2 Lack of standardized regulations and quality control measures in the alginate market |
4.3.3 Limited availability of skilled labor for alginate extraction and processing |
5 Latvia Alginate Market Trends |
6 Latvia Alginate Market Segmentations |
6.1 Latvia Alginate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Alginate Market Revenues & Volume, By Sodium Alginate, 2021-2031F |
6.1.3 Latvia Alginate Market Revenues & Volume, By Calcium Alginate, 2021-2031F |
6.1.4 Latvia Alginate Market Revenues & Volume, By Potassium Alginate, 2021-2031F |
6.1.5 Latvia Alginate Market Revenues & Volume, By PGA, 2021-2031F |
6.1.6 Latvia Alginate Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Alginate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Alginate Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.2.3 Latvia Alginate Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 Latvia Alginate Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.5 Latvia Alginate Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Alginate Market Import-Export Trade Statistics |
7.1 Latvia Alginate Market Export to Major Countries |
7.2 Latvia Alginate Market Imports from Major Countries |
8 Latvia Alginate Market Key Performance Indicators |
8.1 Research and development investment in innovative alginate applications |
8.2 Adoption rate of alginate-based products in the food, pharmaceutical, and textile industries |
8.3 Environmental sustainability practices in alginate extraction and processing |
9 Latvia Alginate Market - Opportunity Assessment |
9.1 Latvia Alginate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Alginate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Alginate Market - Competitive Landscape |
10.1 Latvia Alginate Market Revenue Share, By Companies, 2024 |
10.2 Latvia Alginate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |