Latvia Alginic acid Market (2025-2031) | Companies, Analysis, Share, Forecast, Revenue, Trends, Segmentation, Size, Growth, Industry, Value & Outlook

Market Forecast By Type (Sodium Alginate, Potassium Alginate, Calcium Alginate, Ammonium Alginate, Lithium, Magnesium, Propylene Glycol Alginate), By Industry use (Food Industry, Pharmaceutical, Cosmetics, Art and Crafts, Textile and Paper Industry, Industries and Technical, Leisure Industry, Other), By Functional Usage (Moisture Retainer, Thickening agent, A gelling agent, Adhesive, Coating, Stabilizer, Foaming and emulsifying agent) And Competitive Landscape
Product Code: ETC4767971 Publication Date: Nov 2023 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Shubham Padhi No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Latvia Alginic Acid Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Latvia continued to see a significant influx of alginic acid imports, with top exporting countries being Poland, Germany, Lithuania, Belgium, and Finland. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting challenges for new entrants. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) of 20.85% over the period of 2020-24 highlights the overall positive trend in alginic acid imports to Latvia. The market dynamics and key players in this sector will be crucial for future strategic planning and decision-making.

Latvia Alginic Acid Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Latvia Alginic acid Market Outlook
  • Market Size of Latvia Alginic acid Market, 2024
  • Forecast of Latvia Alginic acid Market, 2031
  • Historical Data and Forecast of Latvia Alginic acid Revenues & Volume for the Period 2021-2031
  • Latvia Alginic acid Market Trend Evolution
  • Latvia Alginic acid Market Drivers and Challenges
  • Latvia Alginic acid Price Trends
  • Latvia Alginic acid Porter`s Five Forces
  • Latvia Alginic acid Industry Life Cycle
  • Historical Data and Forecast of Latvia Alginic acid Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Alginic acid Market Revenues & Volume By Sodium Alginate for the Period 2021-2031
  • Historical Data and Forecast of Latvia Alginic acid Market Revenues & Volume By Potassium Alginate for the Period 2021-2031
  • Historical Data and Forecast of Latvia Alginic acid Market Revenues & Volume By Calcium Alginate for the Period 2021-2031
  • Historical Data and Forecast of Latvia Alginic acid Market Revenues & Volume By Ammonium Alginate for the Period 2021-2031
  • Historical Data and Forecast of Latvia Alginic acid Market Revenues & Volume By Lithium for the Period 2021-2031
  • Historical Data and Forecast of Latvia Alginic acid Market Revenues & Volume By Magnesium for the Period 2021-2031
  • Historical Data and Forecast of Latvia Alginic acid Market Revenues & Volume By Propylene Glycol Alginate for the Period 2021-2031
  • Historical Data and Forecast of Latvia Alginic acid Market Revenues & Volume By Industry use for the Period 2021-2031
  • Historical Data and Forecast of Latvia Alginic acid Market Revenues & Volume By Food Industry for the Period 2021-2031
  • Historical Data and Forecast of Latvia Alginic acid Market Revenues & Volume By Pharmaceutical for the Period 2021-2031
  • Historical Data and Forecast of Latvia Alginic acid Market Revenues & Volume By Cosmetics for the Period 2021-2031
  • Historical Data and Forecast of Latvia Alginic acid Market Revenues & Volume By Art and Crafts for the Period 2021-2031
  • Historical Data and Forecast of Latvia Alginic acid Market Revenues & Volume By Textile and Paper Industry for the Period 2021-2031
  • Historical Data and Forecast of Latvia Alginic acid Market Revenues & Volume By Industries and Technical for the Period 2021-2031
  • Historical Data and Forecast of Latvia Alginic acid Market Revenues & Volume By Leisure Industry for the Period 2021-2031
  • Historical Data and Forecast of Latvia Alginic acid Market Revenues & Volume By Other for the Period 2021-2031
  • Historical Data and Forecast of Latvia Alginic acid Market Revenues & Volume By Functional Usage for the Period 2021-2031
  • Historical Data and Forecast of Latvia Alginic acid Market Revenues & Volume By Moisture Retainer for the Period 2021-2031
  • Historical Data and Forecast of Latvia Alginic acid Market Revenues & Volume By Thickening agent for the Period 2021-2031
  • Historical Data and Forecast of Latvia Alginic acid Market Revenues & Volume By A gelling agent for the Period 2021-2031
  • Historical Data and Forecast of Latvia Alginic acid Market Revenues & Volume By Adhesive for the Period 2021-2031
  • Historical Data and Forecast of Latvia Alginic acid Market Revenues & Volume By Coating for the Period 2021-2031
  • Historical Data and Forecast of Latvia Alginic acid Market Revenues & Volume By Stabilizer for the Period 2021-2031
  • Historical Data and Forecast of Latvia Alginic acid Market Revenues & Volume By Foaming and emulsifying agent for the Period 2021-2031
  • Latvia Alginic acid Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Industry use
  • Market Opportunity Assessment By Functional Usage
  • Latvia Alginic acid Top Companies Market Share
  • Latvia Alginic acid Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Alginic acid Company Profiles
  • Latvia Alginic acid Key Strategic Recommendations

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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 Alginic acid Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Alginic acid Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Alginic acid Market - Industry Life Cycle

3.4 Latvia Alginic acid Market - Porter's Five Forces

3.5 Latvia Alginic acid Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Latvia Alginic acid Market Revenues & Volume Share, By Industry use, 2021 & 2031F

3.7 Latvia Alginic acid Market Revenues & Volume Share, By Functional Usage, 2021 & 2031F

4 Latvia Alginic acid Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growing demand for natural and organic ingredients in the food and pharmaceutical industries

4.2.2 Increasing awareness about the health benefits of alginic acid

4.2.3 Growing research and development activities in the biotechnology sector

4.3 Market Restraints

4.3.1 High production costs associated with alginic acid extraction and purification

4.3.2 Limited availability of raw materials for alginic acid production

4.3.3 Stringent regulations and quality standards in the food and pharmaceutical industries

5 Latvia Alginic acid Market Trends

6 Latvia Alginic acid Market Segmentations

6.1 Latvia Alginic acid Market, By Type

6.1.1 Overview and Analysis

6.1.2 Latvia Alginic acid Market Revenues & Volume, By Sodium Alginate, 2021-2031F

6.1.3 Latvia Alginic acid Market Revenues & Volume, By Potassium Alginate, 2021-2031F

6.1.4 Latvia Alginic acid Market Revenues & Volume, By Calcium Alginate, 2021-2031F

6.1.5 Latvia Alginic acid Market Revenues & Volume, By Ammonium Alginate, 2021-2031F

6.1.6 Latvia Alginic acid Market Revenues & Volume, By Lithium, 2021-2031F

6.1.7 Latvia Alginic acid Market Revenues & Volume, By Magnesium, 2021-2031F

6.2 Latvia Alginic acid Market, By Industry use

6.2.1 Overview and Analysis

6.2.2 Latvia Alginic acid Market Revenues & Volume, By Food Industry, 2021-2031F

6.2.3 Latvia Alginic acid Market Revenues & Volume, By Pharmaceutical, 2021-2031F

6.2.4 Latvia Alginic acid Market Revenues & Volume, By Cosmetics, 2021-2031F

6.2.5 Latvia Alginic acid Market Revenues & Volume, By Art and Crafts, 2021-2031F

6.2.6 Latvia Alginic acid Market Revenues & Volume, By Textile and Paper Industry, 2021-2031F

6.2.7 Latvia Alginic acid Market Revenues & Volume, By Industries and Technical, 2021-2031F

6.2.8 Latvia Alginic acid Market Revenues & Volume, By Other, 2021-2031F

6.2.9 Latvia Alginic acid Market Revenues & Volume, By Other, 2021-2031F

6.3 Latvia Alginic acid Market, By Functional Usage

6.3.1 Overview and Analysis

6.3.2 Latvia Alginic acid Market Revenues & Volume, By Moisture Retainer, 2021-2031F

6.3.3 Latvia Alginic acid Market Revenues & Volume, By Thickening agent, 2021-2031F

6.3.4 Latvia Alginic acid Market Revenues & Volume, By A gelling agent, 2021-2031F

6.3.5 Latvia Alginic acid Market Revenues & Volume, By Adhesive, 2021-2031F

6.3.6 Latvia Alginic acid Market Revenues & Volume, By Coating, 2021-2031F

6.3.7 Latvia Alginic acid Market Revenues & Volume, By Stabilizer, 2021-2031F

7 Latvia Alginic acid Market Import-Export Trade Statistics

7.1 Latvia Alginic acid Market Export to Major Countries

7.2 Latvia Alginic acid Market Imports from Major Countries

8 Latvia Alginic acid Market Key Performance Indicators

8.1 Research and development investments in alginic acid technology

8.2 Number of new product launches containing alginic acid

8.3 Adoption rate of alginic acid products in various industries

9 Latvia Alginic acid Market - Opportunity Assessment

9.1 Latvia Alginic acid Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Latvia Alginic acid Market Opportunity Assessment, By Industry use, 2021 & 2031F

9.3 Latvia Alginic acid Market Opportunity Assessment, By Functional Usage, 2021 & 2031F

10 Latvia Alginic acid Market - Competitive Landscape

10.1 Latvia Alginic acid Market Revenue Share, By Companies, 2024

10.2 Latvia Alginic acid Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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