| Product Code: ETC13083253 | 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 import of ashwagandha extract saw steady growth in 2024, with top exporters being Poland, Lithuania, China, Metropolitan France, and Sweden. The market remained competitive with low concentration levels, indicating a diverse range of suppliers. The compound annual growth rate (CAGR) from 2020 to 2024 was a robust 11.26%, and the growth rate from 2023 to 2024 further accelerated to 11.64%. This data suggests a positive outlook for the ashwagandha extract market in Latvia, driven by increasing demand and a dynamic supplier landscape.

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 Ashwagandha Extract Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Ashwagandha Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Ashwagandha Extract Market - Industry Life Cycle |
3.4 Latvia Ashwagandha Extract Market - Porter's Five Forces |
3.5 Latvia Ashwagandha Extract Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Ashwagandha Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Ashwagandha Extract Market Revenues & Volume Share, By Ingredient Type, 2021 & 2031F |
3.8 Latvia Ashwagandha Extract Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Latvia Ashwagandha Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of ashwagandha extract |
4.2.2 Growing demand for natural and herbal supplements |
4.2.3 Rise in prevalence of stress-related disorders and lifestyle diseases in Latvia |
4.3 Market Restraints |
4.3.1 Limited availability of high-quality ashwagandha extract in the market |
4.3.2 Lack of standardized regulations for ashwagandha extract products |
4.3.3 Price volatility due to fluctuations in raw material supply |
5 Latvia Ashwagandha Extract Market Trends |
6 Latvia Ashwagandha Extract Market, By Types |
6.1 Latvia Ashwagandha Extract Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Ashwagandha Extract Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Latvia Ashwagandha Extract Market Revenues & Volume, By Powder, 2021 - 2031F |
6.1.4 Latvia Ashwagandha Extract Market Revenues & Volume, By Capsules, 2021 - 2031F |
6.1.5 Latvia Ashwagandha Extract Market Revenues & Volume, By Tincture, 2021 - 2031F |
6.2 Latvia Ashwagandha Extract Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Ashwagandha Extract Market Revenues & Volume, By Supplements, 2021 - 2031F |
6.2.3 Latvia Ashwagandha Extract Market Revenues & Volume, By Skincare, 2021 - 2031F |
6.2.4 Latvia Ashwagandha Extract Market Revenues & Volume, By Cognitive Health, 2021 - 2031F |
6.3 Latvia Ashwagandha Extract Market, By Ingredient Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Ashwagandha Extract Market Revenues & Volume, By Herbal Extract, 2021 - 2031F |
6.3.3 Latvia Ashwagandha Extract Market Revenues & Volume, By Adaptogen, 2021 - 2031F |
6.3.4 Latvia Ashwagandha Extract Market Revenues & Volume, By Adaptogenic Herb, 2021 - 2031F |
6.4 Latvia Ashwagandha Extract Market, By Form |
6.4.1 Overview and Analysis |
6.4.2 Latvia Ashwagandha Extract Market Revenues & Volume, By Capsule, 2021 - 2031F |
6.4.3 Latvia Ashwagandha Extract Market Revenues & Volume, By Tablet, 2021 - 2031F |
6.4.4 Latvia Ashwagandha Extract Market Revenues & Volume, By Liquid, 2021 - 2031F |
7 Latvia Ashwagandha Extract Market Import-Export Trade Statistics |
7.1 Latvia Ashwagandha Extract Market Export to Major Countries |
7.2 Latvia Ashwagandha Extract Market Imports from Major Countries |
8 Latvia Ashwagandha Extract Market Key Performance Indicators |
8.1 Number of new product launches containing ashwagandha extract |
8.2 Consumer satisfaction and repurchase rates for ashwagandha extract products |
8.3 Investment in research and development for innovative ashwagandha extract formulations |
9 Latvia Ashwagandha Extract Market - Opportunity Assessment |
9.1 Latvia Ashwagandha Extract Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Ashwagandha Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Ashwagandha Extract Market Opportunity Assessment, By Ingredient Type, 2021 & 2031F |
9.4 Latvia Ashwagandha Extract Market Opportunity Assessment, By Form, 2021 & 2031F |
10 Latvia Ashwagandha Extract Market - Competitive Landscape |
10.1 Latvia Ashwagandha Extract Market Revenue Share, By Companies, 2024 |
10.2 Latvia Ashwagandha Extract Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |