| Product Code: ETC7905978 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia continued to rely on imports of beer adjuncts, with Lithuania, Germany, Finland, Austria, and Estonia being the top exporting countries. Despite a high concentration level indicated by the HHI, the market saw steady growth with a CAGR of 2.99% from 2020 to 2024. However, there was a notable decline in growth rate from 2023 to 2024 at -24.23%, suggesting potential shifts in market dynamics or external factors impacting import trends. Monitoring these trends will be crucial for stakeholders in the beer adjuncts industry in Latvia.

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 Beer Adjuncts Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Beer Adjuncts Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Beer Adjuncts Market - Industry Life Cycle |
3.4 Latvia Beer Adjuncts Market - Porter's Five Forces |
3.5 Latvia Beer Adjuncts Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Latvia Beer Adjuncts Market Revenues & Volume Share, By Forms, 2021 & 2031F |
4 Latvia Beer Adjuncts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for craft and specialty beers |
4.2.2 Growing popularity of beer festivals and events in Latvia |
4.2.3 Rising disposable income leading to higher spending on premium beer products |
4.3 Market Restraints |
4.3.1 Stringent government regulations on alcohol advertising and distribution |
4.3.2 Competition from other alcoholic beverages like wine and spirits |
4.3.3 Fluctuating raw material prices impacting production costs |
5 Latvia Beer Adjuncts Market Trends |
6 Latvia Beer Adjuncts Market, By Types |
6.1 Latvia Beer Adjuncts Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Latvia Beer Adjuncts Market Revenues & Volume, By Types, 2021- 2031F |
6.1.3 Latvia Beer Adjuncts Market Revenues & Volume, By Unmalted Grains, 2021- 2031F |
6.1.4 Latvia Beer Adjuncts Market Revenues & Volume, By Sugar, 2021- 2031F |
6.1.5 Latvia Beer Adjuncts Market Revenues & Volume, By Cassava, 2021- 2031F |
6.1.6 Latvia Beer Adjuncts Market Revenues & Volume, By Potatoes, 2021- 2031F |
6.1.7 Latvia Beer Adjuncts Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Beer Adjuncts Market, By Forms |
6.2.1 Overview and Analysis |
6.2.2 Latvia Beer Adjuncts Market Revenues & Volume, By Dry, 2021- 2031F |
6.2.3 Latvia Beer Adjuncts Market Revenues & Volume, By Liquid, 2021- 2031F |
7 Latvia Beer Adjuncts Market Import-Export Trade Statistics |
7.1 Latvia Beer Adjuncts Market Export to Major Countries |
7.2 Latvia Beer Adjuncts Market Imports from Major Countries |
8 Latvia Beer Adjuncts Market Key Performance Indicators |
8.1 Percentage of craft and specialty beer sales in the overall beer market |
8.2 Number of attendees and participants in beer festivals and events |
8.3 Average selling price of premium beer products |
8.4 Percentage of market share held by beer compared to other alcoholic beverages |
8.5 Production cost efficiency ratio |
9 Latvia Beer Adjuncts Market - Opportunity Assessment |
9.1 Latvia Beer Adjuncts Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Latvia Beer Adjuncts Market Opportunity Assessment, By Forms, 2021 & 2031F |
10 Latvia Beer Adjuncts Market - Competitive Landscape |
10.1 Latvia Beer Adjuncts Market Revenue Share, By Companies, 2024 |
10.2 Latvia Beer Adjuncts Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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