| Product Code: ETC7906840 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of canthaxanthin to Latvia in 2024 saw a notable shift in concentration levels, moving from high concentration in 2023 to a more moderate level in 2024. The top exporting countries to Latvia included Poland, Spain, China, Lithuania, and Germany. Despite a negative compound annual growth rate (CAGR) of -16.84% from 2020 to 2024, there was a significant growth rate of 33.94% from 2023 to 2024. This indicates a dynamic market environment with changing trends and opportunities for stakeholders involved in the canthaxanthin import trade 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 Canthaxanthin Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Canthaxanthin Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Canthaxanthin Market - Industry Life Cycle |
3.4 Latvia Canthaxanthin Market - Porter's Five Forces |
3.5 Latvia Canthaxanthin Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Latvia Canthaxanthin Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Canthaxanthin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of canthaxanthin |
4.2.2 Growing demand for natural food colorants in the food and beverage industry |
4.2.3 Expansion of the cosmetics industry leading to higher demand for canthaxanthin in skincare products |
4.3 Market Restraints |
4.3.1 Stringent regulations and approval processes for the use of canthaxanthin in various industries |
4.3.2 Fluctuations in raw material prices affecting the production costs of canthaxanthin manufacturers |
5 Latvia Canthaxanthin Market Trends |
6 Latvia Canthaxanthin Market, By Types |
6.1 Latvia Canthaxanthin Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Latvia Canthaxanthin Market Revenues & Volume, By Source, 2021- 2031F |
6.1.3 Latvia Canthaxanthin Market Revenues & Volume, By Natural, 2021- 2031F |
6.1.4 Latvia Canthaxanthin Market Revenues & Volume, By Synthetic, 2021- 2031F |
6.2 Latvia Canthaxanthin Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Canthaxanthin Market Revenues & Volume, By Personal Care, 2021- 2031F |
6.2.3 Latvia Canthaxanthin Market Revenues & Volume, By Food and Beverages, 2021- 2031F |
6.2.4 Latvia Canthaxanthin Market Revenues & Volume, By Dietary Supplements, 2021- 2031F |
6.2.5 Latvia Canthaxanthin Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.2.6 Latvia Canthaxanthin Market Revenues & Volume, By Animal Feed, 2021- 2031F |
7 Latvia Canthaxanthin Market Import-Export Trade Statistics |
7.1 Latvia Canthaxanthin Market Export to Major Countries |
7.2 Latvia Canthaxanthin Market Imports from Major Countries |
8 Latvia Canthaxanthin Market Key Performance Indicators |
8.1 Number of new product launches containing canthaxanthin |
8.2 Research and development investment in canthaxanthin-based products |
8.3 Adoption rate of canthaxanthin in different industries |
8.4 Consumer perception and acceptance of canthaxanthin as a safe and effective ingredient |
9 Latvia Canthaxanthin Market - Opportunity Assessment |
9.1 Latvia Canthaxanthin Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Latvia Canthaxanthin Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Canthaxanthin Market - Competitive Landscape |
10.1 Latvia Canthaxanthin Market Revenue Share, By Companies, 2024 |
10.2 Latvia Canthaxanthin Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |