| Product Code: ETC5001120 | 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`s carob gum import market witnessed significant growth in 2024, with top exporting countries being Lithuania, India, Poland, Germany, and Belgium. The market concentration, as measured by the HHI, increased from high to very high in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 5.1%, while the growth rate from 2023 to 2024 surged impressively by 66.89%. These trends indicate a robust and rapidly expanding carob gum import market in Latvia, with strong contributions from key exporting nations.

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 Carob Gum Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Carob Gum Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Carob Gum Market - Industry Life Cycle |
3.4 Latvia Carob Gum Market - Porter's Five Forces |
3.5 Latvia Carob Gum Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Latvia Carob Gum Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.7 Latvia Carob Gum Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.8 Latvia Carob Gum Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.9 Latvia Carob Gum Market Revenues & Volume Share, By Grade, 2021 & 2031F |
4 Latvia Carob Gum Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer demand for natural and clean label ingredients in food products |
4.2.2 Growing awareness about the health benefits of carob gum as a plant-based alternative to traditional thickeners and stabilizers in the food industry |
4.2.3 Rising preference for gluten-free and vegan food products among consumers in Latvia |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in carob gum production |
4.3.2 Regulatory challenges related to food safety standards and labeling requirements |
4.3.3 Limited availability of carob gum suppliers in the region |
5 Latvia Carob Gum Market Trends |
6 Latvia Carob Gum Market Segmentations |
6.1 Latvia Carob Gum Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Latvia Carob Gum Market Revenues & Volume, By Thickening Agent, 2021-2031F |
6.1.3 Latvia Carob Gum Market Revenues & Volume, By Gelling Agent, 2021-2031F |
6.1.4 Latvia Carob Gum Market Revenues & Volume, By Stabilizing Agent, 2021-2031F |
6.1.5 Latvia Carob Gum Market Revenues & Volume, By Emulsifier, 2021-2031F |
6.1.6 Latvia Carob Gum Market Revenues & Volume, By Finishing & Texturing Agent, 2021-2031F |
6.2 Latvia Carob Gum Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Latvia Carob Gum Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.2.3 Latvia Carob Gum Market Revenues & Volume, By Textiles, 2021-2031F |
6.2.4 Latvia Carob Gum Market Revenues & Volume, By Energy & Mining, 2021-2031F |
6.2.5 Latvia Carob Gum Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.6 Latvia Carob Gum Market Revenues & Volume, By Personal Care And Cosmetics, 2021-2031F |
6.3 Latvia Carob Gum Market, By Nature |
6.3.1 Overview and Analysis |
6.3.2 Latvia Carob Gum Market Revenues & Volume, By Organic, 2021-2031F |
6.3.3 Latvia Carob Gum Market Revenues & Volume, By Conventional, 2021-2031F |
6.4 Latvia Carob Gum Market, By Form |
6.4.1 Overview and Analysis |
6.4.2 Latvia Carob Gum Market Revenues & Volume, By Powder, 2021-2031F |
6.4.3 Latvia Carob Gum Market Revenues & Volume, By Gel, 2021-2031F |
6.5 Latvia Carob Gum Market, By Grade |
6.5.1 Overview and Analysis |
6.5.2 Latvia Carob Gum Market Revenues & Volume, By Industrial Grade, 2021-2031F |
6.5.3 Latvia Carob Gum Market Revenues & Volume, By Food Grade, 2021-2031F |
7 Latvia Carob Gum Market Import-Export Trade Statistics |
7.1 Latvia Carob Gum Market Export to Major Countries |
7.2 Latvia Carob Gum Market Imports from Major Countries |
8 Latvia Carob Gum Market Key Performance Indicators |
8.1 Percentage growth in the number of food products containing carob gum in the Latvian market |
8.2 Number of new product launches featuring carob gum as a key ingredient |
8.3 Customer satisfaction scores related to the quality and performance of carob gum in food products |
9 Latvia Carob Gum Market - Opportunity Assessment |
9.1 Latvia Carob Gum Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Latvia Carob Gum Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.3 Latvia Carob Gum Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.4 Latvia Carob Gum Market Opportunity Assessment, By Form, 2021 & 2031F |
9.5 Latvia Carob Gum Market Opportunity Assessment, By Grade, 2021 & 2031F |
10 Latvia Carob Gum Market - Competitive Landscape |
10.1 Latvia Carob Gum Market Revenue Share, By Companies, 2024 |
10.2 Latvia Carob Gum Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |