| Product Code: ETC7907103 | 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 |
Latvia`s cassia gum import market continues to thrive, with significant growth seen in 2024. The top exporting countries, including Lithuania, India, Poland, Germany, and Belgium, are major players driving this expansion. The market concentration, as measured by the HHI, has significantly increased from 2023 to 2024, indicating a more consolidated market landscape. With a healthy CAGR of 5.1% from 2020 to 2024 and a remarkable growth rate of 66.89% from 2023 to 2024, the future looks promising for the cassia gum import market 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 Cassia Gum Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Cassia Gum Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Cassia Gum Market - Industry Life Cycle |
3.4 Latvia Cassia Gum Market - Porter's Five Forces |
3.5 Latvia Cassia Gum Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Cassia Gum Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for natural and organic ingredients in the food and beverage industry |
4.2.2 Growing awareness about the health benefits of cassia gum as a food additive |
4.2.3 Expansion of the personal care and cosmetics industry in Latvia |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production costs |
4.3.2 Stringent regulations and quality standards in the food industry affecting market entry barriers |
5 Latvia Cassia Gum Market Trends |
6 Latvia Cassia Gum Market, By Types |
6.1 Latvia Cassia Gum Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Latvia Cassia Gum Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Latvia Cassia Gum Market Revenues & Volume, By Food & Beverage, 2021- 2031F |
6.1.4 Latvia Cassia Gum Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.1.5 Latvia Cassia Gum Market Revenues & Volume, By Animal Feed, 2021- 2031F |
6.1.6 Latvia Cassia Gum Market Revenues & Volume, By Personal care, 2021- 2031F |
6.1.7 Latvia Cassia Gum Market Revenues & Volume, By others, 2021- 2031F |
7 Latvia Cassia Gum Market Import-Export Trade Statistics |
7.1 Latvia Cassia Gum Market Export to Major Countries |
7.2 Latvia Cassia Gum Market Imports from Major Countries |
8 Latvia Cassia Gum Market Key Performance Indicators |
8.1 Number of new product launches containing cassia gum in the Latvian market |
8.2 Percentage increase in the use of cassia gum in food and beverage applications |
8.3 Growth in the number of partnerships between cassia gum suppliers and manufacturers in Latvia |
9 Latvia Cassia Gum Market - Opportunity Assessment |
9.1 Latvia Cassia Gum Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Cassia Gum Market - Competitive Landscape |
10.1 Latvia Cassia Gum Market Revenue Share, By Companies, 2024 |
10.2 Latvia Cassia Gum Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |