| Product Code: ETC7907448 | 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 chicory extract import market saw a significant increase in concentration in 2024, with top exporters being Poland, Lithuania, China, Sweden, and Metropolitan France. The industry experienced strong growth with a CAGR of 11.19% from 2020 to 2024, and a notable growth rate of 12.19% from 2023 to 2024. This indicates a growing demand for chicory extract in Latvia, potentially driven by factors such as increasing consumer awareness of its health benefits or expanding applications in the food and beverage industry.

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 Chicory Extract Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Chicory Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Chicory Extract Market - Industry Life Cycle |
3.4 Latvia Chicory Extract Market - Porter's Five Forces |
3.5 Latvia Chicory Extract Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Latvia Chicory Extract Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Latvia Chicory Extract Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.8 Latvia Chicory Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Chicory Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Chicory Extract Market Trends |
6 Latvia Chicory Extract Market, By Types |
6.1 Latvia Chicory Extract Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Latvia Chicory Extract Market Revenues & Volume, By Grade, 2021- 2031F |
6.1.3 Latvia Chicory Extract Market Revenues & Volume, By Inulin, 2021- 2031F |
6.1.4 Latvia Chicory Extract Market Revenues & Volume, By Fructooligosaccharides (FOS), 2021- 2031F |
6.1.5 Latvia Chicory Extract Market Revenues & Volume, By Chicoric Acid, 2021- 2031F |
6.2 Latvia Chicory Extract Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Latvia Chicory Extract Market Revenues & Volume, By Powder, 2021- 2031F |
6.2.3 Latvia Chicory Extract Market Revenues & Volume, By Liquid, 2021- 2031F |
6.2.4 Latvia Chicory Extract Market Revenues & Volume, By Granulated, 2021- 2031F |
6.3 Latvia Chicory Extract Market, By Source |
6.3.1 Overview and Analysis |
6.3.2 Latvia Chicory Extract Market Revenues & Volume, By Root, 2021- 2031F |
6.3.3 Latvia Chicory Extract Market Revenues & Volume, By Leaves, 2021- 2031F |
6.4 Latvia Chicory Extract Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Chicory Extract Market Revenues & Volume, By Nutraceuticals & Pharmaceuticals, 2021- 2031F |
6.4.3 Latvia Chicory Extract Market Revenues & Volume, By Food & Beverages, 2021- 2031F |
6.4.4 Latvia Chicory Extract Market Revenues & Volume, By Cosmetics, 2021- 2031F |
6.4.5 Latvia Chicory Extract Market Revenues & Volume, By Animal Feed, 2021- 2031F |
7 Latvia Chicory Extract Market Import-Export Trade Statistics |
7.1 Latvia Chicory Extract Market Export to Major Countries |
7.2 Latvia Chicory Extract Market Imports from Major Countries |
8 Latvia Chicory Extract Market Key Performance Indicators |
9 Latvia Chicory Extract Market - Opportunity Assessment |
9.1 Latvia Chicory Extract Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Latvia Chicory Extract Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Latvia Chicory Extract Market Opportunity Assessment, By Source, 2021 & 2031F |
9.4 Latvia Chicory Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Chicory Extract Market - Competitive Landscape |
10.1 Latvia Chicory Extract Market Revenue Share, By Companies, 2024 |
10.2 Latvia Chicory Extract 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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