| Product Code: ETC4706392 | 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 |
In 2024, Latvia saw a steady influx of dextrin imports primarily from Belgium, Sweden, Netherlands, Germany, and Lithuania. Despite moderate concentration levels measured by the Herfindahl-Hirschman Index (HHI), the industry demonstrated a strong Compound Annual Growth Rate (CAGR) of 15.11% from 2020 to 2024. However, there was a notable decline in growth from 2023 to 2024, with a negative growth rate of -30.88%. This shift indicates potential market fluctuations that importers and stakeholders should closely monitor for future strategic decisions.

The Dextrin market in Latvia is projected to grow at a stable growth rate of 2.73% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Dextrin Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Dextrin Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Dextrin Market - Industry Life Cycle |
3.4 Latvia Dextrin Market - Porter's Five Forces |
3.5 Latvia Dextrin Market Revenues & Volume Share, By Powder Form, 2021 & 2031F |
3.6 Latvia Dextrin Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Latvia Dextrin Market Revenues & Volume Share, By End-use Industries, 2021 & 2031F |
4 Latvia Dextrin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for convenience foods and beverages, where dextrin is used as a stabilizer, texturizer, or thickening agent. |
4.2.2 Growing awareness about the health benefits of dextrin, such as its ability to improve digestion and promote gut health. |
4.2.3 Rising trend of clean label and natural products, leading to a preference for dextrin derived from natural sources. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in dextrin production, impacting the overall production cost. |
4.3.2 Regulatory challenges related to labeling requirements and health claims associated with dextrin products. |
4.3.3 Competition from substitute products offering similar functionalities as dextrin. |
5 Latvia Dextrin Market Trends |
6 Latvia Dextrin Market Segmentations |
6.1 Latvia Dextrin Market, By Powder Form |
6.1.1 Overview and Analysis |
6.1.2 Latvia Dextrin Market Revenues & Volume, By Yellow, 2021-2031F |
6.1.3 Latvia Dextrin Market Revenues & Volume, By White, 2021-2031F |
6.1.4 Latvia Dextrin Market Revenues & Volume, By Brown, 2021-2031F |
6.2 Latvia Dextrin Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Dextrin Market Revenues & Volume, By Limit dextrin, 2021-2031F |
6.2.3 Latvia Dextrin Market Revenues & Volume, By Maltodextrin, 2021-2031F |
6.2.4 Latvia Dextrin Market Revenues & Volume, By Cyclodextrin, 2021-2031F |
6.2.5 Latvia Dextrin Market Revenues & Volume, By Amylodextrin, 2021-2031F |
6.3 Latvia Dextrin Market, By End-use Industries |
6.3.1 Overview and Analysis |
6.3.2 Latvia Dextrin Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.3.3 Latvia Dextrin Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.3.4 Latvia Dextrin Market Revenues & Volume, By Food, 2021-2031F |
6.3.5 Latvia Dextrin Market Revenues & Volume, By Paper, 2021-2031F |
7 Latvia Dextrin Market Import-Export Trade Statistics |
7.1 Latvia Dextrin Market Export to Major Countries |
7.2 Latvia Dextrin Market Imports from Major Countries |
8 Latvia Dextrin Market Key Performance Indicators |
8.1 Research and development investments in new dextrin formulations to cater to evolving consumer preferences. |
8.2 Number of new product launches containing dextrin in the Latvian market. |
8.3 Consumer surveys or feedback on the perceived benefits and acceptance of dextrin-enriched products. |
9 Latvia Dextrin Market - Opportunity Assessment |
9.1 Latvia Dextrin Market Opportunity Assessment, By Powder Form, 2021 & 2031F |
9.2 Latvia Dextrin Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Latvia Dextrin Market Opportunity Assessment, By End-use Industries, 2021 & 2031F |
10 Latvia Dextrin Market - Competitive Landscape |
10.1 Latvia Dextrin Market Revenue Share, By Companies, 2024 |
10.2 Latvia Dextrin 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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