| Product Code: ETC5001253 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Latvia continues to see a surge in imported flavored syrups, with Metropolitan France, Poland, Estonia, Lithuania, and Germany leading the way in 2024. The market shows high concentration with a high Herfindahl-Hirschman Index (HHI), indicating strong competition among the top exporting countries. The impressive compound annual growth rate (CAGR) of 24.25% from 2020 to 2024 underscores the increasing demand for these products. Moreover, the notable growth rate of 40.16% from 2023 to 2024 suggests a rapid expansion in the market, making Latvia an attractive destination for flavored syrup exporters.

In the Europe region, the Flavored Syrups market in Latvia is projected to expand at a stable growth rate of 3.22% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

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 Flavored Syrups Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Flavored Syrups Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Flavored Syrups Market - Industry Life Cycle |
3.4 Latvia Flavored Syrups Market - Porter's Five Forces |
3.5 Latvia Flavored Syrups Market Revenues & Volume Share, By Flavor, 2021 & 2031F |
3.6 Latvia Flavored Syrups Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Flavored Syrups Market Revenues & Volume Share, By Flavor Type, 2021 & 2031F |
3.8 Latvia Flavored Syrups Market Revenues & Volume Share, By Product type, 2021 & 2031F |
4 Latvia Flavored Syrups Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for flavored beverages in Latvia |
4.2.2 Growing trend of using flavored syrups in cocktails and mocktails |
4.2.3 Rising popularity of flavored coffee and tea drinks |
4.3 Market Restraints |
4.3.1 Health concerns related to high sugar content in flavored syrups |
4.3.2 Competition from other beverage flavoring options such as powders and concentrates |
5 Latvia Flavored Syrups Market Trends |
6 Latvia Flavored Syrups Market Segmentations |
6.1 Latvia Flavored Syrups Market, By Flavor |
6.1.1 Overview and Analysis |
6.1.2 Latvia Flavored Syrups Market Revenues & Volume, By Fruit, 2021-2031F |
6.1.3 Latvia Flavored Syrups Market Revenues & Volume, By Chocolate, 2021-2031F |
6.1.4 Latvia Flavored Syrups Market Revenues & Volume, By Vanilla, 2021-2031F |
6.1.5 Latvia Flavored Syrups Market Revenues & Volume, By Coffee, 2021-2031F |
6.1.6 Latvia Flavored Syrups Market Revenues & Volume, By Herbs & Seasonings, 2021-2031F |
6.2 Latvia Flavored Syrups Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Flavored Syrups Market Revenues & Volume, By Beverages, 2021-2031F |
6.2.3 Latvia Flavored Syrups Market Revenues & Volume, By Diary & Frozen Desserts, 2021-2031F |
6.2.4 Latvia Flavored Syrups Market Revenues & Volume, By Confectionery, 2021-2031F |
6.2.5 Latvia Flavored Syrups Market Revenues & Volume, By Bakery, 2021-2031F |
6.3 Latvia Flavored Syrups Market, By Flavor Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Flavored Syrups Market Revenues & Volume, By Sweet, 2021-2031F |
6.3.3 Latvia Flavored Syrups Market Revenues & Volume, By Salty, 2021-2031F |
6.3.4 Latvia Flavored Syrups Market Revenues & Volume, By Sour, 2021-2031F |
6.3.5 Latvia Flavored Syrups Market Revenues & Volume, By Savory, 2021-2031F |
6.3.6 Latvia Flavored Syrups Market Revenues & Volume, By Mint, 2021-2031F |
6.4 Latvia Flavored Syrups Market, By Product type |
6.4.1 Overview and Analysis |
6.4.2 Latvia Flavored Syrups Market Revenues & Volume, By Natural, 2021-2031F |
6.4.3 Latvia Flavored Syrups Market Revenues & Volume, By Synthetic, 2021-2031F |
7 Latvia Flavored Syrups Market Import-Export Trade Statistics |
7.1 Latvia Flavored Syrups Market Export to Major Countries |
7.2 Latvia Flavored Syrups Market Imports from Major Countries |
8 Latvia Flavored Syrups Market Key Performance Indicators |
8.1 Number of new product launches in the flavored syrups market |
8.2 Consumer engagement on social media platforms for flavored syrups brands |
8.3 Number of partnerships with cafes, restaurants, and bars for flavored syrups distribution |
9 Latvia Flavored Syrups Market - Opportunity Assessment |
9.1 Latvia Flavored Syrups Market Opportunity Assessment, By Flavor, 2021 & 2031F |
9.2 Latvia Flavored Syrups Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Flavored Syrups Market Opportunity Assessment, By Flavor Type, 2021 & 2031F |
9.4 Latvia Flavored Syrups Market Opportunity Assessment, By Product type, 2021 & 2031F |
10 Latvia Flavored Syrups Market - Competitive Landscape |
10.1 Latvia Flavored Syrups Market Revenue Share, By Companies, 2024 |
10.2 Latvia Flavored Syrups Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |