| Product Code: ETC12195637 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Latvia`s import shipments of food botanicals saw a shift in concentration from high to moderate, with top exporters being Ukraine, Russia, Poland, Egypt, and Albania. The negative CAGR and growth rate indicate a decline in the market, possibly influenced by various factors. It will be important to monitor future trends and developments in the food botanicals industry to understand the changing dynamics of import shipments to 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 Food Botanicals Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Food Botanicals Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Food Botanicals Market - Industry Life Cycle |
3.4 Latvia Food Botanicals Market - Porter's Five Forces |
3.5 Latvia Food Botanicals Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Food Botanicals Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Latvia Food Botanicals Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Food Botanicals Market Revenues & Volume Share, By Functionality, 2021 & 2031F |
3.9 Latvia Food Botanicals Market Revenues & Volume Share, By Processing Method, 2021 & 2031F |
4 Latvia Food Botanicals Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of botanical ingredients in food products |
4.2.2 Growing demand for organic and natural food products in Latvia |
4.2.3 Rising disposable incomes leading to higher spending on premium food botanicals |
4.3 Market Restraints |
4.3.1 Stringent regulations and certifications required for sourcing and using botanical ingredients in food products |
4.3.2 Limited availability of certain rare botanicals in the region |
4.3.3 Price volatility of botanical ingredients impacting production costs |
5 Latvia Food Botanicals Market Trends |
6 Latvia Food Botanicals Market, By Types |
6.1 Latvia Food Botanicals Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Food Botanicals Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Food Botanicals Market Revenues & Volume, By Herbs, 2021 - 2031F |
6.1.4 Latvia Food Botanicals Market Revenues & Volume, By Spices, 2021 - 2031F |
6.1.5 Latvia Food Botanicals Market Revenues & Volume, By Roots, 2021 - 2031F |
6.1.6 Latvia Food Botanicals Market Revenues & Volume, By Flowers, 2021 - 2031F |
6.2 Latvia Food Botanicals Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Latvia Food Botanicals Market Revenues & Volume, By Plants, 2021 - 2031F |
6.2.3 Latvia Food Botanicals Market Revenues & Volume, By Fruits, 2021 - 2031F |
6.2.4 Latvia Food Botanicals Market Revenues & Volume, By Leaves, 2021 - 2031F |
6.2.5 Latvia Food Botanicals Market Revenues & Volume, By Seeds, 2021 - 2031F |
6.3 Latvia Food Botanicals Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Food Botanicals Market Revenues & Volume, By Beverages, 2021 - 2031F |
6.3.3 Latvia Food Botanicals Market Revenues & Volume, By Bakery, 2021 - 2031F |
6.3.4 Latvia Food Botanicals Market Revenues & Volume, By Dairy, 2021 - 2031F |
6.3.5 Latvia Food Botanicals Market Revenues & Volume, By Confectionery, 2021 - 2031F |
6.4 Latvia Food Botanicals Market, By Functionality |
6.4.1 Overview and Analysis |
6.4.2 Latvia Food Botanicals Market Revenues & Volume, By Flavor Enhancement, 2021 - 2031F |
6.4.3 Latvia Food Botanicals Market Revenues & Volume, By Nutritional Benefits, 2021 - 2031F |
6.4.4 Latvia Food Botanicals Market Revenues & Volume, By Antioxidant Properties, 2021 - 2031F |
6.4.5 Latvia Food Botanicals Market Revenues & Volume, By Preservation, 2021 - 2031F |
6.5 Latvia Food Botanicals Market, By Processing Method |
6.5.1 Overview and Analysis |
6.5.2 Latvia Food Botanicals Market Revenues & Volume, By Extracted, 2021 - 2031F |
6.5.3 Latvia Food Botanicals Market Revenues & Volume, By Dried, 2021 - 2031F |
6.5.4 Latvia Food Botanicals Market Revenues & Volume, By Powdered, 2021 - 2031F |
6.5.5 Latvia Food Botanicals Market Revenues & Volume, By Essential Oil, 2021 - 2031F |
7 Latvia Food Botanicals Market Import-Export Trade Statistics |
7.1 Latvia Food Botanicals Market Export to Major Countries |
7.2 Latvia Food Botanicals Market Imports from Major Countries |
8 Latvia Food Botanicals Market Key Performance Indicators |
8.1 Consumer engagement with food botanicals through social media interactions and online searches |
8.2 Number of new product launches featuring botanical ingredients in the Latvian food market |
8.3 Growth in the number of partnerships between food manufacturers and botanical suppliers in Latvia |
9 Latvia Food Botanicals Market - Opportunity Assessment |
9.1 Latvia Food Botanicals Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Food Botanicals Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Latvia Food Botanicals Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Food Botanicals Market Opportunity Assessment, By Functionality, 2021 & 2031F |
9.5 Latvia Food Botanicals Market Opportunity Assessment, By Processing Method, 2021 & 2031F |
10 Latvia Food Botanicals Market - Competitive Landscape |
10.1 Latvia Food Botanicals Market Revenue Share, By Companies, 2024 |
10.2 Latvia Food Botanicals Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |