| Product Code: ETC5813465 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s import shipments of glucose, dextrose, and maltodextrin in 2024 continued to be dominated by key exporters such as Germany, Lithuania, Belgium, Metropolitan France, and Turkey. Despite a decrease in the growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period 2020-2024 remained strong at 16.82%. The Herfindahl-Hirschman Index (HHI) indicated a shift from very high concentration in 2023 to high concentration in 2024, reflecting the competitive dynamics within the market. This data suggests a stable but competitive market for these products in Latvia.
dextrose
maltodextrin market
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 Glucose, Dextrose, , Maltodextrin Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Glucose, Dextrose, , Maltodextrin Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Glucose, Dextrose, , Maltodextrin Market - Industry Life Cycle |
3.4 Latvia Glucose, Dextrose, , Maltodextrin Market - Porter's Five Forces |
3.5 Latvia Glucose, Dextrose, , Maltodextrin Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Glucose, Dextrose, , Maltodextrin Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Glucose, Dextrose, , Maltodextrin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for natural sweeteners in the food and beverage industry |
4.2.2 Growing awareness about health benefits of low-calorie sweeteners |
4.2.3 Rising usage of glucose, dextrose, and maltodextrin in pharmaceuticals and personal care products |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like corn and wheat affecting production costs |
4.3.2 Stringent regulations regarding the use of artificial sweeteners in certain applications |
5 Latvia Glucose, Dextrose, , Maltodextrin Market Trends |
6 Latvia Glucose, Dextrose, , Maltodextrin Market Segmentations |
6.1 Latvia Glucose, Dextrose, , Maltodextrin Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Glucose, Dextrose, , Maltodextrin Market Revenues & Volume, By Glucose, 2021-2031F |
6.1.3 Latvia Glucose, Dextrose, , Maltodextrin Market Revenues & Volume, By Dextrose, 2021-2031F |
6.1.4 Latvia Glucose, Dextrose, , Maltodextrin Market Revenues & Volume, By Maltodextrin, 2021-2031F |
6.2 Latvia Glucose, Dextrose, , Maltodextrin Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Glucose, Dextrose, , Maltodextrin Market Revenues & Volume, By Food & Beverages Confectionery, 2021-2031F |
6.2.3 Latvia Glucose, Dextrose, , Maltodextrin Market Revenues & Volume, By Bakery, 2021-2031F |
6.2.4 Latvia Glucose, Dextrose, , Maltodextrin Market Revenues & Volume, By Dairy, 2021-2031F |
7 Latvia Glucose, Dextrose, , Maltodextrin Market Import-Export Trade Statistics |
7.1 Latvia Glucose, Dextrose, , Maltodextrin Market Export to Major Countries |
7.2 Latvia Glucose, Dextrose, , Maltodextrin Market Imports from Major Countries |
8 Latvia Glucose, Dextrose, , Maltodextrin Market Key Performance Indicators |
8.1 Consumer acceptance and preference for natural sweeteners |
8.2 Adoption rate of glucose, dextrose, and maltodextrin in new product formulations |
8.3 Research and development investments in innovative applications for these ingredients |
9 Latvia Glucose, Dextrose, , Maltodextrin Market - Opportunity Assessment |
9.1 Latvia Glucose, Dextrose, , Maltodextrin Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Glucose, Dextrose, , Maltodextrin Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Glucose, Dextrose, , Maltodextrin Market - Competitive Landscape |
10.1 Latvia Glucose, Dextrose, , Maltodextrin Market Revenue Share, By Companies, 2024 |
10.2 Latvia Glucose, Dextrose, , Maltodextrin 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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