| Product Code: ETC5001785 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
The gum arabic import market in Latvia continues to thrive in 2024, with top exporters including Metropolitan France, Lithuania, Italy, Ireland, and Germany. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive compound annual growth rate (CAGR) of 61.62% from 2020 to 2024 demonstrates significant expansion. Furthermore, the growth rate of 58.19% from 2023 to 2024 highlights sustained momentum in the industry. This data suggests a positive outlook for gum arabic import shipments in Latvia, with continued opportunities for growth and development.
The Gum Arabic market in Latvia is projected to grow at a high growth rate of 11.10% 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 Gum Arabic Market Overview | 
| 3.1 Latvia Country Macro Economic Indicators | 
| 3.2 Latvia Gum Arabic Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Latvia Gum Arabic Market - Industry Life Cycle | 
| 3.4 Latvia Gum Arabic Market - Porter's Five Forces | 
| 3.5 Latvia Gum Arabic Market Revenues & Volume Share, By Type, 2021 & 2031F | 
| 3.6 Latvia Gum Arabic Market Revenues & Volume Share, By Function, 2021 & 2031F | 
| 3.7 Latvia Gum Arabic Market Revenues & Volume Share, By Application, 2021 & 2031F | 
| 4 Latvia Gum Arabic Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Growing demand for natural and organic ingredients in the food and beverage industry | 
| 4.2.2 Increasing awareness about the health benefits of gum arabic as a dietary fiber and prebiotic | 
| 4.2.3 Rising usage of gum arabic in pharmaceuticals and cosmetics industries | 
| 4.3 Market Restraints | 
| 4.3.1 Fluctuating prices of gum arabic due to supply chain disruptions and geopolitical factors | 
| 4.3.2 Competition from alternative ingredients like guar gum and xanthan gum in various applications | 
| 4.3.3 Regulatory challenges related to the sourcing and sustainability of gum arabic | 
| 5 Latvia Gum Arabic Market Trends | 
| 6 Latvia Gum Arabic Market Segmentations | 
| 6.1 Latvia Gum Arabic Market, By Type | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Latvia Gum Arabic Market Revenues & Volume, By Senegalia, 2021-2031F | 
| 6.1.3 Latvia Gum Arabic Market Revenues & Volume, By Senegal, 2021-2031F | 
| 6.1.4 Latvia Gum Arabic Market Revenues & Volume, By Vachellia, 2021-2031F | 
| 6.1.5 Latvia Gum Arabic Market Revenues & Volume, By Seyal, 2021-2031F | 
| 6.2 Latvia Gum Arabic Market, By Function | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Latvia Gum Arabic Market Revenues & Volume, By Thickeners, 2021-2031F | 
| 6.2.3 Latvia Gum Arabic Market Revenues & Volume, By Stabilizers, 2021-2031F | 
| 6.2.4 Latvia Gum Arabic Market Revenues & Volume, By Gelling Agent, 2021-2031F | 
| 6.2.5 Latvia Gum Arabic Market Revenues & Volume, By others, 2021-2031F | 
| 6.3 Latvia Gum Arabic Market, By Application | 
| 6.3.1 Overview and Analysis | 
| 6.3.2 Latvia Gum Arabic Market Revenues & Volume, By Food & Beverages, 2021-2031F | 
| 6.3.3 Latvia Gum Arabic Market Revenues & Volume, By Pharmaceuticals & Nutraceuticals, 2021-2031F | 
| 6.3.4 Latvia Gum Arabic Market Revenues & Volume, By Personal Care, 2021-2031F | 
| 6.3.5 Latvia Gum Arabic Market Revenues & Volume, By others, 2021-2031F | 
| 7 Latvia Gum Arabic Market Import-Export Trade Statistics | 
| 7.1 Latvia Gum Arabic Market Export to Major Countries | 
| 7.2 Latvia Gum Arabic Market Imports from Major Countries | 
| 8 Latvia Gum Arabic Market Key Performance Indicators | 
| 8.1 Consumer awareness and perception of gum arabic as a healthy ingredient | 
| 8.2 Adoption rate of gum arabic in new product development across industries | 
| 8.3 Research and development investments in gum arabic applications and innovations | 
| 9 Latvia Gum Arabic Market - Opportunity Assessment | 
| 9.1 Latvia Gum Arabic Market Opportunity Assessment, By Type, 2021 & 2031F | 
| 9.2 Latvia Gum Arabic Market Opportunity Assessment, By Function, 2021 & 2031F | 
| 9.3 Latvia Gum Arabic Market Opportunity Assessment, By Application, 2021 & 2031F | 
| 10 Latvia Gum Arabic Market - Competitive Landscape | 
| 10.1 Latvia Gum Arabic Market Revenue Share, By Companies, 2024 | 
| 10.2 Latvia Gum Arabic Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 13 Disclaimer |