| Product Code: ETC12863413 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The ISO butyric acid import shipments to Latvia in 2024 continued to show a high level of market concentration, with the top exporting countries being Poland, Lithuania, Denmark, Spain, and Germany. The market concentration measured by the HHI index increased significantly from 2023 to 2024, indicating a very high level of concentration. Despite a relatively steady compound annual growth rate (CAGR) from 2020 to 2024 at 3.51%, there was a sharp decline in the growth rate from 2023 to 2024 at -43.34%, suggesting a potential shift or disruption in the market dynamics for ISO butyric acid imports in 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 ISO Butyric Acid Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia ISO Butyric Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia ISO Butyric Acid Market - Industry Life Cycle |
3.4 Latvia ISO Butyric Acid Market - Porter's Five Forces |
3.5 Latvia ISO Butyric Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Latvia ISO Butyric Acid Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Latvia ISO Butyric Acid Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Latvia ISO Butyric Acid Market Revenues & Volume Share, By Processing Method, 2021 & 2031F |
4 Latvia ISO Butyric Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for food preservatives and flavor enhancers |
4.2.2 Growing adoption of iso butyric acid in the pharmaceutical industry |
4.2.3 Rise in disposable income leading to higher consumption of processed food products |
4.3 Market Restraints |
4.3.1 Stringent regulations regarding the usage of food additives |
4.3.2 Fluctuating prices of raw materials impacting production costs |
5 Latvia ISO Butyric Acid Market Trends |
6 Latvia ISO Butyric Acid Market, By Types |
6.1 Latvia ISO Butyric Acid Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Latvia ISO Butyric Acid Market Revenues & Volume, By Application, 2021 - 2031F |
6.1.3 Latvia ISO Butyric Acid Market Revenues & Volume, By Plastics & Polymers, 2021 - 2031F |
6.1.4 Latvia ISO Butyric Acid Market Revenues & Volume, By Paints & Coatings, 2021 - 2031F |
6.1.5 Latvia ISO Butyric Acid Market Revenues & Volume, By Adhesives & Sealants, 2021 - 2031F |
6.1.6 Latvia ISO Butyric Acid Market Revenues & Volume, By Textiles, 2021 - 2031F |
6.2 Latvia ISO Butyric Acid Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia ISO Butyric Acid Market Revenues & Volume, By Purified Isophthalic Acid, 2021 - 2031F |
6.2.3 Latvia ISO Butyric Acid Market Revenues & Volume, By High Purity Isophthalic Acid, 2021 - 2031F |
6.3 Latvia ISO Butyric Acid Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia ISO Butyric Acid Market Revenues & Volume, By Chemical Industry, 2021 - 2031F |
6.3.3 Latvia ISO Butyric Acid Market Revenues & Volume, By Construction Industry, 2021 - 2031F |
6.3.4 Latvia ISO Butyric Acid Market Revenues & Volume, By Automotive Industry, 2021 - 2031F |
6.4 Latvia ISO Butyric Acid Market, By Processing Method |
6.4.1 Overview and Analysis |
6.4.2 Latvia ISO Butyric Acid Market Revenues & Volume, By Oxidation Process, 2021 - 2031F |
6.4.3 Latvia ISO Butyric Acid Market Revenues & Volume, By Catalytic Process, 2021 - 2031F |
7 Latvia ISO Butyric Acid Market Import-Export Trade Statistics |
7.1 Latvia ISO Butyric Acid Market Export to Major Countries |
7.2 Latvia ISO Butyric Acid Market Imports from Major Countries |
8 Latvia ISO Butyric Acid Market Key Performance Indicators |
8.1 Average selling price of iso butyric acid |
8.2 Number of new product developments incorporating iso butyric acid |
8.3 Percentage of market share held by iso butyric acid compared to other food additives |
8.4 Export volume of iso butyric acid from Latvia |
8.5 Number of partnerships or collaborations within the iso butyric acid industry |
9 Latvia ISO Butyric Acid Market - Opportunity Assessment |
9.1 Latvia ISO Butyric Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Latvia ISO Butyric Acid Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Latvia ISO Butyric Acid Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Latvia ISO Butyric Acid Market Opportunity Assessment, By Processing Method, 2021 & 2031F |
10 Latvia ISO Butyric Acid Market - Competitive Landscape |
10.1 Latvia ISO Butyric Acid Market Revenue Share, By Companies, 2024 |
10.2 Latvia ISO Butyric Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |