| Product Code: ETC12620917 | 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 | |
The import shipments of laminarin into Latvia in 2024 showed continued growth, with top exporting countries being Lithuania, China, Estonia, Netherlands, and Germany. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained high in 2024, indicating a competitive market landscape. The compound annual growth rate (CAGR) from 2020 to 2024 was steady at 1.21%, while the growth rate from 2023 to 2024 surged to an impressive 16.06%. This suggests a strong demand for laminarin imports in Latvia and potential opportunities for market expansion in the coming years.

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 Laminarin Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Laminarin Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Laminarin Market - Industry Life Cycle |
3.4 Latvia Laminarin Market - Porter's Five Forces |
3.5 Latvia Laminarin Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Latvia Laminarin Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Latvia Laminarin Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Laminarin Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.9 Latvia Laminarin Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Latvia Laminarin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of laminarin |
4.2.2 Growing demand for natural and organic ingredients in various industries, including cosmetics and pharmaceuticals |
4.2.3 Rising research and development activities to explore new applications of laminarin in different sectors |
4.3 Market Restraints |
4.3.1 Seasonal variations and environmental factors affecting laminarin production |
4.3.2 Regulatory challenges and compliance requirements related to the sourcing and processing of laminarin |
4.3.3 Competition from alternative ingredients or substitutes in the market |
5 Latvia Laminarin Market Trends |
6 Latvia Laminarin Market, By Types |
6.1 Latvia Laminarin Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Latvia Laminarin Market Revenues & Volume, By Source, 2021 - 2031F |
6.1.3 Latvia Laminarin Market Revenues & Volume, By Brown Algae, 2021 - 2031F |
6.1.4 Latvia Laminarin Market Revenues & Volume, By Green Algae, 2021 - 2031F |
6.1.5 Latvia Laminarin Market Revenues & Volume, By Red Algae, 2021 - 2031F |
6.1.6 Latvia Laminarin Market Revenues & Volume, By Synthetic, 2021 - 2031F |
6.1.7 Latvia Laminarin Market Revenues & Volume, By Seaweed Extract, 2021 - 2031F |
6.2 Latvia Laminarin Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Latvia Laminarin Market Revenues & Volume, By Powder, 2021 - 2031F |
6.2.3 Latvia Laminarin Market Revenues & Volume, By Liquid, 2021 - 2031F |
6.2.4 Latvia Laminarin Market Revenues & Volume, By Capsule, 2021 - 2031F |
6.2.5 Latvia Laminarin Market Revenues & Volume, By Gel, 2021 - 2031F |
6.2.6 Latvia Laminarin Market Revenues & Volume, By Tablets, 2021 - 2031F |
6.3 Latvia Laminarin Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Laminarin Market Revenues & Volume, By Dietary Supplements, 2021 - 2031F |
6.3.3 Latvia Laminarin Market Revenues & Volume, By Functional Foods, 2021 - 2031F |
6.3.4 Latvia Laminarin Market Revenues & Volume, By Pharmaceuticals, 2021 - 2031F |
6.3.5 Latvia Laminarin Market Revenues & Volume, By Cosmetics, 2021 - 2031F |
6.3.6 Latvia Laminarin Market Revenues & Volume, By Animal Feed, 2021 - 2031F |
6.4 Latvia Laminarin Market, By Function |
6.4.1 Overview and Analysis |
6.4.2 Latvia Laminarin Market Revenues & Volume, By Antioxidant, 2021 - 2031F |
6.4.3 Latvia Laminarin Market Revenues & Volume, By Immunomodulator, 2021 - 2031F |
6.4.4 Latvia Laminarin Market Revenues & Volume, By Prebiotic, 2021 - 2031F |
6.4.5 Latvia Laminarin Market Revenues & Volume, By Anti-Inflammatory, 2021 - 2031F |
6.4.6 Latvia Laminarin Market Revenues & Volume, By Antiviral, 2021 - 2031F |
6.5 Latvia Laminarin Market, By End-Use |
6.5.1 Overview and Analysis |
6.5.2 Latvia Laminarin Market Revenues & Volume, By Food & Beverages, 2021 - 2031F |
6.5.3 Latvia Laminarin Market Revenues & Volume, By Pharmaceuticals, 2021 - 2031F |
6.5.4 Latvia Laminarin Market Revenues & Volume, By Cosmetics, 2021 - 2031F |
6.5.5 Latvia Laminarin Market Revenues & Volume, By Personal Care, 2021 - 2031F |
6.5.6 Latvia Laminarin Market Revenues & Volume, By Agriculture, 2021 - 2031F |
7 Latvia Laminarin Market Import-Export Trade Statistics |
7.1 Latvia Laminarin Market Export to Major Countries |
7.2 Latvia Laminarin Market Imports from Major Countries |
8 Latvia Laminarin Market Key Performance Indicators |
8.1 Research investment in laminarin-related studies and applications |
8.2 Number of new product launches containing laminarin |
8.3 Participation and engagement in industry conferences and events related to laminarin |
9 Latvia Laminarin Market - Opportunity Assessment |
9.1 Latvia Laminarin Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Latvia Laminarin Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Latvia Laminarin Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Laminarin Market Opportunity Assessment, By Function, 2021 & 2031F |
9.5 Latvia Laminarin Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Latvia Laminarin Market - Competitive Landscape |
10.1 Latvia Laminarin Market Revenue Share, By Companies, 2024 |
10.2 Latvia Laminarin 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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