Product Code: ETC5002184 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
The Latvia Licorice Extract Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 1.37% in 2028, following an initial rate of 0.80%, before easing to 1.00% at the end of the period.
Latvia's Licorice Extract market is anticipated to experience a stable growth rate of 1.29% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.
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 Licorice Extract Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Licorice Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Licorice Extract Market - Industry Life Cycle |
3.4 Latvia Licorice Extract Market - Porter's Five Forces |
3.5 Latvia Licorice Extract Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Licorice Extract Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Latvia Licorice Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Licorice Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer awareness about the health benefits of licorice extract. |
4.2.2 Increasing demand for natural and organic ingredients in the food and beverage industry. |
4.2.3 Rising use of licorice extract in pharmaceutical and nutraceutical products. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting production costs. |
4.3.2 Stringent regulations and quality standards governing the production and use of licorice extract. |
4.3.3 Competition from substitute products in the market. |
5 Latvia Licorice Extract Market Trends |
6 Latvia Licorice Extract Market Segmentations |
6.1 Latvia Licorice Extract Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Licorice Extract Market Revenues & Volume, By Food Grade, 2021-2031F |
6.1.3 Latvia Licorice Extract Market Revenues & Volume, By Feed Grade, 2021-2031F |
6.1.4 Latvia Licorice Extract Market Revenues & Volume, By Pharmaceutical Grade, 2021-2031F |
6.2 Latvia Licorice Extract Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Latvia Licorice Extract Market Revenues & Volume, By Powder, 2021-2031F |
6.2.3 Latvia Licorice Extract Market Revenues & Volume, By Liquid, 2021-2031F |
6.2.4 Latvia Licorice Extract Market Revenues & Volume, By Block, 2021-2031F |
6.3 Latvia Licorice Extract Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Licorice Extract Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.3.3 Latvia Licorice Extract Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.3.4 Latvia Licorice Extract Market Revenues & Volume, By Tobacco, 2021-2031F |
6.3.5 Latvia Licorice Extract Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Licorice Extract Market Import-Export Trade Statistics |
7.1 Latvia Licorice Extract Market Export to Major Countries |
7.2 Latvia Licorice Extract Market Imports from Major Countries |
8 Latvia Licorice Extract Market Key Performance Indicators |
8.1 Percentage increase in the number of products containing licorice extract. |
8.2 Growth in the number of research studies highlighting the health benefits of licorice extract. |
8.3 Expansion of distribution channels for licorice extract products. |
9 Latvia Licorice Extract Market - Opportunity Assessment |
9.1 Latvia Licorice Extract Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Licorice Extract Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Latvia Licorice Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Licorice Extract Market - Competitive Landscape |
10.1 Latvia Licorice Extract Market Revenue Share, By Companies, 2024 |
10.2 Latvia Licorice Extract Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |