| Product Code: ETC7914502 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s import of liquid flavors in 2024 saw significant growth, with top exporting countries being Netherlands, Metropolitan France, Lithuania, Germany, and the UK. The market concentration remained high in 2024, following a very high concentration in 2023. The impressive Compound Annual Growth Rate (CAGR) of 23.39% from 2020 to 2024 indicates a thriving market. Moreover, the remarkable growth rate of 69.84% from 2023 to 2024 highlights the increasing demand for liquid flavors in Latvia, showcasing a promising trend for the industry.

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 Liquid Flavors Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Liquid Flavors Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Liquid Flavors Market - Industry Life Cycle |
3.4 Latvia Liquid Flavors Market - Porter's Five Forces |
3.5 Latvia Liquid Flavors Market Revenues & Volume Share, By Products, 2021 & 2031F |
3.6 Latvia Liquid Flavors Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Liquid Flavors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for natural and organic liquid flavors |
4.2.2 Growing demand for innovative and unique flavor combinations in food and beverage products |
4.2.3 Rise in disposable income leading to higher spending on premium liquid flavors |
4.3 Market Restraints |
4.3.1 Stringent regulations and compliance requirements for liquid flavor ingredients |
4.3.2 Fluctuating prices of raw materials impacting production costs |
5 Latvia Liquid Flavors Market Trends |
6 Latvia Liquid Flavors Market, By Types |
6.1 Latvia Liquid Flavors Market, By Products |
6.1.1 Overview and Analysis |
6.1.2 Latvia Liquid Flavors Market Revenues & Volume, By Products, 2021- 2031F |
6.1.3 Latvia Liquid Flavors Market Revenues & Volume, By Organic Flavor Concentrates, 2021- 2031F |
6.1.4 Latvia Liquid Flavors Market Revenues & Volume, By Flavor Extracts, 2021- 2031F |
6.1.5 Latvia Liquid Flavors Market Revenues & Volume, By Artificial Flavor Liquids, 2021- 2031F |
6.2 Latvia Liquid Flavors Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Liquid Flavors Market Revenues & Volume, By Beverages, 2021- 2031F |
6.2.3 Latvia Liquid Flavors Market Revenues & Volume, By Bakery & Confectionery, 2021- 2031F |
6.2.4 Latvia Liquid Flavors Market Revenues & Volume, By Dairy & Frozen Foods, 2021- 2031F |
6.2.5 Latvia Liquid Flavors Market Revenues & Volume, By Processed Foods, 2021- 2031F |
6.2.6 Latvia Liquid Flavors Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Liquid Flavors Market Import-Export Trade Statistics |
7.1 Latvia Liquid Flavors Market Export to Major Countries |
7.2 Latvia Liquid Flavors Market Imports from Major Countries |
8 Latvia Liquid Flavors Market Key Performance Indicators |
8.1 Consumer engagement metrics such as social media mentions, likes, and shares for new liquid flavor launches |
8.2 Market penetration rate of liquid flavors in various food and beverage categories |
8.3 Rate of new product development and launches in the liquid flavors segment |
9 Latvia Liquid Flavors Market - Opportunity Assessment |
9.1 Latvia Liquid Flavors Market Opportunity Assessment, By Products, 2021 & 2031F |
9.2 Latvia Liquid Flavors Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Liquid Flavors Market - Competitive Landscape |
10.1 Latvia Liquid Flavors Market Revenue Share, By Companies, 2024 |
10.2 Latvia Liquid Flavors Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |