| Product Code: ETC7916339 | 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 natural flavors and fragrances import market saw significant growth in 2024, with top exporters like Netherlands, Metropolitan France, Lithuania, Germany, and the UK driving the industry forward. The market concentration remained high, indicating a competitive landscape. The impressive Compound Annual Growth Rate (CAGR) of 23.39% from 2020 to 2024 highlights the increasing demand for natural flavors and fragrances in Latvia. Moreover, the remarkable growth rate of 69.84% from 2023 to 2024 indicates a surge in import shipments, showcasing a thriving market for these products in the country.

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 Natural Flavors and Fragrances Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Natural Flavors and Fragrances Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Natural Flavors and Fragrances Market - Industry Life Cycle |
3.4 Latvia Natural Flavors and Fragrances Market - Porter's Five Forces |
3.5 Latvia Natural Flavors and Fragrances Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Natural Flavors and Fragrances Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Natural Flavors and Fragrances Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for natural and organic products |
4.2.2 Growing awareness about the potential health benefits of natural flavors and fragrances |
4.2.3 Rising demand for clean label products in the food and beverage industry |
4.3 Market Restraints |
4.3.1 High production costs associated with sourcing and processing natural ingredients |
4.3.2 Limited availability of certain natural flavor and fragrance ingredients |
4.3.3 Stringent regulations and certifications required for natural products |
5 Latvia Natural Flavors and Fragrances Market Trends |
6 Latvia Natural Flavors and Fragrances Market, By Types |
6.1 Latvia Natural Flavors and Fragrances Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Natural Flavors and Fragrances Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Latvia Natural Flavors and Fragrances Market Revenues & Volume, By Animal Natural Flavours And Fragrances, 2021- 2031F |
6.1.4 Latvia Natural Flavors and Fragrances Market Revenues & Volume, By Botanical Natural Flavours, 2021- 2031F |
6.1.5 Latvia Natural Flavors and Fragrances Market Revenues & Volume, By Fragrances, 2021- 2031F |
6.2 Latvia Natural Flavors and Fragrances Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Natural Flavors and Fragrances Market Revenues & Volume, By Food and Beverage, 2021- 2031F |
6.2.3 Latvia Natural Flavors and Fragrances Market Revenues & Volume, By Pharmaceutical, 2021- 2031F |
6.2.4 Latvia Natural Flavors and Fragrances Market Revenues & Volume, By Cosmetics, 2021- 2031F |
6.2.5 Latvia Natural Flavors and Fragrances Market Revenues & Volume, By Home and Health Care, 2021- 2031F |
6.2.6 Latvia Natural Flavors and Fragrances Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Natural Flavors and Fragrances Market Import-Export Trade Statistics |
7.1 Latvia Natural Flavors and Fragrances Market Export to Major Countries |
7.2 Latvia Natural Flavors and Fragrances Market Imports from Major Countries |
8 Latvia Natural Flavors and Fragrances Market Key Performance Indicators |
8.1 Number of new product launches featuring natural flavors and fragrances |
8.2 Sustainability practices adopted by companies in sourcing natural ingredients |
8.3 Consumer perception and feedback on the quality and authenticity of natural flavors and fragrances in products |
9 Latvia Natural Flavors and Fragrances Market - Opportunity Assessment |
9.1 Latvia Natural Flavors and Fragrances Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Natural Flavors and Fragrances Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Natural Flavors and Fragrances Market - Competitive Landscape |
10.1 Latvia Natural Flavors and Fragrances Market Revenue Share, By Companies, 2024 |
10.2 Latvia Natural Flavors and Fragrances Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |