Latvia Organic Acids Market (2025-2031) | Companies, Revenue, Analysis, Outlook, Industry, Share, Growth, Segmentation, Value, Size, Trends & Forecast

Market Forecast By Type (Acetic Acid, Citric Acid, Formic Acid, Lactic Acid, Itaconic Acid, Succinic Acid, Gluconic Acid, Others), By Sources (Biomass, Molasses, Starch, Chemical Synthesis, Argo-Industrial Residue), By End-user (Food & Beverage, Animal Feed, Chemical & Industrial, Pharmaceuticals, Personal Care, Agriculture, Others) And Competitive Landscape
Product Code: ETC5365939 Publication Date: Nov 2023 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Latvia Organic Acids Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Latvia saw a steady flow of organic acids imports, with top exporting countries being Netherlands, Lithuania, China, Belgium, and Germany. Despite a high concentration level indicated by the HHI, the market experienced a negative compound annual growth rate (CAGR) of -6.43% from 2020 to 2024. However, there was a slight improvement in growth from 2023 to 2024, with a growth rate of 3.51%. This data suggests a challenging market environment but also hints at potential opportunities for growth and diversification in the organic acids import market in Latvia.

Latvia Organic Acids Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Organic Acids Market: Latvia vs Top 5 Major Economies in 2027 (Europe)


In the Europe region, the Organic Acids market in Latvia is projected to expand at a stable growth rate of 2.62% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

Organic Acids Market: Latvia vs Top 5 Major Economies in 2027 (Europe)

Key Highlights of the Report:

  • Latvia Organic Acids Market Outlook
  • Market Size of Latvia Organic Acids Market, 2024
  • Forecast of Latvia Organic Acids Market, 2031
  • Historical Data and Forecast of Latvia Organic Acids Revenues & Volume for the Period 2021-2031
  • Latvia Organic Acids Market Trend Evolution
  • Latvia Organic Acids Market Drivers and Challenges
  • Latvia Organic Acids Price Trends
  • Latvia Organic Acids Porter`s Five Forces
  • Latvia Organic Acids Industry Life Cycle
  • Historical Data and Forecast of Latvia Organic Acids Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Organic Acids Market Revenues & Volume By Acetic Acid for the Period 2021-2031
  • Historical Data and Forecast of Latvia Organic Acids Market Revenues & Volume By Citric Acid for the Period 2021-2031
  • Historical Data and Forecast of Latvia Organic Acids Market Revenues & Volume By Formic Acid for the Period 2021-2031
  • Historical Data and Forecast of Latvia Organic Acids Market Revenues & Volume By Lactic Acid for the Period 2021-2031
  • Historical Data and Forecast of Latvia Organic Acids Market Revenues & Volume By Itaconic Acid for the Period 2021-2031
  • Historical Data and Forecast of Latvia Organic Acids Market Revenues & Volume By Succinic Acid for the Period 2021-2031
  • Historical Data and Forecast of Latvia Organic Acids Market Revenues & Volume By Gluconic Acid for the Period 2021-2031
  • Historical Data and Forecast of Latvia Acetic Acid Organic Acids Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Latvia Organic Acids Market Revenues & Volume By Sources for the Period 2021-2031
  • Historical Data and Forecast of Latvia Organic Acids Market Revenues & Volume By Biomass for the Period 2021-2031
  • Historical Data and Forecast of Latvia Organic Acids Market Revenues & Volume By Molasses for the Period 2021-2031
  • Historical Data and Forecast of Latvia Organic Acids Market Revenues & Volume By Starch for the Period 2021-2031
  • Historical Data and Forecast of Latvia Organic Acids Market Revenues & Volume By Chemical Synthesis for the Period 2021-2031
  • Historical Data and Forecast of Latvia Organic Acids Market Revenues & Volume By Argo-Industrial Residue for the Period 2021-2031
  • Historical Data and Forecast of Latvia Organic Acids Market Revenues & Volume By End-user for the Period 2021-2031
  • Historical Data and Forecast of Latvia Organic Acids Market Revenues & Volume By Food & Beverage for the Period 2021-2031
  • Historical Data and Forecast of Latvia Organic Acids Market Revenues & Volume By Animal Feed for the Period 2021-2031
  • Historical Data and Forecast of Latvia Organic Acids Market Revenues & Volume By Chemical & Industrial for the Period 2021-2031
  • Historical Data and Forecast of Latvia Organic Acids Market Revenues & Volume By Pharmaceuticals for the Period 2021-2031
  • Historical Data and Forecast of Latvia Organic Acids Market Revenues & Volume By Personal Care for the Period 2021-2031
  • Historical Data and Forecast of Latvia Organic Acids Market Revenues & Volume By Agriculture for the Period 2021-2031
  • Historical Data and Forecast of Latvia Organic Acids Market Revenues & Volume By Others for the Period 2021-2031
  • Latvia Organic Acids Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Sources
  • Market Opportunity Assessment By End-user
  • Latvia Organic Acids Top Companies Market Share
  • Latvia Organic Acids Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Organic Acids Company Profiles
  • Latvia Organic Acids Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Organic Acids Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Organic Acids Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Organic Acids Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Organic Acids Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Organic Acids Market - Industry Life Cycle

3.4 Latvia Organic Acids Market - Porter's Five Forces

3.5 Latvia Organic Acids Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Latvia Organic Acids Market Revenues & Volume Share, By Sources, 2021 & 2031F

3.7 Latvia Organic Acids Market Revenues & Volume Share, By End-user, 2021 & 2031F

4 Latvia Organic Acids Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing consumer awareness towards health and wellness, driving demand for organic acids in Latvia

4.2.2 Growing trend of clean label products and natural ingredients in the food and beverage industry

4.2.3 Rising focus on sustainable and environmentally friendly practices in manufacturing processes

4.3 Market Restraints

4.3.1 High production costs associated with organic acids production, impacting pricing and market competitiveness

4.3.2 Limited availability of raw materials for organic acids production in Latvia

4.3.3 Stringent regulatory requirements and certifications for organic acids production and marketing

5 Latvia Organic Acids Market Trends

6 Latvia Organic Acids Market Segmentations

6.1 Latvia Organic Acids Market, By Type

6.1.1 Overview and Analysis

6.1.2 Latvia Organic Acids Market Revenues & Volume, By Acetic Acid, 2021-2031F

6.1.3 Latvia Organic Acids Market Revenues & Volume, By Citric Acid, 2021-2031F

6.1.4 Latvia Organic Acids Market Revenues & Volume, By Formic Acid, 2021-2031F

6.1.5 Latvia Organic Acids Market Revenues & Volume, By Lactic Acid, 2021-2031F

6.1.6 Latvia Organic Acids Market Revenues & Volume, By Itaconic Acid, 2021-2031F

6.1.7 Latvia Organic Acids Market Revenues & Volume, By Succinic Acid, 2021-2031F

6.1.9 Latvia Organic Acids Market Revenues & Volume, By Others, 2021-2031F

6.1.10 Latvia Organic Acids Market Revenues & Volume, By Others, 2021-2031F

6.2 Latvia Organic Acids Market, By Sources

6.2.1 Overview and Analysis

6.2.2 Latvia Organic Acids Market Revenues & Volume, By Biomass, 2021-2031F

6.2.3 Latvia Organic Acids Market Revenues & Volume, By Molasses, 2021-2031F

6.2.4 Latvia Organic Acids Market Revenues & Volume, By Starch, 2021-2031F

6.2.5 Latvia Organic Acids Market Revenues & Volume, By Chemical Synthesis, 2021-2031F

6.2.6 Latvia Organic Acids Market Revenues & Volume, By Argo-Industrial Residue, 2021-2031F

6.3 Latvia Organic Acids Market, By End-user

6.3.1 Overview and Analysis

6.3.2 Latvia Organic Acids Market Revenues & Volume, By Food & Beverage, 2021-2031F

6.3.3 Latvia Organic Acids Market Revenues & Volume, By Animal Feed, 2021-2031F

6.3.4 Latvia Organic Acids Market Revenues & Volume, By Chemical & Industrial, 2021-2031F

6.3.5 Latvia Organic Acids Market Revenues & Volume, By Pharmaceuticals, 2021-2031F

6.3.6 Latvia Organic Acids Market Revenues & Volume, By Personal Care, 2021-2031F

6.3.7 Latvia Organic Acids Market Revenues & Volume, By Agriculture, 2021-2031F

7 Latvia Organic Acids Market Import-Export Trade Statistics

7.1 Latvia Organic Acids Market Export to Major Countries

7.2 Latvia Organic Acids Market Imports from Major Countries

8 Latvia Organic Acids Market Key Performance Indicators

8.1 Percentage increase in the number of organic acid product launches in the Latvian market

8.2 Growth in the number of organic acids manufacturers and suppliers in Latvia

8.3 Adoption rate of organic acids by key industries such as food and beverage, pharmaceuticals, and agriculture

8.4 Percentage of organic acids produced using sustainable and eco-friendly practices

8.5 Investment in research and development for new organic acid applications and technologies

9 Latvia Organic Acids Market - Opportunity Assessment

9.1 Latvia Organic Acids Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Latvia Organic Acids Market Opportunity Assessment, By Sources, 2021 & 2031F

9.3 Latvia Organic Acids Market Opportunity Assessment, By End-user, 2021 & 2031F

10 Latvia Organic Acids Market - Competitive Landscape

10.1 Latvia Organic Acids Market Revenue Share, By Companies, 2024

10.2 Latvia Organic Acids Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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