| Product Code: ETC13064821 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
The import shipments of papain powder to Latvia in 2024 saw a significant increase in concentration, with Denmark, Lithuania, Germany, Italy, and Poland emerging as the top exporting countries. The market witnessed a high Herfindahl-Hirschman Index (HHI) in 2023, which escalated to a very high concentration in 2024. The impressive compound annual growth rate (CAGR) of 18.29% from 2020 to 2024 reflects the robust expansion of the market. Moreover, the growth rate of 8.28% from 2023 to 2024 indicates sustained momentum in the import of papain powder to Latvia.
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 Papain Powder Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Papain Powder Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Papain Powder Market - Industry Life Cycle |
3.4 Latvia Papain Powder Market - Porter's Five Forces |
3.5 Latvia Papain Powder Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Papain Powder Market Revenues & Volume Share, By Purity Level, 2021 & 2031F |
3.7 Latvia Papain Powder Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Papain Powder Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Papain Powder Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health benefits of papain powder |
4.2.2 Growing demand for natural and organic ingredients in food and pharmaceutical industries |
4.2.3 Rising prevalence of digestive disorders and the use of papain powder as a digestive aid |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Regulatory challenges related to the usage of papain powder in different applications |
4.3.3 Competition from alternative ingredients or substitutes |
5 Latvia Papain Powder Market Trends |
6 Latvia Papain Powder Market, By Types |
6.1 Latvia Papain Powder Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Papain Powder Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Papain Powder Market Revenues & Volume, By Crude Papain Powder, 2021 - 2031F |
6.1.4 Latvia Papain Powder Market Revenues & Volume, By Refined Papain Powder, 2021 - 2031F |
6.1.5 Latvia Papain Powder Market Revenues & Volume, By High-Purity Papain Powder, 2021 - 2031F |
6.1.6 Latvia Papain Powder Market Revenues & Volume, By Industrial-Grade Papain Powder, 2021 - 2031F |
6.2 Latvia Papain Powder Market, By Purity Level |
6.2.1 Overview and Analysis |
6.2.2 Latvia Papain Powder Market Revenues & Volume, By 60-80%, 2021 - 2031F |
6.2.3 Latvia Papain Powder Market Revenues & Volume, By 80-95%, 2021 - 2031F |
6.2.4 Latvia Papain Powder Market Revenues & Volume, By 95%+, 2021 - 2031F |
6.2.5 Latvia Papain Powder Market Revenues & Volume, By Variable, 2021 - 2031F |
6.3 Latvia Papain Powder Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Papain Powder Market Revenues & Volume, By Food Processing, 2021 - 2031F |
6.3.3 Latvia Papain Powder Market Revenues & Volume, By Pharmaceuticals, 2021 - 2031F |
6.3.4 Latvia Papain Powder Market Revenues & Volume, By Cosmetics, 2021 - 2031F |
6.3.5 Latvia Papain Powder Market Revenues & Volume, By Leather Processing, 2021 - 2031F |
6.4 Latvia Papain Powder Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Latvia Papain Powder Market Revenues & Volume, By Direct Sales, 2021 - 2031F |
6.4.3 Latvia Papain Powder Market Revenues & Volume, By Online Retail, 2021 - 2031F |
6.4.4 Latvia Papain Powder Market Revenues & Volume, By Specialty Stores, 2021 - 2031F |
6.4.5 Latvia Papain Powder Market Revenues & Volume, By Distributors, 2021 - 2031F |
7 Latvia Papain Powder Market Import-Export Trade Statistics |
7.1 Latvia Papain Powder Market Export to Major Countries |
7.2 Latvia Papain Powder Market Imports from Major Countries |
8 Latvia Papain Powder Market Key Performance Indicators |
8.1 Percentage increase in the adoption of papain powder in new product formulations |
8.2 Number of research studies highlighting the efficacy of papain powder in various applications |
8.3 Growth in the number of partnerships or collaborations between papain powder manufacturers and key industry players |
9 Latvia Papain Powder Market - Opportunity Assessment |
9.1 Latvia Papain Powder Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Papain Powder Market Opportunity Assessment, By Purity Level, 2021 & 2031F |
9.3 Latvia Papain Powder Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Papain Powder Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Papain Powder Market - Competitive Landscape |
10.1 Latvia Papain Powder Market Revenue Share, By Companies, 2024 |
10.2 Latvia Papain Powder Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |