| Product Code: ETC7918797 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The import shipments of plant-derived sugar and synthetic sugar into Latvia experienced a significant surge in 2024, with top exporting countries being Lithuania, Denmark, Mauritius, Ukraine, and Poland. The market concentration, as measured by the HHI, reached very high levels in 2024, indicating intense competition among suppliers. The impressive compound annual growth rate (CAGR) of 39.03% from 2020 to 2024 underscores the growing demand for sugar in Latvia. Moreover, the remarkable growth rate of 151.21% from 2023 to 2024 suggests a rapid acceleration in import volumes, reflecting a dynamic market environment.
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 Plant Derived Sugar and Synthetic Sugar Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Plant Derived Sugar and Synthetic Sugar Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Plant Derived Sugar and Synthetic Sugar Market - Industry Life Cycle |
3.4 Latvia Plant Derived Sugar and Synthetic Sugar Market - Porter's Five Forces |
3.5 Latvia Plant Derived Sugar and Synthetic Sugar Market Revenues & Volume Share, By Sugar Type, 2021 & 2031F |
3.6 Latvia Plant Derived Sugar and Synthetic Sugar Market Revenues & Volume Share, By Powder, 2021 & 2031F |
3.7 Latvia Plant Derived Sugar and Synthetic Sugar Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Plant Derived Sugar and Synthetic Sugar Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer demand for natural sweeteners |
4.2.2 Growing awareness about health benefits of plant-derived sugars |
4.2.3 Government initiatives promoting the use of plant-derived sugars in food and beverages |
4.3 Market Restraints |
4.3.1 Competition from synthetic sugar manufacturers |
4.3.2 Fluctuating prices of raw materials for plant-derived sugars |
4.3.3 Regulatory challenges related to labeling and certification of plant-derived sugars |
5 Latvia Plant Derived Sugar and Synthetic Sugar Market Trends |
6 Latvia Plant Derived Sugar and Synthetic Sugar Market, By Types |
6.1 Latvia Plant Derived Sugar and Synthetic Sugar Market, By Sugar Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Plant Derived Sugar and Synthetic Sugar Market Revenues & Volume, By Sugar Type, 2021- 2031F |
6.1.3 Latvia Plant Derived Sugar and Synthetic Sugar Market Revenues & Volume, By Glucose, 2021- 2031F |
6.1.4 Latvia Plant Derived Sugar and Synthetic Sugar Market Revenues & Volume, By Fructose, 2021- 2031F |
6.1.5 Latvia Plant Derived Sugar and Synthetic Sugar Market Revenues & Volume, By Arabinose, 2021- 2031F |
6.1.6 Latvia Plant Derived Sugar and Synthetic Sugar Market Revenues & Volume, By Xylose, 2021- 2031F |
6.1.7 Latvia Plant Derived Sugar and Synthetic Sugar Market Revenues & Volume, By Fucose, 2021- 2031F |
6.1.8 Latvia Plant Derived Sugar and Synthetic Sugar Market Revenues & Volume, By Galactose, 2021- 2031F |
6.1.9 Latvia Plant Derived Sugar and Synthetic Sugar Market Revenues & Volume, By Rhamnose, 2021- 2031F |
6.1.10 Latvia Plant Derived Sugar and Synthetic Sugar Market Revenues & Volume, By Rhamnose, 2021- 2031F |
6.2 Latvia Plant Derived Sugar and Synthetic Sugar Market, By Powder |
6.2.1 Overview and Analysis |
6.2.2 Latvia Plant Derived Sugar and Synthetic Sugar Market Revenues & Volume, By Liquid, 2021- 2031F |
6.2.3 Latvia Plant Derived Sugar and Synthetic Sugar Market Revenues & Volume, By Crystals, 2021- 2031F |
6.3 Latvia Plant Derived Sugar and Synthetic Sugar Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Plant Derived Sugar and Synthetic Sugar Market Revenues & Volume, By Food, 2021- 2031F |
6.3.3 Latvia Plant Derived Sugar and Synthetic Sugar Market Revenues & Volume, By Bakery Goods, 2021- 2031F |
6.3.4 Latvia Plant Derived Sugar and Synthetic Sugar Market Revenues & Volume, By Sweet Spreads, 2021- 2031F |
6.3.5 Latvia Plant Derived Sugar and Synthetic Sugar Market Revenues & Volume, By Confectionery, 2021- 2031F |
6.3.6 Latvia Plant Derived Sugar and Synthetic Sugar Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.3.7 Latvia Plant Derived Sugar and Synthetic Sugar Market Revenues & Volume, By Personal Care, 2021- 2031F |
6.3.8 Latvia Plant Derived Sugar and Synthetic Sugar Market Revenues & Volume, By Animal Feed Industry, 2021- 2031F |
6.3.9 Latvia Plant Derived Sugar and Synthetic Sugar Market Revenues & Volume, By Animal Feed Industry, 2021- 2031F |
7 Latvia Plant Derived Sugar and Synthetic Sugar Market Import-Export Trade Statistics |
7.1 Latvia Plant Derived Sugar and Synthetic Sugar Market Export to Major Countries |
7.2 Latvia Plant Derived Sugar and Synthetic Sugar Market Imports from Major Countries |
8 Latvia Plant Derived Sugar and Synthetic Sugar Market Key Performance Indicators |
8.1 Consumer adoption rate of plant-derived sugars |
8.2 Number of new product launches using plant-derived sugars |
8.3 Investment in research and development for plant-derived sugar alternatives. |
9 Latvia Plant Derived Sugar and Synthetic Sugar Market - Opportunity Assessment |
9.1 Latvia Plant Derived Sugar and Synthetic Sugar Market Opportunity Assessment, By Sugar Type, 2021 & 2031F |
9.2 Latvia Plant Derived Sugar and Synthetic Sugar Market Opportunity Assessment, By Powder, 2021 & 2031F |
9.3 Latvia Plant Derived Sugar and Synthetic Sugar Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Plant Derived Sugar and Synthetic Sugar Market - Competitive Landscape |
10.1 Latvia Plant Derived Sugar and Synthetic Sugar Market Revenue Share, By Companies, 2024 |
10.2 Latvia Plant Derived Sugar and Synthetic Sugar Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |