| Product Code: ETC4844978 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s rice starch import market in 2024 saw significant diversification, with top exporters being Sweden, Poland, Austria, Denmark, and Germany. The shift from high to moderate concentration indicates a more balanced market landscape. The impressive CAGR of 28.43% from 2020 to 2024 highlights the growing demand for rice starch in Latvia. Furthermore, the growth rate of 23.17% from 2023 to 2024 suggests a sustained upward trajectory. Importers and stakeholders should closely monitor these trends for strategic decision-making in the competitive market environment.

The Rice Starch market in Latvia is projected to grow at a stable growth rate of 0.52% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Rice Starch Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Rice Starch Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Rice Starch Market - Industry Life Cycle |
3.4 Latvia Rice Starch Market - Porter's Five Forces |
3.5 Latvia Rice Starch Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Rice Starch Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Rice Starch Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for gluten-free products in the food industry, leading to a higher demand for rice starch. |
4.2.2 Growing awareness about the health benefits of rice starch as a natural thickening agent and ingredient in various food products. |
4.2.3 Expansion of the food processing industry in Latvia, driving the demand for rice starch as a key ingredient. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the production cost of rice starch. |
4.3.2 Limited availability of rice varieties suitable for starch extraction in Latvia, leading to dependency on imports. |
5 Latvia Rice Starch Market Trends |
6 Latvia Rice Starch Market Segmentations |
6.1 Latvia Rice Starch Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Rice Starch Market Revenues & Volume, By Native, 2021-2031F |
6.1.3 Latvia Rice Starch Market Revenues & Volume, By Modified, 2021-2031F |
6.1.4 Latvia Rice Starch Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Rice Starch Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Rice Starch Market Revenues & Volume, By Food and Beverages, 2021-2031F |
6.2.3 Latvia Rice Starch Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.4 Latvia Rice Starch Market Revenues & Volume, By Cosmetics and Personal Care, 2021-2031F |
6.2.5 Latvia Rice Starch Market Revenues & Volume, By Textiles, 2021-2031F |
6.2.6 Latvia Rice Starch Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Rice Starch Market Import-Export Trade Statistics |
7.1 Latvia Rice Starch Market Export to Major Countries |
7.2 Latvia Rice Starch Market Imports from Major Countries |
8 Latvia Rice Starch Market Key Performance Indicators |
8.1 Percentage growth in the number of food products using rice starch as an ingredient in Latvia. |
8.2 Average price stability of rice starch in the Latvian market. |
8.3 Adoption rate of rice starch-based products by consumers in Latvia. |
9 Latvia Rice Starch Market - Opportunity Assessment |
9.1 Latvia Rice Starch Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Rice Starch Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Rice Starch Market - Competitive Landscape |
10.1 Latvia Rice Starch Market Revenue Share, By Companies, 2024 |
10.2 Latvia Rice Starch Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |