| Product Code: ETC5799899 | 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`s import shipments of savory ingredients in 2024 saw significant contributions from neighboring countries Estonia, Lithuania, and Poland, as well as Germany and Sweden. The market remained relatively competitive with low concentration levels measured by the Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was a robust 11.6%, indicating a healthy market expansion. Furthermore, the growth rate from 2023 to 2024 stood at 10.69%, showcasing continued momentum in the import of savory ingredients into 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 Savory Ingredients Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Savory Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Savory Ingredients Market - Industry Life Cycle |
3.4 Latvia Savory Ingredients Market - Porter's Five Forces |
3.5 Latvia Savory Ingredients Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Savory Ingredients Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Latvia Savory Ingredients Market Revenues & Volume Share, By Origin, 2021 & 2031F |
4 Latvia Savory Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer demand for convenience foods |
4.2.2 Growing awareness about health and wellness leading to demand for natural and clean label savory ingredients |
4.2.3 Expansion of food processing industry in Latvia |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Stringent regulations related to food safety and labeling |
4.3.3 Competition from substitute products in the market |
5 Latvia Savory Ingredients Market Trends |
6 Latvia Savory Ingredients Market Segmentations |
6.1 Latvia Savory Ingredients Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Savory Ingredients Market Revenues & Volume, By Monosodium Glutamate, 2021-2031F |
6.1.3 Latvia Savory Ingredients Market Revenues & Volume, By Yeast Extracts, 2021-2031F |
6.1.4 Latvia Savory Ingredients Market Revenues & Volume, By HVPs, 2021-2031F |
6.1.5 Latvia Savory Ingredients Market Revenues & Volume, By HAPs, 2021-2031F |
6.1.6 Latvia Savory Ingredients Market Revenues & Volume, By Nucleotides, 2021-2031F |
6.1.7 Latvia Savory Ingredients Market Revenues & Volume, By Other Types, 2021-2031F |
6.2 Latvia Savory Ingredients Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Latvia Savory Ingredients Market Revenues & Volume, By Powder, 2021-2031F |
6.2.3 Latvia Savory Ingredients Market Revenues & Volume, By Liquid, 2021-2031F |
6.2.4 Latvia Savory Ingredients Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Savory Ingredients Market, By Origin |
6.3.1 Overview and Analysis |
6.3.2 Latvia Savory Ingredients Market Revenues & Volume, By Natural , 2021-2031F |
6.3.3 Latvia Savory Ingredients Market Revenues & Volume, By Synthetic, 2021-2031F |
7 Latvia Savory Ingredients Market Import-Export Trade Statistics |
7.1 Latvia Savory Ingredients Market Export to Major Countries |
7.2 Latvia Savory Ingredients Market Imports from Major Countries |
8 Latvia Savory Ingredients Market Key Performance Indicators |
8.1 Consumer demand for natural and clean label savory ingredients |
8.2 Number of new product launches incorporating savory ingredients |
8.3 Investment in research and development for innovative savory ingredient solutions |
8.4 Adoption rate of savory ingredients by food processing companies |
8.5 Consumer satisfaction levels with products containing savory ingredients |
9 Latvia Savory Ingredients Market - Opportunity Assessment |
9.1 Latvia Savory Ingredients Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Savory Ingredients Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Latvia Savory Ingredients Market Opportunity Assessment, By Origin, 2021 & 2031F |
10 Latvia Savory Ingredients Market - Competitive Landscape |
10.1 Latvia Savory Ingredients Market Revenue Share, By Companies, 2024 |
10.2 Latvia Savory Ingredients Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |