Latvia Steviol Glycoside Market (2025-2031) | Value, Share, Companies, Analysis, Segmentation, Forecast, Growth, Revenue, Size, Industry, Outlook & Trends
Market Forecast By Type (Stevioside), By End Use Industry (Beverage) And Competitive Landscape
| Product Code: ETC5322049 | 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 Steviol Glycoside Market Top 5 Importing Countries and Market Competition (HHI) Analysis
The import shipments of steviol glycoside to Latvia in 2024 saw a significant increase in concentration, with Italy, Lithuania, Germany, Poland, and Sweden emerging as the top exporting countries. The high Herfindahl-Hirschman Index (HHI) indicates a more concentrated market compared to the previous year. The impressive compound annual growth rate (CAGR) of 45.67% from 2020 to 2024, along with a remarkable growth rate of 73.47% from 2023 to 2024, demonstrates the growing demand and market dynamics for steviol glycoside in Latvia.
Steviol Glycoside Market: Latvia vs Top 5 Major Economies in 2027 (Europe)
The Steviol Glycoside market in Latvia is projected to grow at a stable growth rate of 1.33% 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.
Key Highlights of the Report:
- Latvia Steviol Glycoside Market Outlook
- Market Size of Latvia Steviol Glycoside Market, 2024
- Forecast of Latvia Steviol Glycoside Market, 2031
- Historical Data and Forecast of Latvia Steviol Glycoside Revenues & Volume for the Period 2021-2031
- Latvia Steviol Glycoside Market Trend Evolution
- Latvia Steviol Glycoside Market Drivers and Challenges
- Latvia Steviol Glycoside Price Trends
- Latvia Steviol Glycoside Porter`s Five Forces
- Latvia Steviol Glycoside Industry Life Cycle
- Historical Data and Forecast of Latvia Steviol Glycoside Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of Latvia Steviol Glycoside Market Revenues & Volume By Stevioside for the Period 2021-2031
- Historical Data and Forecast of Latvia Steviol Glycoside Market Revenues & Volume By End Use Industry for the Period 2021-2031
- Historical Data and Forecast of Latvia Steviol Glycoside Market Revenues & Volume By Beverage for the Period 2021-2031
- Latvia Steviol Glycoside Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By End Use Industry
- Latvia Steviol Glycoside Top Companies Market Share
- Latvia Steviol Glycoside Competitive Benchmarking By Technical and Operational Parameters
- Latvia Steviol Glycoside Company Profiles
- Latvia Steviol Glycoside Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Steviol Glycoside 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 Steviol Glycoside 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 Steviol Glycoside Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Steviol Glycoside Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Steviol Glycoside Market - Industry Life Cycle |
3.4 Latvia Steviol Glycoside Market - Porter's Five Forces |
3.5 Latvia Steviol Glycoside Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Steviol Glycoside Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Latvia Steviol Glycoside Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about health benefits of steviol glycosides |
4.2.2 Growing demand for natural sweeteners in the food and beverage industry |
4.2.3 Rising prevalence of diabetes and obesity, driving the demand for low-calorie sweeteners |
4.3 Market Restraints |
4.3.1 High production costs associated with steviol glycosides extraction and purification |
4.3.2 Regulatory challenges and uncertainties related to the approval of steviol glycosides in various applications |
5 Latvia Steviol Glycoside Market Trends |
6 Latvia Steviol Glycoside Market Segmentations |
6.1 Latvia Steviol Glycoside Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Steviol Glycoside Market Revenues & Volume, By Stevioside, 2021-2031F |
6.2 Latvia Steviol Glycoside Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Latvia Steviol Glycoside Market Revenues & Volume, By Beverage, 2021-2031F |
7 Latvia Steviol Glycoside Market Import-Export Trade Statistics |
7.1 Latvia Steviol Glycoside Market Export to Major Countries |
7.2 Latvia Steviol Glycoside Market Imports from Major Countries |
8 Latvia Steviol Glycoside Market Key Performance Indicators |
8.1 Consumer adoption rate of products sweetened with steviol glycosides |
8.2 Number of new product launches containing steviol glycosides |
8.3 Research and development investment in steviol glycosides technology and applications |
9 Latvia Steviol Glycoside Market - Opportunity Assessment |
9.1 Latvia Steviol Glycoside Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Steviol Glycoside Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Latvia Steviol Glycoside Market - Competitive Landscape |
10.1 Latvia Steviol Glycoside Market Revenue Share, By Companies, 2024 |
10.2 Latvia Steviol Glycoside Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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