| Product Code: ETC5330295 | 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 |
The vitamin C ingredients import market in Latvia experienced significant growth in 2024, with the top exporting countries being the Netherlands, Estonia, Lithuania, Sweden, and China. The market concentration, as measured by the HHI, decreased from moderate to low in 2024, indicating a more competitive landscape. The impressive CAGR of 26.42% from 2020 to 2024 and a growth rate of 35.55% from 2023 to 2024 highlight the increasing demand for these ingredients in Latvia, possibly driven by a growing focus on health and wellness among consumers.

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 Vitamin C Ingredients Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Vitamin C Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Vitamin C Ingredients Market - Industry Life Cycle |
3.4 Latvia Vitamin C Ingredients Market - Porter's Five Forces |
3.5 Latvia Vitamin C Ingredients Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Vitamin C Ingredients Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Latvia Vitamin C Ingredients Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.8 Latvia Vitamin C Ingredients Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.9 Latvia Vitamin C Ingredients Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Latvia Vitamin C Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of Vitamin C |
4.2.2 Growing demand for natural and organic ingredients in the beauty and personal care industry |
4.2.3 Rise in the prevalence of lifestyle diseases and emphasis on preventive healthcare |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials affecting production costs |
4.3.2 Stringent regulations and standards for ingredient sourcing and manufacturing processes |
4.3.3 Competition from substitute products like synthetic Vitamin C ingredients |
5 Latvia Vitamin C Ingredients Market Trends |
6 Latvia Vitamin C Ingredients Market Segmentations |
6.1 Latvia Vitamin C Ingredients Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Vitamin C Ingredients Market Revenues & Volume, By Ascorbic Acid, 2021-2031F |
6.1.3 Latvia Vitamin C Ingredients Market Revenues & Volume, By Sodium Ascorbate, 2021-2031F |
6.1.4 Latvia Vitamin C Ingredients Market Revenues & Volume, By Calcium Ascorbate, 2021-2031F |
6.1.5 Latvia Vitamin C Ingredients Market Revenues & Volume, By Coated Vitamin C, 2021-2031F |
6.1.6 Latvia Vitamin C Ingredients Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Vitamin C Ingredients Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Latvia Vitamin C Ingredients Market Revenues & Volume, By Powder, 2021-2031F |
6.2.3 Latvia Vitamin C Ingredients Market Revenues & Volume, By Granules, 2021-2031F |
6.2.4 Latvia Vitamin C Ingredients Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Vitamin C Ingredients Market, By Source |
6.3.1 Overview and Analysis |
6.3.2 Latvia Vitamin C Ingredients Market Revenues & Volume, By Natural, 2021-2031F |
6.3.3 Latvia Vitamin C Ingredients Market Revenues & Volume, By Synthetic, 2021-2031F |
6.4 Latvia Vitamin C Ingredients Market, By Process |
6.4.1 Overview and Analysis |
6.4.2 Latvia Vitamin C Ingredients Market Revenues & Volume, By Reichstein Process, 2021-2031F |
6.4.3 Latvia Vitamin C Ingredients Market Revenues & Volume, By Two-Stage Fermentation Process, 2021-2031F |
6.5 Latvia Vitamin C Ingredients Market, By End Use |
6.5.1 Overview and Analysis |
6.5.2 Latvia Vitamin C Ingredients Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.5.3 Latvia Vitamin C Ingredients Market Revenues & Volume, By Cosmetics & Personal Care Products, 2021-2031F |
6.5.4 Latvia Vitamin C Ingredients Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.5.5 Latvia Vitamin C Ingredients Market Revenues & Volume, By Animal Feed, 2021-2031F |
7 Latvia Vitamin C Ingredients Market Import-Export Trade Statistics |
7.1 Latvia Vitamin C Ingredients Market Export to Major Countries |
7.2 Latvia Vitamin C Ingredients Market Imports from Major Countries |
8 Latvia Vitamin C Ingredients Market Key Performance Indicators |
8.1 Consumer adoption rate of products containing Vitamin C ingredients |
8.2 Number of new product launches incorporating Vitamin C ingredients |
8.3 Growth in the number of partnerships and collaborations within the industry |
9 Latvia Vitamin C Ingredients Market - Opportunity Assessment |
9.1 Latvia Vitamin C Ingredients Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Vitamin C Ingredients Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Latvia Vitamin C Ingredients Market Opportunity Assessment, By Source, 2021 & 2031F |
9.4 Latvia Vitamin C Ingredients Market Opportunity Assessment, By Process, 2021 & 2031F |
9.5 Latvia Vitamin C Ingredients Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Latvia Vitamin C Ingredients Market - Competitive Landscape |
10.1 Latvia Vitamin C Ingredients Market Revenue Share, By Companies, 2024 |
10.2 Latvia Vitamin C Ingredients Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |