| Product Code: ETC7924612 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Latvia welan gum import market saw significant growth in 2024, with top exporting countries being Lithuania, India, Poland, Germany, and Belgium. The market concentration, as measured by the HHI, increased from high to very high in 2024, indicating a more consolidated market. The compound annual growth rate (CAGR) from 2020 to 2024 was a steady 5.1%, while the growth rate from 2023 to 2024 spiked at an impressive 66.89%. This suggests a strong demand for welan gum in Latvia, potentially driven by various factors such as changing consumer preferences or industrial applications.

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 Welan Gum Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Welan Gum Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Welan Gum Market - Industry Life Cycle |
3.4 Latvia Welan Gum Market - Porter's Five Forces |
3.5 Latvia Welan Gum Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Welan Gum Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for natural and organic ingredients in the food industry |
4.2.2 Growing awareness about the health benefits of welan gum as a food additive |
4.2.3 Rise in research and development activities for innovative applications of welan gum |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in welan gum production |
4.3.2 Stringent government regulations and approvals for food additives |
4.3.3 Competition from substitute products in the food industry |
5 Latvia Welan Gum Market Trends |
6 Latvia Welan Gum Market, By Types |
6.1 Latvia Welan Gum Market, By End User |
6.1.1 Overview and Analysis |
6.1.2 Latvia Welan Gum Market Revenues & Volume, By End User, 2021- 2031F |
6.1.3 Latvia Welan Gum Market Revenues & Volume, By Food and Beverage, 2021- 2031F |
6.1.4 Latvia Welan Gum Market Revenues & Volume, By Construction, 2021- 2031F |
6.1.5 Latvia Welan Gum Market Revenues & Volume, By Oil and Gas, 2021- 2031F |
6.1.6 Latvia Welan Gum Market Revenues & Volume, By Cosmetics and Personal Care, 2021- 2031F |
6.1.7 Latvia Welan Gum Market Revenues & Volume, By Other End-user Industries, 2021- 2031F |
7 Latvia Welan Gum Market Import-Export Trade Statistics |
7.1 Latvia Welan Gum Market Export to Major Countries |
7.2 Latvia Welan Gum Market Imports from Major Countries |
8 Latvia Welan Gum Market Key Performance Indicators |
8.1 Research and development investment in welan gum applications |
8.2 Percentage of food products using welan gum as an ingredient |
8.3 Consumer perception and awareness of welan gum benefits |
9 Latvia Welan Gum Market - Opportunity Assessment |
9.1 Latvia Welan Gum Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Welan Gum Market - Competitive Landscape |
10.1 Latvia Welan Gum Market Revenue Share, By Companies, 2024 |
10.2 Latvia Welan Gum Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |