| Product Code: ETC7904267 | 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 import shipments of aloe vera extract to Latvia have shown promising growth, with key exporting countries in 2024 being Poland, Lithuania, China, Sweden, and Metropolitan France. The market has transitioned from low to moderate concentration, indicating increasing competition and market activity. The impressive CAGR of 11.19% from 2020 to 2024 highlights the steady expansion of the market, with a notable growth rate of 12.19% in 2024 alone. This signifies a rising demand for aloe vera extract in Latvia, presenting opportunities for market players to capitalize on this upward trend.

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 Aloe Vera Extract Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Aloe Vera Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Aloe Vera Extract Market - Industry Life Cycle |
3.4 Latvia Aloe Vera Extract Market - Porter's Five Forces |
3.5 Latvia Aloe Vera Extract Market Revenues & Volume Share, By Product form, 2021 & 2031F |
3.6 Latvia Aloe Vera Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Aloe Vera Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of aloe vera extract |
4.2.2 Growing demand for natural and organic skincare products |
4.2.3 Rising trend of incorporating aloe vera extract in food and beverage products |
4.3 Market Restraints |
4.3.1 Seasonal fluctuations in aloe vera supply affecting production |
4.3.2 High competition from alternative natural ingredients in the market |
4.3.3 Regulatory challenges related to labeling and certification requirements for aloe vera extract products |
5 Latvia Aloe Vera Extract Market Trends |
6 Latvia Aloe Vera Extract Market, By Types |
6.1 Latvia Aloe Vera Extract Market, By Product form |
6.1.1 Overview and Analysis |
6.1.2 Latvia Aloe Vera Extract Market Revenues & Volume, By Product form, 2021- 2031F |
6.1.3 Latvia Aloe Vera Extract Market Revenues & Volume, By Gels, 2021- 2031F |
6.1.4 Latvia Aloe Vera Extract Market Revenues & Volume, By Liquid, 2021- 2031F |
6.1.5 Latvia Aloe Vera Extract Market Revenues & Volume, By Capsules/tablets, 2021- 2031F |
6.1.6 Latvia Aloe Vera Extract Market Revenues & Volume, By Powder, 2021- 2031F |
6.1.7 Latvia Aloe Vera Extract Market Revenues & Volume, By Oil, 2021- 2031F |
6.1.8 Latvia Aloe Vera Extract Market Revenues & Volume, By Other, 2021- 2031F |
6.2 Latvia Aloe Vera Extract Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Aloe Vera Extract Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.2.3 Latvia Aloe Vera Extract Market Revenues & Volume, By Food, 2021- 2031F |
6.2.4 Latvia Aloe Vera Extract Market Revenues & Volume, By Personal care products, 2021- 2031F |
7 Latvia Aloe Vera Extract Market Import-Export Trade Statistics |
7.1 Latvia Aloe Vera Extract Market Export to Major Countries |
7.2 Latvia Aloe Vera Extract Market Imports from Major Countries |
8 Latvia Aloe Vera Extract Market Key Performance Indicators |
8.1 Consumer engagement with aloe vera extract content on social media platforms |
8.2 Number of new product launches containing aloe vera extract |
8.3 Percentage of increase in aloe vera extract usage across different industries |
9 Latvia Aloe Vera Extract Market - Opportunity Assessment |
9.1 Latvia Aloe Vera Extract Market Opportunity Assessment, By Product form, 2021 & 2031F |
9.2 Latvia Aloe Vera Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Aloe Vera Extract Market - Competitive Landscape |
10.1 Latvia Aloe Vera Extract Market Revenue Share, By Companies, 2024 |
10.2 Latvia Aloe Vera Extract Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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