| Product Code: ETC7904316 | 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 alternative sweetener import market in Latvia saw significant growth in 2024, with top exporting countries including Metropolitan France, Poland, Estonia, Lithuania, and Germany. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive compound annual growth rate (CAGR) of 24.25% from 2020 to 2024 highlights a rising demand for alternative sweeteners in Latvia. Moreover, the growth rate of 40.16% from 2023 to 2024 suggests a rapid expansion of the market, making it an attractive sector for both domestic and international players.

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 Alternative Sweetener Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Alternative Sweetener Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Alternative Sweetener Market - Industry Life Cycle |
3.4 Latvia Alternative Sweetener Market - Porter's Five Forces |
3.5 Latvia Alternative Sweetener Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Latvia Alternative Sweetener Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Latvia Alternative Sweetener Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about health concerns related to traditional sugar consumption |
4.2.2 Growing demand for natural and organic food products |
4.2.3 Rising prevalence of lifestyle-related diseases such as obesity and diabetes |
4.3 Market Restraints |
4.3.1 High cost of alternative sweeteners compared to traditional sugar |
4.3.2 Limited availability of alternative sweeteners in the market |
4.3.3 Lack of awareness and education among consumers about the benefits of alternative sweeteners |
5 Latvia Alternative Sweetener Market Trends |
6 Latvia Alternative Sweetener Market, By Types |
6.1 Latvia Alternative Sweetener Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Latvia Alternative Sweetener Market Revenues & Volume, By Types, 2021- 2031F |
6.1.3 Latvia Alternative Sweetener Market Revenues & Volume, By High Fructose Syrup (HFS), 2021- 2031F |
6.1.4 Latvia Alternative Sweetener Market Revenues & Volume, By High Intensity Sweetener (HIS), 2021- 2031F |
6.1.5 Latvia Alternative Sweetener Market Revenues & Volume, By Low Intensity Sweetener (LIS), 2021- 2031F |
6.2 Latvia Alternative Sweetener Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Latvia Alternative Sweetener Market Revenues & Volume, By Food, 2021- 2031F |
6.2.3 Latvia Alternative Sweetener Market Revenues & Volume, By Beverage, 2021- 2031F |
6.2.4 Latvia Alternative Sweetener Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.2.5 Latvia Alternative Sweetener Market Revenues & Volume, By Personal Care, 2021- 2031F |
7 Latvia Alternative Sweetener Market Import-Export Trade Statistics |
7.1 Latvia Alternative Sweetener Market Export to Major Countries |
7.2 Latvia Alternative Sweetener Market Imports from Major Countries |
8 Latvia Alternative Sweetener Market Key Performance Indicators |
8.1 Consumer adoption rate of alternative sweeteners |
8.2 Number of new product launches featuring alternative sweeteners |
8.3 Growth in the number of health-conscious consumers choosing alternative sweeteners |
8.4 Increase in research and development investments in alternative sweeteners |
8.5 Expansion of distribution channels for alternative sweeteners |
9 Latvia Alternative Sweetener Market - Opportunity Assessment |
9.1 Latvia Alternative Sweetener Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Latvia Alternative Sweetener Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Latvia Alternative Sweetener Market - Competitive Landscape |
10.1 Latvia Alternative Sweetener Market Revenue Share, By Companies, 2024 |
10.2 Latvia Alternative Sweetener 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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