| Product Code: ETC4734322 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s import of citrus bioflavonoids saw significant growth in 2024, with Italy, Germany, Lithuania, Poland, and Sweden emerging as top exporting countries. The market concentration, as measured by HHI, surged from moderate to very high in 2024, indicating increased dominance of key players. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 6.37%, while the growth rate from 2023 to 2024 spiked impressively by 87.61%. This data suggests a thriving market for citrus bioflavonoids in Latvia, driven by strong demand and strategic supplier relationships.

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 Citrus Bioflavonoids Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Citrus Bioflavonoids Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Citrus Bioflavonoids Market - Industry Life Cycle |
3.4 Latvia Citrus Bioflavonoids Market - Porter's Five Forces |
3.5 Latvia Citrus Bioflavonoids Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Citrus Bioflavonoids Market Revenues & Volume Share, By End-users, 2021 & 2031F |
3.7 Latvia Citrus Bioflavonoids Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Citrus Bioflavonoids Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer awareness about the health benefits of citrus bioflavonoids |
4.2.2 Increasing demand for natural and plant-based ingredients in food and beverage products |
4.2.3 Rising prevalence of lifestyle diseases driving the demand for dietary supplements containing citrus bioflavonoids |
4.3 Market Restraints |
4.3.1 Seasonal availability and fluctuations in citrus fruit production |
4.3.2 Price volatility of raw materials impacting the cost of citrus bioflavonoids production |
4.3.3 Regulatory challenges and compliance requirements in the production and marketing of citrus bioflavonoids |
5 Latvia Citrus Bioflavonoids Market Trends |
6 Latvia Citrus Bioflavonoids Market Segmentations |
6.1 Latvia Citrus Bioflavonoids Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Citrus Bioflavonoids Market Revenues & Volume, By Tengeretin, 2021-2031F |
6.1.3 Latvia Citrus Bioflavonoids Market Revenues & Volume, By Hesperidin, 2021-2031F |
6.1.4 Latvia Citrus Bioflavonoids Market Revenues & Volume, By Nobiletin, 2021-2031F |
6.1.5 Latvia Citrus Bioflavonoids Market Revenues & Volume, By Rutin, 2021-2031F |
6.1.6 Latvia Citrus Bioflavonoids Market Revenues & Volume, By Quercetin, 2021-2031F |
6.1.7 Latvia Citrus Bioflavonoids Market Revenues & Volume, By Diosmin, 2021-2031F |
6.1.9 Latvia Citrus Bioflavonoids Market Revenues & Volume, By other, 2021-2031F |
6.1.10 Latvia Citrus Bioflavonoids Market Revenues & Volume, By other, 2021-2031F |
6.2 Latvia Citrus Bioflavonoids Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Latvia Citrus Bioflavonoids Market Revenues & Volume, By Pharmaceutical and Functional Foods, 2021-2031F |
6.2.3 Latvia Citrus Bioflavonoids Market Revenues & Volume, By Dietary Supplements, 2021-2031F |
6.2.4 Latvia Citrus Bioflavonoids Market Revenues & Volume, By Food and Beverages, 2021-2031F |
6.2.5 Latvia Citrus Bioflavonoids Market Revenues & Volume, By Cosmetics and Personal Care, 2021-2031F |
6.2.6 Latvia Citrus Bioflavonoids Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.3 Latvia Citrus Bioflavonoids Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Citrus Bioflavonoids Market Revenues & Volume, By Online Retail, 2021-2031F |
6.3.3 Latvia Citrus Bioflavonoids Market Revenues & Volume, By Herbal Specialty Store, 2021-2031F |
6.3.4 Latvia Citrus Bioflavonoids Market Revenues & Volume, By Retail, 2021-2031F |
6.3.5 Latvia Citrus Bioflavonoids Market Revenues & Volume, By Supermarket, 2021-2031F |
7 Latvia Citrus Bioflavonoids Market Import-Export Trade Statistics |
7.1 Latvia Citrus Bioflavonoids Market Export to Major Countries |
7.2 Latvia Citrus Bioflavonoids Market Imports from Major Countries |
8 Latvia Citrus Bioflavonoids Market Key Performance Indicators |
8.1 Consumer adoption rate of citrus bioflavonoid-containing products |
8.2 Number of new product launches containing citrus bioflavonoids |
8.3 Research and development investment in citrus bioflavonoids technology and innovation |
9 Latvia Citrus Bioflavonoids Market - Opportunity Assessment |
9.1 Latvia Citrus Bioflavonoids Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Citrus Bioflavonoids Market Opportunity Assessment, By End-users, 2021 & 2031F |
9.3 Latvia Citrus Bioflavonoids Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Citrus Bioflavonoids Market - Competitive Landscape |
10.1 Latvia Citrus Bioflavonoids Market Revenue Share, By Companies, 2024 |
10.2 Latvia Citrus Bioflavonoids 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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