| Product Code: ETC4850032 | 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 cheese powder import market in 2024 continues to showcase strong growth, with key exporters being Poland, Lithuania, Estonia, Netherlands, and Ukraine. The high concentration of the Herfindahl-Hirschman Index (HHI) indicates a competitive market landscape. The impressive Compound Annual Growth Rate (CAGR) of 15.42% from 2020 to 2024 highlights the increasing demand for cheese powder in Latvia. Moreover, the notable growth rate of 9.01% from 2023 to 2024 signifies sustained momentum in the market, making it an attractive sector for both domestic consumption and international trade.

The Cheese Powder market in Latvia is projected to grow at a stable growth rate of 0.81% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Cheese Powder Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Cheese Powder Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Cheese Powder Market - Industry Life Cycle |
3.4 Latvia Cheese Powder Market - Porter's Five Forces |
3.5 Latvia Cheese Powder Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Cheese Powder Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Cheese Powder Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for convenience foods and food products with extended shelf life |
4.2.2 Growing popularity of cheese-based snacks and seasonings |
4.2.3 Rising consumer preference for natural and organic ingredients in food products |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as milk and cheese |
4.3.2 Stringent regulations and standards for food processing and packaging |
4.3.3 Competition from substitute products like cheese sauces and spreads |
5 Latvia Cheese Powder Market Trends |
6 Latvia Cheese Powder Market Segmentations |
6.1 Latvia Cheese Powder Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Cheese Powder Market Revenues & Volume, By Cheddar, 2021-2031F |
6.1.3 Latvia Cheese Powder Market Revenues & Volume, By Parmesan, 2021-2031F |
6.1.4 Latvia Cheese Powder Market Revenues & Volume, By Mozzarella, 2021-2031F |
6.1.5 Latvia Cheese Powder Market Revenues & Volume, By Other Product Types, 2021-2031F |
6.2 Latvia Cheese Powder Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Cheese Powder Market Revenues & Volume, By Bakery and Confectionery, 2021-2031F |
6.2.3 Latvia Cheese Powder Market Revenues & Volume, By Sweet and Savory Snacks, 2021-2031F |
6.2.4 Latvia Cheese Powder Market Revenues & Volume, By Sauces, Dressings, and Dips and Condiments, 2021-2031F |
6.2.5 Latvia Cheese Powder Market Revenues & Volume, By Ready Meals, 2021-2031F |
6.2.6 Latvia Cheese Powder Market Revenues & Volume, By Other Applications, 2021-2031F |
7 Latvia Cheese Powder Market Import-Export Trade Statistics |
7.1 Latvia Cheese Powder Market Export to Major Countries |
7.2 Latvia Cheese Powder Market Imports from Major Countries |
8 Latvia Cheese Powder Market Key Performance Indicators |
8.1 Percentage of market share held by key players in the Latvia cheese powder market |
8.2 Consumer awareness and perception of cheese powder as a convenient and versatile ingredient |
8.3 Number of new product launches and innovations in the cheese powder segment |
9 Latvia Cheese Powder Market - Opportunity Assessment |
9.1 Latvia Cheese Powder Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Cheese Powder Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Cheese Powder Market - Competitive Landscape |
10.1 Latvia Cheese Powder Market Revenue Share, By Companies, 2024 |
10.2 Latvia Cheese Powder Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |