| Product Code: ETC4984495 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
In 2024, Latvia continued to heavily rely on imports of compound horse feedstuff, with top suppliers being Russia, Lithuania, Metropolitan France, Germany, and Denmark. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) between 2020-24 was an impressive 51.21%, indicating robust demand. Furthermore, the growth rate from 2023-24 stood at 24.72%, suggesting a continued upward trend in imports of horse feedstuff into Latvia. This data underscores the importance of these key exporting countries in supplying the Latvian market with essential feed products for horses.
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 Compound Horse Feedstuff Market Overview  | 
3.1 Latvia Country Macro Economic Indicators  | 
3.2 Latvia Compound Horse Feedstuff Market Revenues & Volume, 2021 & 2031F  | 
3.3 Latvia Compound Horse Feedstuff Market - Industry Life Cycle  | 
3.4 Latvia Compound Horse Feedstuff Market - Porter's Five Forces  | 
3.5 Latvia Compound Horse Feedstuff Market Revenues & Volume Share, By Form, 2021 & 2031F  | 
3.6 Latvia Compound Horse Feedstuff Market Revenues & Volume Share, By Nutrition Type, 2021 & 2031F  | 
4 Latvia Compound Horse Feedstuff Market Dynamics  | 
4.1 Impact Analysis  | 
4.2 Market Drivers  | 
4.2.1 Increasing awareness about the importance of proper nutrition for horses  | 
4.2.2 Growing demand for specialized feed products to enhance horse health and performance  | 
4.2.3 Rising adoption of compound horse feedstuff due to convenience and nutritional benefits  | 
4.3 Market Restraints  | 
4.3.1 Fluctuating prices of key raw materials such as grains and supplements  | 
4.3.2 Regulatory challenges and compliance requirements in the feed industry  | 
4.3.3 Competition from alternative feed options or homemade feed formulations  | 
5 Latvia Compound Horse Feedstuff Market Trends  | 
6 Latvia Compound Horse Feedstuff Market Segmentations  | 
6.1 Latvia Compound Horse Feedstuff Market, By Form  | 
6.1.1 Overview and Analysis  | 
6.1.2 Latvia Compound Horse Feedstuff Market Revenues & Volume, By Pellets, 2021-2031F  | 
6.1.3 Latvia Compound Horse Feedstuff Market Revenues & Volume, By Cubes, 2021-2031F  | 
6.1.4 Latvia Compound Horse Feedstuff Market Revenues & Volume, By Powder, 2021-2031F  | 
6.2 Latvia Compound Horse Feedstuff Market, By Nutrition Type  | 
6.2.1 Overview and Analysis  | 
6.2.2 Latvia Compound Horse Feedstuff Market Revenues & Volume, By High fiber, 2021-2031F  | 
6.2.3 Latvia Compound Horse Feedstuff Market Revenues & Volume, By Low Starch, 2021-2031F  | 
6.2.4 Latvia Compound Horse Feedstuff Market Revenues & Volume, By High protein, 2021-2031F  | 
6.2.5 Latvia Compound Horse Feedstuff Market Revenues & Volume, By High fats, 2021-2031F  | 
7 Latvia Compound Horse Feedstuff Market Import-Export Trade Statistics  | 
7.1 Latvia Compound Horse Feedstuff Market Export to Major Countries  | 
7.2 Latvia Compound Horse Feedstuff Market Imports from Major Countries  | 
8 Latvia Compound Horse Feedstuff Market Key Performance Indicators  | 
8.1 Average daily weight gain of horses consuming compound feedstuff  | 
8.2 Customer satisfaction ratings and feedback on product quality and effectiveness  | 
8.3 Number of partnerships or collaborations with veterinarians or equine nutritionists for product endorsement  | 
9 Latvia Compound Horse Feedstuff Market - Opportunity Assessment  | 
9.1 Latvia Compound Horse Feedstuff Market Opportunity Assessment, By Form, 2021 & 2031F  | 
9.2 Latvia Compound Horse Feedstuff Market Opportunity Assessment, By Nutrition Type, 2021 & 2031F  | 
10 Latvia Compound Horse Feedstuff Market - Competitive Landscape  | 
10.1 Latvia Compound Horse Feedstuff Market Revenue Share, By Companies, 2024  | 
10.2 Latvia Compound Horse Feedstuff Market Competitive Benchmarking, By Operating and Technical Parameters  | 
11 Company Profiles  | 
12 Recommendations  | 13 Disclaimer  |