| Product Code: ETC5820913 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia continues to see a steady increase in egg replacers import shipments, with Lithuania, Poland, Netherlands, Ukraine, and Germany emerging as the top exporting countries. The market remains competitive with low concentration indicated by the Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 stands at a healthy 6.24%, showing sustained growth momentum. Notably, the growth rate from 2023 to 2024 spiked at 12.4%, reflecting a growing demand for egg replacers in Latvia. This trend signals a promising outlook for the market in the coming years.

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 Egg Replacers Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Egg Replacers Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Egg Replacers Market - Industry Life Cycle |
3.4 Latvia Egg Replacers Market - Porter's Five Forces |
3.5 Latvia Egg Replacers Market Revenues & Volume Share, By Ingredient, 2021 & 2031F |
3.6 Latvia Egg Replacers Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Latvia Egg Replacers Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Egg Replacers Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Latvia Egg Replacers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about health and environmental concerns associated with egg consumption |
4.2.2 Growing demand for vegan and plant-based food products |
4.2.3 Rising prevalence of food allergies and dietary restrictions driving the need for egg replacers |
4.3 Market Restraints |
4.3.1 Limited availability of specialized egg replacer products in the market |
4.3.2 High cost associated with some egg replacer options |
4.3.3 Lack of awareness and acceptance of egg replacers among traditional consumers |
5 Latvia Egg Replacers Market Trends |
6 Latvia Egg Replacers Market Segmentations |
6.1 Latvia Egg Replacers Market, By Ingredient |
6.1.1 Overview and Analysis |
6.1.2 Latvia Egg Replacers Market Revenues & Volume, By Dairy Proteins, 2021-2031F |
6.1.3 Latvia Egg Replacers Market Revenues & Volume, By Starch, 2021-2031F |
6.1.4 Latvia Egg Replacers Market Revenues & Volume, By Algal Flour, 2021-2031F |
6.1.5 Latvia Egg Replacers Market Revenues & Volume, By Soy-based Products, 2021-2031F |
6.2 Latvia Egg Replacers Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Latvia Egg Replacers Market Revenues & Volume, By Plant, 2021-2031F |
6.2.3 Latvia Egg Replacers Market Revenues & Volume, By Animal, 2021-2031F |
6.3 Latvia Egg Replacers Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Egg Replacers Market Revenues & Volume, By Bakery & Confectionery, 2021-2031F |
6.3.3 Latvia Egg Replacers Market Revenues & Volume, By Savories, 2021-2031F |
6.3.4 Latvia Egg Replacers Market Revenues & Volume, By Sauces, 2021-2031F |
6.3.5 Latvia Egg Replacers Market Revenues & Volume, By Dressings & Spreads, 2021-2031F |
6.4 Latvia Egg Replacers Market, By Form |
6.4.1 Overview and Analysis |
6.4.2 Latvia Egg Replacers Market Revenues & Volume, By Dry, 2021-2031F |
6.4.3 Latvia Egg Replacers Market Revenues & Volume, By Liquid, 2021-2031F |
7 Latvia Egg Replacers Market Import-Export Trade Statistics |
7.1 Latvia Egg Replacers Market Export to Major Countries |
7.2 Latvia Egg Replacers Market Imports from Major Countries |
8 Latvia Egg Replacers Market Key Performance Indicators |
8.1 Number of new product launches in the egg replacers market |
8.2 Consumer surveys indicating preferences for plant-based alternatives |
8.3 Growth in the number of food manufacturers incorporating egg replacers in their product lines |
9 Latvia Egg Replacers Market - Opportunity Assessment |
9.1 Latvia Egg Replacers Market Opportunity Assessment, By Ingredient, 2021 & 2031F |
9.2 Latvia Egg Replacers Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Latvia Egg Replacers Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Egg Replacers Market Opportunity Assessment, By Form, 2021 & 2031F |
10 Latvia Egg Replacers Market - Competitive Landscape |
10.1 Latvia Egg Replacers Market Revenue Share, By Companies, 2024 |
10.2 Latvia Egg Replacers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |