| Product Code: ETC7920643 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of rice protein-based infant formula to Latvia in 2024 continued to see high concentration, with top exporters being Lithuania, Netherlands, Poland, Ireland, and Sweden. The market experienced steady growth with a Compound Annual Growth Rate (CAGR) of 5.37% from 2020 to 2024. In 2024, the growth rate slightly decreased to 3.78%, indicating a stable market demand for this specialized product. The consistent presence of key exporting countries highlights the competitive landscape and the importance of quality and innovation in this segment.

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 Rice Protein Based Infant Formula Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Rice Protein Based Infant Formula Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Rice Protein Based Infant Formula Market - Industry Life Cycle |
3.4 Latvia Rice Protein Based Infant Formula Market - Porter's Five Forces |
3.5 Latvia Rice Protein Based Infant Formula Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Rice Protein Based Infant Formula Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Latvia Rice Protein Based Infant Formula Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference towards plant-based and allergen-free infant formula products |
4.2.2 Growing awareness about the health benefits of rice protein-based infant formula |
4.2.3 Rising demand for organic and natural infant nutrition products |
4.3 Market Restraints |
4.3.1 Limited availability and higher cost of rice protein compared to traditional dairy-based infant formulas |
4.3.2 Regulatory challenges and stringent standards for infant formula products in Latvia |
4.3.3 Perception challenges regarding the taste and nutritional value of rice protein-based infant formula among consumers |
5 Latvia Rice Protein Based Infant Formula Market Trends |
6 Latvia Rice Protein Based Infant Formula Market, By Types |
6.1 Latvia Rice Protein Based Infant Formula Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Rice Protein Based Infant Formula Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Rice Protein Based Infant Formula Market Revenues & Volume, By Standard Formula, 2021- 2031F |
6.1.4 Latvia Rice Protein Based Infant Formula Market Revenues & Volume, By Toddler Formula, 2021- 2031F |
6.2 Latvia Rice Protein Based Infant Formula Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Latvia Rice Protein Based Infant Formula Market Revenues & Volume, By Non-GMO, 2021- 2031F |
6.2.3 Latvia Rice Protein Based Infant Formula Market Revenues & Volume, By GMO, 2021- 2031F |
7 Latvia Rice Protein Based Infant Formula Market Import-Export Trade Statistics |
7.1 Latvia Rice Protein Based Infant Formula Market Export to Major Countries |
7.2 Latvia Rice Protein Based Infant Formula Market Imports from Major Countries |
8 Latvia Rice Protein Based Infant Formula Market Key Performance Indicators |
8.1 Percentage growth in the number of new entrants offering rice protein-based infant formula in the market |
8.2 Increase in the number of distribution channels carrying rice protein-based infant formula products |
8.3 Consumer awareness and perception surveys on the benefits and preferences for rice protein-based infant formula |
8.4 Adoption rate of rice protein-based infant formula by pediatricians and healthcare professionals in Latvia |
8.5 Percentage of parents opting for rice protein-based infant formula as an alternative to traditional options |
9 Latvia Rice Protein Based Infant Formula Market - Opportunity Assessment |
9.1 Latvia Rice Protein Based Infant Formula Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Rice Protein Based Infant Formula Market Opportunity Assessment, By Form, 2021 & 2031F |
10 Latvia Rice Protein Based Infant Formula Market - Competitive Landscape |
10.1 Latvia Rice Protein Based Infant Formula Market Revenue Share, By Companies, 2024 |
10.2 Latvia Rice Protein Based Infant Formula Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |