| Product Code: ETC5022001 | 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 soy flour import market saw significant growth with a remarkable 20.43% CAGR from 2020 to 2024. Despite a slight decline in growth rate from 2023 to 2024, the market remains highly concentrated, with Lithuania, Serbia, Denmark, Poland, and Germany emerging as top exporting countries. The continued dominance of these key players highlights the competitive landscape in the industry, signaling potential opportunities for further market expansion and strategic partnerships in the coming years.

The Soy Flour market in Latvia is projected to grow at a stable growth rate of 0.65% 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 Soy Flour Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Soy Flour Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Soy Flour Market - Industry Life Cycle |
3.4 Latvia Soy Flour Market - Porter's Five Forces |
3.5 Latvia Soy Flour Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Soy Flour Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Soy Flour Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Soy Flour Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health benefits of soy flour |
4.2.2 Growing demand for plant-based protein products |
4.2.3 Government initiatives promoting the use of soy products in the food industry |
4.3 Market Restraints |
4.3.1 High competition from other alternative flours in the market |
4.3.2 Fluctuating prices of soybeans impacting the cost of soy flour production |
4.3.3 Limited consumer acceptance and familiarity with soy flour compared to traditional flours |
5 Latvia Soy Flour Market Trends |
6 Latvia Soy Flour Market Segmentations |
6.1 Latvia Soy Flour Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Soy Flour Market Revenues & Volume, By Full-fat Soy Flour, 2021-2031F |
6.1.3 Latvia Soy Flour Market Revenues & Volume, By Defatted Soy Flour, 2021-2031F |
6.2 Latvia Soy Flour Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Soy Flour Market Revenues & Volume, By Bakery & Confectionery, 2021-2031F |
6.2.3 Latvia Soy Flour Market Revenues & Volume, By Meat Substitute, 2021-2031F |
6.2.4 Latvia Soy Flour Market Revenues & Volume, By Soup & Sausages, 2021-2031F |
6.2.5 Latvia Soy Flour Market Revenues & Volume, By Meat and Poultry, 2021-2031F |
6.2.6 Latvia Soy Flour Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Soy Flour Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Soy Flour Market Revenues & Volume, By Online Stores, 2021-2031F |
6.3.3 Latvia Soy Flour Market Revenues & Volume, By Convenience Store, 2021-2031F |
6.3.4 Latvia Soy Flour Market Revenues & Volume, By Departmental Store, 2021-2031F |
6.3.5 Latvia Soy Flour Market Revenues & Volume, By Direct Sales, 2021-2031F |
6.3.6 Latvia Soy Flour Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Soy Flour Market Import-Export Trade Statistics |
7.1 Latvia Soy Flour Market Export to Major Countries |
7.2 Latvia Soy Flour Market Imports from Major Countries |
8 Latvia Soy Flour Market Key Performance Indicators |
8.1 Number of new product launches containing soy flour |
8.2 Percentage increase in the consumption of soy flour in various food products |
8.3 Growth rate of the health food segment in Latvia market |
8.4 Percentage of food manufacturers using soy flour as an ingredient in their products |
8.5 Number of partnerships between soy flour producers and food companies for product development |
9 Latvia Soy Flour Market - Opportunity Assessment |
9.1 Latvia Soy Flour Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Soy Flour Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Soy Flour Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Soy Flour Market - Competitive Landscape |
10.1 Latvia Soy Flour Market Revenue Share, By Companies, 2024 |
10.2 Latvia Soy Flour Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |