Latvia Alfalfa Market (2025-2031) | Outlook, Industry, Segmentation, Revenue, Share, Trends, Analysis, Companies, Growth, Value, Forecast & Size
Market Forecast By Product Type (Pellets, Hay Bales, Cubes, Others), By Livestock (Ruminants, Equine, Others) And Competitive Landscape
| Product Code: ETC4981702 | 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 | |
Latvia Alfalfa Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, Latvia continued to rely on neighboring countries such as Lithuania, Poland, and Estonia for alfalfa imports, with Belgium and Germany also playing significant roles. Despite a considerable decrease in the compound annual growth rate (CAGR) from 2020-24, the market experienced a remarkable growth spurt in 2024 with a growth rate of 181.98 compared to the previous year. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, showcasing the dominance of key exporters in meeting Latvia`s alfalfa demand.
Latvia Export Potential Assessment For Alfalfa Market (Values in USD Thousand)
Key Highlights of the Report:
- Latvia Alfalfa Market Outlook
- Market Size of Latvia Alfalfa Market, 2024
- Forecast of Latvia Alfalfa Market, 2031
- Historical Data and Forecast of Latvia Alfalfa Revenues & Volume for the Period 2021-2031
- Latvia Alfalfa Market Trend Evolution
- Latvia Alfalfa Market Drivers and Challenges
- Latvia Alfalfa Price Trends
- Latvia Alfalfa Porter`s Five Forces
- Latvia Alfalfa Industry Life Cycle
- Historical Data and Forecast of Latvia Alfalfa Market Revenues & Volume By Product Type for the Period 2021-2031
- Historical Data and Forecast of Latvia Alfalfa Market Revenues & Volume By Pellets for the Period 2021-2031
- Historical Data and Forecast of Latvia Alfalfa Market Revenues & Volume By Hay Bales for the Period 2021-2031
- Historical Data and Forecast of Latvia Alfalfa Market Revenues & Volume By Cubes for the Period 2021-2031
- Historical Data and Forecast of Latvia Alfalfa Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Latvia Alfalfa Market Revenues & Volume By Livestock for the Period 2021-2031
- Historical Data and Forecast of Latvia Alfalfa Market Revenues & Volume By Ruminants for the Period 2021-2031
- Historical Data and Forecast of Latvia Alfalfa Market Revenues & Volume By Equine for the Period 2021-2031
- Historical Data and Forecast of Latvia Alfalfa Market Revenues & Volume By Others for the Period 2021-2031
- Latvia Alfalfa Import Export Trade Statistics
- Market Opportunity Assessment By Product Type
- Market Opportunity Assessment By Livestock
- Latvia Alfalfa Top Companies Market Share
- Latvia Alfalfa Competitive Benchmarking By Technical and Operational Parameters
- Latvia Alfalfa Company Profiles
- Latvia Alfalfa Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Alfalfa Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Alfalfa Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Alfalfa Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Alfalfa Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Alfalfa Market - Industry Life Cycle |
3.4 Latvia Alfalfa Market - Porter's Five Forces |
3.5 Latvia Alfalfa Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Alfalfa Market Revenues & Volume Share, By Livestock, 2021 & 2031F |
4 Latvia Alfalfa Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for organic and high-quality animal feed |
4.2.2 Growing awareness about the nutritional benefits of alfalfa |
4.2.3 Government support and subsidies for the agriculture sector in Latvia |
4.3 Market Restraints |
4.3.1 Seasonal variations in alfalfa production due to weather conditions |
4.3.2 Competition from alternative forage crops |
4.3.3 Fluctuations in prices of alfalfa seeds and fertilizers |
5 Latvia Alfalfa Market Trends |
6 Latvia Alfalfa Market Segmentations |
6.1 Latvia Alfalfa Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Alfalfa Market Revenues & Volume, By Pellets, 2021-2031F |
6.1.3 Latvia Alfalfa Market Revenues & Volume, By Hay Bales, 2021-2031F |
6.1.4 Latvia Alfalfa Market Revenues & Volume, By Cubes, 2021-2031F |
6.1.5 Latvia Alfalfa Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Alfalfa Market, By Livestock |
6.2.1 Overview and Analysis |
6.2.2 Latvia Alfalfa Market Revenues & Volume, By Ruminants, 2021-2031F |
6.2.3 Latvia Alfalfa Market Revenues & Volume, By Equine, 2021-2031F |
6.2.4 Latvia Alfalfa Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Alfalfa Market Import-Export Trade Statistics |
7.1 Latvia Alfalfa Market Export to Major Countries |
7.2 Latvia Alfalfa Market Imports from Major Countries |
8 Latvia Alfalfa Market Key Performance Indicators |
8.1 Average yield per hectare of alfalfa |
8.2 Adoption rate of modern farming techniques in alfalfa cultivation |
8.3 Percentage of agricultural land allocated to alfalfa cultivation |
9 Latvia Alfalfa Market - Opportunity Assessment |
9.1 Latvia Alfalfa Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Alfalfa Market Opportunity Assessment, By Livestock, 2021 & 2031F |
10 Latvia Alfalfa Market - Competitive Landscape |
10.1 Latvia Alfalfa Market Revenue Share, By Companies, 2024 |
10.2 Latvia Alfalfa Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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