| Product Code: ETC7904396 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of amino acid-based formula in Latvia have shown significant growth potential, with a high CAGR of 22.6% from 2020 to 2024. The top exporting countries to Latvia in 2024 include Germany, Lithuania, Netherlands, Estonia, and Serbia. The market concentration, as measured by the HHI, increased from low to moderate in 2024, indicating a more consolidated market landscape. The growth rate from 2023 to 2024 was notably strong at 9.61%, suggesting sustained interest and demand in amino acid-based formula imports in Latvia.

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 Amino Acid Based Formula Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Amino Acid Based Formula Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Amino Acid Based Formula Market - Industry Life Cycle |
3.4 Latvia Amino Acid Based Formula Market - Porter's Five Forces |
3.5 Latvia Amino Acid Based Formula Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.6 Latvia Amino Acid Based Formula Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Latvia Amino Acid Based Formula Market Revenues & Volume Share, By Formula Type, 2021 & 2031F |
3.8 Latvia Amino Acid Based Formula Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Amino Acid Based Formula Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the benefits of amino acid-based formulas for infants and children |
4.2.2 Growing demand for specialized nutrition products for individuals with dietary restrictions or health conditions |
4.2.3 Rising adoption of organic and natural ingredients in baby food and infant formula industry |
4.3 Market Restraints |
4.3.1 High production costs associated with amino acid-based formulas leading to higher product prices |
4.3.2 Stringent regulations and compliance requirements in the infant nutrition market |
4.3.3 Limited availability and accessibility of amino acid-based formulas in remote or rural areas of Latvia |
5 Latvia Amino Acid Based Formula Market Trends |
6 Latvia Amino Acid Based Formula Market, By Types |
6.1 Latvia Amino Acid Based Formula Market, By Nature |
6.1.1 Overview and Analysis |
6.1.2 Latvia Amino Acid Based Formula Market Revenues & Volume, By Nature, 2021- 2031F |
6.1.3 Latvia Amino Acid Based Formula Market Revenues & Volume, By Organic, 2021- 2031F |
6.1.4 Latvia Amino Acid Based Formula Market Revenues & Volume, By Conventional, 2021- 2031F |
6.2 Latvia Amino Acid Based Formula Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Latvia Amino Acid Based Formula Market Revenues & Volume, By Powder, 2021- 2031F |
6.2.3 Latvia Amino Acid Based Formula Market Revenues & Volume, By Liquid, 2021- 2031F |
6.3 Latvia Amino Acid Based Formula Market, By Formula Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Amino Acid Based Formula Market Revenues & Volume, By Standard Infant Formula, 2021- 2031F |
6.3.3 Latvia Amino Acid Based Formula Market Revenues & Volume, By Follow-on Infant Formula, 2021- 2031F |
6.3.4 Latvia Amino Acid Based Formula Market Revenues & Volume, By Toddler Infant Formula, 2021- 2031F |
6.3.5 Latvia Amino Acid Based Formula Market Revenues & Volume, By Special Infant Formula, 2021- 2031F |
6.4 Latvia Amino Acid Based Formula Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Latvia Amino Acid Based Formula Market Revenues & Volume, By Hypermarkets/Supermarkets, 2021- 2031F |
6.4.3 Latvia Amino Acid Based Formula Market Revenues & Volume, By Convenience Stores, 2021- 2031F |
6.4.4 Latvia Amino Acid Based Formula Market Revenues & Volume, By Pharmacy and Drug Stores, 2021- 2031F |
6.4.5 Latvia Amino Acid Based Formula Market Revenues & Volume, By Independent Small Grocers, 2021- 2031F |
6.4.6 Latvia Amino Acid Based Formula Market Revenues & Volume, By Online Retail, 2021- 2031F |
7 Latvia Amino Acid Based Formula Market Import-Export Trade Statistics |
7.1 Latvia Amino Acid Based Formula Market Export to Major Countries |
7.2 Latvia Amino Acid Based Formula Market Imports from Major Countries |
8 Latvia Amino Acid Based Formula Market Key Performance Indicators |
8.1 Number of new product launches in the amino acid-based formula segment |
8.2 Percentage of market share held by amino acid-based formulas compared to traditional infant formulas |
8.3 Growth rate of online sales for amino acid-based formulas in Latvia |
9 Latvia Amino Acid Based Formula Market - Opportunity Assessment |
9.1 Latvia Amino Acid Based Formula Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.2 Latvia Amino Acid Based Formula Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Latvia Amino Acid Based Formula Market Opportunity Assessment, By Formula Type, 2021 & 2031F |
9.4 Latvia Amino Acid Based Formula Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Amino Acid Based Formula Market - Competitive Landscape |
10.1 Latvia Amino Acid Based Formula Market Revenue Share, By Companies, 2024 |
10.2 Latvia Amino Acid Based Formula Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |