| Product Code: ETC5041818 | 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 | |
The animal feed enzymes import market in Latvia continues to show significant growth, with a high concentration of imports from Denmark, Lithuania, Germany, Italy, and Poland in 2024. The market concentration increased further in 2024, indicating a competitive landscape dominated by these key exporting countries. With a strong compound annual growth rate (CAGR) of 18.29% from 2020 to 2024 and a notable growth rate of 8.28% from 2023 to 2024, the Latvian market for animal feed enzymes is poised for continued expansion and development 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 Animal Feed Enzymes Market Overview | 
| 3.1 Latvia Country Macro Economic Indicators | 
| 3.2 Latvia Animal Feed Enzymes Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Latvia Animal Feed Enzymes Market - Industry Life Cycle | 
| 3.4 Latvia Animal Feed Enzymes Market - Porter's Five Forces | 
| 3.5 Latvia Animal Feed Enzymes Market Revenues & Volume Share, By Formulation, 2021 & 2031F | 
| 3.6 Latvia Animal Feed Enzymes Market Revenues & Volume Share, By Product, 2021 & 2031F | 
| 3.7 Latvia Animal Feed Enzymes Market Revenues & Volume Share, By Livestock, 2021 & 2031F | 
| 4 Latvia Animal Feed Enzymes Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Growing awareness about the importance of animal nutrition and feed quality | 
| 4.2.2 Increasing demand for high-quality animal products, driving the need for efficient feed enzymes | 
| 4.2.3 Adoption of advanced technologies in animal husbandry and feed production | 
| 4.3 Market Restraints | 
| 4.3.1 Stringent regulations regarding the approval and usage of feed enzymes in animal nutrition | 
| 4.3.2 Fluctuating prices of raw materials used in feed enzyme production | 
| 4.3.3 Limited availability of skilled professionals in the field of animal nutrition and feed technology | 
| 5 Latvia Animal Feed Enzymes Market Trends | 
| 6 Latvia Animal Feed Enzymes Market Segmentations | 
| 6.1 Latvia Animal Feed Enzymes Market, By Formulation | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Latvia Animal Feed Enzymes Market Revenues & Volume, By Dry, 2021-2031F | 
| 6.1.3 Latvia Animal Feed Enzymes Market Revenues & Volume, By Liquid, 2021-2031F | 
| 6.2 Latvia Animal Feed Enzymes Market, By Product | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Latvia Animal Feed Enzymes Market Revenues & Volume, By Phytase, 2021-2031F | 
| 6.2.3 Latvia Animal Feed Enzymes Market Revenues & Volume, By Carbohydrase, 2021-2031F | 
| 6.2.4 Latvia Animal Feed Enzymes Market Revenues & Volume, By Protease, 2021-2031F | 
| 6.2.5 Latvia Animal Feed Enzymes Market Revenues & Volume, By Non starch polysaccharides, 2021-2031F | 
| 6.3 Latvia Animal Feed Enzymes Market, By Livestock | 
| 6.3.1 Overview and Analysis | 
| 6.3.2 Latvia Animal Feed Enzymes Market Revenues & Volume, By Poultry, 2021-2031F | 
| 6.3.3 Latvia Animal Feed Enzymes Market Revenues & Volume, By Swine, 2021-2031F | 
| 6.3.4 Latvia Animal Feed Enzymes Market Revenues & Volume, By Ruminant, 2021-2031F | 
| 6.3.5 Latvia Animal Feed Enzymes Market Revenues & Volume, By Aquaculture, 2021-2031F | 
| 6.3.6 Latvia Animal Feed Enzymes Market Revenues & Volume, By Others, 2021-2031F | 
| 7 Latvia Animal Feed Enzymes Market Import-Export Trade Statistics | 
| 7.1 Latvia Animal Feed Enzymes Market Export to Major Countries | 
| 7.2 Latvia Animal Feed Enzymes Market Imports from Major Countries | 
| 8 Latvia Animal Feed Enzymes Market Key Performance Indicators | 
| 8.1 Feed conversion ratio (FCR): Efficiency of feed utilization, indicating the effectiveness of feed enzymes in improving animal growth and performance | 
| 8.2 Average daily gain (ADG) of animals: Reflects the impact of feed enzymes on the growth rate and overall health of animals | 
| 8.3 Enzyme activity levels in feed: Monitoring the concentration and effectiveness of feed enzymes added to animal feed formulations | 
| 8.4 Research and development investment in new enzyme formulations: Indicates the focus on innovation and product development in the animal feed enzymes market | 
| 8.5 Customer satisfaction and retention rates: Reflects the acceptance and efficacy of feed enzymes among livestock farmers, influencing market growth. | 
| 9 Latvia Animal Feed Enzymes Market - Opportunity Assessment | 
| 9.1 Latvia Animal Feed Enzymes Market Opportunity Assessment, By Formulation, 2021 & 2031F | 
| 9.2 Latvia Animal Feed Enzymes Market Opportunity Assessment, By Product, 2021 & 2031F | 
| 9.3 Latvia Animal Feed Enzymes Market Opportunity Assessment, By Livestock, 2021 & 2031F | 
| 10 Latvia Animal Feed Enzymes Market - Competitive Landscape | 
| 10.1 Latvia Animal Feed Enzymes Market Revenue Share, By Companies, 2024 | 
| 10.2 Latvia Animal Feed Enzymes Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 13 Disclaimer |