| Product Code: ETC7904600 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia continued to rely on imports for aquaculture vaccines, with top suppliers being Metropolitan France, Germany, Lithuania, Poland, and the USA. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a strong compound annual growth rate (CAGR) of 43.42% from 2020-24, there was a notable decline in growth rate in 2024 (-57.01%). This suggests potential shifts in the market dynamics or challenges faced by the industry. Stakeholders should monitor these trends closely for strategic decision-making.

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 Aquaculture Vaccines Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Aquaculture Vaccines Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Aquaculture Vaccines Market - Industry Life Cycle |
3.4 Latvia Aquaculture Vaccines Market - Porter's Five Forces |
3.5 Latvia Aquaculture Vaccines Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Aquaculture Vaccines Market Revenues & Volume Share, By Route of Administration, 2021 & 2031F |
3.7 Latvia Aquaculture Vaccines Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Aquaculture Vaccines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for safe and sustainable aquaculture practices |
4.2.2 Rising focus on disease prevention in aquaculture industry |
4.2.3 Government initiatives promoting aquaculture sector growth in Latvia |
4.3 Market Restraints |
4.3.1 Stringent regulations and approval processes for aquaculture vaccines |
4.3.2 High research and development costs associated with vaccine development |
4.3.3 Limited awareness and adoption of aquaculture vaccines among farmers |
5 Latvia Aquaculture Vaccines Market Trends |
6 Latvia Aquaculture Vaccines Market, By Types |
6.1 Latvia Aquaculture Vaccines Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Aquaculture Vaccines Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia Aquaculture Vaccines Market Revenues & Volume, By Attenuated Live Vaccines, 2021- 2031F |
6.1.4 Latvia Aquaculture Vaccines Market Revenues & Volume, By Inactivated Vaccines, 2021- 2031F |
6.1.5 Latvia Aquaculture Vaccines Market Revenues & Volume, By Subunit Vaccines, 2021- 2031F |
6.1.6 Latvia Aquaculture Vaccines Market Revenues & Volume, By DNA Vaccines, 2021- 2031F |
6.1.7 Latvia Aquaculture Vaccines Market Revenues & Volume, By Recombinant Vaccines, 2021- 2031F |
6.2 Latvia Aquaculture Vaccines Market, By Route of Administration |
6.2.1 Overview and Analysis |
6.2.2 Latvia Aquaculture Vaccines Market Revenues & Volume, By Oral, 2021- 2031F |
6.2.3 Latvia Aquaculture Vaccines Market Revenues & Volume, By Injected, 2021- 2031F |
6.2.4 Latvia Aquaculture Vaccines Market Revenues & Volume, By Immersion & Spray, 2021- 2031F |
6.3 Latvia Aquaculture Vaccines Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Aquaculture Vaccines Market Revenues & Volume, By Bacterial, 2021- 2031F |
6.3.3 Latvia Aquaculture Vaccines Market Revenues & Volume, By Viral, 2021- 2031F |
6.3.4 Latvia Aquaculture Vaccines Market Revenues & Volume, By Parasitic, 2021- 2031F |
7 Latvia Aquaculture Vaccines Market Import-Export Trade Statistics |
7.1 Latvia Aquaculture Vaccines Market Export to Major Countries |
7.2 Latvia Aquaculture Vaccines Market Imports from Major Countries |
8 Latvia Aquaculture Vaccines Market Key Performance Indicators |
8.1 Average vaccination coverage rate in Latvia aquaculture sector |
8.2 Number of new vaccine formulations developed and introduced to the market |
8.3 Percentage of aquaculture farms using vaccines for disease prevention |
9 Latvia Aquaculture Vaccines Market - Opportunity Assessment |
9.1 Latvia Aquaculture Vaccines Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Aquaculture Vaccines Market Opportunity Assessment, By Route of Administration, 2021 & 2031F |
9.3 Latvia Aquaculture Vaccines Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Aquaculture Vaccines Market - Competitive Landscape |
10.1 Latvia Aquaculture Vaccines Market Revenue Share, By Companies, 2024 |
10.2 Latvia Aquaculture Vaccines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |