| Product Code: ETC7904602 | 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 |
The aquafeed enzymes import market in Latvia continued to experience significant growth in 2024, with top exporting countries being Denmark, Lithuania, Germany, Italy, and Poland. The market concentration, as measured by the HHI, intensified from high to very high in 2024. The impressive compound annual growth rate (CAGR) of 18.29% from 2020 to 2024 indicates a strong upward trajectory. Moreover, the growth rate from 2023 to 2024 at 8.28% underscores the sustained momentum in the market. This data suggests a robust demand for aquafeed enzymes in Latvia, with key players dominating the import landscape.

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 Aquafeed Enzymes Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Aquafeed Enzymes Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Aquafeed Enzymes Market - Industry Life Cycle |
3.4 Latvia Aquafeed Enzymes Market - Porter's Five Forces |
3.5 Latvia Aquafeed Enzymes Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Aquafeed Enzymes Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.7 Latvia Aquafeed Enzymes Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 Latvia Aquafeed Enzymes Market Revenues & Volume Share, By Source, 2021 & 2031F |
4 Latvia Aquafeed Enzymes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer demand for sustainable aquaculture practices |
4.2.2 Growing awareness about the benefits of using aquafeed enzymes in improving feed efficiency and reducing environmental impact |
4.2.3 Government initiatives promoting aquaculture industry growth in Latvia |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in aquafeed enzyme production |
4.3.2 Stringent regulations related to the approval of enzyme products in the aquaculture industry |
4.3.3 Competition from alternative feed additives and technologies |
5 Latvia Aquafeed Enzymes Market Trends |
6 Latvia Aquafeed Enzymes Market, By Types |
6.1 Latvia Aquafeed Enzymes Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Aquafeed Enzymes Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Aquafeed Enzymes Market Revenues & Volume, By Phytase, 2021- 2031F |
6.1.4 Latvia Aquafeed Enzymes Market Revenues & Volume, By Protease, 2021- 2031F |
6.1.5 Latvia Aquafeed Enzymes Market Revenues & Volume, By Carbohydrase, 2021- 2031F |
6.1.6 Latvia Aquafeed Enzymes Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Aquafeed Enzymes Market, By Species |
6.2.1 Overview and Analysis |
6.2.2 Latvia Aquafeed Enzymes Market Revenues & Volume, By Fish, 2021- 2031F |
6.2.3 Latvia Aquafeed Enzymes Market Revenues & Volume, By Crustaceans, 2021- 2031F |
6.2.4 Latvia Aquafeed Enzymes Market Revenues & Volume, By Mollusks, 2021- 2031F |
6.3 Latvia Aquafeed Enzymes Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Latvia Aquafeed Enzymes Market Revenues & Volume, By Liquid, 2021- 2031F |
6.3.3 Latvia Aquafeed Enzymes Market Revenues & Volume, By Dry, 2021- 2031F |
6.4 Latvia Aquafeed Enzymes Market, By Source |
6.4.1 Overview and Analysis |
6.4.2 Latvia Aquafeed Enzymes Market Revenues & Volume, By Microorganism, 2021- 2031F |
6.4.3 Latvia Aquafeed Enzymes Market Revenues & Volume, By Plant, 2021- 2031F |
6.4.4 Latvia Aquafeed Enzymes Market Revenues & Volume, By Animal, 2021- 2031F |
7 Latvia Aquafeed Enzymes Market Import-Export Trade Statistics |
7.1 Latvia Aquafeed Enzymes Market Export to Major Countries |
7.2 Latvia Aquafeed Enzymes Market Imports from Major Countries |
8 Latvia Aquafeed Enzymes Market Key Performance Indicators |
8.1 Research and Development investment in new enzyme formulations for aquafeed |
8.2 Adoption rate of aquafeed enzymes among aquaculture farmers in Latvia |
8.3 Environmental impact assessments of aquafeed enzyme usage in aquaculture operations |
9 Latvia Aquafeed Enzymes Market - Opportunity Assessment |
9.1 Latvia Aquafeed Enzymes Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Aquafeed Enzymes Market Opportunity Assessment, By Species, 2021 & 2031F |
9.3 Latvia Aquafeed Enzymes Market Opportunity Assessment, By Form, 2021 & 2031F |
9.4 Latvia Aquafeed Enzymes Market Opportunity Assessment, By Source, 2021 & 2031F |
10 Latvia Aquafeed Enzymes Market - Competitive Landscape |
10.1 Latvia Aquafeed Enzymes Market Revenue Share, By Companies, 2024 |
10.2 Latvia Aquafeed Enzymes Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |