| Product Code: ETC7905768 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The bakery ingredient import market in Latvia saw significant growth in 2024, with top exporters being Lithuania, Germany, Denmark, Belgium, and Poland. The shift from low to moderate concentration in the HHI indicates a changing competitive landscape. The impressive CAGR of 34.71% from 2020 to 2024 underscores the increasing demand for bakery ingredients in Latvia. Moreover, the growth rate of 16.64% from 2023 to 2024 suggests a strong momentum in the market. Overall, these trends indicate a thriving market for bakery ingredients in Latvia with diverse import sources driving growth.

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 Bakery Ingredient Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Bakery Ingredient Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Bakery Ingredient Market - Industry Life Cycle |
3.4 Latvia Bakery Ingredient Market - Porter's Five Forces |
3.5 Latvia Bakery Ingredient Market Revenues & Volume Share, By Ingredient Type, 2021 & 2031F |
3.6 Latvia Bakery Ingredient Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Bakery Ingredient Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer demand for healthier and artisanal bakery products |
4.2.2 Growth in the foodservice industry leading to higher demand for bakery ingredients |
4.2.3 Innovation in product offerings and flavors by bakery ingredient manufacturers |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as wheat, sugar, and dairy impacting ingredient costs |
4.3.2 Stringent government regulations and standards for food safety and labeling |
4.3.3 Competition from substitute products like premade bakery mixes and frozen baked goods |
5 Latvia Bakery Ingredient Market Trends |
6 Latvia Bakery Ingredient Market, By Types |
6.1 Latvia Bakery Ingredient Market, By Ingredient Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Bakery Ingredient Market Revenues & Volume, By Ingredient Type, 2021- 2031F |
6.1.3 Latvia Bakery Ingredient Market Revenues & Volume, By Sweetener, 2021- 2031F |
6.1.4 Latvia Bakery Ingredient Market Revenues & Volume, By Dairy Ingredients, 2021- 2031F |
6.1.5 Latvia Bakery Ingredient Market Revenues & Volume, By Leavening Agents, 2021- 2031F |
6.1.6 Latvia Bakery Ingredient Market Revenues & Volume, By Emulsifier, 2021- 2031F |
6.1.7 Latvia Bakery Ingredient Market Revenues & Volume, By Preservative, 2021- 2031F |
6.1.8 Latvia Bakery Ingredient Market Revenues & Volume, By Baking Enzyme, 2021- 2031F |
6.1.9 Latvia Bakery Ingredient Market Revenues & Volume, By Others, 2021- 2031F |
6.1.10 Latvia Bakery Ingredient Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Bakery Ingredient Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Bakery Ingredient Market Revenues & Volume, By Bread, 2021- 2031F |
6.2.3 Latvia Bakery Ingredient Market Revenues & Volume, By Cakes and Pastries, 2021- 2031F |
6.2.4 Latvia Bakery Ingredient Market Revenues & Volume, By Rolls and Pie, 2021- 2031F |
6.2.5 Latvia Bakery Ingredient Market Revenues & Volume, By Cookies and Biscuits, 2021- 2031F |
6.2.6 Latvia Bakery Ingredient Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Bakery Ingredient Market Import-Export Trade Statistics |
7.1 Latvia Bakery Ingredient Market Export to Major Countries |
7.2 Latvia Bakery Ingredient Market Imports from Major Countries |
8 Latvia Bakery Ingredient Market Key Performance Indicators |
8.1 Consumer satisfaction scores for bakery products made using specific ingredients |
8.2 Number of new product launches and innovations in the bakery ingredient market |
8.3 Percentage of bakery ingredient sales attributed to premium or specialty products |
9 Latvia Bakery Ingredient Market - Opportunity Assessment |
9.1 Latvia Bakery Ingredient Market Opportunity Assessment, By Ingredient Type, 2021 & 2031F |
9.2 Latvia Bakery Ingredient Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Bakery Ingredient Market - Competitive Landscape |
10.1 Latvia Bakery Ingredient Market Revenue Share, By Companies, 2024 |
10.2 Latvia Bakery Ingredient Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |