Latvia Beef Market (2025-2031) | Size, Analysis, Segmentation, Trends, Value, Growth, Share, Outlook, Companies, Industry, Revenue & Forecast

Market Forecast By Beef Cut (Brisket, Shank, Loin, Others), By Beef Slaughter Method (Kosher, Halal, Others) And Competitive Landscape
Product Code: ETC4678595 Publication Date: Nov 2023 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Shubham Padhi No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Latvia Beef Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Latvia continued to see a significant influx of beef imports, with key exporting countries being Lithuania, Poland, Netherlands, Germany, and Estonia. The market exhibited a high concentration with a consistently strong Herfindahl-Hirschman Index (HHI) in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 18.67%, indicating a robust market expansion. Moreover, the growth rate from 2023 to 2024 stood at 10.82%, signaling continued momentum in beef import shipments to Latvia. This data suggests a sustained demand for imported beef in the Latvian market.

Latvia Beef Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Beef Market: Latvia vs Top 5 Major Economies in 2027 (Europe)


In the Europe region, the Beef market in Latvia is projected to expand at a stable growth rate of 3.86% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

Beef Market: Latvia vs Top 5 Major Economies in 2027 (Europe)

Key Highlights of the Report:

  • Latvia Beef Market Outlook
  • Market Size of Latvia Beef Market, 2024
  • Forecast of Latvia Beef Market, 2031
  • Historical Data and Forecast of Latvia Beef Revenues & Volume for the Period 2021-2031
  • Latvia Beef Market Trend Evolution
  • Latvia Beef Market Drivers and Challenges
  • Latvia Beef Price Trends
  • Latvia Beef Porter`s Five Forces
  • Latvia Beef Industry Life Cycle
  • Historical Data and Forecast of Latvia Beef Market Revenues & Volume By Beef Cut for the Period 2021-2031
  • Historical Data and Forecast of Latvia Beef Market Revenues & Volume By Brisket for the Period 2021-2031
  • Historical Data and Forecast of Latvia Beef Market Revenues & Volume By Shank for the Period 2021-2031
  • Historical Data and Forecast of Latvia Beef Market Revenues & Volume By Loin for the Period 2021-2031
  • Historical Data and Forecast of Latvia Beef Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Latvia Beef Market Revenues & Volume By Beef Slaughter Method for the Period 2021-2031
  • Historical Data and Forecast of Latvia Beef Market Revenues & Volume By Kosher for the Period 2021-2031
  • Historical Data and Forecast of Latvia Beef Market Revenues & Volume By Halal for the Period 2021-2031
  • Historical Data and Forecast of Latvia Beef Market Revenues & Volume By Others for the Period 2021-2031
  • Latvia Beef Import Export Trade Statistics
  • Market Opportunity Assessment By Beef Cut
  • Market Opportunity Assessment By Beef Slaughter Method
  • Latvia Beef Top Companies Market Share
  • Latvia Beef Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Beef Company Profiles
  • Latvia Beef Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Beef Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Beef Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Beef Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Beef Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Beef Market - Industry Life Cycle

3.4 Latvia Beef Market - Porter's Five Forces

3.5 Latvia Beef Market Revenues & Volume Share, By Beef Cut, 2021 & 2031F

3.6 Latvia Beef Market Revenues & Volume Share, By Beef Slaughter Method, 2021 & 2031F

4 Latvia Beef Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing consumer awareness about the health benefits of consuming beef products.

4.2.2 Growth in the foodservice industry leading to higher demand for beef products.

4.2.3 Implementation of government initiatives supporting the local beef industry.

4.3 Market Restraints

4.3.1 Fluctuating prices of beef due to market volatility.

4.3.2 Competition from substitute products like poultry and pork.

4.3.3 Regulatory challenges and compliance requirements impacting the beef market.

5 Latvia Beef Market Trends

6 Latvia Beef Market Segmentations

6.1 Latvia Beef Market, By Beef Cut

6.1.1 Overview and Analysis

6.1.2 Latvia Beef Market Revenues & Volume, By Brisket, 2021-2031F

6.1.3 Latvia Beef Market Revenues & Volume, By Shank, 2021-2031F

6.1.4 Latvia Beef Market Revenues & Volume, By Loin, 2021-2031F

6.1.5 Latvia Beef Market Revenues & Volume, By Others, 2021-2031F

6.2 Latvia Beef Market, By Beef Slaughter Method

6.2.1 Overview and Analysis

6.2.2 Latvia Beef Market Revenues & Volume, By Kosher, 2021-2031F

6.2.3 Latvia Beef Market Revenues & Volume, By Halal, 2021-2031F

6.2.4 Latvia Beef Market Revenues & Volume, By Others, 2021-2031F

7 Latvia Beef Market Import-Export Trade Statistics

7.1 Latvia Beef Market Export to Major Countries

7.2 Latvia Beef Market Imports from Major Countries

8 Latvia Beef Market Key Performance Indicators

8.1 Average price per kilogram of beef.

8.2 Consumer sentiment towards beef consumption.

8.3 Number of new beef product launches in the market.

8.4 Adoption rate of technology within the beef supply chain.

8.5 Sustainability practices implemented by beef producers.

9 Latvia Beef Market - Opportunity Assessment

9.1 Latvia Beef Market Opportunity Assessment, By Beef Cut, 2021 & 2031F

9.2 Latvia Beef Market Opportunity Assessment, By Beef Slaughter Method, 2021 & 2031F

10 Latvia Beef Market - Competitive Landscape

10.1 Latvia Beef Market Revenue Share, By Companies, 2024

10.2 Latvia Beef Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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