| Product Code: ETC11733109 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The import shipments of digestive enzymes to Latvia have shown significant growth, with a high concentration of imports coming from Denmark, Lithuania, Germany, Italy, and Poland in 2024. The market experienced a very high concentration compared to the previous year, indicating strong dominance by these top exporting countries. The compound annual growth rate (CAGR) from 2020 to 2024 was notable at 18.29%, with a continued growth rate of 8.28% from 2023 to 2024. This trend suggests a growing demand for digestive enzymes in Latvia, reflecting potential opportunities for market 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 Digestive Enzyme Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Digestive Enzyme Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Digestive Enzyme Market - Industry Life Cycle |
3.4 Latvia Digestive Enzyme Market - Porter's Five Forces |
3.5 Latvia Digestive Enzyme Market Revenues & Volume Share, By Origin, 2021 & 2031F |
3.6 Latvia Digestive Enzyme Market Revenues & Volume Share, By Enzyme Type, 2021 & 2031F |
3.7 Latvia Digestive Enzyme Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Digestive Enzyme Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Digestive Enzyme Market Trends |
6 Latvia Digestive Enzyme Market, By Types |
6.1 Latvia Digestive Enzyme Market, By Origin |
6.1.1 Overview and Analysis |
6.1.2 Latvia Digestive Enzyme Market Revenues & Volume, By Origin, 2021 - 2031F |
6.1.3 Latvia Digestive Enzyme Market Revenues & Volume, By Animal, 2021 - 2031F |
6.1.4 Latvia Digestive Enzyme Market Revenues & Volume, By Microbial, 2021 - 2031F |
6.1.5 Latvia Digestive Enzyme Market Revenues & Volume, By Plant, 2021 - 2031F |
6.2 Latvia Digestive Enzyme Market, By Enzyme Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Digestive Enzyme Market Revenues & Volume, By Carbohydrase, 2021 - 2031F |
6.2.3 Latvia Digestive Enzyme Market Revenues & Volume, By Protease, 2021 - 2031F |
6.2.4 Latvia Digestive Enzyme Market Revenues & Volume, By Lipase, 2021 - 2031F |
6.2.5 Latvia Digestive Enzyme Market Revenues & Volume, By Other Enzyme Types, 2021 - 2031F |
6.3 Latvia Digestive Enzyme Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Digestive Enzyme Market Revenues & Volume, By Prescription Medicine, 2021 - 2031F |
6.3.3 Latvia Digestive Enzyme Market Revenues & Volume, By Sports Nutrition, 2021 - 2031F |
6.3.4 Latvia Digestive Enzyme Market Revenues & Volume, By Infant Nutrition, 2021 - 2031F |
7 Latvia Digestive Enzyme Market Import-Export Trade Statistics |
7.1 Latvia Digestive Enzyme Market Export to Major Countries |
7.2 Latvia Digestive Enzyme Market Imports from Major Countries |
8 Latvia Digestive Enzyme Market Key Performance Indicators |
9 Latvia Digestive Enzyme Market - Opportunity Assessment |
9.1 Latvia Digestive Enzyme Market Opportunity Assessment, By Origin, 2021 & 2031F |
9.2 Latvia Digestive Enzyme Market Opportunity Assessment, By Enzyme Type, 2021 & 2031F |
9.3 Latvia Digestive Enzyme Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Digestive Enzyme Market - Competitive Landscape |
10.1 Latvia Digestive Enzyme Market Revenue Share, By Companies, 2024 |
10.2 Latvia Digestive Enzyme Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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