| Product Code: ETC4995667 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
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 Edible Insects Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Edible Insects Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Edible Insects Market - Industry Life Cycle |
3.4 Latvia Edible Insects Market - Porter's Five Forces |
3.5 Latvia Edible Insects Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Edible Insects Market Revenues & Volume Share, By Insect Type, 2021 & 2031F |
3.7 Latvia Edible Insects Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Edible Insects Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Latvia Edible Insects Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the nutritional benefits of edible insects |
4.2.2 Growing demand for sustainable protein sources |
4.2.3 Rise in popularity of entomophagy (consumption of insects) |
4.2.4 Government initiatives promoting insect farming and consumption |
4.3 Market Restraints |
4.3.1 Perception challenges related to the acceptance of insects as food |
4.3.2 Regulatory hurdles and lack of clear guidelines for edible insect production |
4.3.3 Limited availability and high production costs of edible insects |
5 Latvia Edible Insects Market Trends |
6 Latvia Edible Insects Market Segmentations |
6.1 Latvia Edible Insects Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Edible Insects Market Revenues & Volume, By Whole Insects, 2021-2031F |
6.1.3 Latvia Edible Insects Market Revenues & Volume, By Insect Powder, 2021-2031F |
6.1.4 Latvia Edible Insects Market Revenues & Volume, By Insect Meal, 2021-2031F |
6.1.5 Latvia Edible Insects Market Revenues & Volume, By Insect Oil, 2021-2031F |
6.2 Latvia Edible Insects Market, By Insect Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Edible Insects Market Revenues & Volume, By Crickets, 2021-2031F |
6.2.3 Latvia Edible Insects Market Revenues & Volume, By Black Soldier Flies, 2021-2031F |
6.2.4 Latvia Edible Insects Market Revenues & Volume, By Mealworms, 2021-2031F |
6.2.5 Latvia Edible Insects Market Revenues & Volume, By Buffalo Worms, 2021-2031F |
6.2.6 Latvia Edible Insects Market Revenues & Volume, By Grasshoppers, 2021-2031F |
6.2.7 Latvia Edible Insects Market Revenues & Volume, By Ants, 2021-2031F |
6.2.8 Latvia Edible Insects Market Revenues & Volume, By Other Edible Insects, 2021-2031F |
6.2.9 Latvia Edible Insects Market Revenues & Volume, By Other Edible Insects, 2021-2031F |
6.3 Latvia Edible Insects Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Edible Insects Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.3.3 Latvia Edible Insects Market Revenues & Volume, By Feed, 2021-2031F |
6.4 Latvia Edible Insects Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Latvia Edible Insects Market Revenues & Volume, By Human Consumption, 2021-2031F |
6.4.3 Latvia Edible Insects Market Revenues & Volume, By Animal Nutrition, 2021-2031F |
7 Latvia Edible Insects Market Import-Export Trade Statistics |
7.1 Latvia Edible Insects Market Export to Major Countries |
7.2 Latvia Edible Insects Market Imports from Major Countries |
8 Latvia Edible Insects Market Key Performance Indicators |
8.1 Consumer acceptance rate of edible insects in Latvia |
8.2 Number of insect farms and production capacity in the country |
8.3 Investment in research and development of new insect-based products |
8.4 Percentage of food products containing insect ingredients in the market |
8.5 Environmental impact assessment of insect farming practices |
9 Latvia Edible Insects Market - Opportunity Assessment |
9.1 Latvia Edible Insects Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Edible Insects Market Opportunity Assessment, By Insect Type, 2021 & 2031F |
9.3 Latvia Edible Insects Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Edible Insects Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Latvia Edible Insects Market - Competitive Landscape |
10.1 Latvia Edible Insects Market Revenue Share, By Companies, 2024 |
10.2 Latvia Edible Insects 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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