| Product Code: ETC11877493 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Latvia`s import of enteric empty capsules in 2024 saw a steady growth rate, with key exporters being Lithuania, Netherlands, Switzerland, Poland, and Germany. The market remained competitive with low concentration according to the Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 8.59%, indicating a healthy market expansion. The growth rate from 2023 to 2024 stood at 7.02%, reflecting sustained momentum in the importation of enteric empty capsules into Latvia.

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 Enteric Empty Capsules Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Enteric Empty Capsules Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Enteric Empty Capsules Market - Industry Life Cycle |
3.4 Latvia Enteric Empty Capsules Market - Porter's Five Forces |
3.5 Latvia Enteric Empty Capsules Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Enteric Empty Capsules Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Enteric Empty Capsules Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Latvia Enteric Empty Capsules Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.9 Latvia Enteric Empty Capsules Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Enteric Empty Capsules Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for enteric capsules as they help protect sensitive ingredients from stomach acid and improve their absorption in the intestines. |
4.2.2 Growing awareness among consumers about the benefits of enteric capsules for targeted drug delivery and reducing gastrointestinal side effects. |
4.2.3 Rising prevalence of gastrointestinal disorders and diseases, leading to higher demand for enteric capsules as a delivery method for medications. |
4.3 Market Restraints |
4.3.1 Stringent regulatory requirements and approval processes for pharmaceutical products, including enteric capsules, may hinder market growth. |
4.3.2 Limited availability of raw materials for manufacturing enteric capsules, leading to supply chain challenges and potential cost implications. |
5 Latvia Enteric Empty Capsules Market Trends |
6 Latvia Enteric Empty Capsules Market, By Types |
6.1 Latvia Enteric Empty Capsules Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Enteric Empty Capsules Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Latvia Enteric Empty Capsules Market Revenues & Volume, By Gelatin Capsules, 2021 - 2031F |
6.1.4 Latvia Enteric Empty Capsules Market Revenues & Volume, By HPMC Capsules, 2021 - 2031F |
6.1.5 Latvia Enteric Empty Capsules Market Revenues & Volume, By Starch Capsules, 2021 - 2031F |
6.1.6 Latvia Enteric Empty Capsules Market Revenues & Volume, By Pullulan Capsules, 2021 - 2031F |
6.2 Latvia Enteric Empty Capsules Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Enteric Empty Capsules Market Revenues & Volume, By Drug Delivery, 2021 - 2031F |
6.2.3 Latvia Enteric Empty Capsules Market Revenues & Volume, By Nutraceuticals, 2021 - 2031F |
6.2.4 Latvia Enteric Empty Capsules Market Revenues & Volume, By Clinical Trials, 2021 - 2031F |
6.2.5 Latvia Enteric Empty Capsules Market Revenues & Volume, By Probiotic Supplements, 2021 - 2031F |
6.3 Latvia Enteric Empty Capsules Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Enteric Empty Capsules Market Revenues & Volume, By Pharmaceutical Companies, 2021 - 2031F |
6.3.3 Latvia Enteric Empty Capsules Market Revenues & Volume, By Nutraceutical Firms, 2021 - 2031F |
6.3.4 Latvia Enteric Empty Capsules Market Revenues & Volume, By Contract Research Organizations, 2021 - 2031F |
6.3.5 Latvia Enteric Empty Capsules Market Revenues & Volume, By Research Institutes, 2021 - 2031F |
6.4 Latvia Enteric Empty Capsules Market, By Material |
6.4.1 Overview and Analysis |
6.4.2 Latvia Enteric Empty Capsules Market Revenues & Volume, By Bovine Gelatin, 2021 - 2031F |
6.4.3 Latvia Enteric Empty Capsules Market Revenues & Volume, By Hydroxypropyl Methylcellulose, 2021 - 2031F |
6.4.4 Latvia Enteric Empty Capsules Market Revenues & Volume, By Starch-Based Polymers, 2021 - 2031F |
6.4.5 Latvia Enteric Empty Capsules Market Revenues & Volume, By Plant-Based, 2021 - 2031F |
6.5 Latvia Enteric Empty Capsules Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Latvia Enteric Empty Capsules Market Revenues & Volume, By Direct Sales, 2021 - 2031F |
6.5.3 Latvia Enteric Empty Capsules Market Revenues & Volume, By Hospital Pharmacies, 2021 - 2031F |
6.5.4 Latvia Enteric Empty Capsules Market Revenues & Volume, By Specialty Pharmacies, 2021 - 2031F |
6.5.5 Latvia Enteric Empty Capsules Market Revenues & Volume, By Online Retail, 2021 - 2031F |
7 Latvia Enteric Empty Capsules Market Import-Export Trade Statistics |
7.1 Latvia Enteric Empty Capsules Market Export to Major Countries |
7.2 Latvia Enteric Empty Capsules Market Imports from Major Countries |
8 Latvia Enteric Empty Capsules Market Key Performance Indicators |
8.1 Number of new product launches in the enteric capsules segment, indicating innovation and market growth. |
8.2 Percentage of pharmaceutical companies incorporating enteric capsules in their product portfolios, reflecting industry adoption and market penetration. |
8.3 Investment in research and development for enteric capsule technology, showcasing commitment to product improvement and market expansion. |
9 Latvia Enteric Empty Capsules Market - Opportunity Assessment |
9.1 Latvia Enteric Empty Capsules Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Enteric Empty Capsules Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Enteric Empty Capsules Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Latvia Enteric Empty Capsules Market Opportunity Assessment, By Material, 2021 & 2031F |
9.5 Latvia Enteric Empty Capsules Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Enteric Empty Capsules Market - Competitive Landscape |
10.1 Latvia Enteric Empty Capsules Market Revenue Share, By Companies, 2024 |
10.2 Latvia Enteric Empty Capsules 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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