| Product Code: ETC5803091 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s import shipments of extruded snacks saw a notable increase in concentration among top exporting countries in 2024, with Lithuania, Poland, Estonia, Germany, and Czechia leading the way. Despite a high Herfindahl-Hirschman Index (HHI) in 2023, the market remained concentrated in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 7.78%, with a continued growth rate of 4.43% from 2023 to 2024. This growth trend suggests a sustained demand for extruded snacks in Latvia, with key exporting countries playing a significant role in meeting this demand.

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 Extruded Snacks Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Extruded Snacks Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Extruded Snacks Market - Industry Life Cycle |
3.4 Latvia Extruded Snacks Market - Porter's Five Forces |
3.5 Latvia Extruded Snacks Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Extruded Snacks Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.7 Latvia Extruded Snacks Market Revenues & Volume Share, By Manufacturing Method, 2021 & 2031F |
4 Latvia Extruded Snacks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for convenient and on-the-go snack options |
4.2.2 Growing health consciousness among consumers leading to demand for healthier snack alternatives |
4.2.3 Expansion of retail channels and increasing availability of extruded snacks in supermarkets, convenience stores, and online platforms |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Intense competition from other snack categories like potato chips, nuts, and popcorn |
4.3.3 Regulatory constraints related to food safety standards and labeling requirements |
5 Latvia Extruded Snacks Market Trends |
6 Latvia Extruded Snacks Market Segmentations |
6.1 Latvia Extruded Snacks Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Extruded Snacks Market Revenues & Volume, By Simply extruded, 2021-2031F |
6.1.3 Latvia Extruded Snacks Market Revenues & Volume, By Exp, 2021-2031F |
6.1.4 Latvia Extruded Snacks Market Revenues & Volume, By ed, 2021-2031F |
6.1.5 Latvia Extruded Snacks Market Revenues & Volume, By Co-extruded, 2021-2031F |
6.2 Latvia Extruded Snacks Market, By Raw Material |
6.2.1 Overview and Analysis |
6.2.2 Latvia Extruded Snacks Market Revenues & Volume, By Wheat, 2021-2031F |
6.2.3 Latvia Extruded Snacks Market Revenues & Volume, By Potato, 2021-2031F |
6.2.4 Latvia Extruded Snacks Market Revenues & Volume, By Corn, 2021-2031F |
6.2.5 Latvia Extruded Snacks Market Revenues & Volume, By Oats, 2021-2031F |
6.2.6 Latvia Extruded Snacks Market Revenues & Volume, By Rice, 2021-2031F |
6.2.7 Latvia Extruded Snacks Market Revenues & Volume, By Multigrain, 2021-2031F |
6.3 Latvia Extruded Snacks Market, By Manufacturing Method |
6.3.1 Overview and Analysis |
6.3.2 Latvia Extruded Snacks Market Revenues & Volume, By Single-screw, 2021-2031F |
6.3.3 Latvia Extruded Snacks Market Revenues & Volume, By Twin-screw, 2021-2031F |
7 Latvia Extruded Snacks Market Import-Export Trade Statistics |
7.1 Latvia Extruded Snacks Market Export to Major Countries |
7.2 Latvia Extruded Snacks Market Imports from Major Countries |
8 Latvia Extruded Snacks Market Key Performance Indicators |
8.1 Consumer engagement metrics such as social media interactions, website traffic, and online reviews |
8.2 New product development rate to gauge innovation and response to changing consumer preferences |
8.3 Distribution network expansion metrics like number of new retail partnerships and geographic coverage |
8.4 Consumer satisfaction and loyalty metrics through surveys, repeat purchase rates, and customer retention ratios |
9 Latvia Extruded Snacks Market - Opportunity Assessment |
9.1 Latvia Extruded Snacks Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Extruded Snacks Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.3 Latvia Extruded Snacks Market Opportunity Assessment, By Manufacturing Method, 2021 & 2031F |
10 Latvia Extruded Snacks Market - Competitive Landscape |
10.1 Latvia Extruded Snacks Market Revenue Share, By Companies, 2024 |
10.2 Latvia Extruded Snacks 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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