| Product Code: ETC7911718 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The functional confectionery import market in Latvia continued to thrive in 2024, with key suppliers including Metropolitan France, Poland, Estonia, Lithuania, and Germany. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive compound annual growth rate (CAGR) of 22.67% from 2020 to 2024 underscores the sector`s robust expansion. Notably, the growth rate spiked to 37.13% from 2023 to 2024, suggesting increasing demand for functional confectionery products in Latvia. This data signifies a promising outlook for the industry and highlights the importance of these key exporting countries in driving market dynamics.

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 Functional Confectionery Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Functional Confectionery Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Functional Confectionery Market - Industry Life Cycle |
3.4 Latvia Functional Confectionery Market - Porter's Five Forces |
3.5 Latvia Functional Confectionery Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.6 Latvia Functional Confectionery Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Latvia Functional Confectionery Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.8 Latvia Functional Confectionery Market Revenues & Volume Share, By Ingredients, 2021 & 2031F |
3.9 Latvia Functional Confectionery Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.10 Latvia Functional Confectionery Market Revenues & Volume Share, By Distribution channel, 2021 & 2031F |
4 Latvia Functional Confectionery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Functional Confectionery Market Trends |
6 Latvia Functional Confectionery Market, By Types |
6.1 Latvia Functional Confectionery Market, By Nature |
6.1.1 Overview and Analysis |
6.1.2 Latvia Functional Confectionery Market Revenues & Volume, By Nature, 2021- 2031F |
6.1.3 Latvia Functional Confectionery Market Revenues & Volume, By Organic, 2021- 2031F |
6.1.4 Latvia Functional Confectionery Market Revenues & Volume, By Conventional, 2021- 2031F |
6.2 Latvia Functional Confectionery Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Functional Confectionery Market Revenues & Volume, By Sugar Confectionery, 2021- 2031F |
6.2.3 Latvia Functional Confectionery Market Revenues & Volume, By Chewing gums, 2021- 2031F |
6.2.4 Latvia Functional Confectionery Market Revenues & Volume, By Hard candy, 2021- 2031F |
6.2.5 Latvia Functional Confectionery Market Revenues & Volume, By Boiled candy, 2021- 2031F |
6.2.6 Latvia Functional Confectionery Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Latvia Functional Confectionery Market, By Function |
6.3.1 Overview and Analysis |
6.3.2 Latvia Functional Confectionery Market Revenues & Volume, By Cognitive Wellness, 2021- 2031F |
6.3.3 Latvia Functional Confectionery Market Revenues & Volume, By Performance Enhancers, 2021- 2031F |
6.3.4 Latvia Functional Confectionery Market Revenues & Volume, By Wellness Enhancers, 2021- 2031F |
6.3.5 Latvia Functional Confectionery Market Revenues & Volume, By Oral Care, 2021- 2031F |
6.3.6 Latvia Functional Confectionery Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Latvia Functional Confectionery Market, By Ingredients |
6.4.1 Overview and Analysis |
6.4.2 Latvia Functional Confectionery Market Revenues & Volume, By Protein, 2021- 2031F |
6.4.3 Latvia Functional Confectionery Market Revenues & Volume, By Omega 3 and Omega 6, 2021- 2031F |
6.4.4 Latvia Functional Confectionery Market Revenues & Volume, By Vitamins and Minerals, 2021- 2031F |
6.4.5 Latvia Functional Confectionery Market Revenues & Volume, By Probiotics, 2021- 2031F |
6.4.6 Latvia Functional Confectionery Market Revenues & Volume, By Others, 2021- 2031F |
6.5 Latvia Functional Confectionery Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Latvia Functional Confectionery Market Revenues & Volume, By Children, 2021- 2031F |
6.5.3 Latvia Functional Confectionery Market Revenues & Volume, By Middle Age, 2021- 2031F |
6.5.4 Latvia Functional Confectionery Market Revenues & Volume, By Senior, 2021- 2031F |
6.5.5 Latvia Functional Confectionery Market Revenues & Volume, By Youth, 2021- 2031F |
6.6 Latvia Functional Confectionery Market, By Distribution channel |
6.6.1 Overview and Analysis |
6.6.2 Latvia Functional Confectionery Market Revenues & Volume, By Direct sales, 2021- 2031F |
6.6.3 Latvia Functional Confectionery Market Revenues & Volume, By Gyms, 2021- 2031F |
6.6.4 Latvia Functional Confectionery Market Revenues & Volume, By Health clubs, 2021- 2031F |
6.6.5 Latvia Functional Confectionery Market Revenues & Volume, By Institutions, 2021- 2031F |
6.6.6 Latvia Functional Confectionery Market Revenues & Volume, By Others, 2021- 2031F |
6.6.7 Latvia Functional Confectionery Market Revenues & Volume, By Indirect sales, 2021- 2031F |
7 Latvia Functional Confectionery Market Import-Export Trade Statistics |
7.1 Latvia Functional Confectionery Market Export to Major Countries |
7.2 Latvia Functional Confectionery Market Imports from Major Countries |
8 Latvia Functional Confectionery Market Key Performance Indicators |
9 Latvia Functional Confectionery Market - Opportunity Assessment |
9.1 Latvia Functional Confectionery Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.2 Latvia Functional Confectionery Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Latvia Functional Confectionery Market Opportunity Assessment, By Function, 2021 & 2031F |
9.4 Latvia Functional Confectionery Market Opportunity Assessment, By Ingredients, 2021 & 2031F |
9.5 Latvia Functional Confectionery Market Opportunity Assessment, By Application, 2021 & 2031F |
9.6 Latvia Functional Confectionery Market Opportunity Assessment, By Distribution channel, 2021 & 2031F |
10 Latvia Functional Confectionery Market - Competitive Landscape |
10.1 Latvia Functional Confectionery Market Revenue Share, By Companies, 2024 |
10.2 Latvia Functional Confectionery 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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