| Product Code: ETC7915526 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import of microbial proteins in Latvia saw a significant concentration from top exporting countries such as Belgium, Lithuania, Germany, UK, and Metropolitan France in 2024. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry experienced steady growth with a Compound Annual Growth Rate (CAGR) of 3.26% from 2020 to 2024. However, there was a notable decline in growth rate from 2023 to 2024, reflecting a challenging year for the market. Monitoring these trends and the influence of key exporting countries will be crucial for stakeholders in the microbial proteins industry.

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 Microbial Proteins Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Microbial Proteins Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Microbial Proteins Market - Industry Life Cycle |
3.4 Latvia Microbial Proteins Market - Porter's Five Forces |
3.5 Latvia Microbial Proteins Market Revenues & Volume Share, By Protein Type, 2021 & 2031F |
3.6 Latvia Microbial Proteins Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Latvia Microbial Proteins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the benefits of microbial proteins as sustainable and environmentally friendly sources of nutrition |
4.2.2 Growing demand for alternative protein sources due to concerns about animal welfare and sustainability |
4.2.3 Government initiatives promoting the use of microbial proteins in food and feed industries |
4.3 Market Restraints |
4.3.1 High production costs associated with microbial proteins compared to traditional protein sources |
4.3.2 Consumer perception and acceptance of microbial proteins as a viable and palatable food source |
4.3.3 Lack of established regulations and standards for microbial protein production and consumption |
5 Latvia Microbial Proteins Market Trends |
6 Latvia Microbial Proteins Market, By Types |
6.1 Latvia Microbial Proteins Market, By Protein Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Microbial Proteins Market Revenues & Volume, By Protein Type, 2021- 2031F |
6.1.3 Latvia Microbial Proteins Market Revenues & Volume, By Algae Protein, 2021- 2031F |
6.1.4 Latvia Microbial Proteins Market Revenues & Volume, By Mycoprotein, 2021- 2031F |
6.2 Latvia Microbial Proteins Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 Latvia Microbial Proteins Market Revenues & Volume, By Food and Beverages, 2021- 2031F |
6.2.3 Latvia Microbial Proteins Market Revenues & Volume, By Dairy Alternative Products, 2021- 2031F |
6.2.4 Latvia Microbial Proteins Market Revenues & Volume, By Meat Alternative Products, 2021- 2031F |
7 Latvia Microbial Proteins Market Import-Export Trade Statistics |
7.1 Latvia Microbial Proteins Market Export to Major Countries |
7.2 Latvia Microbial Proteins Market Imports from Major Countries |
8 Latvia Microbial Proteins Market Key Performance Indicators |
8.1 Research and development investment in microbial protein technology and innovations |
8.2 Number of new product launches containing microbial proteins in the market |
8.3 Percentage of food and feed companies incorporating microbial proteins in their product portfolios |
9 Latvia Microbial Proteins Market - Opportunity Assessment |
9.1 Latvia Microbial Proteins Market Opportunity Assessment, By Protein Type, 2021 & 2031F |
9.2 Latvia Microbial Proteins Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Latvia Microbial Proteins Market - Competitive Landscape |
10.1 Latvia Microbial Proteins Market Revenue Share, By Companies, 2024 |
10.2 Latvia Microbial Proteins 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.
To discover high-growth global markets and optimize your business strategy:
Click Here