| Product Code: ETC7916896 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s nutritive supplements import market continued to show steady growth in 2024, with key supplier countries including Lithuania, Poland, Netherlands, Ukraine, and Germany. The market remained competitive with a low concentration level, indicating a diverse range of suppliers. The compound annual growth rate (CAGR) from 2020 to 2024 was a healthy 6.24%, while the growth rate from 2023 to 2024 accelerated to an impressive 12.4%. This data suggests a positive outlook for the industry, driven by increasing demand for nutritive supplements in 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 Nutritive Supplements Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Nutritive Supplements Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Nutritive Supplements Market - Industry Life Cycle |
3.4 Latvia Nutritive Supplements Market - Porter's Five Forces |
3.5 Latvia Nutritive Supplements Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Latvia Nutritive Supplements Market Revenues & Volume Share, By Ingredient, 2021 & 2031F |
3.7 Latvia Nutritive Supplements Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.8 Latvia Nutritive Supplements Market Revenues & Volume Share, By Classification, 2021 & 2031F |
3.9 Latvia Nutritive Supplements Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.10 Latvia Nutritive Supplements Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Nutritive Supplements Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing health consciousness among Latvian consumers |
4.2.2 Increasing disposable income leading to higher spending on health and wellness products |
4.2.3 Rising trend of preventive healthcare practices in Latvia |
4.3 Market Restraints |
4.3.1 Stringent regulations and compliance requirements for nutritive supplements in Latvia |
4.3.2 Limited awareness and education about the benefits of nutritive supplements among the general population |
5 Latvia Nutritive Supplements Market Trends |
6 Latvia Nutritive Supplements Market, By Types |
6.1 Latvia Nutritive Supplements Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Latvia Nutritive Supplements Market Revenues & Volume, By Form, 2021- 2031F |
6.1.3 Latvia Nutritive Supplements Market Revenues & Volume, By Tablets, 2021- 2031F |
6.1.4 Latvia Nutritive Supplements Market Revenues & Volume, By Capsules, 2021- 2031F |
6.1.5 Latvia Nutritive Supplements Market Revenues & Volume, By Powder, 2021- 2031F |
6.1.6 Latvia Nutritive Supplements Market Revenues & Volume, By Liquids, 2021- 2031F |
6.1.7 Latvia Nutritive Supplements Market Revenues & Volume, By Soft Gels, 2021- 2031F |
6.1.8 Latvia Nutritive Supplements Market Revenues & Volume, By Gel Caps, 2021- 2031F |
6.1.9 Latvia Nutritive Supplements Market Revenues & Volume, By Others, 2021- 2031F |
6.1.10 Latvia Nutritive Supplements Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Nutritive Supplements Market, By Ingredient |
6.2.1 Overview and Analysis |
6.2.2 Latvia Nutritive Supplements Market Revenues & Volume, By Vitamin, 2021- 2031F |
6.2.3 Latvia Nutritive Supplements Market Revenues & Volume, By Protein, 2021- 2031F |
6.2.4 Latvia Nutritive Supplements Market Revenues & Volume, By Fatty Acids, 2021- 2031F |
6.2.5 Latvia Nutritive Supplements Market Revenues & Volume, By Botanical, 2021- 2031F |
6.2.6 Latvia Nutritive Supplements Market Revenues & Volume, By Minerals, 2021- 2031F |
6.2.7 Latvia Nutritive Supplements Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Latvia Nutritive Supplements Market, By Product Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Nutritive Supplements Market Revenues & Volume, By Dietary Supplements, 2021- 2031F |
6.3.3 Latvia Nutritive Supplements Market Revenues & Volume, By Sports Supplements, 2021- 2031F |
6.3.4 Latvia Nutritive Supplements Market Revenues & Volume, By Nutritional supplements, 2021- 2031F |
6.3.5 Latvia Nutritive Supplements Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Latvia Nutritive Supplements Market, By Classification |
6.4.1 Overview and Analysis |
6.4.2 Latvia Nutritive Supplements Market Revenues & Volume, By Over-the-counter (OTC), 2021- 2031F |
6.4.3 Latvia Nutritive Supplements Market Revenues & Volume, By Prescription, 2021- 2031F |
6.5 Latvia Nutritive Supplements Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Latvia Nutritive Supplements Market Revenues & Volume, By Hypermarkets and Supermarkets, 2021- 2031F |
6.5.3 Latvia Nutritive Supplements Market Revenues & Volume, By Pharmacy Stores, 2021- 2031F |
6.5.4 Latvia Nutritive Supplements Market Revenues & Volume, By Online Channels, 2021- 2031F |
6.5.5 Latvia Nutritive Supplements Market Revenues & Volume, By Others, 2021- 2031F |
6.6 Latvia Nutritive Supplements Market, By End User |
6.6.1 Overview and Analysis |
6.6.2 Latvia Nutritive Supplements Market Revenues & Volume, By Infants, 2021- 2031F |
6.6.3 Latvia Nutritive Supplements Market Revenues & Volume, By Children, 2021- 2031F |
6.6.4 Latvia Nutritive Supplements Market Revenues & Volume, By Adults, 2021- 2031F |
6.6.5 Latvia Nutritive Supplements Market Revenues & Volume, By Pregnant Women, 2021- 2031F |
6.6.6 Latvia Nutritive Supplements Market Revenues & Volume, By Old-aged, 2021- 2031F |
7 Latvia Nutritive Supplements Market Import-Export Trade Statistics |
7.1 Latvia Nutritive Supplements Market Export to Major Countries |
7.2 Latvia Nutritive Supplements Market Imports from Major Countries |
8 Latvia Nutritive Supplements Market Key Performance Indicators |
8.1 Percentage increase in the number of health and wellness stores stocking nutritive supplements |
8.2 Growth in the number of online searches for nutritive supplements in Latvia |
8.3 Number of health-related events and expos featuring nutritive supplements in the country |
9 Latvia Nutritive Supplements Market - Opportunity Assessment |
9.1 Latvia Nutritive Supplements Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Latvia Nutritive Supplements Market Opportunity Assessment, By Ingredient, 2021 & 2031F |
9.3 Latvia Nutritive Supplements Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.4 Latvia Nutritive Supplements Market Opportunity Assessment, By Classification, 2021 & 2031F |
9.5 Latvia Nutritive Supplements Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.6 Latvia Nutritive Supplements Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Nutritive Supplements Market - Competitive Landscape |
10.1 Latvia Nutritive Supplements Market Revenue Share, By Companies, 2024 |
10.2 Latvia Nutritive Supplements 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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