| Product Code: ETC13051765 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Latvia continued to rely on neighboring countries such as Lithuania, Estonia, Poland, and Germany for its packaged bread imports, with Ukraine also playing a significant role. The high concentration of the Herfindahl-Hirschman Index (HHI) indicates a market dominated by a few key players. The impressive compound annual growth rate (CAGR) of 20.89% from 2020 to 2024 highlights the growing demand for imported packaged bread in Latvia. Although the growth rate slightly slowed to 2.62% in 2024 compared to the previous year, the market remains dynamic and offers opportunities for both domestic and international players.

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 Packaged Bread Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Packaged Bread Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Packaged Bread Market - Industry Life Cycle |
3.4 Latvia Packaged Bread Market - Porter's Five Forces |
3.5 Latvia Packaged Bread Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Packaged Bread Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Latvia Packaged Bread Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Latvia Packaged Bread Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Packaged Bread Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for convenience and ready-to-eat products |
4.2.2 Growth in urbanization leading to higher demand for packaged food products |
4.2.3 Rising health consciousness among consumers driving demand for fortified and healthy bread options |
4.3 Market Restraints |
4.3.1 Price sensitivity among consumers impacting purchasing decisions |
4.3.2 Competition from artisanal and freshly baked bread offerings |
4.3.3 Fluctuations in raw material costs affecting product pricing |
5 Latvia Packaged Bread Market Trends |
6 Latvia Packaged Bread Market, By Types |
6.1 Latvia Packaged Bread Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Packaged Bread Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Packaged Bread Market Revenues & Volume, By White Bread, 2021 - 2031F |
6.1.4 Latvia Packaged Bread Market Revenues & Volume, By Whole Wheat Bread, 2021 - 2031F |
6.1.5 Latvia Packaged Bread Market Revenues & Volume, By Multigrain Bread, 2021 - 2031F |
6.1.6 Latvia Packaged Bread Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Latvia Packaged Bread Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Packaged Bread Market Revenues & Volume, By Sliced Bread, 2021 - 2031F |
6.2.3 Latvia Packaged Bread Market Revenues & Volume, By Baguettes, 2021 - 2031F |
6.2.4 Latvia Packaged Bread Market Revenues & Volume, By Sandwich Rolls, 2021 - 2031F |
6.3 Latvia Packaged Bread Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Packaged Bread Market Revenues & Volume, By Supermarkets, 2021 - 2031F |
6.3.3 Latvia Packaged Bread Market Revenues & Volume, By Convenience Stores, 2021 - 2031F |
6.3.4 Latvia Packaged Bread Market Revenues & Volume, By Online Stores, 2021 - 2031F |
6.4 Latvia Packaged Bread Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Latvia Packaged Bread Market Revenues & Volume, By Retail, 2021 - 2031F |
6.4.3 Latvia Packaged Bread Market Revenues & Volume, By Food Service, 2021 - 2031F |
6.4.4 Latvia Packaged Bread Market Revenues & Volume, By E-Commerce, 2021 - 2031F |
7 Latvia Packaged Bread Market Import-Export Trade Statistics |
7.1 Latvia Packaged Bread Market Export to Major Countries |
7.2 Latvia Packaged Bread Market Imports from Major Countries |
8 Latvia Packaged Bread Market Key Performance Indicators |
8.1 Percentage of households purchasing packaged bread regularly |
8.2 Growth in demand for gluten-free or whole grain packaged bread options |
8.3 Number of new product launches in the packaged bread market |
8.4 Consumer satisfaction and repeat purchase rate for packaged bread products |
8.5 Adoption rate of online and mobile platforms for purchasing packaged bread |
9 Latvia Packaged Bread Market - Opportunity Assessment |
9.1 Latvia Packaged Bread Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Packaged Bread Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Latvia Packaged Bread Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Latvia Packaged Bread Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Packaged Bread Market - Competitive Landscape |
10.1 Latvia Packaged Bread Market Revenue Share, By Companies, 2024 |
10.2 Latvia Packaged Bread 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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