Latvia Pea Processed Ingredients Market (2025-2031) | Analysis, Growth, Outlook, Size, Revenue, Companies, Value, Segmentation, Share, Forecast, Industry & Trends

Name: Latvia Pea Processed Ingredients Market (2025-2031) | Industry & Value
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy

Market Forecast By Type (Protein, Starch, Flour, Fiber), By Application (Food, Meat & Meat Substitutes, Performance Nutrition, Functional Foods, Snacks, Bakery, Confectionery, Others), By Source (Yellow Split Peas, Chickpeas, Lentils) And Competitive Landscape

Product Code: ETC5019607	Publication Date: Nov 2023	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Shubham Padhi	No. of Pages: 60	No. of Figures: 30	No. of Tables: 5

Latvia Pea Processed Ingredients Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Latvia continued to rely heavily on imports of pea processed ingredients, with top suppliers including Russia, Lithuania, Poland, Belarus, and Estonia. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI). Despite a relatively steady compound annual growth rate (CAGR) of 3.2% from 2020 to 2024, the recent growth rate saw a significant decline of -56.23% in 2024. This data suggests a potential shift or disruption in the market dynamics for pea processed ingredients in Latvia, warranting further analysis and strategic considerations for industry players.

Latvia Pea Processed Ingredients Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

Latvia Pea Processed Ingredients Market Outlook
Market Size of Latvia Pea Processed Ingredients Market, 2024
Forecast of Latvia Pea Processed Ingredients Market, 2031
Historical Data and Forecast of Latvia Pea Processed Ingredients Revenues & Volume for the Period 2021-2031
Latvia Pea Processed Ingredients Market Trend Evolution
Latvia Pea Processed Ingredients Market Drivers and Challenges
Latvia Pea Processed Ingredients Price Trends
Latvia Pea Processed Ingredients Porter`s Five Forces
Latvia Pea Processed Ingredients Industry Life Cycle
Historical Data and Forecast of Latvia Pea Processed Ingredients Market Revenues & Volume By Type for the Period 2021-2031
Historical Data and Forecast of Latvia Pea Processed Ingredients Market Revenues & Volume By Protein for the Period 2021-2031
Historical Data and Forecast of Latvia Pea Processed Ingredients Market Revenues & Volume By Starch for the Period 2021-2031
Historical Data and Forecast of Latvia Pea Processed Ingredients Market Revenues & Volume By Flour for the Period 2021-2031
Historical Data and Forecast of Latvia Pea Processed Ingredients Market Revenues & Volume By Fiber for the Period 2021-2031
Historical Data and Forecast of Latvia Pea Processed Ingredients Market Revenues & Volume By Application for the Period 2021-2031
Historical Data and Forecast of Latvia Pea Processed Ingredients Market Revenues & Volume By Food for the Period 2021-2031
Historical Data and Forecast of Latvia Pea Processed Ingredients Market Revenues & Volume By Meat & Meat Substitutes for the Period 2021-2031
Historical Data and Forecast of Latvia Pea Processed Ingredients Market Revenues & Volume By Performance Nutrition for the Period 2021-2031
Historical Data and Forecast of Latvia Pea Processed Ingredients Market Revenues & Volume By Functional Foods for the Period 2021-2031
Historical Data and Forecast of Latvia Pea Processed Ingredients Market Revenues & Volume By Snacks for the Period 2021-2031
Historical Data and Forecast of Latvia Pea Processed Ingredients Market Revenues & Volume By Bakery for the Period 2021-2031
Historical Data and Forecast of Latvia Pea Processed Ingredients Market Revenues & Volume By Confectionery for the Period 2021-2031
Historical Data and Forecast of Latvia Pea Processed Ingredients Market Revenues & Volume By Others for the Period 2021-2031
Historical Data and Forecast of Latvia Pea Processed Ingredients Market Revenues & Volume By Source for the Period 2021-2031
Historical Data and Forecast of Latvia Pea Processed Ingredients Market Revenues & Volume By Yellow Split Peas for the Period 2021-2031
Historical Data and Forecast of Latvia Pea Processed Ingredients Market Revenues & Volume By Chickpeas for the Period 2021-2031
Historical Data and Forecast of Latvia Pea Processed Ingredients Market Revenues & Volume By Lentils for the Period 2021-2031
Latvia Pea Processed Ingredients Import Export Trade Statistics
Market Opportunity Assessment By Type
Market Opportunity Assessment By Application
Market Opportunity Assessment By Source
Latvia Pea Processed Ingredients Top Companies Market Share
Latvia Pea Processed Ingredients Competitive Benchmarking By Technical and Operational Parameters
Latvia Pea Processed Ingredients Company Profiles
Latvia Pea Processed Ingredients Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 Pea Processed Ingredients Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Pea Processed Ingredients Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Pea Processed Ingredients Market - Industry Life Cycle

3.4 Latvia Pea Processed Ingredients Market - Porter's Five Forces

3.5 Latvia Pea Processed Ingredients Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Latvia Pea Processed Ingredients Market Revenues & Volume Share, By Application, 2021 & 2031F

3.7 Latvia Pea Processed Ingredients Market Revenues & Volume Share, By Source, 2021 & 2031F

4 Latvia Pea Processed Ingredients Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing consumer demand for plant-based protein sources

4.2.2 Growing awareness of the health benefits of pea protein ingredients

4.2.3 Rise in vegetarian and vegan diets in Latvia

4.3 Market Restraints

4.3.1 Fluctuating prices of raw materials

4.3.2 Competition from other plant-based protein sources

4.3.3 Regulatory challenges in food ingredient processing

5 Latvia Pea Processed Ingredients Market Trends

6 Latvia Pea Processed Ingredients Market Segmentations

6.1 Latvia Pea Processed Ingredients Market, By Type

6.1.1 Overview and Analysis

6.1.2 Latvia Pea Processed Ingredients Market Revenues & Volume, By Protein, 2021-2031F

6.1.3 Latvia Pea Processed Ingredients Market Revenues & Volume, By Starch, 2021-2031F

6.1.4 Latvia Pea Processed Ingredients Market Revenues & Volume, By Flour, 2021-2031F

6.1.5 Latvia Pea Processed Ingredients Market Revenues & Volume, By Fiber, 2021-2031F

6.2 Latvia Pea Processed Ingredients Market, By Application

6.2.1 Overview and Analysis

6.2.2 Latvia Pea Processed Ingredients Market Revenues & Volume, By Food, 2021-2031F

6.2.3 Latvia Pea Processed Ingredients Market Revenues & Volume, By Meat & Meat Substitutes, 2021-2031F

6.2.4 Latvia Pea Processed Ingredients Market Revenues & Volume, By Performance Nutrition, 2021-2031F

6.2.5 Latvia Pea Processed Ingredients Market Revenues & Volume, By Functional Foods, 2021-2031F

6.2.6 Latvia Pea Processed Ingredients Market Revenues & Volume, By Snacks, 2021-2031F

6.2.7 Latvia Pea Processed Ingredients Market Revenues & Volume, By Bakery, 2021-2031F

6.2.8 Latvia Pea Processed Ingredients Market Revenues & Volume, By Others, 2021-2031F

6.2.9 Latvia Pea Processed Ingredients Market Revenues & Volume, By Others, 2021-2031F

6.3 Latvia Pea Processed Ingredients Market, By Source

6.3.1 Overview and Analysis

6.3.2 Latvia Pea Processed Ingredients Market Revenues & Volume, By Yellow Split Peas, 2021-2031F

6.3.3 Latvia Pea Processed Ingredients Market Revenues & Volume, By Chickpeas, 2021-2031F

6.3.4 Latvia Pea Processed Ingredients Market Revenues & Volume, By Lentils, 2021-2031F

7 Latvia Pea Processed Ingredients Market Import-Export Trade Statistics

7.1 Latvia Pea Processed Ingredients Market Export to Major Countries

7.2 Latvia Pea Processed Ingredients Market Imports from Major Countries

8 Latvia Pea Processed Ingredients Market Key Performance Indicators

8.1 Number of new product launches containing pea processed ingredients

8.2 Percentage increase in the use of pea protein in food products in Latvia

8.3 Investment in research and development of pea processing technology in the market

9 Latvia Pea Processed Ingredients Market - Opportunity Assessment

9.1 Latvia Pea Processed Ingredients Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Latvia Pea Processed Ingredients Market Opportunity Assessment, By Application, 2021 & 2031F

9.3 Latvia Pea Processed Ingredients Market Opportunity Assessment, By Source, 2021 & 2031F

10 Latvia Pea Processed Ingredients Market - Competitive Landscape

10.1 Latvia Pea Processed Ingredients Market Revenue Share, By Companies, 2024

10.2 Latvia Pea Processed Ingredients Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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