| Product Code: ETC4990879 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
In 2024, Latvia continued to see significant imports of pet food, with top suppliers including Lithuania, Poland, Germany, Czechia, and the Netherlands. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The industry showed strong growth with a Compound Annual Growth Rate (CAGR) of 10.32% from 2020 to 2024, and a notable growth rate of 6.16% from 2023 to 2024. This data suggests a promising outlook for the pet food market in Latvia, driven by a consistent demand for quality products from both domestic and international sources.
The Pet Food market in Latvia is projected to grow at a stable growth rate of 4.08% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, shaping overall regional demand.

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 Pet Food Market Overview  | 
3.1 Latvia Country Macro Economic Indicators  | 
3.2 Latvia Pet Food Market Revenues & Volume, 2021 & 2031F  | 
3.3 Latvia Pet Food Market - Industry Life Cycle  | 
3.4 Latvia Pet Food Market - Porter's Five Forces  | 
3.5 Latvia Pet Food Market Revenues & Volume Share, By Type, 2021 & 2031F  | 
3.6 Latvia Pet Food Market Revenues & Volume Share, By Animal, 2021 & 2031F  | 
4 Latvia Pet Food Market Dynamics  | 
4.1 Impact Analysis  | 
4.2 Market Drivers  | 
4.2.1 Increasing pet ownership and humanization of pets, leading to higher demand for premium pet food products  | 
4.2.2 Growing awareness about pet health and nutrition, driving the preference for nutritious and specialized pet food offerings  | 
4.2.3 Rising disposable income levels and changing lifestyles, resulting in higher spending on pet care products  | 
4.3 Market Restraints  | 
4.3.1 Price sensitivity among consumers, especially in a price-sensitive market like Latvia  | 
4.3.2 Competition from alternative pet food products like homemade or natural diets  | 
4.3.3 Regulatory challenges and changing import/export regulations impacting the availability and pricing of pet food products  | 
5 Latvia Pet Food Market Trends  | 
6 Latvia Pet Food Market Segmentations  | 
6.1 Latvia Pet Food Market, By Type  | 
6.1.1 Overview and Analysis  | 
6.1.2 Latvia Pet Food Market Revenues & Volume, By Dry Food, 2021-2031F  | 
6.1.3 Latvia Pet Food Market Revenues & Volume, By Wet Food, 2021-2031F  | 
6.1.4 Latvia Pet Food Market Revenues & Volume, By Snacks/Treats, 2021-2031F  | 
6.2 Latvia Pet Food Market, By Animal  | 
6.2.1 Overview and Analysis  | 
6.2.2 Latvia Pet Food Market Revenues & Volume, By Dog, 2021-2031F  | 
6.2.3 Latvia Pet Food Market Revenues & Volume, By Cat, 2021-2031F  | 
6.2.4 Latvia Pet Food Market Revenues & Volume, By Others, 2021-2031F  | 
7 Latvia Pet Food Market Import-Export Trade Statistics  | 
7.1 Latvia Pet Food Market Export to Major Countries  | 
7.2 Latvia Pet Food Market Imports from Major Countries  | 
8 Latvia Pet Food Market Key Performance Indicators  | 
8.1 Percentage growth in online sales of pet food products in Latvia  | 
8.2 Number of new product launches and innovations in the pet food market  | 
8.3 Consumer sentiment and feedback on the quality and variety of pet food options available  | 
8.4 Adoption rate of subscription-based pet food services in Latvia  | 
8.5 Percentage of households in Latvia that own pets and purchase commercial pet food  | 
9 Latvia Pet Food Market - Opportunity Assessment  | 
9.1 Latvia Pet Food Market Opportunity Assessment, By Type, 2021 & 2031F  | 
9.2 Latvia Pet Food Market Opportunity Assessment, By Animal, 2021 & 2031F  | 
10 Latvia Pet Food Market - Competitive Landscape  | 
10.1 Latvia Pet Food Market Revenue Share, By Companies, 2024  | 
10.2 Latvia Pet Food Market Competitive Benchmarking, By Operating and Technical Parameters  | 
11 Company Profiles  | 
12 Recommendations  | 13 Disclaimer  |