Latvia Phytogenic Market (2025-2031) | Strategic Insights, Restraints, Forecast, Investment Trends, Consumer Insights, Demand, Supply, Trends, Size, Analysis, Competition, Segmentation, Revenue, Opportunities, Strategy, Pricing Analysis, Share, Growth, Challenges, Value, Industry, Companies, Segments, Competitive, Outlook, Drivers

Market Forecast By Type (Essential Oils, Alkaloids, Flavonoids, Saponins, Others), By Ingredient Source (Herbal Extracts, Bioactive Compounds, Plant-Based, Natural Additives, Others), By End User (Livestock Industry, Poultry Farms, Swine Farming, Aquaculture, Dairy Farming), By Application (Animal Nutrition, Gut Health Enhancement, Growth Promotion, Feed Supplements, Immunity Boosting) And Competitive Landscape
Product Code: ETC13086901 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

Latvia Phytogenic Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Latvia`s phytogenic import shipments in 2024 continued to be dominated by key suppliers such as Ukraine, Russia, Poland, Egypt, and Albania. The market showed a shift from high concentration in 2023 to moderate concentration in 2024, indicating increased diversification of sources. However, the industry experienced a negative compound annual growth rate of -7.86% from 2020 to 2024, with a further decline in growth rate of -16.71% from 2023 to 2024. These trends suggest a challenging landscape for phytogenic imports in Latvia, emphasizing the need for strategic measures to stimulate market recovery.

Latvia Phytogenic Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Latvia Phytogenic Market Outlook
  • Market Size of Latvia Phytogenic Market,2024
  • Forecast of Latvia Phytogenic Market, 2031
  • Historical Data and Forecast of Latvia Phytogenic Revenues & Volume for the Period 2021-2031
  • Latvia Phytogenic Market Trend Evolution
  • Latvia Phytogenic Market Drivers and Challenges
  • Latvia Phytogenic Price Trends
  • Latvia Phytogenic Porter's Five Forces
  • Latvia Phytogenic Industry Life Cycle
  • Historical Data and Forecast of Latvia Phytogenic Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Phytogenic Market Revenues & Volume By Essential Oils for the Period 2021-2031
  • Historical Data and Forecast of Latvia Phytogenic Market Revenues & Volume By Alkaloids for the Period 2021-2031
  • Historical Data and Forecast of Latvia Phytogenic Market Revenues & Volume By Flavonoids for the Period 2021-2031
  • Historical Data and Forecast of Latvia Phytogenic Market Revenues & Volume By Saponins for the Period 2021-2031
  • Historical Data and Forecast of Latvia Phytogenic Market Revenues & Volume By Others for the Period 2021 - 2029
  • Historical Data and Forecast of Latvia Phytogenic Market Revenues & Volume By Ingredient Source for the Period 2021-2031
  • Historical Data and Forecast of Latvia Phytogenic Market Revenues & Volume By Herbal Extracts for the Period 2021-2031
  • Historical Data and Forecast of Latvia Phytogenic Market Revenues & Volume By Bioactive Compounds for the Period 2021-2031
  • Historical Data and Forecast of Latvia Phytogenic Market Revenues & Volume By Plant-Based for the Period 2021-2031
  • Historical Data and Forecast of Latvia Phytogenic Market Revenues & Volume By Natural Additives for the Period 2021-2031
  • Historical Data and Forecast of Latvia Phytogenic Market Revenues & Volume By Others for the Period 2021 - 2029
  • Historical Data and Forecast of Latvia Phytogenic Market Revenues & Volume By End User for the Period 2021-2031
  • Historical Data and Forecast of Latvia Phytogenic Market Revenues & Volume By Livestock Industry for the Period 2021-2031
  • Historical Data and Forecast of Latvia Phytogenic Market Revenues & Volume By Poultry Farms for the Period 2021-2031
  • Historical Data and Forecast of Latvia Phytogenic Market Revenues & Volume By Swine Farming for the Period 2021-2031
  • Historical Data and Forecast of Latvia Phytogenic Market Revenues & Volume By Aquaculture for the Period 2021-2031
  • Historical Data and Forecast of Latvia Phytogenic Market Revenues & Volume By Dairy Farming for the Period 2021 - 2029
  • Historical Data and Forecast of Latvia Phytogenic Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Latvia Phytogenic Market Revenues & Volume By Animal Nutrition for the Period 2021-2031
  • Historical Data and Forecast of Latvia Phytogenic Market Revenues & Volume By Gut Health Enhancement for the Period 2021-2031
  • Historical Data and Forecast of Latvia Phytogenic Market Revenues & Volume By Growth Promotion for the Period 2021-2031
  • Historical Data and Forecast of Latvia Phytogenic Market Revenues & Volume By Feed Supplements for the Period 2021-2031
  • Historical Data and Forecast of Latvia Phytogenic Market Revenues & Volume By Immunity Boosting for the Period 2021 - 2029
  • Latvia Phytogenic Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Ingredient Source
  • Market Opportunity Assessment By End User
  • Market Opportunity Assessment By Application
  • Latvia Phytogenic Top Companies Market Share
  • Latvia Phytogenic Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Phytogenic Company Profiles
  • Latvia Phytogenic Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Phytogenic Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Phytogenic Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Phytogenic Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Phytogenic Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Phytogenic Market - Industry Life Cycle

3.4 Latvia Phytogenic Market - Porter's Five Forces

3.5 Latvia Phytogenic Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Latvia Phytogenic Market Revenues & Volume Share, By Ingredient Source, 2021 & 2031F

3.7 Latvia Phytogenic Market Revenues & Volume Share, By End User, 2021 & 2031F

3.8 Latvia Phytogenic Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Latvia Phytogenic Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing consumer awareness about the health benefits of phytogenic products

4.2.2 Growing demand for natural and organic ingredients in food and feed industries

4.2.3 Favorable regulations supporting the use of phytogenic additives in livestock production

4.3 Market Restraints

4.3.1 Limited availability of raw materials for phytogenic products

4.3.2 Lack of standardized regulations for phytogenic products in Latvia

5 Latvia Phytogenic Market Trends

6 Latvia Phytogenic Market, By Types

6.1 Latvia Phytogenic Market, By Type

6.1.1 Overview and Analysis

6.1.2 Latvia Phytogenic Market Revenues & Volume, By Type, 2021 - 2031F

6.1.3 Latvia Phytogenic Market Revenues & Volume, By Essential Oils, 2021 - 2031F

6.1.4 Latvia Phytogenic Market Revenues & Volume, By Alkaloids, 2021 - 2031F

6.1.5 Latvia Phytogenic Market Revenues & Volume, By Flavonoids, 2021 - 2031F

6.1.6 Latvia Phytogenic Market Revenues & Volume, By Saponins, 2021 - 2031F

6.1.7 Latvia Phytogenic Market Revenues & Volume, By Others, 2021 - 2031F

6.2 Latvia Phytogenic Market, By Ingredient Source

6.2.1 Overview and Analysis

6.2.2 Latvia Phytogenic Market Revenues & Volume, By Herbal Extracts, 2021 - 2031F

6.2.3 Latvia Phytogenic Market Revenues & Volume, By Bioactive Compounds, 2021 - 2031F

6.2.4 Latvia Phytogenic Market Revenues & Volume, By Plant-Based, 2021 - 2031F

6.2.5 Latvia Phytogenic Market Revenues & Volume, By Natural Additives, 2021 - 2031F

6.2.6 Latvia Phytogenic Market Revenues & Volume, By Others, 2021 - 2031F

6.3 Latvia Phytogenic Market, By End User

6.3.1 Overview and Analysis

6.3.2 Latvia Phytogenic Market Revenues & Volume, By Livestock Industry, 2021 - 2031F

6.3.3 Latvia Phytogenic Market Revenues & Volume, By Poultry Farms, 2021 - 2031F

6.3.4 Latvia Phytogenic Market Revenues & Volume, By Swine Farming, 2021 - 2031F

6.3.5 Latvia Phytogenic Market Revenues & Volume, By Aquaculture, 2021 - 2031F

6.3.6 Latvia Phytogenic Market Revenues & Volume, By Dairy Farming, 2021 - 2031F

6.4 Latvia Phytogenic Market, By Application

6.4.1 Overview and Analysis

6.4.2 Latvia Phytogenic Market Revenues & Volume, By Animal Nutrition, 2021 - 2031F

6.4.3 Latvia Phytogenic Market Revenues & Volume, By Gut Health Enhancement, 2021 - 2031F

6.4.4 Latvia Phytogenic Market Revenues & Volume, By Growth Promotion, 2021 - 2031F

6.4.5 Latvia Phytogenic Market Revenues & Volume, By Feed Supplements, 2021 - 2031F

6.4.6 Latvia Phytogenic Market Revenues & Volume, By Immunity Boosting, 2021 - 2031F

7 Latvia Phytogenic Market Import-Export Trade Statistics

7.1 Latvia Phytogenic Market Export to Major Countries

7.2 Latvia Phytogenic Market Imports from Major Countries

8 Latvia Phytogenic Market Key Performance Indicators

8.1 Research and development investment in phytogenic product innovation

8.2 Adoption rate of phytogenic additives in different industry sectors

8.3 Number of partnerships and collaborations for the development of phytogenic products

9 Latvia Phytogenic Market - Opportunity Assessment

9.1 Latvia Phytogenic Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Latvia Phytogenic Market Opportunity Assessment, By Ingredient Source, 2021 & 2031F

9.3 Latvia Phytogenic Market Opportunity Assessment, By End User, 2021 & 2031F

9.4 Latvia Phytogenic Market Opportunity Assessment, By Application, 2021 & 2031F

10 Latvia Phytogenic Market - Competitive Landscape

10.1 Latvia Phytogenic Market Revenue Share, By Companies, 2024

10.2 Latvia Phytogenic Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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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