| 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`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.

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 |
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