| Product Code: ETC7918790 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The plant-based protein supplements market in Latvia experienced significant growth in 2024, with top exporting countries being Germany, Lithuania, Netherlands, Estonia, and Serbia. The market concentration, as measured by the HHI index, shifted from low to moderate in 2024, indicating increased competition among suppliers. The impressive CAGR of 22.6% from 2020 to 2024 reflects the rising demand for plant-based protein supplements in Latvia. Moreover, the growth rate of 9.61% from 2023 to 2024 suggests sustained momentum in the market. Overall, the outlook for plant-based protein supplements import shipments in Latvia appears promising.

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 Plant Based Protein Supplements Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Plant Based Protein Supplements Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Plant Based Protein Supplements Market - Industry Life Cycle |
3.4 Latvia Plant Based Protein Supplements Market - Porter's Five Forces |
3.5 Latvia Plant Based Protein Supplements Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.6 Latvia Plant Based Protein Supplements Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Latvia Plant Based Protein Supplements Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Latvia Plant Based Protein Supplements Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Plant Based Protein Supplements Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of plant-based protein supplements |
4.2.2 Growing trend towards vegan and vegetarian diets |
4.2.3 Rise in fitness and health consciousness among the population |
4.3 Market Restraints |
4.3.1 Higher cost compared to traditional protein supplements |
4.3.2 Limited availability and variety of plant-based protein supplements in the market |
4.3.3 Lack of understanding and misconceptions about plant-based protein sources |
5 Latvia Plant Based Protein Supplements Market Trends |
6 Latvia Plant Based Protein Supplements Market, By Types |
6.1 Latvia Plant Based Protein Supplements Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 Latvia Plant Based Protein Supplements Market Revenues & Volume, By Raw Material, 2021- 2031F |
6.1.3 Latvia Plant Based Protein Supplements Market Revenues & Volume, By Soy, 2021- 2031F |
6.1.4 Latvia Plant Based Protein Supplements Market Revenues & Volume, By Spirulina, 2021- 2031F |
6.1.5 Latvia Plant Based Protein Supplements Market Revenues & Volume, By Pumpkin Seed, 2021- 2031F |
6.1.6 Latvia Plant Based Protein Supplements Market Revenues & Volume, By Wheat, 2021- 2031F |
6.1.7 Latvia Plant Based Protein Supplements Market Revenues & Volume, By Hemp, 2021- 2031F |
6.1.8 Latvia Plant Based Protein Supplements Market Revenues & Volume, By Rice, 2021- 2031F |
6.1.9 Latvia Plant Based Protein Supplements Market Revenues & Volume, By Others, 2021- 2031F |
6.1.10 Latvia Plant Based Protein Supplements Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Plant Based Protein Supplements Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Latvia Plant Based Protein Supplements Market Revenues & Volume, By Protein Powder, 2021- 2031F |
6.2.3 Latvia Plant Based Protein Supplements Market Revenues & Volume, By Protein Bars, 2021- 2031F |
6.2.4 Latvia Plant Based Protein Supplements Market Revenues & Volume, By Ready-to-Drink, 2021- 2031F |
6.2.5 Latvia Plant Based Protein Supplements Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Latvia Plant Based Protein Supplements Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Plant Based Protein Supplements Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021- 2031F |
6.3.3 Latvia Plant Based Protein Supplements Market Revenues & Volume, By Online Stores, 2021- 2031F |
6.3.4 Latvia Plant Based Protein Supplements Market Revenues & Volume, By DTC, 2021- 2031F |
6.3.5 Latvia Plant Based Protein Supplements Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Latvia Plant Based Protein Supplements Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Plant Based Protein Supplements Market Revenues & Volume, By Sports Nutrition, 2021- 2031F |
6.4.3 Latvia Plant Based Protein Supplements Market Revenues & Volume, By Functional Food, 2021- 2031F |
7 Latvia Plant Based Protein Supplements Market Import-Export Trade Statistics |
7.1 Latvia Plant Based Protein Supplements Market Export to Major Countries |
7.2 Latvia Plant Based Protein Supplements Market Imports from Major Countries |
8 Latvia Plant Based Protein Supplements Market Key Performance Indicators |
8.1 Percentage of consumers adopting plant-based diets |
8.2 Number of new product launches in the plant-based protein supplements market |
8.3 Growth in the number of health and fitness centers promoting plant-based protein supplements |
8.4 Increase in partnerships between plant-based protein supplement brands and influencers/athletes |
8.5 Surge in online searches and social media mentions related to plant-based protein supplements |
9 Latvia Plant Based Protein Supplements Market - Opportunity Assessment |
9.1 Latvia Plant Based Protein Supplements Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 Latvia Plant Based Protein Supplements Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Latvia Plant Based Protein Supplements Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Latvia Plant Based Protein Supplements Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Plant Based Protein Supplements Market - Competitive Landscape |
10.1 Latvia Plant Based Protein Supplements Market Revenue Share, By Companies, 2024 |
10.2 Latvia Plant Based Protein Supplements Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |