| Product Code: ETC7919586 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The premium snacks import market in Latvia continues to thrive in 2024, with key exporting countries including Lithuania, Germany, Ukraine, Russia, and Hungary. The high Herfindahl-Hirschman Index (HHI) indicates significant market concentration, while the impressive compound annual growth rate (CAGR) of 17.39% from 2020 to 2024 highlights the sector`s strong performance. Furthermore, the growth rate of 16.11% in 2024 demonstrates continued momentum and opportunities for further expansion in the premium snacks segment within the Latvian market.

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 Premium Snacks Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Premium Snacks Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Premium Snacks Market - Industry Life Cycle |
3.4 Latvia Premium Snacks Market - Porter's Five Forces |
3.5 Latvia Premium Snacks Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Premium Snacks Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Premium Snacks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Latvia leading to higher spending on premium snacks. |
4.2.2 Growing health consciousness among consumers driving demand for healthier premium snack options. |
4.2.3 Rising trend of convenience food consumption fueling the demand for premium snacks as on-the-go options. |
4.3 Market Restraints |
4.3.1 Price sensitivity of consumers in Latvia impacting the affordability of premium snacks. |
4.3.2 Intense competition from other snack categories and substitutes affecting market penetration of premium snacks. |
5 Latvia Premium Snacks Market Trends |
6 Latvia Premium Snacks Market, By Types |
6.1 Latvia Premium Snacks Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Premium Snacks Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Premium Snacks Market Revenues & Volume, By Frozen Snacks, 2021- 2031F |
6.1.4 Latvia Premium Snacks Market Revenues & Volume, By Savory Snacks, 2021- 2031F |
6.1.5 Latvia Premium Snacks Market Revenues & Volume, By Fruit Snacks, 2021- 2031F |
6.1.6 Latvia Premium Snacks Market Revenues & Volume, By Confectionery Snacks, 2021- 2031F |
6.1.7 Latvia Premium Snacks Market Revenues & Volume, By Bakery Snacks, 2021- 2031F |
6.1.8 Latvia Premium Snacks Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Premium Snacks Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Premium Snacks Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021- 2031F |
6.2.3 Latvia Premium Snacks Market Revenues & Volume, By Convenience Stores, 2021- 2031F |
6.2.4 Latvia Premium Snacks Market Revenues & Volume, By Specialty Stores, 2021- 2031F |
6.2.5 Latvia Premium Snacks Market Revenues & Volume, By Online Retail Stores, 2021- 2031F |
6.2.6 Latvia Premium Snacks Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Premium Snacks Market Import-Export Trade Statistics |
7.1 Latvia Premium Snacks Market Export to Major Countries |
7.2 Latvia Premium Snacks Market Imports from Major Countries |
8 Latvia Premium Snacks Market Key Performance Indicators |
8.1 Average selling price of premium snacks in Latvia. |
8.2 Percentage of premium snack sales through online channels. |
8.3 Consumer satisfaction scores for premium snack brands. |
8.4 Number of new product launches in the premium snacks segment. |
8.5 Percentage of repeat purchases of premium snacks. |
9 Latvia Premium Snacks Market - Opportunity Assessment |
9.1 Latvia Premium Snacks Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Premium Snacks Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Premium Snacks Market - Competitive Landscape |
10.1 Latvia Premium Snacks Market Revenue Share, By Companies, 2024 |
10.2 Latvia Premium Snacks Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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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