| Product Code: ETC7919701 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite the steady growth in Latvia`s import of probiotic supplements, the market remains relatively diverse with low concentration levels indicated by the Herfindahl-Hirschman Index (HHI). Lithuania, Netherlands, Switzerland, Poland, and Germany are the top exporting countries to Latvia in 2024, showcasing a healthy competition and varied sources of products. The Compound Annual Growth Rate (CAGR) from 2020 to 2024 stands at an impressive 8.6%, while the growth rate from 2023 to 2024 is a solid 7.03%, indicating sustained interest and demand for probiotic supplements in Latvia.

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 Probiotic Supplements Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Probiotic Supplements Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Probiotic Supplements Market - Industry Life Cycle |
3.4 Latvia Probiotic Supplements Market - Porter's Five Forces |
3.5 Latvia Probiotic Supplements Market Revenues & Volume Share, By Product Form, 2021 & 2031F |
3.6 Latvia Probiotic Supplements Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Probiotic Supplements Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of probiotic supplements |
4.2.2 Growing focus on preventive healthcare and wellness trends |
4.2.3 Rising prevalence of digestive disorders and gastrointestinal issues in Latvia |
4.3 Market Restraints |
4.3.1 Lack of regulatory framework specific to probiotic supplements in Latvia |
4.3.2 Limited availability of probiotic products in the market |
4.3.3 High cost of probiotic supplements compared to traditional supplements |
5 Latvia Probiotic Supplements Market Trends |
6 Latvia Probiotic Supplements Market, By Types |
6.1 Latvia Probiotic Supplements Market, By Product Form |
6.1.1 Overview and Analysis |
6.1.2 Latvia Probiotic Supplements Market Revenues & Volume, By Product Form, 2021- 2031F |
6.1.3 Latvia Probiotic Supplements Market Revenues & Volume, By Tablets/Capsules, 2021- 2031F |
6.1.4 Latvia Probiotic Supplements Market Revenues & Volume, By Powders, 2021- 2031F |
6.1.5 Latvia Probiotic Supplements Market Revenues & Volume, By Liquids, 2021- 2031F |
6.1.6 Latvia Probiotic Supplements Market Revenues & Volume, By Other Products, 2021- 2031F |
6.2 Latvia Probiotic Supplements Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Probiotic Supplements Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021- 2031F |
6.2.3 Latvia Probiotic Supplements Market Revenues & Volume, By Pharmacies & Drug Stores, 2021- 2031F |
6.2.4 Latvia Probiotic Supplements Market Revenues & Volume, By Specialty Stores, 2021- 2031F |
6.2.5 Latvia Probiotic Supplements Market Revenues & Volume, By Online Stores, 2021- 2031F |
6.2.6 Latvia Probiotic Supplements Market Revenues & Volume, By Other Distribution Channels, 2021- 2031F |
7 Latvia Probiotic Supplements Market Import-Export Trade Statistics |
7.1 Latvia Probiotic Supplements Market Export to Major Countries |
7.2 Latvia Probiotic Supplements Market Imports from Major Countries |
8 Latvia Probiotic Supplements Market Key Performance Indicators |
8.1 Percentage increase in consumer education initiatives on probiotic supplements |
8.2 Number of new probiotic supplement product launches in Latvia |
8.3 Growth in partnerships between probiotic supplement manufacturers and healthcare professionals |
8.4 Number of clinical studies or research projects on the efficacy of probiotic supplements in treating digestive disorders |
9 Latvia Probiotic Supplements Market - Opportunity Assessment |
9.1 Latvia Probiotic Supplements Market Opportunity Assessment, By Product Form, 2021 & 2031F |
9.2 Latvia Probiotic Supplements Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Probiotic Supplements Market - Competitive Landscape |
10.1 Latvia Probiotic Supplements Market Revenue Share, By Companies, 2024 |
10.2 Latvia Probiotic Supplements Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |