| Product Code: ETC7919819 | 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 import shipments of protease in animal feed to Latvia have shown significant growth, with a high concentration of imports from Denmark, Lithuania, Germany, Italy, and Poland in 2024. The Herfindahl-Hirschman Index (HHI) indicates a very high concentration in the market, reflecting the dominance of these top exporting countries. The Compound Annual Growth Rate (CAGR) from 2020 to 2024 stands at a robust 18.29%, while the growth rate from 2023 to 2024 is recorded at 8.28%, highlighting the continued expansion and importance of protease in the Latvian animal feed industry.

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 Protease in Animal Feed Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Protease in Animal Feed Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Protease in Animal Feed Market - Industry Life Cycle |
3.4 Latvia Protease in Animal Feed Market - Porter's Five Forces |
3.5 Latvia Protease in Animal Feed Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Latvia Protease in Animal Feed Market Revenues & Volume Share, By Livestock, 2021 & 2031F |
3.7 Latvia Protease in Animal Feed Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Latvia Protease in Animal Feed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing awareness among livestock farmers about the benefits of protease in animal feed |
4.2.2 Increasing demand for high-quality animal feed for improved animal health and performance |
4.2.3 Shift towards sustainable and efficient animal farming practices in Latvia |
4.3 Market Restraints |
4.3.1 Regulatory challenges and restrictions on the use of protease in animal feed |
4.3.2 Volatility in raw material prices affecting the production cost of protease |
4.3.3 Competition from alternative feed additives in the market |
5 Latvia Protease in Animal Feed Market Trends |
6 Latvia Protease in Animal Feed Market, By Types |
6.1 Latvia Protease in Animal Feed Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Latvia Protease in Animal Feed Market Revenues & Volume, By Source, 2021- 2031F |
6.1.3 Latvia Protease in Animal Feed Market Revenues & Volume, By Animal, 2021- 2031F |
6.1.4 Latvia Protease in Animal Feed Market Revenues & Volume, By Plant, 2021- 2031F |
6.1.5 Latvia Protease in Animal Feed Market Revenues & Volume, By Microbial, 2021- 2031F |
6.2 Latvia Protease in Animal Feed Market, By Livestock |
6.2.1 Overview and Analysis |
6.2.2 Latvia Protease in Animal Feed Market Revenues & Volume, By Poultry, 2021- 2031F |
6.2.3 Latvia Protease in Animal Feed Market Revenues & Volume, By Swine, 2021- 2031F |
6.2.4 Latvia Protease in Animal Feed Market Revenues & Volume, By Ruminants, 2021- 2031F |
6.2.5 Latvia Protease in Animal Feed Market Revenues & Volume, By Aquaculture, 2021- 2031F |
6.3 Latvia Protease in Animal Feed Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Latvia Protease in Animal Feed Market Revenues & Volume, By Liquid, 2021- 2031F |
6.3.3 Latvia Protease in Animal Feed Market Revenues & Volume, By Dry, 2021- 2031F |
7 Latvia Protease in Animal Feed Market Import-Export Trade Statistics |
7.1 Latvia Protease in Animal Feed Market Export to Major Countries |
7.2 Latvia Protease in Animal Feed Market Imports from Major Countries |
8 Latvia Protease in Animal Feed Market Key Performance Indicators |
8.1 Feed conversion ratio (FCR) improvement in livestock fed with protease-added feed |
8.2 Reduction in animal mortality rates due to improved digestion and nutrient absorption |
8.3 Increase in average daily weight gain of animals fed with protease-enhanced feed |
9 Latvia Protease in Animal Feed Market - Opportunity Assessment |
9.1 Latvia Protease in Animal Feed Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Latvia Protease in Animal Feed Market Opportunity Assessment, By Livestock, 2021 & 2031F |
9.3 Latvia Protease in Animal Feed Market Opportunity Assessment, By Form, 2021 & 2031F |
10 Latvia Protease in Animal Feed Market - Competitive Landscape |
10.1 Latvia Protease in Animal Feed Market Revenue Share, By Companies, 2024 |
10.2 Latvia Protease in Animal Feed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |