| Product Code: ETC7919863 | 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 |
In 2024, Latvia continued to depend on protein imports, with top suppliers being Netherlands, China, Metropolitan France, Lithuania, and Poland. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a modest compound annual growth rate (CAGR) of 0.63% from 2020 to 2024, there was a notable growth spike of 7.98% from 2023 to 2024. This suggests a potential shift in market dynamics or increased demand for protein imports in Latvia. Monitoring these trends can provide valuable insights for stakeholders in the protein 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 Proteins Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Proteins Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Proteins Market - Industry Life Cycle |
3.4 Latvia Proteins Market - Porter's Five Forces |
3.5 Latvia Proteins Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Proteins Market Revenues & Volume Share, By Host Cell, 2021 & 2031F |
3.7 Latvia Proteins Market Revenues & Volume Share, By End use, 2021 & 2031F |
4 Latvia Proteins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Proteins Market Trends |
6 Latvia Proteins Market, By Types |
6.1 Latvia Proteins Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Proteins Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Latvia Proteins Market Revenues & Volume, By Cytokines & Growth Factors, 2021- 2031F |
6.1.4 Latvia Proteins Market Revenues & Volume, By Antibodies, 2021- 2031F |
6.1.5 Latvia Proteins Market Revenues & Volume, By Immune Checkpoint Proteins, 2021- 2031F |
6.1.6 Latvia Proteins Market Revenues & Volume, By Virus Antigens, 2021- 2031F |
6.1.7 Latvia Proteins Market Revenues & Volume, By Enzymes, 2021- 2031F |
6.1.8 Latvia Proteins Market Revenues & Volume, By Recombinant Regulatory Proteins, 2021- 2031F |
6.1.9 Latvia Proteins Market Revenues & Volume, By Others, 2021- 2031F |
6.1.10 Latvia Proteins Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Proteins Market, By Host Cell |
6.2.1 Overview and Analysis |
6.2.2 Latvia Proteins Market Revenues & Volume, By Mammalian Cells, 2021- 2031F |
6.2.3 Latvia Proteins Market Revenues & Volume, By Bacterial Cells, 2021- 2031F |
6.2.4 Latvia Proteins Market Revenues & Volume, By Yeast & Fungi, 2021- 2031F |
6.2.5 Latvia Proteins Market Revenues & Volume, By Insect Cells, 2021- 2031F |
6.2.6 Latvia Proteins Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Latvia Proteins Market, By End use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Proteins Market Revenues & Volume, By Pharmaceutical & Biotechnology Companies, 2021- 2031F |
6.3.3 Latvia Proteins Market Revenues & Volume, By Academic & Research Institutes, 2021- 2031F |
6.3.4 Latvia Proteins Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Proteins Market Import-Export Trade Statistics |
7.1 Latvia Proteins Market Export to Major Countries |
7.2 Latvia Proteins Market Imports from Major Countries |
8 Latvia Proteins Market Key Performance Indicators |
9 Latvia Proteins Market - Opportunity Assessment |
9.1 Latvia Proteins Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Proteins Market Opportunity Assessment, By Host Cell, 2021 & 2031F |
9.3 Latvia Proteins Market Opportunity Assessment, By End use, 2021 & 2031F |
10 Latvia Proteins Market - Competitive Landscape |
10.1 Latvia Proteins Market Revenue Share, By Companies, 2024 |
10.2 Latvia Proteins 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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