| Product Code: ETC10847413 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Latvia continued to see a steady influx of snack pellet imports, with top suppliers being Lithuania, Poland, Estonia, Spain, and Czechia. Despite some fluctuations in growth rate, the Herfindahl-Hirschman Index (HHI) indicated a persistently high concentration within the market. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 5.01%, albeit with a slight decline in growth rate from 2023 to 2024. This data suggests a stable and competitive landscape for snack pellet imports in Latvia, with key players maintaining their stronghold in the 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 Snack Pellet Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Snack Pellet Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Snack Pellet Market - Industry Life Cycle |
3.4 Latvia Snack Pellet Market - Porter's Five Forces |
3.5 Latvia Snack Pellet Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Snack Pellet Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Latvia Snack Pellet Market Revenues & Volume Share, By Processing Method, 2021 & 2031F |
3.8 Latvia Snack Pellet Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Snack Pellet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for convenient and on-the-go snack options |
4.2.2 Growing demand for healthier snack alternatives |
4.2.3 Rising disposable income leading to higher spending on snack products |
4.2.4 Innovation in flavors and product variations driving consumer interest |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition among snack pellet manufacturers |
4.3.3 Regulatory challenges related to food safety standards and labeling requirements |
5 Latvia Snack Pellet Market Trends |
6 Latvia Snack Pellet Market, By Types |
6.1 Latvia Snack Pellet Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Snack Pellet Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Snack Pellet Market Revenues & Volume, By Potato-Based Pellets, 2021 - 2031F |
6.1.4 Latvia Snack Pellet Market Revenues & Volume, By Corn-Based Pellets, 2021 - 2031F |
6.1.5 Latvia Snack Pellet Market Revenues & Volume, By Rice-Based Pellets, 2021 - 2031F |
6.2 Latvia Snack Pellet Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Latvia Snack Pellet Market Revenues & Volume, By Starch-Based, 2021 - 2031F |
6.2.3 Latvia Snack Pellet Market Revenues & Volume, By Multi-Grain, 2021 - 2031F |
6.2.4 Latvia Snack Pellet Market Revenues & Volume, By Protein-Enriched, 2021 - 2031F |
6.3 Latvia Snack Pellet Market, By Processing Method |
6.3.1 Overview and Analysis |
6.3.2 Latvia Snack Pellet Market Revenues & Volume, By Hot Air Expansion, 2021 - 2031F |
6.3.3 Latvia Snack Pellet Market Revenues & Volume, By Frying, 2021 - 2031F |
6.3.4 Latvia Snack Pellet Market Revenues & Volume, By Extrusion, 2021 - 2031F |
6.4 Latvia Snack Pellet Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Snack Pellet Market Revenues & Volume, By Ready-to-Eat Snacks, 2021 - 2031F |
6.4.3 Latvia Snack Pellet Market Revenues & Volume, By Instant Cooking, 2021 - 2031F |
6.4.4 Latvia Snack Pellet Market Revenues & Volume, By Snack Food Industry, 2021 - 2031F |
7 Latvia Snack Pellet Market Import-Export Trade Statistics |
7.1 Latvia Snack Pellet Market Export to Major Countries |
7.2 Latvia Snack Pellet Market Imports from Major Countries |
8 Latvia Snack Pellet Market Key Performance Indicators |
8.1 Rate of new product development and introduction |
8.2 Consumer engagement and feedback on social media platforms |
8.3 Market penetration in different distribution channels |
8.4 Number of partnerships and collaborations for product expansion |
8.5 Percentage of repeat customers and brand loyalty |
9 Latvia Snack Pellet Market - Opportunity Assessment |
9.1 Latvia Snack Pellet Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Snack Pellet Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Latvia Snack Pellet Market Opportunity Assessment, By Processing Method, 2021 & 2031F |
9.4 Latvia Snack Pellet Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Snack Pellet Market - Competitive Landscape |
10.1 Latvia Snack Pellet Market Revenue Share, By Companies, 2024 |
10.2 Latvia Snack Pellet Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |