| Product Code: ETC5806549 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia continues to see a steady flow of snack pellets imports, with top contributing countries being Lithuania, Poland, Estonia, Spain, and Czechia in 2024. The market remains concentrated with high Herfindahl-Hirschman Index (HHI) levels. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period 2020-2024 stands at a respectable 5.01%. The market dynamics suggest a stable and growing demand for snack pellets in Latvia, with key players from neighboring countries dominating the import landscape.

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 Pellets Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Snack Pellets Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Snack Pellets Market - Industry Life Cycle |
3.4 Latvia Snack Pellets Market - Porter's Five Forces |
3.5 Latvia Snack Pellets Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Snack Pellets Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Latvia Snack Pellets Market Revenues & Volume Share, By Technique, 2021 & 2031F |
4 Latvia Snack Pellets Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for convenience foods |
4.2.2 Growing demand for healthier snack options |
4.2.3 Rising disposable income leading to higher spending on snacks |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from other snack manufacturers |
4.3.3 Changing consumer preferences and trends affecting product demand |
5 Latvia Snack Pellets Market Trends |
6 Latvia Snack Pellets Market Segmentations |
6.1 Latvia Snack Pellets Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Snack Pellets Market Revenues & Volume, By Potato, 2021-2031F |
6.1.3 Latvia Snack Pellets Market Revenues & Volume, By Corn, 2021-2031F |
6.1.4 Latvia Snack Pellets Market Revenues & Volume, By Rice, 2021-2031F |
6.1.5 Latvia Snack Pellets Market Revenues & Volume, By Tapioca, 2021-2031F |
6.1.6 Latvia Snack Pellets Market Revenues & Volume, By Multigrain, 2021-2031F |
6.2 Latvia Snack Pellets Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Latvia Snack Pellets Market Revenues & Volume, By Laminated, 2021-2031F |
6.2.3 Latvia Snack Pellets Market Revenues & Volume, By Tridimensional, 2021-2031F |
6.2.4 Latvia Snack Pellets Market Revenues & Volume, By Die-face, 2021-2031F |
6.2.5 Latvia Snack Pellets Market Revenues & Volume, By Gelatinized, 2021-2031F |
6.3 Latvia Snack Pellets Market, By Technique |
6.3.1 Overview and Analysis |
6.3.2 Latvia Snack Pellets Market Revenues & Volume, By Twin-screw extruder, 2021-2031F |
6.3.3 Latvia Snack Pellets Market Revenues & Volume, By Single-screw extruder, 2021-2031F |
7 Latvia Snack Pellets Market Import-Export Trade Statistics |
7.1 Latvia Snack Pellets Market Export to Major Countries |
7.2 Latvia Snack Pellets Market Imports from Major Countries |
8 Latvia Snack Pellets Market Key Performance Indicators |
8.1 Consumer engagement on social media platforms |
8.2 Rate of new product development and innovation |
8.3 Customer satisfaction and loyalty metrics |
9 Latvia Snack Pellets Market - Opportunity Assessment |
9.1 Latvia Snack Pellets Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Snack Pellets Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Latvia Snack Pellets Market Opportunity Assessment, By Technique, 2021 & 2031F |
10 Latvia Snack Pellets Market - Competitive Landscape |
10.1 Latvia Snack Pellets Market Revenue Share, By Companies, 2024 |
10.2 Latvia Snack Pellets 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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