| Product Code: ETC4754139 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The sodium caseinate import market in Latvia continued to show strong growth in 2024, with key suppliers being Lithuania, Germany, Poland, Finland, and Estonia. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 4.75% from 2020 to 2024 demonstrates sustained expansion. Furthermore, the notable growth rate of 14.27% from 2023 to 2024 suggests increasing demand for sodium caseinate in Latvia. Overall, the market dynamics point towards a positive outlook for import shipments of sodium caseinate in the country.

By 2027, Latvia's Sodium Caseinate market is forecasted to achieve a stable growth rate of 0.63%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

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 Sodium Caseinate Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Sodium Caseinate Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Sodium Caseinate Market - Industry Life Cycle |
3.4 Latvia Sodium Caseinate Market - Porter's Five Forces |
3.5 Latvia Sodium Caseinate Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Latvia Sodium Caseinate Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Sodium Caseinate Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Latvia Sodium Caseinate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for functional food and beverages with added proteins |
4.2.2 Growing awareness about health benefits of sodium caseinate |
4.2.3 Expansion of food processing industry in Latvia |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Stringent regulations governing food additives in Latvia |
4.3.3 Competition from alternative protein sources |
5 Latvia Sodium Caseinate Market Trends |
6 Latvia Sodium Caseinate Market Segmentations |
6.1 Latvia Sodium Caseinate Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Latvia Sodium Caseinate Market Revenues & Volume, By Food Grade, 2021-2031F |
6.1.3 Latvia Sodium Caseinate Market Revenues & Volume, By Industry Grade, 2021-2031F |
6.2 Latvia Sodium Caseinate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Sodium Caseinate Market Revenues & Volume, By Food Additive, 2021-2031F |
6.2.3 Latvia Sodium Caseinate Market Revenues & Volume, By Emulsifier, 2021-2031F |
6.2.4 Latvia Sodium Caseinate Market Revenues & Volume, By Fat Stabilizer, 2021-2031F |
6.2.5 Latvia Sodium Caseinate Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Sodium Caseinate Market, By End-use Industry |
6.3.1 Overview and Analysis |
6.3.2 Latvia Sodium Caseinate Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.3.3 Latvia Sodium Caseinate Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.4 Latvia Sodium Caseinate Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.3.5 Latvia Sodium Caseinate Market Revenues & Volume, By Chemicals, 2021-2031F |
6.3.6 Latvia Sodium Caseinate Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Sodium Caseinate Market Import-Export Trade Statistics |
7.1 Latvia Sodium Caseinate Market Export to Major Countries |
7.2 Latvia Sodium Caseinate Market Imports from Major Countries |
8 Latvia Sodium Caseinate Market Key Performance Indicators |
8.1 Percentage increase in the number of new product launches containing sodium caseinate |
8.2 Growth in per capita consumption of functional foods and beverages in Latvia |
8.3 Number of partnerships and collaborations between sodium caseinate manufacturers and food processors in Latvia |
9 Latvia Sodium Caseinate Market - Opportunity Assessment |
9.1 Latvia Sodium Caseinate Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Latvia Sodium Caseinate Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Sodium Caseinate Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Latvia Sodium Caseinate Market - Competitive Landscape |
10.1 Latvia Sodium Caseinate Market Revenue Share, By Companies, 2024 |
10.2 Latvia Sodium Caseinate 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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