Latvia Soy and Milk Protein Ingredients Market (2025-2031) | Competitive Landscape, Value, Industry, Size & Revenue, Analysis, Growth, Outlook, Segmentation, Trends, Share, Forecast, Companies

Market Forecast By Protein Type (Soy Protein Isolates, Soy Protein Concentrates, Soy Protein Hydrolysates, Others), By Milk Protein Types (Milk Protein Concentrates & Isolates, Casein/Caseinates, Whey Protein Concentrates, Whey Protein Isolates, Whey Protein Hydrolysates), By Application (Food & Beverages, Infant formulations, Personal care and cosmetics, Animal Feed) And Competitive Landscape
Product Code: ETC7922018 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

Latvia Soy and Milk Protein Ingredients Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The import shipments of soy and milk protein ingredients into Latvia saw significant growth in 2024, with top exporters being Germany, Lithuania, Netherlands, Estonia, and Serbia. The market showed a transition from low to moderate concentration, indicating increased competition among suppliers. The impressive compound annual growth rate (CAGR) of 22.6% from 2020 to 2024 highlights the rising demand for these ingredients in Latvia. Moreover, the growth rate of 9.61% from 2023 to 2024 suggests a continued upward trajectory, making the Latvian market an attractive destination for international suppliers.

Latvia Soy and Milk Protein Ingredients Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Latvia Soy and Milk Protein Ingredients Market Outlook
  • Market Size of Latvia Soy and Milk Protein Ingredients Market, 2024
  • Forecast of Latvia Soy and Milk Protein Ingredients Market, 2031
  • Historical Data and Forecast of Latvia Soy and Milk Protein Ingredients Revenues & Volume for the Period 2021- 2031
  • Latvia Soy and Milk Protein Ingredients Market Trend Evolution
  • Latvia Soy and Milk Protein Ingredients Market Drivers and Challenges
  • Latvia Soy and Milk Protein Ingredients Price Trends
  • Latvia Soy and Milk Protein Ingredients Porter's Five Forces
  • Latvia Soy and Milk Protein Ingredients Industry Life Cycle
  • Historical Data and Forecast of Latvia Soy and Milk Protein Ingredients Market Revenues & Volume By Protein Type for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Soy and Milk Protein Ingredients Market Revenues & Volume By Soy Protein Isolates for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Soy and Milk Protein Ingredients Market Revenues & Volume By Soy Protein Concentrates for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Soy and Milk Protein Ingredients Market Revenues & Volume By Soy Protein Hydrolysates for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Soy and Milk Protein Ingredients Market Revenues & Volume By Others for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Soy and Milk Protein Ingredients Market Revenues & Volume By Milk Protein Types for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Soy and Milk Protein Ingredients Market Revenues & Volume By Milk Protein Concentrates & Isolates for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Soy and Milk Protein Ingredients Market Revenues & Volume By Casein/Caseinates for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Soy and Milk Protein Ingredients Market Revenues & Volume By Whey Protein Concentrates for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Soy and Milk Protein Ingredients Market Revenues & Volume By Whey Protein Isolates for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Soy and Milk Protein Ingredients Market Revenues & Volume By Whey Protein Hydrolysates for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Soy and Milk Protein Ingredients Market Revenues & Volume By Application for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Soy and Milk Protein Ingredients Market Revenues & Volume By Food & Beverages for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Soy and Milk Protein Ingredients Market Revenues & Volume By Infant formulations for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Soy and Milk Protein Ingredients Market Revenues & Volume By Personal care and cosmetics for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Soy and Milk Protein Ingredients Market Revenues & Volume By Animal Feed for the Period 2021- 2031
  • Latvia Soy and Milk Protein Ingredients Import Export Trade Statistics
  • Market Opportunity Assessment By Protein Type
  • Market Opportunity Assessment By Milk Protein Types
  • Market Opportunity Assessment By Application
  • Latvia Soy and Milk Protein Ingredients Top Companies Market Share
  • Latvia Soy and Milk Protein Ingredients Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Soy and Milk Protein Ingredients Company Profiles
  • Latvia Soy and Milk Protein Ingredients Key Strategic Recommendations

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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 Soy and Milk Protein Ingredients Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Soy and Milk Protein Ingredients Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Soy and Milk Protein Ingredients Market - Industry Life Cycle

3.4 Latvia Soy and Milk Protein Ingredients Market - Porter's Five Forces

3.5 Latvia Soy and Milk Protein Ingredients Market Revenues & Volume Share, By Protein Type, 2021 & 2031F

3.6 Latvia Soy and Milk Protein Ingredients Market Revenues & Volume Share, By Milk Protein Types, 2021 & 2031F

3.7 Latvia Soy and Milk Protein Ingredients Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Latvia Soy and Milk Protein Ingredients Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing consumer awareness regarding health benefits of soy and milk protein ingredients

4.2.2 Growing demand for plant-based protein products in Latvia

4.2.3 Rising prevalence of lactose intolerance and dairy allergies in the population

4.3 Market Restraints

4.3.1 High cost of soy and milk protein ingredients compared to traditional sources of protein

4.3.2 Limited availability of locally sourced soy and milk protein ingredients

4.3.3 Regulatory challenges related to labeling and marketing of plant-based protein products

5 Latvia Soy and Milk Protein Ingredients Market Trends

6 Latvia Soy and Milk Protein Ingredients Market, By Types

6.1 Latvia Soy and Milk Protein Ingredients Market, By Protein Type

6.1.1 Overview and Analysis

6.1.2 Latvia Soy and Milk Protein Ingredients Market Revenues & Volume, By Protein Type, 2021- 2031F

6.1.3 Latvia Soy and Milk Protein Ingredients Market Revenues & Volume, By Soy Protein Isolates, 2021- 2031F

6.1.4 Latvia Soy and Milk Protein Ingredients Market Revenues & Volume, By Soy Protein Concentrates, 2021- 2031F

6.1.5 Latvia Soy and Milk Protein Ingredients Market Revenues & Volume, By Soy Protein Hydrolysates, 2021- 2031F

6.1.6 Latvia Soy and Milk Protein Ingredients Market Revenues & Volume, By Others, 2021- 2031F

6.2 Latvia Soy and Milk Protein Ingredients Market, By Milk Protein Types

6.2.1 Overview and Analysis

6.2.2 Latvia Soy and Milk Protein Ingredients Market Revenues & Volume, By Milk Protein Concentrates & Isolates, 2021- 2031F

6.2.3 Latvia Soy and Milk Protein Ingredients Market Revenues & Volume, By Casein/Caseinates, 2021- 2031F

6.2.4 Latvia Soy and Milk Protein Ingredients Market Revenues & Volume, By Whey Protein Concentrates, 2021- 2031F

6.2.5 Latvia Soy and Milk Protein Ingredients Market Revenues & Volume, By Whey Protein Isolates, 2021- 2031F

6.2.6 Latvia Soy and Milk Protein Ingredients Market Revenues & Volume, By Whey Protein Hydrolysates, 2021- 2031F

6.3 Latvia Soy and Milk Protein Ingredients Market, By Application

6.3.1 Overview and Analysis

6.3.2 Latvia Soy and Milk Protein Ingredients Market Revenues & Volume, By Food & Beverages, 2021- 2031F

6.3.3 Latvia Soy and Milk Protein Ingredients Market Revenues & Volume, By Infant formulations, 2021- 2031F

6.3.4 Latvia Soy and Milk Protein Ingredients Market Revenues & Volume, By Personal care and cosmetics, 2021- 2031F

6.3.5 Latvia Soy and Milk Protein Ingredients Market Revenues & Volume, By Animal Feed, 2021- 2031F

7 Latvia Soy and Milk Protein Ingredients Market Import-Export Trade Statistics

7.1 Latvia Soy and Milk Protein Ingredients Market Export to Major Countries

7.2 Latvia Soy and Milk Protein Ingredients Market Imports from Major Countries

8 Latvia Soy and Milk Protein Ingredients Market Key Performance Indicators

8.1 Consumer adoption rate of soy and milk protein ingredients in food products

8.2 Number of new product launches containing soy and milk protein ingredients in the Latvian market

8.3 Growth rate of the plant-based protein market segment in Latvia

9 Latvia Soy and Milk Protein Ingredients Market - Opportunity Assessment

9.1 Latvia Soy and Milk Protein Ingredients Market Opportunity Assessment, By Protein Type, 2021 & 2031F

9.2 Latvia Soy and Milk Protein Ingredients Market Opportunity Assessment, By Milk Protein Types, 2021 & 2031F

9.3 Latvia Soy and Milk Protein Ingredients Market Opportunity Assessment, By Application, 2021 & 2031F

10 Latvia Soy and Milk Protein Ingredients Market - Competitive Landscape

10.1 Latvia Soy and Milk Protein Ingredients Market Revenue Share, By Companies, 2024

10.2 Latvia Soy and Milk Protein Ingredients Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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