Latvia Soybean Meal Market (2025-2031) | Industry, Revenue, Trends, Size, Outlook, Share, Forecast, Value, Segmentation, Growth, Analysis & Companies
Market Forecast By Application (Animal Feed, Food Industry, Beverage, Healthcare Products) And Competitive Landscape
| Product Code: ETC4993273 | 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 |
Latvia Soybean Meal Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, Latvia continued to rely on neighboring countries such as Lithuania, Germany, and Denmark for soybean meal imports, along with significant contributions from the Netherlands and Russia. Despite a slight decrease in growth rate from the previous year, the market remained highly concentrated, indicating strong competition among the top exporting nations. With a notable compound annual growth rate (CAGR) of 16.71% from 2020 to 2024, the soybean meal import market in Latvia shows promising growth potential and significant opportunities for stakeholders in the industry.
Soybean Meal Market: Latvia vs Top 5 Major Economies in 2027 (Europe)
By 2027, Latvia's Soybean Meal market is forecasted to achieve a stable growth rate of 0.54%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.
Key Highlights of the Report:
- Latvia Soybean Meal Market Outlook
- Market Size of Latvia Soybean Meal Market, 2024
- Forecast of Latvia Soybean Meal Market, 2031
- Historical Data and Forecast of Latvia Soybean Meal Revenues & Volume for the Period 2021-2031
- Latvia Soybean Meal Market Trend Evolution
- Latvia Soybean Meal Market Drivers and Challenges
- Latvia Soybean Meal Price Trends
- Latvia Soybean Meal Porter`s Five Forces
- Latvia Soybean Meal Industry Life Cycle
- Historical Data and Forecast of Latvia Soybean Meal Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Latvia Soybean Meal Market Revenues & Volume By Animal Feed for the Period 2021-2031
- Historical Data and Forecast of Latvia Soybean Meal Market Revenues & Volume By Food Industry for the Period 2021-2031
- Historical Data and Forecast of Latvia Soybean Meal Market Revenues & Volume By Beverage for the Period 2021-2031
- Historical Data and Forecast of Latvia Soybean Meal Market Revenues & Volume By Healthcare Products for the Period 2021-2031
- Latvia Soybean Meal Import Export Trade Statistics
- Market Opportunity Assessment By Application
- Latvia Soybean Meal Top Companies Market Share
- Latvia Soybean Meal Competitive Benchmarking By Technical and Operational Parameters
- Latvia Soybean Meal Company Profiles
- Latvia Soybean Meal Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Soybean Meal Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Soybean Meal Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Soybean Meal Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Soybean Meal Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Soybean Meal Market - Industry Life Cycle |
3.4 Latvia Soybean Meal Market - Porter's Five Forces |
3.5 Latvia Soybean Meal Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Soybean Meal Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for protein-rich animal feed in Latvia |
4.2.2 Growth in the livestock industry in Latvia |
4.2.3 Favorable government policies supporting agriculture and livestock production |
4.3 Market Restraints |
4.3.1 Fluctuating prices of soybeans impacting the cost of soybean meal production |
4.3.2 Competition from alternative protein sources such as rapeseed meal |
4.3.3 Volatility in global soybean market affecting imports to Latvia |
5 Latvia Soybean Meal Market Trends |
6 Latvia Soybean Meal Market Segmentations |
6.1 Latvia Soybean Meal Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Latvia Soybean Meal Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.1.3 Latvia Soybean Meal Market Revenues & Volume, By Food Industry, 2021-2031F |
6.1.4 Latvia Soybean Meal Market Revenues & Volume, By Beverage, 2021-2031F |
6.1.5 Latvia Soybean Meal Market Revenues & Volume, By Healthcare Products, 2021-2031F |
7 Latvia Soybean Meal Market Import-Export Trade Statistics |
7.1 Latvia Soybean Meal Market Export to Major Countries |
7.2 Latvia Soybean Meal Market Imports from Major Countries |
8 Latvia Soybean Meal Market Key Performance Indicators |
8.1 Average selling price of soybean meal in Latvia |
8.2 Number of new partnerships between soybean meal producers and livestock farmers in Latvia |
8.3 Percentage increase in soybean meal consumption in the livestock industry |
9 Latvia Soybean Meal Market - Opportunity Assessment |
9.1 Latvia Soybean Meal Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Soybean Meal Market - Competitive Landscape |
10.1 Latvia Soybean Meal Market Revenue Share, By Companies, 2024 |
10.2 Latvia Soybean Meal Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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