| Product Code: ETC10888117 | 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 |
Latvia continues to see a steady increase in synbiotics import shipments, with key exporting countries such as Lithuania, Netherlands, Switzerland, Poland, and Germany dominating the market in 2024. The low concentration of the Herfindahl-Hirschman Index (HHI) indicates a diverse market landscape. The compound annual growth rate (CAGR) from 2020 to 2024 stands at a healthy 8.6%, with a notable growth rate of 7.03% from 2023 to 2024, showcasing sustained expansion and opportunities for further development in the synbiotics 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 Synbiotics Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Synbiotics Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Synbiotics Market - Industry Life Cycle |
3.4 Latvia Synbiotics Market - Porter's Five Forces |
3.5 Latvia Synbiotics Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Synbiotics Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Synbiotics Market Revenues & Volume Share, By Ingredient Type, 2021 & 2031F |
3.8 Latvia Synbiotics Market Revenues & Volume Share, By Health Benefit, 2021 & 2031F |
4 Latvia Synbiotics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the importance of gut health and the benefits of synbiotics |
4.2.2 Growing demand for functional foods and dietary supplements in Latvia |
4.2.3 Rising prevalence of digestive disorders and related health issues in the population |
4.3 Market Restraints |
4.3.1 Lack of understanding among consumers about the difference between probiotics, prebiotics, and synbiotics |
4.3.2 Limited availability of high-quality synbiotic products in the market |
4.3.3 Regulatory challenges and restrictions on health claims related to synbiotics |
5 Latvia Synbiotics Market Trends |
6 Latvia Synbiotics Market, By Types |
6.1 Latvia Synbiotics Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Synbiotics Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Latvia Synbiotics Market Revenues & Volume, By Probiotic Supplements, 2021 - 2031F |
6.1.4 Latvia Synbiotics Market Revenues & Volume, By Synbiotic Foods, 2021 - 2031F |
6.2 Latvia Synbiotics Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Synbiotics Market Revenues & Volume, By Digestive Health, 2021 - 2031F |
6.2.3 Latvia Synbiotics Market Revenues & Volume, By Food Processing, 2021 - 2031F |
6.3 Latvia Synbiotics Market, By Ingredient Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Synbiotics Market Revenues & Volume, By Prebiotics, 2021 - 2031F |
6.3.3 Latvia Synbiotics Market Revenues & Volume, By Fermented Products, 2021 - 2031F |
6.4 Latvia Synbiotics Market, By Health Benefit |
6.4.1 Overview and Analysis |
6.4.2 Latvia Synbiotics Market Revenues & Volume, By Gut Health, 2021 - 2031F |
6.4.3 Latvia Synbiotics Market Revenues & Volume, By Immune Health, 2021 - 2031F |
7 Latvia Synbiotics Market Import-Export Trade Statistics |
7.1 Latvia Synbiotics Market Export to Major Countries |
7.2 Latvia Synbiotics Market Imports from Major Countries |
8 Latvia Synbiotics Market Key Performance Indicators |
8.1 Number of scientific studies and research publications on the benefits of synbiotics |
8.2 Percentage increase in the number of health and wellness stores carrying synbiotic products |
8.3 Consumer engagement and awareness levels through social media mentions and online discussions about synbiotics |
9 Latvia Synbiotics Market - Opportunity Assessment |
9.1 Latvia Synbiotics Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Synbiotics Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Synbiotics Market Opportunity Assessment, By Ingredient Type, 2021 & 2031F |
9.4 Latvia Synbiotics Market Opportunity Assessment, By Health Benefit, 2021 & 2031F |
10 Latvia Synbiotics Market - Competitive Landscape |
10.1 Latvia Synbiotics Market Revenue Share, By Companies, 2024 |
10.2 Latvia Synbiotics 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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