| Product Code: ETC7923981 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Latvia market for vegan supplements import shipments saw significant growth in 2024, with top exporting countries being Lithuania, Poland, Netherlands, Ukraine, and Germany. The market concentration, as measured by the HHI, remained low, indicating a competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 was a healthy 6.24%, with a notable growth rate of 12.4% from 2023 to 2024. This data suggests a growing demand for vegan supplements in Latvia, with diverse sources of imports contributing to the market expansion.

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 Vegan Supplements Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Vegan Supplements Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Vegan Supplements Market - Industry Life Cycle |
3.4 Latvia Vegan Supplements Market - Porter's Five Forces |
3.5 Latvia Vegan Supplements Market Revenues & Volume Share, By Ingredient, 2021 & 2031F |
3.6 Latvia Vegan Supplements Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Latvia Vegan Supplements Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Vegan Supplements Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about health and wellness benefits of vegan supplements |
4.2.2 Growing trend towards plant-based diets and lifestyles |
4.2.3 Rising concerns about animal welfare and sustainability practices in supplement industry |
4.3 Market Restraints |
4.3.1 Limited availability and high cost of vegan supplement products |
4.3.2 Lack of regulatory framework specific to vegan supplements in Latvia |
4.3.3 Perception of vegan supplements as less effective compared to traditional supplements |
5 Latvia Vegan Supplements Market Trends |
6 Latvia Vegan Supplements Market, By Types |
6.1 Latvia Vegan Supplements Market, By Ingredient |
6.1.1 Overview and Analysis |
6.1.2 Latvia Vegan Supplements Market Revenues & Volume, By Ingredient, 2021- 2031F |
6.1.3 Latvia Vegan Supplements Market Revenues & Volume, By Vitamins & Minerals, 2021- 2031F |
6.1.4 Latvia Vegan Supplements Market Revenues & Volume, By Protein Supplements, 2021- 2031F |
6.1.5 Latvia Vegan Supplements Market Revenues & Volume, By Omega-3 Fatty Acids, 2021- 2031F |
6.1.6 Latvia Vegan Supplements Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Vegan Supplements Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Latvia Vegan Supplements Market Revenues & Volume, By Capsules, 2021- 2031F |
6.2.3 Latvia Vegan Supplements Market Revenues & Volume, By Tablets, 2021- 2031F |
6.2.4 Latvia Vegan Supplements Market Revenues & Volume, By Powders, 2021- 2031F |
6.2.5 Latvia Vegan Supplements Market Revenues & Volume, By Liquids, 2021- 2031F |
6.2.6 Latvia Vegan Supplements Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Latvia Vegan Supplements Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Vegan Supplements Market Revenues & Volume, By Offline, 2021- 2031F |
6.3.3 Latvia Vegan Supplements Market Revenues & Volume, By Online, 2021- 2031F |
7 Latvia Vegan Supplements Market Import-Export Trade Statistics |
7.1 Latvia Vegan Supplements Market Export to Major Countries |
7.2 Latvia Vegan Supplements Market Imports from Major Countries |
8 Latvia Vegan Supplements Market Key Performance Indicators |
8.1 Number of new vegan supplement product launches in the Latvian market |
8.2 Percentage of consumers adopting plant-based diets in Latvia |
8.3 Growth in the number of retail outlets and online platforms offering vegan supplements in Latvia |
9 Latvia Vegan Supplements Market - Opportunity Assessment |
9.1 Latvia Vegan Supplements Market Opportunity Assessment, By Ingredient, 2021 & 2031F |
9.2 Latvia Vegan Supplements Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Latvia Vegan Supplements Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Vegan Supplements Market - Competitive Landscape |
10.1 Latvia Vegan Supplements Market Revenue Share, By Companies, 2024 |
10.2 Latvia Vegan Supplements Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |