| Product Code: ETC7923994 | 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 |
In 2024, Latvia continued to see significant import shipments of vegetable snacks, with top exporters being Lithuania, Poland, Germany, Sweden, and Estonia. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 10.51%, with a steady growth rate of 1.27% from 2023 to 2024. This data reflects the sustained demand for vegetable snacks in Latvia and the strong trade relationships with neighboring countries for sourcing these products.

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 Vegetable Snacks Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Vegetable Snacks Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Vegetable Snacks Market - Industry Life Cycle |
3.4 Latvia Vegetable Snacks Market - Porter's Five Forces |
3.5 Latvia Vegetable Snacks Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Vegetable Snacks Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Vegetable Snacks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about health and wellness leading to a shift towards healthier snack options like vegetable snacks. |
4.2.2 Growing trend of vegetarianism and veganism in Latvia driving the demand for vegetable snacks. |
4.2.3 Innovation in product offerings and flavors by manufacturers to cater to changing consumer preferences and tastes. |
4.3 Market Restraints |
4.3.1 Seasonal availability and limited variety of locally grown vegetables may impact the supply chain and production of vegetable snacks. |
4.3.2 Higher pricing of vegetable snacks compared to traditional snack options like chips and candies might deter price-sensitive consumers. |
5 Latvia Vegetable Snacks Market Trends |
6 Latvia Vegetable Snacks Market, By Types |
6.1 Latvia Vegetable Snacks Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Vegetable Snacks Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Vegetable Snacks Market Revenues & Volume, By Chips and Crisps, 2021- 2031F |
6.1.4 Latvia Vegetable Snacks Market Revenues & Volume, By Nuts and Seeds, 2021- 2031F |
6.1.5 Latvia Vegetable Snacks Market Revenues & Volume, By Dried Veggies, 2021- 2031F |
6.1.6 Latvia Vegetable Snacks Market Revenues & Volume, By BiscuitsandCookies, 2021- 2031F |
6.1.7 Latvia Vegetable Snacks Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Vegetable Snacks Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Vegetable Snacks Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021- 2031F |
6.2.3 Latvia Vegetable Snacks Market Revenues & Volume, By Grocery Stores, 2021- 2031F |
6.2.4 Latvia Vegetable Snacks Market Revenues & Volume, By Online, 2021- 2031F |
6.2.5 Latvia Vegetable Snacks Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Vegetable Snacks Market Import-Export Trade Statistics |
7.1 Latvia Vegetable Snacks Market Export to Major Countries |
7.2 Latvia Vegetable Snacks Market Imports from Major Countries |
8 Latvia Vegetable Snacks Market Key Performance Indicators |
8.1 Consumer engagement on social media platforms for vegetable snack brands. |
8.2 Number of new product launches and innovations in the vegetable snacks market. |
8.3 Growth in distribution channels for vegetable snacks, such as online platforms and specialty stores. |
9 Latvia Vegetable Snacks Market - Opportunity Assessment |
9.1 Latvia Vegetable Snacks Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Vegetable Snacks Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Vegetable Snacks Market - Competitive Landscape |
10.1 Latvia Vegetable Snacks Market Revenue Share, By Companies, 2024 |
10.2 Latvia Vegetable Snacks 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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