Latvia Vitamin B-complex Ingredients Market (2025-2031) | Value, Analysis, Revenue, Segmentation, Size, Outlook, Trends, Share, Industry, Forecast, Companies & Growth

Market Forecast By Type (Vitamin B1, Vitamin B2, Vitamin B3, Vitamin B5, Vitamin B6, Vitamin B7, Vitamin B9, Vitamin B12), By Application (Pharmaceuticals, F&B, Animal Feed, Cosmetics) And Competitive Landscape
Product Code: ETC4734189 Publication Date: Nov 2023 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Latvia Vitamin B-complex Ingredients Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The import of vitamin B-complex ingredients in Latvia saw a significant shift in concentration levels from high in 2023 to very high in 2024, with top exporting countries being Germany, Denmark, Lithuania, Belgium, and Netherlands. The CAGR from 2020 to 2024 stood at 2.52%, indicating steady growth over the period. However, there was a notable decline in growth rate from 2023 to 2024 at -16.86%. This suggests a potential market adjustment or external factors influencing the import dynamics of vitamin B-complex ingredients in Latvia.

Latvia Vitamin B-complex Ingredients Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Latvia Vitamin B-complex Ingredients Market Outlook
  • Market Size of Latvia Vitamin B-complex Ingredients Market, 2024
  • Forecast of Latvia Vitamin B-complex Ingredients Market, 2031
  • Historical Data and Forecast of Latvia Vitamin B-complex Ingredients Revenues & Volume for the Period 2021-2031
  • Latvia Vitamin B-complex Ingredients Market Trend Evolution
  • Latvia Vitamin B-complex Ingredients Market Drivers and Challenges
  • Latvia Vitamin B-complex Ingredients Price Trends
  • Latvia Vitamin B-complex Ingredients Porter`s Five Forces
  • Latvia Vitamin B-complex Ingredients Industry Life Cycle
  • Historical Data and Forecast of Latvia Vitamin B-complex Ingredients Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Vitamin B-complex Ingredients Market Revenues & Volume By Vitamin B1 for the Period 2021-2031
  • Historical Data and Forecast of Latvia Vitamin B-complex Ingredients Market Revenues & Volume By Vitamin B2 for the Period 2021-2031
  • Historical Data and Forecast of Latvia Vitamin B-complex Ingredients Market Revenues & Volume By Vitamin B3 for the Period 2021-2031
  • Historical Data and Forecast of Latvia Vitamin B-complex Ingredients Market Revenues & Volume By Vitamin B5 for the Period 2021-2031
  • Historical Data and Forecast of Latvia Vitamin B-complex Ingredients Market Revenues & Volume By Vitamin B6 for the Period 2021-2031
  • Historical Data and Forecast of Latvia Vitamin B-complex Ingredients Market Revenues & Volume By Vitamin B7 for the Period 2021-2031
  • Historical Data and Forecast of Latvia Vitamin B-complex Ingredients Market Revenues & Volume By Vitamin B9 for the Period 2021-2031
  • Historical Data and Forecast of Latvia Vitamin B1 Vitamin B-complex Ingredients Market Revenues & Volume By Vitamin B12 for the Period 2021-2031
  • Historical Data and Forecast of Latvia Vitamin B-complex Ingredients Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Latvia Vitamin B-complex Ingredients Market Revenues & Volume By Pharmaceuticals for the Period 2021-2031
  • Historical Data and Forecast of Latvia Vitamin B-complex Ingredients Market Revenues & Volume By F&B for the Period 2021-2031
  • Historical Data and Forecast of Latvia Vitamin B-complex Ingredients Market Revenues & Volume By Animal Feed for the Period 2021-2031
  • Historical Data and Forecast of Latvia Vitamin B-complex Ingredients Market Revenues & Volume By Cosmetics for the Period 2021-2031
  • Latvia Vitamin B-complex Ingredients Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Latvia Vitamin B-complex Ingredients Top Companies Market Share
  • Latvia Vitamin B-complex Ingredients Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Vitamin B-complex Ingredients Company Profiles
  • Latvia Vitamin B-complex Ingredients Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Vitamin B-complex Ingredients 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 Vitamin B-complex Ingredients 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 Vitamin B-complex Ingredients Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Vitamin B-complex Ingredients Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Vitamin B-complex Ingredients Market - Industry Life Cycle

3.4 Latvia Vitamin B-complex Ingredients Market - Porter's Five Forces

3.5 Latvia Vitamin B-complex Ingredients Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Latvia Vitamin B-complex Ingredients Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Latvia Vitamin B-complex Ingredients Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growing awareness about the benefits of vitamin B-complex supplements for overall health and wellness.

4.2.2 Increasing focus on preventive healthcare leading to higher demand for dietary supplements.

4.2.3 Rise in the prevalence of lifestyle-related health issues driving the consumption of vitamin B-complex ingredients.

4.3 Market Restraints

4.3.1 Stringent regulations and compliance requirements in the supplement industry.

4.3.2 Fluctuating raw material prices impacting the production cost of vitamin B-complex ingredients.

4.3.3 Limited consumer understanding of the specific benefits of different B-complex vitamins.

5 Latvia Vitamin B-complex Ingredients Market Trends

6 Latvia Vitamin B-complex Ingredients Market Segmentations

6.1 Latvia Vitamin B-complex Ingredients Market, By Type

6.1.1 Overview and Analysis

6.1.2 Latvia Vitamin B-complex Ingredients Market Revenues & Volume, By Vitamin B1, 2021-2031F

6.1.3 Latvia Vitamin B-complex Ingredients Market Revenues & Volume, By Vitamin B2, 2021-2031F

6.1.4 Latvia Vitamin B-complex Ingredients Market Revenues & Volume, By Vitamin B3, 2021-2031F

6.1.5 Latvia Vitamin B-complex Ingredients Market Revenues & Volume, By Vitamin B5, 2021-2031F

6.1.6 Latvia Vitamin B-complex Ingredients Market Revenues & Volume, By Vitamin B6, 2021-2031F

6.1.7 Latvia Vitamin B-complex Ingredients Market Revenues & Volume, By Vitamin B7, 2021-2031F

6.1.9 Latvia Vitamin B-complex Ingredients Market Revenues & Volume, By Vitamin B12, 2021-2031F

6.1.10 Latvia Vitamin B-complex Ingredients Market Revenues & Volume, By Vitamin B12, 2021-2031F

6.2 Latvia Vitamin B-complex Ingredients Market, By Application

6.2.1 Overview and Analysis

6.2.2 Latvia Vitamin B-complex Ingredients Market Revenues & Volume, By Pharmaceuticals, 2021-2031F

6.2.3 Latvia Vitamin B-complex Ingredients Market Revenues & Volume, By F&B, 2021-2031F

6.2.4 Latvia Vitamin B-complex Ingredients Market Revenues & Volume, By Animal Feed, 2021-2031F

6.2.5 Latvia Vitamin B-complex Ingredients Market Revenues & Volume, By Cosmetics, 2021-2031F

7 Latvia Vitamin B-complex Ingredients Market Import-Export Trade Statistics

7.1 Latvia Vitamin B-complex Ingredients Market Export to Major Countries

7.2 Latvia Vitamin B-complex Ingredients Market Imports from Major Countries

8 Latvia Vitamin B-complex Ingredients Market Key Performance Indicators

8.1 Consumer awareness and perception surveys regarding the importance of vitamin B-complex supplements.

8.2 Number of new product launches and innovations in the vitamin B-complex ingredients market.

8.3 Research and development investment in improving the bioavailability and effectiveness of B-complex formulations.

9 Latvia Vitamin B-complex Ingredients Market - Opportunity Assessment

9.1 Latvia Vitamin B-complex Ingredients Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Latvia Vitamin B-complex Ingredients Market Opportunity Assessment, By Application, 2021 & 2031F

10 Latvia Vitamin B-complex Ingredients Market - Competitive Landscape

10.1 Latvia Vitamin B-complex Ingredients Market Revenue Share, By Companies, 2024

10.2 Latvia Vitamin B-complex Ingredients Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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