| Product Code: ETC5331093 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s vitamins and supplement import market saw steady growth in 2024, with key exporters being Lithuania, Netherlands, Switzerland, Poland, and Germany. The market remains competitive, as indicated by the low Herfindahl-Hirschman Index (HHI) concentration. The compound annual growth rate (CAGR) from 2020 to 2024 was a robust 8.6%, with a notable growth rate of 7.03% from 2023 to 2024. This data suggests a positive outlook for the industry, driven by the diverse range of suppliers and consistent growth trends.

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 Vitamins And Supplement Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Vitamins And Supplement Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Vitamins And Supplement Market - Industry Life Cycle |
3.4 Latvia Vitamins And Supplement Market - Porter's Five Forces |
3.5 Latvia Vitamins And Supplement Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Vitamins And Supplement Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Latvia Vitamins And Supplement Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Vitamins And Supplement Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about health and wellness |
4.2.2 Growing aging population in Latvia |
4.2.3 Rising trend of preventive healthcare and self-care practices |
4.3 Market Restraints |
4.3.1 Stringent regulations and compliance requirements in the vitamins and supplement industry |
4.3.2 Economic uncertainty impacting consumer spending on non-essential products |
4.3.3 Competition from alternative health and wellness products |
5 Latvia Vitamins And Supplement Market Trends |
6 Latvia Vitamins And Supplement Market Segmentations |
6.1 Latvia Vitamins And Supplement Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Vitamins And Supplement Market Revenues & Volume, By Multivitamins, 2021-2031F |
6.1.3 Latvia Vitamins And Supplement Market Revenues & Volume, By Calcium Supplements, 2021-2031F |
6.1.4 Latvia Vitamins And Supplement Market Revenues & Volume, By Pediatric Supplements, 2021-2031F |
6.1.5 Latvia Vitamins And Supplement Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Vitamins And Supplement Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Latvia Vitamins And Supplement Market Revenues & Volume, By Capsule, 2021-2031F |
6.2.3 Latvia Vitamins And Supplement Market Revenues & Volume, By Tablet, 2021-2031F |
6.2.4 Latvia Vitamins And Supplement Market Revenues & Volume, By Powder, 2021-2031F |
6.2.5 Latvia Vitamins And Supplement Market Revenues & Volume, By Liquid/Gel, 2021-2031F |
6.3 Latvia Vitamins And Supplement Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Vitamins And Supplement Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021-2031F |
6.3.3 Latvia Vitamins And Supplement Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.3.4 Latvia Vitamins And Supplement Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.3.5 Latvia Vitamins And Supplement Market Revenues & Volume, By Online Retails, 2021-2031F |
7 Latvia Vitamins And Supplement Market Import-Export Trade Statistics |
7.1 Latvia Vitamins And Supplement Market Export to Major Countries |
7.2 Latvia Vitamins And Supplement Market Imports from Major Countries |
8 Latvia Vitamins And Supplement Market Key Performance Indicators |
8.1 Number of health and wellness events and campaigns conducted in Latvia |
8.2 Percentage of the population aged 50 and above in Latvia |
8.3 Consumer sentiment towards preventive healthcare practices |
8.4 Number of new product launches in the vitamins and supplement market |
8.5 Percentage of healthcare professionals recommending vitamins and supplements |
9 Latvia Vitamins And Supplement Market - Opportunity Assessment |
9.1 Latvia Vitamins And Supplement Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Vitamins And Supplement Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Latvia Vitamins And Supplement Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Vitamins And Supplement Market - Competitive Landscape |
10.1 Latvia Vitamins And Supplement Market Revenue Share, By Companies, 2024 |
10.2 Latvia Vitamins And Supplement Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |