| Product Code: ETC7924651 | 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 heavily rely on whey protein concentrate imports, with top suppliers being Estonia, Metropolitan France, Poland, Germany, and Lithuania. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a significant negative compound annual growth rate (CAGR) of -24.86% from 2020-24, the growth rate in 2024 saw a steep decline of -68.34%. This suggests a challenging market environment with potential shifts in supply dynamics and demand patterns impacting the whey protein concentrate import industry in Latvia.

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 Whey Protein Concentrate Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Whey Protein Concentrate Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Whey Protein Concentrate Market - Industry Life Cycle |
3.4 Latvia Whey Protein Concentrate Market - Porter's Five Forces |
3.5 Latvia Whey Protein Concentrate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Whey Protein Concentrate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Whey Protein Concentrate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health and fitness awareness among consumers |
4.2.2 Growing demand for protein-rich products in sports nutrition and functional food sectors |
4.2.3 Rising disposable income leading to higher spending on premium health supplements |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as milk and dairy products |
4.3.2 Stringent regulations and quality standards impacting production and distribution |
4.3.3 Competition from alternative protein sources like plant-based proteins |
5 Latvia Whey Protein Concentrate Market Trends |
6 Latvia Whey Protein Concentrate Market, By Types |
6.1 Latvia Whey Protein Concentrate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Whey Protein Concentrate Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Whey Protein Concentrate Market Revenues & Volume, By Online, 2021- 2031F |
6.1.4 Latvia Whey Protein Concentrate Market Revenues & Volume, By Offline, 2021- 2031F |
6.2 Latvia Whey Protein Concentrate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Whey Protein Concentrate Market Revenues & Volume, By Food & Beverages, 2021- 2031F |
6.2.3 Latvia Whey Protein Concentrate Market Revenues & Volume, By Animal Feed, 2021- 2031F |
6.2.4 Latvia Whey Protein Concentrate Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Whey Protein Concentrate Market Import-Export Trade Statistics |
7.1 Latvia Whey Protein Concentrate Market Export to Major Countries |
7.2 Latvia Whey Protein Concentrate Market Imports from Major Countries |
8 Latvia Whey Protein Concentrate Market Key Performance Indicators |
8.1 Average selling price of whey protein concentrate products |
8.2 Rate of new product development and innovation in the market |
8.3 Consumer engagement and feedback on whey protein concentrate products |
9 Latvia Whey Protein Concentrate Market - Opportunity Assessment |
9.1 Latvia Whey Protein Concentrate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Whey Protein Concentrate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Whey Protein Concentrate Market - Competitive Landscape |
10.1 Latvia Whey Protein Concentrate Market Revenue Share, By Companies, 2024 |
10.2 Latvia Whey Protein Concentrate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |