| Product Code: ETC7924964 | 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 yeast-based ingredients, with key exporting countries being Poland, Denmark, Lithuania, Sweden, and Metropolitan France. The market concentration, as indicated by the HHI, remained high, reflecting the dominance of these top exporting nations. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the 2020-2024 period stood at a healthy 7.45%, highlighting the steady expansion of the market for yeast-based ingredients 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 Yeast Based Ingredients Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Yeast Based Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Yeast Based Ingredients Market - Industry Life Cycle |
3.4 Latvia Yeast Based Ingredients Market - Porter's Five Forces |
3.5 Latvia Yeast Based Ingredients Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Yeast Based Ingredients Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Yeast Based Ingredients Market Revenues & Volume Share, By Source, 2021 & 2031F |
4 Latvia Yeast Based Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for natural and clean label ingredients in the food and beverage industry |
4.2.2 Increasing consumer awareness about the health benefits of yeast-based ingredients |
4.2.3 Expansion of the bakery and brewing industries in Latvia |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Regulatory challenges related to food safety standards and labeling requirements |
5 Latvia Yeast Based Ingredients Market Trends |
6 Latvia Yeast Based Ingredients Market, By Types |
6.1 Latvia Yeast Based Ingredients Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Yeast Based Ingredients Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Yeast Based Ingredients Market Revenues & Volume, By Yeast Extracts, 2021- 2031F |
6.1.4 Latvia Yeast Based Ingredients Market Revenues & Volume, By Autolyzed Yeast, 2021- 2031F |
6.1.5 Latvia Yeast Based Ingredients Market Revenues & Volume, By Yeast Cell Wall, 2021- 2031F |
6.1.6 Latvia Yeast Based Ingredients Market Revenues & Volume, By Yeast-Based Flavours, 2021- 2031F |
6.2 Latvia Yeast Based Ingredients Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Yeast Based Ingredients Market Revenues & Volume, By Food, 2021- 2031F |
6.2.3 Latvia Yeast Based Ingredients Market Revenues & Volume, By Feed & Pet Food, 2021- 2031F |
6.2.4 Latvia Yeast Based Ingredients Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.2.5 Latvia Yeast Based Ingredients Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Latvia Yeast Based Ingredients Market, By Source |
6.3.1 Overview and Analysis |
6.3.2 Latvia Yeast Based Ingredients Market Revenues & Volume, By Bakers Yeast, 2021- 2031F |
6.3.3 Latvia Yeast Based Ingredients Market Revenues & Volume, By Brewers Yeast, 2021- 2031F |
7 Latvia Yeast Based Ingredients Market Import-Export Trade Statistics |
7.1 Latvia Yeast Based Ingredients Market Export to Major Countries |
7.2 Latvia Yeast Based Ingredients Market Imports from Major Countries |
8 Latvia Yeast Based Ingredients Market Key Performance Indicators |
8.1 Consumer demand for natural ingredients in food products containing yeast-based ingredients |
8.2 Adoption rate of yeast-based ingredients by food manufacturers in Latvia |
8.3 Number of new product launches incorporating yeast-based ingredients in the market |
9 Latvia Yeast Based Ingredients Market - Opportunity Assessment |
9.1 Latvia Yeast Based Ingredients Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Yeast Based Ingredients Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Yeast Based Ingredients Market Opportunity Assessment, By Source, 2021 & 2031F |
10 Latvia Yeast Based Ingredients Market - Competitive Landscape |
10.1 Latvia Yeast Based Ingredients Market Revenue Share, By Companies, 2024 |
10.2 Latvia Yeast Based Ingredients Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |