| Product Code: ETC5002982 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s yeast extract import market saw a shift in concentration levels from high to moderate in 2024, with Denmark, Poland, Lithuania, Sweden, and Estonia emerging as the top exporters. Despite a notable decline in growth rate from 2023 to 2024, the compound annual growth rate over the period 2020-2024 remained strong at 9.65%. This suggests a stable and growing market for yeast extract imports in Latvia, with opportunities for continued expansion and diversification in the coming years.

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 Extract Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Yeast Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Yeast Extract Market - Industry Life Cycle |
3.4 Latvia Yeast Extract Market - Porter's Five Forces |
3.5 Latvia Yeast Extract Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Latvia Yeast Extract Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Latvia Yeast Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Yeast Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of yeast extract |
4.2.2 Growing demand for natural food ingredients and flavor enhancers |
4.2.3 Rising adoption of yeast extract in various food applications such as soups, sauces, and snacks |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting production costs |
4.3.2 Stringent regulations regarding food additives and ingredients |
4.3.3 Intense competition from other flavor enhancers and substitutes |
5 Latvia Yeast Extract Market Trends |
6 Latvia Yeast Extract Market Segmentations |
6.1 Latvia Yeast Extract Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Latvia Yeast Extract Market Revenues & Volume, By Autolyzed, 2021-2031F |
6.1.3 Latvia Yeast Extract Market Revenues & Volume, By Hydrolyzed, 2021-2031F |
6.2 Latvia Yeast Extract Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Latvia Yeast Extract Market Revenues & Volume, By Powder, 2021-2031F |
6.2.3 Latvia Yeast Extract Market Revenues & Volume, By Paste, 2021-2031F |
6.2.4 Latvia Yeast Extract Market Revenues & Volume, By Flakes, 2021-2031F |
6.3 Latvia Yeast Extract Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Yeast Extract Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.3.3 Latvia Yeast Extract Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.3.4 Latvia Yeast Extract Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.5 Latvia Yeast Extract Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Yeast Extract Market Import-Export Trade Statistics |
7.1 Latvia Yeast Extract Market Export to Major Countries |
7.2 Latvia Yeast Extract Market Imports from Major Countries |
8 Latvia Yeast Extract Market Key Performance Indicators |
8.1 Number of new product launches incorporating yeast extract |
8.2 Growth in the food processing industry in Latvia |
8.3 Consumer perception and acceptance of yeast extract as a natural ingredient |
9 Latvia Yeast Extract Market - Opportunity Assessment |
9.1 Latvia Yeast Extract Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Latvia Yeast Extract Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Latvia Yeast Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Yeast Extract Market - Competitive Landscape |
10.1 Latvia Yeast Extract Market Revenue Share, By Companies, 2024 |
10.2 Latvia Yeast Extract 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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