| Product Code: ETC4849766 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Latvia continues to see substantial ghee import shipments in 2024, with top exporters being Poland, Lithuania, Italy, Netherlands, and Estonia. The market shows high concentration with a consistently high Herfindahl-Hirschman Index (HHI). Despite a low CAGR of 0.11% from 2020-2024, there was a significant decline in growth rate from 2023-2024 at -66.85%. This changing landscape indicates the need for market players to adapt to shifting dynamics and explore strategies to maintain competitiveness in the Latvian ghee import market.
By 2027, the Ghee market in Latvia is anticipated to reach a growth rate of 1.91%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

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 Ghee Market Overview  | 
3.1 Latvia Country Macro Economic Indicators  | 
3.2 Latvia Ghee Market Revenues & Volume, 2021 & 2031F  | 
3.3 Latvia Ghee Market - Industry Life Cycle  | 
3.4 Latvia Ghee Market - Porter's Five Forces  | 
3.5 Latvia Ghee Market Revenues & Volume Share, By Source, 2021 & 2031F  | 
3.6 Latvia Ghee Market Revenues & Volume Share, By End-use, 2021 & 2031F  | 
3.7 Latvia Ghee Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F  | 
4 Latvia Ghee Market Dynamics  | 
4.1 Impact Analysis  | 
4.2 Market Drivers  | 
4.2.1 Increasing consumer awareness about the health benefits of ghee  | 
4.2.2 Growing trend of incorporating traditional and organic products in diets  | 
4.2.3 Rising disposable income leading to higher spending on premium food products  | 
4.3 Market Restraints  | 
4.3.1 Competition from substitute products like butter and vegetable oils  | 
4.3.2 Fluctuations in raw material prices impacting production costs  | 
4.3.3 Strict food regulations and certifications affecting market entry for new players  | 
5 Latvia Ghee Market Trends  | 
6 Latvia Ghee Market Segmentations  | 
6.1 Latvia Ghee Market, By Source  | 
6.1.1 Overview and Analysis  | 
6.1.2 Latvia Ghee Market Revenues & Volume, By Cow, 2021-2031F  | 
6.1.3 Latvia Ghee Market Revenues & Volume, By Buffalo, 2021-2031F  | 
6.1.4 Latvia Ghee Market Revenues & Volume, By Mixed, 2021-2031F  | 
6.2 Latvia Ghee Market, By End-use  | 
6.2.1 Overview and Analysis  | 
6.2.2 Latvia Ghee Market Revenues & Volume, By Retail, 2021-2031F  | 
6.2.3 Latvia Ghee Market Revenues & Volume, By Institutional, 2021-2031F  | 
6.3 Latvia Ghee Market, By Distribution Channel  | 
6.3.1 Overview and Analysis  | 
6.3.2 Latvia Ghee Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021-2031F  | 
6.3.3 Latvia Ghee Market Revenues & Volume, By Convenience Stores, 2021-2031F  | 
6.3.4 Latvia Ghee Market Revenues & Volume, By Specialty Stores, 2021-2031F  | 
6.3.5 Latvia Ghee Market Revenues & Volume, By Online, 2021-2031F  | 
6.3.6 Latvia Ghee Market Revenues & Volume, By Others, 2021-2031F  | 
7 Latvia Ghee Market Import-Export Trade Statistics  | 
7.1 Latvia Ghee Market Export to Major Countries  | 
7.2 Latvia Ghee Market Imports from Major Countries  | 
8 Latvia Ghee Market Key Performance Indicators  | 
8.1 Consumer demand for organic and traditional ghee products  | 
8.2 Adoption rate of ghee in cooking and food preparation  | 
8.3 Consumer perception and awareness of the health benefits of ghee  | 
9 Latvia Ghee Market - Opportunity Assessment  | 
9.1 Latvia Ghee Market Opportunity Assessment, By Source, 2021 & 2031F  | 
9.2 Latvia Ghee Market Opportunity Assessment, By End-use, 2021 & 2031F  | 
9.3 Latvia Ghee Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F  | 
10 Latvia Ghee Market - Competitive Landscape  | 
10.1 Latvia Ghee Market Revenue Share, By Companies, 2024  | 
10.2 Latvia Ghee Market Competitive Benchmarking, By Operating and Technical Parameters  | 
11 Company Profiles  | 
12 Recommendations  | 13 Disclaimer  |