| Product Code: ETC7916880 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The nutricosmetics import market in Latvia continues to show strong growth with a CAGR of 8.36% from 2020 to 2024. In 2024, top exporting countries to Latvia include Poland, Lithuania, Germany, Metropolitan France, and the Netherlands. Despite the increased growth rate of 10.54% in 2024, the market remains competitive with low concentration as indicated by the Herfindahl-Hirschman Index (HHI). This suggests a diverse range of suppliers contributing to the import shipments of nutricosmetics in Latvia, driving further market expansion.

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 Nutricosmetics Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Nutricosmetics Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Nutricosmetics Market - Industry Life Cycle |
3.4 Latvia Nutricosmetics Market - Porter's Five Forces |
3.5 Latvia Nutricosmetics Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Nutricosmetics Market Revenues & Volume Share, By Primary Function, 2021 & 2031F |
3.7 Latvia Nutricosmetics Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Nutricosmetics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer awareness about the link between nutrition and skin health |
4.2.2 Increasing demand for natural and organic beauty products |
4.2.3 Rising interest in holistic approaches to skincare and wellness |
4.3 Market Restraints |
4.3.1 Limited availability of specialized nutricosmetics products in the market |
4.3.2 Lack of regulatory framework specific to nutricosmetics in Latvia |
5 Latvia Nutricosmetics Market Trends |
6 Latvia Nutricosmetics Market, By Types |
6.1 Latvia Nutricosmetics Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Nutricosmetics Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia Nutricosmetics Market Revenues & Volume, By Supplements, 2021- 2031F |
6.1.4 Latvia Nutricosmetics Market Revenues & Volume, By Beauty Beverages/Drinks, 2021- 2031F |
6.2 Latvia Nutricosmetics Market, By Primary Function |
6.2.1 Overview and Analysis |
6.2.2 Latvia Nutricosmetics Market Revenues & Volume, By Skin Care, 2021- 2031F |
6.2.3 Latvia Nutricosmetics Market Revenues & Volume, By Hair and Nail Care, 2021- 2031F |
6.2.4 Latvia Nutricosmetics Market Revenues & Volume, By Weight Management, 2021- 2031F |
6.3 Latvia Nutricosmetics Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Nutricosmetics Market Revenues & Volume, By Online, 2021- 2031F |
6.3.3 Latvia Nutricosmetics Market Revenues & Volume, By Offline, 2021- 2031F |
7 Latvia Nutricosmetics Market Import-Export Trade Statistics |
7.1 Latvia Nutricosmetics Market Export to Major Countries |
7.2 Latvia Nutricosmetics Market Imports from Major Countries |
8 Latvia Nutricosmetics Market Key Performance Indicators |
8.1 Number of nutricosmetics product launches in Latvia |
8.2 Consumer engagement and interest in nutricosmetics through social media interactions |
8.3 Growth in partnerships between beauty brands and nutrition experts in Latvia |
9 Latvia Nutricosmetics Market - Opportunity Assessment |
9.1 Latvia Nutricosmetics Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Nutricosmetics Market Opportunity Assessment, By Primary Function, 2021 & 2031F |
9.3 Latvia Nutricosmetics Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Nutricosmetics Market - Competitive Landscape |
10.1 Latvia Nutricosmetics Market Revenue Share, By Companies, 2024 |
10.2 Latvia Nutricosmetics 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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