| Product Code: ETC7918166 | 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 |
Latvia`s import of pea derivatives in 2024 continued to showcase a high concentration with top exporters being Lithuania, Metropolitan France, Netherlands, Germany, and Poland. The Herfindahl-Hirschman Index (HHI) remained elevated, indicating a concentrated market. The impressive Compound Annual Growth Rate (CAGR) from 2020 to 2024 at 72.24% highlights the increasing demand for pea derivatives in Latvia. Furthermore, the notable growth rate of 30.02% from 2023 to 2024 suggests a continued upward trajectory in the import shipments of pea derivatives, signaling a positive market outlook.

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 Pea Derivatives Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Pea Derivatives Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Pea Derivatives Market - Industry Life Cycle |
3.4 Latvia Pea Derivatives Market - Porter's Five Forces |
3.5 Latvia Pea Derivatives Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Pea Derivatives Market Revenues & Volume Share, By Protein Type, 2021 & 2031F |
3.7 Latvia Pea Derivatives Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Pea Derivatives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of pea derivatives |
4.2.2 Growing demand for plant-based proteins in various industries |
4.2.3 Favorable government regulations promoting the use of sustainable and eco-friendly ingredients in food and non-food products |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Limited availability of advanced processing technologies for pea derivatives |
4.3.3 Competition from other plant-based protein sources like soy and wheat |
5 Latvia Pea Derivatives Market Trends |
6 Latvia Pea Derivatives Market, By Types |
6.1 Latvia Pea Derivatives Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Pea Derivatives Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Pea Derivatives Market Revenues & Volume, By Pea Protein, 2021- 2031F |
6.1.4 Latvia Pea Derivatives Market Revenues & Volume, By Pea Starch, 2021- 2031F |
6.1.5 Latvia Pea Derivatives Market Revenues & Volume, By Pea Fiber, 2021- 2031F |
6.2 Latvia Pea Derivatives Market, By Protein Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Pea Derivatives Market Revenues & Volume, By Isolates, 2021- 2031F |
6.2.3 Latvia Pea Derivatives Market Revenues & Volume, By Concentrates, 2021- 2031F |
6.2.4 Latvia Pea Derivatives Market Revenues & Volume, By Textured, 2021- 2031F |
6.2.5 Latvia Pea Derivatives Market Revenues & Volume, By Hydrolysate, 2021- 2031F |
6.3 Latvia Pea Derivatives Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Pea Derivatives Market Revenues & Volume, By Meat Substitutes, 2021- 2031F |
6.3.3 Latvia Pea Derivatives Market Revenues & Volume, By Bakery Goods, 2021- 2031F |
6.3.4 Latvia Pea Derivatives Market Revenues & Volume, By Dietary Supplements, 2021- 2031F |
6.3.5 Latvia Pea Derivatives Market Revenues & Volume, By Beverages, 2021- 2031F |
6.3.6 Latvia Pea Derivatives Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Pea Derivatives Market Import-Export Trade Statistics |
7.1 Latvia Pea Derivatives Market Export to Major Countries |
7.2 Latvia Pea Derivatives Market Imports from Major Countries |
8 Latvia Pea Derivatives Market Key Performance Indicators |
8.1 Percentage increase in research and development investments in pea derivative products |
8.2 Number of new product launches featuring pea derivatives in the market |
8.3 Growth in the number of partnerships or collaborations between pea derivative manufacturers and food/nutrition companies |
9 Latvia Pea Derivatives Market - Opportunity Assessment |
9.1 Latvia Pea Derivatives Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Pea Derivatives Market Opportunity Assessment, By Protein Type, 2021 & 2031F |
9.3 Latvia Pea Derivatives Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Pea Derivatives Market - Competitive Landscape |
10.1 Latvia Pea Derivatives Market Revenue Share, By Companies, 2024 |
10.2 Latvia Pea Derivatives 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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