| Product Code: ETC7921771 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Latvia snacks import market saw significant growth in 2024, with Lithuania, Poland, Germany, Estonia, and Italy emerging as the top exporting countries. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting strong competition among these key players. With a notable Compound Annual Growth Rate (CAGR) of 17.05% from 2020 to 2024, and a steady growth rate of 1.41% from 2023 to 2024, the snack import industry in Latvia appears to be thriving and poised for further 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 Snacks Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Snacks Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Snacks Market - Industry Life Cycle |
3.4 Latvia Snacks Market - Porter's Five Forces |
3.5 Latvia Snacks Market Revenues & Volume Share, By Product type, 2021 & 2031F |
3.6 Latvia Snacks Market Revenues & Volume Share, By Product category, 2021 & 2031F |
3.7 Latvia Snacks Market Revenues & Volume Share, By Flavor, 2021 & 2031F |
3.8 Latvia Snacks Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.9 Latvia Snacks Market Revenues & Volume Share, By Packaging size, 2021 & 2031F |
3.10 Latvia Snacks Market Revenues & Volume Share, By Price, 2021 & 2031F |
3.11 Latvia Snacks Market Revenues & Volume Share, By Brand, 2021 & 2031F |
4 Latvia Snacks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for convenient and on-the-go snack options |
4.2.2 Growing demand for healthier snack alternatives |
4.2.3 Rising disposable income leading to higher spending on premium snacks |
4.2.4 Innovation in flavors and packaging driving consumer interest |
4.2.5 Expansion of distribution channels such as online retail platforms |
4.3 Market Restraints |
4.3.1 Health concerns related to high sugar, salt, and fat content in snacks |
4.3.2 Price sensitivity among consumers impacting purchasing decisions |
4.3.3 Intense competition among snack manufacturers affecting profit margins |
4.3.4 Fluctuating raw material prices influencing production costs |
4.3.5 Changing consumer preferences towards fresh and natural snacks |
5 Latvia Snacks Market Trends |
6 Latvia Snacks Market, By Types |
6.1 Latvia Snacks Market, By Product type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Snacks Market Revenues & Volume, By Product type, 2021- 2031F |
6.1.3 Latvia Snacks Market Revenues & Volume, By Crisps/chips, 2021- 2031F |
6.1.4 Latvia Snacks Market Revenues & Volume, By Nachos, 2021- 2031F |
6.1.5 Latvia Snacks Market Revenues & Volume, By Pretzels, 2021- 2031F |
6.1.6 Latvia Snacks Market Revenues & Volume, By Tortillas, 2021- 2031F |
6.1.7 Latvia Snacks Market Revenues & Volume, By Biscuits/crackers, 2021- 2031F |
6.1.8 Latvia Snacks Market Revenues & Volume, By RTE popcorn, 2021- 2031F |
6.2 Latvia Snacks Market, By Product category |
6.2.1 Overview and Analysis |
6.2.2 Latvia Snacks Market Revenues & Volume, By Regular snacks, 2021- 2031F |
6.2.3 Latvia Snacks Market Revenues & Volume, By Cheese based snacks, 2021- 2031F |
6.3 Latvia Snacks Market, By Flavor |
6.3.1 Overview and Analysis |
6.3.2 Latvia Snacks Market Revenues & Volume, By Regular/standard, 2021- 2031F |
6.3.3 Latvia Snacks Market Revenues & Volume, By Single flavored, 2021- 2031F |
6.3.4 Latvia Snacks Market Revenues & Volume, By Blended flavor, 2021- 2031F |
6.4 Latvia Snacks Market, By Nature |
6.4.1 Overview and Analysis |
6.4.2 Latvia Snacks Market Revenues & Volume, By Organic, 2021- 2031F |
6.4.3 Latvia Snacks Market Revenues & Volume, By Conventional, 2021- 2031F |
6.5 Latvia Snacks Market, By Packaging size |
6.5.1 Overview and Analysis |
6.5.2 Latvia Snacks Market Revenues & Volume, By < 10 OZ, 2021- 2031F |
6.5.3 Latvia Snacks Market Revenues & Volume, By 10 - 20 OZ, 2021- 2031F |
6.5.4 Latvia Snacks Market Revenues & Volume, By 21 - 30 OZ, 2021- 2031F |
6.5.5 Latvia Snacks Market Revenues & Volume, By > 30 OZ, 2021- 2031F |
6.6 Latvia Snacks Market, By Price |
6.6.1 Overview and Analysis |
6.6.2 Latvia Snacks Market Revenues & Volume, By Regular, 2021- 2031F |
6.6.3 Latvia Snacks Market Revenues & Volume, By Premium, 2021- 2031F |
6.7 Latvia Snacks Market, By Brand |
6.7.1 Overview and Analysis |
6.7.2 Latvia Snacks Market Revenues & Volume, By Branded, 2021- 2031F |
6.7.3 Latvia Snacks Market Revenues & Volume, By Private label, 2021- 2031F |
6.8 Latvia Snacks Market, By Packaging |
6.8.1 Overview and Analysis |
6.8.2 Latvia Snacks Market Revenues & Volume, By Pouches, 2021- 2031F |
6.8.3 Latvia Snacks Market Revenues & Volume, By Bags, 2021- 2031F |
6.8.4 Latvia Snacks Market Revenues & Volume, By Cardboard boxes, 2021- 2031F |
6.8.5 Latvia Snacks Market Revenues & Volume, By Cardboard boxes, 2021- 2031F |
6.8.6 Latvia Snacks Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Snacks Market Import-Export Trade Statistics |
7.1 Latvia Snacks Market Export to Major Countries |
7.2 Latvia Snacks Market Imports from Major Countries |
8 Latvia Snacks Market Key Performance Indicators |
8.1 Percentage growth in the market penetration of healthier snack options |
8.2 Average spend per capita on premium and gourmet snacks |
8.3 Number of new product launches and innovations in the snack market |
8.4 Customer satisfaction ratings and feedback on snack products |
8.5 Growth in the number of distribution partnerships and channels for snacks |
9 Latvia Snacks Market - Opportunity Assessment |
9.1 Latvia Snacks Market Opportunity Assessment, By Product type, 2021 & 2031F |
9.2 Latvia Snacks Market Opportunity Assessment, By Product category, 2021 & 2031F |
9.3 Latvia Snacks Market Opportunity Assessment, By Flavor, 2021 & 2031F |
9.4 Latvia Snacks Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.5 Latvia Snacks Market Opportunity Assessment, By Packaging size, 2021 & 2031F |
9.6 Latvia Snacks Market Opportunity Assessment, By Price, 2021 & 2031F |
9.7 Latvia Snacks Market Opportunity Assessment, By Brand, 2021 & 2031F |
9.7 Latvia Snacks Market Opportunity Assessment, By Packaging, 2021 & 2031F |
10 Latvia Snacks Market - Competitive Landscape |
10.1 Latvia Snacks Market Revenue Share, By Companies, 2024 |
10.2 Latvia Snacks 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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