| Product Code: ETC7922173 | 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 |
Latvia`s spirulina import market in 2024 continued to be dominated by key suppliers such as Poland, Estonia, Lithuania, Russia, and Hungary. Despite a slight decrease in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 remained strong at 9.63%. The high Herfindahl-Hirschman Index (HHI) suggests a concentration of imports among a few major players, indicating a competitive market landscape. Overall, Latvia`s spirulina import market appears to be stable with steady growth potential 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 Spirulina Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Spirulina Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Spirulina Market - Industry Life Cycle |
3.4 Latvia Spirulina Market - Porter's Five Forces |
3.5 Latvia Spirulina Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Spirulina Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Spirulina Market Revenues & Volume Share, By Formulation, 2021 & 2031F |
4 Latvia Spirulina Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Spirulina Market Trends |
6 Latvia Spirulina Market, By Types |
6.1 Latvia Spirulina Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Spirulina Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Spirulina Market Revenues & Volume, By Arthrospira Platensis, 2021- 2031F |
6.1.4 Latvia Spirulina Market Revenues & Volume, By Arthrospira Maxima, 2021- 2031F |
6.2 Latvia Spirulina Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Spirulina Market Revenues & Volume, By Nutraceuticals, 2021- 2031F |
6.2.3 Latvia Spirulina Market Revenues & Volume, By Food & Beverages, 2021- 2031F |
6.2.4 Latvia Spirulina Market Revenues & Volume, By Cosmetics, 2021- 2031F |
6.2.5 Latvia Spirulina Market Revenues & Volume, By Animal Feed, 2021- 2031F |
6.2.6 Latvia Spirulina Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Latvia Spirulina Market, By Formulation |
6.3.1 Overview and Analysis |
6.3.2 Latvia Spirulina Market Revenues & Volume, By Powder, 2021- 2031F |
6.3.3 Latvia Spirulina Market Revenues & Volume, By Tablet & Capsule, 2021- 2031F |
6.3.4 Latvia Spirulina Market Revenues & Volume, By Liquid, 2021- 2031F |
6.3.5 Latvia Spirulina Market Revenues & Volume, By Granule & Gelling Agent, 2021- 2031F |
7 Latvia Spirulina Market Import-Export Trade Statistics |
7.1 Latvia Spirulina Market Export to Major Countries |
7.2 Latvia Spirulina Market Imports from Major Countries |
8 Latvia Spirulina Market Key Performance Indicators |
9 Latvia Spirulina Market - Opportunity Assessment |
9.1 Latvia Spirulina Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Spirulina Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Spirulina Market Opportunity Assessment, By Formulation, 2021 & 2031F |
10 Latvia Spirulina Market - Competitive Landscape |
10.1 Latvia Spirulina Market Revenue Share, By Companies, 2024 |
10.2 Latvia Spirulina 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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