| Product Code: ETC4734189 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
The import of vitamin B-complex ingredients in Latvia saw a significant shift in concentration levels from high in 2023 to very high in 2024, with top exporting countries being Germany, Denmark, Lithuania, Belgium, and Netherlands. The CAGR from 2020 to 2024 stood at 2.52%, indicating steady growth over the period. However, there was a notable decline in growth rate from 2023 to 2024 at -16.86%. This suggests a potential market adjustment or external factors influencing the import dynamics of vitamin B-complex ingredients in Latvia.

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 Vitamin B-complex Ingredients Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Vitamin B-complex Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Vitamin B-complex Ingredients Market - Industry Life Cycle |
3.4 Latvia Vitamin B-complex Ingredients Market - Porter's Five Forces |
3.5 Latvia Vitamin B-complex Ingredients Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Vitamin B-complex Ingredients Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Vitamin B-complex Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing awareness about the benefits of vitamin B-complex supplements for overall health and wellness. |
4.2.2 Increasing focus on preventive healthcare leading to higher demand for dietary supplements. |
4.2.3 Rise in the prevalence of lifestyle-related health issues driving the consumption of vitamin B-complex ingredients. |
4.3 Market Restraints |
4.3.1 Stringent regulations and compliance requirements in the supplement industry. |
4.3.2 Fluctuating raw material prices impacting the production cost of vitamin B-complex ingredients. |
4.3.3 Limited consumer understanding of the specific benefits of different B-complex vitamins. |
5 Latvia Vitamin B-complex Ingredients Market Trends |
6 Latvia Vitamin B-complex Ingredients Market Segmentations |
6.1 Latvia Vitamin B-complex Ingredients Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Vitamin B-complex Ingredients Market Revenues & Volume, By Vitamin B1, 2021-2031F |
6.1.3 Latvia Vitamin B-complex Ingredients Market Revenues & Volume, By Vitamin B2, 2021-2031F |
6.1.4 Latvia Vitamin B-complex Ingredients Market Revenues & Volume, By Vitamin B3, 2021-2031F |
6.1.5 Latvia Vitamin B-complex Ingredients Market Revenues & Volume, By Vitamin B5, 2021-2031F |
6.1.6 Latvia Vitamin B-complex Ingredients Market Revenues & Volume, By Vitamin B6, 2021-2031F |
6.1.7 Latvia Vitamin B-complex Ingredients Market Revenues & Volume, By Vitamin B7, 2021-2031F |
6.1.9 Latvia Vitamin B-complex Ingredients Market Revenues & Volume, By Vitamin B12, 2021-2031F |
6.1.10 Latvia Vitamin B-complex Ingredients Market Revenues & Volume, By Vitamin B12, 2021-2031F |
6.2 Latvia Vitamin B-complex Ingredients Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Vitamin B-complex Ingredients Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.3 Latvia Vitamin B-complex Ingredients Market Revenues & Volume, By F&B, 2021-2031F |
6.2.4 Latvia Vitamin B-complex Ingredients Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.2.5 Latvia Vitamin B-complex Ingredients Market Revenues & Volume, By Cosmetics, 2021-2031F |
7 Latvia Vitamin B-complex Ingredients Market Import-Export Trade Statistics |
7.1 Latvia Vitamin B-complex Ingredients Market Export to Major Countries |
7.2 Latvia Vitamin B-complex Ingredients Market Imports from Major Countries |
8 Latvia Vitamin B-complex Ingredients Market Key Performance Indicators |
8.1 Consumer awareness and perception surveys regarding the importance of vitamin B-complex supplements. |
8.2 Number of new product launches and innovations in the vitamin B-complex ingredients market. |
8.3 Research and development investment in improving the bioavailability and effectiveness of B-complex formulations. |
9 Latvia Vitamin B-complex Ingredients Market - Opportunity Assessment |
9.1 Latvia Vitamin B-complex Ingredients Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Vitamin B-complex Ingredients Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Vitamin B-complex Ingredients Market - Competitive Landscape |
10.1 Latvia Vitamin B-complex Ingredients Market Revenue Share, By Companies, 2024 |
10.2 Latvia Vitamin B-complex Ingredients Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |