| Product Code: ETC7924608 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The weight management supplements market in Latvia continues to see steady growth, with key import sources in 2024 being Lithuania, Poland, Netherlands, Ukraine, and Germany. The low Herfindahl-Hirschman Index (HHI) indicates a diversified market with healthy competition. The compound annual growth rate (CAGR) from 2020 to 2024 stands at 6.24%, with a notable growth spurt of 12.4% from 2023 to 2024. This data suggests a promising outlook for the weight management supplements industry in Latvia, driven by a variety of sources and sustained growth rates.

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 Weight Management Supplements Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Weight Management Supplements Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Weight Management Supplements Market - Industry Life Cycle |
3.4 Latvia Weight Management Supplements Market - Porter's Five Forces |
3.5 Latvia Weight Management Supplements Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Weight Management Supplements Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Weight Management Supplements Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health consciousness among Latvian consumers |
4.2.2 Rising prevalence of obesity and related health issues in Latvia |
4.2.3 Growing interest in fitness and wellness trends in the country |
4.3 Market Restraints |
4.3.1 Stringent regulations and guidelines for weight management supplements in Latvia |
4.3.2 Limited awareness and trust in the efficacy of weight management supplements |
4.3.3 Economic uncertainties impacting consumer spending on discretionary products |
5 Latvia Weight Management Supplements Market Trends |
6 Latvia Weight Management Supplements Market, By Types |
6.1 Latvia Weight Management Supplements Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Weight Management Supplements Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Weight Management Supplements Market Revenues & Volume, By Liquids, 2021- 2031F |
6.1.4 Latvia Weight Management Supplements Market Revenues & Volume, By Capsules, 2021- 2031F |
6.1.5 Latvia Weight Management Supplements Market Revenues & Volume, By Powder, 2021- 2031F |
6.1.6 Latvia Weight Management Supplements Market Revenues & Volume, By Tablets, 2021- 2031F |
6.2 Latvia Weight Management Supplements Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Weight Management Supplements Market Revenues & Volume, By Specialty Retail Stores, 2021- 2031F |
6.2.3 Latvia Weight Management Supplements Market Revenues & Volume, By Convenience Stores, 2021- 2031F |
6.2.4 Latvia Weight Management Supplements Market Revenues & Volume, By Online Stores, 2021- 2031F |
7 Latvia Weight Management Supplements Market Import-Export Trade Statistics |
7.1 Latvia Weight Management Supplements Market Export to Major Countries |
7.2 Latvia Weight Management Supplements Market Imports from Major Countries |
8 Latvia Weight Management Supplements Market Key Performance Indicators |
8.1 Consumer engagement with weight management supplement brands on social media platforms |
8.2 Number of weight management supplement product launches in the Latvian market |
8.3 Percentage of healthcare professionals recommending weight management supplements to patients |
8.4 Growth in the number of specialized weight management supplement stores in Latvia |
8.5 Increase in the usage of online platforms for purchasing weight management supplements in Latvia |
9 Latvia Weight Management Supplements Market - Opportunity Assessment |
9.1 Latvia Weight Management Supplements Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Weight Management Supplements Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Weight Management Supplements Market - Competitive Landscape |
10.1 Latvia Weight Management Supplements Market Revenue Share, By Companies, 2024 |
10.2 Latvia Weight Management Supplements 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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