Baby food recorded further volume decline in 2023 as the birth rate in Latvia continues to decline. Also, price increases in the category have further weakened demand in 2023, depressing volume sales. Consumers have been preparing more food at home for both reasons of economy and earlier in the review period due to pandemic restrictions. Milk formula has equally seen a decline in retail volume terms, with the exception of powder special baby milk formula, which is growing from a small base to me...
Euromonitor International's Baby Food in Latvia report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2018-2022, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market in <|Year|> directly informs our forecasts to 2027, clearly indicating how the market is expected to change.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Baby Food market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop
Baby Food in Latvia
Euromonitor International
September 2023
List Of Contents And Tables
BABY FOOD IN LATVIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Volume sales continue to fall as birth rates decline and prices rise
The market is open to innovation
International companies lead due to economies of scale and capacity to produce highest-quality products
PROSPECTS AND OPPORTUNITIES
Decreasing birth rate to continue to hamper growth
Rising popularity of organic products
Special baby milk formula has growth potential
CATEGORY DATA
Table 1 Sales of Baby Food by Category: Volume 2018-2023
Table 2 Sales of Baby Food by Category: Value 2018-2023
Table 3 Sales of Baby Food by Category: % Volume Growth 2018-2023
Table 4 Sales of Baby Food by Category: % Value Growth 2018-2023
Table 5 NBO Company Shares of Baby Food: % Value 2019-2023
Table 6 LBN Brand Shares of Baby Food: % Value 2020-2023
Table 7 Distribution of Baby Food by Format: % Value 2018-2023
Table 8 Forecast Sales of Baby Food by Category: Volume 2023-2028
Table 9 Forecast Sales of Baby Food by Category: Value 2023-2028
Table 10 Forecast Sales of Baby Food by Category: % Volume Growth 2023-2028
Table 11 Forecast Sales of Baby Food by Category: % Value Growth 2023-2028
DAIRY PRODUCTS AND ALTERNATIVES IN LATVIA
EXECUTIVE SUMMARY
Dairy products and alternatives in 2023: The big picture
Key trends in 2023
Competitive Landscape
Channel developments
What next for dairy products and alternatives?
MARKET DATA
Table 12 Sales of Dairy Products and Alternatives by Category: Value 2018-2023
Table 13 Sales of Dairy Products and Alternatives by Category: % Value Growth 2018-2023
Table 14 NBO Company Shares of Dairy Products and Alternatives: % Value 2019-2023
Table 15 LBN Brand Shares of Dairy Products and Alternatives: % Value 2020-2023
Table 16 Penetration of Private Label by Category: % Value 2018-2023
Table 17 Distribution of Dairy Products and Alternatives by Format: % Value 2018-2023
Table 18 Forecast Sales of Dairy Products and Alternatives by Category: Value 2023-2028
Table 19 Forecast Sales of Dairy Products and Alternatives by Category: % Value Growth 2023-2028