
Hot Drinks in Latvia
Description
Hot Drinks in Latvia
Overall, the picture is bleak for hot drinks in Latvia in 2024, with only marginal volume growth through retail channels. Continuing population decline dampens volume sales. In addition, though inflation has eased, after several years of price hikes and continuing economic uncertainty, consumers remain price sensitive.
Euromonitor International's Hot Drinks in Latvia report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2019-2023, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they legislative, distribution or pricing issues. Forecasts to 2028 illustrate how the market is set to change.
Product coverage: Coffee, Other Hot Drinks, Tea.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Hot Drinks 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.
Table of Contents
33 Pages
- Hot Drinks in Latvia
- Euromonitor International
- December 2024
- List Of Contents And Tables
- HOT DRINKS IN LATVIA
- EXECUTIVE SUMMARY
- Hot drinks in 2024: The big picture
- 2024 key trends
- Competitive landscape
- Retailing developments
- Foodservice vs retail split
- What next for hot drinks?
- MARKET DATA
- Table 1 Sales of Hot Drinks by Retail vs Foodservice: % Volume Breakdown 2019-2024
- Table 2 Sales of Hot Drinks by Retail vs Foodservice: % Volume Growth 2019-2024
- Table 3 Retail Sales of Hot Drinks by Category: Volume 2019-2024
- Table 4 Retail Sales of Hot Drinks by Category: Value 2019-2024
- Table 5 Retail Sales of Hot Drinks by Category: % Volume Growth 2019-2024
- Table 6 Retail Sales of Hot Drinks by Category: % Value Growth 2019-2024
- Table 7 Foodservice Sales of Hot Drinks by Category: Volume 2019-2024
- Table 8 Foodservice Sales of Hot Drinks by Category: % Volume Growth 2019-2024
- Table 9 Total Sales of Hot Drinks by Category: Total Volume 2019-2024
- Table 10 Total Sales of Hot Drinks by Category: % Total Volume Growth 2019-2024
- Table 11 NBO Company Shares of Hot Drinks: % Retail Value 2020-2024
- Table 12 LBN Brand Shares of Hot Drinks: % Retail Value 2021-2024
- Table 13 Penetration of Private Label in Hot Drinks by Category: % Retail Value 2019-2024
- Table 14 Retail Distribution of Hot Drinks by Format: % Volume 2019-2024
- Table 15 Retail Distribution of Hot Drinks by Format and Category: % Volume 2024
- Table 16 Forecast Sales of Hot Drinks by Retail vs Foodservice: % Volume Breakdown 2024-2029
- Table 17 Forecast Sales of Hot Drinks by Retail vs Foodservice: % Volume Growth 2024-2029
- Table 18 Forecast Retail Sales of Hot Drinks by Category: Volume 2024-2029
- Table 19 Forecast Retail Sales of Hot Drinks by Category: Value 2024-2029
- Table 20 Forecast Retail Sales of Hot Drinks by Category: % Volume Growth 2024-2029
- Table 21 Forecast Retail Sales of Hot Drinks by Category: % Value Growth 2024-2029
- Table 22 Forecast Foodservice Sales of Hot Drinks by Category: Volume 2024-2029
- Table 23 Forecast Foodservice Sales of Hot Drinks by Category: % Volume Growth 2024-2029
- Table 24 Forecast Total Sales of Hot Drinks by Category: Total Volume 2024-2029
- Table 25 Forecast Total Sales of Hot Drinks by Category: % Total Volume Growth 2024-2029
- DISCLAIMER
- SOURCES
- Summary 1 Research Sources
- COFFEE IN LATVIA
- KEY DATA FINDINGS
- 2024 DEVELOPMENTS
- Minimal volume growth in 2024
- Continuing trend of premiumisation
- Little change in competitive landscape in 2024
- PROSPECTS AND OPPORTUNITIES
- Marginal constant value and volume growth over forecast period
- Lower volume growth through foodservice channels
- Premiumisation trend continues
- CATEGORY DATA
- Table 26 Retail Sales of Coffee by Category: Volume 2019-2024
- Table 27 Retail Sales of Coffee by Category: Value 2019-2024
- Table 28 Retail Sales of Coffee by Category: % Volume Growth 2019-2024
- Table 29 Retail Sales of Coffee by Category: % Value Growth 2019-2024
- Table 30 NBO Company Shares of Coffee: % Retail Value 2020-2024
- Table 31 LBN Brand Shares of Coffee: % Retail Value 2021-2024
- Table 32 Forecast Retail Sales of Coffee by Category: Volume 2024-2029
- Table 33 Forecast Retail Sales of Coffee by Category: Value 2024-2029
- Table 34 Forecast Retail Sales of Coffee by Category: % Volume Growth 2024-2029
- Table 35 Forecast Retail Sales of Coffee by Category: % Value Growth 2024-2029
- TEA IN LATVIA
- KEY DATA FINDINGS
- 2024 DEVELOPMENTS
- Decline continues
- Healthier living drives demand for fruit/herbal teas
- Inteka and Unilever continue to lead
- PROSPECTS AND OPPORTUNITIES
- Further volume decline over forecast period
- More of a focus on greener positioning over forecast period
- Small degree of premiumisation
- CATEGORY DATA
- Table 36 Retail Sales of Tea by Category: Volume 2019-2024
- Table 37 Retail Sales of Tea by Category: Value 2019-2024
- Table 38 Retail Sales of Tea by Category: % Volume Growth 2019-2024
- Table 39 Retail Sales of Tea by Category: % Value Growth 2019-2024
- Table 40 NBO Company Shares of Tea: % Retail Value 2020-2024
- Table 41 LBN Brand Shares of Tea: % Retail Value 2021-2024
- Table 42 Forecast Retail Sales of Tea by Category: Volume 2024-2029
- Table 43 Forecast Retail Sales of Tea by Category: Value 2024-2029
- Table 44 Forecast Retail Sales of Tea by Category: % Volume Growth 2024-2029
- Table 45 Forecast Retail Sales of Tea by Category: % Value Growth 2024-2029
- OTHER HOT DRINKS IN LATVIA
- KEY DATA FINDINGS
- 2024 DEVELOPMENTS
- Volume decline for other hot drinks
- Competitive landscape remains stable
- Increasing premiumisation in effort to appeal to adults
- PROSPECTS AND OPPORTUNITIES
- Similar dynamics over forecast period
- Opportunity beyond chicory- and barley-based hot drinks
- Innovation needed to ensure long-term growth of chocolate-based flavoured powder drinks
- CATEGORY DATA
- Table 46 Retail Sales of Other Hot Drinks by Category: Volume 2019-2024
- Table 47 Retail Sales of Other Hot Drinks by Category: Value 2019-2024
- Table 48 Retail Sales of Other Hot Drinks by Category: % Volume Growth 2019-2024
- Table 49 Retail Sales of Other Hot Drinks by Category: % Value Growth 2019-2024
- Table 50 NBO Company Shares of Other Hot Drinks: % Retail Value 2020-2024
- Table 51 LBN Brand Shares of Other Hot Drinks: % Retail Value 2021-2024
- Table 52 Forecast Retail Sales of Other Hot Drinks by Category: Volume 2024-2029
- Table 53 Forecast Retail Sales of Other Hot Drinks by Category: Value 2024-2029
- Table 54 Forecast Retail Sales of Other Hot Drinks by Category: % Volume Growth 2024-2029
- Table 55 Forecast Retail Sales of Other Hot Drinks by Category: % Value Growth 2024-2029
Pricing
Currency Rates
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