Juice is expected to be the worst performing soft drink in Latvia in 2024, with more than a double-digit percentage volume decline expected. Several factors contribute to this, but mainly it is due to surging prices. This reflected a complex interplay of global supply chain issues and local economic factors. The major driver behind the rising costs was the severe disruption in the global orange juice supply, specifically from Brazil and the US. This global supply crisis has had a direct impact o...
Euromonitor International's Juice 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, packaging or pricing issues. Forecasts to 2028 illustrate how the market is set to change.
Product coverage: 100% Juice, Coconut and Other Plant Waters, Juice Drinks (up to 24% Juice), Nectars.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Juice 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.
Juice in Latvia
Euromonitor International
December 2024
List Of Contents And Tables
JUICE IN LATVIA
KEY DATA FINDINGS
2024 DEVELOPMENTS
Surging prices leads to steep volume decline
Juice increasingly perceived as unhealthy
Cido holds on to strong foothold
PROSPECTS AND OPPORTUNITIES
Return to volume growth over forecast period
Further growth in private label
Apple juice fares better
CATEGORY DATA
Table 1 Off-trade Sales of Juice by Category: Volume 2019-2024
Table 2 Off-trade Sales of Juice by Category: Value 2019-2024
Table 3 Off-trade Sales of Juice by Category: % Volume Growth 2019-2024
Table 4 Off-trade Sales of Juice by Category: % Value Growth 2019-2024
Table 5 NBO Company Shares of Off-trade Juice: % Volume 2020-2024