Sales of sports drinks in Latvia grew well for the second consecutive year in a row, with off-trade volume sales recording positive growth. Sports drinks are an emerging category in Latvia, and the health and wellness trend is bolstering sales as consumers increasingly look to include more physical activity and hydration in their daily lives. Following COVID-19, the interest in physical activity has increased, as consumers seek to take care of their immune systems and bodies. The full reopening...
Euromonitor International's Sports 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, packaging or pricing issues. Forecasts to 2028 illustrate how the market is set 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 Sports 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.
Sports Drinks in Latvia
Euromonitor International
January 2024
List Of Contents And Tables
SPORTS DRINKS IN LATVIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Positive off-trade volume growth as interest in physical activity increases
A positive reputation and health interests boost sales of reduced-sugar sports drinks
Consolidated competitive landscape led by Mega Baltic with its Oshee brand
PROSPECTS AND OPPORTUNITIES
Bright future for sports drinks as health trends continue to drive demand
Local offerings become increasingly appealing, as players invest in marketing
Growing competition from sports nutrition and functional bottled water
CATEGORY DATA
Table 1 Off-trade Sales of Sports Drinks: Volume 2018-2023
Table 2 Off-trade Sales of Sports Drinks: Value 2018-2023