Staple Foods in Latvia

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,100	56 Pages	Euromonitor International	November, 2023	EP18366966

Best Price Guarantee
Price	from $2,100
Length	56 Pages
Publisher	Euromonitor International
Published Date	November, 2023
SKU	EP18366966

Staple Foods in Latvia

Staple foods in Latvia in 2023 is enjoying a period of modest recovery, following the significant price inflation of 2022. Although some growth has been observed, it is primarily a rebound from the previous year's downturn. The industry overall remains stagnant, with the price inflation crisis of 2022 giving way to concerns related to rising interest rates, continuing to influence consumer purchasing decisions negatively.

Euromonitor International's Staple Foods 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.

Product coverage: Baked Goods, Breakfast Cereals, Processed Fruit and Vegetables, Processed Meat, Seafood and Alternatives to Meat, Rice, Pasta and Noodles.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Staple Foods 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.

Staple Foods in Latvia
Euromonitor International
November 2023
List Of Contents And Tables
STAPLE FOODS IN LATVIA
EXECUTIVE SUMMARY
Staple foods in 2023: The big picture
Key trends in 2023
Competitive Landscape
Channel developments
What next for staple foods?
MARKET DATA: Table 1 Sales of Staple Foods by Category: Volume 2018-2023; Table 2 Sales of Staple Foods by Category: Value 2018-2023; Table 3 Sales of Staple Foods by Category: % Volume Growth 2018-2023; Table 4 Sales of Staple Foods by Category: % Value Growth 2018-2023; Table 5 NBO Company Shares of Staple Foods: % Value 2019-2023; Table 6 LBN Brand Shares of Staple Foods: % Value 2020-2023; Table 7 Penetration of Private Label by Category: % Value 2019-2023; Table 8 Distribution of Staple Foods by Format: % Value 2018-2023; Table 9 Forecast Sales of Staple Foods by Category: Volume 2023-2028; Table 10 Forecast Sales of Staple Foods by Category: Value 2023-2028; Table 11 Forecast Sales of Staple Foods by Category: % Volume Growth 2023-2028; Table 12 Forecast Sales of Staple Foods by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES: Summary 1 Research Sources
BAKED GOODS IN LATVIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Bread continues to fall in 2023
Rising price sensitivity supports private label growth
Shift towards smaller pack sizes and health-conscious choices
Shifts in competitive landscape
PROSPECTS AND OPPORTUNITIES
Decline set to accelerate
The rise of flat bread
Private label players to see further expansion
CATEGORY DATA: Table 13 Sales of Baked Goods by Category: Volume 2018-2023; Table 14 Sales of Baked Goods by Category: Value 2018-2023; Table 15 Sales of Baked Goods by Category: % Volume Growth 2018-2023; Table 16 Sales of Baked Goods by Category: % Value Growth 2018-2023; Table 17 NBO Company Shares of Baked Goods: % Value 2019-2023; Table 18 LBN Brand Shares of Baked Goods: % Value 2020-2023; Table 19 Distribution of Baked Goods by Format: % Value 2018-2023; Table 20 Forecast Sales of Baked Goods by Category: Volume 2023-2028; Table 21 Forecast Sales of Baked Goods by Category: Value 2023-2028; Table 22 Forecast Sales of Baked Goods by Category: % Volume Growth 2023-2028; Table 23 Forecast Sales of Baked Goods by Category: % Value Growth 2023-2028
BREAKFAST CEREALS IN LATVIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Market stagnation and rising health consciousness
Promotions drive sales
The rise of local brands and health-positioned products
PROSPECTS AND OPPORTUNITIES
Continued consumer shift towards healthier options
Increased competitive threat from superfoods
Local manufacturers and private label players to expand
CATEGORY DATA: Table 24 Sales of Breakfast Cereals by Category: Volume 2018-2023; Table 25 Sales of Breakfast Cereals by Category: Value 2018-2023; Table 26 Sales of Breakfast Cereals by Category: % Volume Growth 2018-2023; Table 27 Sales of Breakfast Cereals by Category: % Value Growth 2018-2023; Table 28 NBO Company Shares of Breakfast Cereals: % Value 2019-2023; Table 29 LBN Brand Shares of Breakfast Cereals: % Value 2020-2023; Table 30 Distribution of Breakfast Cereals by Format: % Value 2018-2023; Table 31 Forecast Sales of Breakfast Cereals by Category: Volume 2023-2028; Table 32 Forecast Sales of Breakfast Cereals by Category: Value 2023-2028; Table 33 Forecast Sales of Breakfast Cereals by Category: % Volume Growth 2023-2028; Table 34 Forecast Sales of Breakfast Cereals by Category: % Value Growth 2023-2028
PROCESSED MEAT, SEAFOOD AND ALTERNATIVES TO MEAT IN LATVIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Retail volume sales rise, while foodservice recovers as barbecue seasonality supports retail sales
Canned goods and seafood traditions
Major meat players lead
PROSPECTS AND OPPORTUNITIES
Moderate growth predicted with development driven by rising health consciousness
Niche market for plant-based alternatives
Private label set to expand portfolios as local players grow their retail networks
CATEGORY DATA: Table 35 Sales of Processed Meat, Seafood and Alternatives to Meat by Category: Volume 2018-2023; Table 36 Sales of Processed Meat, Seafood and Alternatives to Meat by Category: Value 2018-2023; Table 37 Sales of Processed Meat, Seafood and Alternatives to Meat by Category: % Volume Growth 2018-2023; Table 38 Sales of Processed Meat, Seafood and Alternatives to Meat by Category: % Value Growth 2018-2023; Table 39 NBO Company Shares of Processed Meat, Seafood and Alternatives to Meat: % Value 2019-2023; Table 40 LBN Brand Shares of Processed Meat, Seafood and Alternatives to Meat: % Value 2020-2023; Table 41 Distribution of Processed Meat, Seafood and Alternatives to Meat by Format: % Value 2018-2023; Table 42 Forecast Sales of Processed Meat, Seafood and Alternatives to Meat by Category: Volume 2023-2028; Table 43 Forecast Sales of Processed Meat, Seafood and Alternatives to Meat by Category: Value 2023-2028
PROCESSED FRUIT AND VEGETABLES IN LATVIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Stagnation and economic challenges in 2023
Frozen potatoes prove popular as consumers continue to stockpile canned goods
Spilva and Bonduelle lead brands
PROSPECTS AND OPPORTUNITIES
Category faces limited growth prospects, though sales will remain strong
Shelf stable vegetables may suffer, while fresh produce presents increased threat
Demand for frozen vegetable mixes
CATEGORY DATA: Table 44 Sales of Processed Fruit and Vegetables by Category: Volume 2018-2023; Table 45 Sales of Processed Fruit and Vegetables by Category: Value 2018-2023; Table 46 Sales of Processed Fruit and Vegetables by Category: % Volume Growth 2018-2023; Table 47 Sales of Processed Fruit and Vegetables by Category: % Value Growth 2018-2023; Table 48 NBO Company Shares of Processed Fruit and Vegetables: % Value 2019-2023; Table 49 LBN Brand Shares of Processed Fruit and Vegetables: % Value 2020-2023; Table 50 Distribution of Processed Fruit and Vegetables by Format: % Value 2018-2023; Table 51 Forecast Sales of Processed Fruit and Vegetables by Category: Volume 2023-2028; Table 52 Forecast Sales of Processed Fruit and Vegetables by Category: Value 2023-2028; Table 53 Forecast Sales of Processed Fruit and Vegetables by Category: % Volume Growth 2023-2028; Table 54 Forecast Sales of Processed Fruit and Vegetables by Category: % Value Growth 2023-2028
RICE, PASTA AND NOODLES IN LATVIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Market stability amid economic uncertainty
Changing brand dynamics
Consumers shift towards premium products
PROSPECTS AND OPPORTUNITIES
Health consciousness to continue impacting sales
Premiumisation will expand within pasta, while instant noodles attracts contrasting perceptions
Private label players will present greater competitive threat
CATEGORY DATA: Table 55 Sales of Rice, Pasta and Noodles by Category: Volume 2018-2023; Table 56 Sales of Rice, Pasta and Noodles by Category: Value 2018-2023; Table 57 Sales of Rice, Pasta and Noodles by Category: % Volume Growth 2018-2023; Table 58 Sales of Rice, Pasta and Noodles by Category: % Value Growth 2018-2023; Table 59 NBO Company Shares of Rice, Pasta and Noodles: % Value 2019-2023; Table 60 LBN Brand Shares of Rice, Pasta and Noodles: % Value 2020-2023; Table 61 NBO Company Shares of Rice: % Value 2019-2023; Table 62 LBN Brand Shares of Rice: % Value 2020-2023; Table 63 NBO Company Shares of Pasta: % Value 2019-2023; Table 64 LBN Brand Shares of Pasta: % Value 2020-2023; Table 65 NBO Company Shares of Noodles: % Value 2019-2023; Table 66 LBN Brand Shares of Noodles: % Value 2020-2023; Table 67 Distribution of Rice, Pasta and Noodles by Format: % Value 2018-2023; Table 68 Distribution of Rice by Format: % Value 2018-2023; Table 69 Distribution of Pasta by Format: % Value 2018-2023; Table 70 Distribution of Noodles by Format: % Value 2018-2023; Table 71 Forecast Sales of Rice, Pasta and Noodles by Category: Volume 2023-2028; Table 72 Forecast Sales of Rice, Pasta and Noodles by Category: Value 2023-2028; Table 73 Forecast Sales of Rice, Pasta and Noodles by Category: % Volume Growth 2023-2028; Table 74 Forecast Sales of Rice, Pasta and Noodles by Category: % Value Growth 2023-2028