Category: Food
Latvia Food
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Processed Meat, Seafood and Alternatives To Meat in Latvia
... smoked meat products. Nonetheless, after a phase of post-pandemic normalisation in 2021, the category faced significant price inflation in 2022 and 2023. This inflation, coupled with falling disposable incomes and increasing living costs, has led ... Read More
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Breakfast Cereals in Latvia
... the potential for market growth. The volume sales of breakfast cereals are slightly negative for the third consecutive year, influenced by significant price inflation and reduced disposable incomes. While 2020 saw robust growth due to ... Read More
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Rice, Pasta and Noodles in Latvia
... prices rapidly increasing and impeding potential growth. Consequently, a segment of consumers has shifted towards the economy segment of dried pasta, dominated by the local Dobele brand and various private label options. Amid current geopolitical ... Read More
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Baked Goods in Latvia
... population, which limits the potential consumer base. However, a slight positive impact has been noted in 2023 in that the decline has slowed a little due to the influx of Ukrainian refugees, who contributed positively ... Read More
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Sauces, Dips and Condiments in Latvia
... be minimal, with inflation cutting into profit margins. Volume growth is also expected to be minimal. With consumers being increasingly price sensitive, there is a degree of trading down. For instance, the high price of ... Read More
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Edible Oils in Latvia
... one of the main suppliers of sunflower oil globally. In 2023, the situation has stabilised, and there has been steep price reductions. As such, current value sales are expected to rise significantly and there is ... Read More
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Sweet Spreads in Latvia
... cutting into profit margins. Volume growth is also expected to be minimal. With consumers being increasingly price sensitive, there is a degree of trading down. Performance is also not uniform. While jams and preserves continue ... Read More
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Meals and Soups in Latvia
... will be some volume growth. Growth is not expected to be uniform across all products. Pizza is expected to be the best performer in terms of volume and value growth, while soup is expected to ... Read More
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Cooking Ingredients and Meals in Latvia
... inflation and tightening monetary policy, all have a dampening impact. In particular, inflation is expected to still be an issue, though growth is expected to ease. As a result, consumers are expected to be highly ... Read More
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Baby Food in Latvia
... 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, ... Read More
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Cheese in Latvia
... improving in 2023; however, economic uncertainty prevails. Consumer preferences for more affordable cheeses are rising across the category with private label ranges making gains in 2023. Lidl’s entrance into Latvia in October 2021 has brought ... Read More
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Butter and Spreads in Latvia
... price, retail volume sales of the largest category, butter, recorded a slight decline in 2023 as its price is still higher than more affordable options including margarine and spreads. Cooking fats, meanwhile, remained a small ... Read More
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Dairy Products and Alternatives in Latvia
... ingredients in 2022, which translated into significant price increases for dairy and alternatives. After peaking in 2022, price increases are slowing in 2023; however, volume sales in the year are impacted by economic uncertainty in ... Read More
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Yoghurt and Sour Milk Products in Latvia
... uncertainty and declining purchasing power in Latvia, consumer demand for these non-essential products has waned. Turkish and Greek yoghurt, including plain yoghurt without additives, however, have recently attracted consumer interest as they appeal in terms ... Read More
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Plant-Based Dairy in Latvia
... declining due to economic uncertainty in the country. Consuming fewer animal-based products is increasingly believed to enrich diets, improve health and decrease environmental footprint; however, economic uncertainty and lower purchasing power is pushing consumers towards ... Read More
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Other Dairy in Latvia
... perceived to be essential items. Decline is also attributable to the declining birth rate in the birth rate in Latvia as the main consumers of these products are children. Cream is also experiencing a drop ... Read More
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Gum in Latvia
... remove any bad breath. Euromonitor International's Gum 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 ... Read More
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Chocolate Confectionery in Latvia
... of Ukraine, the meteoric rise in inflation and tightening monetary policy, all have a dampening impact. In particular, inflation is expected to still be an issue, though its growth is expected to ease. As a ... Read More
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Savoury Snacks in Latvia
... vegetable oil in particular see significant price rises. Many segments are expected to register a volume decline, including the most popular product, potato chips. Nuts, seeds and trail mixes, as well as tortilla chips, are ... Read More
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Snacks in Latvia
... monetary policy, all have a dampening impact. In particular, inflation is expected to still be an issue, though its growth is expected to ease. As a result, consumers are expected to be highly price sensitive ... Read More
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Sugar Confectionery in Latvia
... growth, mints are expected to be the strongest performer. Mints are perceived as healthier than other sugar confectionery and are also used as a breath freshener and this is driving volume growth. Manufacturers of mints, ... Read More
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Ice Cream in Latvia
... sales. However, with consumers continuing to be price sensitive, as inflation remains high, premium brands such as Magnum are expected to lose value share. Euromonitor International's Ice Cream in Latvia report offers in-depth knowledge of ... Read More
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Sweet Biscuits, Snack Bars and Fruit Snacks in Latvia
... economic uncertainty as a result of Russia’s invasion of Ukraine, the meteoric rise in inflation and tightening monetary policy, all have a dampening impact. In particular, inflation is expected to still be an issue, though ... Read More
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Bakery Products Market in Latvia to 2027
... from 2019 to 2022 and forecasts until 2027 which makes the report an invaluable resource for business leaders, decision-makers, consultants, analysts, and other people looking for key industry data in a readily accessible document with ... Read More
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Grocery Retailers in Latvia
... also started to recover sales. Despite economic uncertainty, existing grocery chains continued to look to expansion plans, while new and important entrants gained traction. Many players opened new outlets in big cities and in the ... Read More
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