Plant-Based Dairy in Latvia

September 2023 | 14 pages | ID: PC8ECB852343EN
Euromonitor International Ltd

Abstracts

Plant-based dairy has grown rapidly from a low base in Latvia; however, growth is slowing due to the high prices of plant-based products as the purchasing power of the population is 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 cheaper products that they perceive to be mor...

Euromonitor International's Plant-based Dairy 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: Plant-based Cheese, Plant-based Milk, Plant-based Yoghurt.

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

Why buy this report?

• Get a detailed picture of the Plant-based Dairy 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.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Contents

Plant-Based Dairy in Latvia
Euromonitor International
September 2023

LIST OF CONTENTS AND TABLES

PLANT-BASED DAIRY IN LATVIA
KEY DATA FINDINGS

2023 DEVELOPMENTS

Growth from a low base
Imported brands dominate plant-based dairy
Discounters expanding their plant-based ranges to attract price-sensitive consumers
PROSPECTS AND OPPORTUNITIES
Further growth potential
Plant-based dairy is open to new players
Leader Alpro’s share may decline as competition intensifies
CATEGORY DATA
Table 1 Sales of Plant-Based Dairy by Category: Value 2018-2023
Table 2 Sales of Plant-Based Dairy by Category: % Value Growth 2018-2023
Table 3 NBO Company Shares of Plant-Based Dairy: % Value 2019-2023
Table 4 LBN Brand Shares of Plant-Based Dairy: % Value 2020-2023
Table 5 Distribution of Plant-Based Dairy by Format: % Value 2018-2023
Table 6 Forecast Sales of Plant-Based Dairy by Category: Value 2023-2028
Table 7 Forecast Sales of Plant-Based Dairy by Category: % Value Growth 2023-2028
DAIRY PRODUCTS AND ALTERNATIVES IN LATVIA
EXECUTIVE SUMMARY
Dairy products and alternatives in 2023: The big picture
Key trends in 2023
Competitive Landscape
Channel developments
What next for dairy products and alternatives?
MARKET DATA
Table 8 Sales of Dairy Products and Alternatives by Category: Value 2018-2023
Table 9 Sales of Dairy Products and Alternatives by Category: % Value Growth 2018-2023
Table 10 NBO Company Shares of Dairy Products and Alternatives: % Value 2019-2023
Table 11 LBN Brand Shares of Dairy Products and Alternatives: % Value 2020-2023
Table 12 Penetration of Private Label by Category: % Value 2018-2023
Table 13 Distribution of Dairy Products and Alternatives by Format: % Value 2018-2023
Table 14 Forecast Sales of Dairy Products and Alternatives by Category: Value 2023-2028
Table 15 Forecast Sales of Dairy Products and Alternatives by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
Summary 1 Research Sources