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Ice Cream in Latvia

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    Report

  • 19 Pages
  • July 2023
  • Region: Latvia
  • Euromonitor International
  • ID: 1203232
Ice cream is expected to be an outlier in terms of snacks in 2023, with healthy constant value and volume growth expected. A hot summer is also expected to boost volume sales. However, with consumers continuing to be price sensitive, as inflation remains high, premium brands such as Magnum are expected to lose value share.

The analyst's Ice Cream 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 2023 directly informs our forecasts to 2027, clearly indicating how the market is expected to change.

Product coverage:
Frozen Yoghurt, Impulse Ice Cream, Plant-based Ice Cream, Take-Home Ice Cream, Unpackaged Ice Cream.

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

Why buy this report?

  • Get a detailed picture of the Ice Cream 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.

Table of Contents

ICE CREAM IN LATVIAKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Ice cream star performer in 2023
  • Rigas Piena Kombinats maintains leading position
  • Multi-pack dairy ice cream gaining popularity
PROSPECTS AND OPPORTUNITIES
  • Moderate outlook over forecast period
  • Players push to increase consumption during winter months
  • Discounter Lidl to shake-up the landscape
CATEGORY DATA
  • Table 1 Sales of Ice Cream by Category: Volume 2018-2023
  • Table 2 Sales of Ice Cream by Category: Value 2018-2023
  • Table 3 Sales of Ice Cream by Category: % Volume Growth 2018-2023
  • Table 4 Sales of Ice Cream by Category: % Value Growth 2018-2023
  • Table 5 NBO Company Shares of Ice Cream: % Value 2019-2023
  • Table 6 LBN Brand Shares of Ice Cream: % Value 2020-2023
  • Table 7 Distribution of Ice Cream by Format: % Value 2018-2023
  • Table 8 Forecast Sales of Ice Cream by Category: Volume 2023-2028
  • Table 9 Forecast Sales of Ice Cream by Category: Value 2023-2028
  • Table 10 Forecast Sales of Ice Cream by Category: % Volume Growth 2023-2028
  • Table 11 Forecast Sales of Ice Cream by Category: % Value Growth 2023-2028
SNACKS IN LATVIA
EXECUTIVE SUMMARY
  • SNACKS IN 2023: The big picture
  • Key trends in 2023
  • Competitive Landscape
  • Channel developments
  • What next for snacks?
MARKET DATA
  • Table 12 Sales of Snacks by Category: Volume 2018-2023
  • Table 13 Sales of Snacks by Category: Value 2018-2023
  • Table 14 Sales of Snacks by Category: % Volume Growth 2018-2023
  • Table 15 Sales of Snacks by Category: % Value Growth 2018-2023
  • Table 16 NBO Company Shares of Snacks: % Value 2019-2023
  • Table 17 LBN Brand Shares of Snacks: % Value 2020-2023
  • Table 18 Penetration of Private Label by Category: % Value 2018-2023
  • Table 19 Distribution of Snacks by Format: % Value 2018-2023
  • Table 20 Forecast Sales of Snacks by Category: Volume 2023-2028
  • Table 21 Forecast Sales of Snacks by Category: Value 2023-2028
  • Table 22 Forecast Sales of Snacks by Category: % Volume Growth 2023-2028
  • Table 23 Forecast Sales of Snacks by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research SOURCES