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Other Hot Drinks in Latvia

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    Report

  • 22 Pages
  • January 2024
  • Region: Latvia
  • Euromonitor International
  • ID: 1214833
Other hot drinks retained a relatively niche presence in Lativa in 2023, with little interest on the part of consumers and retailers. Other plant-based hot drinks led retail volume and value sales, due to the popularity of barley-and chicory-based amongst older generations. However, the consumption of other plant-based hot drinks is in decline as younger consumers tend not to like the taste of these beverages. Instead, this demographic is tending towards coffee or alternatively, soft drinks.

The Other Hot 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 or pricing issues. Forecasts to 2028 illustrate how the market is set to change.

Product coverage: Flavoured Powder Drinks, Other Plant-based Hot Drinks.

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

Why buy this report?

  • Get a detailed picture of the Other Hot 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.

Table of Contents

OTHER HOT DRINKS IN LATVIAKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Other hot drinks remains a niche category with low growth potential
  • Stagnant performance for chocolate-based flavoured powder drinks, thanks to demographic factors
  • Players look to expand the consumer base for chocolate-based drinks beyond children, amid concerns over high sugar content
PROSPECTS AND OPPORTUNITIES
  • Gloomy outlook expected, as core products fail to find relevance with younger consumers
  • Health and wellness focus could present potential growth opportunity
  • Chocolate-based drink players have the potential to gain share, alongside private label
CATEGORY DATA
  • Table 1 Retail Sales of Other Hot Drinks by Category: Volume 2018-2023
  • Table 2 Retail Sales of Other Hot Drinks by Category: Value 2018-2023
  • Table 3 Retail Sales of Other Hot Drinks by Category: % Volume Growth 2018-2023
  • Table 4 Retail Sales of Other Hot Drinks by Category: % Value Growth 2018-2023
  • Table 5 NBO Company Shares of Other Hot Drinks: % Retail Value 2019-2023
  • Table 6 LBN Brand Shares of Other Hot Drinks: % Retail Value 2020-2023
  • Table 7 Forecast Retail Sales of Other Hot Drinks by Category: Volume 2023-2028
  • Table 8 Forecast Retail Sales of Other Hot Drinks by Category: Value 2023-2028
  • Table 9 Forecast Retail Sales of Other Hot Drinks by Category: % Volume Growth 2023-2028
  • Table 10 Forecast Retail Sales of Other Hot Drinks by Category: % Value Growth 2023-2028
HOT DRINKS IN LATVIA
EXECUTIVE SUMMARY
  • Hot drinks in 2023: The big picture
  • 2023 key trends
  • Competitive landscape
  • Retailing developments
  • Foodservice vs retail split
  • What next for hot drinks?
MARKET DATA
  • Table 11 Sales of Hot Drinks by Retail vs Foodservice: % Volume Breakdown 2018-2023
  • Table 12 Sales of Hot Drinks by Retail vs Foodservice: % Volume Growth 2018-2023
  • Table 13 Retail Sales of Hot Drinks by Category: Volume 2018-2023
  • Table 14 Retail Sales of Hot Drinks by Category: Value 2018-2023
  • Table 15 Retail Sales of Hot Drinks by Category: % Volume Growth 2018-2023
  • Table 16 Retail Sales of Hot Drinks by Category: % Value Growth 2018-2023
  • Table 17 Foodservice Sales of Hot Drinks by Category: Volume 2018-2023
  • Table 18 Foodservice Sales of Hot Drinks by Category: % Volume Growth 2018-2023
  • Table 19 Total Sales of Hot Drinks by Category: Total Volume 2018-2023
  • Table 20 Total Sales of Hot Drinks by Category: % Total Volume Growth 2018-2023
  • Table 21 NBO Company Shares of Hot Drinks: % Retail Value 2019-2023
  • Table 22 LBN Brand Shares of Hot Drinks: % Retail Value 2020-2023
  • Table 23 Penetration of Private Label in Hot Drinks by Category: % Retail Value 2018-2023
  • Table 24 Retail Distribution of Hot Drinks by Format: % Volume 2018-2023
  • Table 25 Retail Distribution of Hot Drinks by Format and Category: % Volume 2023
  • Table 26 Forecast Sales of Hot Drinks by Retail vs Foodservice: % Volume Breakdown 2023-2028
  • Table 27 Forecast Sales of Hot Drinks by Retail vs Foodservice: % Volume Growth 2023-2028
  • Table 28 Forecast Retail Sales of Hot Drinks by Category: Volume 2023-2028
  • Table 29 Forecast Retail Sales of Hot Drinks by Category: Value 2023-2028
  • Table 30 Forecast Retail Sales of Hot Drinks by Category: % Volume Growth 2023-2028
  • Table 31 Forecast Retail Sales of Hot Drinks by Category: % Value Growth 2023-2028
  • Table 32 Forecast Foodservice Sales of Hot Drinks by Category: Volume 2023-2028
  • Table 33 Forecast Foodservice Sales of Hot Drinks by Category: % Volume Growth 2023-2028
  • Table 34 Forecast Total Sales of Hot Drinks by Category: Total Volume 2023-2028
  • Table 35 Forecast Total Sales of Hot Drinks by Category: % Total Volume Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources