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Processed Fruit and Vegetables in Latvia

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    Report

  • 17 Pages
  • November 2023
  • Region: Latvia
  • Euromonitor International
  • ID: 3631653
The year 2023 marks a period of stagnation for the processed fruit and vegetables category in Latvia, with volume growth dropping to minimal. While the market is gradually recovering from the severe price inflation experienced in 2022, new economic challenges, such as rising interest rates, are impacting sales. Despite significant price increases and a noticeable shift towards more affordable alternatives, the category saw solid growth in 2022.

The Processed Fruit and Vegetables 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 directly informs our forecasts to 2027, clearly indicating how the market is expected to change.

Product coverage: Frozen Processed Fruit and Vegetables, Shelf Stable Fruit and Vegetables.

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

Why buy this report?

  • Get a detailed picture of the Processed Fruit and Vegetables 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

PROCESSED FRUIT AND VEGETABLES IN LATVIAKEY 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 1 Sales of Processed Fruit and Vegetables by Category: Volume 2018-2023
  • Table 2 Sales of Processed Fruit and Vegetables by Category: Value 2018-2023
  • Table 3 Sales of Processed Fruit and Vegetables by Category: % Volume Growth 2018-2023
  • Table 4 Sales of Processed Fruit and Vegetables by Category: % Value Growth 2018-2023
  • Table 5 NBO Company Shares of Processed Fruit and Vegetables: % Value 2019-2023
  • Table 6 LBN Brand Shares of Processed Fruit and Vegetables: % Value 2020-2023
  • Table 7 Distribution of Processed Fruit and Vegetables by Format: % Value 2018-2023
  • Table 8 Forecast Sales of Processed Fruit and Vegetables by Category: Volume 2023-2028
  • Table 9 Forecast Sales of Processed Fruit and Vegetables by Category: Value 2023-2028
  • Table 10 Forecast Sales of Processed Fruit and Vegetables by Category: % Volume Growth 2023-2028
  • Table 11 Forecast Sales of Processed Fruit and Vegetables by Category: % Value Growth 2023-2028
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 12 Sales of Staple Foods by Category: Volume 2018-2023
  • Table 13 Sales of Staple Foods by Category: Value 2018-2023
  • Table 14 Sales of Staple Foods by Category: % Volume Growth 2018-2023
  • Table 15 Sales of Staple Foods by Category: % Value Growth 2018-2023
  • Table 16 NBO Company Shares of Staple Foods: % Value 2019-2023
  • Table 17 LBN Brand Shares of Staple Foods: % Value 2020-2023
  • Table 18 Penetration of Private Label by Category: % Value 2019-2023
  • Table 19 Distribution of Staple Foods by Format: % Value 2018-2023
  • Table 20 Forecast Sales of Staple Foods by Category: Volume 2023-2028
  • Table 21 Forecast Sales of Staple Foods by Category: Value 2023-2028
  • Table 22 Forecast Sales of Staple Foods by Category: % Volume Growth 2023-2028
  • Table 23 Forecast Sales of Staple Foods by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources