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Sauces, Dips and Condiments in Latvia

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    Report

  • 21 Pages
  • November 2024
  • Region: Latvia
  • Euromonitor International
  • ID: 1203285
Sauces, dips, and condiments in Latvia shows stable performance in 2024, following a period of intense price fluctuations in 2022-2023. The shocks caused by global economic pressures have largely subsided, allowing the market to settle into a more predictable pricing structure. This stability is helping Latvian consumers regain confidence in their purchasing habits, contributing to a steady demand for sauces and condiments that complement local culinary traditions.

The Sauces, Dips and Condiments 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 2019-2023, 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 2028, clearly indicating how the market is expected to change.

Product coverage: Cooking Ingredients and Condiments, Dips, Other Sauces and Condiments, Pickled Products, Sauces, Yeast-based Spreads.

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

Why buy this report?

  • Get a detailed picture of the Sauces, Dips and Condiments 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

KEY DATA FINDINGS
2024 DEVELOPMENTS
  • Stabilisation following economic volatility
  • Shift from stock cubes to modern alternatives
  • Recipe sauces and speciality flavours drive growth
PROSPECTS AND OPPORTUNITIES
  • Flat growth in core categories, potential in niche segments
  • Ketchup and mayonnaise remain key products, despite evolving preferences
  • Private label gain momentum across product categories
CATEGORY DATA
  • Table 1 Sales of Sauces, Dips and Condiments by Category: Volume 2019-2024
  • Table 2 Sales of Sauces, Dips and Condiments by Category: Value 2019-2024
  • Table 3 Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2019-2024
  • Table 4 Sales of Sauces, Dips and Condiments by Category: % Value Growth 2019-2024
  • Table 5 Sales of Liquid Recipe Sauces by Type: % Value 2019-2024
  • Table 6 NBO Company Shares of Sauces, Dips and Condiments: % Value 2020-2024
  • Table 7 LBN Brand Shares of Sauces, Dips and Condiments: % Value 2021-2024
  • Table 8 Distribution of Sauces, Dips and Condiments by Format: % Value 2019-2024
  • Table 9 Forecast Sales of Sauces, Dips and Condiments by Category: Volume 2024-2029
  • Table 10 Forecast Sales of Sauces, Dips and Condiments by Category: Value 2024-2029
  • Table 11 Forecast Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2024-2029
  • Table 12 Forecast Sales of Sauces, Dips and Condiments by Category: % Value Growth 2024-2029
COOKING INGREDIENTS AND MEALS IN LATVIA
EXECUTIVE SUMMARY
  • Cooking ingredients and meals in 2024: The big picture
  • Key trends in 2024
  • Competitive landscape
  • Channel developments
  • What next for cooking ingredients and meals?
MARKET DATA
  • Table 13 Sales of Cooking Ingredients and Meals by Category: Volume 2019-2024
  • Table 14 Sales of Cooking Ingredients and Meals by Category: Value 2019-2024
  • Table 15 Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2019-2024
  • Table 16 Sales of Cooking Ingredients and Meals by Category: % Value Growth 2019-2024
  • Table 17 NBO Company Shares of Cooking Ingredients and Meals: % Value 2020-2024
  • Table 18 LBN Brand Shares of Cooking Ingredients and Meals: % Value 2021-2024
  • Table 19 Penetration of Private Label by Category: % Value 2019-2024
  • Table 20 Distribution of Cooking Ingredients and Meals by Format: % Value 2019-2024
  • Table 21 Forecast Sales of Cooking Ingredients and Meals by Category: Volume 2024-2029
  • Table 22 Forecast Sales of Cooking Ingredients and Meals by Category: Value 2024-2029
  • Table 23 Forecast Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2024-2029
  • Table 24 Forecast Sales of Cooking Ingredients and Meals by Category: % Value Growth 2024-2029
DISCLAIMER
SOURCES
  • Summary 1 Research Sources