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Sweet Spreads in Latvia

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    Report

  • 17 Pages
  • November 2024
  • Region: Latvia
  • Euromonitor International
  • ID: 1203315
Although the growth of sweet spreads remains moderate, the category exhibits notable stability within Latvia in 2024. This steady performance is supported by a diverse range of offerings from local, regional, and international brands, which collectively contribute to a highly competitive market landscape. Intense promotional activity characterises the sector, with discounts and price incentives playing a critical role in maintaining consumer interest amidst economic pressures.

The Sweet Spreads 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: Chocolate Spreads, Honey, Jams and Preserves, Nut and Seed 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 Sweet Spreads 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
  • Positive momentum for a competitive market
  • Steady demand for jams despite cost challenges
  • Diet and nutrition trends show mixed impact on peanut butter
PROSPECTS AND OPPORTUNITIES
  • Gradual growth expected, driven by premiumisation and pricing
  • Honey faces challenges from artisanal competitors
  • Jams to remain a mainstay of the category
CATEGORY DATA
  • Table 1 Sales of Sweet Spreads by Category: Volume 2019-2024
  • Table 2 Sales of Sweet Spreads by Category: Value 2019-2024
  • Table 3 Sales of Sweet Spreads by Category: % Volume Growth 2019-2024
  • Table 4 Sales of Sweet Spreads by Category: % Value Growth 2019-2024
  • Table 5 NBO Company Shares of Sweet Spreads: % Value 2020-2024
  • Table 6 LBN Brand Shares of Sweet Spreads: % Value 2021-2024
  • Table 7 Distribution of Sweet Spreads by Format: % Value 2019-2024
  • Table 8 Forecast Sales of Sweet Spreads by Category: Volume 2024-2029
  • Table 9 Forecast Sales of Sweet Spreads by Category: Value 2024-2029
  • Table 10 Forecast Sales of Sweet Spreads by Category: % Volume Growth 2024-2029
  • Table 11 Forecast Sales of Sweet Spreads 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 12 Sales of Cooking Ingredients and Meals by Category: Volume 2019-2024
  • Table 13 Sales of Cooking Ingredients and Meals by Category: Value 2019-2024
  • Table 14 Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2019-2024
  • Table 15 Sales of Cooking Ingredients and Meals by Category: % Value Growth 2019-2024
  • Table 16 NBO Company Shares of Cooking Ingredients and Meals: % Value 2020-2024
  • Table 17 LBN Brand Shares of Cooking Ingredients and Meals: % Value 2021-2024
  • Table 18 Penetration of Private Label by Category: % Value 2019-2024
  • Table 19 Distribution of Cooking Ingredients and Meals by Format: % Value 2019-2024
  • Table 20 Forecast Sales of Cooking Ingredients and Meals by Category: Volume 2024-2029
  • Table 21 Forecast Sales of Cooking Ingredients and Meals by Category: Value 2024-2029
  • Table 22 Forecast Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2024-2029
  • Table 23 Forecast Sales of Cooking Ingredients and Meals by Category: % Value Growth 2024-2029
DISCLAIMER
SOURCES
  • Summary 1 Research Sources