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Meals and Soups in Latvia

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    Report

  • 19 Pages
  • November 2025
  • Region: Latvia
  • Euromonitor International
  • ID: 5731940
While Latvian consumers value convenience, home-cooked meals remain far more popular, limiting the growth potential of ready meals and soups. Economic factors, particularly concerns about purchasing power, also constrain a sharper rise in demand.

This 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 2020-2025, 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 currently shaping the market along with prospects for the next five years, clearly indicating how the market is expected to change.

Product coverage: Food Kits, Pizza, Prepared Salads, Ready Meals, Soup.

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

Why buy this report?

  • Get a detailed picture of the Meals and Soups 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
2025 DEVELOPMENTS
  • Most prefer home cooking, particularly given pressure on home budgets
INDUSTRY PERFORMANCE
  • Demand impacted by economic uncertainty and home cooking
  • Shelf stable soup appeals to a broad consumer base
WHAT’S NEXT?
  • Ongoing economic uncertainty will continue to limit demand
  • Health and wellness concerns further constrain category expansion
COMPETITIVE LANDSCAPE
  • Nestlé leads with its flagship Maggi brand
CHANNELS
  • Convenience retailers attract consumers looking for a quick meal solution
  • Lidl offers private label and a wide selection of prepared salads
CATEGORY DATA
  • Table 1 Sales of Meals and Soups by Category: Volume 2020-2025
  • Table 2 Sales of Meals and Soups by Category: Value 2020-2025
  • Table 3 Sales of Meals and Soups by Category: % Volume Growth 2020-2025
  • Table 4 Sales of Meals and Soups by Category: % Value Growth 2020-2025
  • Table 5 NBO Company Shares of Meals and Soups: % Value 2021-2025
  • Table 6 LBN Brand Shares of Meals and Soups: % Value 2022-2025
  • Table 7 Distribution of Meals and Soups by Format: % Value 2020-2025
  • Table 8 Forecast Sales of Meals and Soups by Category: Volume 2025-2030
  • Table 9 Forecast Sales of Meals and Soups by Category: Value 2025-2030
  • Table 10 Forecast Sales of Meals and Soups by Category: % Volume Growth 2025-2030
  • Table 11 Forecast Sales of Meals and Soups by Category: % Value Growth 2025-2030
COUNTRY REPORTS DISCLAIMERCOOKING INGREDIENTS AND MEALS IN LATVIA
EXECUTIVE SUMMARY
  • Greater stability as price fluctuations ease
KEY DATA FINDINGS
INDUSTRY PERFORMANCE
  • Olive oil benefits from falling prices
  • Global cocoa price fluctuations impact chocolate spread
  • Impact of a cold summer
WHAT’S NEXT?
  • Stagnating sales of a mature market
  • Private label growth
  • Better future for barbecue-related products
COMPETITIVE LANDSCAPE
  • Orkla Food Latvija leads with its flagship Spilva brand
  • Medsol Srl’s dynamic growth supported by rising olive oil demand
CHANNELS
  • Convenience stores and supermarkets lead
  • Discounters’ growth driven by the ongoing expansion of Lidl
  • E-commerce’s development constrained by a lack of investment
MARKET DATA
  • Table 12 Sales of Cooking Ingredients and Meals by Category: Volume 2020-2025
  • Table 13 Sales of Cooking Ingredients and Meals by Category: Value 2020-2025
  • Table 14 Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2020-2025
  • Table 15 Sales of Cooking Ingredients and Meals by Category: % Value Growth 2020-2025
  • Table 16 NBO Company Shares of Cooking Ingredients and Meals: % Value 2021-2025
  • Table 17 LBN Brand Shares of Cooking Ingredients and Meals: % Value 2022-2025
  • Table 18 Penetration of Private Label by Category: % Value 2020-2025
  • Table 19 Distribution of Cooking Ingredients and Meals by Format: % Value 2020-2025
  • Table 20 Forecast Sales of Cooking Ingredients and Meals by Category: Volume 2025-2030
  • Table 21 Forecast Sales of Cooking Ingredients and Meals by Category: Value 2025-2030
  • Table 22 Forecast Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2025-2030
  • Table 23 Forecast Sales of Cooking Ingredients and Meals by Category: % Value Growth 2025-2030
COUNTRY REPORTS DISCLAIMER
SOURCES
  • Summary 1 Research Sources