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Country Report

Cheese in

Cheese in Latvia

Oct 2020

US$990

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Executive Summary

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

2020 IMPACT

Premiumisation trend comes to a halt amidst the pandemic as consumers are forced to economise

Pre pandemic, premiumisation of cheese was becoming more popular amongst Latvians, as attitudes were beginning to change and many consumers were prepared to pay more money for better quality products. However, this trend has been interrupted by the pandemic, as purchasing power of many Latvians has been drastically reduced due to the outbreak of the virus.

Domestic players continue to dominate cheese due to long standing presence

Domestic producers will remain in control of sales of cheese in Latvia and this is a reflection of the traditional status of cheese as a staple foodstuff. Sales are heavily dominated by traditional types of cheese and local variants.

Consumers favour packaged products amidst the pandemic

Since the outbreak of COVID-19, many Latvians have been avoiding purchasing any unpackaged products as they are concerned about the contamination element that they may possess. Consequently, packaged hard cheese is expected to see the most dynamic growth in 2020 overall.

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Samples

Cheese Market Sample Report Cheese Market Sample Data

Overview

Why buy this report?

Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

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Delivery: Files are delivered directly into your account within a few minutes of purchase.

Overview

Discover the latest market trends and uncover sources of future market growth for the Cheese industry in Latvia with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Cheese industry in Latvia, our research will save you time and money while empowering you to make informed, profitable decisions.

The Cheese in Latvia market research report includes:

Analysis of key supply-side and demand trends
Detailed segmentation of international and local products
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Cheese in Latvia?
What are the major brands in Latvia?
Given mounting obesity concerns, are consumers moving from full-fat to reduced fat/fat-free offerings?
Are consumers moving from unpackaged to packaged cheese?

Why buy this report?

Gain competitive intelligence about market leaders
Track key industry trends, opportunities and threats
Inform your marketing, brand, strategy and market development, sales and supply functions

This industry report originates from Passport, our Packaged Food market research database.

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Cheese in Latvia - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Premiumisation trend comes to a halt amidst the pandemic as consumers are forced to economise

Domestic players continue to dominate cheese due to long standing presence

Consumers favour packaged products amidst the pandemic

RECOVERY AND OPPORTUNITIES

Manufacturers aim to revive the premiumisation trend over the forecast period

Innovation surrounding vegan cheese to be expected

Lidl will be well received by cash-strapped consumers over the forecast period

CATEGORY DATA

Table 1 Sales of Cheese by Category: Volume 2015-2020
Table 2 Sales of Cheese by Category: Value 2015-2020
Table 3 Sales of Cheese by Category: % Volume Growth 2015-2020
Table 4 Sales of Cheese by Category: % Value Growth 2015-2020
Table 5 Sales of Spreadable Processed Cheese by Type: % Value 2015-2020
Table 6 NBO Company Shares of Cheese: % Value 2016-2020
Table 7 LBN Brand Shares of Cheese: % Value 2017-2020
Table 8 Distribution of Cheese by Format: % Value 2015-2020
Table 9 Forecast Sales of Cheese by Category: Volume 2020-2025
Table 10 Forecast Sales of Cheese by Category: Value 2020-2025
Table 11 Forecast Sales of Cheese by Category: % Volume Growth 2020-2025
Table 12 Forecast Sales of Cheese by Category: % Value Growth 2020-2025

Packaged Food in Latvia - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on packaged food

COVID-19 country impact

Company response

Retailing shift

Foodservice vs retail split

What next for packaged food?

FOODSERVICE

Sales to Foodservice

COVID-19 wreaks havoc
Industry lobbying for a VAT cut, but it has yet to materialise
Restaurants turn to take away and home delivery for salvation

Category Data

Table 13 Foodservice Sales of Packaged Food by Category: Volume 2015-2020
Table 14 Foodservice Sales of Packaged Food by Category: % Volume Growth 2015-2020
Table 15 Forecast Foodservice Sales of Packaged Food by Category: Volume 2020-2025
Table 16 Forecast Foodservice Sales of Packaged Food by Category: % Volume Growth 2020-2025

MARKET DATA

Table 17 Sales of Packaged Food by Category: Volume 2015-2020
Table 18 Sales of Packaged Food by Category: Value 2015-2020
Table 19 Sales of Packaged Food by Category: % Volume Growth 2015-2020
Table 20 Sales of Packaged Food by Category: % Value Growth 2015-2020
Table 21 GBO Company Shares of Packaged Food: % Value 2016-2020
Table 22 NBO Company Shares of Packaged Food: % Value 2016-2020
Table 23 LBN Brand Shares of Packaged Food: % Value 2017-2020
Table 24 Penetration of Private Label by Category: % Value 2015-2020
Table 25 Distribution of Packaged Food by Format: % Value 2015-2020
Table 26 Distribution of Packaged Food by Format and Category: % Value 2020
Table 27 Forecast Sales of Packaged Food by Category: Volume 2020-2025
Table 28 Forecast Sales of Packaged Food by Category: Value 2020-2025
Table 29 Forecast Sales of Packaged Food by Category: % Volume Growth 2020-2025
Table 30 Forecast Sales of Packaged Food by Category: % Value Growth 2020-2025

Megatrends

Country Report

Cheese in Latvia

New Report Guarantee

Executive Summary

New Report Guarantee

2020 IMPACT

Premiumisation trend comes to a halt amidst the pandemic as consumers are forced to economise

Domestic players continue to dominate cheese due to long standing presence

Consumers favour packaged products amidst the pandemic

Samples

Overview

Why buy this report?

Samples (FAQs about samples):

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Table of Contents

Cheese in Latvia - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Premiumisation trend comes to a halt amidst the pandemic as consumers are forced to economise

Domestic players continue to dominate cheese due to long standing presence

Consumers favour packaged products amidst the pandemic

RECOVERY AND OPPORTUNITIES

Manufacturers aim to revive the premiumisation trend over the forecast period

Innovation surrounding vegan cheese to be expected

Lidl will be well received by cash-strapped consumers over the forecast period

CATEGORY DATA

Packaged Food in Latvia - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on packaged food

COVID-19 country impact

Company response

Retailing shift

Foodservice vs retail split

What next for packaged food?

FOODSERVICE

Sales to Foodservice

Category Data

MARKET DATA

GLOBAL MACROECONOMIC ENVIRONMENT

GLOBAL INDUSTRY ENVIRONMENT

DISCLAIMER

SOURCES

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