Coffee is expected to register moderate retail volume and value (constant 2022 prices) growth over the forecast period. The projected decline in the total population and, from the mid-forecast period, fall in the number of households are likely to dampen demand.
As consumers continue to return to pre-pandemic shopping habits, grocery retailers are set to benefit. On the other hand, the return to normality is predicted to continue the upturn in foodservice and limit sales growth through the retail channel.
More consumers are looking for exotic blends and a variety of origins when purchasing coffee. This existing trend is set to develop further, with consumers looking to emulate the experience of the coffee shop in their own homes.
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Understand the latest market trends and future growth opportunities for the Coffee industry in Latvia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Coffee industry in Latvia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
This is the aggregation of fresh coffee and instant coffee. Please note that foodservice sales of coffee are volumes sold to the on-trade (foodservice) sector and not those sold to the consumer.See All of Our Definitions
This report originates from Passport, our Coffee research and analysis database.
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