The outlook for other hot drinks is gloomy, with stagnation expected to set in more firmly. Both other plant-based hot drinks and chocolate-based flavoured powder drinks are set to see decreases in retail volume sales in the early forecast period.
As consumers continue to resume pre-pandemic shopping habits in light of the improved COVID-19 situation and lifting of related restrictions, sales through physical grocery retailers are expected to benefit. However, the recovery of on-trade volume sales is set to undermine the retail demand for chocolate-based flavoured powder drinks.
The arrival of Lidl in Latvia is expected to disrupt the competitive landscape in other hot drinks. Lidl opened 15 stores in Latvia at the end of 2021, with plans for more new stores in the short to medium term.
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Understand the latest market trends and future growth opportunities for the Other Hot Drinks industry in Latvia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Other Hot Drinks
This is the aggregation of Flavoured Powder Drinks and Other Plant-based Powder Drinks. Products can be served hot or cold, and can be mixed with water, milk, or other liquids. Bottled, ready-to-drink flavoured milk drinks are NOT included here and are included in Passport Packaged Food.See All of Our Definitions
This report originates from Passport, our Other Hot Drinks research and analysis database.
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