The outlook is positive for savoury snacks over the forecast period. Despite high inflation, the snacking trend will continue to gather pace as all different target consumers continue to purchase savoury snacks.
There is a very limited presence of private label in savoury snacks. Latvians show a degree of brand loyalty within the largest product area, potato chips, which makes the competitive environment unfavourable for private label.
Savoury snacks will see continued growth over the forecast period, driven by the transition towards packaged products suitable for on-the-go consumption. As consumers’ lifestyles become increasingly busier, there will be a rise in interest in products suitable for on-the-go consumption in convenient packaging formats.
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Understand the latest market trends and future growth opportunities for the Savoury Snacks 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.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Savoury Snacks 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 chips/crisps, extruded snacks, tortilla/corn chips, popcorn, pretzels, nuts and other categories of savoury snacks.See All of Our Definitions
This report originates from Passport, our Savoury Snacks research and analysis database.
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