Expected to experience slow growth, the Latvia baby food market is on track to register a compound annual growth rate (CAGR) of roughly 1.1% during the forecast period from 2024 to 2029. The baby food market is influenced by increasing disposable incomes and rising awareness about infant nutrition. Parents are becoming more health-conscious and are looking for baby food that is both nutritious and free from harmful chemicals or additives. This trend has led to a growing preference for organic and natural baby food products, as well as fortified options that provide additional health benefits. Furthermore, the rise of dual-income households has increased the demand for convenient, ready-to-serve baby food that aligns with the modern lifestyle of busy families.
The report delivers an in-depth analysis of the Latvia baby food industry, offering extensive market data such as historical market size, growth trajectories, and forward-looking projections. It thoroughly examines key market categories and subcategories, emphasizing critical elements like product type, category and distribution channel. By offering this detailed analysis, the report assists in uncovering the untapped potential of the baby food market.
Market Segmentation
The following outlines the segmentation of the Latvia baby food market:
Product type: dried baby food, prepared baby food, milk formula (standard formula, follow-on formula, growing-up milk, special milks), other baby food
Category: conventional, organic
Distribution channel: convenience stores, supermarkets and hypermarkets, discounters, small grocery stores, general merchant stores, health and beauty stores, e-commerce, others
The Latvia market for baby food is divided based on product type, category and distribution channel. By product type, the market is categorized into dried baby food, prepared baby food, milk formula (standard formula, follow-on formula, growing-up milk, special milks), and other baby food. Category categories include conventional, and organic. Distribution channel segmentation comprises convenience stores, supermarkets and hypermarkets, discounters, small grocery stores, general merchant stores, health and beauty stores, e-commerce, and others.
Competitive Landscape
The Latvia baby food market remains highly competitive, with major players including Topfer GmbH, Royal FrieslandCampina N.V., Nestle S.A., Lat Eko Food SIA, HiPP GmbH & Company Vertrieb KG, Hero AG, DMK Deutsches Milchkontor GmbH, Danone S.A. and Atlantic Grupa d.d.
This report delivers an in-depth examination of leading companies in the baby food sector, analyzing their performance from 2019 to 2023. The results indicate changes in market share, emphasizing both established leaders and new entrants.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Latvia baby food market.
Gain in-depth analysis and forecasts for the key segments of the Latvia baby food market: product type, category and distribution channel.
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Gain deep insights into the dynamics of the Latvia baby food market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Latvia baby food market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Latvia Baby Food Market – Product Type Analysis
Latvia Baby Food Market – Category Analysis
Latvia Baby Food Market – Distribution Channel Analysis
Key Players and Market Share
– Topfer GmbH
– Royal FrieslandCampina N.V.
– Nestle S.A.
– Lat Eko Food SIA
– HiPP GmbH & Company Vertrieb KG
– Hero AG
– DMK Deutsches Milchkontor GmbH
– Danone S.A.
– Atlantic Grupa d.d.
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Latvia Baby Food Market 2019-2029
Chart Latvia Baby Food Market, Net Growth, 2019-2029
Chart Latvia Baby Food Market, Growth Rates, 2019-2029
Table Latvia Baby Food Market by Product Type, 2019-2029
Chart Latvia Baby Food Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Latvia Baby Food Market by Product Type, 2019-2029
Table Latvia Baby Food Market by Category, 2019-2029
Chart Latvia Baby Food Market by Category, CAGR Historic and Forecast, 2019-2029
Chart Latvia Baby Food Market by Category, 2019-2029
Table Latvia Baby Food Market by Distribution Channel, 2019-2029
Chart Latvia Baby Food Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Latvia Baby Food Market by Distribution Channel, 2019-2029
Table Latvia Baby Food Market Share (%), by Companies, 2019-2023
Chart Latvia Baby Food Market, by Companies, 2023
Table Latvia Baby Food Market Share (%), by Brands, 2019-2023
Chart Latvia Baby Food Market, by Brands, 2023
Table Latvia – Population (Millions) and Forecast
Table Latvia – Consumer Price Index (CPI) and Forecast
Table Latvia – Gross Domestic Product and Forecast
Table Latvia Baby Food Market: Spend as a Proportion of GDP (%)
Table Latvia Baby Food Market: Consumption per Capita (Population)
Companies Mentioned
Topfer GmbH
Royal FrieslandCampina N.V.
Nestle S.A.
Lat Eko Food SIA
HiPP GmbH & Company Vertrieb KG
Hero AG
DMK Deutsches Milchkontor GmbH
Danone S.A.
Atlantic Grupa d.d.