The baby formula sector in Latvia is projected to expand at a subdued compound annual growth rate of around 0.1% through 2030, underscoring the characteristics of a highly mature market with limited near-term momentum. Persistently declining birth rates continue to weigh on the overall infant food landscape, constraining the scope for meaningful volume growth and keeping market expansion largely flat.
Despite these demographic pressures, baby formula has maintained a relatively stable demand profile. As a core and largely non-discretionary component of infant feeding, its consumption is less sensitive to population decline than other baby food categories. Within the market, specialised formulas with clearly defined nutritional functions are demonstrating greater resilience, helping to stabilise value performance even as mainstream demand remains subdued.
Heightened parental awareness of health risks, including allergies and lactose intolerance, is shaping purchasing behaviour. In response, some households are proactively opting for more professional and function-led formulas as a form of nutritional risk management, reinforcing demand in targeted segments. This trend is supported by a strong reliance on high quality standards and regulatory compliance, which favours products able to consistently demonstrate safety and nutritional adequacy.
Overall, Latvia’s baby formula market is constrained in its growth potential by unfavourable demographic dynamics and cautious consumer spending. Nevertheless, the category’s essential nature, combined with its role in health protection and professional nutrition, continues to underpin a solid demand base, allowing it to retain relative stability within a challenging market environment.
With the latest figures updated in 2025, this report delivers a clear snapshot of the baby formula market in Latvia. Covering a ten-year horizon from 2020 to 2030, it serves as a critical resource for identifying investment trends, assessing market entry points, and tracking structural shifts in demand.
What’s Inside the Report
Annual market size figures expressed in (Tons/USD), spanning 2020 to 2030. The dataset includes both historical actuals and forecasts, along with CAGR calculations for historical and projected periods.
Market Segmentation
The Latvia baby formula market is structured as follows:
Product type – e.g., standard infant formula, follow-up formula, growing-up formula, special formulas
Distribution channel – e.g., convenience stores, discounters, e-commerce, hypermarkets, supermarkets, others
Macroeconomic & Demographic Indicators
Supporting context includes:
Total population
Consumer Price Index (CPI)
Gross Domestic Product (GDP)
Per capita consumption
Consumer spending as a percentage of GDP
These variables enhance understanding of consumption potential and macroeconomic trends affecting the market.
Competitive Landscape: Market Share Analysis
Market share analysis is included for the baby formula industry in Latvia, shedding light on the relative scale and market presence of major firms. Leading companies include: Danone S.A., DMK Deutsches Milchkontor GmbH, HiPP GmbH & Company Vertrieb KG, Nestle S.A., Royal FrieslandCampina N.V., Topfer GmbH, etc.
This section helps stakeholders evaluate market concentration, identify partnership opportunities, and track shifts in leadership.
Why Choose This Report?
Designed as a concise yet in-depth data snapshot, this publication is tailored for professionals seeking accurate, timely, and actionable quantitative insights. Whether you’re a market entrant, investor, or established player, the report is built to support robust business decisions with confidence.
Request a redacted sample to preview the data structure and presentation quality before purchase.
Deliverables Include
Professionally structured PDF report
Full EXCEL databook with year-by-year figures and multi-dimensional segmentation from 2020 to 2030
Table of Contents
TABLE OF CONTENTS
Market Segmentation
Market Overview
Latvia Baby Formula Market – Product Type Analysis
Latvia Baby Formula Market – Distribution Channel Analysis
Company Shares Analysis
Danone S.A.
DMK Deutsches Milchkontor GmbH
HiPP GmbH & Company Vertrieb KG
Nestle S.A.
Royal FrieslandCampina N.V.
Topfer GmbH
Macroeconomic Data and Forecast
Research Methodology
Disclaimer
FIGURES AND TABLES
Table Latvia Baby Formula Market 2020-2030
Chart Latvia Baby Formula Market, Net Growth, 2020-2030
Chart Latvia Baby Formula Market, Growth Rates, 2020-2030
Table Latvia Baby Formula Market by Product Type, 2020-2030
Chart Latvia Baby Formula Market by Product Type, CAGR Historic and Forecast, 2020-2030
Chart Latvia Baby Formula Market by Product Type, 2020-2030
Table Latvia Baby Formula Market by Distribution Channel, 2020-2030
Chart Latvia Baby Formula Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Latvia Baby Formula Market by Distribution Channel, 2020-2030
Table Latvia Baby Formula Market Share (%), by Companies, 2020-2025
Chart Latvia Baby Formula Market, by Companies, 2025
Table Latvia Baby Formula Market Share (%), by Brands, 2020-2025
Chart Latvia Baby Formula Market, by Brands, 2025
Table Latvia – Population (Millions) and Forecast
Table Latvia – Consumer Price Index (CPI) and Forecast
Table Latvia – Gross Domestic Product and Forecast
Table Latvia Baby Formula Market: Spend as a Proportion of GDP (%)
Table Latvia Baby Formula Market: Consumption per Capita (Population)