Incremental growth of USD 26.4 million is anticipated in the Latvia chocolate confectionery market, which will expand at a CAGR of approximately 3.1% over the forecast period spanning 2024 to 2029. Latvia’s chocolate confectionery market is experiencing growth driven by rising consumer interest in premium chocolate products, including dark chocolate and organic varieties. A younger, health-conscious consumer base is increasingly looking for healthier options, such as low-sugar or high-cocoa content chocolates. Additionally, the tradition of gifting chocolates during holidays like Christmas and Easter supports seasonal demand, contributing to overall market growth.
This report presents a detailed overview of the Latvia chocolate confectionery industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like product type, type and distribution channel. This detailed analysis supports the identification of growth opportunities within the chocolate confectionery industry.
Market Segmentation
The Latvia chocolate confectionery market is structured as follows:
Product type: boxed chocolates, countlines, pouches and bags, tablets, chocolate with toys, seasonal chocolates, others
Type: regular, sugar-free
Distribution channel: convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, food and drinks stores, grocery stores, vending, e-commerce, others
The Latvia market for chocolate confectionery is divided based on product type, type and distribution channel. The market is classified by product type into boxed chocolates, countlines, pouches and bags, tablets, chocolate with toys, seasonal chocolates, and others. Type categories include regular, and sugar-free. Distribution channel segmentation comprises convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, food and drinks stores, grocery stores, vending, e-commerce, and others.
Competitive Landscape
The competitive landscape of the chocolate confectionery market features leading companies such as ZPC Mieszko S.A., Roshen Confectionery Corporation, Pure Chocolate SIA, Orkla ASA, Nestle S.A., Mondelez International Inc., Mars Incorporated, Karl Fazer Oy Ab, Ferrero International S.A., Cloetta AB, Chocoladefabriken Lindt & Sprungli AG and August Storck KG.
The report provides a detailed assessment of prominent companies within the chocolate confectionery market, tracking their performance from 2019 to 2023. Insights reveal fluctuations in market share, highlighting both veteran leaders and emerging players.
Why Buy This Report?
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Gain deep insights into the dynamics of the Latvia chocolate confectionery market.
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Anticipate the future trajectory of the Latvia chocolate confectionery market with informed projections.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Latvia Chocolate Confectionery Market – Product Type Analysis
Latvia Chocolate Confectionery Market – Type Analysis
Latvia Chocolate Confectionery Market – Distribution Channel Analysis
Key Players and Market Share
– ZPC Mieszko S.A.
– Roshen Confectionery Corporation
– Pure Chocolate, SIA
– Orkla ASA
– Nestle S.A.
– Mondelez International Inc.
– Mars, Incorporated
– Karl Fazer Oy Ab
– Ferrero International S.A.
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Latvia Chocolate Confectionery Market 2019-2029
Chart Latvia Chocolate Confectionery Market, Net Growth, 2019-2029
Chart Latvia Chocolate Confectionery Market, Growth Rates, 2019-2029
Table Latvia Chocolate Confectionery Market by Product Type, 2019-2029
Chart Latvia Chocolate Confectionery Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Latvia Chocolate Confectionery Market by Product Type, 2019-2029
Table Latvia Chocolate Confectionery Market by Type, 2019-2029
Chart Latvia Chocolate Confectionery Market by Type, CAGR Historic and Forecast, 2019-2029
Chart Latvia Chocolate Confectionery Market by Type, 2019-2029
Table Latvia Chocolate Confectionery Market by Distribution Channel, 2019-2029
Chart Latvia Chocolate Confectionery Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Latvia Chocolate Confectionery Market by Distribution Channel, 2019-2029
Table Latvia Chocolate Confectionery Market Share (%), by Companies, 2019-2023
Chart Latvia Chocolate Confectionery Market, by Companies, 2023
Table Latvia Chocolate Confectionery Market Share (%), by Brands, 2019-2023
Chart Latvia Chocolate Confectionery 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 Chocolate Confectionery Market: Spend as a Proportion of GDP (%)
Table Latvia Chocolate Confectionery Market: Consumption per Capita (Population)
Companies Mentioned
ZPC Mieszko S.A.
Roshen Confectionery Corporation
Pure Chocolate, SIA
Orkla ASA
Nestle S.A.
Mondelez International Inc.
Mars, Incorporated
Karl Fazer Oy Ab
Ferrero International S.A.
Cloetta AB
Chocoladefabriken Lindt & Sprungli AG
August Storck KG