The confectionery market in Latvia is projected to rise by USD 52.4 million by 2029, according to the latest market study results. It is anticipated to expand at a CAGR of 2.9 percent during the forecast period. Latvia’s confectionery market is growing due to rising disposable incomes and increasing demand for both traditional and premium confectionery products. The expansion of modern retail channels is boosting product availability, while younger consumers are driving demand for innovative flavors and formats.
The report provides a comprehensive analysis of the Latvia confectionery industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as product type, packaging type, and distribution channel. The insights gained from this evaluation help reveal the growth potential within the confectionery sector.
Market Segmentation
The segmentation of the confectionery market in Latvia is outlined below:
Product type: chocolate, gums, sugar confectionery
Packaging type: flexible packaging, folding cartons, rigid plastic, metal, others
Distribution channel: convenience stores, forecourts, supermarkets and hypermarkets, discounters, specialized stores, small grocery stores, foodservice channels, e-commerce, others
The Latvia confectionery market is segmented on the basis of product type, packaging type, and distribution channel. By product type, the confectionery market in Latvia has been segmented into chocolate, gums, and sugar confectionery. Based upon packaging type, the confectionery market in Latvia is categorized into flexible packaging, folding cartons, rigid plastic, metal, and others. On the basis of distribution channel, the confectionery market in Latvia has been segmented into convenience stores, forecourts, supermarkets and hypermarkets, discounters, specialized stores, small grocery stores, foodservice channels, e-commerce, and others.
Competitive Landscape
The Latvia confectionery market is highly competitive. The report also includes the profiles of leading companies such as ZPC Mieszko S.A., Roshen Confectionery Corporation, Pure Chocolate SIA, PPHU Bomilla Sp. z o.o., Orkla ASA, Nestle S.A., Mondelez International Inc., Mars Incorporated, Karl Fazer Oy Ab, Haribo GmbH & Company KG, Ferrero International S.A., Cloetta AB, August Storck KG.
The report offers a comprehensive review of the Latvia confectionery market, focusing on key players’ performance over the 2019-2023 period. The information highlights shifts in market share, identifying both established market leaders and emerging players. By utilizing this data, businesses can enhance their competitive positioning, refining their strategies to better navigate a competitive and evolving market landscape.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Latvia confectionery market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Latvia confectionery market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Latvia confectionery market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
Table of Contents
TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewLatvia confectionery market – product type analysis
Latvia confectionery market – packaging type analysis
Latvia confectionery market – distribution channel analysis
Key players and market share
– ZPC Mieszko S.A.
– Roshen Confectionery Corporation
– Pure Chocolate, SIA
– PPHU Bomilla Sp. z o.o.
– Orkla ASA
…
Macroeconomic data and forecast
Disclaimer
FIGURES AND TABLES
Table Latvia confectionery market 2019-2029
Chart Latvia confectionery market, net growth, 2019-2029
Chart Latvia confectionery market, growth rates, 2019-2029
Table Latvia confectionery market by product type, 2019-2029
Chart Latvia confectionery market by product type, CAGR historic and forecast, 2019-2029
Chart Latvia confectionery market by product type, 2019-2029
Table Latvia confectionery market by packaging type, 2019-2029
Chart Latvia confectionery market by packaging type, CAGR historic and forecast, 2019-2029
Chart Latvia confectionery market by packaging type, 2019-2029
Table Latvia confectionery market by distribution channel, 2019-2029
Chart Latvia confectionery market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Latvia confectionery market by distribution channel, 2019-2029
Table Latvia confectionery market share (%), by companies, 2019-2023
Chart Latvia confectionery market, by companies, 2023
Table Latvia confectionery market share (%), by brands, 2019-2023
Chart Latvia 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 confectionery market: spend as a proportion of GDP (%)
Table Latvia confectionery market: consumption per capita (population)