The latest estimates indicate that the Latvia hot drinks market is expected to experience modest growth, with an incremental increase of USD 41.2 million. This growth is projected to occur at a compound annual growth rate (CAGR) of approximately 2.2% during the forecast period from 2024 to 2029. In Latvia, the hot drinks market is driven by an increasing interest in premium coffee and herbal teas. The expansion of e-commerce and local retailers is enhancing accessibility to a wide range of hot drink offerings.
The report delivers an in-depth analysis of the Latvia hot drinks 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, packaging type and distribution channel. By offering this detailed analysis, the report assists in uncovering the untapped potential of the hot drinks market.
Market Segmentation
The following outlines the segmentation of the Latvia hot drinks market:
Product type: coffee, tea, chocolate drinks, others
Packaging type: flexible packaging, glass, metal, paper-based containers, rigid plastic
Distribution channel: convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, food & drinks specialty stores, grocery stores, bars & HoReCa, vending, e-commerce, others
The hot drinks market in Latvia is segmented based on product type, packaging type and distribution channel. In terms of product type, the market is segmented into coffee, tea, chocolate drinks, and others. Packaging type segmentation includes flexible packaging, glass, metal, paper-based containers, and rigid plastic. Distribution channel segments are categorized into convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, food & drinks specialty stores, grocery stores, bars & HoReCa, vending, e-commerce, and others.
Competitive Landscape
The competitive landscape of the hot drinks market has been analyzed, with a focus on key players such as Tchibo GmbH, Tata Consumer Products Ltd., Paulig AB, Nestle S.A., MOKATE SA, MJF Holdings Limited, Luigi Lavazza S.p.A., LOFBERGS LILA AB, Lipton Teas and Infusions, LIEPAJAS KAFIJAS FABRIKA SIA, JDE Peet’s N.V., INTEKA SIA, Grupa Maspex Wadowice, Greenfield Tea Ltd., Galca LTD, Daisena UAB., BARGI SIA, Alois Dallmayr KG and Ahmad Tea Ltd.
This report delivers an in-depth examination of leading companies in the hot drinks 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 hot drinks market.
Gain in-depth analysis and forecasts for the key segments of the Latvia hot drinks market: product type, packaging type and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Latvia hot drinks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Latvia hot drinks 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 Hot Drinks Market – Product Type Analysis
Latvia Hot Drinks Market – Packaging Type Analysis
Latvia Hot Drinks Market – Distribution Channel Analysis
Key Players and Market Share
– Tchibo GmbH
– Tata Consumer Products Ltd.
– Paulig AB
– Nestle S.A.
– MOKATE SA
– MJF Holdings Limited
– Luigi Lavazza S.p.A.
– LOFBERGS LILA AB
– Lipton Teas and Infusions
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Latvia Hot Drinks Market 2019-2029
Chart Latvia Hot Drinks Market, Net Growth, 2019-2029
Chart Latvia Hot Drinks Market, Growth Rates, 2019-2029
Table Latvia Hot Drinks Market by Product Type, 2019-2029
Chart Latvia Hot Drinks Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Latvia Hot Drinks Market by Product Type, 2019-2029
Table Latvia Hot Drinks Market by Packaging Type, 2019-2029
Chart Latvia Hot Drinks Market by Packaging Type, CAGR Historic and Forecast, 2019-2029
Chart Latvia Hot Drinks Market by Packaging Type, 2019-2029
Table Latvia Hot Drinks Market by Distribution Channel, 2019-2029
Chart Latvia Hot Drinks Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Latvia Hot Drinks Market by Distribution Channel, 2019-2029
Table Latvia Hot Drinks Market Share (%), by Companies, 2019-2023
Chart Latvia Hot Drinks Market, by Companies, 2023
Table Latvia Hot Drinks Market Share (%), by Brands, 2019-2023
Chart Latvia Hot Drinks 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 Hot Drinks Market: Spend as a Proportion of GDP (%)
Table Latvia Hot Drinks Market: Consumption per Capita (Population)
Companies Mentioned
Tchibo GmbH
Tata Consumer Products Ltd.
Paulig AB
Nestle S.A.
MOKATE SA
MJF Holdings Limited
Luigi Lavazza S.p.A.
LOFBERGS LILA AB
Lipton Teas and Infusions
LIEPAJAS KAFIJAS FABRIKA SIA
JDE Peet’s N.V.
INTEKA, SIA
Grupa Maspex Wadowice
Greenfield Tea Ltd.
Galca LTD
Daisena, UAB.
BARGI, SIA
Alois Dallmayr KG
Ahmad Tea Ltd.