The Latvia savory snacks market is poised for gradual growth, with an expected incremental increase of USD 26.9 million, reflecting a compound annual growth rate (CAGR) of nearly 3.9% from 2024 to 2029. Latvia’s savory snacks market is growing, driven by increasing urbanization and a shift towards more convenient snacking habits. The growing preference for on-the-go snacks, such as chips, nuts, and extruded products, is boosting market demand. Additionally, the Latvian consumer base is becoming more health-conscious, resulting in a demand for healthier alternatives, such as baked chips and snacks with organic ingredients. Local flavour preferences, such as smoked fish and cheese snacks, continue to be a significant part of the market, alongside the influence of global snack trends.
The report offers a comprehensive evaluation of the Latvia savory snacks market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as product type, packaging material and distribution channel. This comprehensive evaluation aids in identifying the growth potential within the savory snacks industry.
Market Segmentation
The Latvia savory snacks market is classified into the following segments:
Product type: corn and tortilla chips, nuts and seeds, popcorn, potato chips, pretzels, puffed snacks, rice snacks, savoury biscuits and crackers, vegetable and pulse chips, others
Packaging material: flexible packaging, paper and board, rigid plastics, others
Distribution channel: convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, food and drinks stores, grocery stores, e-commerce, others
The Latvia savory snacks market is categorized by product type, packaging material and distribution channel. By product type, the market includes corn and tortilla chips, nuts and seeds, popcorn, potato chips, pretzels, puffed snacks, rice snacks, savoury biscuits and crackers, vegetable and pulse chips, and others. Packaging material segments comprise flexible packaging, paper and board, rigid plastics, and others. Distribution channel segmentation comprises convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, food and drinks stores, grocery stores, e-commerce, and others.
Competitive Landscape
The report provides profiles of notable companies, including Pernes L LTD, PepsiCo Inc., Paulig AB, Orkla ASA, Latteps Food SIA, Lantmannen ek for, Intersnack Group GmbH & Co. KG, Gemoss SIA, Baltās Naktis SIA, Arimex UAB and Alis Co SIA.
This analysis offers a comprehensive overview of the main players in the savory snacks market, evaluating their performance trends from 2019 to 2023. Key findings illustrate shifts in market share, identifying both dominant firms and rising competitors.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Latvia savory snacks market.
Gain in-depth analysis and forecasts for the key segments of the Latvia savory snacks market: product type, packaging material and distribution channel.
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Gain deep insights into the dynamics of the Latvia savory snacks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Latvia savory snacks 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 Savory Snacks Market – Product Type Analysis
Latvia Savory Snacks Market – Packaging Material Analysis
Latvia Savory Snacks Market – Distribution Channel Analysis
Key Players and Market Share
– Pernes L LTD
– PepsiCo, Inc.
– Paulig AB
– Orkla ASA
– Latteps Food SIA
– Lantmannen ek for
– Intersnack Group GmbH & Co. KG
– Gemoss SIA
– Baltās Naktis SIA
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Latvia Savory Snacks Market 2019-2029
Chart Latvia Savory Snacks Market, Net Growth, 2019-2029
Chart Latvia Savory Snacks Market, Growth Rates, 2019-2029
Table Latvia Savory Snacks Market by Product Type, 2019-2029
Chart Latvia Savory Snacks Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Latvia Savory Snacks Market by Product Type, 2019-2029
Table Latvia Savory Snacks Market by Packaging Material, 2019-2029
Chart Latvia Savory Snacks Market by Packaging Material, CAGR Historic and Forecast, 2019-2029
Chart Latvia Savory Snacks Market by Packaging Material, 2019-2029
Table Latvia Savory Snacks Market by Distribution Channel, 2019-2029
Chart Latvia Savory Snacks Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Latvia Savory Snacks Market by Distribution Channel, 2019-2029
Table Latvia Savory Snacks Market Share (%), by Companies, 2019-2023
Chart Latvia Savory Snacks Market, by Companies, 2023
Table Latvia Savory Snacks Market Share (%), by Brands, 2019-2023
Chart Latvia Savory Snacks 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 Savory Snacks Market: Spend as a Proportion of GDP (%)
Table Latvia Savory Snacks Market: Consumption per Capita (Population)
Companies Mentioned
Pernes L LTD
PepsiCo, Inc.
Paulig AB
Orkla ASA
Latteps Food SIA
Lantmannen ek for
Intersnack Group GmbH & Co. KG
Gemoss SIA
Baltās Naktis SIA
Arimex UAB
Alis Co, SIA