Latvia Soft Drinks Market 2025

The Latvia soft drinks market is on track for incremental growth of USD 74.8 million, corresponding to a CAGR of nearly 2.8% throughout the forecast period of 2025 to 2030. Latvia’s soft drinks industry is growing, supported by a health-conscious shift towards bottled water and natural juices. Increasing environmental awareness is prompting demand for sustainable packaging and locally produced beverages. The emergence of craft and premium segments is also enriching product diversity.

This report delivers a deep dive into the Latvia soft drinks market, combining historical performance data from 2020 to 2024 with forward-looking projections through 2030. It uncovers critical insights into market size, growth rates, and key trends, providing a clear view of the industry’s evolution. By breaking down the market across product type, type, packaging and distribution channel, the report identifies actionable opportunities for stakeholders to drive growth and outperform competitors.

Market Segmentation

The segmentation of the Latvia soft drinks market is outlined below:
Product type: bottled water, carbonated soft drinks, concentrates, juices, RTD coffee, RTD tea, energy drinks, sports drinks
Type: regular, low- and no-sugar soft drinks
Packaging: flexible packaging, glass bottles, liquid cartons, metal cans, plastic bottles, others
Distribution channel: convenience stores, discounters, e-commerce, food and drinks stores, forecourts, hypermarkets, small grocery stores, supermarkets, vending, others

The soft drinks market in Latvia is segmented based on product type, type, packaging and distribution channel. By product type, the market includes bottled water, carbonated soft drinks, concentrates, juices, RTD coffee, RTD tea, energy drinks, and sports drinks. Type segmentation includes regular, and low- and no-sugar soft drinks. Packaging segments cover flexible packaging, glass bottles, liquid cartons, metal cans, plastic bottles, and others. Distribution channel segmentation comprises convenience stores, discounters, e-commerce, food and drinks stores, forecourts, hypermarkets, small grocery stores, supermarkets, vending, and others.

Competitive Landscape

The soft drinks market is highly competitive, with key companies profiled in this report, including BĀTAS AVOTS SIA, Birstono Mineraliniai Vandenys Ir Ko UAB, Carlsberg A/S, Danone S.A., Grupa Maspex Wadowice, IDS Borjomi OOO, ILGEZEEM SIA, Livonia SIA, Markol SIA (Zakumuiza), Monster Beverage Corporation, Olvi Oyj, Orkla ASA, Oshee Polska Sp. z o.o., PepsiCo Inc., Primo Water Corporation, Red Bull GmbH, Royal Unibrew A/S, SIA Puratos Group, SIA SIMEKS, The Coca-Cola Company, The Eckes-Granini Group GmbH and VENDEN SIA.

This report presents an extensive analysis of major entities in the soft drinks market, focusing on their performance from 2020 to 2024. Findings showcase changes in market share, recognizing both long-standing leaders and new challengers.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Latvia soft drinks market.
Gain in-depth analysis and forecasts for the key segments of the Latvia soft drinks market: product type, type, packaging 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 soft drinks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Latvia soft 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
Market Segmentation
Market Overview
Latvia Soft Drinks Market – Product Type Analysis
Latvia Soft Drinks Market – Type Analysis
Latvia Soft Drinks Market – Packaging Analysis
Latvia Soft Drinks Market – Distribution Channel Analysis
Company Shares Analysis
BĀTAS AVOTS SIA
Birstono Mineraliniai Vandenys Ir Ko, UAB
Carlsberg A/S
Danone S.A.
Grupa Maspex Wadowice
IDS Borjomi, OOO
ILGEZEEM, SIA
Livonia , SIA
Markol, SIA (Zakumuiza)
…
Macroeconomic Data and Forecast
Research Methodology
Disclaimer

FIGURES AND TABLES
Table Latvia Soft Drinks Market 2020-2030
Chart Latvia Soft Drinks Market, Net Growth, 2020-2030
Chart Latvia Soft Drinks Market, Growth Rates, 2020-2030
Table Latvia Soft Drinks Market by Product Type, 2020-2030
Chart Latvia Soft Drinks Market by Product Type, CAGR Historic and Forecast, 2020-2030
Chart Latvia Soft Drinks Market by Product Type, 2020-2030
Table Latvia Soft Drinks Market by Type, 2020-2030
Chart Latvia Soft Drinks Market by Type, CAGR Historic and Forecast, 2020-2030
Chart Latvia Soft Drinks Market by Type, 2020-2030
Table Latvia Soft Drinks Market by Packaging, 2020-2030
Chart Latvia Soft Drinks Market by Packaging, CAGR Historic and Forecast, 2020-2030
Chart Latvia Soft Drinks Market by Packaging, 2020-2030
Table Latvia Soft Drinks Market by Distribution Channel, 2020-2030
Chart Latvia Soft Drinks Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Latvia Soft Drinks Market by Distribution Channel, 2020-2030
Table Latvia Soft Drinks Market Share (%), by Companies, 2020-2024
Chart Latvia Soft Drinks Market, by Companies, 2024
Table Latvia Soft Drinks Market Share (%), by Brands, 2020-2024
Chart Latvia Soft Drinks Market, by Brands, 2024
Table Latvia – Population (Millions) and Forecast
Table Latvia – Consumer Price Index (CPI) and Forecast
Table Latvia – Gross Domestic Product and Forecast
Table Latvia Soft Drinks Market: Spend as a Proportion of GDP (%)
Table Latvia Soft Drinks Market: Consumption per Capita (Population)

Companies Mentioned

BĀTAS AVOTS SIA
Birstono Mineraliniai Vandenys Ir Ko, UAB
Carlsberg A/S
Danone S.A.
Grupa Maspex Wadowice
IDS Borjomi, OOO
ILGEZEEM, SIA
Livonia , SIA
Markol, SIA (Zakumuiza)
Monster Beverage Corporation
Olvi Oyj
Orkla ASA
Oshee Polska Sp. z o.o.
PepsiCo, Inc.
Primo Water Corporation
Red Bull GmbH
Royal Unibrew A/S
SIA Puratos Group
SIA SIMEKS
The Coca-Cola Company
The Eckes-Granini Group GmbH
VENDEN, SIA