Latvia Food & Drink 2019
We hold a broadly positive outlook for Latvia's food and drink sector over the coming years, amid solid economicgrowth and low unemployment, which is driving household incomes higher. This will boost prospects for premium food categoriesthat are aligned with emerging healthy eating and convenience trends (e.g. on-the-go fruit juices and snack bars, yoghurt and othervalue-added dairy products). The alcoholic drinks market will remain the underperformer - specifically beer, as weak demographics(small, ageing population) and rising costs (rising barley and fuel prices) are likely to weigh on growth and profitability in 2019.
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