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Meals and Soups in Latvia

Publisher Euromonitor International
Published Nov 10, 2025
Length 19 Pages
SKU # EP20589537

Description

While Latvian consumers value convenience, home-cooked meals remain far more popular, limiting the growth potential of ready meals and soups. Economic factors, particularly concerns about purchasing power, also constrain a sharper rise in demand.

Euromonitor International's Meals and Soups in Latvia report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2020-2024, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are currently shaping the market along with prospects for the next five years, clearly indicating how the market is expected to change.

Product coverage: Food Kits, Pizza, Prepared Salads, Ready Meals, Soup.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Meals and Soups market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

19 Pages
Meals and Soups in Latvia
Euromonitor International
November 2025
List Of Contents And Tables
MEALS AND SOUPS IN LATVIA
KEY DATA FINDINGS
2025 DEVELOPMENTS
Most prefer home cooking, particularly given pressure on home budgets
INDUSTRY PERFORMANCE
Demand impacted by economic uncertainty and home cooking
Shelf stable soup appeals to a broad consumer base
WHAT’S NEXT?
Ongoing economic uncertainty will continue to limit demand
Health and wellness concerns further constrain category expansion
COMPETITIVE LANDSCAPE
Nestlé leads with its flagship Maggi brand
CHANNELS
Convenience retailers attract consumers looking for a quick meal solution
Lidl offers private label and a wide selection of prepared salads
CATEGORY DATA
Table 1 Sales of Meals and Soups by Category: Volume 2020-2025
Table 2 Sales of Meals and Soups by Category: Value 2020-2025
Table 3 Sales of Meals and Soups by Category: % Volume Growth 2020-2025
Table 4 Sales of Meals and Soups by Category: % Value Growth 2020-2025
Table 5 NBO Company Shares of Meals and Soups: % Value 2021-2025
Table 6 LBN Brand Shares of Meals and Soups: % Value 2022-2025
Table 7 Distribution of Meals and Soups by Format: % Value 2020-2025
Table 8 Forecast Sales of Meals and Soups by Category: Volume 2025-2030
Table 9 Forecast Sales of Meals and Soups by Category: Value 2025-2030
Table 10 Forecast Sales of Meals and Soups by Category: % Volume Growth 2025-2030
Table 11 Forecast Sales of Meals and Soups by Category: % Value Growth 2025-2030
COUNTRY REPORTS DISCLAIMER
COOKING INGREDIENTS AND MEALS IN LATVIA
EXECUTIVE SUMMARY
Greater stability as price fluctuations ease
KEY DATA FINDINGS
INDUSTRY PERFORMANCE
Olive oil benefits from falling prices
Global cocoa price fluctuations impact chocolate spread
Impact of a cold summer
WHAT’S NEXT?
Stagnating sales of a mature market
Private label growth
Better future for barbecue-related products
COMPETITIVE LANDSCAPE
Orkla Food Latvija leads with its flagship Spilva brand
Medsol Srl’s dynamic growth supported by rising olive oil demand
CHANNELS
Convenience stores and supermarkets lead
Discounters’ growth driven by the ongoing expansion of Lidl
E-commerce’s development constrained by a lack of investment
MARKET DATA
Table 12 Sales of Cooking Ingredients and Meals by Category: Volume 2020-2025
Table 13 Sales of Cooking Ingredients and Meals by Category: Value 2020-2025
Table 14 Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2020-2025
Table 15 Sales of Cooking Ingredients and Meals by Category: % Value Growth 2020-2025
Table 16 NBO Company Shares of Cooking Ingredients and Meals: % Value 2021-2025
Table 17 LBN Brand Shares of Cooking Ingredients and Meals: % Value 2022-2025
Table 18 Penetration of Private Label by Category: % Value 2020-2025
Table 19 Distribution of Cooking Ingredients and Meals by Format: % Value 2020-2025
Table 20 Forecast Sales of Cooking Ingredients and Meals by Category: Volume 2025-2030
Table 21 Forecast Sales of Cooking Ingredients and Meals by Category: Value 2025-2030
Table 22 Forecast Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2025-2030
Table 23 Forecast Sales of Cooking Ingredients and Meals by Category: % Value Growth 2025-2030
COUNTRY REPORTS DISCLAIMER
SOURCES
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