Processed Meat, Seafood and Alternatives To Meat in Latvia
Sales of processed meat, seafood and alternatives to meat exhibited positive growth in 2021, albeit at a lower rate than in 2020. Since the beginning of the COVID-19 pandemic, Latvians have been having their meals at home, boosting retail sales of processed meat, seafood and alternatives to meat. In 2021, with the reopening of foodservice establishments and consumers eating out more, retail sales of meat, seafood and alternatives to meat saw a normalisation.
Euromonitor International's Processed Meat, Seafood and Alternatives to Meat 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 2017-2021, 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 shaping the market in <|Year|> directly informs our forecasts to 2026, clearly indicating how the market is expected to change.
Product coverage: Meat and Seafood Substitutes, Processed Meat, Processed Seafood, Tofu and Derivatives.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Processed Meat, Seafood and Alternatives to Meat 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.
- Processed Meat, Seafood and Alternatives To Meat in Latvia
- Euromonitor International
- January 2022
- List Of Contents And Tables
- PROCESSED MEAT, SEAFOOD AND ALTERNATIVES TO MEAT IN LATVIA
- KEY DATA FINDINGS
- 2021 DEVELOPMENTS
- Reopening of foodservice establishments leads to a normalisation in demand for meat, seafood and alternatives to meat in 2021
- Growing health awareness and concerns about animal welfare and environmental issues boosts demand for meat and seafood substitutes whilst negatively affecting demand for processed meat
- With a growing network of retail outlets, meat processor Forevers SIA overtakes HKScan Latvia AS to assume leadership position
- PROSPECTS AND OPPORTUNITIES
- Post-pandemic hangover for retail current value sales growth will be short lived
- Meat substitutes set for strong growth in retail current value sales due to rising demand and a much broader product offer
- Increased retail competition will put downward pressure on pricing
- CATEGORY DATA
- Table 1 Sales of Processed Meat, Seafood and Alternatives to Meat by Category: Volume 2016-2021
- Table 2 Sales of Processed Meat, Seafood and Alternatives to Meat by Category: Value 2016-2021
- Table 3 Sales of Processed Meat, Seafood and Alternatives to Meat by Category: % Volume Growth 2016-2021
- Table 4 Sales of Processed Meat, Seafood and Alternatives to Meat by Category: % Value Growth 2016-2021
- Table 5 NBO Company Shares of Processed Meat, Seafood and Alternatives to Meat: % Value 2017-2021
- Table 6 LBN Brand Shares of Processed Meat, Seafood and Alternatives to Meat: % Value 2018-2021
- Table 7 Distribution of Processed Meat, Seafood and Alternatives to Meat by Format: % Value 2016-2021
- Table 8 Forecast Sales of Processed Meat, Seafood and Alternatives to Meat by Category: Volume 2021-2026
- Table 9 Forecast Sales of Processed Meat, Seafood and Alternatives to Meat by Category: Value 2021-2026
- STAPLE FOODS IN LATVIA
- EXECUTIVE SUMMARY
- Staple foods in 2021: The big picture
- Key trends in 2021
- Competitive Landscape
- Channel developments
- What next for staple foods?
- MARKET DATA
- Table 10 Sales of Staple Foods by Category: Volume 2016-2021
- Table 11 Sales of Staple Foods by Category: Value 2016-2021
- Table 12 Sales of Staple Foods by Category: % Volume Growth 2016-2021
- Table 13 Sales of Staple Foods by Category: % Value Growth 2016-2021
- Table 14 NBO Company Shares of Staple Foods: % Value 2017-2021
- Table 15 LBN Brand Shares of Staple Foods: % Value 2018-2021
- Table 16 Penetration of Private Label by Category: % Value 2016-2021
- Table 17 Distribution of Staple Foods by Format: % Value 2016-2021
- Table 18 Forecast Sales of Staple Foods by Category: Volume 2021-2026
- Table 19 Forecast Sales of Staple Foods by Category: Value 2021-2026
- Table 20 Forecast Sales of Staple Foods by Category: % Volume Growth 2021-2026
- Table 21 Forecast Sales of Staple Foods by Category: % Value Growth 2021-2026
- DISCLAIMER
- SOURCES
- Summary 1 Research Sources