Greater stability as price fluctuations ease
The overall performance of cooking ingredients and meals can be described as stable following the turbulent period of 2022-2024, when prices fluctuated significantly across various categories, including ready meals, sauces, and condiments. As a result, 2025 marks a return to a more balanced market environment.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the Cooking Ingredients and Meals industry in Latvia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Cooking Ingredients and Meals industry in Latvia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Cooking Ingredients and Meals in Latvia report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Cooking Ingredients and Meals in Latvia?
- Which are the leading brands in Cooking Ingredients and Meals in Latvia?
- How are products distributed in Cooking Ingredients and Meals in Latvia?
- How is the rise of e-commerce and/or the expansion of modern grocery retail impacting traditional retail?
- What are the key health and wellness concerns driving, or challenging, sales in Cooking Ingredients and Meals?
- How significant are vegan and vegetarian dietary requirements in determining sales growth in Latvia?
- How has COVID-19 impacted consumer demand? To what extent have lockdown, home seclusion and stockpiling boosted sales? Will the longer term economic repercussions of the pandemic stimulate or suppress future growth?
- Where is future growth expected to be most dynamic?
- How significant will values-based claims, such as sustainability and ethical labelling, be in supporting future growth and brand equity?
Cooking Ingredients and Meals in Latvia
Greater stability as price fluctuations ease
KEY DATA FINDINGS
Olive oil benefits from falling prices
Global cocoa price fluctuations impact chocolate spread
Impact of a cold summer
Stagnating sales of a mature market
Private label growth
Better future for barbecue-related products
Orkla Food Latvija leads with its flagship Spilva brand
Medsol Srl’s dynamic growth supported by rising olive oil demand
Convenience stores and supermarkets lead
Discounters’ growth driven by the ongoing expansion of Lidl
E-commerce’s development constrained by a lack of investment
COUNTRY REPORTS DISCLAIMER
Edible Oils in Latvia
KEY DATA FINDINGS
Olive oil benefits from greater affordability and healthy appeal
Declining prices support growth of niche olive oil in 2025
Vegetable oils continue to dominate
Stagnation due to market’s established nature
Olive oil perceived as a healthier choice
Associated Oil Packers’ lead supported by strong demand from price-sensitive consumers
Dynamic Medsol Srl appeals to a broad consumer base
Supermarkets lead, offering convenience and private label
Discounters’ growth driven by the ongoing expansion of Lidl
Meals and Soups in Latvia
KEY DATA FINDINGS
Most prefer home cooking, particularly given pressure on home budgets
Demand impacted by economic uncertainty and home cooking
Shelf stable soup appeals to a broad consumer base
Ongoing economic uncertainty will continue to limit demand
Health and wellness concerns further constrain category expansion
Nestlé leads with its flagship Maggi brand
Convenience retailers attract consumers looking for a quick meal solution
Lidl offers private label and a wide selection of prepared salads
Sauces, Dips and Condiments in Latvia
KEY DATA FINDINGS
Private label gains share thanks to retailers’ price competition
Unusually cold summer impacts sales of barbecue-related products
Recipe sauces maintain their growth momentum
Limited growth of a mature market
Health and wellness trend not expected to gain traction
Private label to gain momentum
Leading Orkla Foods maintains a strong position in categories that are central to Latvian cuisine
Rimi Latvia benefits from the rising popularity of private label
E-commerce has yet to gain significant ground
Lidl’s expansion drives growth of discounters
Sweet Spreads in Latvia
KEY DATA FINDINGS
Private label ranges attract cost-conscious consumers
Growth remains moderate in 2025
Global cocoa prices drive value growth of chocolate spreads
Peanut butter remains niche
Further private label expansion as consumers demand value and quality
Challenge of health and wellness concerns
Possible introduction of sugar tax on food products
Fragmented competitive landscape in 2025
Puratos leads, while Eugesta & Partneri sees the fastest growth
Supermarkets lead sales thanks to their extensive geographical coverage
Lidl’s expansion fuels dynamic growth of discounters
COUNTRY REPORTS DISCLAIMER
The following categories and subcategories are included:
Cooking Ingredients and Meals
-
- Olive Oil
- Corn Oil
- Palm Oil
- Rapeseed Oil
- Soy Oil
- Sunflower Oil
- Other Edible Oil
-
-
- Dried Ready Meals
- Shelf Stable Ready Meals
- Chilled Ready Meals
- Frozen Ready Meals
-
- Dry Soup
- Shelf Stable Soup
- Chilled Soup
- Frozen Soup
-
- Chilled Pizza
- Frozen Pizza
-
- Meal Kits
- Quick Recipe Kits
- Chilled Lunch Kits
- Prepared Salads
-
-
-
-
- Liquid Stocks and Fonds
- Stock Cubes and Powders
- Gravy Cubes, Powders and Pots
- Monosodium Glutamate
- Herbs and Spices
- Tomato Pastes and Purées
-
-
-
- Liquid Recipe Sauces (excl pasta sauces)
- Dry Recipe Sauces
- Pasta Sauces
-
- Barbecue Sauces
- Fish Sauces
- Ketchup
- Mayonnaise
- Mustard
- Oyster Sauces
- Salad Dressings
- Soy Sauces
- Chili Sauces
-
- Dips
- Yeast-based Spreads
- Pickled Products
- Other Sauces and Condiments
-
-
- Honey
- Chocolate Spreads
- Jams and Preserves
- Nut and Seed Based Spreads
Why buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Cooking Ingredients and Meals research and analysis database.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!