COMPETITIVE LANDSCAPE
Associated Oil Packers’ lead supported by strong demand from price-sensitive consumers
Associated Oil Packers bvba, which is part of the global Cargill Inc, is the largest player in edible oils in Latvia in 2025, offering a variety of vegetable oils. The company focuses primarily on lower-priced staple products, which generate substantial sales volumes across the major retailers.
Dynamic Medsol Srl appeals to a broad consumer base
Medsol Srl, meanwhile, is the fastest-growing company in 2025, driven by the popularity of its Luglio olive oil. The company maintains a well-balanced product portfolio that includes both pomace olive oil and more affordable regular olive oil, allowing it to appeal to a broad consumer base.
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Overview:
Understand the latest market trends and future growth opportunities for the Edible Oils 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 Edible Oils 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 Edible Oils 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 Edible Oils in Latvia?
- Which are the leading brands in Edible Oils in Latvia?
- How are products distributed in Edible Oils 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 Edible Oils?
- 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?
Edible Oils in Latvia - Category analysis
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
Cooking Ingredients and Meals in Latvia - Industry Overview
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
The following categories and subcategories are included:
Edible Oils
- Olive Oil
- Corn Oil
- Palm Oil
- Rapeseed Oil
- Soy Oil
- Sunflower Oil
- Other Edible Oil
Edible Oils
This is the aggregation of olive oil and vegetable and seed oil (which comprises of corn oil, palm oil, rapeseed oil, soy oil, sunflower oil, and other edible oil). Please note blended oil that contain over 50% of one type of oil are categorised in that category, e.g. blended oil with 60% soy oil is categorised in soy oil; whereas blended oils with less than 50% of a specific type of oil are categorised in other edible oil. Includes: Pre-packaged edible oils products purchased by consumers through legally established retail channels. Excludes: Unpackaged/bulk oils, i.e. instances where consumers bring an empty container or plastic bag to be (re)filled with cooking oil. Example: Minyak curah in Indonesia.
See all of our definitionsWhy 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 Edible Oils research and analysis database.
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