COMPETITIVE LANDSCAPE
Nestlé SA holds onto its lead amid competition from niche players
Nestlé SA is the leading player in hot drinks in hot drinks by value, supported by the dominant position of its Nesquik brand in flavoured powdered drinks. In smaller retail outlets, Nesquik is the only readily available option for consumers, reinforcing its strong market presence.
Mokate shows dynamism
Mokate SA is the fastest-growing company in other hot drinks, driven by its Mokate-branded chocolate-based flavoured powdered drink. Although its range in this category remains limited to a single product, the company benefits from strong brand recognition built through its broader specialisation in flavoured coffee mixes.
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Overview:
Understand the latest market trends and future growth opportunities for the Other Hot Drinks 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.
If you're in the Other Hot Drinks 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 Other Hot Drinks 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 Other Hot Drinks in Latvia?
- To what extent are health considerations impacting consumption of Other Hot Drinks in Latvia?
- What are the traditional preferences in Other Hot Drinks in Latvia? To what extent are these tastes changing amidst increasing international influence and the growth of chained cafés?
- How are changing demographics (for example, an ageing or predominantly young population) determining consumption of Other Hot Drinks in Latvia?
- Which are the leading brands in Other Hot Drinks in Latvia?
- How are products distributed in Other Hot Drinks in Latvia?
- How is the rise of e-commerce changing the retail and competitive landscape?
- Have home seclusion and social distancing measures following COVID-19 benefited sales of Other Hot Drinks?
- Where is future growth expected to be most dynamic?
Other Hot Drinks in Latvia - Category analysis
KEY DATA FINDINGS
Unfavourable demographics and health trends hinder consumption
Gloomy picture for other hot drinks
Chocolate-based offerings show greatest resilience
Other hot drinks faces stagnation amid limited consumer interest
Other plant-based hot drinks could offer growth potential
Innovation will be needed to sustain interest in chocolate-based drinks
Nestlé SA holds onto its lead amid competition from niche players
Mokate shows dynamism
Supermarkets dominate sales
Discounters and e-commerce gain traction
Hot Drinks in Latvia - Industry Overview
Limited potential for growth
KEY DATA FINDINGS
Limited scope for growth
Premiumisation is a key feature of coffee, alongside everyday low price strategies
Fruit/herbal offerings provide boost to tea sales
Limited growth prospects amid ongoing saturation
Coffee innovation to focus on pods and beans
Everyday low-price strategy could influence market dynamics
JDE retains its lead
Paulig strengthens presence in Latvia
Supermarkets remains leading channel
Discounters and e-commerce gain traction
Foodservice vs retail split
COUNTRY REPORTS DISCLAIMER
The following categories and subcategories are included:
Other Hot Drinks
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- Chocolate-based Flavoured Powder Drinks
- Malt-based Hot Drinks
- Non-Chocolate-based Flavoured Powder Drinks
- Other Plant-based Hot Drinks
Other Hot Drinks
This is the aggregation of Flavoured Powder Drinks and Other Plant-based Powder Drinks. Products can be served hot or cold, and can be mixed with water, milk, or other liquids. Bottled, ready-to-drink flavoured milk drinks are NOT included here and are included in Passport Packaged Food.
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 Other Hot Drinks research and analysis database.
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