There will be further decline for chocolate-based flavoured powder drinks over the forecast period. These drinks are mainly consumed by children, but parents try to discourage consumption, due to the high sugar content.
There will be growing interest in other plant-based hot drinks that have strong health and wellness messaging and there is potential for brands to tap into this niche segment of health-focused hot drinks.
Over the forecast period, increasing consumer health awareness and in particular concern around the high sugar content of chocolate-based flavoured powder drinks will dampen volume sales. For such drinks to have a longer-term future, more differentiation is needed, including widening the consumer base, to also attract more adults.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
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.
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 definitionsThis report originates from Passport, our Other Hot Drinks research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!