Challenging year for soft drinks
Latvia’s soft drinks industry is facing multiple challenges. Cold summer weather has impacted demand across both retail and foodservice channels, while juice sales remain constrained by global supply challenges. Added-value categories - especially energy drinks – are gaining momentum, supported by innovation by leading players. Looking forward, upcoming excise changes and rising consumer health concerns are set to redirect preferences towards lower-sugar options.
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Overview:
Understand the latest market trends and future growth opportunities for the Soft 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.
Data and analysis in this report provides further detailed coverage dedicated to the following key categories, where applicable:
- Bottled Water
- Carbonates
- Concentrates
- Juice
- RTD Coffee
- RTD Tea
- Energy Drinks
- Sports Drinks
- Asian Speciality Drinks
If you're in the Soft 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 Soft 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 Soft Drinks in Latvia?
- To what extent are health considerations impacting consumption of Soft Drinks in Latvia?
- How are changing social attitudes and legislation (eg sugar tax) reshaping demand and consumption?
- How are changing demographics (for example, an ageing or predominantly young population) determining consumption of Soft Drinks in Latvia?
- Which are the leading brands in Soft Drinks in Latvia?
- What potential exists for multinational or domestic soft drinks companies to expand in Latvia?
- How are products distributed in Soft Drinks in Latvia?
- How is the rise of e-commerce changing the retail and competitive landscape?
- How have home seclusion and social distancing measures following COVID-19 impacted sales of Soft Drinks?
- How are sustainability issues, such as environmentally-friendly packaging, legislation on recyclability, or the amount of plastic in bottles, impacting the soft drinks industry?
- Where is future growth expected to be most dynamic?
Soft Drinks in Latvia
Challenging year for soft drinks
KEY DATA FINDINGS
Cold summer temperatures impact demand
Energy drinks registers strong performance
Juice continues to struggle
Modest recovery for soft drinks
Added-value categories to drive future growth
Excise duty increase will reshape soft drinks market
Cido Grupa and Cola-Cola dominate sales
Aldaris AS leads growth with Vichy bottled water
Supermarkets remains largest channel
Discounters gains traction
E-commerce expands from low base
Foodservice vs retail split
COUNTRY REPORTS DISCLAIMER
Bottled Water in Latvia
KEY DATA FINDINGS
Cold summer temperatures impact demand
Sales plummet in 2025
Functional bottled water finds its niche
Muted outlook after short-term rebound
Functional water offers most growth potential
New excise tax could boost sales of still bottled water
Cido Grupa dominates sales
Aldaris AS leads growth with Vichy
Supermarkets dominates distribution
E-commerce shows greatest resilience
Carbonates in Latvia
KEY DATA FINDINGS
Shift towards lower-sugar offerings
Continued decline in carbonates
Reduced sugar cola carbonates show greatest resilience as health concerns accelerate
Carbonates set to stagnate as competition from other soft drinks and unfavourable demographic shifts weigh on growth
Players to scale back innovation
Excise duty increase will reshape carbonates
Coca-Cola HBC Latvia SIA dominates carbonates
Pepsi Cola General Bottlers sees fastest growth
Supermarkets leads the distribution landscape
Discounters shows greatest dynamism
Concentrates in Latvia
KEY DATA FINDINGS
Premium liquid concentrates drive consumer interest
Shift towards higher-quality concentrates
Liquid concentrates registers strongest performance
Liquid concentrates will continue to drive growth
Growing focus on premium offerings
Excise tax hike likely to impact sales of concentrates
Concentrates Conversions
Orkla leads fragmented landscape
Very Berry gains traction
Supermarkets is primary channel for concentrates
Discounters sees rising consumer adoption
Juice in Latvia
KEY DATA FINDINGS
Supply challenges constrain sales
Juice continues its downward trajectory
Not from concentrate 100% juice is most resilient category
Anticipated modest short-term recovery amid more gloomy long-term outlook
Limited innovation, with traditional flavours continuing to dominate
Forthcoming excise tax will impact sugary juices
Cido Grupa SIA leads in juice
Lidl’s Solevita drives fastest growth
Supermarkets dominates distribution
Discounters makes gains
RTD Coffee in Latvia
KEY DATA FINDINGS
RTD Coffee gains momentum
Healthy growth in 2025, despite seasonal fluctuations
RTD coffee still at early stage of development
Bright outlook for RTD coffee
Innovation in RTD coffee will reflect global trends
Excise tax hike likely to impact sales of regular RTD coffee
Ennstal Milch KG leads sales
Paulig’s Frezza sees fastest growth
Supermarkets holds top spot in RTD coffee retail
Discounters gains traction
RTD Tea in Latvia
KEY DATA FINDINGS
RTD tea faces ongoing challenges
RTD tea continues to lose ground
Reduced sugar offerings show greater resilience
RTD tea will register disappointing performance
Innovation, including health-focused offerings, will drive growth
Excise tax hike likely to impact sales of regular RTD tea
Coca-Cola leads with Fuze Tea
Rimi gains traction with private label offerings
Supermarkets retains leading position
Discounters continues to grow its share
Energy Drinks in Latvia
KEY DATA FINDINGS
Energy drinks sees rapid expansion
Buoyant performance for energy drinks
Reduced sugar variants lead growth
Energy drinks will continue to perform strongly
Innovation will drive growth
Excise tax hike likely to impact sales of regular energy drinks
Coca-Cola leads with Monster
Red Bull sets the pace with high-profile marketing activities
Supermarkets is primary channel for energy drinks
Discounters grows its footprint
Sports Drinks in Latvia
KEY DATA FINDINGS
Sluggish performance amid seasonal challenges
Unfavourable weather conditions place temporary halt on expansion
Reduced sugar offerings show greater resilience
Sports drinks poised for strong growth
Local brands will lean into digital marketing
Excise tax will impact sports drinks
Mega Baltic leads sports drinks
Cido Grupa gains traction with Mangali Active
Supermarkets remains largest channel
Discounters makes inroads in sports drinks
COUNTRY REPORTS DISCLAIMER
The following categories and subcategories are included:
Soft Drinks
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- Carbonated Natural Mineral Bottled Water
- Carbonated Spring Bottled Water
- Carbonated Purified Bottled Water
-
- Still Flavoured Bottled Water
- Sparkling Flavoured Bottled Water
- Functional Bottled Water
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- Still Natural Mineral Bottled Water
- Still Spring Bottled Water
- Still Purified Bottled Water
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- Regular Carbonates
- Reduced Sugar Carbonates
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- Regular Cola Carbonates
- Reduced Sugar Cola Carbonates
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- Regular Non-Cola Carbonates
- Reduced Sugar Non-Cola Carbonates
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- Regular Lemonade/Lime
- Reduced Sugar Lemonade/Lime
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- Regular Tonic Water/Mixers/Other Bitters
- Reduced Sugar Tonic Water/Mixers/Other Bitters
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- Regular Orange Carbonates
- Reduced Sugar Orange Carbonates
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- Regular Other Non-Cola Carbonates
- Reduced Sugar Other Non-Cola Carbonates
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- Liquid Concentrates
- Powder Concentrates
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- Not from Concentrate 100% Juice
- Reconstituted 100% Juice
- Coconut and Other Plant Waters
- Juice Drinks (up to 24% Juice)
- Nectars
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- RTD Coffee
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- Carbonated RTD Tea and Kombucha
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- Regular Still RTD Tea
- Reduced Sugar Still RTD Tea
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- Regular Energy Drinks
- Reduced Sugar Energy Drinks
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- Regular Sports Drinks
- Reduced Sugar Sports Drinks
- Asian Speciality Drinks
Soft Drinks
This is the aggregation of the following categories; Carbonates, Fruit/vegetable juice, Bottled water, Functional drinks, Concentrates, RTD tea, RTD coffee and Asian speciality drinks.
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This report originates from Passport, our Soft Drinks research and analysis database.
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