While there will be some recovery over the forecast period, as prices in particular of chocolate coated biscuits stabilise, constant value and volume growth will be minimal. Sweet biscuits in particular are a mature product and there is little room for further room.
Players will work hard to hold on to value share. Orkla will prioritise ingredients and quality in order to remain competitive.
As consumers become more health conscious, this will also dampen volume sales. This is already being seen with the brand Selga, which is now focusing on savoury biscuits.
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Understand the latest market trends and future growth opportunities for the Sweet Biscuits, Snack Bars and Fruit Snacks industry in Latvia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
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Sweet Biscuits, Snack Bars and Fruit Snacks
This is the aggregation of sweet biscuits, snack bars, and fruit snacks.
See all of our definitionsThis report originates from Passport, our Sweet Biscuits, Snack Bars and Fruit Snacks research and analysis database.
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