Free Submission Public Relations & NewsPR-inside.com
Home
Deutsch English

Food

Now Available: Latvia Food & Drink Report 2014


Print article Print article
2013-12-29 19:58:05 - New Food market report from Business Monitor International: "Latvia Food & Drink Report 2014"

We remain relatively sanguine about the near-term consumer outlook in Latvia and believe that the improving economic outlook could entice back some of the estimated 12% of the population that has emigrated over the past decade, creating upside risks to our forecasts. However, falling population numbers still mean subdued longer-term commercial prospects.

Headline Industry Data (local currency)

* 2014 per capita food consumption: +3.2%; forecast compound annual growth rate (CAGR) to 2017: +3.2%
* 2014 alcoholic drinks sales: -0.3%; forecast CAGR to 2017: +3.0%
* 2014 soft drinks sales: +3.3%; forecast CAGR to 2017: +3.2%
* 2014 mass grocery retail sales: +12.2%; forecast CAGR to 2017: +4.6%

Key Company Trends

Second Latvian Company Enters New Export Markets: Following reports that Rujienas saldejums had

started exporting ice cream products to the US, the Baltic News Network reported in May 2013 that competitor Balbiino has started exporting iced yoghurt and sorbet to Russia. This follows Balbiino's entry into the Danish market at the beginning of 2013 and has been made possible by the company's success with Boost juice bars in Estonia and Germany. Rujienas saldejums began exporting to the US in September 2012, and while volumes are currently minimal, the company plans to increase them over time. The company is also aiming to increase its existing exports to Scandinavian countries.

Full Report Details at
- www.fastmr.com/prod/754593_latvia_food_drink_report_2014.aspx

Latvian Spirits Producer Largest Player In Food And Drink Sector: Latvijas Balzams, which registered 2012 turnover of LVL70mn was listed in the November 2013 Latvian Business Report as the country's largest food and drink company. Its closest rivals are Dobeles Dzirnavnieks, a flour producer with 2012 turnover of LVL62.3mn, and Rigas Piena Kombinats, a dairy company with turnover of LVL57.1mn.

Key Risks To OutlookElevated Economic, Political And Social Risks: The threat of a sharp deterioration in the eurozone - either due to a member state leaving or an increasing reluctance among the eurozone 'core' to continue funding the 'periphery' states - remains omnipresent and represents the single largest threat to Latvia's growth outlook. However, we expect that domestic dynamics - namely fiscal austerities that are partly to blame for elevated structural unemployment - will also restrain growth to some extent, while presenting additional challenges to the country's political stability and social cohesion.

Partial Table of Contents:

BMI Industry View
SWOT
- Food
- Drink
- Mass Grocery Retail
Industry Forecast
- Consumer Outlook
- Food
- Food Consumption
- Table: Food Consumption Indicators - Historical Data & Forecasts, 2010-2017
- Confectionery
- Table: Confectionery Value/Volume Sales - Historical Data & Forecasts, 2010-2017
- Canned Food
- Table: Canned Food Value/Volume Sales - Historical Data & Forecasts, 2010-2017
- Meat
- Table: Meat Volume Sales, Production & Trade - Historical Data & Forecasts, 2010-2017
- Snack Food
- Table: Snack Foods Volume Sales, Production & Trade - Historical Data & Forecasts, 2010-2017
- Pasta
- Table: Pasta Volume Sales, Production & Trade - Historical Data & Forecasts, 2010-2017
- Dairy
- Table: Dairy Volume Sales, Production & Trade - Historical Data & Forecasts, 2010-2017
- Drink
- Alcoholic Drinks
- Table: Alcoholic Drinks Value/Volume Sales - Historical Data & Forecasts, 2010-2017
- Soft Drinks
- Table: Soft Drinks Value/Volume Sales - Historical Data & Forecasts, 2010-2017
- Hot Drinks
- Table: Hot Drinks Value/Volume Sales - Historical Data & Forecasts, 2010-2017
- Mass Grocery Retail
- Table: Mass Grocery Retail Sales - Historical Data & Forecasts, 2010-2017
- Table: Grocery Retail Sales By Format
- Trade
- Table: Food & Drink Trade Indicators - Historical Data & Forecasts, 2010-2017
Macroeconomic Forecast
- Real GDP By Expenditure Breakdown
- Risks To Outlook
- Table: Latvia - GDP By Expenditure
Industry Risk Reward Ratings
- Central And Eastern Europe Risk/Reward Ratings
- Table: Central & Eastern Europe Food & Drink Risk/Reward Ratings Q114
- Table: Central & Eastern Europe Food & Drink Risk/Reward Sub-Factor Ratings Q114 (scores out of 10)
- Latvia Risk/Reward Ratings
Market Overview
- Food
- Food Consumption
- Food Processing
- Leading Food Producers
- Confectionery
- Trade
- Agriculture
- Drink
- Alcoholic Drinks
- Soft Drinks
- Hot Drinks
- Mass Grocery Retail
- Table: Structure Of Mass Grocery Retail Market By Number Of Outlets
- Table: Structure Of Mass Grocery Retail Market - Sales Value By Format
- Table: Average Annual Sales Per Outlet By Format, 2012
Industry Trends And Developments
- Food
- Drink
- Mass Grocery Retail
Competitive Landscape
- Table: Key Players In Latvia's Food & Drink Sector
- Table: Key Players In Latvia's Mass Grocery Retail Sector
Company Profile
- Paulig Baltic
- Laima
- Margota
- Rigas Piena Kombinats
- Livu Alus
- Aldaris
- Cesu Alus
- Cido Grupa
- Latvijas balzams
- Maxima LT
- Rimi Baltic
- Elvi
Global Industry Overview
- Table: Food And Drink Core Views
Demographic Forecast
- Table: Latvia's Population By Age Group, 1990-2020 ('000)
- Table: Latvia's Population By Age Group, 1990-2020 (% of total)
- Table: Latvia's Key Population Ratios, 1990-2020
- Table: Latvia's Rural And Urban Population, 1990-2020
Glossary
- Food & Drink
- Mass Grocery Retail
Methodology
- Industry Forecast Methodology

Full Table of Contents is available at:
-- www.fastmr.com/catalog/product.aspx?productid=754593&dt=t

About Business Monitor International

Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at www.fastmr.com/catalog/publishers.aspx?pubid=1010

About Fast Market Research

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

For more information about these or related research reports, please visit our website at www.fastmr.com or call us at 1.800.844.8156.


Author:
Bill Thompson
e-mail
Web: www.fastmr.com
Phone: 18008448156

Disclaimer: If you have any questions regarding information in these press releases please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims contents contained in this release.
Latest News
Read the Latest News
www.newsenvoy.com

 


Terms & Conditions | Privacy | About us | Contact PR-inside.com