Yoghurt and sour milk product will register minimal constant value and volume growth over the forecast period in what is a mature product area. A declining population will also dampen volume sales.
Plain yoghurt will register higher volume growth than flavoured yoghurt over the forecast period, as its healthier positioning increasingly appeals to consumers. In particular, high protein Greek yoghurt will perform well, as the trend for protein continues, especially among fitness enthusiasts.
Yoghurt and sour milk products will continue to be dominated by local producers in the foreseeable future. The clear leader, Tukuma Piens with its Baltais brand, will maintain its top spot due to its longstanding reputation of providing high-quality goods at an affordable price.
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Understand the latest market trends and future growth opportunities for the Yoghurt and Sour Milk Products 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 a comprehensive range of core packaged food categories.
If you're in the Yoghurt and Sour Milk Products 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.
This is the aggregation of sour milk products and yoghurt. Note: Plant-based yoghurt and sour milk products should be excluded from this category and tracked under plant-based yoghurt.
See all of our definitionsThis report originates from Passport, our Yoghurt and Sour Milk Products research and analysis database.
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