In 2017, soup grew slowly as health trends became stronger and industrial soup is associated with poor health value and nutritional properties. Companies tried to stimulate the category with new premium launches that did not contain preservatives and/or were made from healthier ingredients. At the same time, the convenience of packaged soup products was appreciated amongst lower-income consumers, students and workers, such as those employed in the building industry, having limited options for a...
Euromonitor International’s Soup in Latvia report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2012-2016, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they new product developments, distribution or pricing issues. Forecasts to 2021 illustrate how the market is set to change.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Soup market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
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231 pages •
By Euromonitor International
• Nov 2017
While 2015 and 2016 were periods of general economic pessimism and downturn in Latvia, in 2017 the economic outlook brightened and many industries increased wage levels to attract employees. Despite warnings of a poor medium-term outlook, consumers increased their spending as soon as they saw increases in disposable incomes. Savings accumulation...