Global Baked Goods in Latvia Market Statistics, Development and Growth for 2020

Growth is retail current value sales of baked goods slowed slightly during 2020. Growth in retail current value sales of unpackaged pastries saw the most significant slowdown, with a reduction in impulse purchases due to COVID-19 restrictions on movement playing a role in this. Meanwhile, the fear of contagion is leading some consumers to switch from unpackaged pastries – which account for the bulk of retail current value sales in pastries – to packaged pastries, with growth in retail current va…

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Euromonitor International’s Baked Goods 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 2015-2019, 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 2024 illustrate how the market is set to change.

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Product coverage: Bread, Cakes, Dessert Mixes, Frozen Baked Goods, Pastries.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

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Why buy this report?
* Get a detailed picture of the Baked Goods 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.

Euromonitor International has over 40 years’ experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Table of Content

KEY DATA FINDINGS
2020 IMPACT
Retail current value sales growth exhibits modest slowdown, with COVID-19 leading some to switch from unpackaged to packaged products

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COVID-19 drives shift from foodservice to retail channel
Wider availability of artisanal products puts leader players under pressure
RECOVERY AND OPPORTUNITIES

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Value-added products will drive an acceleration in retail current value sales growth
Shrinking households to continue to drive shrinking pack sizes
The arrival of Lidl will rachet up the pressure on brands

… continued

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