Latvia Milk Market 2025

Incremental growth of USD 26.9 million is anticipated in the Latvia milk market, which will expand at a CAGR of approximately 2.3% over the forecast period spanning 2025 to 2030. The Latvia milk market is primarily driven by a strong consumer preference for locally produced and high-quality dairy products, which is deeply rooted in the country’s agricultural traditions. Latvian consumers are increasingly opting for organic and natural milk options, reflecting a growing awareness of health and wellness trends. Additionally, the market is supported by government initiatives that promote sustainable farming practices and provide support to local dairy farmers, ensuring a stable supply of fresh milk. The expansion of modern retail channels, coupled with the rise of e-commerce, is also enhancing market accessibility, allowing consumers greater access to a variety of milk products that meet their evolving preferences.

This report presents a detailed analysis of the Latvia milk market, offering six years of historical market size data and growth trends, as well as forward-looking estimates through 2030. It explores category-specific and subcategory dynamics, with a sharp focus on developments across product and distribution channel.

Market Segmentation

The Latvia milk market is structured as follows:
Product: cow’s milk (fresh milk, shelf-stable milk), flavoured milk drinks, goat milk, plant-based milk, powdered milk
Distribution channel: convenience stores, supermarkets and hypermarkets, small grocery stores, foodservice channels, e-commerce, others

In Latvia, the milk market is segmented by product and distribution channel. By product, the market includes cow’s milk (fresh milk, shelf-stable milk), flavoured milk drinks, goat milk, plant-based milk, and powdered milk. Distribution channel segments encompass convenience stores, supermarkets and hypermarkets, small grocery stores, foodservice channels, e-commerce, and others.

Competitive Landscape

Key players in the Latvia milk market include Valio Oy, Tukuma Piens AS, Tere AS, Spoldzielnia Mleczarska Mlekpol, Rigas Piena Kombinats AS, Pieno Zvaigzdes AB and Food Union Group. The report provides a detailed assessment of prominent companies within the milk market, tracking their performance from 2020 to 2024. Insights reveal fluctuations in market share, highlighting both veteran leaders and emerging players.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Latvia milk market.
Gain in-depth analysis and forecasts for the key segments of the Latvia milk market: product and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Latvia milk market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Latvia milk market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents

TABLE OF CONTENTS
Key Findings
Market Segmentation
Market Overview
Latvia Milk Market – Product Analysis
Latvia Milk Market – Distribution Channel Analysis
Company Shares Analysis
Valio Oy
Tukuma Piens AS
Tere AS
Spoldzielnia Mleczarska Mlekpol
Rigas Piena Kombinats AS
Pieno Zvaigzdes AB
Food Union Group
Macroeconomic Data and Forecast
Research Methodology
Disclaimer

FIGURES AND TABLES
Table Latvia Milk Market 2020-2030
Chart Latvia Milk Market, Net Growth, 2020-2030
Chart Latvia Milk Market, Growth Rates, 2020-2030
Table Latvia Milk Market by Product, 2020-2030
Chart Latvia Milk Market by Product, CAGR Historic and Forecast, 2020-2030
Chart Latvia Milk Market by Product, 2020-2030
Table Latvia Milk Market by Distribution Channel, 2020-2030
Chart Latvia Milk Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Latvia Milk Market by Distribution Channel, 2020-2030
Table Latvia Milk Market Share (%), by Companies, 2020-2024
Chart Latvia Milk Market, by Companies, 2024
Table Latvia Milk Market Share (%), by Brands, 2020-2024
Chart Latvia Milk Market, by Brands, 2024
Table Latvia – Population (Millions) and Forecast
Table Latvia – Consumer Price Index (CPI) and Forecast
Table Latvia – Gross Domestic Product and Forecast
Table Latvia Milk Market: Spend as a Proportion of GDP (%)
Table Latvia Milk Market: Consumption per Capita (Population)

Companies Mentioned

Valio Oy
Tukuma Piens AS
Tere AS
Spoldzielnia Mleczarska Mlekpol
Rigas Piena Kombinats AS
Pieno Zvaigzdes AB
Food Union Group