Latvia Soft Drinks Market 2025

An incremental growth of USD 74.8 million is forecasted for the Latvia soft drinks market, which is likely to experience a CAGR of roughly 2.8% between 2025 and 2030. Latvia’s soft drinks market is benefiting from an expanding middle class and rising urbanization. The demand for carbonated drinks, fruit juices, and bottled water is on the rise, with consumers increasingly willing to spend on premium beverage options. Health trends are also shaping the market, with more consumers seeking low-sugar, sugar-free, and functional drinks, such as vitamin-enhanced waters and energy drinks. Additionally, sustainability concerns are influencing consumer choices, leading to greater interest in eco-friendly packaging and natural ingredients.

This report delivers a comprehensive analysis and forward-looking perspective on the Latvia soft drinks market, spanning historical data from 2020 to 2024 and market projections through 2030. By examining market size, growth rates, and segmented insights, the report highlights the dynamic shifts and emerging trends shaping the industry. It provides a granular breakdown across key dimensions, including product type, type, packaging and distribution channel, offering stakeholders a detailed roadmap for strategic decision-making.

Market Segmentation

The Latvia soft drinks market is classified into the following segments:
Product type: bottled water, carbonated soft drinks, concentrates, juices, RTD coffee, RTD tea, energy drinks, sports drinks
Type: regular, low- and no-sugar soft drinks
Packaging: flexible packaging, glass bottles, liquid cartons, metal cans, plastic bottles, others
Distribution channel: convenience stores, discounters, e-commerce, food and drinks stores, forecourts, hypermarkets, small grocery stores, supermarkets, vending, others

The segmentation of the Latvia soft drinks market product type, type, packaging and distribution channel. By product type, it includes bottled water, carbonated soft drinks, concentrates, juices, RTD coffee, RTD tea, energy drinks, and sports drinks. Type segments encompass regular, and low- and no-sugar soft drinks. Packaging segments comprise flexible packaging, glass bottles, liquid cartons, metal cans, plastic bottles, and others. Distribution channel segmentation comprises convenience stores, discounters, e-commerce, food and drinks stores, forecourts, hypermarkets, small grocery stores, supermarkets, vending, and others.

Competitive Landscape

The soft drinks market remains highly competitive, with major players including BĀTAS AVOTS SIA, Birstono Mineraliniai Vandenys Ir Ko UAB, Carlsberg A/S, Danone S.A., Grupa Maspex Wadowice, IDS Borjomi OOO, ILGEZEEM SIA, Livonia SIA, Markol SIA (Zakumuiza), Monster Beverage Corporation, Olvi Oyj, Orkla ASA, Oshee Polska Sp. z o.o., PepsiCo Inc., Primo Water Corporation, Red Bull GmbH, Royal Unibrew A/S, SIA Puratos Group, SIA SIMEKS, The Coca-Cola Company, The Eckes-Granini Group GmbH and VENDEN SIA.

This analysis offers a comprehensive overview of the main players in the soft drinks market, evaluating their performance trends from 2020 to 2024. Key findings illustrate shifts in market share, identifying both dominant firms and rising competitors.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Latvia soft drinks market.
Gain in-depth analysis and forecasts for the key segments of the Latvia soft drinks market: product type, type, packaging 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 soft drinks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Latvia soft drinks 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 Soft Drinks Market – Product Type Analysis
Latvia Soft Drinks Market – Type Analysis
Latvia Soft Drinks Market – Packaging Analysis
Latvia Soft Drinks Market – Distribution Channel Analysis
Company Shares Analysis
BĀTAS AVOTS SIA
Birstono Mineraliniai Vandenys Ir Ko, UAB
Carlsberg A/S
Danone S.A.
Grupa Maspex Wadowice
IDS Borjomi, OOO
ILGEZEEM, SIA
Livonia , SIA
Markol, SIA (Zakumuiza)
…
Macroeconomic Data and Forecast
Research Methodology
Disclaimer

FIGURES AND TABLES
Table Latvia Soft Drinks Market 2020-2030
Chart Latvia Soft Drinks Market, Net Growth, 2020-2030
Chart Latvia Soft Drinks Market, Growth Rates, 2020-2030
Table Latvia Soft Drinks Market by Product Type, 2020-2030
Chart Latvia Soft Drinks Market by Product Type, CAGR Historic and Forecast, 2020-2030
Chart Latvia Soft Drinks Market by Product Type, 2020-2030
Table Latvia Soft Drinks Market by Type, 2020-2030
Chart Latvia Soft Drinks Market by Type, CAGR Historic and Forecast, 2020-2030
Chart Latvia Soft Drinks Market by Type, 2020-2030
Table Latvia Soft Drinks Market by Packaging, 2020-2030
Chart Latvia Soft Drinks Market by Packaging, CAGR Historic and Forecast, 2020-2030
Chart Latvia Soft Drinks Market by Packaging, 2020-2030
Table Latvia Soft Drinks Market by Distribution Channel, 2020-2030
Chart Latvia Soft Drinks Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Latvia Soft Drinks Market by Distribution Channel, 2020-2030
Table Latvia Soft Drinks Market Share (%), by Companies, 2020-2024
Chart Latvia Soft Drinks Market, by Companies, 2024
Table Latvia Soft Drinks Market Share (%), by Brands, 2020-2024
Chart Latvia Soft Drinks 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 Soft Drinks Market: Spend as a Proportion of GDP (%)
Table Latvia Soft Drinks Market: Consumption per Capita (Population)

Companies Mentioned

BĀTAS AVOTS SIA
Birstono Mineraliniai Vandenys Ir Ko, UAB
Carlsberg A/S
Danone S.A.
Grupa Maspex Wadowice
IDS Borjomi, OOO
ILGEZEEM, SIA
Livonia , SIA
Markol, SIA (Zakumuiza)
Monster Beverage Corporation
Olvi Oyj
Orkla ASA
Oshee Polska Sp. z o.o.
PepsiCo, Inc.
Primo Water Corporation
Red Bull GmbH
Royal Unibrew A/S
SIA Puratos Group
SIA SIMEKS
The Coca-Cola Company
The Eckes-Granini Group GmbH
VENDEN, SIA