| Product Code: ETC7905759 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia`s import shipments of baked food and cereals continued to see strong growth with a notable CAGR of 18.36% from 2020 to 2024. The top exporting countries to Latvia in this sector were Lithuania, Poland, Estonia, Germany, and Ukraine. Despite the high concentration with a high Herfindahl-Hirschman Index (HHI), the market showed resilience with a growth rate of 2.89% from 2023 to 2024. This data indicates a robust demand for imported baked goods and cereals in Latvia, highlighting opportunities for further market expansion and competition among key exporting countries.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latvia Baked Food and Cereals Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Baked Food and Cereals Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Baked Food and Cereals Market - Industry Life Cycle |
3.4 Latvia Baked Food and Cereals Market - Porter's Five Forces |
3.5 Latvia Baked Food and Cereals Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Baked Food and Cereals Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Baked Food and Cereals Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health consciousness among consumers leading to a preference for healthier baked food and cereals options. |
4.2.2 Rising disposable income levels in Latvia driving demand for premium and specialty baked food and cereals products. |
4.2.3 Growing trend of convenience and on-the-go snacking boosting the sales of baked food and cereals. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production costs of baked food and cereals. |
4.3.2 Intense competition from other breakfast options like yogurt, fruits, and smoothies affecting market growth. |
4.3.3 Changing consumer preferences towards low-carb or gluten-free diets leading to a shift away from traditional baked food and cereals. |
5 Latvia Baked Food and Cereals Market Trends |
6 Latvia Baked Food and Cereals Market, By Types |
6.1 Latvia Baked Food and Cereals Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Baked Food and Cereals Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia Baked Food and Cereals Market Revenues & Volume, By Breads, 2021- 2031F |
6.1.4 Latvia Baked Food and Cereals Market Revenues & Volume, By Breakfast Cereals, 2021- 2031F |
6.1.5 Latvia Baked Food and Cereals Market Revenues & Volume, By Biscuits and Cookies, 2021- 2031F |
6.1.6 Latvia Baked Food and Cereals Market Revenues & Volume, By Morning Goods, 2021- 2031F |
6.1.7 Latvia Baked Food and Cereals Market Revenues & Volume, By Cakes and Pastries, 2021- 2031F |
6.1.8 Latvia Baked Food and Cereals Market Revenues & Volume, By Other Product Types, 2021- 2031F |
6.2 Latvia Baked Food and Cereals Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Baked Food and Cereals Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021- 2031F |
6.2.3 Latvia Baked Food and Cereals Market Revenues & Volume, By Specialist Stores, 2021- 2031F |
6.2.4 Latvia Baked Food and Cereals Market Revenues & Volume, By Convenience Stores, 2021- 2031F |
6.2.5 Latvia Baked Food and Cereals Market Revenues & Volume, By Online Retail, 2021- 2031F |
6.2.6 Latvia Baked Food and Cereals Market Revenues & Volume, By Other Distribution Channels, 2021- 2031F |
7 Latvia Baked Food and Cereals Market Import-Export Trade Statistics |
7.1 Latvia Baked Food and Cereals Market Export to Major Countries |
7.2 Latvia Baked Food and Cereals Market Imports from Major Countries |
8 Latvia Baked Food and Cereals Market Key Performance Indicators |
8.1 Consumer engagement on social media platforms for baked food and cereals brands. |
8.2 Number of new product launches in the baked food and cereals segment. |
8.3 Percentage of market penetration in rural areas for baked food and cereals products. |
8.4 Consumer satisfaction levels with the quality and variety of baked food and cereals available in the market. |
9 Latvia Baked Food and Cereals Market - Opportunity Assessment |
9.1 Latvia Baked Food and Cereals Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Baked Food and Cereals Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Baked Food and Cereals Market - Competitive Landscape |
10.1 Latvia Baked Food and Cereals Market Revenue Share, By Companies, 2024 |
10.2 Latvia Baked Food and Cereals Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |