Skip to main content
  1. Market Insights
  2. Consumer

Non-Alcoholic Drinks - Latvia

Latvia
  • Revenue, at home (e.g., revenue generated in supermarkets and convenience stores) in the Non-Alcoholic Drinks market amounts to US$227.80m in 2024.
  • Revenue, out-of-home (e.g., revenue generated in restaurants and bars) amounts to US$102.10m in 2024.
  • Revenue, combined amounts to US$329.90m in 2024.
  • The revenue, at home is expected to grow annually by 2.68% (CAGR 2024-2029).
  • In global comparison, most revenue, at home is generated United States (US$216bn in 2024).
  • In relation to total population figures, the average revenue per capita, at home of US$125.80 are generated in 2024.
  • In the Non-Alcoholic Drinks market, volume, at home is expected to amount to 243.60m L by 2024.
  • Volume, out-of-home is expected to amount to 21.47m L in 2024.
  • Volume, combined is expected to amount to 265.10m L in 2024.
  • The Non-Alcoholic Drinks market is expected to show a volume growth, at home of 0.4% in 2025.0.
  • The average volume per person, at home in the Non-Alcoholic Drinks market is expected to amount to 134.60L in 2024.

Definition:

The Non-Alcoholic Drinks market includes all beverages without alcohol. The beverages combined in this market are also often called liquid refreshment beverages (LRB). Not included are Hot Drinks, powdered drink mixes, and syrups.

Structure:

The Non-Alcoholic Drinks market consists of 4 markets:

  • Bottled Water includes carbonated and non-carbonated water which is sold in bottles or via water dispensers.
  • Soft Drinks covers water-based Non-Alcoholic Drinks, this market consists of Carbonated Soft Drinks, Non-Carbonated Soft Drinks, and Energy & Sports Drinks.
  • The Juices market consists of all types of bottled fruit and vegetable juices which contain 100% fruit and/or vegetable juice. The juices market is divided into Orange Juice, Apple Juice, Grapefruit Juice, Pineapple Juice, Grape Juice, and Other Juice, Juice Mixtures & Smoothies.
  • The Ready-to-Drink (RTD) Coffee & Tea market includes packaged coffee and tea beverages in liquid form, ready for consumption. This market is further split into Ready-to-Drink (RTD) Coffee and Ready-to-Drink (RTD) Tea.

Additional information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per liter, as well as sales channels. Per capita figures refer to a country’s or region’s whole population.

The at-home market covers retail sales via super- and hypermarkets, eCommerce, convenience stores, or similar sales channels. The out-of-home data encompasses all sales to hotels, restaurants, catering, cafés, bars, and similar hospitality service establishments. Combined numbers encompass both the at-home market and the out-of-home market. Both the at-home and the out-of-home market are valued at retail selling prices including all sales and consumption taxes.

Key players include The Coca-Cola Company, PepsiCo, Red Bull, Danone, and Keurig Dr Pepper.

In-Scope

  • Mineral Water
  • Soft Drinks
  • Fruit and vegetable juice

Out-Of-Scope

  • Hot Drinks
  • Powdered drink mixes and syrups (e.g. Post-Mix Drinks)
Non-Alcoholic Drinks: market data & analysis - Cover

Market Insights report

Non-Alcoholic Drinks: market data & analysis

Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Volume

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Price

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Key Players

    Most recent update: Apr 2024

    Source: Statista Market Insights

    Sales Channels

    Most recent update: May 2024

    Source: Statista Market Insights

    Global Comparison

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Analyst Opinion

    The Non-Alcoholic Drinks market in Latvia has been experiencing significant growth in recent years, driven by changing customer preferences, emerging trends, and local special circumstances.

    Customer preferences:
    Latvian consumers have shown a growing preference for healthier beverage options, leading to an increased demand for non-alcoholic drinks. This shift in consumer behavior can be attributed to a rising awareness of the health benefits associated with reducing alcohol consumption and adopting a more balanced lifestyle. As a result, there has been a surge in the consumption of non-alcoholic beverages such as flavored water, herbal teas, and functional drinks that offer various health benefits.

    Trends in the market:
    One notable trend in the Non-Alcoholic Drinks market in Latvia is the increasing popularity of craft and artisanal beverages. Consumers are seeking unique and high-quality products that offer a more personalized and premium experience. This trend has led to the emergence of local craft beverage producers who focus on creating small-batch, handcrafted drinks using locally sourced ingredients. These niche products cater to the growing demand for authenticity and sustainability in the market. Another trend in the market is the growing demand for functional beverages. Consumers are looking for drinks that not only quench their thirst but also provide additional health benefits. Functional beverages, such as energy drinks, sports drinks, and probiotic beverages, have gained popularity due to their perceived ability to enhance performance, support overall well-being, and improve gut health. This trend is driven by the increasing health consciousness among Latvian consumers and their desire for beverages that can contribute to their daily nutritional needs.

    Local special circumstances:
    Latvia's geographical location and climate have influenced the Non-Alcoholic Drinks market in unique ways. The country's abundance of natural resources, including mineral-rich water sources and herbal flora, has fostered the development of a diverse range of non-alcoholic beverages. Latvian consumers have a strong affinity for natural and locally sourced products, which has created opportunities for local producers to thrive and cater to this demand. Additionally, the country's rich cultural heritage and traditions have also played a role in shaping consumer preferences, with traditional Latvian herbal teas and infusions remaining popular choices among the population.

    Underlying macroeconomic factors:
    The growth of the Non-Alcoholic Drinks market in Latvia can also be attributed to favorable macroeconomic factors. The country's stable economic environment, increasing disposable income, and improving living standards have contributed to the rising demand for non-alcoholic beverages. As consumers have more purchasing power, they are willing to spend on premium and healthier beverage options. Furthermore, the government's focus on promoting a healthy lifestyle and supporting local businesses has created a conducive environment for the development and expansion of the Non-Alcoholic Drinks market in Latvia. In conclusion, the Non-Alcoholic Drinks market in Latvia is witnessing significant growth due to changing customer preferences, emerging trends, local special circumstances, and favorable macroeconomic factors. The increasing demand for healthier options, the popularity of craft and artisanal beverages, and the growing interest in functional drinks are driving the market's development. Moreover, Latvia's unique geographical location, cultural heritage, and favorable economic conditions have further contributed to the growth of the market.

    Methodology

    Data coverage:

    The data encompasses B2C enterprises. The at-home market covers retail sales via super- and hypermarkets, eCommerce, convenience stores, or similar sales channels. The out-of-home data encompasses all sales to hotels, restaurants, catering, cafés, bars, and similar hospitality service establishments. Combined numbers encompass both the at-home market and the out-of-home market. Both the at-home and the out-of-home market are valued at retail selling prices including all sales and consumption taxes.

    Modeling approach:

    Market sizes are determined through a Top-Down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending (e.g. consumer spending on Non-Alcoholic Drinks, consumer spending at Hotels, Restaurants etc.), and price level index. This data helps us estimate the market size for each country individually.

    Forecasts:

    In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Non-Alcoholic Drinks market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

    Additional notes:

    The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.

    Consumer

    Access more Market Insights on Consumer topics with our featured report

    Non-Alcoholic Drinks: market data & analysis - BackgroundNon-Alcoholic Drinks: market data & analysis - Cover

    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Explore more high-quality data on related topic

    Non-alcoholic beverages and soft drinks in the U.S. - statistics & facts

    The non-alcoholic beverages industry encompasses liquid refreshment beverages (LRB) such as bottled water, carbonated soft drinks, energy drinks, fruit beverages, ready-to-drink coffee and tea, sports beverages and value-added water. Globally, bottled water is the leading liquid refreshment beverage category, registering more than 76 billion cases in volume sales. Carbonated soft drinks followed in second with a sales volume exceeding 36 billion cases.
    More data on the topic

    Contact

    Get in touch with us. We are happy to help.