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The Latvia Food & Drink Report Will Give You Competitive Intelligence on Latvia's Food and Drink Industry

Posted on: Wednesday, 19 March 2008, 09:00 CDT

Research and Markets (http://www.researchandmarkets.com/reports/c86336) has announced the addition of "Latvia Food & Drink Report 2008" to their offering.

Latvia has in recent years experienced a strong growth of its Mass Grocery Retail (MGR) sector, which has had a beneficial effect on the volumes and values of food and beverages sold in the country. The continuation of retail expansion will remain one of the key drivers of growth in the food and drinks industry over the coming five years. The forecast growth will also be supported by an increased Westernisation of lifestyles, including the receptiveness for new products and the rising demand for convenience foods.

On a negative note, the 2006 introduction of sugar quotas in the European Union (EU) has severely damaged the local industry, with Jelgavas Cukurfabrika, Latvia's largest sugar mill, deciding to close its business. Similarly, the gradual consolidation and saturation of the retail industry will hamper the development of volume sales in the food sector. In addition, the small size of the market is an area of increasing concern for food and beverage producers, who fear too much concentration of buying power among existing retailers, even as they are suspicious of the pricing power of big international chains. Nevertheless, some companies are viewing the country's food industry potential with interest. Most recently, Estonia-based Alta Capital Partners indirectly acquired a controlling stake in Rigas Piensaimnieks, the country's leading dairy producer. The transaction marks further expansion by Alta through acquisition in the Baltics, with Latvian grocery market being viewed as the least consolidated of the three regional markets.

Contents:

Executive Summary

Business Environment

Regional Food & Drink Business Environment Ratings

Table: CEE Food & Drink Ratings -- Q108

Latvia's Food and Drink Business Environment Rating

SWOT Analysis

Mass Grocery Retail

Latvia Mass Grocery Retail Industry SWOT

Food and Drink

Latvia Food & Drink Industry SWOT

Macroeconomic Outlook

Table: Latvia -- Economic Activity

Retail

Regional Overview: Hypermarket Retailing in the CEE Region

Industry Forecast Scenario

Table: Latvian Mass Grocery Retail Sales (US$bn) by F

Table: Grocery Retail Sales By Format -- Historical Data And Forecasts

Market Overview

Table: Structure of Latvia's Mass Grocery Retail Market by Estimated Number of Outlets

Table: Structure of Latvia's Mass Grocery Retail Market -- Sales Value by Format (US$bn)

Food and Drink

Food Regional Overview: Frozen Meals In CEE

Table: Western Europe -- Consumption Of Ready Meals By Product ('000 tonnes)

Table: Western Europe -- Forecast Expenditure On Ready Meals By Product (EURmn)

Table: Marriages And Divorces In Selected CEE Countries, Per '000 Population, 2004

Table: Composition Of Households In Selected CEE Countries By Number Of Children* (as % of total

Food Regional Overview: Confectionery in Central and Eastern Europe

Table: Discount Store Sales (US$bn) by Country 2005-20

Industry Forecast Scenario

Food

Table: Sectoral trade indicators

Table: Food consumption indicators

Table: Food Sub-sector Indicators

Drink

Table: Alcoholic Drinks indicators

Table: Soft Drinks indicators

Industry Developments

Food

Drink

Agriculture

Market Overview

Food

Table: Structure of Manufacturing in Latvia

Drink

Agriculture

Table: Latvia Meat Production

Table: Number of Livestock and Poultry on Latvian Farms

Tobacco

Industry Forecast Scenario

Table: Tobacco indicators

Industry Developments

Market Overview

Competitive Landscape.

Key Players

Mass Grocery Retail

Table: Key Players in Latvia's Mass Grocery Retail Sector, 2007

Food and Drink

Table: Key Players in Latvia's Food & Drink Sector, 2007

Regional Company Case Studies

Food: Hamé in Central and Eastern Europe

Table: Hamé's Export Markets

Table Urban Population in the Czech Republic as % of To

Table Volume/Value of Canned Food in Czech Republic -- Historical Data and Forecast

For more information visit http://www.researchandmarkets.com/reports/c86336

Source: Business Wire

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