The food and beverage production sector provide investors with a full range of opportunities for success, including a robust supply chain, an experienced workforce, and high-quality standards. Domestic producers can also effectively track the quality of their products, from ingredients, through production and transit, to market – enabling the production of the fresh and natural foods that consumers seek.
- Robust supply chain
- Access to quality ingredients
- Ecological agriculture for natural ingredients
- The abundance of skilled and competitive labor
- Industry standards and sustainability
- Developed transit infrastructure
- Well recognized in CIS markets
Food and beverage production is the largest industrial sector in Latvia. The food industry sector produced around 21.2% of the total output in manufacturing (2020). Almost 21% of Latvia’s territory is arable land, and most ingredients are locally grown—providing producers with a robust and efficient supply chain. Producers have a broad range of domestic suppliers to choose from, enabling healthy competition in terms of price and quality. Domestic food and drink makers can effectively track the quality of their products from field to table, giving them an edge in the global marketplace—especially as consumers worldwide become increasingly conscious of food ingredients. Indeed, producers in Latvia have achieved awareness and recognition globally through their high quality and great taste.
The sector combines natural products of one of Europe’s cleanest environments with modern manufacturing technologies to produce delicious, safe, and healthy foods. Latvia’s food processing companies have developed and upgraded their production facilities to guarantee that domestic food products are of high and stable quality, utilizing several international standards such as ISO, HACCP, IFS, and BRC as well as various eco- and bio-certificates. Latvia’s government, in close cooperation with the European Union, ensures that all quality standards are met and consumers can enjoy their meals. Food producers can also take advantage of the country’s developed transit and storage infrastructure, providing efficient transportation to markets.
The sector produces a full range of product lines, including dairy, fish processing, meat and egg production, grains and baked goods, fruits and vegetables, herbs and spices, and confectionaries. Beverage production includes juices, carbonated and non-carbonated soft drinks, mineral and drinking water, beer, and other alcohol products.