Industry Statistics and Rankings
How does this industry perform in Latvia compared to Europe?
Country Benchmarking
Industry Data Latvia
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#30 In EuropeBusiness
#30 In EuropeEmployees
#29 In EuropeWages
#30 In EuropeThe Food and Beverage Wholesaling revenue is forecast to climb at a compound annual rate of 1.4% over the five years through 2025 to reach a valuation of €1,964.7 billion, including an estimated rise of 0.5% in 2025, while the average industry profit margin is expected to reach 4.8%. Wholesalers across the industry are dealing with rising costs because of supply chain disruptions, inflation, and higher prices set by manufacturers. Countries such as France, Italy, and Spain have experienced significant increases in food prices, particularly for chicken and eggs. Larger wholesalers continue to outpace smaller wholesalers by negotiating better deals with suppliers and operating more efficiently. While the sector is still fragmented, big players are steadily expanding their reach, making it harder for smaller companies to survive on tight profit. Intense competition forces wholesalers to pass these rising costs on to retailers, but profit growth remains limited since manufacturers keep raising their own prices.
Enterprises
Number of businesses in 2025
Biggest companies in the Food & Drink Wholesaling in Latvia
| Company | Market Share (%)
2025 | Revenue (€m)
2025 | Profit (€m)
2025 | Profit Margin (%)
2025 |
|---|---|---|---|---|
Costco Wholesale | 29,129.8 | 1,048.6 | 3.6 | |
TransGourmet Holding AG | 20,329.5 | 365.9 | 1.8 | |
Metro AG | 34,560.9 | 622.1 | 1.8 |
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Top Questions Answered in this Report
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What is the market size of the Food & Drink Wholesaling industry in Latvia in 2025?
The market size of the Food & Drink Wholesaling industry in Latvia is €3.7bn in 2025.
How many businesses are there in the Food & Drink Wholesaling industry in Latvia in 2025?
There are 847 businesses in the Food & Drink Wholesaling industry in Latvia, which has declined at a CAGR of 2.0 % between 2020 and 2025.
Has the Food & Drink Wholesaling industry in Latvia grown or declined over the past 5 years?
The market size of the Food & Drink Wholesaling industry in Latvia has been growing at a CAGR of 1.7 % between 2020 and 2025.
What is the forecast growth of the Food & Drink Wholesaling industry in Latvia over the next 5 years?
Over the next five years, the Food & Drink Wholesaling industry in Latvia is expected to grow.
What are the biggest companies in the Food & Drink Wholesaling industry in Latvia?
The biggest companies operating in the Food & Drink Wholesaling industry in Latvia are Costco Wholesale, TransGourmet Holding AG and Metro AG
What does the Food & Drink Wholesaling industry in Latvia include?
Fruit and vegetables and Meat and meat products are part of the Food & Drink Wholesaling industry in Latvia.
Which companies have the highest market share in the Food & Drink Wholesaling industry in Latvia?
The company holding the most market share in the Food & Drink Wholesaling industry in Latvia is Costco Wholesale.
How competitive is the Food & Drink Wholesaling industry in Latvia?
The level of competition is moderate and steady in the Food & Drink Wholesaling industry in Latvia.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
Complementors
Table of Contents
About this industry
Industry definition
Businesses in the industry wholesale a range of food products, including fresh or frozen meat; fresh, frozen or processed vegetables; beverages; dairy products, eggs and oils; tobacco; and baking products and confectionery. This industry also includes prepared meals, bread, dips and condiments, food spreads, savoury snacks, sandwich fillings, tinned goods and processed grain and cereal.
Related Terms
WHOLESALE BYPASS SPECIALISED WHOLESALER COOPERATIVESUPPLY CHAINWhat's included in this industry?
Fruit and vegetablesMeat and meat productsDairy products, eggs and edible oils and fatsBeveragesSugar and sugar confectioneryCanned and pre-packaged foodCompanies
Costco WholesaleTransGourmet Holding AGMetro AGIndustry Code
463 - Wholesale of food, beverages and tobacco in Latvia
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Performance
Revenue Highlights
Trends
- Revenue
- 2025 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue
- Employees
- Business
- Profit
Analysis
What's driving current industry performance in the Food & Drink Wholesaling in Latvia industry?
Outlook
Analysis
What's driving the Food & Drink Wholesaling in Latvia industry outlook?
Volatility
Analysis
What influences volatility in the Food & Drink Wholesaling in Latvia industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Food & Drink Wholesaling in Latvia industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Rising health and environmental concerns hit meat consumption. The increasing popularity and awareness of plant-based diets and sustainability issues are driving down meat product sales.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Food & Drink Wholesaling in Latvia industry's products and services performing?
Analysis
What are innovations in the Food & Drink Wholesaling in Latvia industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Food & Drink Wholesaling in Latvia industry?
International Trade
Highlights
- Total Imports into Latvia
- Total Exports into Latvia
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2025)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
Major wholesalers dominate the industry. The industry is made up of numerous major players, including Sucres et Denrees SA, Groupe Lactalis SA and Metro AG.
Supply Chain
Charts
Buyer and supply industries
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Establishments by Region (2025)
Data Tables
- Number of Establishments by Region (2025)
Charts
- Share of Establishments vs. Population of Each Region
Analysis
What regions are businesses in the Food & Drink Wholesaling in Latvia located?
Companies
Data Tables
Top 8 companies by market share:
- Market share (2025)
- Revenue (2025)
- Profit (2025)
- Profit margin (2025)
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Wholesalers in the industry must ensure they distribute food free from harmful substances. European wholesalers must adhere to food safety and hygiene legislation like The General Food Law Regulation.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Food & Drink Wholesaling in Latvia industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Wholesalers are contending with rising procurement costs because of unprecedented inflation in food manufacturing. The high cost of commodities triggered by inflation and adverse weather conditions increases the purchasing expenses for wholesalers, directly impacting their profit.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Food & Drink Wholesaling in Latvia industry?
Key Ratios
Data tables
- IVA/Revenue (2015-2030)
- Imports/Demand (2015-2030)
- Exports/Revenue (2015-2030)
- Revenue per Employee (2015-2030)
- Wages/Revenue (2015-2030)
- Employees per Establishment (2015-2030)
- Average Wage (2015-2030)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and bottom five countries listed for each:
- Revenue Growth (2025)
- Business Growth (2025)
- Job Growth (2025)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2025)
- Imports/Demand (2025)
- Exports/Revenue (2025)
- Revenue per Employee (2025)
- Wages/Revenue (2025)
- Employees per Establishment (2025)
- Average Wage (2025)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2015-2030)
- IVA (2015-2030)
- Establishments (2015-2030)
- Enterprises (2015-2030)
- Employment (2015-2030)
- Exports (2015-2030)
- Imports (2015-2030)
- Wages (2015-2030)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
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France
Italy
Spain