Latin America Vodka Market Size & Outlook, 2024-2030

The vodka market in Latin America is expected to reach a projected revenue of US$ 2,652.7 million by 2030. A compound annual growth rate of 6% is expected of Latin America vodka market from 2025 to 2030.
Revenue, 2024 (US$M)
$1,900.1
Forecast, 2030 (US$M)
$2,652.7
CAGR, 2025 - 2030
6%
Report Coverage
Latin America

Latin America vodka market highlights

  • The Latin America vodka market generated a revenue of USD 1,900.1 million in 2024.
  • The market is expected to grow at a CAGR of 6% from 2025 to 2030.
  • In terms of segment, non-flavored was the largest revenue generating type in 2024.
  • Flavored is the most lucrative type segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2025 to 2030.


Latin America data book summary

Market revenue in 2024USD 1,900.1 million
Market revenue in 2030USD 2,652.7 million
Growth rate6% (CAGR from 2025 to 2030)
Largest segmentNon-flavored
Fastest growing segmentFlavored
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFlavored, Non-Flavored


Other key industry trends

  • In terms of revenue, Latin America region accounted for 6.8% of the global vodka market in 2024.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 11,025.4 million by 2030.

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Vodka Market Companies

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Latin America vodka market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to vodka market will help companies and investors design strategic landscapes.


Non-flavored was the largest segment with a revenue share of 68.13% in 2024. Horizon Databook has segmented the Latin America vodka market based on flavored, non-flavored covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America vodka market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America vodka market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America vodka market size, by country, 2018-2030 (US$M)

Latin America Vodka Market Outlook Share, 2024 & 2030 (US$M)

Latin America vodka market size, by country, 2018-2030 (US$M)

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