Latin America Adaptogenic Drinks Market Size & Outlook
The adaptogenic drinks market in Latin America is expected to reach a projected revenue of US$ 326.4 million by 2030. A compound annual growth rate of 8% is expected of Latin America adaptogenic drinks market from 2024 to 2030.
Revenue, 2023 (US$M)
$190.6
Forecast, 2030 (US$M)
$326.4
CAGR, 2024 - 2030
8%
Report Coverage
Latin America
Latin America adaptogenic drinks market, 2018-2030 (US$M)
Latin America adaptogenic drinks market highlights
- The Latin America adaptogenic drinks market generated a revenue of USD 190.6 million in 2023.
- The market is expected to grow at a CAGR of 8% from 2024 to 2030.
- In terms of segment, ashwagandha was the largest revenue generating indredient in 2023.
- Ashwagandha is the most lucrative indredient segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 190.6 million |
| Market revenue in 2030 | USD 326.4 million |
| Growth rate | 8% (CAGR from 2023 to 2030) |
| Largest segment | Ashwagandha |
| Fastest growing segment | Ashwagandha |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ashwagandha |
Other key industry trends
- In terms of revenue, Latin America region accounted for 12.2% of the global adaptogenic drinks market in 2023.
- 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 500.0 million by 2030.
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Adaptogenic Drinks Market Scope
Adaptogenic drinks market segmentation & scope
Application
On-Trade
Off-Trade
Countries
U.S.
Canada
UK
Germany
France
Italy
Spain
Japan
China
India
Australia
South Korea
Bolivia
South Africa
Saudi Arabia
Adaptogenic Drinks Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America adaptogenic drinks market
Related regional statistics
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