Argentina Beverage Flavoring Systems Market Size & Outlook
Argentina beverage flavoring systems market, 2018-2030 (US$M)
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Argentina beverage flavoring systems market highlights
- The Argentina beverage flavoring systems market generated a revenue of USD 128.9 million in 2024 and is expected to reach USD 183.1 million by 2030.
- The Argentina market is expected to grow at a CAGR of 6% from 2025 to 2030.
- In terms of segment, flavoring agents was the largest revenue generating ingredients in 2024.
- Flavoring carriers is the most lucrative ingredients segment registering the fastest growth during the forecast period.
Beverage flavoring systems market data book summary
| Market revenue in 2024 | USD 128.9 million |
| Market revenue in 2030 | USD 183.1 million |
| Growth rate | 6% (CAGR from 2025 to 2030) |
| Largest segment | Flavoring agents |
| Fastest growing segment | Flavoring carriers |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Flavoring agents, Flavoring carriers, Flavor enhancers |
Other key industry trends
- In terms of revenue, Argentina accounted for 2.3% of the global beverage flavoring systems market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil beverage flavoring systems market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 183.1 million by 2030.
Flavoring agents was the largest segment with a revenue share of 71.53% in 2024. Horizon Databook has segmented the Argentina beverage flavoring systems market based on flavoring agents, flavoring carriers, flavor enhancers covering the revenue growth of each sub-segment from 2018 to 2030.
A gradual rise in the disposable income of the population in the country is expected to result in increased spending on food & beverages. Rising consumption of alcoholic, as well as non-alcoholic beverages, in the country is therefore expected to propel the growth of the beverage flavoring systems.
The total beer consumption in Argentina in 2019 was 1,741 thousand kiloliters and the country held a share of 0.9% of the global beer consumption, as per data published by the Kirin Beer University Report.
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Beverage Flavoring Systems Market Scope
Beverage Flavoring Systems Market Companies
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Argentina beverage flavoring systems market size, by ingredients, 2018-2030 (US$M)
Argentina Beverage Flavoring Systems Market Outlook Share, 2024 & 2030 (US$M)
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