Brazil Beverage Flavoring Systems Market Size & Outlook
Brazil beverage flavoring systems market, 2018-2030 (US$M)
Related Markets
Brazil beverage flavoring systems market highlights
- The Brazil beverage flavoring systems market generated a revenue of USD 206.7 million in 2024 and is expected to reach USD 289.9 million by 2030.
- The Brazil market is expected to grow at a CAGR of 5.8% 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 206.7 million |
| Market revenue in 2030 | USD 289.9 million |
| Growth rate | 5.8% (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, Brazil accounted for 3.7% 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 71.36% in 2024. Horizon Databook has segmented the Brazil beverage flavoring systems market based on flavoring agents, flavoring carriers, flavor enhancers covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is one of the major producers of cocoa, which is widely used in beverages. Flavor manufacturers operating in the country can, therefore, easily source cocoa for flavor production in Brazil. As per International Cocoa Organization, the production of cocoa beans was 201.0 thousand tons in Brazil during 2019-2020. The consumption of cocoa in Brazil was estimated at about 182.0 thousand tons in 2019 and the country was ranked 7th among the top 10 consumers of cocoa across the globe.
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Beverage Flavoring Systems Market Scope
Beverage Flavoring Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil beverage flavoring systems market size, by ingredients, 2018-2030 (US$M)
Brazil Beverage Flavoring Systems Market Outlook Share, 2024 & 2030 (US$M)
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