Latin America Caffeinated Beverage Market Size & Outlook
The caffeinated beverage market in Latin America is expected to reach a projected revenue of US$ 27,237.3 million by 2030. A compound annual growth rate of 5.6% is expected of Latin America caffeinated beverage market from 2024 to 2030.
Revenue, 2023 (US$M)
$18,549.2
Forecast, 2030 (US$M)
$27,237.3
CAGR, 2024 - 2030
5.6%
Report Coverage
Latin America
Latin America caffeinated beverage market, 2018-2030 (US$M)
Latin America caffeinated beverage market highlights
- The Latin America caffeinated beverage market generated a revenue of USD 18,549.2 million in 2023.
- The market is expected to grow at a CAGR of 5.6% from 2024 to 2030.
- In terms of segment, carbonated soft beverage was the largest revenue generating product in 2023.
- Carbonated Soft Beverage is the most lucrative product segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 18,549.2 million |
| Market revenue in 2030 | USD 27,237.3 million |
| Growth rate | 5.6% (CAGR from 2023 to 2030) |
| Largest segment | Carbonated soft beverage |
| Fastest growing segment | Carbonated Soft Beverage |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Carbonated Soft Beverage |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.2% of the global caffeinated beverage 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 82,797.0 million by 2030.
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Caffeinated Beverage Market Scope
Caffeinated beverage market segmentation & scope
Distribution Channel
Online
Offline
Countries
Canada
Mexico
U.S.
UK
Spain
Italy
Germany
France
Brazil
Argentina
Saudi Arabia
South Africa
India
China
Japan
Caffeinated Beverage Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Related regional statistics
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