Latin America Carbonated Soft Drink Market Size & Outlook

The carbonated soft drink market in Latin America is expected to reach a projected revenue of US$ 84.0 million by 2028. A compound annual growth rate of 4.2% is expected of Latin America carbonated soft drink market from 2021 to 2028.
Revenue, 2020 (US$M)
$60.4
Forecast, 2028 (US$M)
$84.0
CAGR, 2021 - 2028
4.2%
Report Coverage
Latin America

Latin America carbonated soft drink market highlights

  • The Latin America carbonated soft drink market generated a revenue of USD 60.4 million in 2020.
  • The market is expected to grow at a CAGR of 4.2% from 2021 to 2028.
  • In terms of segment, cola was the largest revenue generating flavor in 2020.
  • Citrus is the most lucrative flavor segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2021 to 2028.

Latin America data book summary

Market revenue in 2020USD 60.4 million
Market revenue in 2028USD 84.0 million
Growth rate4.2% (CAGR from 2020 to 2028)
Largest segmentCola
Fastest growing segmentCitrus
Historical data covered2016 - 2019
Base year for estimation2020
Forecast period covered2021 - 2028
Quantitative unitsRevenue in USD million
Market segmentationCola, Citrus
Key market players worldwideCoca-Cola Co, Danone SA, Jones Soda Co, Keurig Dr Pepper Inc, Monster Beverage Corp, National Beverage Corp, PepsiCo Inc, Refresco, Suntory Beverage & Food Ltd, The Coca-Cola Company

Other key industry trends

  • In terms of revenue, Latin America region accounted for 27.2% of the global carbonated soft drink market in 2020.
  • Globally, Latin America is projected to lead the regional market in terms of revenue in 2028.
  • MEA is the fastest growing regional market and is projected to reach USD 34.9 million by 2028.

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Carbonated Soft Drink Market Scope

Carbonated soft drink market segmentation & scope
Cola
Citrus
Others
Hypermarkets, Supermarkets & General Merchandisers
Convenience Stores & Gas Stations
Food Service Outlets
Online & D2C
Others

Carbonated Soft Drink Market Companies

Name Profile # Employees HQ Website

Latin America carbonated soft drink 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 carbonated soft drink market will help companies and investors design strategic landscapes.


Cola was the largest segment with a revenue share of 52.65% in 2020. Horizon Databook has segmented the Latin America carbonated soft drink market based on cola, citrus covering the revenue growth of each sub-segment from 2016 to 2028.


  • Latin America Carbonated Soft Drink Flavor Outlook (Revenue, USD Million, 2016-2028)
    • Cola
    • Citrus
    • Others
  • Latin America Carbonated Soft Drink Distribution Channel Outlook (Revenue, USD Million, 2016-2028)
    • Hypermarkets, Supermarkets & General Merchandisers
    • Convenience Stores & Gas Stations
    • Food Service Outlets
    • Online & D2C
    • Others

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Target buyers of Latin America carbonated soft drink market databook

  • Our clientele includes a mix of carbonated soft drink market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America carbonated soft drink market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America carbonated soft drink market from 2016 to 2028, including revenue numbers, major trends, and company profiles.

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Latin America carbonated soft drink size, by country, 2016-2028 (US$M)

Latin America Carbonated Soft Drink Market Outlook Share, 2020 & 2028 (US$M)

Latin America carbonated soft drink size, by country, 2016-2028 (US$M)

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