Latin America Cocktail Mixers Market Size & Outlook
Latin America cocktail mixers market, 2018-2030 (US$M)
Related Markets
Latin America cocktail mixers market highlights
- The Latin America cocktail mixers market generated a revenue of USD 1,076.5 million in 2021.
- The market is expected to grow at a CAGR of 8.6% from 2022 to 2030.
- In terms of segment, tonic water was the largest revenue generating product in 2021.
- Club Soda is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2022 to 2030.
Latin America data book summary
| Market revenue in 2021 | USD 1,076.5 million |
| Market revenue in 2030 | USD 2,267.4 million |
| Growth rate | 8.6% (CAGR from 2021 to 2030) |
| Largest segment | Tonic water |
| Fastest growing segment | Club Soda |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tonic Water, Club Soda, Ginger |
| Key market players worldwide | Fevertree Drinks PLC, Keurig Dr Pepper Inc, The Coca-Cola Company, Britvic PLC, Coca-Cola Co |
Other key industry trends
- In terms of revenue, Latin America region accounted for 12.5% of the global cocktail mixers market in 2021.
- Globally, Europe 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 3,948.3 million by 2030.
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Cocktail Mixers Market Scope
Cocktail Mixers Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America cocktail mixers 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 cocktail mixers market will help companies and investors design strategic landscapes.
Tonic water was the largest segment with a revenue share of 44.69% in 2023. Horizon Databook has segmented the Latin America cocktail mixers market based on tonic water, club soda, ginger covering the revenue growth of each sub-segment from 2018 to 2030.
In Central and South America, the cocktail mixer market is heavily influenced by the region's rich cocktail heritage and abundance of local fruits and flavors.
There is a growing trend towards premiumization, with consumers seeking high-quality mixers that complement the region's renowned spirits, such as rum, pisco, and cachaça. Mixers that highlight local ingredients and traditional flavors are particularly popular.
The region is also seeing an increase in health-conscious consumers, driving demand for natural and organic mixer options. This trend is coupled with a growing interest in mixers that can be used in both alcoholic and non-alcoholic drinks, catering to the rising popularity of mocktails and low-ABV beverages.
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Our clientele includes a mix of cocktail mixers market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America cocktail mixers market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America cocktail mixers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America cocktail mixers market size, by country, 2018-2030 (US$M)
Latin America Cocktail Mixers Market Outlook Share, 2023 & 2030 (US$M)
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