Latin America Coffee Market Size & Outlook, 2023-2030
Latin America coffee market, 2018-2030 (US$M)
Related Markets
Latin America coffee market highlights
- The Latin America coffee market generated a revenue of USD 86,734.7 million in 2023.
- The market is expected to grow at a CAGR of 4% from 2024 to 2030.
- In terms of segment, roasted was the largest revenue generating product in 2023.
- Ready to Drink 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 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 86,734.7 million |
| Market revenue in 2030 | USD 114,278.1 million |
| Growth rate | 4% (CAGR from 2023 to 2030) |
| Largest segment | Roasted |
| Fastest growing segment | Ready to Drink |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Roasted, Instant, Ready to Drink |
| Key market players worldwide | Nestle SA, Starbucks Corp, JDE Peets NV Ordinary Shares, Tchibo Coffee International, Luigi Lavazza, Strauss Group Ltd, JM Smucker Co, Melitta, UCC Ueshima Coffee, Massimo Zanetti Beverage Group |
Other key industry trends
- In terms of revenue, Latin America region accounted for 17.9% of the global coffee market in 2023.
- 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 170,244.0 million by 2030.
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Coffee Market Scope
Coffee Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America coffee 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 coffee market will help companies and investors design strategic landscapes.
Roasted was the largest segment with a revenue share of 53.53% in 2023. Horizon Databook has segmented the Latin America coffee market based on roasted, instant, ready to drink covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for coffee is expected to increase in Central & South America owing to a combination of factors such as the region’s rich coffee-growing heritage coupled with the growing demand for specialty coffee which has placed the region as a prime source of high-quality beans.
Moreover, the rise of café culture and increasing urbanization further fuel the need for roasted coffee. As South American countries increasingly focus on sustainable practices and premium offerings, the region is poised to witness a substantial increase in roasted coffee demand.
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Target buyers of Latin America coffee market databook
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Our clientele includes a mix of coffee market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 coffee market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America coffee market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America coffee market size, by country, 2018-2030 (US$M)
Latin America Coffee Market Outlook Share, 2023 & 2030 (US$M)
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