Latin America Functional Drinks Market Size & Outlook
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Latin America functional drinks market highlights
- The Latin America functional drinks market generated a revenue of USD 8,982.7 million in 2024.
- The market is expected to grow at a CAGR of 8.8% from 2025 to 2030.
- In terms of segment, energy drinks & shots was the largest revenue generating type in 2024.
- Sports Drinks is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 8,982.7 million |
| Market revenue in 2030 | USD 14,791.8 million |
| Growth rate | 8.8% (CAGR from 2025 to 2030) |
| Largest segment | Energy drinks & shots |
| Fastest growing segment | Sports Drinks |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Energy Drinks & Shots, Sports Drinks, Nutraceutical Drinks |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.0% of the global functional drinks market in 2024.
- 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 66,617.5 million by 2030.
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Functional Drinks Market Scope
Functional Drinks Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Suntory Holdings Limited | View profile | - | - | - |
| Monster Energy | View profile | 5001-10000 | Corona, California, United States, North America | http://www.monsterenergy.com/ |
| Red Bull | View profile | 10001+ | Fuschl Am See, Salzburg, Austria, Europe | https://redbull.com |
| The Coca-Cola Company | View profile | 10001+ | Atlanta, Georgia, United States, North America | https://www.coca-colacompany.com |
| PepsiCo Inc | View profile | 318000 | 700 Anderson Hill Road, Purchase, NY, United States, 10577 | https://www.pepsico.com |
| Danone SA | View profile | 88843 | 17, Boulevard Haussmann, Paris, France, 75009 | https://www.danone.com |
| Nestle SA | View profile | 270000 | Avenue Nestle 55, Vevey, Switzerland, CH-1800 | https://www.nestle.com |
| Otsuka Holdings Co Ltd | View profile | 39548 | 2-9 Kanda-Tsukasamachi, Chiyoda-ku, Tokyo, Japan, 101-0048 | http://www.otsuka.com/jp |
Latin America functional drinks 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 functional drinks market will help companies and investors design strategic landscapes.
Energy drinks & shots was the largest segment with a revenue share of 69.49% in 2024. Horizon Databook has segmented the Latin America functional drinks market based on energy drinks & shots, sports drinks, nutraceutical drinks covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Latin America functional drinks market databook
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Our clientele includes a mix of functional drinks 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America functional drinks market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America functional drinks market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America functional drinks market size, by country, 2018-2030 (US$M)
Latin America Functional Drinks Market Outlook Share, 2024 & 2030 (US$M)
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