Latin America Malt Beverages Market Size & Outlook
The malt beverages market in Latin America is expected to reach a projected revenue of US$ 141,114.6 million by 2030. A compound annual growth rate of 6.9% is expected of Latin America malt beverages market from 2024 to 2030.
Revenue, 2023 (US$M)
$88,623.3
Forecast, 2030 (US$M)
$141,114.6
CAGR, 2024 - 2030
6.9%
Report Coverage
Latin America
Latin America malt beverages market, 2018-2030 (US$M)
Latin America malt beverages market highlights
- The Latin America malt beverages market generated a revenue of USD 88,623.3 million in 2023.
- The market is expected to grow at a CAGR of 6.9% from 2024 to 2030.
- In terms of segment, alcoholic malt beverages was the largest revenue generating product in 2023.
- Alcoholic Malt Beverages is the most lucrative product segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 88,623.3 million |
| Market revenue in 2030 | USD 141,114.6 million |
| Growth rate | 6.9% (CAGR from 2023 to 2030) |
| Largest segment | Alcoholic malt beverages |
| Fastest growing segment | Alcoholic Malt Beverages |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Alcoholic Malt Beverages |
| Key market players worldwide | Boston Beer Co Inc Class A, Anheuser-Busch InBev SA/NV, Heineken NV, Carlsberg A/S Class B, Molson Coors Beverage Co Class A, Diageo PLC, Kirin Holdings Co Ltd, Asahi Group Holdings Ltd, Constellation Brands Inc Class A |
Other key industry trends
- In terms of revenue, Latin America region accounted for 11.3% of the global malt beverages market in 2023.
- Globally, Asia Pacific 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 468,994.7 million by 2030.
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Malt Beverages Market Scope
Malt beverages market segmentation & scope
Ale
Lager
Stout
Others
Flavored Alcoholic Malt Beverages
Hard Seltzers
Malt-Based Cocktails
Hard Tea
RTD Malt Drinks
Non-Alcoholic Malt Beverages
Non-Alcoholic Beer
Flavored Non-Alcoholic Malt Beverages
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Australia
China
India
Japan
Brazil
Argentina
South Africa
Malt Beverages Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America malt beverages market
Related regional statistics
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