Latin America Roasted Coffee Market Size & Outlook
Latin America roasted coffee market, 2018-2030 (US$M)
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Latin America roasted coffee market highlights
- The Latin America roasted coffee market generated a revenue of USD 8,512.9 million in 2023.
- The market is expected to grow at a CAGR of 4.6% from 2024 to 2030.
- In terms of segment, arabica was the largest revenue generating type in 2023.
- Robusta is the most lucrative type 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 8,512.9 million |
| Market revenue in 2030 | USD 11,662.1 million |
| Growth rate | 4.6% (CAGR from 2023 to 2030) |
| Largest segment | Arabica |
| Fastest growing segment | Robusta |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Arabica, Robusta |
| Key market players worldwide | Nestle SA, Starbucks Corp, JDE Peets NV ADR, Strauss Group Ltd, JM Smucker Co, AWAK Technologies, Second Sight Systems, HDT Global, Touch Bionics, Neurotron Biotechnology, Retina Implant, Rex Bionics, Tchibo Coffee International, Luigi Lavazza, Melitta, Massimo Zanetti Beverage Group |
Other key industry trends
- In terms of revenue, Latin America region accounted for 18.9% of the global roasted 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 16,384.1 million by 2030.
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Roasted Coffee Market Scope
Roasted Coffee Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America roasted 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 roasted coffee market will help companies and investors design strategic landscapes.
Arabica was the largest segment with a revenue share of 57.85% in 2023. Horizon Databook has segmented the Latin America roasted coffee market based on arabica, robusta covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for roasted 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.
The coffee culture in Argentina has evolved significantly and greatly elevated its standards to match those of its international counterparts. Argentina’s coffee consumption increased at the fastest rate, expanding by 15.2% to 0.7 million bags in 2021/22, according to the International Coffee Organization report published in April 2023.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America roasted coffee market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America roasted coffee market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America roasted coffee market size, by country, 2018-2030 (US$M)
Latin America Roasted Coffee Market Outlook Share, 2023 & 2030 (US$M)
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