Latin America Soda Water Dispenser Market Size & Outlook
Latin America soda water dispenser market, 2018-2030 (US$M)
Latin America soda water dispenser market highlights
- The Latin America soda water dispenser market generated a revenue of USD 81.8 million in 2019.
- The market is expected to grow at a CAGR of 3.8% from 2020 to 2027.
- In terms of segment, countertop was the largest revenue generating product in 2019.
- Drop-In 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 2020 to 2027.
Latin America data book summary
| Market revenue in 2019 | USD 81.8 million |
| Market revenue in 2027 | USD 110.1 million |
| Growth rate | 3.8% (CAGR from 2019 to 2027) |
| Largest segment | Countertop |
| Fastest growing segment | Drop-In |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Countertop, Drop-In |
| Key market players worldwide | The Coca-Cola Company, PepsiCo Inc, Keurig Dr Pepper Inc, Lancer Orthodontics Inc |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.7% of the global soda water dispenser market in 2019.
- Globally, North America is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 399.1 million by 2027.
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Soda Water Dispenser Market Scope
Soda Water Dispenser Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America soda water dispenser 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 soda water dispenser market will help companies and investors design strategic landscapes.
Countertop was the largest segment with a revenue share of 75.43% in 2024. Horizon Databook has segmented the Latin America soda water dispenser market based on countertop, drop-in covering the revenue growth of each sub-segment from 2018 to 2030.
According to the Food Navigator’s blog, countries in Latin America and the Caribbean are some of the biggest consumers of sweetened beverages, including sugar-sweetened beverages and fruit juices.
However, this has resulted in an alarming rise in obesity and overweight rates. Several Latin American countries have begun to adopt a variety of regulations targeting sugar-sweetened beverages (SSBs) for the benefit and wellbeing of public health. These regulatory strategies have been designed to reduce SSB consumption and check the rise in obesity.
Such trends have fueled the demand for alternate beverages such as sparkling water and soda water. The growing popularity and easy availability of such drinks in restaurants and the marketplace are driving the consumption of soda water, which, in turn, is likely to spur the demand for soda water dispensers over the forecast period.
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Our clientele includes a mix of soda water dispenser 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 soda water dispenser market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America soda water dispenser market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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