Projections for the Latin America soft drinks market suggest a promising growth trajectory, with an anticipated rise of USD 59.1 billion and a CAGR nearing 5.3% over the next five years. In Latin America, the soft drinks market is driven by the increasing consumption of beverages such as carbonated drinks, juices, and bottled water. One of the key drivers is the region’s youthful population, which is particularly receptive to new beverage innovations, such as energy drinks and ready-to-drink teas. The growing middle class and higher disposable income, particularly in Brazil, Mexico, and Argentina, are propelling the demand for premium products, such as bottled water and flavored carbonated drinks. However, health concerns related to high sugar content are influencing a shift towards reduced-sugar and functional drinks, with consumers showing increasing interest in beverages that offer added health benefits, such as fortified juices and vitamin-enriched waters.
This report presents a thorough analysis and future outlook for the Latin America soft drinks market, covering historical data from 2020 to 2024 and forecasts up to 2030. It investigates market size, growth patterns, and segmented insights, revealing the trends transforming the industry. By dissecting critical aspects such as product type, type, packaging, distribution channel and country, the report provides a comprehensive toolkit for understanding and capitalizing on market opportunities.
Market Segmentation
The Latin America soft drinks market is structured as follows:
Product type: bottled water, carbonated soft drinks, concentrates, juices, RTD coffee, RTD tea, energy drinks, sports drinks
Type: regular, low- and no-sugar soft drinks
Packaging: flexible packaging, glass bottles, liquid cartons, metal cans, plastic bottles, others
Distribution channel: convenience stores, forecourt, supermarkets and hypermarkets, discounters, warehouse clubs, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, others
Country: Argentina, Brazil, Chile, Colombia, Mexico, others
The soft drinks market in Latin America is segmented across product type, type, packaging, distribution channel and country. The market is classified by product type into bottled water, carbonated soft drinks, concentrates, juices, RTD coffee, RTD tea, energy drinks, and sports drinks. Type categories include regular, and low- and no-sugar soft drinks. Packaging segments consist of flexible packaging, glass bottles, liquid cartons, metal cans, plastic bottles, and others. Distribution channel segmentation includes convenience stores, forecourt, supermarkets and hypermarkets, discounters, warehouse clubs, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, and others. Geographically, the market is divided into Argentina, Brazil, Chile, Colombia, Mexico and others.
Competitive Landscape
The competitive landscape of the soft drinks industry has been thoroughly analyzed, highlighting key players such as Watt’s S.A., Unilever PLC, The Coca-Cola Company, Tesalia Springs Company, Somos Industrias San Miguel (ISM), REFRES NOW S.A., Red Bull GmbH, Quala S.A., Pritty S.A., POSTOBON S.A., PepsiCo Inc., Nestle S.A., Monster Beverage Corporation, MINALBA BRASIL, Houchens Industries Inc, Heineken N.V., Grupo Jumex S.A. de C.V., Grupo Gepp S.A.P.I. de C.V., Fabrica De Bebidas Gaseosas Salvavidas S.A., Embotelladora de Sula S.A., El Jumillano S.A., Dr Pepper Snapple Group, Danone S.A., Cooperativa Pascual S.C.L., Consorcio Aga S.A. de C.V., Compania Cervecerias Unidas S.A., Cimes ChP, cbc Group, Britvic PLC, AJE Group, Agua Planeta Azul S.A. and AB InBev.
The report provides a detailed assessment of prominent companies within the soft drinks market, tracking their performance from 2020 to 2024. Insights reveal fluctuations in market share, highlighting both veteran leaders and emerging players.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Latin America soft drinks market.
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Gain deep insights into the dynamics of the Latin America soft drinks market.
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Anticipate the future trajectory of the Latin America soft drinks market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Market Segmentation
Market Overview
Latin America Soft Drinks Market – Product Type Analysis
Latin America Soft Drinks Market – Type Analysis
Latin America Soft Drinks Market – Packaging Analysis
Latin America Soft Drinks Market – Distribution Channel Analysis
Latin America Soft Drinks Market – Country Analysis
Key Players and Market Share
Watt’s S.A.
Unilever PLC
The Coca-Cola Company
Tesalia Springs Company
Somos Industrias San Miguel (ISM)
REFRES NOW S.A.
Red Bull GmbH
Quala S.A.
Pritty S.A.
…
Macroeconomic Data and Forecast
Research Methodology
Disclaimer
FIGURES AND TABLES
Table Latin America Soft Drinks Market 2020-2030
Chart Latin America Soft Drinks Market, Net Growth, 2020-2030
Chart Latin America Soft Drinks Market, Growth Rates, 2020-2030
Table Latin America Soft Drinks Market by Product Type, 2020-2030
Chart Latin America Soft Drinks Market by Product Type, CAGR Historic and Forecast, 2020-2030
Chart Latin America Soft Drinks Market by Product Type, 2020-2030
Table Latin America Soft Drinks Market by Type, 2020-2030
Chart Latin America Soft Drinks Market by Type, CAGR Historic and Forecast, 2020-2030
Chart Latin America Soft Drinks Market by Type, 2020-2030
Table Latin America Soft Drinks Market by Packaging, 2020-2030
Chart Latin America Soft Drinks Market by Packaging, CAGR Historic and Forecast, 2020-2030
Chart Latin America Soft Drinks Market by Packaging, 2020-2030
Table Latin America Soft Drinks Market by Distribution Channel, 2020-2030
Chart Latin America Soft Drinks Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Latin America Soft Drinks Market by Distribution Channel, 2020-2030
Table Latin America Soft Drinks Market by Country, 2020-2030
Chart Latin America Soft Drinks Market by Country, CAGR Historic and Forecast, 2020-2030
Chart Latin America Soft Drinks Market by Country, 2020-2030
Table Latin America Soft Drinks Market Share (%), by Companies, 2020-2024
Chart Latin America Soft Drinks Market, by Companies, 2024
Table Latin America Soft Drinks Market Share (%), by Brands, 2020-2024
Chart Latin America Soft Drinks Market, by Brands, 2024
Table Latin America – Population (Millions) and Forecast
Table Latin America – Consumer Price Index (CPI) and Forecast
Table Latin America – Gross Domestic Product and Forecast
Table Latin America Soft Drinks Market: Spend as a Proportion of GDP (%)
Table Latin America Soft Drinks Market: Consumption per Capita (Population)
Companies Mentioned
Watt’s S.A.
Unilever PLC
The Coca-Cola Company
Tesalia Springs Company
Somos Industrias San Miguel (ISM)
REFRES NOW S.A.
Red Bull GmbH
Quala S.A.
Pritty S.A.
POSTOBON S.A.
PepsiCo, Inc.
Nestle S.A.
Monster Beverage Corporation
MINALBA BRASIL
Houchens Industries Inc
Heineken N.V.
Grupo Jumex, S.A. de C.V.
Grupo Gepp, S.A.P.I. de C.V.
Fabrica De Bebidas Gaseosas Salvavidas S.A.
Embotelladora de Sula S.A.
El Jumillano S.A.
Dr Pepper Snapple Group
Danone S.A.
Cooperativa Pascual, S.C.L.
Consorcio Aga, S.A. de C.V.
Compania Cervecerias Unidas S.A.
Cimes ChP
cbc Group
Britvic PLC
AJE Group
Agua Planeta Azul, S.A.
AB InBev