The Latin America alcoholic beverages sector is poised for a dynamic growth phase, anticipating an increase of USD 170.3 billion and a compound annual growth rate (CAGR) of approximately 7.4% from 2024 to 2029. Latin America’s alcoholic beverages market is thriving due to a robust drinking culture and the rise of disposable income, especially in Brazil, Mexico, and Argentina. The demand for beer, wine, and spirits is increasing, with a preference for local and regional brands. Moreover, the region’s increasing number of international trade agreements has led to an influx of foreign brands, offering consumers a wider range of choices. The social and cultural integration of alcohol consumption continues to support market demand across different age groups.
This report provides a thorough assessment of the Latin America alcoholic beverages industry, presenting key market data including historical performance, growth trends, and future outlooks. It delves into various market segments and sub-segments, with a focus on important factors like product, packaging type, distribution channel and country. Through this detailed assessment, the report helps uncover the growth potential of the alcoholic beverages industry.
Market Segmentation
The Latin America alcoholic beverages market is categorized into the following segments:
Product: beer, cider/perry, RTDs, spirits, wine
Packaging type: glass bottles, metal cans, others
Distribution channel: convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, warehouse clubs, food & drinks specialty stores, grocery stores, bars & HoReCa, e-commerce, others
Country: Argentina, Brazil, Chile, Colombia, Mexico, others
The segmentation of the Latin America alcoholic beverages market product, packaging type, distribution channel and country. The market is classified by product into beer, cider/perry, RTDs, spirits, and wine. Packaging type segments encompass glass bottles, metal cans, and others. Distribution channel segments encompass convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, warehouse clubs, food & drinks specialty stores, grocery stores, bars & HoReCa, e-commerce, and others. Geographically, the market spans Argentina, Brazil, Chile, Colombia, Mexico, and others.
Competitive Landscape
Prominent companies operating within the market comprise AB InBev, Heineken N.V., Cervejaria Petropolis S/A, Compania Cervecerias Unidas S.A., Cerveceria Centro Americana S.A., Diageo plc, Empresas Polar C.A., FeCoVitA Coop. Ltda., Grupo Penaflor S.A., Florida Ice and Farm Company S.A., Pernod Ricard Group, Companhia Muller de Bebidas Ltda, Molson Coors Beverage Company and Carlsberg A/S.
This comprehensive report analyzes the performance of leading companies in the alcoholic beverages sector from 2019 to 2023. The findings highlight shifts in market share, revealing both established market leaders and emerging competitors.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Latin America alcoholic beverages market.
Gain in-depth analysis and forecasts for the key segments of the Latin America alcoholic beverages market: product, packaging type, distribution channel and country.
Gain deep insights into the dynamics of the Latin America alcoholic beverages market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Latin America alcoholic beverages 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
Report Scope
Research Methodology
Market Overview
Latin America Alcoholic Beverages Market – Product Analysis
Latin America Alcoholic Beverages Market – Packaging Type Analysis
Latin America Alcoholic Beverages Market – Distribution Channel Analysis
Latin America Alcoholic Beverages Market – Country Analysis
Key Players and Market Share
– AB InBev
– Heineken N.V.
– Cervejaria Petropolis S/A
– Compania Cervecerias Unidas S.A.
– Cerveceria Centro Americana S.A.
– Diageo plc
– Empresas Polar, C.A.
– FeCoVitA Coop. Ltda.
– Grupo Penaflor S.A.
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Latin America Alcoholic Beverages Market 2019-2029
Chart Latin America Alcoholic Beverages Market, Net Growth, 2019-2029
Chart Latin America Alcoholic Beverages Market, Growth Rates, 2019-2029
Table Latin America Alcoholic Beverages Market by Product, 2019-2029
Chart Latin America Alcoholic Beverages Market by Product, CAGR Historic and Forecast, 2019-2029
Chart Latin America Alcoholic Beverages Market by Product, 2019-2029
Table Latin America Alcoholic Beverages Market by Packaging Type, 2019-2029
Chart Latin America Alcoholic Beverages Market by Packaging Type, CAGR Historic and Forecast, 2019-2029
Chart Latin America Alcoholic Beverages Market by Packaging Type, 2019-2029
Table Latin America Alcoholic Beverages Market by Distribution Channel, 2019-2029
Chart Latin America Alcoholic Beverages Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Latin America Alcoholic Beverages Market by Distribution Channel, 2019-2029
Table Latin America Alcoholic Beverages Market by Country, 2019-2029
Chart Latin America Alcoholic Beverages Market by Country, CAGR Historic and Forecast, 2019-2029
Chart Latin America Alcoholic Beverages Market by Country, 2019-2029
Table Latin America Alcoholic Beverages Market Share (%), by Companies, 2019-2023
Chart Latin America Alcoholic Beverages Market, by Companies, 2023
Table Latin America Alcoholic Beverages Market Share (%), by Brands, 2019-2023
Chart Latin America Alcoholic Beverages Market, by Brands, 2023
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 Alcoholic Beverages Market: Spend as a Proportion of GDP (%)
Table Latin America Alcoholic Beverages Market: Consumption per Capita (Population)
Companies Mentioned
AB InBev
Heineken N.V.
Cervejaria Petropolis S/A
Compania Cervecerias Unidas S.A.
Cerveceria Centro Americana S.A.
Diageo plc
Empresas Polar, C.A.
FeCoVitA Coop. Ltda.
Grupo Penaflor S.A.
Florida Ice and Farm Company S.A.
Pernod Ricard Group
Companhia Muller de Bebidas Ltda
Molson Coors Beverage Company
Carlsberg A/S