Latin America Alcoholic Beverages Market 2025

The Latin America alcoholic beverages market is on track for a substantial increase of USD 170.3 billion, indicating a CAGR of roughly 7.4% during the forecast period from 2025 to 2030. 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.

The report provides a comprehensive analysis of the Latin America alcoholic beverages market, offering detailed data on historical market size and growth rates over the past six years, alongside forecasts extending to 2030. It presents an in-depth examination of market categories and subcategories, with a particular focus on key trends shaping the industry across product, packaging type, distribution channel and country.

Market Segmentation

The following outlines the segmentation of the Latin America alcoholic beverages market:
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 alcoholic beverages market in Latin America is segmented based on product, packaging type, distribution channel and country. By product, the market is categorized into beer, cider/perry, RTDs, spirits, and wine. Packaging type segmentation includes glass bottles, metal cans, and others. Distribution channel segments are categorized into 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 encompasses Argentina, Brazil, Chile, Colombia, Mexico, and others.

Competitive Landscape

The alcoholic beverages market is characterized by dominance from key players such as 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 report delivers an in-depth examination of leading companies in the alcoholic beverages sector, analyzing their performance from 2020 to 2024. The results indicate changes in market share, emphasizing both established leaders and new entrants.

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
Market Segmentation
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
Company Shares Analysis
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
Research Methodology
Disclaimer

FIGURES AND TABLES
Table Latin America Alcoholic Beverages Market 2020-2030
Chart Latin America Alcoholic Beverages Market, Net Growth, 2020-2030
Chart Latin America Alcoholic Beverages Market, Growth Rates, 2020-2030
Table Latin America Alcoholic Beverages Market by Product, 2020-2030
Chart Latin America Alcoholic Beverages Market by Product, CAGR Historic and Forecast, 2020-2030
Chart Latin America Alcoholic Beverages Market by Product, 2020-2030
Table Latin America Alcoholic Beverages Market by Packaging Type, 2020-2030
Chart Latin America Alcoholic Beverages Market by Packaging Type, CAGR Historic and Forecast, 2020-2030
Chart Latin America Alcoholic Beverages Market by Packaging Type, 2020-2030
Table Latin America Alcoholic Beverages Market by Distribution Channel, 2020-2030
Chart Latin America Alcoholic Beverages Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Latin America Alcoholic Beverages Market by Distribution Channel, 2020-2030
Table Latin America Alcoholic Beverages Market by Country, 2020-2030
Chart Latin America Alcoholic Beverages Market by Country, CAGR Historic and Forecast, 2020-2030
Chart Latin America Alcoholic Beverages Market by Country, 2020-2030
Table Latin America Alcoholic Beverages Market Share (%), by Companies, 2020-2024
Chart Latin America Alcoholic Beverages Market, by Companies, 2024
Table Latin America Alcoholic Beverages Market Share (%), by Brands, 2020-2024
Chart Latin America Alcoholic Beverages 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 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