The beer in Latin America market size is projected to grow by USD 134.1 billion from 2024 to 2029, registering a CAGR of 11.6 percent, according to the latest market data. Craft breweries have revolutionized the beer industry by offering a vast array of flavors. Unlike the past dominance of mass-produced beers, consumers now relish diverse styles like ales, lagers, and specialty options boasting intricate aromas and tastes. Innovative marketing has further shifted perceptions, promoting beer as an immersive experience, not just an intoxicant. Breweries are crafting unique flavors, employing artistic packaging, and creating social spaces to showcase their products, establishing beer as a culinary companion, potentially replacing distilled spirits in this role.
This report presents a detailed overview of the Latin America beer industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like product type, category, packaging, distribution channel, and country. This detailed analysis supports the identification of growth opportunities within the beer industry.
Market Segmentation
The beer market in Latin America is structured as follows:
Product type: ale, stout, weissbier, lager, non-alcoholic beer
Category: craft beer, regular beer
Packaging: glass bottles, aluminum cans, others
Distribution channel: foodservice channels, convenience stores, supermarkets and hypermarkets, specialty stores, small grocery stores, e-commerce, others
Country: Argentina, Brazil, Chile, Colombia, Mexico, others
The Latin America beer market is segmented on the basis of product type, category, packaging, distribution channel, and country. On the basis of product type, the beer market in Latin America has been segmented into ale, stout, weissbier, lager, and non-alcoholic beer. By category, the beer market in Latin America has been segmented into craft beer, and regular beer. Based on packaging, the beer market in Latin America is categorized into glass bottles, aluminum cans, and others. On the basis of distribution channel, the beer market in Latin America has been segmented into foodservice channels, convenience stores, supermarkets and hypermarkets, specialty stores, small grocery stores, e-commerce, and others. Geographically, the beer market in Latin America is segmented into Argentina, Brazil, Chile, Colombia, Mexico, and others.
Competitive Landscape
The Latin America beer market is highly competitive. The leading players in the beer market include AB InBev, Cerveceria Centro Americana S.A., Cervejaria Petropolis S/A, Compania Cervecerias Unidas S.A., Empresas Polar C.A., Heineken N.V., Mahou-San Miguel Group, Molson Coors Beverage Company, St. Wendeler Brauereihaus, Vina Concha Y Toro S.A.
This report provides a thorough assessment of the Latin America beer market, examining the performance of leading players from 2019 to 2023. The analysis offers critical information on market share dynamics, pinpointing dominant incumbents as well as rising challengers. Leveraging this data enables companies to refine their strategies, seize growth opportunities, and sustain competitive advantage in an increasingly dynamic market environment.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Latin America beer market.
Gain deep insights into the dynamics of the Latin America beer market.
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Anticipate the future trajectory of the Latin America beer market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
Table of Contents
TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewLatin America beer market – product type analysis
Latin America beer market – category analysis
Latin America beer market – packaging analysis
Latin America beer market – distribution channel analysis
Latin America beer market – country analysis
Key players and market share
– AB InBev
– Cerveceria Centro Americana S.A.
– Cervejaria Petropolis S/A
– Compania Cervecerias Unidas S.A.
– Empresas Polar, C.A.
…
Macroeconomic data and forecast
Disclaimer
FIGURES AND TABLES
Table Latin America beer market 2019-2029
Chart Latin America beer market, net growth, 2019-2029
Chart Latin America beer market, growth rates, 2019-2029
Table Latin America beer market by product type, 2019-2029
Chart Latin America beer market by product type, CAGR historic and forecast, 2019-2029
Chart Latin America beer market by product type, 2019-2029
Table Latin America beer market by category, 2019-2029
Chart Latin America beer market by category, CAGR historic and forecast, 2019-2029
Chart Latin America beer market by category, 2019-2029
Table Latin America beer market by packaging, 2019-2029
Chart Latin America beer market by packaging, CAGR historic and forecast, 2019-2029
Chart Latin America beer market by packaging, 2019-2029
Table Latin America beer market by distribution channel, 2019-2029
Chart Latin America beer market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Latin America beer market by distribution channel, 2019-2029
Table Latin America beer market by country, 2019-2029
Chart Latin America beer market by country, CAGR historic and forecast, 2019-2029
Chart Latin America beer market by country, 2019-2029
Table Latin America beer market share (%), by companies, 2019-2023
Chart Latin America beer market, by companies, 2023
Table Latin America beer market share (%), by brands, 2019-2023
Chart Latin America beer 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 beer market: spend as a proportion of GDP (%)
Table Latin America beer market: consumption per capita (population)