Latin America Black Tea Market 2024

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The Latin America black tea market is projected to show slight growth, anticipated to rise from USD 1,094.0 million in 2023 to USD 1,190.6 million by 2029, reflecting a compound annual growth rate (CAGR) of 1.4% during the period from 2024 to 2029. In Latin America, the black tea market is experiencing steady growth, with increasing awareness of the beverage’s health benefits as a key driver. Countries like Brazil and Argentina, traditionally more focused on yerba mate and coffee, are gradually embracing black tea as a healthy alternative, particularly among health-conscious consumers. The rise of the wellness trend and the preference for low-sugar, antioxidant-rich beverages are shaping demand. Additionally, the increasing availability of premium, flavored black tea options in supermarkets and specialty stores is attracting a younger, more adventurous demographic eager to explore new tastes and experiences.

This report presents key market data on the Latin America black tea market, including historical performance, growth trends, and future outlooks. It covers various market segments and sub-segments, focusing on important factors like product type, type, distribution channel and country.


Market Segmentation


The Latin America black tea market is categorized into the following segments:
Product type: loose leaf black tea, black tea bags
Type: organic black tea, regular black tea
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 black tea market product type, type, distribution channel and country. By product type, it includes loose leaf black tea, and black tea bags. Type segments encompass organic black tea, and regular black tea. 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


The market features leading players such as MJF Holdings Limited, McCormick & Company, Manzanilla La Pastora S.A. de C.V., Lipton Teas and Infusions, JDE Peet’s N.V., J. LLORENTE Y CIA. S.A., INDUSTRIAS LIDER LTDA, ICB S.A., HANSA Ltda., Establecimiento Las Marias S.A.C.I.F.A, Corporacion Alimentaria Suiza S.A.C., Cambiaso Hnos S.A.C, Cafes La Virginia S.A., Cabrales S.A., Associated British Foods plc, AGRICOLA HIMALAYA SA and 10 Hermanos de Hrenuk S.A.

This comprehensive report analyzes the performance of leading companies in the black tea 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 black tea market.
Gain in-depth analysis and forecasts for the key segments of the Latin America black tea market: product type, type, distribution channel and country.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Latin America black tea market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.


Table of Contents


TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Latin America Black Tea Market – Product Type Analysis
Latin America Black Tea Market – Type Analysis
Latin America Black Tea Market – Distribution Channel Analysis
Latin America Black Tea Market – Country Analysis
Key Players and Market Share
– MJF Holdings Limited
– McCormick & Company
– Manzanilla La Pastora, S.A. de C.V.
– Lipton Teas and Infusions
– JDE Peet’s N.V.
– J. LLORENTE Y CIA. S.A.
– INDUSTRIAS LIDER LTDA
– ICB S.A.
– HANSA Ltda.

Macroeconomic Data and Forecast
Disclaimer

FIGURES AND TABLES
Table Latin America Black Tea Market 2019-2029
Chart Latin America Black Tea Market, Net Growth, 2019-2029
Chart Latin America Black Tea Market, Growth Rates, 2019-2029
Table Latin America Black Tea Market by Product Type, 2019-2029
Chart Latin America Black Tea Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Latin America Black Tea Market by Product Type, 2019-2029
Table Latin America Black Tea Market by Type, 2019-2029
Chart Latin America Black Tea Market by Type, CAGR Historic and Forecast, 2019-2029
Chart Latin America Black Tea Market by Type, 2019-2029
Table Latin America Black Tea Market by Distribution Channel, 2019-2029
Chart Latin America Black Tea Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Latin America Black Tea Market by Distribution Channel, 2019-2029
Table Latin America Black Tea Market by Country, 2019-2029
Chart Latin America Black Tea Market by Country, CAGR Historic and Forecast, 2019-2029
Chart Latin America Black Tea Market by Country, 2019-2029
Table Latin America Black Tea Market Share (%), by Companies, 2019-2023
Chart Latin America Black Tea Market, by Companies, 2023
Table Latin America Black Tea Market Share (%), by Brands, 2019-2023
Chart Latin America Black Tea 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 Black Tea Market: Spend as a Proportion of GDP (%)
Table Latin America Black Tea Market: Consumption per Capita (Population)


Companies Mentioned


MJF Holdings Limited
McCormick & Company
Manzanilla La Pastora, S.A. de C.V.
Lipton Teas and Infusions
JDE Peet’s N.V.
J. LLORENTE Y CIA. S.A.
INDUSTRIAS LIDER LTDA
ICB S.A.
HANSA Ltda.
Establecimiento Las Marias S.A.C.I.F.A
Corporacion Alimentaria Suiza S.A.C.
Cambiaso Hnos S.A.C
Cafes La Virginia S.A.
Cabrales S.A.
Associated British Foods plc
AGRICOLA HIMALAYA SA
10 Hermanos de Hrenuk S.A.


Product Type

Databook

Region

Latin America

Published Date

2024

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