Anticipated trends indicate that the Latin America soft drinks market will achieve incremental growth of USD 59.1 billion, translating to a compound annual growth rate (CAGR) of around 5.3% during the forecast period of 2024 to 2029. 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.
The report offers a comprehensive evaluation of the Latin America soft drinks market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as product type, type, packaging, distribution channel and country. This comprehensive evaluation aids in identifying the growth potential within the soft drinks industry.
Market Segmentation
The Latin America soft drinks market is classified into the following segments:
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 segmentation of the Latin America soft drinks market product type, type, packaging, distribution channel and country. By product type, the market features bottled water, carbonated soft drinks, concentrates, juices, RTD coffee, RTD tea, energy drinks, and sports drinks. Type segments encompass regular, and low- and no-sugar soft drinks. Packaging segments comprise 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 includes Argentina, Brazil, Chile, Colombia, Mexico and others.
Competitive Landscape
Prominent players in the soft drinks market include 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.
This analysis offers a comprehensive overview of the main players in the soft drinks market, evaluating their performance trends from 2019 to 2023. Key findings illustrate shifts in market share, identifying both dominant firms and rising competitors.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Latin America soft drinks market.
Gain in-depth analysis and forecasts for the key segments of the Latin America soft drinks market: product type, type, packaging, distribution channel and country.
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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
Report Scope
Research Methodology
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
Disclaimer
FIGURES AND TABLES
Table Latin America Soft Drinks Market 2019-2029
Chart Latin America Soft Drinks Market, Net Growth, 2019-2029
Chart Latin America Soft Drinks Market, Growth Rates, 2019-2029
Table Latin America Soft Drinks Market by Product Type, 2019-2029
Chart Latin America Soft Drinks Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Latin America Soft Drinks Market by Product Type, 2019-2029
Table Latin America Soft Drinks Market by Type, 2019-2029
Chart Latin America Soft Drinks Market by Type, CAGR Historic and Forecast, 2019-2029
Chart Latin America Soft Drinks Market by Type, 2019-2029
Table Latin America Soft Drinks Market by Packaging, 2019-2029
Chart Latin America Soft Drinks Market by Packaging, CAGR Historic and Forecast, 2019-2029
Chart Latin America Soft Drinks Market by Packaging, 2019-2029
Table Latin America Soft Drinks Market by Distribution Channel, 2019-2029
Chart Latin America Soft Drinks Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Latin America Soft Drinks Market by Distribution Channel, 2019-2029
Table Latin America Soft Drinks Market by Country, 2019-2029
Chart Latin America Soft Drinks Market by Country, CAGR Historic and Forecast, 2019-2029
Chart Latin America Soft Drinks Market by Country, 2019-2029
Table Latin America Soft Drinks Market Share (%), by Companies, 2019-2023
Chart Latin America Soft Drinks Market, by Companies, 2023
Table Latin America Soft Drinks Market Share (%), by Brands, 2019-2023
Chart Latin America Soft Drinks 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 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