The Latin America tea market is poised for steady growth, with an expected increase of USD 2.4 billion, reflecting a compound annual growth rate (CAGR) of approximately 9% from 2024 to 2029. The tea market in Latin America is expanding as consumers embrace tea as a healthier alternative to sugary beverages. A growing middle class is fueling demand for premium and specialty teas, while the introduction of herbal and fruit-infused teas caters to evolving taste preferences. Regional tea-producing countries are also investing in exports, enhancing the market’s dynamics.
The report delivers an in-depth analysis of the Latin America tea industry, offering extensive market data such as historical market size, growth trajectories, and forward-looking projections. It thoroughly examines key market categories and subcategories, emphasizing critical elements like product type, packaging, distribution channel and country. By offering this detailed analysis, the report assists in uncovering the untapped potential of the tea market.
Market Segmentation
The following outlines the segmentation of the Latin America tea market:
Product type: black tea, fruit & herbal tea, green tea, others
Packaging: flexible packaging, paper containers, others (glass, metal, etc.)
Distribution channel: convenience stores, supermarkets and hypermarkets, discounters, warehouse clubs, grocery stores, foodservice channels, e-commerce, others
Country: Argentina, Brazil, Chile, Colombia, Mexico, others
The Latin America tea market is segmented by product type, packaging, distribution channel and country. The categorization of the market by product type includes black tea, fruit & herbal tea, green tea, and others. Packaging segments are divided into flexible packaging, paper containers, and others (glass, metal, etc.). Distribution channel segmentation includes convenience stores, supermarkets and hypermarkets, discounters, warehouse clubs, grocery stores, foodservice channels, e-commerce, and others. Geographically, the market encompasses Argentina, Brazil, Chile, Colombia, Mexico and others.
Competitive Landscape
Key players in the Latin America tea market include The Coca-Cola Company, Cambiaso Hnos S.A.C, INDUSTRIAS ALIMENTICIAS MARATA LTDA, Dr. August Oetker, Cafes La Virginia S.A., Lipton Teas and Infusions, Establecimiento Las Marias S.A.C.I.F.A, Corporacion Alimentaria Suiza S.A.C., HANSA Ltda., ICB S.A., McCormick & Company, AGRICOLA HIMALAYA SA, Manzanilla La Pastora S.A. de C.V., JDE Peet’s N.V., Empacadora Therbal S.A. de C.V., Associated British Foods plc, Manza-Tede C.A.S.A., CACHAMAI SAICFI, J. LLORENTE Y CIA. S.A., General Mills Inc., CasaLuker S.A., Agencias Benedicto Wong S.A., MJF Holdings Limited, INSTITUTO BOTANICO LA SELVA S.R.L., The Hain Celestial Group Inc., Grupo Nutresa S.A., INPROAL S.R.L., Laboratorios Pharmamerican S.R.L., PLANTAS MEDICINALES SAN IDELFONSO S.A. DE C.V. and SAROSO S.A.
This report delivers an in-depth examination of leading companies in the tea sector, analyzing their performance from 2019 to 2023. 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 tea market.
Gain in-depth analysis and forecasts for the key segments of the Latin America tea market: product type, packaging, distribution channel and country.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Latin America tea market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Latin America tea 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 Tea Market – Product Type Analysis
Latin America Tea Market – Packaging Analysis
Latin America Tea Market – Distribution Channel Analysis
Latin America Tea Market – Country Analysis
Key Players and Market Share
– The Coca-Cola Company
– Cambiaso Hnos S.A.C
– INDUSTRIAS ALIMENTICIAS MARATA LTDA
– Dr. August Oetker
– Cafes La Virginia S.A.
– Lipton Teas and Infusions
– Establecimiento Las Marias S.A.C.I.F.A
– Corporacion Alimentaria Suiza S.A.C.
– HANSA Ltda.
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Latin America Tea Market 2019-2029
Chart Latin America Tea Market, Net Growth, 2019-2029
Chart Latin America Tea Market, Growth Rates, 2019-2029
Table Latin America Tea Market by Product Type, 2019-2029
Chart Latin America Tea Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Latin America Tea Market by Product Type, 2019-2029
Table Latin America Tea Market by Packaging, 2019-2029
Chart Latin America Tea Market by Packaging, CAGR Historic and Forecast, 2019-2029
Chart Latin America Tea Market by Packaging, 2019-2029
Table Latin America Tea Market by Distribution Channel, 2019-2029
Chart Latin America Tea Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Latin America Tea Market by Distribution Channel, 2019-2029
Table Latin America Tea Market by Country, 2019-2029
Chart Latin America Tea Market by Country, CAGR Historic and Forecast, 2019-2029
Chart Latin America Tea Market by Country, 2019-2029
Table Latin America Tea Market Share (%), by Companies, 2019-2023
Chart Latin America Tea Market, by Companies, 2023
Table Latin America Tea Market Share (%), by Brands, 2019-2023
Chart Latin America 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 Tea Market: Spend as a Proportion of GDP (%)
Table Latin America Tea Market: Consumption per Capita (Population)
Companies Mentioned
The Coca-Cola Company
Cambiaso Hnos S.A.C
INDUSTRIAS ALIMENTICIAS MARATA LTDA
Dr. August Oetker
Cafes La Virginia S.A.
Lipton Teas and Infusions
Establecimiento Las Marias S.A.C.I.F.A
Corporacion Alimentaria Suiza S.A.C.
HANSA Ltda.
ICB S.A.
McCormick & Company
AGRICOLA HIMALAYA SA
Manzanilla La Pastora, S.A. de C.V.
JDE Peet’s N.V.
Empacadora Therbal S.A. de C.V.
Associated British Foods plc
Manza-Tede C.A.S.A.
CACHAMAI SAICFI
J. LLORENTE Y CIA. S.A.
General Mills, Inc.
CasaLuker S.A.
Agencias Benedicto Wong, S.A.
MJF Holdings Limited
INSTITUTO BOTANICO LA SELVA S.R.L.
The Hain Celestial Group, Inc.
Grupo Nutresa S.A.
INPROAL S.R.L.
Laboratorios Pharmamerican S.R.L.
PLANTAS MEDICINALES SAN IDELFONSO, S.A. DE C.V.
SAROSO, S.A.