Latin America Soft Drinks Market 2025

The Latin America soft drinks market is anticipated to witness significant growth, with an expected uptick of USD 72.6 billion, equating to a CAGR of about 5.8% in the coming years. 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.

This report presents a detailed analysis of the Latin America soft drinks market, offering six years of historical market size data and growth trends, as well as forward-looking estimates through 2030. It explores category-specific and subcategory dynamics, with a sharp focus on developments across product type, type, packaging, distribution channel and country.

Market Segmentation

The Latin America soft drinks market is structured as follows:
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, discounters, e-commerce, food and drinks stores, forecourts, general merchandise stores, hypermarkets, small grocery stores, supermarkets, vending, warehouse clubs, others
Country: Argentina, Brazil, Chile, Colombia, Mexico, others

The Latin America soft drinks market is categorized by 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 segmentation includes regular, and low- and no-sugar soft drinks. Packaging segments consist of flexible packaging, glass bottles, liquid cartons, metal cans, plastic bottles, and others. Distribution channel segmentation comprises convenience stores, discounters, e-commerce, food and drinks stores, forecourts, general merchandise stores, hypermarkets, small grocery stores, supermarkets, vending, warehouse clubs, and others. Geographically, the market is divided into Argentina, Brazil, Chile, Colombia, Mexico and others.

Competitive Landscape

The report highlights leading companies in the soft drinks market, including AB InBev, Agua Planeta Azul S.A., AJE Group, Britvic PLC, cbc Group, Cimes ChP, Compania Cervecerias Unidas S.A., Consorcio Aga S.A. de C.V., Cooperativa Pascual S.C.L., Danone S.A., Dr Pepper Snapple Group, El Jumillano S.A., Embotelladora de Sula S.A., Fabrica De Bebidas Gaseosas Salvavidas S.A., Grupo Gepp S.A.P.I. de C.V., Grupo Jumex S.A. de C.V., Heineken N.V., Houchens Industries Inc, MINALBA BRASIL, Monster Beverage Corporation, Nestle S.A., PepsiCo Inc., POSTOBON S.A., Pritty S.A., Quala S.A., Red Bull GmbH, REFRES NOW S.A., Somos Industrias San Miguel (ISM), Tesalia Springs Company, The Coca-Cola Company, Unilever PLC and Watt’s S.A.

The report provides a detailed assessment of prominent companies within the soft drinks market, tracking their performance from 2020 to 2024. Insights reveal fluctuations in market share, highlighting both veteran leaders and emerging players.

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.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Latin America soft drinks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
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.
A single unlimited user license within the same organization, with no additional charges for extra users.

Table of Contents

TABLE OF CONTENTS
Key Findings
Market Segmentation
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
Company Shares Analysis
AB InBev
Agua Planeta Azul, S.A.
AJE Group
Britvic PLC
cbc Group
Cimes ChP
Compania Cervecerias Unidas S.A.
Consorcio Aga, S.A. de C.V.
Cooperativa Pascual, S.C.L.
…
Macroeconomic Data and Forecast
Research Methodology
Disclaimer

FIGURES AND TABLES
Table Latin America Soft Drinks Market 2020-2030
Chart Latin America Soft Drinks Market, Net Growth, 2020-2030
Chart Latin America Soft Drinks Market, Growth Rates, 2020-2030
Table Latin America Soft Drinks Market by Product Type, 2020-2030
Chart Latin America Soft Drinks Market by Product Type, CAGR Historic and Forecast, 2020-2030
Chart Latin America Soft Drinks Market by Product Type, 2020-2030
Table Latin America Soft Drinks Market by Type, 2020-2030
Chart Latin America Soft Drinks Market by Type, CAGR Historic and Forecast, 2020-2030
Chart Latin America Soft Drinks Market by Type, 2020-2030
Table Latin America Soft Drinks Market by Packaging, 2020-2030
Chart Latin America Soft Drinks Market by Packaging, CAGR Historic and Forecast, 2020-2030
Chart Latin America Soft Drinks Market by Packaging, 2020-2030
Table Latin America Soft Drinks Market by Distribution Channel, 2020-2030
Chart Latin America Soft Drinks Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Latin America Soft Drinks Market by Distribution Channel, 2020-2030
Table Latin America Soft Drinks Market by Country, 2020-2030
Chart Latin America Soft Drinks Market by Country, CAGR Historic and Forecast, 2020-2030
Chart Latin America Soft Drinks Market by Country, 2020-2030
Table Latin America Soft Drinks Market Share (%), by Companies, 2020-2024
Chart Latin America Soft Drinks Market, by Companies, 2024
Table Latin America Soft Drinks Market Share (%), by Brands, 2020-2024
Chart Latin America Soft Drinks 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 Soft Drinks Market: Spend as a Proportion of GDP (%)
Table Latin America Soft Drinks Market: Consumption per Capita (Population)

Companies Mentioned

AB InBev
Agua Planeta Azul, S.A.
AJE Group
Britvic PLC
cbc Group
Cimes ChP
Compania Cervecerias Unidas S.A.
Consorcio Aga, S.A. de C.V.
Cooperativa Pascual, S.C.L.
Danone S.A.
Dr Pepper Snapple Group
El Jumillano S.A.
Embotelladora de Sula S.A.
Fabrica De Bebidas Gaseosas Salvavidas S.A.
Grupo Gepp, S.A.P.I. de C.V.
Grupo Jumex, S.A. de C.V.
Heineken N.V.
Houchens Industries Inc
MINALBA BRASIL
Monster Beverage Corporation
Nestle S.A.
PepsiCo, Inc.
POSTOBON S.A.
Pritty S.A.
Quala S.A.
Red Bull GmbH
REFRES NOW S.A.
Somos Industrias San Miguel (ISM)
Tesalia Springs Company
The Coca-Cola Company
Unilever PLC
Watt’s S.A.