Latin America Tea Market 2024

$ 1,275

Description


Market Overview

Tea stands as the second most consumed beverage worldwide, second only to water, with a solid presence in markets across different continents. The tea market in Latin America was valued at USD 2,049 million in 2023 to USD 3,487 million by 2029, progressing at a CAGR of 9.4% from 2024 to 2029, according to the latest market study results.

The report provides a comprehensive overview of the Latin America tea industry, covering a study of the key players operating in the market. It includes an analysis of market segments and sub-segments, taking into consideration factors such as product type, packaging, distribution channel, and country. By examining these aspects, the report offers valuable insights into the potential of the tea industry. Moreover, the report presents statistical information, including market size, market share, growth rate, and forecasts specifically tailored to the tea industry. This data-driven analysis equips industry professionals with the necessary information to assess the current market landscape, make well-informed decisions, and identify growth opportunities within the sector.


Market Segmentation

The tea market in Latin America is segmented as below:
Product type: black tea, fruit & herbal tea, green tea, and others
Packaging: flexible packaging, paper containers, and others (glass, metal, etc.)
Distribution channel: convenience stores, supermarkets and hypermarkets, specialty stores, small grocery stores, e-commerce, and others
Country: Argentina, Brazil, Chile, Colombia, Mexico, and others

The Latin America tea market is segmented on the basis of product type, packaging, distribution channel, and country. On the basis of product type, the tea market in Latin America has been segmented into black tea, fruit & herbal tea, green tea, and others. By packaging, the tea market in Latin America has been segmented into flexible packaging, paper containers, and others (glass, metal, etc.). Based on distribution channel, the tea market in Latin America is categorized into convenience stores, supermarkets and hypermarkets, specialty stores, small grocery stores, e-commerce, and others. Geographically, the tea market in Latin America is segmented into Argentina, Brazil, Chile, Colombia, Mexico, and others.


Competitive Landscape

The Latin America tea market is highly competitive. The leading players in the tea market include Agencias Benedicto Wong S.A., AGRICOLA HIMALAYA SA, Associated British Foods plc, CACHAMAI SAICFI, Cafes La Virginia S.A., Cambiaso Hnos S.A.C, CasaLuker S.A., Congrupo s.a., Corporacion Alimentaria Suiza S.A.C., Dr. August Oetker, Empacadora Therbal S.A. de C.V., Establecimiento Las Marias S.A.C.I.F.A, General Mills Inc., Grupo Nutresa S.A., HANSA Ltda., ICB S.A., INDUSTRIAS ALIMENTICIAS MARATA LTDA, INPROAL S.R.L., INSTITUTO BOTANICO LA SELVA S.R.L., J. LLORENTE Y CIA. S.A., JDE Peet’s N.V., Laboratorios Pharmamerican S.R.L., Lipton Teas and Infusions, Manzanilla La Pastora S.A. de C.V., Manza-Tede C.A.S.A., McCormick & Company, MJF Holdings Limited, PLANTAS MEDICINALES SAN IDELFONSO S.A. DE C.V., Royal Tea S.A. De C.V., SAROSO S.A., The Coca-Cola Company, The Hain Celestial Group Inc.

The report is an indispensable tool for companies and organizations operating in the tea industry. It offers a comprehensive overview of the market, empowering industry executives, policy makers, academics, and analysts to make well-informed decisions. The report provides valuable insights and analysis, presenting a cohesive and detailed perspective on the tea market.


Why Buy This Report?

Provide statistical data or estimations for the Latin America tea market
Gain a comprehensive understanding of the tea market in Latin America
Identify promising investment opportunities by pinpointing growth sectors and emerging trends
Understand what the future of the tea market in Latin America looks like
Analyze the competitive landscape and identify the optimal timing for seizing opportunities


Table of Contents

TABLE OF CONTENTS
FIGURES AND TABLES
1. Scope and Methodology
1.1 Key Findings
1.2 Report Scope
1.3 Research Methodology
2. Market Overview
3. Latin America Tea Market – Product Type Analysis
3.1 Black tea
3.2 Fruit & herbal tea
3.3 Green tea
3.4 Others
4. Latin America Tea Market – Packaging Analysis
4.1 Flexible packaging
4.2 Paper containers
4.3 Others (glass, metal, etc.)
5. Latin America Tea Market – Distribution Channel Analysis
5.1 Convenience stores
5.2 Supermarkets and hypermarkets
5.3 Specialty stores
5.4 Small grocery stores
5.5 E-commerce
5.6 Others
6. Latin America Tea Market – Country Analysis
6.1 Argentina
6.2 Brazil
6.3 Chile
6.4 Colombia
6.5 Mexico
6.6 Others
7. Company Profiles
7.1 Agencias Benedicto Wong, S.A.
7.2 AGRICOLA HIMALAYA SA
7.3 Associated British Foods plc
7.4 CACHAMAI SAICFI
7.5 Cafes La Virginia S.A.
7.6 Cambiaso Hnos S.A.C
7.7 CasaLuker S.A.
7.8 Congrupo s.a.
7.9 Corporacion Alimentaria Suiza S.A.C.
7.10 Dr. August Oetker
7.11 Empacadora Therbal S.A. de C.V.
7.12 Establecimiento Las Marias S.A.C.I.F.A
7.13 General Mills, Inc.
7.14 Grupo Nutresa S.A.
7.15 HANSA Ltda.
7.16 ICB S.A.
7.17 INDUSTRIAS ALIMENTICIAS MARATA LTDA
7.18 INPROAL S.R.L.
7.19 INSTITUTO BOTANICO LA SELVA S.R.L.
7.20 J. LLORENTE Y CIA. S.A.
7.21 JDE Peet’s N.V.
7.22 Laboratorios Pharmamerican S.R.L.
7.23 Lipton Teas and Infusions
7.24 Manzanilla La Pastora, S.A. de C.V.
7.25 Manza-Tede C.A.S.A.
7.26 McCormick & Company
7.27 MJF Holdings Limited
7.28 PLANTAS MEDICINALES SAN IDELFONSO, S.A. DE C.V.
7.29 Royal Tea, S.A. De C.V.
7.30 SAROSO, S.A.
7.31 The Coca-Cola Company
7.32 The Hain Celestial Group, Inc.
DISCLAIMER


Companies Mentioned

Agencias Benedicto Wong, S.A.
AGRICOLA HIMALAYA SA
Associated British Foods plc
CACHAMAI SAICFI
Cafes La Virginia S.A.
Cambiaso Hnos S.A.C
CasaLuker S.A.
Congrupo s.a.
Corporacion Alimentaria Suiza S.A.C.
Dr. August Oetker
Empacadora Therbal S.A. de C.V.
Establecimiento Las Marias S.A.C.I.F.A
General Mills, Inc.
Grupo Nutresa S.A.
HANSA Ltda.
ICB S.A.
INDUSTRIAS ALIMENTICIAS MARATA LTDA
INPROAL S.R.L.
INSTITUTO BOTANICO LA SELVA S.R.L.
J. LLORENTE Y CIA. S.A.
JDE Peet’s N.V.
Laboratorios Pharmamerican S.R.L.
Lipton Teas and Infusions
Manzanilla La Pastora, S.A. de C.V.
Manza-Tede C.A.S.A.
McCormick & Company
MJF Holdings Limited
PLANTAS MEDICINALES SAN IDELFONSO, S.A. DE C.V.
Royal Tea, S.A. De C.V.
SAROSO, S.A.
The Coca-Cola Company
The Hain Celestial Group, Inc.


Additional information

Product Type

Industry Statistics

Release Date

June 2024

Base Year

2023

Forecast Period

2024-2029

Market Size

USD 2049 million in 2023

Market Segments

Product Type, Packaging, Distribution Channel, Country

Region

Latin America

No. of Companies Mentioned

32