Reports
Sale
Latin America Liquor Market Size, Share, Trends, Growth: By Type: Tequila, Whiskey, Vodka, Rum, Brandy, Gin; By Distribution Channel: Supermarkets and Hypermarkets, Speciality Stores, Convenience Stores, Online, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
Latin America Liquor Market Size
The Latin America liquor market is projected to grow at a CAGR of 2.7% between 2024 and 2032. Aided by the growth of the drinking culture, the market is expected to witness significant growth in the forecast period.
Latin America Liquor Market Outlook
- Brandy is expected to constitute a major portion of the liquor market share in Latin America.
- Brazil and Mexico are expected to remain the leading regions for liquor consumption over the forecast period.
- Rising popularity of salty flavours is expected to contribute to the market growth.
Latin America Liquor Market Growth
Sweet and savoury flavours of alcohol are witnessing a surge in popularity among consumers. As health consciousness becomes a key motivating factor for consumers to check their alcohol consumption, the demand for low-alcohol options is expected to witness a significant surge over the forecast period. Besides, major market players are focusing on manufacturing alcoholic beverages, which subvert category norms and enjoy high appeal among both experienced and inexperienced drinkers.
On-trade consumption of liquor and spirits is expected to increase significantly as the demand for high-strength serves prepared by experienced bartenders soars. Salty flavours in whiskeys and rums are expected to garner widespread consumer appeal, thereby driving the demand for unique liquors.
The launch of innovative cocktail flavours in packaged formats is driving consumer demand for liquor. This is because the incorporation of natural ingredients into liquors boosts their health profile among mindful consumers and facilitates off-trade consumption. Premium canned drinks containing a lower number of calories are becoming increasingly popular among consumers as they facilitate weight loss while delivering familiar notes of flavour, which enhances consumer satisfaction.
Latin America Liquor Industry Segmentation
Latin America Liquor Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
- Tequila
- Whiskey
- Vodka
- Rum
- Brandy
- Gin
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Speciality Stores
- Convenience Stores
- Online
- Others
Market Breakup by Country
- Brazil
- Mexico
- Argentina
- Colombia
- Chile
- Peru
- Bolivia
- Uruguay
- Paraguay
- Guatemala
- Panama
- Others
Latin America Liquor Market Share
Based on distribution channel, the market is divided into supermarkets and hypermarkets, speciality stores, convenience stores, and online, among others. Rising smartphone penetration and internet accessibility rates are expected to drive the growth of online distribution channels for purchasing liquors. This can also boost consumer’s access to a wide variety of liquors from different regions.
Leading Companies in the Latin America Liquor Market
The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers and acquisitions, investments, and capacity expansion.
- Diageo Plc (Casamigos)
- Bacardi Limited
- Beam Suntory Inc.
- Pernod Ricard S.A.
- Constellation Brands, Inc.
- Proximo Spirits, Inc.
- Dictador
- Industria Licorera de Caldas
- Hotaling & Co.
- Pisco Capurro
- Cartavio Rum Company
- Others
Major market players are enhancing their presence in key regions like Brazil and Mexico to drive sales and enhance their revenue growth.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by Distribution Channel |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Latin America Liquor Market Overview
8.1 Key Industry Highlights
8.2 Latin America Liquor Historical Market (2018-2023)
8.3 Latin America Liquor Market Forecast (2024-2032)
8.4 Latin America Liquor Market by Type
8.4.1 Tequila
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Whiskey
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Vodka
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Rum
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Brandy
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Gin
8.4.6.1 Historical Trend (2018-2023)
8.4.6.2 Forecast Trend (2024-2032)
8.5 Latin America Liquor Market by Distribution Channel
8.5.1 Supermarkets and Hypermarkets
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Speciality Stores
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Convenience Stores
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Online
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Others
8.6 Latin America Liquor Market by Country
8.6.1 Brazil
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Mexico
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Argentina
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Colombia
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Chile
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.6.6 Peru
8.6.6.1 Historical Trend (2018-2023)
8.6.6.2 Forecast Trend (2024-2032)
8.6.7 Bolivia
8.6.7.1 Historical Trend (2018-2023)
8.6.7.2 Forecast Trend (2024-2032)
8.6.8 Uruguay
8.6.8.1 Historical Trend (2018-2023)
8.6.8.2 Forecast Trend (2024-2032)
8.6.9 Paraguay
8.6.9.1 Historical Trend (2018-2023)
8.6.9.2 Forecast Trend (2024-2032)
8.6.10 Guatemala
8.6.10.1 Historical Trend (2018-2023)
8.6.10.2 Forecast Trend (2024-2032)
8.6.11 Panama
8.6.11.1 Historical Trend (2018-2023)
8.6.11.2 Forecast Trend (2024-2032)
8.6.12 Others
9 Market Dynamics
9.1 SWOT Analysis
9.1.1 Strengths
9.1.2 Weaknesses
9.1.3 Opportunities
9.1.4 Threats
9.2 Porter’s Five Forces Analysis
9.2.1 Supplier’s Power
9.2.2 Buyers Powers
9.2.3 Threat of New Entrants
9.2.4 Degree of Rivalry
9.2.5 Threat of Substitutes
9.3 Key Indicators for Demand
9.4 Key Indicators for Price
10 Value Chain Analysis
11 Trade Data Analysis (HS Code – 2208)
11.1 Major Exporting Countries
11.1.1 By Value
11.1.2 By Volume
11.2 Major Importing Countries
11.2.1 By Value
11.2.2 By Volume
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Diageo Plc (Casamigos)
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Bacardi Limited
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Beam Suntory Inc.
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Pernod Ricard S.A.
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Constellation Brands, Inc.
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Proximo Spirits, Inc.
13.2.6.1 Company Overview
13.2.6.2 Product Portfolio
13.2.6.3 Demographic Reach and Achievements
13.2.6.4 Certifications
13.2.7 Dictador
13.2.7.1 Company Overview
13.2.7.2 Product Portfolio
13.2.7.3 Demographic Reach and Achievements
13.2.7.4 Certifications
13.2.8 Industria Licorera de Caldas
13.2.8.1 Company Overview
13.2.8.2 Product Portfolio
13.2.8.3 Demographic Reach and Achievements
13.2.8.4 Certifications
13.2.9 Hotaling & Co.
13.2.9.1 Company Overview
13.2.9.2 Product Portfolio
13.2.9.3 Demographic Reach and Achievements
13.2.9.4 Certifications
13.2.10 Pisco Capurro
13.2.10.1 Company Overview
13.2.10.2 Product Portfolio
13.2.10.3 Demographic Reach and Achievements
13.2.10.4 Certifications
13.2.11 Cartavio Rum Company
13.2.11.1 Company Overview
13.2.11.2 Product Portfolio
13.2.11.3 Demographic Reach and Achievements
13.2.11.4 Certifications
13.2.12 Others
14 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Latin America Liquor Market: Key Industry Highlights, 2018 and 2032
2. Latin America Liquor Historical Market: Breakup by Type (USD Million), 2018-2023
3. Latin America Liquor Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Latin America Liquor Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
5. Latin America Liquor Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
6. Latin America Liquor Historical Market: Breakup by Country (USD Million), 2018-2023
7. Latin America Liquor Market Forecast: Breakup by Country (USD Million), 2024-2032
8. Major Exporting Countries by Value
9. Major Importing Countries by Value
10. Major Exporting Countries by Volume
11. Major Importing Countries by Volume
12. Latin America Liquor Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 2.7% between 2024 and 2032.
The different distribution channels in the market include supermarkets and hypermarkets, speciality stores, convenience stores, and online, among others.
The different liquor types considered in the market report are tequila, whiskey, vodka, rum, brandy, and gin.
The major countries in the market include Brazil, Mexico, Argentina, Colombia, Chile, Peru, Bolivia, Uruguay, Paraguay, Guatemala, and Panama, among others.
The key market players are Diageo Plc (Casamigos), Bacardi Limited, Beam Suntory Inc., Pernod Ricard S.A., Constellation Brands, Inc., Proximo Spirits, Inc., Dictador, Industria Licorera de Caldas, Hotaling & Co., Pisco Capurro, and Cartavio Rum Company, among others.
Purchase Options 10% off
Call us
Purchase Full Report
Datasheet
$ 2199
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$ 3299
$2999
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$ 4399
$3999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$ 5499
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER