Latin America Alcoholic Beverage Market (2020-2026) | Size, Share, Revenue, Analysis, Forecast, Trends, industry, Outlook & COVID-19 IMPACT

Market Forecast By Types (Beer, Spirit, Wine), By Packaging (Plastic Bottles, Glass Bottles, Cans), By Distribution Channels (Hypermarkets/Supermarkets, Online Retail Stores, Specialty Stores, Restaurants/Bars), By Countries (Mexico, Brazil, Chile, Argentina & Rest of Latin America) and competitive landscape

Product Code: ETC002364 Publication Date: Mar 2023 Product Type: Report
Publisher: 6Wresearch No. of Pages: 200 No. of Figures: 90 No. of Tables: 30

Latest 2023 Development of the Latin America Alcoholic Beverage Market

Latin America Alcoholic Beverage Market is one of the fastest-growing markets. There is a growing trend towards low- and no-alcohol drinks, as health and wellness concerns continued to shape consumer behaviour. The rise of e-commerce resulted in the increasing popularity of online platforms particularly for direct-to-consumer sales, and there was a growing focus on using technology to enhance the customer experience. Moreover, sustainability was becoming an increasingly important issue in the industry, with companies focusing on reducing their environmental footprint which includes initiatives such as reducing packaging waste, using more sustainable ingredients, and responsible drinking.

Apart from this, the disposable income of consumers in Latin America is increasing, which in turn, drives demand for premium alcoholic beverages in Latin America Alcoholic Beverage Industry. With the growing middle class in Latin America, there is an augmented demand for high-quality alcoholic beverages. Moreover, alcoholic beverage companies are continually acquainting new products and flavours to attract consumers. Furthermore, the growing trend towards healthier lifestyles led consumers to opt for low-alcohol and non-alcoholic beverage options and major companies are responding to this trend by introducing new products to meet changing consumer demands.

Latin America Alcoholic Beverage Market Synopsis

Latin America Alcoholic Beverage Market is anticipated to gain momentum in the global alcoholic beverages market during the forecast period 2020-26F owing to low regulations coupled with low taxes on the sales of alcoholic beverages across the region. The Latin America Alcoholic Beverage market is expected to register a decline in demand during 2020, due to the global pandemic COVID-19, which has led to a complete lockdown during the first half of 2020, resulting in an economic slowdown and a halt in the retail sales of alcohol. However, the market is expected to regain momentum by the first half of 2021, as the disease outbreak registers a slowdown.

According to 6Wresearch, the Latin America Alcoholic Beverage Market size is anticipated to register growth during 2020-2026. Brazil's alcoholic beverage market is expected to register the highest growth rate in the overall Latin America alcoholic beverage market during the forecast period on the back of an increase in discretionary spending along with a substantial increase in the demand for whiskey and wine across the country. Further, an increase in sporting events in the country is further anticipated to enhance the sales of alcoholic beverages in the country.

Latin America, being the second largest in terms of per capita alcohol consumption is witnessing potential demand for alcoholic beverages coupled with a wide range of beverages offered by domestic manufacturers in the developed countries across the region. Moreover, a spur in economic activities across the region along with development in the retail market is expected to trigger market growth for the alcoholic beverage market in Latin America in the near future.

The Latin America Alcoholic Beverage market report thoroughly covers the market by Types, end-users, Packaging, and key countries including Mexico, Brazil, Chile, Argentina, and the Rest of Latin America region The Latin America Alcoholic Beverage market outlook report provides an unbiased and detailed analysis of the on-going Latin America Alcoholic Beverage market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Latin America Alcoholic Beverage Market is forecast to experience potential growth projections during the forecast period 2020-26F on the back of rising sporting events coupled with multiplying growth of the tourism industry across the region which is welcoming a rising number of tourist dine-ins at restaurants and pubs and as a result, the hospitality sector registers an increased demand for alcoholic beverages each year. On the basis of Distribution Channels, hypermarkets and supermarkets are anticipated to register the highest growth rate in the overall Latin America alcoholic beverage market during the projected period owing to rising consumer preference towards store shopping coupled with enhanced living standards and ease of shopping offered by the premium hypermarkets.

Latin America Alcoholic Beverage Market is anticipated to register growth during the projected period 2020-26F on the back of rising consumer preference and sales of premium alcoholic drinks. Moreover, increasing discretionary spending on alcohol in developed countries across the region is expected to propel the alcoholic beverage market in APAC in the coming years. Also, the rising prevalence of the novel coronavirus is anticipated to be another major growth factor to drive the significant revenue growth of the Latin America alcoholic beverage market in the coming years as a result of an increased need for hand sanitizers and the government of the developed and developing economies across the region is instigating the makers of the alcoholic beverages to beef up the production lines as alcohol is an active ingredient used for the preparation of sanitizers to alleviate the entering of the virus into the human system and is anticipated to assist the Latin America alcoholic beverage market gain huge growth potential in the coming timeframe.

Latin America Alcoholic Beverage market is projected to secure tremendous growth during the forecast period 2021-27 backed by the rising popularity of certain renowned drinks of the country internationally such as Mexico offering tequila shots and Brazil's offering Caipirinha. these are the top-selling categories across the region. On the other hand, rising tourist tends to spend more of their income tasting prominent Alcoholic drinks of the country, Therefore, these top-selling countries resulting a positive impact on the market growth and this would strengthen Latin America Alcoholic Beverage Market growth in upcoming six years. Further, craft beer is projected to generate more sales in the alcohol market due to it contains innovation in beer taste has led to attracting a pool of consumers and is expected to bolster the growth of the Latin America Alcoholic Beverage market in the coming timeframe.

Key Highlights of the Report:

  • Latin America Alcoholic Beverage Market Overview
  • Latin America Alcoholic Beverage Market Outlook
  • Latin America Alcoholic Beverage Market Forecast
  • Historical Data of Latin America Alcoholic Beverage Market Revenues & Volume for the Period 2016-2019
  • Latin America Alcoholic Beverage Market Size and Latin America Alcoholic Beverage Market Forecast of Revenues & Volume, Until 2026
  • Historical Data of Latin America Alcoholic Beverage Market Revenues & Volume, By Types, for the Period 2016-2019
  • Market Size & Forecast of Latin America Alcoholic Beverage Market Revenues & Volume, By Types, Until 2026
  • Historical Data of Latin America Alcoholic Beverage Market Revenues & Volume, By Packaging, for the Period 2016-2019
  • Market Size & Forecast of Latin America Alcoholic Beverage Market Revenues & Volume, By Packaging, Until 2026
  • Historical Data of Latin America Alcoholic Beverage Market Revenues & Volume, By Distribution Channels, for the Period 2016-2019
  • Market Size & Forecast of Latin America Alcoholic Beverage Market Revenues & Volume, By Distribution Channels, Until 2026
  • Historical Data of Mexico Alcoholic Beverage Market Revenues & Volume, for the Period 2016-2019
  • Market Size & Forecast of Mexico Alcoholic Beverage Market Revenues & Volume, Until 2026
  • Historical Data of Brazil Alcoholic Beverage Market Revenues & Volume, for the Period 2016-2019
  • Market Size & Forecast of Brazil Alcoholic Beverage Market Revenues & Volume, Until 2026
  • Historical Data of Chile Alcoholic Beverage Market Revenues & Volume, for the Period 2016-2019
  • Market Size & Forecast of Chile Alcoholic Beverage Market Revenues & Volume, Until 2026
  • Historical Data of Argentina Alcoholic Beverage Market Revenues & Volume, for the Period 2016-2019
  • Market Size & Forecast of Argentina Alcoholic Beverage Market Revenues & Volume, Until 2026
  • Historical Data of the rest of Latin America Alcoholic Beverage Market Revenues & Volume, for the Period 2016-2019
  • Market Size & Forecast of rest of Latin America Alcoholic Beverage Market Revenues & Volume, Until 2026
  • Market Drivers and Restraints
  • Latin America Alcoholic Beverage Market Price Trends
  • Latin America Alcoholic Beverage Market Trends and Industry Life Cycle
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment
  • Latin America Alcoholic Beverage Market Share, By Players
  • Latin America Alcoholic Beverage Market Share, By Regions
  • Latin America Alcoholic Beverage Market Overview on Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Markets Covered

The Latin America Alcoholic Beverage Market report provides a detailed analysis of the following market segments:

By Types:

  • Beer
  • Spirit
  • Wine

By Packaging:

  • Plastic Bottles
  • Glass Bottles
  • Cans 

By Distribution Channels:

  • Hypermarkets/Supermarkets
  • Online Retail Stores
  • Specialty Stores
  • Restaurants/Bars 

By Countries:

  • Mexico
  • Brazil
  • Chile
  • Argentina
  • Rest of Latin America
Latin America Alcoholic Beverage Market: FAQs
Increasing disposable income, the introduction of new and innovative products, changing consumer preferences, and growing urbanization.
Beer is the most popular and most-consumed alcoholic beverage in Latin America. Other popular alcoholic beverages are tequila, rum, and whiskey.
High taxation, increasing health concerns, the rising popularity of low-alcohol beverages, and the impact of the COVID-19 pandemic are the major hindrances to the growth of this market.
The pandemic has had a significant impact on the alcoholic beverage market by declining consumption and sales due to the closure of bars, and other establishments.
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1. Executive Summary
2. Introduction
2.1 Report Description
2.2 Key Highlights of The Report
2.6 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3. Europe Alcoholic Beverage Market Overview
3.1 Europe Alcoholic Beverage Market Revenues, 2016-2026F
3.2 Europe Alcoholic Beverage Market Revenue Share, By Types, 2019 & 2026F
3.3 Europe Alcoholic Beverage Market Revenue Share, By Packaging, 2019 & 2026F
3.4 Europe Alcoholic Beverage Market Revenue Share, By Distribution Channels, 2019 & 2026F
3.5 Europe Alcoholic Beverage Market Revenue Share, By Countries, 2019 & 2026F
3.3 Europe Alcoholic Beverage Market Industry Life Cycle
3.7 Europe Alcoholic Beverage Market- Porter’s Five Forces
4. Europe Alcoholic Beverage Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.6 Market Restraints
5. Europe Alcoholic Beverage Market Trends
6. UK Alcoholic Beverage Market Overview
6.1 UK Alcoholic Beverage Market Revenues, 2016-2026F
6.2 UK Alcoholic Beverage Market Overview, By Types
6.2.1 UK Alcoholic Beverage Market Revenues, By Beer, 2016-2026F
6.2.2 UK Alcoholic Beverage Market Revenues, By Spirits, 2016-2026F
6.2.3 UK Alcoholic Beverage Market Revenues, By Wine, 2016-2026F
6.3 UK Alcoholic Beverage Market Overview, By Packaging
6.3.1 UK Alcoholic Beverage Market Revenues, By Tins, 2016-2026F
6.3.2 UK Alcoholic Beverage Market Revenues, By Glass Bottles, 2016-2026F
6.3.3 UK Alcoholic Beverage Market Revenues, By Plastic Bottles, 2016-2026F
6.4 UK Alcoholic Beverage Market Overview, By Distribution Channels
6.4.1 UK Alcoholic Beverage Market Revenues, By Online Retailers, 2016-2026F
6.4.2 UK Alcoholic Beverage Market Revenues, By Specialty Stores, 2016-2026F
6.4.3 UK Alcoholic Beverage Market Revenues, By Hypermarkets/Supermarkets, 2016-2026F
6.4.4 UK Alcoholic Beverage Market Revenues, By Restaurants/Bars, 2016-2026F
7. Spain Alcoholic Beverage Market Overview
7.1 Spain Alcoholic Beverage Market Revenues, 2016-2026F
7.2 Spain Alcoholic Beverage Market Overview, By Types
7.2.1 Spain Alcoholic Beverage Market Revenues, By Beer,  2016-2026F
7.2.2 Spain Alcoholic Beverage Market Revenues, By Spirit, 2016-2026F
7.2.3 Spain Alcoholic Beverage Market Revenues, By Wine, 2016-2026F
7.3 Spain Alcoholic Beverage Market Overview, By Packaging
7.3.1 Spain Alcoholic Beverage Market Revenues, By Tins, 2016-2026F
7.3.2 Spain Alcoholic Beverage Market Revenues, By Glass Bottles, 2016-2026F
7.3.3 Spain Alcoholic Beverage Market Revenues, By Plastic Bottles, 2016-2026F
7.4 Spain Alcoholic Beverage Market Overview, By Distribution Channels
7.4.1 Spain Alcoholic Beverage Market Revenues, By Online Retailers, 2016-2026F
7.4.2 Spain Alcoholic Beverage Market Revenues, By Specialty Stores, 2016-2026F
7.4.3 Spain Alcoholic Beverage Market Revenues, By Hypermarkets/Supermarkets, 2016-2026F
7.4.4 Spain Alcoholic Beverage Market Revenues, By Restaurants/Bars, 2016-2026F
8. France Alcoholic Beverage Market Overview
8.1 France Alcoholic Beverage Market Revenues, 2016-2026F
8.2 France Alcoholic Beverage Market Overview, By Types
8.2.1 France Alcoholic Beverage Market Revenues, By Beer, 2016-2026F
8.2.2 France Alcoholic Beverage Market Revenues, By Spirit,  2016-2026F
8.2.3 France Alcoholic Beverage Market Revenues, By Wine, 2016-2026F
8.3 France Alcoholic Beverage Market Overview, By Packaging
8.3.1 France Alcoholic Beverage Market Revenues, By Tins, 2016-2026F
8.3.2 France Alcoholic Beverage Market Revenues, By Glass Bottles, 2016-2026F
8.3.3 France Alcoholic Beverage Market Revenues, By Plastic Bottles, 2016-2026F
8.4 France Alcoholic Beverage Market Overview, By Distribution Channels
8.4.1 France Alcoholic Beverage Market Revenues, By Online Retailers, 2016-2026F
8.4.2 France Alcoholic Beverage Market Revenues, By Specialty Stores, 2016-2026F
8.4.3 France Alcoholic Beverage Market Revenues, By Hypermarkets/Supermarkets, 2016-2026F
8.4.4 France Alcoholic Beverage Market Revenues, By Restaurants/Bars, 2016-2026F
9. Italy Alcoholic Beverage Market Overview
9.1 Italy Alcoholic Beverage Market Revenues, 2016-2026F
9.2 Italy Alcoholic Beverage Market Overview, By Types
9.2.1 Italy Alcoholic Beverage Market Revenues, By Beer, 2016-2026F
9.2.2 Italy Alcoholic Beverage Market Revenues, By Spirit, 2016-2026F
9.2.3 Italy Alcoholic Beverage Market Revenues, By Wine, 2016-2026F
9.3 Italy Alcoholic Beverage Market Overview, By Packaging
9.3.1 Italy Alcoholic Beverage Market Revenues, By Tins, 2016-2026F
9.3.2 Italy Alcoholic Beverage Market Revenues, By Glass Bottles, 2016-2026F
9.3.3 Italy Alcoholic Beverage Market Revenues, By Plastic Bottles, 2016-2026F
9.4 Italy Alcoholic Beverage Market Overview, By Distribution Channels
9.4.1 Italy Alcoholic Beverage Market Revenues, By Online Retailers, 2016-2026F
9.4.2 Italy Alcoholic Beverage Market Revenues, By Specialty Stores, 2016-2026F
9.4.3 Italy Alcoholic Beverage Market Revenues, By Hypermarkets/Supermarkets, 2016-2026F
9.4.4 Italy Alcoholic Beverage Market Revenues, By Restaurants/Bars, 2016-2026F
10. Germany Alcoholic Beverage Market Overview
10.1 Germany Alcoholic Beverage Market Revenues, 2016-2026F
10.2 Germany Alcoholic Beverage Market Overview, By Types
10.2.1 Germany Alcoholic Beverage Market Revenues, By Beer, 2016-2026F
10.2.2 Germany Alcoholic Beverage Market Revenues, By Spirit, 2016-2026F
10.2.3 Germany Alcoholic Beverage Market Revenues, By Wine, 2016-2026F
10.3 Germany Alcoholic Beverage Market Overview, By Packaging
10.3.1 Germany Alcoholic Beverage Market Revenues, By Tins, 2016-2026F
10.3.2 Germany Alcoholic Beverage Market Revenues, By Glass Bottles, 2016-2026F
10.3.3 Germany Alcoholic Beverage Market Revenues, By Plastic Bottles, 2016-2026F
10.4 Germany Alcoholic Beverage Market Overview, By Distribution Channels
10.4.1 Germany Alcoholic Beverage Market Revenues, By Online Retailers, 2016-2026F
10.4.2 Germany Alcoholic Beverage Market Revenues, By Specialty Stores, 2016-2026F
10.4.3 Germany Alcoholic Beverage Market Revenues, By Hypermarkets/Supermarkets, 2016-2026F
10.4.4 Germany Alcoholic Beverage Market Revenues, By Restaurants/Bars, 2016-2026F
11. Rest of Europe Alcoholic Beverage Market Overview
11.1 Rest of Europe Alcoholic Beverage Market Revenues, 2016-2026F
12. Europe Alcoholic Beverage Market Key Performance Indicators
13. Europe Alcoholic Beverage Market Opportunity Assessment
13.1 Europe Alcoholic Beverage Market Opportunity Assessment, By Types, 2026F
13.2 Europe Alcoholic Beverage Market Opportunity Assessment, By Packaging, 2026F
13.3 Europe Alcoholic Beverage Market Opportunity Assessment, By Distribution Channels, 2026F
14. Europe Alcoholic Beverage Market Competitive Landscape
14.1 Europe Alcoholic Beverage Market Revenue Share, By Companies, 2019
14.1.1 UK Alcoholic Beverage Market Revenue Share, By Companies, 2019
14.1.2 Spain Alcoholic Beverage Market Revenue Share, By Companies, 2019
14.1.3 Italy Alcoholic Beverage Market Revenue Share, By Companies, 2019
14.1.4 France Alcoholic Beverage Market Revenue Share, By Companies, 2019
14.1.5 Germany Alcoholic Beverage Market Revenue Share, By Companies, 2019
14.2 Europe Alcoholic Beverage Market Competitive Benchmarking, By Operating Parameters
15. Company Profiles
16. Key Recommendations
17. Disclaimer

Europe Alcoholic Beverage Market (2020-2026): Market Forecast By Types (Beer, Spirit, Wine), By Packaging (Plastic Bottles, Glass Bottles, Cans), By Distribution Channels (Hypermarkets/Supermarkets, Online Retail Stores, Specialty Stores, Restaurants/Bars), By Countries (Spain, Italy, France, Germany, UK & Rest of Europe) and competitive landscape

Asia Pacific (APAC) Alcoholic Beverage Market (2020-2026): Market Forecast By Types (Beer, Spirit, Wine), By Packaging (Plastic Bottles, Glass Bottles, Cans), By Distribution Channels (Hypermarkets/Supermarkets, Online Retail Stores, Specialty Stores, Restaurants/Bars), By Countries (India, China, Myanmar, South Korea, Philippines, Cambodia, Malaysia, Japan, Australia, Indonesia & Rest of the Asia Pacific) and competitive landscape

Africa Alcoholic Beverage Market (2020-2026): Market Forecast By Types (Beer, Spirit, Wine), By Packaging (Plastic Bottles, Glass Bottles, Cans), By Distribution Channels (Hypermarkets/Supermarkets, Online Retail Stores, Specialty Stores, Restaurants/Bars), By Countries (Nigeria, Kenya, South Africa & Rest of Africa) and competitive landscape

South Africa Alcoholic Beverage Market (2020-2026): Market Forecast By Types (Beer, Spirit, Wine), By Packaging (Plastic Bottles, Glass Bottles, Cans), By Distribution Channels (Hypermarkets/Supermarkets, Online Retail Stores, Specialty Stores, Restaurants/Bars) and competitive landscape

India Alcoholic Beverage Market (2020-2026): Market Forecast By Types (Beer, Spirit, Wine), By Packaging (Plastic Bottles, Glass Bottles, Cans), By Distribution Channels (Hypermarkets/Supermarkets, Online Retail Stores, Specialty Stores, Restaurants/Bars) and competitive landscape

Nigeria Alcoholic Beverage Market (2020-2026): Market Forecast By Types (Beer, Spirit, Wine), By Packaging (Plastic Bottles, Glass Bottles, Cans), By Distribution Channels (Hypermarkets/Supermarkets, Online Retail Stores, Specialty Stores, Restaurants/Bars) and competitive landscape

Kenya Alcoholic Beverage Market (2020-2026): Market Forecast By Types (Beer, Spirit, Wine), By Packaging (Plastic Bottles, Glass Bottles, Cans), By Distribution Channels (Hypermarkets/Supermarkets, Online Retail Stores, Specialty Stores, Restaurants/Bars) and competitive landscape

Algeria Alcoholic Beverage Market (2020-2026): Market Forecast By Types (Beer, Spirit, Wine), By Packaging (Plastic Bottles, Glass Bottles, Cans), By Distribution Channels (Hypermarkets/Supermarkets, Online Retail Stores, Specialty Stores, Restaurants/Bars) and competitive landscape

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