Latin America Gin Market Size & Outlook, 2022-2030
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Latin America gin market highlights
- The Latin America gin market generated a revenue of USD 2.2 billion in 2022.
- The market is expected to grow at a CAGR of 5.9% from 2023 to 2030.
- In terms of segment, on-trade was the largest revenue generating distribution in 2022.
- On-trade is the most lucrative distribution segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 2.2 billion |
| Market revenue in 2030 | USD 3.6 billion |
| Growth rate | 5.9% (CAGR from 2022 to 2030) |
| Largest segment | On-trade |
| Fastest growing segment | On-trade |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | On-trade, Off-trade |
| Key market players worldwide | Diageo PLC, Pernod Ricard SA, San Miguel Corp, Brown-Forman Corp Class A, Suntory Beverage & Food Ltd |
Other key industry trends
- In terms of revenue, Latin America region accounted for 16.8% of the global gin market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 5.5 billion by 2030.
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Gin Market Scope
Gin Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| San Miguel Corp | View profile | 53357 | No. 40 San Miguel Avenue, Metro Manila, P.O. Box 271, Manila Central Post Office, Mandaluyong, Philippines, 1550 | https://www.sanmiguel.com.ph |
| Brown-Forman Corp Class A | View profile | 5600 | 850 Dixie Highway, Louisville, KY, United States, 40210 | https://www.brown-forman.com |
| Diageo PLC | View profile | 30269 | 16 Great Marlborough Street, London, United Kingdom, W1F 7HS | https://www.diageo.com |
| Pernod Ricard SA | View profile | 20617 | 5, Cours Paul Ricard, Paris, France, 75008 | https://www.pernod-ricard.com |
| Suntory Beverage & Food Ltd | View profile | 24641 | 3-1-1 Kyobashi, Tokyo Square Garden, Chuo-ku, Tokyo, Japan, 104-0031 | http://www.suntory.co.jp |
Latin America gin market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to gin market will help companies and investors design strategic landscapes.
On-trade was the largest segment with a revenue share of 54.55% in 2022. Horizon Databook has segmented the Latin America gin market based on on-trade, off-trade covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Gin Distribution Outlook (Revenue, USD Billion, 2018-2030)
- On-trade
- Off-trade
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Our clientele includes a mix of gin market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America gin market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America gin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America gin market size, by country, 2018-2030 (US$B)
Latin America Gin Market Outlook Share, 2022 & 2030 (US$B)
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