Latin America Non-alcoholic Concentrated Syrup Market Size & Outlook
The non-alcoholic concentrated syrup market in Latin America is expected to reach a projected revenue of US$ 3,353.5 million by 2030. A compound annual growth rate of 4.1% is expected of Latin America non-alcoholic concentrated syrup market from 2024 to 2030.
Revenue, 2023 (US$M)
$2,524.6
Forecast, 2030 (US$M)
$3,353.5
CAGR, 2024 - 2030
4.1%
Report Coverage
Latin America
Related Markets
Latin America non-alcoholic concentrated syrup market highlights
- The Latin America non-alcoholic concentrated syrup market generated a revenue of USD 2,524.6 million in 2023.
- The market is expected to grow at a CAGR of 4.1% from 2024 to 2030.
- In terms of segment, fruit syrup was the largest revenue generating product in 2023.
- Fruit syrup is the most lucrative product segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 2,524.6 million |
| Market revenue in 2030 | USD 3,353.5 million |
| Growth rate | 4.1% (CAGR from 2023 to 2030) |
| Largest segment | Fruit syrup |
| Fastest growing segment | Fruit syrup |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fruit syrup |
| Key market players worldwide | Britvic PLC, Suntory Holdings, Unilever PLC, Monin, Torani, Amoretti |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.9% of the global non-alcoholic concentrated syrup market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 10,285.4 million by 2030.
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Non-Alcoholic Concentrated Syrup Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Suntory Holdings | View profile | 10001+ | Minato, Chiba, Japan, Asia | http://suntory.com |
| Amoretti | View profile | 51-100 | Oxnard, California, United States, North America | https://amoretti.com/ |
| Torani | View profile | 51-100 | South San Francisco, California, United States, North America | http://www.torani.com |
| Monin | View profile | 501-1000 | Bourges, Centre, France, Europe | https://www.monin.com/ |
| Britvic PLC | View profile | 4529 | Breakspear Way, Breakspear Park, Hemel Hempstead, Hertfordshire, United Kingdom, HP2 4TZ | https://www.britvic.com |
| Unilever PLC | View profile | 128377 | 100 Victoria Embankment, London, United Kingdom, EC4Y 0DY | https://www.unilever.com |
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