Latin America Tequilla Seltzers Market Size & Outlook
The tequilla seltzers market in Latin America is expected to reach a projected revenue of US$ 754.8 million by 2030. A compound annual growth rate of 7.5% is expected of Latin America tequilla seltzers market from 2024 to 2030.
Revenue, 2023 (US$M)
$453.9
Forecast, 2030 (US$M)
$754.8
CAGR, 2024 - 2030
7.5%
Report Coverage
Latin America
Latin America tequilla seltzers market highlights
- The Latin America tequilla seltzers market generated a revenue of USD 453.9 million in 2023.
- The market is expected to grow at a CAGR of 7.5% from 2024 to 2030.
- In terms of segment, lime was the largest revenue generating flavor in 2023.
- Lime is the most lucrative flavor segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 453.9 million |
| Market revenue in 2030 | USD 754.8 million |
| Growth rate | 7.5% (CAGR from 2023 to 2030) |
| Largest segment | Lime |
| Fastest growing segment | Lime |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Lime |
| Key market players worldwide | Anheuser-Busch InBev SA/NV, Diageo PLC, Suntory Holdings, Heineken NV, Constellation Brands |
Other key industry trends
- In terms of revenue, Latin America region accounted for 13.5% of the global tequilla seltzers 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 1,262.6 million by 2030.
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Tequilla Seltzers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Jose Cuervo | View profile | 1-10 | Jersey City, New Jersey, United States, North America | http://cuervo.com/ |
| Onda | View profile | 11-50 | New York, New York, United States, North America | https://drinkonda.com/ |
| Cutwater Spirits | View profile | 101-250 | San Diego, California, United States, North America | https://cutwaterspirits.com/ |
| Suntory Holdings | View profile | 10001+ | Minato, Chiba, Japan, Asia | http://suntory.com |
| Constellation Brands | View profile | 1001-5000 | Victor, New York, United States, North America | http://cbrands.com |
| Heineken NV | View profile | 89732 | Tweede Weteringplantsoen 21, Amsterdam, NH, Netherlands, 1017 ZD | https://www.theheinekencompany.com |
| Anheuser-Busch InBev SA/NV | View profile | 155000 | Brouwerijplein 1, Leuven, Belgium, 3000 | https://www.ab-inbev.com |
| Constellation Brands Inc Class A | View profile | 10600 | 207 High Point Drive, Building 100, Victor, New York, NY, United States, 14564 | https://www.cbrands.com |
| Diageo PLC | View profile | 30269 | 16 Great Marlborough Street, London, United Kingdom, W1F 7HS | https://www.diageo.com |
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