Latin America Ready to Drink (RTD) Coffee market is predicted to reach USD 1.48 billion in 2024 and USD 2.33 billion by 2029, growing at a CAGR of 9.43% during the forecast period.
Ready to Drink (RTD) Coffee is being touted as a healthy replacement for carbonated drinks, which are associated with numerous health hazards, including obesity and hypertension. These are prepacked and refrigerated drinks and use probiotics for digestive health and sweeteners.The significant drivers are growing health awareness coupled with rising disposable income. The rising demand for on-the-go drinks is expected to boost the demand for these products. However cost of coffee and use of locally sourced products limit the growth of Ready to Drink (RTD) Coffee market. Also adaption to new tastes is a major constraint.
Bottles
Cans
Taurine
Guarana
Yerba Mate
Ginseng
Vitamin B
Acai Berry
Convenience stores
Supermarkets/hypermarkets
Mass merchandisers
Drug stores
Food services/ Sports nutrition chain
Vending
Brazil
Mexico
Argentina
Cargill, Starbucks Corporation
Asahi Group Holdings Ltd.
Ajinomoto General Foods Inc.
Dunkin' Brands Group
Green Mountain Coffee Roasters
Ferolito Vultaggio & Sons
Dr. Pepper Snapple Group
Japan Tobacco Inc.
Lotte Chilsung Beverage Co.
Monster Beverage Co
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