Market Size of South America Ready-to-Drink (RTD) Coffee Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 2.90 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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South America RTD Coffee Market Analysis
The South America Ready-to-Drink (RTD) Coffee Market is projected to grow at a CAGR of 2.9% during the forecast period.
- The demand for ready to drink beverages has witnessed growth owing to the busy lifestyle and coffee being an excellent source of energy is gaining popularity amongst youngsters as well as working population.
- Ready-to drink coffee can be considered as a healthy substitute for drinks that can cause health hazards such as obesity and hypertension. The RTD coffee provides convenience by utilizing either brewed coffee or coffee extract that can be consumed in hot and cold form.
- Manufacturers are also focusing on new product development with different flavors as a key strategy to expand their business and improve sales and distribution of RTD coffee.
