The size of the Latin America Root Beer market is estimated to reach USD 0.11 billion by 2029 from USD 0.08 billion in 2024, growing at a CAGR of 6.91% from 2024 to 2029.
Root beer is a sweet soft drink traditionally made using the sassafras tree as the primary flavor. It generally has a thick, foamy head when poured. Presently commercially produced root beer is sweet, foamy, carbonated, nonalcoholic, and flavored using artificial sassafras flavoring. However, few commercial root beers also use a safrole-free sassafras extract. The Latin America Root Beer market is developing at an exceptionally quick pace. The significant drivers are a desire among consumers for new and interesting flavored craft brews. Increasing disposable income among the working-class population has also increased the demand for root beer. However, Rising Anti-alcohol campaigns and a rising aging population limit the growth of Root Beer market.
and the remaining countries of South America. The rising focus of key players on enhancing their market presence across the globe is estimated to encourage the growth of the market in the Latin America regions.
Dr. Pepper Snapple Group, The Coca-Cola Company, Blitz-Weinhard Brewing Co., The Dad's Root Beer Company, Sprecher Brewing Co. Inc., Stewart’s Restaurants, Inc., Berghoff Beer, Whole Foods Market are some of the notable companies in the Latin America Root Bear market.
Related Reports
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 1600
Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM
Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: [email protected]
Reports By Region